Lennar (NYSE:LEN) Price Target Cut to $105.00 by Analysts at Wells Fargo & Company

Lennar (NYSE:LEN) had its target price trimmed by Wells Fargo & Company from $110.00 to $105.00 in a report released on Tuesday morning,Benzinga reports. They currently have an equal weight rating on the construction company’s stock.

Other research analysts have also issued reports about the company. BTIG Research set a $90.00 price objective on Lennar in a report on Thursday, December 18th. JPMorgan Chase & Co. decreased their price target on shares of Lennar from $115.00 to $80.00 and set an “underweight” rating on the stock in a research note on Thursday, December 18th. JMP Securities lifted their price objective on shares of Lennar from $130.00 to $140.00 and gave the stock a “market outperform” rating in a research note on Monday, September 22nd. Keefe, Bruyette & Woods decreased their target price on shares of Lennar from $125.00 to $115.00 and set a “market perform” rating on the stock in a research report on Thursday, December 18th. Finally, Evercore ISI cut shares of Lennar from an “in-line” rating to an “underperform” rating and lowered their target price for the stock from $114.00 to $92.00 in a report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have given a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat, Lennar currently has an average rating of “Reduce” and a consensus target price of $108.08.

Lennar Stock Performance

Shares of LEN stock opened at $106.33 on Tuesday. Lennar has a 52 week low of $98.42 and a 52 week high of $144.24. The company has a market capitalization of $27.12 billion, a price-to-earnings ratio of 13.31, a PEG ratio of 1.14 and a beta of 1.42. The company has a 50-day simple moving average of $117.74 and a 200 day simple moving average of $121.39. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.36 and a current ratio of 4.89.

Lennar (NYSE:LEN) last issued its quarterly earnings data on Tuesday, December 16th. The construction company reported $2.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.27). Lennar had a return on equity of 9.27% and a net margin of 6.08%.The company had revenue of $9.37 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same quarter last year, the business earned $4.03 earnings per share. The company’s revenue was down 5.8% on a year-over-year basis. On average, sell-side analysts predict that Lennar will post 12.48 earnings per share for the current year.

Institutional Trading of Lennar

Large investors have recently made changes to their positions in the company. Lazard Asset Management LLC raised its position in Lennar by 7.1% during the second quarter. Lazard Asset Management LLC now owns 1,278 shares of the construction company’s stock valued at $141,000 after purchasing an additional 85 shares in the last quarter. Zions Bancorporation National Association UT raised its holdings in shares of Lennar by 8.3% during the 3rd quarter. Zions Bancorporation National Association UT now owns 1,127 shares of the construction company’s stock worth $142,000 after buying an additional 86 shares in the last quarter. RFG Advisory LLC lifted its position in shares of Lennar by 2.1% during the 3rd quarter. RFG Advisory LLC now owns 4,255 shares of the construction company’s stock worth $536,000 after buying an additional 87 shares during the last quarter. UMB Bank n.a. boosted its stake in Lennar by 6.2% in the third quarter. UMB Bank n.a. now owns 1,595 shares of the construction company’s stock valued at $201,000 after buying an additional 93 shares in the last quarter. Finally, ORG Wealth Partners LLC grew its position in Lennar by 5.2% in the third quarter. ORG Wealth Partners LLC now owns 2,072 shares of the construction company’s stock valued at $261,000 after acquiring an additional 102 shares during the last quarter. Institutional investors and hedge funds own 81.10% of the company’s stock.

Key Lennar News

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: TPG recapitalized Quarterra, acquiring a majority stake while Lennar retains a minority interest — the deal brings institutional capital, reduces Lennar’s direct multifamily exposure and should free cash / reduce capital intensity for the homebuilding business. TPG and Lennar Announce Strategic Partnership to Recapitalize Quarterra
• Positive Sentiment: Reports describe the transaction as roughly $1B and note TPG’s additional $1B commitment to the platform — a sizable capital endorsement for Quarterra’s pipeline that supports valuation and growth prospects for the spun platform. TPG Makes $1B Deal For Majority Of Lennar’s Multifamily Business
• Positive Sentiment: A Lennar affiliate paid $18M for Miami‑Dade townhouse properties — a small, accretive land/asset purchase that reflects ongoing localized investment activity. Lennar affiliate buys Miami-Dade properties for $18 million
• Neutral Sentiment: Local development headwinds reported (e.g., Texas Hill Country opposition, delays in San Francisco projects) highlight project‑level permitting and political risk in some markets but are not company‑wide catalysts at this time. Major development in Texas Hill Country residents’ fight against home builder
• Negative Sentiment: Wells Fargo cut its price target to $105 and moved to an “equal weight” stance, signaling more cautious near‑term outlook from a major shop. Wells Fargo Price Target Cut
• Negative Sentiment: UBS downgraded Lennar from Buy to Neutral, reducing buy‑side conviction and potentially pressuring stock momentum. Lennar downgraded to neutral from buy at UBS
• Negative Sentiment: Critical coverage highlights weak demand, margin pressure and management departures — these operational concerns could weigh on medium‑term earnings and investor sentiment. Lennar: Weak Demand, Margin Pressure, And Management Departure
• Negative Sentiment: Bank of America’s sole Underperform rating adds another cautious institutional view that could increase selling pressure if echoed by others. What Lennar (LEN)’s Sole Underperform Rating From Bank of America Means For Shareholders

About Lennar

Lennar Corporation (NYSE: LEN) is a U.S.-based homebuilder and real estate company that designs, constructs and sells residential housing. The company offers a range of product types including single-family detached homes, townhomes and condominiums, serving buyers from entry-level and first-time purchasers to move-up, active-adult and luxury segments. Lennar also develops master-planned communities and manages land acquisition and entitlement activities that support its homebuilding operations.

In addition to home construction and sales, Lennar provides a suite of ancillary services intended to streamline the purchase process and capture additional value.