Research Analysts Set Expectations for Lennar Q1 Earnings

Lennar Corporation (NYSE:LEN) – Stock analysts at Wedbush dropped their Q1 2027 earnings estimates for Lennar in a note issued to investors on Monday, September 22nd. Wedbush analyst J. Mccanless now expects that the construction company will post earnings of $1.77 per share for the quarter, down from their prior forecast of $1.80. Wedbush has a “Neutral” rating and a $130.00 price objective on the stock. The consensus estimate for Lennar’s current full-year earnings is $12.48 per share. Wedbush also issued estimates for Lennar’s Q3 2027 earnings at $2.83 EPS and FY2027 earnings at $9.75 EPS.

Several other brokerages have also weighed in on LEN. Royal Bank Of Canada lifted their price objective on Lennar from $98.00 to $106.00 and gave the stock a “sector perform” rating in a report on Monday. Zelman & Associates lowered shares of Lennar from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 18th. The Goldman Sachs Group boosted their price target on shares of Lennar from $122.00 to $126.00 and gave the company a “neutral” rating in a research report on Tuesday. Citigroup reaffirmed an “outperform” rating on shares of Lennar in a report on Monday. Finally, Zacks Research raised shares of Lennar from a “strong sell” rating to a “hold” rating in a report on Monday, September 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $123.75.

Lennar Stock Performance

NYSE:LEN opened at $125.77 on Tuesday. The company has a market capitalization of $32.57 billion, a P/E ratio of 12.43, a P/E/G ratio of 5.52 and a beta of 1.33. The business has a fifty day simple moving average of $126.78 and a two-hundred day simple moving average of $116.01. The company has a debt-to-equity ratio of 0.15, a current ratio of 4.49 and a quick ratio of 0.68. Lennar has a 1 year low of $98.42 and a 1 year high of $189.65.

Lennar (NYSE:LEN) last issued its quarterly earnings results on Thursday, September 18th. The construction company reported $2.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.15. Lennar had a net margin of 7.72% and a return on equity of 11.09%. The company had revenue of $8.81 billion during the quarter, compared to analyst estimates of $9.01 billion. During the same quarter last year, the business posted $3.90 EPS. Lennar’s quarterly revenue was down 6.4% compared to the same quarter last year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new position in shares of Lennar during the 4th quarter valued at $30,000. Opal Wealth Advisors LLC bought a new stake in Lennar during the first quarter valued at $30,000. NBC Securities Inc. purchased a new position in Lennar during the first quarter worth about $33,000. FNY Investment Advisers LLC bought a new position in Lennar in the 2nd quarter worth about $33,000. Finally, Rexford Capital Inc. bought a new stake in shares of Lennar during the 2nd quarter valued at about $36,000. 81.10% of the stock is owned by institutional investors.

Lennar Company Profile

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.