FY2026 Earnings Estimate for Lennar Issued By Zacks Research

Lennar Corporation (NYSE:LEN) – Research analysts at Zacks Research cut their FY2026 EPS estimates for Lennar in a note issued to investors on Wednesday, October 7th. Zacks Research analyst Team now forecasts that the construction company will post earnings of $4.87 per share for the year, down from their prior forecast of $5.35. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Lennar’s current full-year earnings is $4.87 per share. Zacks Research also issued estimates for Lennar’s Q4 2026 earnings at $1.45 EPS, Q1 2027 earnings at $0.82 EPS, Q2 2027 earnings at $1.32 EPS, Q3 2027 earnings at $1.46 EPS, Q4 2027 earnings at $1.57 EPS, FY2027 earnings at $5.16 EPS, Q1 2028 earnings at $1.26 EPS, Q2 2028 earnings at $1.91 EPS, Q3 2028 earnings at $1.89 EPS and FY2028 earnings at $7.06 EPS.

A number of other equities research analysts also recently commented on LEN. Citizens Jmp reaffirmed a “hold” rating on shares of Lennar in a research report on Thursday, September 17th. Seaport Research Partners decreased their price target on Lennar from $74.00 to $70.00 and set a “sell” rating on the stock in a research note on Monday, September 21st. JPMorgan Chase & Co. lowered their price target on Lennar from $80.00 to $77.00 and set an “underweight” rating for the company in a report on Tuesday, June 16th. Evercore increased their price objective on shares of Lennar from $82.00 to $87.00 and gave the stock an “underperform” rating in a report on Monday, June 15th. Finally, UBS Group decreased their target price on shares of Lennar from $107.00 to $94.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and ten have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $79.00.

Lennar Trading Up 1.7%

Shares of Lennar stock opened at $77.44 on Friday. Lennar has a fifty-two week low of $73.75 and a fifty-two week high of $133.76. The firm has a market cap of $18.66 billion, a PE ratio of 14.64, a P/E/G ratio of 2.86 and a beta of 1.36. The business’s fifty day moving average is $83.02 and its two-hundred day moving average is $86.51. The company has a quick ratio of 0.69, a current ratio of 4.94 and a debt-to-equity ratio of 0.20.

Lennar (NYSE:LEN) last announced its earnings results on Wednesday, September 16th. The construction company reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.06). The firm had revenue of $8.05 billion for the quarter, compared to analyst estimates of $8.32 billion. Lennar had a return on equity of 6.15% and a net margin of 4.09%.The firm’s revenue was down 8.7% compared to the same quarter last year. During the same quarter last year, the business posted $2.00 EPS.

Lennar Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 22nd. Shareholders of record on Wednesday, October 7th will be paid a dividend of $0.50 per share. The ex-dividend date is Wednesday, October 7th. This represents a $2.00 annualized dividend and a yield of 2.6%. Lennar’s dividend payout ratio is currently 37.81%.

Insider Activity at Lennar

In other news, major shareholder Berkshire Hathaway Inc acquired 1,708,095 shares of Lennar stock in a transaction dated Friday, October 2nd. The shares were acquired at an average cost of $79.44 per share, with a total value of $135,691,066.80. Following the purchase, the insider directly owned 28,438,045 shares of the company’s stock, valued at approximately $2,259,118,294.80. This trade represents a 6.39% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders bought 7,502,276 shares of company stock valued at $595,303,287. Company insiders own 10.05% of the company’s stock.

Institutional Trading of Lennar

A number of institutional investors and hedge funds have recently bought and sold shares of LEN. Janus Henderson Group PLC grew its stake in Lennar by 19.7% during the first quarter. Janus Henderson Group PLC now owns 2,546,970 shares of the construction company’s stock worth $221,176,000 after buying an additional 419,745 shares during the period. Van Lanschot Kempen Investment Management N.V. boosted its position in Lennar by 90.9% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,963,373 shares of the construction company’s stock worth $201,835,000 after purchasing an additional 934,856 shares during the period. Swiss National Bank increased its holdings in Lennar by 4.8% in the 1st quarter. Swiss National Bank now owns 601,468 shares of the construction company’s stock valued at $52,231,000 after purchasing an additional 27,500 shares in the last quarter. River Road Asset Management LLC raised its position in Lennar by 10.3% in the fourth quarter. River Road Asset Management LLC now owns 461,696 shares of the construction company’s stock valued at $47,462,000 after purchasing an additional 43,186 shares during the period. Finally, Nan Shan Life Insurance Co. Ltd. lifted its stake in shares of Lennar by 6,292.5% during the second quarter. Nan Shan Life Insurance Co. Ltd. now owns 328,000 shares of the construction company’s stock worth $29,681,000 after purchasing an additional 322,869 shares in the last quarter. Institutional investors and hedge funds own 81.10% of the company’s stock.

Lennar News Summary

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Berkshire Hathaway continues accumulating shares. Reports indicate Berkshire purchased approximately 1.7 million additional Lennar shares, bringing its stake above 11%—and reportedly near 12%—of the homebuilder. The investment may bolster confidence in Lennar’s long-term value, particularly because the shares trade below book value. Lennar insider share purchase
• Positive Sentiment: Valuation is attracting value-oriented investors. Commentary highlights Lennar’s roughly 0.83-times book-value multiple and relatively modest earnings multiple after a steep 12-month decline. Investors may view the discount as an opportunity if housing demand and profitability recover. Lennar valuation and Berkshire purchases
• Neutral Sentiment: Lennar is emphasizing volume over margins. The company is using lower costs, faster construction cycles and pricing strategies to protect affordability and maintain home deliveries. This could support revenue and market share, but it may limit near-term margins. Lennar volume strategy
• Negative Sentiment: Several law firms announced investigations into Lennar. The inquiries follow an October 2 Hunterbrook Media report alleging potential securities-law violations. The announcements are investor-solicitation notices, and no wrongdoing has been established, but they create litigation, reputational and potential financial risks. Lennar securities-fraud investigation
• Negative Sentiment: Higher mortgage rates are pressuring housing affordability. Thirty-year mortgage rates are approaching 7.5%, forcing builders to offer incentives or accept lower margins to keep buyers engaged. Lennar’s recent quarterly results also missed analyst expectations, with revenue and earnings declining year over year. Mortgage rate pressure on homebuilders

Lennar Company Profile

Lennar Corporation (NYSE: LEN) is a homebuilding company that designs, constructs and sells single-family homes and, through its multifamily operations, develops apartment communities. Its residential offerings generally include homes across a range of sizes and prices, serving first-time, move-up and active-adult buyers.

The company also provides related services through businesses involved in mortgage financing, title and closing services, insurance and other real estate activities. Lennar develops residential communities and manages land acquisition, planning and construction as part of its integrated homebuilding model.

Founded in 1954, Lennar has expanded from its origins in South Florida into a national homebuilder serving numerous markets across the United States.