Lennar (NYSE:LEN) Cut to Sell at Seaport Research Partners

Seaport Research Partners cut shares of Lennar (NYSE:LEN) from a buy rating to a sell rating in a report released on Monday morning, MarketBeat Ratings reports. Seaport Research Partners currently has $74.00 price target on the construction company’s stock, down from their previous price target of $140.00.

LEN has been the subject of several other research reports. Keefe, Bruyette & Woods reduced their target price on shares of Lennar from $105.00 to $97.00 and set a “market perform” rating for the company in a report on Wednesday, April 1st. Citigroup reduced their target price on shares of Lennar from $113.00 to $104.00 and set a “neutral” rating for the company in a report on Tuesday, March 17th. Wall Street Zen downgraded shares of Lennar from a “hold” rating to a “sell” rating in a report on Monday, December 8th. Barclays reduced their target price on shares of Lennar from $88.00 to $85.00 and set an “underweight” rating for the company in a report on Monday, March 16th. Finally, Bank of America reaffirmed an “underperform” rating and set a $95.00 target price (down from $125.00) on shares of Lennar in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Hold rating and eight have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $100.07.

Lennar Stock Performance

Shares of LEN opened at $88.63 on Monday. The firm has a 50-day moving average of $103.77 and a 200-day moving average of $113.95. Lennar has a one year low of $83.03 and a one year high of $144.24. The company has a market cap of $21.89 billion, a PE ratio of 12.73, a price-to-earnings-growth ratio of 1.85 and a beta of 1.47. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.77 and a quick ratio of 0.97.

Lennar (NYSE:LEN) last announced its quarterly earnings data on Thursday, March 12th. The construction company reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.07). The firm had revenue of $6.62 billion during the quarter, compared to the consensus estimate of $6.90 billion. Lennar had a net margin of 5.39% and a return on equity of 7.80%. The business’s revenue was down 13.3% on a year-over-year basis. During the same period last year, the business earned $2.14 EPS. As a group, equities analysts forecast that Lennar will post 12.48 earnings per share for the current year.

Lennar Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Wednesday, February 4th were given a $0.50 dividend. The ex-dividend date was Wednesday, February 4th. This represents a $2.00 annualized dividend and a dividend yield of 2.3%. Lennar’s payout ratio is presently 28.74%.

Hedge Funds Weigh In On Lennar

Hedge funds and other institutional investors have recently made changes to their positions in the company. Viking Global Investors LP grew its holdings in shares of Lennar by 86.7% during the 2nd quarter. Viking Global Investors LP now owns 2,523,594 shares of the construction company’s stock valued at $279,135,000 after purchasing an additional 1,172,068 shares during the last quarter. Van Lanschot Kempen Investment Management N.V. grew its holdings in shares of Lennar by 90.9% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,963,373 shares of the construction company’s stock valued at $201,835,000 after purchasing an additional 934,856 shares during the last quarter. Freestone Grove Partners LP bought a new stake in shares of Lennar during the 4th quarter valued at approximately $95,941,000. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in shares of Lennar by 14.6% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,732,654 shares of the construction company’s stock valued at $596,504,000 after purchasing an additional 603,004 shares during the last quarter. Finally, Bank of Nova Scotia grew its holdings in shares of Lennar by 1,303.1% during the 4th quarter. Bank of Nova Scotia now owns 490,105 shares of the construction company’s stock valued at $50,383,000 after purchasing an additional 455,174 shares during the last quarter. 81.10% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Lennar

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Board declared a quarterly cash dividend of $0.50/share payable May 6, 2026 — a direct return of capital that supports investor income thesis and can boost demand for the shares. Lennar Corporation Declares Quarterly Dividends
• Positive Sentiment: Ongoing land and lot buys: Lennar purchased future home lots in the Sacramento area (Elk Grove, Rancho Cordova, Vineyard) and spent on land for new developments — signals continued pipeline building and local market expansion. Lennar buys future home lots in Elk Grove, Rancho Cordova, Vineyard
• Positive Sentiment: Local development approvals and starts (e.g., Rochester Pebble Creek phase, Huntsville-area construction activity) indicate steady demand in certain markets and support forward revenue visibility. Rochester council OKs next phase of Pebble Creek
• Neutral Sentiment: Analyst commentary highlights value views: MarketBeat listed LEN among discounted stocks with rebound potential — useful for value-oriented investors but not an immediate catalyst. 3 Discounted Stocks With Strong Rebound Potential (LEN)
• Negative Sentiment: Wells Fargo cut its price target to $90 (equal-weight), signaling reduced upside and dampening momentum from institutional investors. Wells Fargo adjusts price target on Lennar to $90
• Negative Sentiment: Barclays lowered its target to $80 and kept an underweight rating — a sharper negative signal that could trigger further selling from funds following Barclays’ coverage. Barclays adjusts price target on Lennar to $80
• Negative Sentiment: Zacks Research cut Q4 2027 and FY2027–FY2028 EPS forecasts (material downgrades to forward earnings) — suggests analysts expect weaker near-term margins and revenue vs. prior views. Zacks cuts Lennar EPS estimates
• Negative Sentiment: Brokerage consensus has slid toward “Reduce” coverage and broader negative commentary; coupled with recent analysis on why LEN fell sharply in March, this continues to pressure sentiment and sell-side conviction. Why Lennar Corporation Stock Fell 24.1% In March Consensus Rating of “Reduce”

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.