Lennar’s (LEN) “Hold” Rating Reiterated at Citizens Jmp

Citizens Jmp restated their hold rating on shares of Lennar (NYSE:LEN) in a research note released on Thursday, MarketBeat Ratings reports.

Other equities analysts have also issued reports about the company. Benchmark raised Lennar to a “hold” rating in a research report on Thursday, September 3rd. Royal Bank Of Canada dropped their price objective on shares of Lennar from $88.00 to $85.00 and set an “underperform” rating on the stock in a research note on Monday, June 15th. UBS Group reduced their target price on shares of Lennar from $107.00 to $94.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 16th. Bank of America decreased their target price on shares of Lennar from $77.00 to $70.00 and set an “underperform” rating for the company in a research note on Monday, September 14th. Finally, Zacks Research downgraded shares of Lennar from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 16th. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and ten have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $89.07.

Lennar Trading Down 4.1%

NYSE:LEN opened at $76.43 on Thursday. The business’s 50-day moving average is $84.15 and its two-hundred day moving average is $88.46. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.94 and a quick ratio of 0.91. Lennar has a 12 month low of $75.70 and a 12 month high of $133.76. The firm has a market capitalization of $18.41 billion, a PE ratio of 14.45, a price-to-earnings-growth ratio of 2.56 and a beta of 1.39.

Lennar (NYSE:LEN) last issued its earnings results on Wednesday, September 16th. The construction company reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.06). Lennar had a return on equity of 6.15% and a net margin of 4.09%.The company had revenue of $8.05 billion during the quarter, compared to analysts’ expectations of $8.32 billion. During the same period in the previous year, the company earned $2.29 EPS. Lennar’s quarterly revenue was down 8.7% on a year-over-year basis. Research analysts predict that Lennar will post 5.46 earnings per share for the current fiscal year.

Lennar Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Friday, July 10th. Lennar’s payout ratio is currently 37.81%.

Institutional Trading of Lennar

A number of institutional investors and hedge funds have recently modified their holdings of LEN. Phillip James Consulting Co. acquired a new position in shares of Lennar in the 1st quarter valued at about $30,000. Global Assets Advisory LLC acquired a new stake in Lennar during the first quarter worth about $39,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Lennar in the fourth quarter worth about $47,000. Anchor Investment Management LLC boosted its stake in Lennar by 1,276.4% in the second quarter. Anchor Investment Management LLC now owns 757 shares of the construction company’s stock valued at $69,000 after acquiring an additional 702 shares during the period. Finally, Elevation Wealth Partners LLC grew its holdings in shares of Lennar by 1,272.4% during the second quarter. Elevation Wealth Partners LLC now owns 796 shares of the construction company’s stock valued at $72,000 after purchasing an additional 738 shares during the last quarter. 81.10% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Lennar

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Despite the housing-market slowdown, Lennar’s balance sheet remains relatively solid, while share repurchases and a dividend yield of approximately 2.55% may provide support for the stock. Lennar’s Q3 Miss Hides a Stronger Operating Story Beneath the Housing Slump
• Positive Sentiment: Some institutional investors increased their Lennar holdings during the second quarter, including Berkshire Hathaway, JPMorgan and Goldman Sachs. These moves may offer a longer-term vote of confidence, although they predate the latest earnings report.
• Neutral Sentiment: Analyst price targets remain mixed. The reported median target is $85.50, but recent targets range from $77 to $94, reflecting uncertainty about the housing recovery and Lennar’s earnings outlook.
• Negative Sentiment: Third-quarter diluted EPS fell to $1.19, or $1.23 excluding certain items, from $2.29 a year earlier. Net income declined approximately 52% to $284 million, while revenue fell roughly 9% year over year to about $8.0 billion. Both adjusted earnings and revenue missed consensus expectations. Lennar profit halves as higher mortgage rates pressure homebuyers
• Negative Sentiment: New orders dropped 9% to 20,879 homes and deliveries declined 3% to 20,840. Lennar lowered its full-year 2026 delivery target to approximately 80,000–81,000 homes from the previously discussed 82,000–83,000 range.
• Negative Sentiment: Management cited mortgage rates near 6.8%, worsening affordability and weaker consumer confidence. Fourth-quarter EPS guidance of $1.30–$1.65 was well below the roughly $1.99 consensus estimate, increasing concerns about near-term margins and demand. Lennar Slides as Q3 Miss and Lower Delivery Outlook Weigh on Shares
• Negative Sentiment: Royal Bank of Canada cut its Lennar price target from $85 to $69 and assigned an “underperform” rating, signaling that analysts see additional downside risk.

Lennar Company Profile

Lennar Corporation is one of the largest homebuilders in the United States. Founded in 1954 and headquartered in Miami, Florida, the company designs, constructs, and sells single-family homes and communities for a range of buyers, including first-time, move-up, and active-adult purchasers.

Lennar operates across many of the country’s major housing markets, including communities in the West, Southwest, Southeast, Mid-Atlantic, and other metropolitan areas. Its homebuilding operations offer a variety of floor plans and home designs, while the company also develops residential communities and provides related services such as mortgage financing, title, and closing services through its financial-services businesses.

In addition to traditional homebuilding, Lennar has expanded into multifamily development and other residential real-estate activities.