Wells Fargo & Company Cuts Lennar (NYSE:LEN) Price Target to $90.00

Lennar (NYSE:LEN) had its price target dropped by investment analysts at Wells Fargo & Company from $100.00 to $90.00 in a research report issued on Wednesday,MarketScreener reports. The firm presently has an “equal weight” rating on the construction company’s stock. Wells Fargo & Company‘s price target would indicate a potential downside of 1.30% from the stock’s current price.

A number of other equities analysts also recently issued reports on the company. Citizens Jmp reiterated a “market perform” rating on shares of Lennar in a research note on Wednesday, January 7th. Zacks Research upgraded Lennar from a “strong sell” rating to a “hold” rating in a report on Thursday, March 19th. Royal Bank Of Canada set a $88.00 price target on Lennar in a report on Friday, January 9th. Weiss Ratings lowered Lennar from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 16th. Finally, Bank of America reaffirmed an “underperform” rating and set a $95.00 price objective (down from $125.00) on shares of Lennar in a report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Hold rating and eight have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $100.07.

Lennar Stock Up 6.5%

LEN stock traded up $5.57 during midday trading on Wednesday, reaching $91.19. 200,355 shares of the company’s stock traded hands, compared to its average volume of 3,144,203. The company has a quick ratio of 0.97, a current ratio of 4.77 and a debt-to-equity ratio of 0.18. The firm’s fifty day moving average price is $104.22 and its 200-day moving average price is $114.13. Lennar has a 52 week low of $83.03 and a 52 week high of $144.24. The company has a market cap of $22.52 billion, a price-to-earnings ratio of 13.10, a P/E/G ratio of 1.85 and a beta of 1.47.

Lennar (NYSE:LEN) last released its quarterly earnings data 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 business had revenue of $6.62 billion during the quarter, compared to the consensus estimate of $6.90 billion. Lennar had a net margin of 5.39% and a return on equity of 7.80%. The firm’s quarterly revenue was down 13.3% on a year-over-year basis. During the same period last year, the business posted $2.14 earnings per share. As a group, sell-side analysts forecast that Lennar will post 12.48 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in shares of Lennar by 14.6% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,732,654 shares of the construction company’s stock worth $596,504,000 after buying an additional 603,004 shares during the last quarter. Viking Global Investors LP raised its position in Lennar by 86.7% in the second quarter. Viking Global Investors LP now owns 2,523,594 shares of the construction company’s stock worth $279,135,000 after acquiring an additional 1,172,068 shares during the period. Janus Henderson Group PLC raised its position in Lennar by 12.0% in the fourth quarter. Janus Henderson Group PLC now owns 2,127,225 shares of the construction company’s stock worth $218,681,000 after acquiring an additional 228,247 shares during the period. Van Lanschot Kempen Investment Management N.V. boosted its stake in Lennar by 90.9% in the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,963,373 shares of the construction company’s stock valued at $201,835,000 after acquiring an additional 934,856 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Lennar by 7.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,154,892 shares of the construction company’s stock valued at $145,563,000 after acquiring an additional 75,574 shares during the period. Institutional investors own 81.10% of the company’s stock.

Trending Headlines about Lennar

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Lennar is actively adding inventory — multiple land and lot deals across California and other markets increase its buildable pipeline, which supports future revenue and margin recovery as demand improves: Elk Grove / Rancho Cordova / Vineyard lot buys. Read More. · Read More. · Read More.
• Positive Sentiment: Local approvals and community projects (e.g., new phases like Pebble Creek) expand potential build opportunities where Lennar operates or competes, supporting its long-term growth runway. Read More.
• Positive Sentiment: Value / rebound thesis: market commentary is flagging LEN as a beaten-down housing play with a low forward P/E and upside if mortgage rates or demand stabilize — this frames LEN as a deep-value opportunity for patient investors. Read More.
• Neutral Sentiment: Regional construction activity — a report cites $532M in new construction starts in the Huntsville area; useful context for geographic strength in housing but not clearly tied to Lennar’s results. Read More.
• Negative Sentiment: Earnings shock and stock volatility — analysts and outlets point to Lennar’s March quarter miss (revenue and EPS below consensus), which drove a sharp pullback as investors reassessed near-term demand and margins. Read More. · Read More.
• Negative Sentiment: Analyst estimate cuts and lower guidance expectations — Zacks trimmed Q4 2027 and FY2027–FY2028 EPS forecasts and maintains a “Hold,” reducing near-term earnings visibility. Read More.
• Negative Sentiment: Brokerage sentiment turned more bearish — consensus broker ratings and coverage have shifted toward “Reduce,” amplifying selling pressure and weighing on the share price. Read More.

Lennar Company Profile

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.