Wedbush Issues Pessimistic Estimate for Lennar Earnings

Lennar Co. (NYSE:LEN) – Wedbush dropped their Q2 2025 earnings per share (EPS) estimates for Lennar in a research report issued to clients and investors on Monday, March 24th. Wedbush analyst J. Mccanless now expects that the construction company will earn $2.00 per share for the quarter, down from their previous forecast of $2.47. Wedbush has a “Neutral” rating and a $158.00 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 Q3 2025 earnings at $2.47 EPS, Q4 2025 earnings at $3.22 EPS, FY2025 earnings at $9.65 EPS, Q1 2026 earnings at $1.85 EPS, Q2 2026 earnings at $2.19 EPS, Q3 2026 earnings at $2.70 EPS, Q4 2026 earnings at $3.69 EPS and FY2026 earnings at $10.42 EPS.

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

A number of other research analysts have also recently issued reports on LEN. Keefe, Bruyette & Woods lowered their price objective on Lennar from $141.00 to $128.00 and set a “market perform” rating for the company in a research note on Tuesday. Royal Bank of Canada dropped their price target on shares of Lennar from $125.00 to $122.00 and set a “sector perform” rating on the stock in a research note on Monday. Wells Fargo & Company reduced their price objective on shares of Lennar from $130.00 to $125.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 18th. UBS Group cut their price target on shares of Lennar from $183.00 to $164.00 and set a “buy” rating on the stock in a report on Monday. Finally, Seaport Res Ptn upgraded shares of Lennar from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 6th. Fifteen analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $151.07.

Lennar Price Performance

LEN stock opened at $118.09 on Thursday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.06 and a current ratio of 4.71. The firm has a market capitalization of $31.35 billion, a price-to-earnings ratio of 8.23, a PEG ratio of 1.24 and a beta of 1.69. The firm has a 50 day moving average price of $124.60 and a 200-day moving average price of $151.79. Lennar has a 52-week low of $111.26 and a 52-week high of $187.61.

Institutional Investors Weigh In On Lennar

A number of hedge funds have recently modified their holdings of LEN. Wealth Enhancement Advisory Services LLC grew its holdings in Lennar by 0.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 204,431 shares of the construction company’s stock valued at $27,878,000 after purchasing an additional 1,515 shares during the period. Centaurus Financial Inc. lifted its position in shares of Lennar by 7.2% during the 4th quarter. Centaurus Financial Inc. now owns 3,149 shares of the construction company’s stock valued at $429,000 after buying an additional 212 shares in the last quarter. Cim LLC grew its stake in shares of Lennar by 0.7% during the 4th quarter. Cim LLC now owns 29,702 shares of the construction company’s stock valued at $4,050,000 after acquiring an additional 212 shares during the period. Park Square Financial Group LLC purchased a new stake in Lennar in the 4th quarter worth approximately $47,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Lennar during the 4th quarter worth approximately $17,586,000. Institutional investors own 81.10% of the company’s stock.

Lennar Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th were given a $0.50 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $2.00 annualized dividend and a yield of 1.69%. Lennar’s payout ratio is presently 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.