Zacks Research Has Pessimistic Outlook of Lennar Q1 Earnings

Lennar Co. (NYSE:LEN - Free Report) - Zacks Research decreased their Q1 2025 earnings estimates for shares of Lennar in a report issued on Wednesday, January 8th. Zacks Research analyst R. Department now expects that the construction company will post earnings per share of $1.80 for the quarter, down from their previous estimate of $2.84. The consensus estimate for Lennar's current full-year earnings is $14.11 per share. Zacks Research also issued estimates for Lennar's Q2 2025 earnings at $2.72 EPS, Q3 2025 earnings at $3.78 EPS, Q4 2025 earnings at $4.05 EPS, FY2025 earnings at $12.35 EPS, Q1 2026 earnings at $2.54 EPS and FY2026 earnings at $15.96 EPS.

A number of other analysts also recently commented on the stock. StockNews.com downgraded shares of Lennar from a "buy" rating to a "hold" rating in a report on Saturday, September 28th. Citigroup decreased their target price on Lennar from $196.00 to $150.00 and set a "neutral" rating on the stock in a report on Monday, January 6th. UBS Group reduced their target price on Lennar from $205.00 to $192.00 and set a "buy" rating for the company in a report on Wednesday, January 8th. JMP Securities lifted their price target on Lennar from $170.00 to $210.00 and gave the stock a "market outperform" rating in a research note on Wednesday, September 25th. Finally, Wolfe Research lowered shares of Lennar from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $171.50.

Lennar Price Performance

NYSE:LEN opened at $129.58 on Monday. Lennar has a 52-week low of $129.36 and a 52-week high of $193.80. The company has a quick ratio of 0.98, a current ratio of 4.90 and a debt-to-equity ratio of 0.08. The firm has a market cap of $35.15 billion, a P/E ratio of 8.58, a PEG ratio of 1.28 and a beta of 1.66. The business's 50-day moving average price is $156.42 and its 200 day moving average price is $167.80.

Lennar (NYSE:LEN - Get Free Report) last announced its earnings results on Wednesday, December 18th. The construction company reported $4.03 EPS for the quarter, missing the consensus estimate of $4.15 by ($0.12). The firm had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $10.06 billion. Lennar had a return on equity of 15.47% and a net margin of 11.51%. Lennar's revenue for the quarter was down 9.3% on a year-over-year basis. During the same period in the previous year, the firm earned $4.82 EPS.

Hedge Funds Weigh In On Lennar

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LEN. ORG Wealth Partners LLC acquired a new position in Lennar in the 4th quarter valued at $32,000. Wealth Enhancement Advisory Services LLC grew its position in shares of Lennar by 0.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 203,639 shares of the construction company's stock valued at $27,770,000 after purchasing an additional 723 shares during the last quarter. One Wealth Capital Management LLC bought a new position in shares of Lennar in the fourth quarter worth about $246,000. Nordea Investment Management AB lifted its position in shares of Lennar by 21.4% during the 4th quarter. Nordea Investment Management AB now owns 2,250,626 shares of the construction company's stock worth $308,696,000 after purchasing an additional 397,492 shares during the last quarter. Finally, Oddo BHF Asset Management Sas acquired a new stake in Lennar in the 3rd quarter valued at approximately $2,543,000. Institutional investors and hedge funds own 81.10% of the company's stock.

Insider Activity

In related news, Director Jeffrey Sonnenfeld sold 17,500 shares of the firm's stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $175.13, for a total value of $3,064,775.00. Following the transaction, the director now directly owns 23,689 shares of the company's stock, valued at approximately $4,148,654.57. This trade represents a 42.49 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 9.36% of the stock is owned by insiders.

About Lennar

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.