What is Zacks Research’s Forecast for Lennar Q1 Earnings?

Lennar Corporation (NYSE:LEN) – Equities research analysts at Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for Lennar in a research note issued on Thursday, October 9th. Zacks Research analyst Team now forecasts that the construction company will post earnings of $1.58 per share for the quarter, down from their previous estimate of $1.70. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Lennar’s current full-year earnings is $12.48 per share.

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

Several other analysts also recently issued reports on LEN. Wall Street Zen downgraded Lennar from a “hold” rating to a “sell” rating in a research note on Saturday, June 21st. Royal Bank Of Canada lifted their price target on Lennar from $98.00 to $106.00 and gave the company a “sector perform” rating in a research note on Monday, September 22nd. JPMorgan Chase & Co. dropped their price target on Lennar from $97.00 to $92.00 and set a “neutral” rating on the stock in a research note on Monday, September 22nd. Bank of America lowered their target price on Lennar from $133.00 to $125.00 and set a “neutral” rating on the stock in a research report on Friday. Finally, Raymond James Financial downgraded Lennar from a “market perform” rating to an “underperform” rating in a research report on Monday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $121.75.

Lennar Stock Performance

LEN opened at $117.94 on Monday. The business’s 50-day moving average price is $129.34 and its two-hundred day moving average price is $116.49. Lennar has a 1 year low of $98.42 and a 1 year high of $189.65. The company has a market capitalization of $30.08 billion, a price-to-earnings ratio of 11.65, a P/E/G ratio of 5.32 and a beta of 1.37. The company has a debt-to-equity ratio of 0.15, a current ratio of 4.49 and a quick ratio of 0.68.

Hedge Funds Weigh In On Lennar

A number of institutional investors have recently bought and sold shares of LEN. Opal Wealth Advisors LLC acquired a new position in Lennar during the first quarter worth approximately $30,000. FNY Investment Advisers LLC acquired a new position in Lennar during the second quarter worth approximately $33,000. Rexford Capital Inc. acquired a new position in Lennar during the second quarter worth approximately $36,000. Disciplina Capital Management LLC increased its position in Lennar by 179.8% during the first quarter. Disciplina Capital Management LLC now owns 333 shares of the construction company’s stock worth $38,000 after buying an additional 214 shares during the last quarter. Finally, Oakworth Capital Inc. increased its position in Lennar by 139.9% during the first quarter. Oakworth Capital Inc. now owns 343 shares of the construction company’s stock worth $39,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 81.10% of the company’s stock.

Lennar Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 27th. Shareholders of record on Friday, October 10th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, October 10th. Lennar’s payout ratio is 19.76%.

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.