Wedbush Issues Pessimistic Outlook for Lennar Earnings

Lennar Corporation (NYSE:LEN) – Research analysts at Wedbush cut their Q4 2025 EPS estimates for shares of Lennar in a research report issued to clients and investors on Monday, September 22nd. Wedbush analyst J. Mccanless now forecasts that the construction company will post earnings per share of $2.20 for the quarter, down from their prior forecast of $2.64. Wedbush has a “Neutral” rating and a $130.00 price target 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 Q1 2026 earnings at $1.49 EPS, Q2 2026 earnings at $1.73 EPS, Q3 2026 earnings at $2.47 EPS, Q4 2026 earnings at $2.80 EPS, FY2026 earnings at $8.47 EPS and Q2 2027 earnings at $2.03 EPS.

Several other brokerages have also recently commented on LEN. Royal Bank Of Canada lifted their price objective on shares of Lennar from $98.00 to $106.00 and gave the company a “sector perform” rating in a research note on Monday. Wells Fargo & Company lifted their price objective on shares of Lennar from $110.00 to $135.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 2nd. JPMorgan Chase & Co. decreased their price objective on shares of Lennar from $97.00 to $92.00 and set a “neutral” rating for the company in a research note on Monday. Raymond James Financial cut shares of Lennar from a “market perform” rating to an “underperform” rating in a research note on Monday. Finally, The Goldman Sachs Group lifted their price objective on shares of Lennar from $122.00 to $126.00 and gave the company a “neutral” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $123.75.

Lennar Stock Down 1.3%

LEN stock opened at $124.00 on Wednesday. The firm has a 50 day moving average of $127.07 and a 200 day moving average of $116.00. The stock has a market capitalization of $32.12 billion, a PE ratio of 12.25, a price-to-earnings-growth ratio of 5.62 and a beta of 1.33. The company has a quick ratio of 0.68, a current ratio of 4.49 and a debt-to-equity ratio of 0.15. Lennar has a 52 week low of $98.42 and a 52 week high of $189.65.

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

Hedge Funds Weigh In On Lennar

Several large investors have recently made changes to their positions in LEN. Ameriflex Group Inc. purchased a new stake in Lennar in the 4th quarter worth $30,000. Opal Wealth Advisors LLC purchased a new stake in Lennar in the 1st quarter worth $30,000. NBC Securities Inc. purchased a new stake in Lennar in the 1st quarter worth $33,000. FNY Investment Advisers LLC purchased a new stake in Lennar in the 2nd quarter worth $33,000. Finally, Rexford Capital Inc. purchased a new stake in Lennar in the 2nd quarter worth $36,000. 81.10% of the stock is currently owned by institutional investors and hedge funds.

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.