Analysts Issue Forecasts for Lennar’s Q3 Earnings (NYSE:LEN)

Lennar Co. (NYSE:LEN) – Investment analysts at Wedbush lifted their Q3 2025 earnings per share (EPS) estimates for shares of Lennar in a note issued to investors on Thursday, December 19th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings of $4.17 per share for the quarter, up from their previous forecast of $4.09. Wedbush has a “Neutral” rating and a $164.00 price target on the stock. The consensus estimate for Lennar’s current full-year earnings is $14.11 per share. Wedbush also issued estimates for Lennar’s Q4 2025 earnings at $5.01 EPS, Q3 2026 earnings at $4.56 EPS and Q4 2026 earnings at $5.59 EPS.

LEN has been the topic of a number of other research reports. Keefe, Bruyette & Woods dropped their price objective on Lennar from $210.00 to $170.00 and set an “outperform” rating on the stock in a report on Friday. Royal Bank of Canada cut their price objective on shares of Lennar from $160.00 to $130.00 and set an “underperform” rating on the stock in a report on Friday. Citigroup increased their target price on shares of Lennar from $164.00 to $196.00 and gave the company a “neutral” rating in a research report on Monday, September 23rd. StockNews.com downgraded shares of Lennar from a “buy” rating to a “hold” rating in a research note on Saturday, September 28th. Finally, Wells Fargo & Company reduced their target price on Lennar from $180.00 to $165.00 and set an “equal weight” rating for the company in a report on Tuesday, December 17th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $175.94.

Lennar Stock Performance

Shares of LEN stock opened at $138.08 on Monday. Lennar has a 12 month low of $135.21 and a 12 month high of $193.80. The company has a current ratio of 4.90, a quick ratio of 0.98 and a debt-to-equity ratio of 0.08. The company has a market cap of $37.45 billion, a P/E ratio of 9.14, a PEG ratio of 1.31 and a beta of 1.61. The firm has a fifty day moving average price of $168.98 and a 200 day moving average price of $169.51.

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

Lennar Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Wednesday, October 9th were paid a dividend of $0.50 per share. The ex-dividend date was Wednesday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.45%. Lennar’s dividend payout ratio (DPR) is 13.95%.

Insider Buying and Selling

In other news, Director Jeffrey Sonnenfeld sold 17,500 shares of the stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $175.13, for a total value of $3,064,775.00. Following the completion of the transaction, the director now owns 23,689 shares in the company, valued at $4,148,654.57. This trade represents a 42.49 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 9.36% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Moors & Cabot Inc. grew its holdings in shares of Lennar by 2.2% in the 3rd quarter. Moors & Cabot Inc. now owns 3,075 shares of the construction company’s stock worth $577,000 after acquiring an additional 66 shares during the period. Centaurus Financial Inc. grew its holdings in Lennar by 2.5% in the third quarter. Centaurus Financial Inc. now owns 2,937 shares of the construction company’s stock valued at $551,000 after purchasing an additional 71 shares during the last quarter. Commerce Bank increased its position in shares of Lennar by 0.5% in the third quarter. Commerce Bank now owns 15,074 shares of the construction company’s stock valued at $2,826,000 after buying an additional 74 shares in the last quarter. Jupiter Wealth Management LLC raised its stake in shares of Lennar by 1.0% during the 3rd quarter. Jupiter Wealth Management LLC now owns 7,667 shares of the construction company’s stock worth $1,437,000 after buying an additional 75 shares during the last quarter. Finally, Catalyst Financial Partners LLC boosted its position in shares of Lennar by 5.4% in the 3rd quarter. Catalyst Financial Partners LLC now owns 1,510 shares of the construction company’s stock worth $283,000 after buying an additional 77 shares in the last quarter. 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.