FY2027 Earnings Forecast for Lennar Issued By Zacks Research

Lennar Corporation (NYSE:LEN) – Equities researchers at Zacks Research decreased their FY2027 earnings per share estimates for shares of Lennar in a research note issued to investors on Thursday, April 2nd. Zacks Research analyst Team now expects that the construction company will post earnings of $7.45 per share for the year, down from their previous estimate of $8.12. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Lennar’s current full-year earnings is $12.48 per share. Zacks Research also issued estimates for Lennar’s Q4 2027 earnings at $2.53 EPS and FY2028 earnings at $7.86 EPS.

A number of other analysts have also recently commented on the company. Weiss Ratings cut Lennar from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 16th. Barclays dropped their price target on Lennar from $88.00 to $85.00 and set an “underweight” rating on the stock in a research report on Monday, March 16th. Citizens Jmp reissued a “market perform” rating on shares of Lennar in a research report on Wednesday, January 7th. The Goldman Sachs Group dropped their price target on Lennar from $125.00 to $118.00 and set a “neutral” rating on the stock in a research report on Thursday, March 5th. Finally, BTIG Research set a $90.00 price target on Lennar in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Hold rating and eight have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $101.14.

Lennar Stock Performance

Lennar stock opened at $85.54 on Tuesday. The stock’s 50 day simple moving average is $104.22 and its two-hundred day simple moving average is $114.13. 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 stock has a market cap of $21.13 billion, a price-to-earnings ratio of 12.29, a PEG ratio of 1.85 and a beta of 1.47. Lennar has a fifty-two week low of $83.03 and a fifty-two week high of $144.24.

Lennar (NYSE:LEN) last posted its quarterly earnings data on Thursday, March 12th. The construction company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.07). The firm had revenue of $6.62 billion for 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.14 earnings per share.

Hedge Funds Weigh In On Lennar

A number of hedge funds have recently added to or reduced their stakes in the company. Lazard Asset Management LLC raised its holdings in Lennar by 7.1% in the 2nd quarter. Lazard Asset Management LLC now owns 1,278 shares of the construction company’s stock worth $141,000 after acquiring an additional 85 shares during the last quarter. Zions Bancorporation National Association UT raised its holdings in Lennar by 8.3% in the 3rd quarter. Zions Bancorporation National Association UT now owns 1,127 shares of the construction company’s stock worth $142,000 after acquiring an additional 86 shares during the last quarter. RFG Advisory LLC raised its holdings in Lennar by 2.1% in the 3rd quarter. RFG Advisory LLC now owns 4,255 shares of the construction company’s stock worth $536,000 after acquiring an additional 87 shares during the last quarter. Rossby Financial LCC raised its holdings in Lennar by 9.1% in the 4th quarter. Rossby Financial LCC now owns 1,059 shares of the construction company’s stock worth $109,000 after acquiring an additional 88 shares during the last quarter. Finally, UMB Bank n.a. raised its stake in Lennar by 6.2% during the 3rd 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 during the last quarter. 81.10% of the stock is currently owned by hedge funds and other institutional investors.

Lennar Dividend Announcement

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

More Lennar News

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Large land deals and acreage purchases expand Lennar’s future buildable pipeline in high-demand regions (Sunbelt, Sacramento area, and near semiconductor plants), supporting medium-term revenue and backlog growth. Lennar eyes 826 acres for homes near TSMC, Amkor plants
• Positive Sentiment: Multiple lot acquisitions and local approvals increase near-term lot supply and give Lennar inventory to convert into homes when demand improves (36-lot purchase, Rochester approval for 108 homes, Sacramento lot buys). These moves support future revenue upside as housing recovers. Terra Development participates in 36 lot sales to Lennar
• Positive Sentiment: Market commentary sees LEN as a deep-value play given a low forward P/E and a consensus price target modestly above current levels — a catalyst if mortgage rates or demand show improvement. 3 Discounted Stocks With Strong Rebound Potential (includes Lennar)
• Negative Sentiment: Zacks cut Q4 2027, FY2027 and FY2028 EPS forecasts and retains a “Hold” view, lowering near-term earnings expectations — a headwind for sentiment and valuation until results stabilize. Lennar — Zacks estimates cut (MarketBeat link)
• Negative Sentiment: Brokerage consensus has shifted toward “Reduce,” signaling broad sell-side caution that can amplify downward moves and reduce buy-side conviction. Lennar Given Consensus Rating of “Reduce” by Brokerages
• Negative Sentiment: Analyst and market attention remains focused on Lennar’s March earnings miss (significant YOY revenue and EPS decline), which explains recent volatility and keeps near-term investor skepticism elevated. Why Lennar Stock Fell 24.1% In March

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.