Lennar (LEN) – Research Analysts’ Recent Ratings Updates

Lennar (NYSE: LEN) has recently received a number of price target changes and ratings updates:

• 1/10/2025 – Lennar was upgraded by analysts at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating. They now have a $130.00 price target on the stock.
• 1/8/2025 – Lennar was downgraded by analysts at Wolfe Research from an “outperform” rating to a “peer perform” rating.
• 1/8/2025 – Lennar had its price target lowered by analysts at UBS Group AG from $205.00 to $192.00. They now have a “buy” rating on the stock.
• 1/6/2025 – Lennar had its price target lowered by analysts at Citigroup Inc. from $196.00 to $150.00. They now have a “neutral” rating on the stock.
• 12/23/2024 – Lennar had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $190.00 to $162.00. They now have a “neutral” rating on the stock.
• 12/20/2024 – Lennar had its price target lowered by analysts at Royal Bank of Canada from $160.00 to $130.00. They now have an “underperform” rating on the stock.
• 12/20/2024 – Lennar had its price target lowered by analysts at Keefe, Bruyette & Woods from $210.00 to $170.00. They now have an “outperform” rating on the stock.
• 12/20/2024 – Lennar was downgraded by analysts at BTIG Research from a “buy” rating to a “neutral” rating.
• 12/20/2024 – Lennar had its price target lowered by analysts at Barclays PLC from $181.00 to $135.00. They now have an “equal weight” rating on the stock.
• 12/20/2024 – Lennar had its price target lowered by analysts at UBS Group AG from $225.00 to $205.00. They now have a “buy” rating on the stock.
• 12/19/2024 – Lennar had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $164.00 price target on the stock.
• 12/17/2024 – Lennar had its price target lowered by analysts at Wells Fargo & Company from $180.00 to $165.00. They now have an “equal weight” rating on the stock.
• 12/13/2024 – Lennar had its price target lowered by analysts at JPMorgan Chase & Co. from $192.00 to $173.00. They now have a “neutral” rating on the stock.
• 12/12/2024 – Lennar had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $164.00 price target on the stock.
• 12/11/2024 – Lennar was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating. They now have a $181.00 price target on the stock, down previously from $210.00.

Lennar Stock Performance

LEN traded up $3.72 during trading hours on Wednesday, hitting $138.90. The company’s stock had a trading volume of 1,218,467 shares, compared to its average volume of 2,750,855. Lennar Co. has a fifty-two week low of $128.41 and a fifty-two week high of $193.80. The company has a 50-day simple moving average of $154.76 and a 200 day simple moving average of $167.57. The company has a current ratio of 4.90, a quick ratio of 0.98 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $37.68 billion, a PE ratio of 9.20, a PEG ratio of 1.28 and a beta of 1.66.

Lennar (NYSE:LEN) last issued its quarterly earnings results on Wednesday, December 18th. The construction company reported $4.03 earnings per share for the quarter, missing analysts’ consensus estimates of $4.15 by ($0.12). Lennar had a net margin of 11.51% and a return on equity of 15.47%. The business had revenue of $9.95 billion during the quarter, compared to analyst estimates of $10.06 billion. During the same period in the previous year, the company posted $4.82 earnings per share. Lennar’s revenue was down 9.3% compared to the same quarter last year. As a group, sell-side analysts expect that Lennar Co. will post 14.11 EPS for the current year.

Insider Buying and Selling

In other news, Director Jeffrey Sonnenfeld sold 17,500 shares of the company’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $175.13, for a total value of $3,064,775.00. Following the transaction, the director now owns 23,689 shares in the company, valued at $4,148,654.57. This represents a 42.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 9.36% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Lennar

Several large investors have recently made changes to their positions in the company. Armstrong Advisory Group Inc. increased its holdings in shares of Lennar by 69.4% during the 4th quarter. Armstrong Advisory Group Inc. now owns 183 shares of the construction company’s stock valued at $25,000 after acquiring an additional 75 shares during the last quarter. Oakworth Capital Inc. acquired a new stake in shares of Lennar in the third quarter worth $27,000. Wolff Wiese Magana LLC boosted its holdings in shares of Lennar by 933.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 155 shares of the construction company’s stock worth $29,000 after buying an additional 140 shares during the period. GHP Investment Advisors Inc. acquired a new position in Lennar in the 3rd quarter valued at $30,000. Finally, Asset Dedication LLC lifted its position in Lennar by 4,225.0% during the 3rd quarter. Asset Dedication LLC now owns 173 shares of the construction company’s stock worth $32,000 after acquiring an additional 169 shares during the last quarter. Institutional investors own 81.10% of the company’s stock.

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.