Wedbush Analysts Lift Earnings Estimates for Lennar

Lennar Corporation (NYSE:LEN) – Stock analysts at Wedbush lifted their Q1 2026 earnings estimates for Lennar in a research report issued to clients and investors on Tuesday, September 9th. Wedbush analyst J. Mccanless now anticipates that the construction company will earn $1.70 per share for the quarter, up from their prior estimate of $1.65. Wedbush currently has a “Neutral” rating and a $130.00 target price on the stock. The consensus estimate for Lennar’s current full-year earnings is $12.48 per share. Wedbush also issued estimates for Lennar’s Q2 2026 earnings at $2.21 EPS, Q3 2026 earnings at $2.65 EPS, Q4 2026 earnings at $3.18 EPS, FY2026 earnings at $9.72 EPS, Q1 2027 earnings at $1.80 EPS, Q2 2027 earnings at $2.40 EPS, Q3 2027 earnings at $2.88 EPS and FY2027 earnings at $10.50 EPS.

Lennar (NYSE:LEN) last announced its quarterly earnings data 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 for 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 quarterly revenue was down 4.4% on a year-over-year basis. During the same period in the prior year, the company posted $3.45 EPS.

Several other research analysts have also issued reports on LEN. Wells Fargo & Company increased their price target on shares of Lennar from $110.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 2nd. Barclays dropped their price target on shares of Lennar from $110.00 to $95.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 18th. Wall Street Zen lowered shares of Lennar from a “hold” rating to a “sell” rating in a research report on Saturday, June 21st. JMP Securities dropped their price target on shares of Lennar from $150.00 to $130.00 and set a “market outperform” rating for the company in a research report on Friday, June 20th. Finally, UBS Group dropped their price target on shares of Lennar from $164.00 to $146.00 and set a “buy” rating for the company in a research report on Wednesday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and fifteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $130.77.

Lennar Stock Up 2.7%

Shares of LEN opened at $140.20 on Thursday. The company has a 50-day simple moving average of $123.53 and a 200-day simple moving average of $115.51. The firm has a market capitalization of $36.31 billion, a P/E ratio of 11.60, a P/E/G ratio of 5.80 and a beta of 1.33. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.49 and a current ratio of 3.65. Lennar has a 52 week low of $98.42 and a 52 week high of $193.80.

Lennar Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Thursday, July 3rd were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, July 3rd. Lennar’s dividend payout ratio is currently 16.54%.

Institutional Trading of Lennar

Several hedge funds have recently modified their holdings of the stock. Centaurus Financial Inc. grew its stake in shares of Lennar by 27.2% during the second quarter. Centaurus Financial Inc. now owns 4,534 shares of the construction company’s stock valued at $502,000 after purchasing an additional 970 shares during the last quarter. Cypress Capital Advisors LLC grew its stake in shares of Lennar by 6.4% during the second quarter. Cypress Capital Advisors LLC now owns 4,203 shares of the construction company’s stock valued at $465,000 after purchasing an additional 252 shares during the last quarter. Orion Porfolio Solutions LLC grew its stake in shares of Lennar by 6.8% during the second quarter. Orion Porfolio Solutions LLC now owns 22,521 shares of the construction company’s stock valued at $2,491,000 after purchasing an additional 1,433 shares during the last quarter. Hilltop Partners LLC grew its stake in shares of Lennar by 12.3% during the second quarter. Hilltop Partners LLC now owns 8,417 shares of the construction company’s stock valued at $931,000 after purchasing an additional 921 shares during the last quarter. Finally, Stance Capital LLC bought a new stake in shares of Lennar during the second quarter valued at approximately $2,009,000. 81.10% of the stock is owned by institutional investors.

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.