Lennar Corporation (NYSE:LEN – Free Report) – Equities researchers at Seaport Res Ptn dropped their Q4 2025 earnings per share (EPS) estimates for shares of Lennar in a research report issued to clients and investors on Wednesday, June 18th. Seaport Res Ptn analyst K. Zener now forecasts that the construction company will post earnings of $2.78 per share for the quarter, down from their previous forecast of $3.07. Seaport Res Ptn has a “Strong-Buy” rating on the stock. The consensus estimate for Lennar’s current full-year earnings is $12.48 per share.
A number of other brokerages have also recently issued reports on LEN. Keefe, Bruyette & Woods decreased their price objective on shares of Lennar from $128.00 to $114.00 and set a “market perform” rating on the stock in a research note on Friday, June 20th. Wells Fargo & Company reduced their target price on Lennar from $120.00 to $110.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 9th. Evercore ISI lowered their price target on Lennar from $131.00 to $114.00 and set an “in-line” rating for the company in a report on Wednesday, June 18th. Wall Street Zen lowered Lennar from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Zelman & Associates downgraded Lennar from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 18th. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $132.50.
Lennar Price Performance
LEN stock opened at $111.82 on Monday. The company’s 50-day moving average price is $108.01 and its two-hundred day moving average price is $120.57. Lennar has a 12 month low of $98.42 and a 12 month high of $187.61. The company has a quick ratio of 0.49, a current ratio of 3.65 and a debt-to-equity ratio of 0.12. The firm has a market cap of $29.50 billion, a P/E ratio of 9.25, a P/E/G ratio of 4.33 and a beta of 1.33.
Lennar (NYSE:LEN – Get Free Report) last posted its quarterly earnings results on Monday, June 16th. The construction company reported $1.90 EPS for the quarter, missing analysts’ consensus estimates of $1.94 by ($0.04). The company had revenue of $8.38 billion during the quarter, compared to analyst estimates of $8.21 billion. Lennar had a net margin of 9.20% and a return on equity of 12.73%. The firm’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same period last year, the firm earned $3.45 EPS.
Institutional Trading of Lennar
Several institutional investors have recently modified their holdings of LEN. Hurley Capital LLC acquired a new stake in Lennar during the 4th quarter valued at approximately $26,000. SBI Securities Co. Ltd. acquired a new stake in shares of Lennar during the fourth quarter worth $28,000. Ameriflex Group Inc. bought a new position in Lennar during the fourth quarter worth $30,000. Opal Wealth Advisors LLC bought a new position in Lennar during the first quarter worth $30,000. Finally, NBC Securities Inc. acquired a new position in Lennar in the first quarter valued at $33,000. Institutional investors own 81.10% of the company’s stock.
Lennar Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Thursday, July 3rd will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.79%. Lennar’s dividend payout ratio (DPR) is presently 16.54%.
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.
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