Citigroup Cuts Lennar (NYSE:LEN) Price Target to $104.00

Lennar (NYSE:LEN) had its price objective cut by analysts at Citigroup from $113.00 to $104.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the construction company’s stock. Citigroup’s price objective points to a potential upside of 7.29% from the stock’s current price.

Several other equities analysts have also recently issued reports on the stock. Keefe, Bruyette & Woods decreased their price target on shares of Lennar from $125.00 to $115.00 and set a “market perform” rating for the company in a research report on Thursday, December 18th. Wells Fargo & Company reduced their price objective on shares of Lennar from $105.00 to $100.00 and set an “equal weight” rating on the stock in a research note on Monday. Zacks Research lowered Lennar from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 8th. Wall Street Zen lowered Lennar from a “hold” rating to a “sell” rating in a research report on Monday, December 8th. Finally, BTIG Research set a $90.00 price target on Lennar in a research note on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Hold rating and eight have assigned a Sell rating to the company. According to MarketBeat, Lennar presently has a consensus rating of “Reduce” and an average target price of $102.79.

Lennar Price Performance

LEN traded up $0.98 on Tuesday, reaching $96.93. The stock had a trading volume of 940,666 shares, compared to its average volume of 2,976,625. The firm has a 50-day moving average of $112.33 and a 200-day moving average of $119.27. Lennar has a fifty-two week low of $92.17 and a fifty-two week high of $144.24. The company has a market capitalization of $23.94 billion, a price-to-earnings ratio of 13.93, a price-to-earnings-growth ratio of 1.37 and a beta of 1.43. The company has a current ratio of 4.77, a quick ratio of 0.97 and a debt-to-equity ratio of 0.18.

Lennar (NYSE:LEN) last released its quarterly earnings results 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 return on equity of 7.80% and a net margin of 5.39%.The business’s revenue for the quarter was down 13.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.14 earnings per share. As a group, sell-side analysts anticipate that Lennar will post 12.48 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Guerra Advisors Inc bought a new stake in shares of Lennar in the 3rd quarter valued at about $25,000. Redmont Wealth Advisors LLC purchased a new position in Lennar in the 3rd quarter worth approximately $26,000. KERR FINANCIAL PLANNING Corp bought a new stake in Lennar in the third quarter valued at approximately $25,000. DV Equities LLC purchased a new stake in shares of Lennar during the fourth quarter valued at approximately $31,000. Finally, High Point Wealth Management LLC purchased a new stake in shares of Lennar during the fourth quarter valued at approximately $31,000. 81.10% of the stock is owned by institutional investors.

More Lennar News

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Two analysts still see modest upside after cuts — UBS trimmed its target to $107 but it implies roughly a double‑digit upside vs. the current price, keeping a neutral stance. UBS price target note
• Positive Sentiment: Wells Fargo lowered its target to $100 but maintained an equal‑weight rating, implying a small upside and signaling some confidence in near‑term stability. Wells Fargo note
• Neutral Sentiment: Discussion around CEO Stuart Miller’s “margin circuit breaker” strategy is generating debate — the story highlights management focus on defending margins, which could help earnings if executed, but market impact depends on concrete results. HousingWire: margin strategy
• Neutral Sentiment: Truist cut its target to $95 and moved to a hold rating (slight downside vs. current price), signaling cautious view but not a full sell‑off catalyst. Truist note
• Negative Sentiment: Barclays cut its price target to $85 and set an underweight rating, representing a notable downside and adding selling pressure from institutional desks. Barclays note
• Negative Sentiment: Local opposition in Texas Hill Country to Lennar’s developments could delay projects, increase costs or complicate permitting — a regional headwind for growth and land‑use execution. MSN: Hill Country opposition
• Negative Sentiment: Recent quarterly results showed an EPS miss and a year‑over‑year revenue decline, which remain fundamental negatives for valuation and analyst revisions until revenue and margins stabilize. Recent earnings summary

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.