Zacks Research Has Bearish Forecast for Lennar Q1 Earnings

Lennar Corporation (NYSE:LEN) – Stock analysts at Zacks Research lowered their Q1 2026 earnings estimates for shares of Lennar in a report issued on Tuesday, January 6th. Zacks Research analyst Team now anticipates that the construction company will post earnings per share of $1.04 for the quarter, down from their prior forecast of $1.62. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Lennar’s current full-year earnings is $12.48 per share. Zacks Research also issued estimates for Lennar’s Q2 2026 earnings at $1.30 EPS, Q3 2026 earnings at $1.78 EPS, Q4 2026 earnings at $2.03 EPS, FY2026 earnings at $6.14 EPS, Q1 2027 earnings at $0.85 EPS, Q2 2027 earnings at $1.88 EPS, Q3 2027 earnings at $2.68 EPS, Q4 2027 earnings at $3.00 EPS and FY2027 earnings at $8.42 EPS.

Other equities analysts also recently issued research reports about the company. Keefe, Bruyette & Woods cut their price objective on Lennar from $125.00 to $115.00 and set a “market perform” rating for the company in a research report on Thursday, December 18th. JMP Securities lifted their price target on Lennar from $130.00 to $140.00 and gave the company a “market outperform” rating in a report on Monday, September 22nd. Citizens Jmp reissued a “market perform” rating on shares of Lennar in a report on Wednesday. Barclays dropped their target price on shares of Lennar from $98.00 to $88.00 and set an “underweight” rating for the company in a research note on Thursday, December 18th. Finally, UBS Group lowered shares of Lennar from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $137.00 to $122.00 in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have assigned a Hold rating and seven have given a Sell rating to the company’s stock. Based on data from MarketBeat, Lennar currently has an average rating of “Reduce” and an average price target of $106.54.

Lennar Stock Up 5.4%

Shares of LEN opened at $109.49 on Friday. The company has a market capitalization of $27.92 billion, a P/E ratio of 13.70, a PEG ratio of 1.13 and a beta of 1.42. Lennar has a one year low of $98.42 and a one year high of $144.24. The business’s 50 day simple moving average is $117.05 and its 200-day simple moving average is $121.19. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.89 and a quick ratio of 1.36.

Lennar (NYSE:LEN) last issued its quarterly earnings data on Tuesday, December 16th. The construction company reported $2.03 earnings per share for the quarter, missing the consensus estimate of $2.30 by ($0.27). The firm had revenue of $9.37 billion for the quarter, compared to the consensus estimate of $9.17 billion. Lennar had a return on equity of 9.27% and a net margin of 6.08%.Lennar’s quarterly revenue was down 5.8% compared to the same quarter last year. During the same period in the prior year, the company posted $4.03 earnings per share.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of Lennar by 14.6% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,732,654 shares of the construction company’s stock worth $596,504,000 after buying an additional 603,004 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in Lennar during the 2nd quarter worth $424,950,000. Viking Global Investors LP raised its position in shares of Lennar by 86.7% during the 2nd quarter. Viking Global Investors LP now owns 2,523,594 shares of the construction company’s stock valued at $279,135,000 after acquiring an additional 1,172,068 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Lennar by 7.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,154,892 shares of the construction company’s stock valued at $145,563,000 after purchasing an additional 75,574 shares during the period. Finally, Swiss National Bank boosted its position in shares of Lennar by 4.3% in the 2nd quarter. Swiss National Bank now owns 702,872 shares of the construction company’s stock worth $77,745,000 after purchasing an additional 29,300 shares during the last quarter. Institutional investors own 81.10% of the company’s stock.

Lennar News Summary

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Lennar sold majority control of its struggling multifamily business to TPG, which should reduce ongoing losses and capital needs for Lennar while bringing in an institutional partner and cash. This strategic move is the main positive catalyst supporting the stock today. Lennar sells majority control of multifamily division to TPG
• Neutral Sentiment: Local planning friction: a proposed additional development near Helotes Creek is drawing community scrutiny — contains localized project risk but limited broader corporate impact. Proposal near Helotes Creek draws scrutiny
• Neutral Sentiment: Industry note — Barron’s highlights that homebuilders have momentum but may need to offer buyer incentives to sustain it; this is a market-level tailwind/conditional factor rather than company-specific news. Home Builder Stocks Are Off to a Good Start
• Negative Sentiment: Analyst downgrades and price-target cuts have picked up: Citigroup cut its target from $133 to $113 and put a neutral rating on LEN, Wells Fargo trimmed its target to $105, and UBS issued a downgrade — these moves tighten near-term upside and reflect disappointment after Lennar’s underwhelming quarter. Citigroup cuts LEN target Wells Fargo lowers target to $105 UBS downgrades LEN
• Negative Sentiment: Zacks issued a lower FY2028 EPS estimate (about $10.17 vs. the consensus near $12.48) and Citizens/JMP has moved Lennar to/kept it at market-perform after a weak Q4 — these lower estimates and conservative ratings increase downside risk until guidance or results improve. Zacks FY2028 estimate Citizens/JMP market perform

About Lennar

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.