Lennar (NYSE:LEN) Price Target Cut to $104.00 by Analysts at Citigroup

Lennar (NYSE:LEN) had its target price reduced by Citigroup from $113.00 to $104.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the construction company’s stock. Citigroup’s target price points to a potential upside of 7.29% from the stock’s current price.

A number of other research analysts also recently commented on LEN. UBS Group lowered their target price on Lennar from $122.00 to $107.00 and set a “neutral” rating on the stock in a research note on Monday. Barclays reduced their price target on Lennar from $88.00 to $85.00 and set an “underweight” rating for the company in a report on Monday. Wall Street Zen downgraded Lennar from a “hold” rating to a “sell” rating in a report on Monday, December 8th. JPMorgan Chase & Co. cut their price objective on shares of Lennar from $115.00 to $80.00 and set an “underweight” rating on the stock in a research report on Thursday, December 18th. Finally, Wells Fargo & Company decreased their target price on shares of Lennar from $105.00 to $100.00 and set an “equal weight” rating for the company in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Hold rating and eight have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $102.79.

Lennar Stock Up 1.0%

LEN stock traded up $0.98 during midday trading on Tuesday, reaching $96.93. The company had a trading volume of 940,666 shares, compared to its average volume of 2,976,625. The company has a 50 day moving average of $112.33 and a two-hundred day moving average of $119.27. The company has a market capitalization of $23.94 billion, a P/E ratio of 13.93, a PEG ratio of 1.37 and a beta of 1.43. Lennar has a 1 year low of $92.17 and a 1 year high of $144.24. The company has a current ratio of 4.77, a quick ratio of 0.97 and a debt-to-equity ratio of 0.18.

Lennar (NYSE:LEN) last posted its quarterly earnings results on Thursday, March 12th. The construction company reported $0.88 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.07). Lennar had a net margin of 5.39% and a return on equity of 7.80%. The company had revenue of $6.62 billion for the quarter, compared to analysts’ expectations of $6.90 billion. During the same quarter in the prior year, the firm earned $2.14 earnings per share. The company’s revenue was down 13.3% on a year-over-year basis. On average, equities research analysts expect that Lennar will post 12.48 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC raised its position in shares of Lennar by 27.9% in the 4th quarter. Brighton Jones LLC now owns 1,727 shares of the construction company’s stock valued at $236,000 after buying an additional 377 shares in the last quarter. Intech Investment Management LLC increased its stake in shares of Lennar by 29.8% in the 1st quarter. Intech Investment Management LLC now owns 13,840 shares of the construction company’s stock valued at $1,589,000 after purchasing an additional 3,177 shares during the last quarter. SBI Securities Co. Ltd. lifted its position in shares of Lennar by 190.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 573 shares of the construction company’s stock worth $63,000 after buying an additional 376 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Lennar by 6.6% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 56,944 shares of the construction company’s stock valued at $6,299,000 after buying an additional 3,543 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in Lennar by 20.1% during the second quarter. Cetera Investment Advisers now owns 59,497 shares of the construction company’s stock worth $6,581,000 after acquiring an additional 9,953 shares in the last quarter. Institutional investors and hedge funds own 81.10% of the company’s stock.

More Lennar News

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Two analysts still see modest upside after cuts — UBS trimmed its target to $107 but it implies roughly a double‑digit upside vs. the current price, keeping a neutral stance. UBS price target note
• Positive Sentiment: Wells Fargo lowered its target to $100 but maintained an equal‑weight rating, implying a small upside and signaling some confidence in near‑term stability. Wells Fargo note
• Neutral Sentiment: Discussion around CEO Stuart Miller’s “margin circuit breaker” strategy is generating debate — the story highlights management focus on defending margins, which could help earnings if executed, but market impact depends on concrete results. HousingWire: margin strategy
• Neutral Sentiment: Truist cut its target to $95 and moved to a hold rating (slight downside vs. current price), signaling cautious view but not a full sell‑off catalyst. Truist note
• Negative Sentiment: Barclays cut its price target to $85 and set an underweight rating, representing a notable downside and adding selling pressure from institutional desks. Barclays note
• Negative Sentiment: Local opposition in Texas Hill Country to Lennar’s developments could delay projects, increase costs or complicate permitting — a regional headwind for growth and land‑use execution. MSN: Hill Country opposition
• Negative Sentiment: Recent quarterly results showed an EPS miss and a year‑over‑year revenue decline, which remain fundamental negatives for valuation and analyst revisions until revenue and margins stabilize. Recent earnings summary

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.