What is Zacks Research’s Estimate for Lennar Q2 Earnings?

Lennar Corporation (NYSE:LEN) – Equities researchers at Zacks Research upped their Q2 2026 earnings estimates for Lennar in a report issued on Thursday, April 2nd. Zacks Research analyst Team now forecasts that the construction company will post earnings per share of $1.25 for the quarter, up from their prior forecast of $1.22. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Lennar’s current full-year earnings is $12.48 per share. Zacks Research also issued estimates for Lennar’s Q3 2026 earnings at $1.60 EPS, Q4 2026 earnings at $1.83 EPS, FY2026 earnings at $5.56 EPS, Q1 2027 earnings at $0.93 EPS, Q2 2027 earnings at $1.66 EPS, Q3 2027 earnings at $2.33 EPS and Q1 2028 earnings at $1.15 EPS.

Lennar (NYSE:LEN) last released its earnings results on Thursday, March 12th. The construction company reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.07). The firm had revenue of $6.62 billion during the quarter, compared to analyst estimates of $6.90 billion. Lennar had a return on equity of 7.80% and a net margin of 5.39%.The business’s revenue for the quarter was down 13.3% on a year-over-year basis. During the same quarter last year, the company earned $2.14 earnings per share.

LEN has been the subject of several other research reports. BTIG Research set a $90.00 target price on Lennar in a research note on Thursday, December 18th. Truist Financial cut their price target on shares of Lennar from $95.00 to $90.00 and set a “hold” rating for the company in a report on Tuesday. Evercore cut shares of Lennar from an “in-line” rating to an “underperform” rating and lowered their price objective for the stock from $114.00 to $92.00 in a research note on Thursday, December 18th. Citigroup dropped their target price on shares of Lennar from $113.00 to $104.00 and set a “neutral” rating on the stock in a report on Tuesday, March 17th. Finally, Wells Fargo & Company reduced their target price on shares of Lennar from $105.00 to $100.00 and set an “equal weight” rating for the company in a report on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, ten have given a Hold rating and eight have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $101.14.

Lennar Stock Up 1.3%

LEN opened at $86.53 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.97 and a current ratio of 4.77. The company has a market capitalization of $21.37 billion, a PE ratio of 12.43, a P/E/G ratio of 1.82 and a beta of 1.47. The stock’s fifty day moving average is $105.66 and its 200-day moving average is $115.33. Lennar has a one year low of $83.03 and a one year high of $144.24.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Concurrent Investment Advisors LLC grew its position in Lennar by 73.9% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 10,702 shares of the construction company’s stock worth $1,349,000 after purchasing an additional 4,548 shares in the last quarter. Cibc World Market Inc. lifted its holdings in shares of Lennar by 993.0% in the third quarter. Cibc World Market Inc. now owns 129,487 shares of the construction company’s stock valued at $16,321,000 after purchasing an additional 117,640 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Lennar by 5.9% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 466,027 shares of the construction company’s stock worth $58,738,000 after buying an additional 26,117 shares during the period. Boothbay Fund Management LLC grew its holdings in shares of Lennar by 201.1% during the third quarter. Boothbay Fund Management LLC now owns 24,004 shares of the construction company’s stock valued at $3,025,000 after buying an additional 16,031 shares in the last quarter. Finally, Park Avenue Securities LLC acquired a new position in Lennar during the third quarter valued at $1,509,000. 81.10% of the stock is owned by hedge funds and other institutional investors.

Lennar Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Wednesday, February 4th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, February 4th. This represents a $2.00 dividend on an annualized basis and a yield of 2.3%. Lennar’s dividend payout ratio is currently 28.74%.

Lennar News Summary

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Zacks slightly raised near-term quarter estimates — Q2 2026 to $1.25 (from $1.22) and Q1 2027 to $0.93 (from $0.83). These tweaks are modest and may provide limited support to the stock.
• Neutral Sentiment: Lennar was reported to have underperformed peers in recent session activity, signaling sector-relative weakness rather than company-specific upside. MarketWatch: Stock Underperforms
• Negative Sentiment: Zacks Research cut multiple quarterly EPS estimates and lowered its FY2026 view to $5.56 (from $6.02), including reductions to Q3 2026, Q4 2026, Q2 2027, Q3 2027 and Q1 2028 forecasts — a broad downward revision that signals weaker near‑term profitability expectations and is a primary reason for negative pressure on LEN.
• Negative Sentiment: Keefe, Bruyette & Woods trimmed its price target from $105 to $97 and now has a “market perform” rating, a more cautious stance that reduces upside conviction for investors. Benzinga: KBW Lowers PT TickerReport: KBW Note
• Negative Sentiment: Keefe, Bruyette & Woods’ broader pessimistic forecast was also reported, reinforcing the cautious tone from sell-side coverage. AmericanBankingNews: KBW Pessimistic Forecast
• Negative Sentiment: Truist lowered its price target to $90, adding another analyst downgrade that likely weighs on short-term sentiment and perceived upside. AmericanBankingNews: Truist Lowers PT

About Lennar

Lennar Corporation (NYSE: LEN) is a U.S.-based homebuilder and real estate company that designs, constructs and sells residential housing. The company offers a range of product types including single-family detached homes, townhomes and condominiums, serving buyers from entry-level and first-time purchasers to move-up, active-adult and luxury segments. Lennar also develops master-planned communities and manages land acquisition and entitlement activities that support its homebuilding operations.

In addition to home construction and sales, Lennar provides a suite of ancillary services intended to streamline the purchase process and capture additional value.