Wells Fargo & Company Lowers Lennar (NYSE:LEN) Price Target to $90.00

Lennar (NYSE:LEN) had its target price dropped by Wells Fargo & Company from $100.00 to $90.00 in a report released on Wednesday, Marketbeat reports. The brokerage presently has an “equal weight” rating on the construction company’s stock. Wells Fargo & Company‘s price target would indicate a potential upside of 1.30% from the stock’s current price.

A number of other research firms have also issued reports on LEN. Barclays dropped their price objective on shares of Lennar from $88.00 to $85.00 and set an “underweight” rating on the stock in a research note on Monday, March 16th. JPMorgan Chase & Co. dropped their price objective 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. Weiss Ratings lowered shares of Lennar from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 16th. Citigroup dropped their price objective on shares of Lennar from $113.00 to $104.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 17th. Finally, The Goldman Sachs Group dropped their price objective on shares of Lennar from $125.00 to $118.00 and set a “neutral” rating on the stock in a research note on Thursday, March 5th. One investment 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, Lennar presently has a consensus rating of “Reduce” and an average price target of $100.07.

Lennar Trading Up 0.2%

NYSE LEN opened at $88.85 on Wednesday. Lennar has a one year low of $83.03 and a one year high of $144.24. The company’s 50 day moving average price is $103.32 and its 200 day moving average price is $113.78. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.97 and a current ratio of 4.77. The firm has a market capitalization of $21.94 billion, a price-to-earnings ratio of 12.77, a PEG ratio of 1.90 and a beta of 1.47.

Lennar (NYSE:LEN) last posted its quarterly earnings results on Thursday, March 12th. The construction company reported $0.88 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.07). Lennar had a net margin of 5.39% and a return on equity of 7.80%. The business had revenue of $6.62 billion during the quarter, compared to analysts’ expectations of $6.90 billion. During the same quarter in the previous year, the business posted $2.14 EPS. The company’s quarterly revenue was down 13.3% on a year-over-year basis. On average, sell-side analysts predict that Lennar will post 12.48 EPS for the current year.

Institutional Trading of Lennar

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Guerra Advisors Inc bought a new stake in shares of Lennar in the third quarter worth $25,000. Redmont Wealth Advisors LLC bought a new stake in shares of Lennar in the third quarter worth $26,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Lennar in the third quarter worth $25,000. DV Equities LLC bought a new stake in shares of Lennar in the fourth quarter worth $31,000. Finally, High Point Wealth Management LLC bought a new stake in shares of Lennar in the fourth quarter worth $31,000. Institutional investors own 81.10% of the company’s stock.

More Lennar News

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Lennar’s Board declared a quarterly cash dividend of $0.50 per share, payable May 6 to holders of record April 22 — a ~2.3% yield that supports income-focused investors and signals continued capital-return capacity. Lennar Corporation Declares Quarterly Dividends
• Neutral Sentiment: Local market activity: an article highlighting $532M in new construction starts in the Huntsville area lists top builders (including large national builders), a reminder of geographic mix and localized demand drivers but not a direct company-specific catalyst. Huntsville Construction Starts
• Negative Sentiment: Lennar cut Q2 FY2026 EPS guidance to $1.10–$1.40 vs. consensus $1.46, signaling weaker near-term margin or volume expectations and directly pressuring the stock.
• Negative Sentiment: Seaport Research reiterated a “Sell” on LEN, adding downside pressure from the sell-side. Seaport Research Reiterates Sell
• Negative Sentiment: Wells Fargo trimmed its price target to $90 and kept an “equal weight” rating, reducing upside expectations. Wells Fargo Price Target Cut
• Negative Sentiment: Barclays lowered its target to $80 and kept an “underweight” rating, implying meaningful downside from current levels. Barclays Price Target Cut
• Negative Sentiment: Context: coverage on why Lennar plunged in March outlines broader demand and margin pressures in the quarter — useful background for understanding current guidance cut and analyst reactions. Why Lennar Fell in March

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.