Keefe, Bruyette & Woods Cuts Lennar (NYSE:LEN) Price Target to $115.00

Lennar (NYSE:LEN) had its price objective trimmed by Keefe, Bruyette & Woods from $125.00 to $115.00 in a research note released on Thursday,Benzinga reports. The brokerage currently has a market perform rating on the construction company’s stock.

Several other brokerages have also weighed in on LEN. UBS Group raised their price objective on shares of Lennar from $146.00 to $161.00 and gave the company a “buy” rating in a research report on Monday, September 22nd. BTIG Research set a $90.00 price target on shares of Lennar in a research note on Thursday. Wedbush reaffirmed a “neutral” rating and issued a $130.00 price objective on shares of Lennar in a research note on Monday, September 22nd. Evercore ISI downgraded 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 research report on Thursday. Finally, JMP Securities boosted their price target on Lennar from $130.00 to $140.00 and gave the stock a “market outperform” rating in a research report on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have assigned a Hold rating and seven have given a Sell rating to the company. Based on data from MarketBeat, Lennar presently has a consensus rating of “Reduce” and a consensus price target of $109.62.

Lennar Price Performance

LEN opened at $107.91 on Thursday. The stock has a fifty day moving average price of $122.72 and a 200 day moving average price of $121.63. The company has a current ratio of 4.89, a quick ratio of 0.68 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. The stock has a market cap of $27.52 billion, a price-to-earnings ratio of 13.51, a PEG ratio of 4.52 and a beta of 1.38.

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

Lennar Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 27th. Shareholders of record on Friday, October 10th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, October 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.9%. Lennar’s payout ratio is currently 25.03%.

Hedge Funds Weigh In On Lennar

A number of institutional investors have recently made changes to their positions in the business. Brighton Jones LLC grew its holdings in Lennar by 27.9% in the 4th quarter. Brighton Jones LLC now owns 1,727 shares of the construction company’s stock valued at $236,000 after buying an additional 377 shares during the last quarter. Cresset Asset Management LLC raised its stake in shares of Lennar by 120.7% in the first quarter. Cresset Asset Management LLC now owns 4,554 shares of the construction company’s stock valued at $523,000 after purchasing an additional 2,491 shares in the last quarter. RWA Wealth Partners LLC lifted its position in Lennar by 35.3% in the first quarter. RWA Wealth Partners LLC now owns 2,097 shares of the construction company’s stock worth $241,000 after purchasing an additional 547 shares during the period. Credit Agricole S A boosted its stake in Lennar by 6.8% during the first quarter. Credit Agricole S A now owns 67,709 shares of the construction company’s stock worth $7,772,000 after buying an additional 4,307 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC increased its holdings in Lennar by 54.6% in the 1st quarter. Dorsey & Whitney Trust CO LLC now owns 5,129 shares of the construction company’s stock valued at $589,000 after buying an additional 1,811 shares during the period. 81.10% of the stock is currently owned by institutional investors.

Key Lennar News

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Technicals and estimate momentum: Zacks notes LEN is in oversold territory after recent selling and highlights broad analyst agreement in raising earnings estimates, which could set up a trend reversal if fundamentals stop deteriorating. Article Title
• Positive Sentiment: Longer-term rebound case: Zacks includes LEN among “beaten-down” names that could see a turnaround in 2026 if identifiable catalysts (policy, rates, affordability improvements) reaccelerate demand. Article Title
• Neutral Sentiment: Earnings-call details available: The full Q4 2025 earnings call transcript outlines management’s commentary and guidance assumptions; useful for assessing whether cost and volume plans are credible. Article Title
• Neutral Sentiment: Operational response: HousingWire reports Lennar is targeting margin stability through operational efficiency and steady volumes — a key item to watch for margin recovery. Article Title
• Negative Sentiment: Earnings miss and market reaction: LEN reported weaker-than-expected Q4 results and shares gapped down on the miss, prompting the initial selloff. Article Title
• Negative Sentiment: Price cuts and demand worries: Lennar cut home prices by ~10% and the CEO acknowledged an affordability crisis — a clear near-term drag on ASPs and margins. Article Title
• Negative Sentiment: Analyst downgrades and price-target cuts: Multiple firms trimmed ratings or targets (JPMorgan to $80 underweight; RBC and BofA to underperform with ~$95 PT; KBW cut PT to $115), increasing downside pressure from sell-side sentiment. Article Title Article Title
• Negative Sentiment: Profit fell and housing remains stagnant: The WSJ and other outlets highlight a drop in quarterly profit and a still-soft housing market — macro demand weakness could keep headwinds for LEN. Article Title

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.