FY2028 Earnings Estimate for Lennar Issued By Zacks Research

Lennar Corporation (NYSE:LEN) – Analysts at Zacks Research issued their FY2028 earnings per share estimates for shares of Lennar in a research report issued to clients and investors on Tuesday, January 6th. Zacks Research analyst Team expects that the construction company will earn $10.17 per share for the year. 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.

Other analysts have also issued reports about the company. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $120.00 target price on shares of Lennar in a research report on Thursday, December 18th. Royal Bank Of Canada downgraded Lennar from a “sector perform” rating to an “underperform” rating and decreased their price objective for the company from $106.00 to $95.00 in a report on Wednesday, December 17th. Wells Fargo & Company lowered their target price on Lennar from $110.00 to $105.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Barclays reduced their price target on shares of Lennar from $98.00 to $88.00 and set an “underweight” rating for the company in a research report on Thursday, December 18th. Finally, BTIG Research set a $90.00 price objective on shares of Lennar in a report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have given a Hold rating and seven have given a Sell rating to the company. According to MarketBeat, Lennar currently has a consensus rating of “Reduce” and a consensus target price of $106.54.

Lennar Price Performance

Shares of NYSE LEN opened at $109.49 on Thursday. The firm has a market capitalization of $27.92 billion, a P/E ratio of 13.70, a P/E/G ratio of 1.13 and a beta of 1.42. The firm’s 50-day moving average price is $117.05 and its 200-day moving average price is $121.19. The company has a current ratio of 4.89, a quick ratio of 1.36 and a debt-to-equity ratio of 0.18. Lennar has a 1-year low of $98.42 and a 1-year high of $144.24.

Lennar (NYSE:LEN) last released its earnings results on Tuesday, December 16th. The construction company reported $2.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.27). The company had revenue of $9.37 billion for the quarter, compared to analyst estimates of $9.17 billion. Lennar had a net margin of 6.08% and a return on equity of 9.27%. The firm’s revenue was down 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.03 EPS.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of LEN. Lazard Asset Management LLC raised its stake in Lennar by 7.1% in the 2nd quarter. Lazard Asset Management LLC now owns 1,278 shares of the construction company’s stock valued at $141,000 after acquiring an additional 85 shares during the period. Zions Bancorporation National Association UT increased its holdings in shares of Lennar by 8.3% in the third quarter. Zions Bancorporation National Association UT now owns 1,127 shares of the construction company’s stock worth $142,000 after purchasing an additional 86 shares during the period. RFG Advisory LLC raised its holdings in shares of Lennar by 2.1% in the 3rd quarter. RFG Advisory LLC now owns 4,255 shares of the construction company’s stock valued at $536,000 after acquiring an additional 87 shares in the last quarter. UMB Bank n.a. grew its stake in Lennar by 6.2% in the 3rd quarter. UMB Bank n.a. now owns 1,595 shares of the construction company’s stock worth $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 worth $261,000 after acquiring an additional 102 shares in the last quarter. Institutional investors own 81.10% of the company’s stock.

Key Lennar News

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Lennar sold majority control of its struggling multifamily business to TPG, which should reduce ongoing losses and capital needs for Lennar while bringing in an institutional partner and cash. This strategic move is the main positive catalyst supporting the stock today. Lennar sells majority control of multifamily division to TPG
• Neutral Sentiment: Local planning friction: a proposed additional development near Helotes Creek is drawing community scrutiny — contains localized project risk but limited broader corporate impact. Proposal near Helotes Creek draws scrutiny
• Neutral Sentiment: Industry note — Barron’s highlights that homebuilders have momentum but may need to offer buyer incentives to sustain it; this is a market-level tailwind/conditional factor rather than company-specific news. Home Builder Stocks Are Off to a Good Start
• Negative Sentiment: Analyst downgrades and price-target cuts have picked up: Citigroup cut its target from $133 to $113 and put a neutral rating on LEN, Wells Fargo trimmed its target to $105, and UBS issued a downgrade — these moves tighten near-term upside and reflect disappointment after Lennar’s underwhelming quarter. Citigroup cuts LEN target Wells Fargo lowers target to $105 UBS downgrades LEN
• Negative Sentiment: Zacks issued a lower FY2028 EPS estimate (about $10.17 vs. the consensus near $12.48) and Citizens/JMP has moved Lennar to/kept it at market-perform after a weak Q4 — these lower estimates and conservative ratings increase downside risk until guidance or results improve. Zacks FY2028 estimate Citizens/JMP market perform

Lennar Company Profile

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.