Research Analysts Set Expectations for Lennar Q2 Earnings

Lennar Co. (NYSE:LEN) – Seaport Res Ptn decreased their Q2 2025 earnings estimates for shares of Lennar in a research note issued to investors on Monday, March 24th. Seaport Res Ptn analyst K. Zener now forecasts that the construction company will post earnings of $2.00 per share for the quarter, down from their prior forecast of $2.56. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for Lennar’s current full-year earnings is $12.48 per share. Seaport Res Ptn also issued estimates for Lennar’s Q3 2025 earnings at $3.16 EPS, Q4 2025 earnings at $3.07 EPS, FY2025 earnings at $10.39 EPS and FY2026 earnings at $10.60 EPS.

Lennar (NYSE:LEN) last posted its quarterly earnings data on Thursday, March 20th. The construction company reported $2.14 EPS for the quarter, topping the consensus estimate of $1.70 by $0.44. Lennar had a net margin of 11.10% and a return on equity of 13.93%. The company had revenue of $7.63 billion during the quarter, compared to analyst estimates of $7.44 billion. During the same period in the previous year, the firm earned $2.57 earnings per share. Lennar’s quarterly revenue was up 4.4% compared to the same quarter last year.

Other equities research analysts also recently issued reports about the company. Citigroup reduced their price target on Lennar from $196.00 to $150.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. Bank of America decreased their target price on Lennar from $140.00 to $130.00 and set a “neutral” rating for the company in a research report on Tuesday, March 18th. Wedbush restated a “neutral” rating and issued a $158.00 price target on shares of Lennar in a report on Monday, March 17th. UBS Group lowered their price objective on shares of Lennar from $183.00 to $164.00 and set a “buy” rating for the company in a research report on Monday, March 24th. Finally, Barclays reduced their target price on shares of Lennar from $121.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Monday, March 24th. Fifteen research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $151.07.

Lennar Stock Performance

Lennar stock opened at $113.83 on Thursday. Lennar has a 1-year low of $111.26 and a 1-year high of $187.61. The company’s 50-day moving average is $124.05 and its 200 day moving average is $151.33. The firm has a market capitalization of $30.22 billion, a P/E ratio of 7.94, a price-to-earnings-growth ratio of 1.24 and a beta of 1.69. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.71 and a quick ratio of 1.06.

Hedge Funds Weigh In On Lennar

Large investors have recently made changes to their positions in the business. Verition Fund Management LLC increased its position in Lennar by 147.6% during the 3rd quarter. Verition Fund Management LLC now owns 69,226 shares of the construction company’s stock valued at $12,978,000 after buying an additional 41,264 shares in the last quarter. Polianta Ltd purchased a new position in shares of Lennar in the 4th quarter valued at approximately $900,000. Nordea Investment Management AB boosted its stake in Lennar by 21.4% in 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 in the last quarter. Daiwa Securities Group Inc. grew its position in Lennar by 13.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 30,278 shares of the construction company’s stock worth $5,677,000 after purchasing an additional 3,674 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC increased its stake in Lennar by 71.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 14,327 shares of the construction company’s stock valued at $2,686,000 after purchasing an additional 5,981 shares in the last quarter. 81.10% of the stock is owned by institutional investors and hedge funds.

Lennar Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th were paid a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $2.00 annualized dividend and a yield of 1.76%. Lennar’s dividend payout ratio (DPR) is 14.57%.

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.