Wedbush Has Negative Outlook for Lennar Q2 Earnings

Lennar Co. (NYSE:LEN) – Investment analysts at Wedbush dropped their Q2 2025 earnings per share (EPS) estimates for shares of Lennar in a report issued on Monday, March 24th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings of $2.00 per share for the quarter, down from their prior forecast of $2.47. Wedbush currently has a “Neutral” rating and a $158.00 target price 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.

Several other research analysts also recently weighed in on the stock. Royal Bank of Canada lowered their price objective on shares of Lennar from $125.00 to $122.00 and set a “sector perform” rating on the stock in a report on Monday, March 24th. Barclays lowered their price objective on Lennar from $121.00 to $110.00 and set an “equal weight” rating for the company in a research note on Monday, March 24th. BTIG Research cut Lennar from a “buy” rating to a “neutral” rating in a research report on Friday, December 20th. Citigroup decreased their price objective on shares of Lennar from $196.00 to $150.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Finally, Wolfe Research lowered Lennar from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 8th. 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’s stock. Based on data from MarketBeat, Lennar currently has a consensus rating of “Hold” and an average price target of $151.07.

Lennar Trading Down 3.5 %

NYSE LEN opened at $113.83 on Thursday. Lennar has a 52 week low of $111.26 and a 52 week high of $187.61. The business has a 50 day moving average price of $124.05 and a 200-day moving average price of $151.33. The company has a quick ratio of 1.06, a current ratio of 4.71 and a debt-to-equity ratio of 0.08. The company has a market cap of $30.22 billion, a price-to-earnings ratio of 7.94, a P/E/G ratio of 1.24 and a beta of 1.69.

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

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. This represents a $2.00 annualized dividend and a yield of 1.76%. The ex-dividend date was Wednesday, January 29th. Lennar’s dividend payout ratio is presently 14.57%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Crews Bank & Trust bought a new position in shares of Lennar in the 4th quarter worth $25,000. Armstrong Advisory Group Inc. raised its position in Lennar by 69.4% during the fourth quarter. Armstrong Advisory Group Inc. now owns 183 shares of the construction company’s stock valued at $25,000 after purchasing an additional 75 shares in the last quarter. Hurley Capital LLC purchased a new position in shares of Lennar in the 4th quarter worth about $26,000. SBI Securities Co. Ltd. purchased a new position in shares of Lennar during the 4th quarter valued at about $28,000. Finally, Legacy Investment Solutions LLC bought a new stake in Lennar in the 3rd quarter worth approximately $39,000. 81.10% of the stock is currently owned by hedge funds and other institutional investors.

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.