FY2028 Earnings Forecast for Lennar Issued By Zacks Research

Lennar Corporation (NYSE:LEN) – Equities research analysts at Zacks Research issued their FY2028 EPS estimates for shares of Lennar in a note issued to investors on Tuesday, January 6th. Zacks Research analyst Team forecasts that the construction company will post earnings of $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.

Several other analysts also recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Lennar in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods dropped their target price on shares of Lennar from $125.00 to $115.00 and set a “market perform” rating for the company in a report on Thursday, December 18th. Bank of America reaffirmed an “underperform” rating and set a $95.00 price target (down from $125.00) on shares of Lennar in a report on Thursday, December 18th. BTIG Research set a $90.00 price objective on shares of Lennar in a research note on Thursday, December 18th. Finally, Raymond James Financial cut shares of Lennar from a “market perform” rating to an “underperform” rating in a research note on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat, Lennar currently has an average rating of “Reduce” and an average target price of $108.08.

Lennar Trading Down 2.3%

Shares of LEN stock opened at $103.93 on Thursday. Lennar has a fifty-two week low of $98.42 and a fifty-two week high of $144.24. The stock’s fifty day moving average price is $117.34 and its two-hundred day moving average price is $121.27. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.36 and a current ratio of 4.89. The company has a market cap of $26.50 billion, a PE ratio of 13.01, a P/E/G ratio of 1.15 and a beta of 1.42.

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

Hedge Funds Weigh In On Lennar

Hedge funds have recently modified their holdings of the business. Brighton Jones LLC lifted its holdings in Lennar by 27.9% during the 4th quarter. Brighton Jones LLC now owns 1,727 shares of the construction company’s stock worth $236,000 after buying an additional 377 shares during the period. UniSuper Management Pty Ltd raised its position in shares of Lennar by 13.6% during the first quarter. UniSuper Management Pty Ltd now owns 24,242 shares of the construction company’s stock worth $2,782,000 after acquiring an additional 2,902 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. lifted its stake in shares of Lennar by 3.4% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 3,708 shares of the construction company’s stock worth $426,000 after acquiring an additional 121 shares during the period. United Services Automobile Association acquired a new stake in Lennar during the 1st quarter valued at approximately $667,000. Finally, Ascent Group LLC raised its holdings in Lennar by 13.4% during the 1st quarter. Ascent Group LLC now owns 1,862 shares of the construction company’s stock worth $214,000 after purchasing an additional 220 shares during the last quarter. Institutional investors and hedge funds own 81.10% of the company’s stock.

Key Stories Impacting Lennar

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Lennar reached a strategic partnership with TPG to sell a majority interest in its multifamily platform Quarterra, which brings in cash, transfers near-term multifamily losses and lets Lennar retain a minority stake — a potential near-term balance-sheet and earnings benefit. Read More.
• Positive Sentiment: Reports indicate TPG committed an additional ~$1B and the transaction is being described as a $1B-scale deal, providing material capital to support Lennar’s multifamily repositioning and reduce ongoing losses. Read More.
• Neutral Sentiment: Sector commentary notes homebuilders have momentum early in the year and may offer incentives to sustain demand — a macro tailwind that could help Lennar if conditions stabilize. Read More.
• Neutral Sentiment: Small, localized land/property purchases by Lennar affiliates (e.g., Miami‑Dade acquisition) show continued land deployment but are not material to the company-wide outlook. Read More.
• Negative Sentiment: Lennar reported an underwhelming Q4: EPS of $2.03 missed consensus (~$2.30) and revenue fell year-over-year, raising near-term earnings concerns and pressuring the stock. Read More.
• Negative Sentiment: Multiple analyst actions followed the results: UBS downgraded Lennar from Buy to Neutral/Market Perform, and Wells Fargo cut its price target to $105 (Equal Weight), signaling reduced near-term upside from the sell-side. Read More. Read More.
• Negative Sentiment: Analyst commentary and independent write-ups highlight weak demand, margin pressure and management turnover — factors that could depress sentiment until revenue and margin trends stabilize. Read More.

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.