Keefe, Bruyette & Woods Cuts Lennar (NYSE:LEN) Price Target to $105.00

Lennar (NYSE:LEN) had its target price lowered by Keefe, Bruyette & Woods from $115.00 to $105.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The brokerage currently has a market perform rating on the construction company’s stock.

Other equities analysts also recently issued reports about the company. Zacks Research downgraded Lennar from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 8th. Wall Street Zen downgraded Lennar from a “hold” rating to a “sell” rating in a research note on Monday, December 8th. JPMorgan Chase & Co. dropped their price objective on shares of Lennar from $115.00 to $80.00 and set an “underweight” rating for the company in a report on Thursday, December 18th. BTIG Research set a $90.00 target price on shares of Lennar in a research report on Thursday, December 18th. Finally, Wells Fargo & Company decreased their price target on shares of Lennar from $105.00 to $100.00 and set an “equal weight” rating for the company in a research report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Hold rating and nine have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $102.07.

Lennar Trading Down 3.5%

Shares of Lennar stock opened at $90.40 on Wednesday. The firm’s 50 day moving average is $111.07 and its 200 day moving average is $118.37. The firm has a market capitalization of $22.33 billion, a PE ratio of 12.99, a price-to-earnings-growth ratio of 1.99 and a beta of 1.43. Lennar has a 1 year low of $89.63 and a 1 year high of $144.24. The company has a current ratio of 4.77, a quick ratio of 0.97 and a debt-to-equity ratio of 0.18.

Lennar (NYSE:LEN) last announced its quarterly earnings results on Thursday, March 12th. The construction company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by ($0.07). Lennar had a return on equity of 7.80% and a net margin of 5.39%.The company had revenue of $6.62 billion for the quarter, compared to analyst estimates of $6.90 billion. During the same quarter last year, the company posted $2.14 earnings per share. The firm’s quarterly revenue was down 13.3% on a year-over-year basis. Equities research analysts forecast that Lennar will post 12.48 earnings per share for the current fiscal year.

Lennar Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Wednesday, February 4th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Wednesday, February 4th. Lennar’s payout ratio is 28.74%.

Institutional Investors Weigh In On Lennar

Hedge funds have recently bought and sold shares of the stock. Concurrent Investment Advisors LLC raised its position in shares of Lennar by 73.9% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 10,702 shares of the construction company’s stock worth $1,349,000 after purchasing an additional 4,548 shares during the last quarter. Longfellow Investment Management Co. LLC purchased a new position in shares of Lennar in the 2nd quarter worth $441,000. Employees Retirement System of Texas purchased a new position in Lennar in the second quarter worth about $215,000. Cibc World Market Inc. grew its position in Lennar by 993.0% during the third quarter. Cibc World Market Inc. now owns 129,487 shares of the construction company’s stock valued at $16,321,000 after buying an additional 117,640 shares during the period. Finally, Swiss National Bank grew its position in shares of Lennar by 4.3% during the 2nd quarter. Swiss National Bank now owns 702,872 shares of the construction company’s stock valued at $77,745,000 after acquiring an additional 29,300 shares during the period. 81.10% of the stock is currently owned by institutional investors.

Lennar News Roundup

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Unusually large call buying — investors purchased ~26,020 LEN call options on Friday (≈+67% vs. average), signalling short‑term bullish/speculative interest or hedging that can add upside pressure or volatility.
• Neutral Sentiment: Lennar’s profits fell in the latest quarter but some commentators argue the long‑term housing outlook remains intact, framing today’s drop as a potential “buy‑the‑dip” opportunity. Lennar Corp Saw Profits Fall in Its Latest Quarter
• Neutral Sentiment: Highlights from Lennar’s Q1 earnings call raised analyst questions around backlog, cancellations and pricing — useful context for near‑term guidance but not an immediate catalyst by itself. The 5 Most Interesting Analyst Questions From Lennar’s Q1 Earnings Call
• Negative Sentiment: Share price hit a 52‑week low, reflecting intensified downside pressure and investor concern about near‑term performance. Lennar Corporation stock hits 52-week low at 92.12 USD
• Negative Sentiment: Sector weakness — major homebuilders including Lennar are falling together, so broader market sentiment for housing is amplifying LEN’s decline. LGI Homes, KB Home, Toll Brothers, Lennar, and PulteGroup shares are falling
• Negative Sentiment: Independent research and brokers turned more pessimistic — Keefe, Bruyette & Woods issued a downbeat forecast and Citigroup lowered expectations, pressuring sentiment and likely price targets. Keefe, Bruyette & Woods Issues Pessimistic Forecast for Lennar Citigroup Has Lowered Expectations for Lennar
• Negative Sentiment: Bear thesis: analysts warning the housing market won’t recover in 2026, which increases downside risk for builders reliant on demand normalization. Bear of the Day: Lennar (LEN)

About Lennar

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.