Lennar (NYSE:LEN) Earns “Market Perform” Rating from Citizens Jmp

Lennar (NYSE:LEN)‘s stock had its “market perform” rating restated by investment analysts at Citizens Jmp in a research report issued on Thursday, Benzinga reports.

Several other research firms have also recently commented on LEN. Bank of America cut their price target on Lennar from $77.00 to $70.00 and set an “underperform” rating for the company in a report on Monday. Royal Bank Of Canada lowered their price objective on Lennar from $88.00 to $85.00 and set an “underperform” rating on the stock in a research report on Monday, June 15th. Keefe, Bruyette & Woods cut their target price on Lennar from $86.00 to $85.00 and set an “underperform” rating for the company in a research note on Wednesday, June 17th. Zacks Research cut Lennar from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 16th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Lennar in a research note on Tuesday, September 8th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and ten have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $91.00.

Lennar Stock Performance

NYSE LEN opened at $78.67 on Thursday. The company’s fifty day moving average is $84.40 and its two-hundred day moving average is $88.79. Lennar has a 52-week low of $76.30 and a 52-week high of $134.07. The company has a debt-to-equity ratio of 0.19, a current ratio of 4.91 and a quick ratio of 0.91. The firm has a market capitalization of $18.95 billion, a price-to-earnings ratio of 12.25, a P/E/G ratio of 2.68 and a beta of 1.39.

Lennar (NYSE:LEN) last released its earnings results on Wednesday, September 16th. The construction company reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.06). Lennar had a net margin of 4.93% and a return on equity of 7.08%. The company had revenue of $8.05 billion during the quarter, compared to the consensus estimate of $8.32 billion. During the same quarter in the previous year, the business posted $2.29 EPS. The firm’s quarterly revenue was down 8.7% on a year-over-year basis. Equities research analysts forecast that Lennar will post 5.46 EPS for the current year.

Hedge Funds Weigh In On Lennar

Hedge funds have recently modified their holdings of the stock. Van Lanschot Kempen Investment Management N.V. increased its stake in shares of Lennar by 90.9% in the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,963,373 shares of the construction company’s stock valued at $201,835,000 after buying an additional 934,856 shares during the period. Janus Henderson Group PLC lifted its stake in shares of Lennar by 19.7% during the first quarter. Janus Henderson Group PLC now owns 2,546,970 shares of the construction company’s stock valued at $221,176,000 after acquiring an additional 419,745 shares during the period. Nan Shan Life Insurance Co. Ltd. boosted its holdings in Lennar by 6,292.5% in the second quarter. Nan Shan Life Insurance Co. Ltd. now owns 328,000 shares of the construction company’s stock valued at $29,681,000 after acquiring an additional 322,869 shares during the last quarter. Empowered Funds LLC boosted its holdings in Lennar by 322.4% in the first quarter. Empowered Funds LLC now owns 309,880 shares of the construction company’s stock valued at $26,910,000 after acquiring an additional 236,524 shares during the last quarter. Finally, MUFG Securities EMEA plc increased its position in Lennar by 2,522.7% in the fourth quarter. MUFG Securities EMEA plc now owns 114,245 shares of the construction company’s stock worth $11,744,000 after purchasing an additional 109,889 shares during the period. 81.10% of the stock is owned by institutional investors and hedge funds.

Lennar News Summary

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Lennar repurchased 3 million shares for $256 million and redeemed $400 million of senior notes. Homebuilding debt was 16.6% of total capital, while homebuilding cash stood at approximately $1.2 billion, supporting the balance sheet and providing some downside protection. Lennar Reports Third Quarter 2026 Results
• Positive Sentiment: The company continues expanding its community pipeline, including new developments in Alabama and California and the purchase of 444 lots near Taiwan Semiconductor’s planned Phoenix-area project. These moves could support longer-term volume growth, although they are not immediate earnings catalysts. Lennar Opens Two New Communities
• Neutral Sentiment: Third-quarter revenue was approximately $8.05 billion, with 20,840 homes delivered. Lennar’s fourth-quarter forecast calls for 19,500–20,500 new orders and 22,000–23,000 deliveries, offering investors a near-term benchmark for whether demand is stabilizing. Lennar Q3 Revenue and Deliveries
• Negative Sentiment: Lennar posted adjusted EPS of $1.23, below the $1.29 consensus estimate, while revenue also missed expectations at $8.05 billion versus $8.32 billion. GAAP EPS was $1.19, down sharply from $2.29 a year earlier, and revenue declined 8.7%. Lennar Posts Q3 Double Miss
• Negative Sentiment: New orders fell 9% and home-sales gross margin contracted to 15.8% from 17.5% as higher mortgage rates and affordability pressures reduced buyer demand and forced builders to use incentives. Lennar also cut full-year delivery guidance to 80,000–81,000 homes from 82,000–83,000, below analysts’ expectations. Lennar Profit Halves as Mortgage Rates Pressure Homebuyers

About Lennar

Lennar Corporation is one of the largest homebuilders in the United States. Founded in 1954 and headquartered in Miami, Florida, the company designs, constructs, and sells single-family homes and communities for a range of buyers, including first-time, move-up, and active-adult purchasers.

Lennar operates across many of the country’s major housing markets, including communities in the West, Southwest, Southeast, Mid-Atlantic, and other metropolitan areas. Its homebuilding operations offer a variety of floor plans and home designs, while the company also develops residential communities and provides related services such as mortgage financing, title, and closing services through its financial-services businesses.

In addition to traditional homebuilding, Lennar has expanded into multifamily development and other residential real-estate activities.