Lennar Corporation (LEN)
| Market Cap | 22.24B -20.5% |
| Revenue (ttm) | 32.74B -7.4% |
| Net Income | 1.60B -50.4% |
| EPS | 6.42 -47.2% |
| Shares Out | 246.30M |
| PE Ratio | 14.07 |
| Forward PE | 14.35 |
| Dividend | $2.00 (2.21%) |
| Ex-Dividend Date | Apr 22, 2026 |
| Volume | 6,260,437 |
| Open | 93.19 |
| Previous Close | 94.95 |
| Day's Range | 89.68 - 94.44 |
| 52-Week Range | 81.18 - 144.24 |
| Beta | 1.40 |
| Analysts | Hold |
| Price Target | 89.50 (-0.18%) |
| Earnings Date | Jun 11, 2026 |
About LEN
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 South Central, 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 re... [Read more]
Financial Performance
In fiscal year 2025, Lennar's revenue was $34.19 billion, a decrease of -3.54% compared to the previous year's $35.44 billion. Earnings were $2.06 billion, a decrease of -47.14%.
Financial StatementsAnalyst Summary
According to 19 analysts, the average rating for LEN stock is "Hold." The 12-month stock price target is $89.5, which is a decrease of -0.18% from the latest price.
News
Lennar Earnings Call Transcript: Q2 2026
Q2 2026 saw strong operational execution with 20,519 homes delivered, improved margins, and declining sales incentives. Guidance for Q3 anticipates continued margin improvement, stable sales pace, and a focus on asset-light strategy amid macroeconomic uncertainty.
Lennar Earnings release: Q2 2026
Lennar released its Q2 2026 earnings on June 12, 2026, summarizing the period's financial results.
Friday's Morning Movers: STX, WDC & QCOM PT Hikes, LEN Misses Revenue
The AI memory trade continues to surge with optimism from analysts. Diane King Hall explains why JP Morgan raised price targets for Seagate (STX) and Western Digital (WDC) even after both stocks saw s...
Lennar Cuts Full-Year Target, Citing ‘Stubborn' Housing-Market Headwinds
The home builder said it now expects full-year deliveries of around 82,000 to 83,000 homes, citing high interest rates and geopolitical uncertainty.
Lennar CEO: Demand is real, deferred, and building
CEO Miller concluded, “Our strategy consistently has been to execute around the affordability challenge rather than wait it out. We have prioritized volume to create durable scale advantages, to deliv...
Lennar reports Q2 adjusted EPS $1.31, consensus $1.24
Reports Q2 revenue $7.9B, consensus $8.07B. Stuart Miller, Executive Chairman, Chief Executive Officer and President of Lennar (LEN), said, “Our second quarter of fiscal year 2026 was defined by the…
Lennar sees Q3 new orders 21,000-22,000, deliveries 20,500-21,500
Sees Q3 average sales price $375,000-$380,000.
Lennar reports Q2 new orders decreased 4% year over year to 21,749 homes
Reports Q2: Backlog of 16,818 homes with a dollar value of $6.6B; Deliveries increased 2% year over year to 20,519 homes; Gross margin on home sales of 15.6%; Net margin…
Lennar targets 2026 deliveries of 82,000-83,000 homes
“Looking ahead to the third quarter of 2026, we expect to deliver approximately 20,500 to 21,500 homes with gross margin improving to approximately 16% as volume increases, incentive levels continue…
Lennar Reports Second Quarter 2026 Results
Second Quarter 2026 Highlights Net earnings per diluted share of $1.24 ($1.31 excluding mark-to-market losses on technology investments) Net earnings of $305 million New orders decreased 4% year over ...
Notable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Adobe (ADBE), consensus $5.81… Lennar (LEN), consensus $1.24… RH (RH), consensus ($2.07).
Lennar price target lowered to $84 from $88 at BofA
BofA analyst Rafe Jadrosich lowered the firm’s price target on Lennar (LEN) to $84 from $88 and keeps an Underperform rating on the shares ahead of the company’s scheduled fiscal…
Toll Brothers upgraded, Lennar downgraded: Wall Street’s top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by…
Lennar downgraded to Underperform from Market Perform at Keefe Bruyette
Keefe Bruyette downgraded Lennar (LEN) to Underperform from Market Perform with a price target of $86, down from $97. The firm adjusted two homebuilder ratings, saying that in a “challenging,…
Lennar price target lowered to $73 from $77 at BTIG
BTIG lowered the firm’s price target on Lennar (LEN) to $73 from $77 and keeps a Sell rating on the shares ahead of its Q2 results. The firm is reducing…
Lennar Names Jim Parker Chief Operating Officer and David Grove EVP, Homebuilding
MIAMI, June 5, 2026 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, today announced that, effective immediately, Jim Parker has been named Chief Ope...
Goldman Sachs reducing earnings estimates for KB Home and Lennar
As part of a broader research note on home builders previewing Q2 results, Goldman Sachs keeps a neutral rating on KB Home (KBH) and Lennar (LEN), along with their $56…
These home-builder stocks look cheap after Berkshire's ‘vote of confidence' in the sector
Just being cheap isn't enough to attract hot money — there also has to be some belief that Wall Street vultures are circling. But now there's reason to think that, after two years of underperformance,...
Lennar Corporation to Broadcast Its Second Quarter 2026 Earnings Call on June 12, 2026
MIAMI, May 28, 2026 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release its second quarter 2026 earnings a...
Homebuilder Charts Point to Rebound. Play the Barbell Approach With These 2 Stocks.
Technical indicators for Toll Brothers and Lennar suggest selling pressure in homebuilder stocks may be easing after a sharp sector pullback.
Inside Out: Housing Market Fears Abating?
Alex Barron believes the bottom of the housing market is here. He says the "fear factor" from the Iran war has faded at this point as the summer home selling season ramps up.
Lennar Corporation Declares Quarterly Dividends
MIAMI, April 8, 2026 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of...
Why home builders' stocks are getting such a big boost from the cease-fire deal with Iran
Falling interest rates and oil prices, which could put more money into the pockets of potential home buyers, provide some hope for a turnaround.
Lennar Transcript: AGM 2026
Board nominees and executive compensation were approved, while shareholder proposals on voting rights and transparency failed. The company highlighted its asset-light transition, technology upgrades, and volume-first strategy amid ongoing affordability and macroeconomic challenges.