What is Zacks Research’s Estimate for Lennar Q2 Earnings?

Lennar Co. (NYSE:LEN) – Stock analysts at Zacks Research upped their Q2 2026 earnings per share (EPS) estimates for Lennar in a note issued to investors on Wednesday, January 8th. Zacks Research analyst R. Department now forecasts that the construction company will post earnings per share of $3.85 for the quarter, up from their previous forecast of $3.75. The consensus estimate for Lennar’s current full-year earnings is $14.11 per share. Zacks Research also issued estimates for Lennar’s Q3 2026 earnings at $4.68 EPS, Q4 2026 earnings at $4.90 EPS and FY2027 earnings at $16.12 EPS.

A number of other brokerages have also commented on LEN. Citigroup lowered their price target on Lennar from $196.00 to $150.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. Bank Of America (Bofa) raised their price target on Lennar from $171.00 to $190.00 and gave the company a “neutral” rating in a report on Friday, September 20th. JPMorgan Chase & Co. lowered their price target on Lennar from $192.00 to $173.00 and set a “neutral” rating on the stock in a report on Friday, December 13th. Keefe, Bruyette & Woods lowered their price target on Lennar from $210.00 to $170.00 and set an “outperform” rating on the stock in a report on Friday, December 20th. Finally, StockNews.com lowered Lennar from a “buy” rating to a “hold” rating in a report on Saturday, September 28th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $171.50.

Lennar Price Performance

Shares of NYSE LEN opened at $129.58 on Friday. The firm has a market capitalization of $35.15 billion, a PE ratio of 8.58, a P/E/G ratio of 1.28 and a beta of 1.66. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.90 and a quick ratio of 0.98. Lennar has a 1-year low of $129.36 and a 1-year high of $193.80. The business’s fifty day moving average price is $156.42 and its two-hundred day moving average price is $167.67.

Lennar (NYSE:LEN) last issued its earnings results on Wednesday, December 18th. The construction company reported $4.03 earnings per share for the quarter, missing the consensus estimate of $4.15 by ($0.12). Lennar had a return on equity of 15.47% and a net margin of 11.51%. The company had revenue of $9.95 billion during the quarter, compared to analyst estimates of $10.06 billion. During the same period in the prior year, the business earned $4.82 earnings per share. Lennar’s quarterly revenue was down 9.3% on a year-over-year basis.

Insiders Place Their Bets

In other news, Director Jeffrey Sonnenfeld sold 17,500 shares of the firm’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $175.13, for a total transaction of $3,064,775.00. Following the completion of the sale, the director now directly owns 23,689 shares of the company’s stock, valued at $4,148,654.57. This trade represents a 42.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 9.36% of the company’s stock.

Institutional Investors Weigh In On Lennar

A number of hedge funds and other institutional investors have recently made changes to their positions in LEN. ORG Wealth Partners LLC bought a new position in shares of Lennar in the 4th quarter valued at approximately $32,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of Lennar by 0.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 203,639 shares of the construction company’s stock valued at $27,770,000 after acquiring an additional 723 shares in the last quarter. One Wealth Capital Management LLC bought a new position in shares of Lennar in the 4th quarter valued at approximately $246,000. Nordea Investment Management AB raised its stake in shares of Lennar by 21.4% in the 4th quarter. Nordea Investment Management AB now owns 2,250,626 shares of the construction company’s stock valued at $308,696,000 after acquiring an additional 397,492 shares in the last quarter. Finally, Oddo BHF Asset Management Sas bought a new position in shares of Lennar in the 3rd quarter valued at approximately $2,543,000. 81.10% of the stock is owned by hedge funds and other institutional investors.

About Lennar

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company’s homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.