Zacks Research Issues Optimistic Outlook for Lennar Earnings

Lennar Corporation (NYSE:LEN) – Investment analysts at Zacks Research boosted their Q2 2026 earnings per share (EPS) estimates for Lennar in a note issued to investors on Tuesday, September 9th. Zacks Research analyst Team now forecasts that the construction company will earn $1.96 per share for the quarter, up from their previous forecast of $1.84. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Lennar’s current full-year earnings is $12.48 per share. Zacks Research also issued estimates for Lennar’s Q3 2026 earnings at $2.86 EPS, Q4 2026 earnings at $3.63 EPS, FY2026 earnings at $10.15 EPS, Q1 2027 earnings at $1.90 EPS, Q2 2027 earnings at $2.09 EPS, Q3 2027 earnings at $3.24 EPS and FY2027 earnings at $11.08 EPS.

Several other equities analysts have also issued reports on the company. Royal Bank Of Canada reduced their target price on Lennar from $122.00 to $98.00 and set a “sector perform” rating for the company in a report on Wednesday, June 18th. Wells Fargo & Company upped their target price on Lennar from $110.00 to $135.00 and gave the company an “equal weight” rating in a report on Tuesday, September 2nd. Wall Street Zen lowered Lennar from a “hold” rating to a “sell” rating in a report on Saturday, June 21st. Wedbush reissued a “neutral” rating and set a $130.00 price objective on shares of Lennar in a report on Wednesday, June 18th. Finally, UBS Group reduced their price objective on Lennar from $164.00 to $146.00 and set a “buy” rating for the company in a report on Wednesday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $130.77.

Lennar Stock Performance

LEN stock opened at $136.75 on Wednesday. The firm has a market cap of $35.42 billion, a PE ratio of 11.31, a P/E/G ratio of 5.83 and a beta of 1.33. 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 business has a 50 day moving average of $122.94 and a 200-day moving average of $115.37. Lennar has a 12-month low of $98.42 and a 12-month high of $193.80.

Lennar (NYSE:LEN) last issued its quarterly earnings data on Monday, June 16th. The construction company reported $1.90 EPS for the quarter, missing the consensus estimate of $1.94 by ($0.04). The company had revenue of $8.38 billion during the quarter, compared to analysts’ expectations of $8.21 billion. Lennar had a return on equity of 12.73% and a net margin of 9.20%.The business’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same period last year, the company earned $3.45 earnings per share.

Lennar Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Thursday, July 3rd were given a dividend of $0.50 per share. The ex-dividend date was Thursday, July 3rd. This represents a $2.00 annualized dividend and a dividend yield of 1.5%. Lennar’s dividend payout ratio is currently 16.54%.

Institutional Investors Weigh In On Lennar

Several institutional investors have recently made changes to their positions in LEN. Ameriflex Group Inc. purchased a new stake in shares of Lennar in the fourth quarter worth $30,000. Opal Wealth Advisors LLC purchased a new stake in shares of Lennar in the first quarter worth $30,000. NBC Securities Inc. purchased a new stake in shares of Lennar in the first quarter worth $33,000. FNY Investment Advisers LLC purchased a new stake in shares of Lennar in the second quarter worth $33,000. Finally, Rexford Capital Inc. purchased a new stake in shares of Lennar in the second quarter worth $36,000. Hedge funds and other institutional investors own 81.10% of the company’s stock.

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.