Wedbush Issues Optimistic Forecast for Lennar Earnings

Lennar Co. (NYSE:LEN) – Stock analysts at Wedbush lifted their Q3 2025 earnings per share (EPS) estimates for shares of Lennar in a research note issued to investors on Thursday, December 19th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings per share of $4.17 for the quarter, up from their prior estimate of $4.09. Wedbush has a “Neutral” rating and a $164.00 price objective on the stock. The consensus estimate for Lennar’s current full-year earnings is $14.11 per share. Wedbush also issued estimates for Lennar’s Q4 2025 earnings at $5.01 EPS, Q3 2026 earnings at $4.56 EPS and Q4 2026 earnings at $5.59 EPS.

Lennar (NYSE:LEN) last posted its quarterly earnings results on Wednesday, December 18th. The construction company reported $4.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.15 by ($0.12). Lennar had a net margin of 11.51% and a return on equity of 15.47%. The firm had revenue of $9.95 billion during the quarter, compared to the consensus estimate of $10.06 billion. During the same quarter in the prior year, the business earned $4.82 EPS. Lennar’s revenue was down 9.3% on a year-over-year basis.

LEN has been the subject of several other research reports. Keefe, Bruyette & Woods dropped their target price on shares of Lennar from $210.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, December 20th. The Goldman Sachs Group cut their target price on Lennar from $190.00 to $162.00 and set a “neutral” rating on the stock in a research note on Monday. UBS Group decreased their target price on Lennar from $225.00 to $205.00 and set a “buy” rating for the company in a research report on Friday, December 20th. Evercore ISI reduced their price objective on shares of Lennar from $240.00 to $236.00 and set an “outperform” rating on the stock in a research note on Monday, September 23rd. Finally, Royal Bank of Canada lowered their target price on shares of Lennar from $160.00 to $130.00 and set an “underperform” rating for the company in a research note on Friday, December 20th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Lennar presently has a consensus rating of “Hold” and a consensus target price of $175.19.

Lennar Stock Performance

LEN opened at $138.00 on Monday. Lennar has a fifty-two week low of $135.21 and a fifty-two week high of $193.80. The company has a market cap of $37.43 billion, a price-to-earnings ratio of 9.14, a price-to-earnings-growth ratio of 1.31 and a beta of 1.61. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.90 and a quick ratio of 0.98. The firm has a 50 day simple moving average of $168.10 and a 200 day simple moving average of $169.45.

Hedge Funds Weigh In On Lennar

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Oakworth Capital Inc. bought a new position in shares of Lennar in the 3rd quarter valued at about $27,000. Wolff Wiese Magana LLC lifted its stake in Lennar by 933.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 155 shares of the construction company’s stock valued at $29,000 after purchasing an additional 140 shares during the last quarter. GHP Investment Advisors Inc. acquired a new position in Lennar during the third quarter worth approximately $30,000. Asset Dedication LLC raised its stake in Lennar by 4,225.0% in the third quarter. Asset Dedication LLC now owns 173 shares of the construction company’s stock valued at $32,000 after buying an additional 169 shares during the period. Finally, DT Investment Partners LLC lifted its position in shares of Lennar by 523.3% in the third quarter. DT Investment Partners LLC now owns 187 shares of the construction company’s stock valued at $35,000 after buying an additional 157 shares during the last quarter. 81.10% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Jeffrey Sonnenfeld sold 17,500 shares of the stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $175.13, for a total transaction of $3,064,775.00. Following the completion of the transaction, the director now directly owns 23,689 shares of the company’s stock, valued at approximately $4,148,654.57. This represents a 42.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 9.36% of the stock is currently owned by corporate insiders.

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.