What is Zacks Research’s Forecast for Lennar Q1 Earnings?

Lennar Co. (NYSE:LEN) – Analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for shares of Lennar in a note issued to investors on Wednesday, January 8th. Zacks Research analyst R. Department now expects that the construction company will post earnings of $1.80 per share for the quarter, down from their prior estimate of $2.84. The consensus estimate for Lennar’s current full-year earnings is $14.11 per share. Zacks Research also issued estimates for Lennar’s Q2 2025 earnings at $2.72 EPS, Q3 2025 earnings at $3.78 EPS, Q4 2025 earnings at $4.05 EPS, FY2025 earnings at $12.35 EPS, Q1 2026 earnings at $2.54 EPS and FY2026 earnings at $15.96 EPS.

Several other research analysts have also recently issued reports on the company. Wells Fargo & Company dropped their target price on Lennar from $180.00 to $165.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 17th. Barclays reduced their target price on shares of Lennar from $181.00 to $135.00 and set an “equal weight” rating for the company in a report on Friday, December 20th. BTIG Research downgraded shares of Lennar from a “buy” rating to a “neutral” rating in a research report on Friday, December 20th. The Goldman Sachs Group decreased their price objective on Lennar from $190.00 to $162.00 and set a “neutral” rating on the stock in a research note on Monday, December 23rd. Finally, Citigroup dropped their price target on shares of Lennar from $196.00 to $150.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $171.50.

Lennar Stock Performance

LEN stock opened at $129.58 on Monday. The company has a market cap of $35.15 billion, a P/E ratio of 8.58, a price-to-earnings-growth 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 stock’s fifty day moving average price is $156.42 and its 200-day moving average price is $167.80.

Lennar (NYSE:LEN) last released its quarterly earnings data 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 net margin of 11.51% and a return on equity of 15.47%. The company had revenue of $9.95 billion for the quarter, compared to analysts’ expectations of $10.06 billion. During the same period in the previous year, the firm earned $4.82 earnings per share. The firm’s revenue for the quarter was down 9.3% on a year-over-year basis.

Institutional Trading of Lennar

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. The Manufacturers Life Insurance Company raised its stake in shares of Lennar by 1.3% during the third quarter. The Manufacturers Life Insurance Company now owns 5,903,555 shares of the construction company’s stock valued at $1,106,798,000 after acquiring an additional 73,638 shares in the last quarter. Pacer Advisors Inc. lifted its position in shares of Lennar by 15.1% in the 2nd quarter. Pacer Advisors Inc. now owns 3,021,856 shares of the construction company’s stock worth $452,886,000 after purchasing an additional 396,951 shares during the period. Smead Capital Management Inc. boosted its stake in shares of Lennar by 3.5% during the third quarter. Smead Capital Management Inc. now owns 2,666,905 shares of the construction company’s stock valued at $499,991,000 after purchasing an additional 89,896 shares in the last quarter. D1 Capital Partners L.P. lifted its holdings in Lennar by 428.9% during the second quarter. D1 Capital Partners L.P. now owns 2,420,000 shares of the construction company’s stock worth $362,685,000 after buying an additional 1,962,447 shares during the period. Finally, Nordea Investment Management AB lifted its stake in shares of Lennar by 21.4% during the 4th quarter. Nordea Investment Management AB now owns 2,250,626 shares of the construction company’s stock worth $308,696,000 after purchasing an additional 397,492 shares during the last quarter. Hedge funds and other institutional investors own 81.10% of the company’s stock.

Insider Activity

In related news, Director Jeffrey Sonnenfeld sold 17,500 shares of the firm’s stock in a transaction that occurred on 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 approximately $4,148,654.57. This trade represents a 42.49 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 9.36% of the company’s stock.

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.