Lennar’s (LEN) Market Perform Rating Reiterated at Citizens Jmp

Citizens Jmp reiterated their market perform rating on shares of Lennar (NYSE:LEN) in a research report sent to investors on Wednesday morning, Marketbeat reports.

LEN has been the subject of several other reports. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $120.00 target price on shares of Lennar in a research note on Thursday, December 18th. BTIG Research set a $90.00 price objective on shares of Lennar in a research report on Thursday, December 18th. UBS Group lowered shares of Lennar from a “buy” rating to a “neutral” rating and dropped their target price for the company from $137.00 to $122.00 in a research report on Tuesday. Wall Street Zen downgraded shares of Lennar from a “hold” rating to a “sell” rating in a research report on Monday, December 8th. Finally, Wells Fargo & Company lowered their price objective on Lennar from $110.00 to $105.00 and set an “equal weight” rating on the stock in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and seven have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $106.00.

Lennar Stock Up 8.6%

LEN opened at $118.92 on Wednesday. The company has a fifty day moving average of $116.95 and a two-hundred day moving average of $121.24. The stock has a market capitalization of $30.33 billion, a price-to-earnings ratio of 14.88, a PEG ratio of 1.26 and a beta of 1.42. Lennar has a fifty-two week low of $98.42 and a fifty-two week high of $144.24. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.36 and a current ratio of 4.89.

Lennar (NYSE:LEN) last posted its earnings results on Tuesday, December 16th. The construction company reported $2.03 EPS for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.27). The business had revenue of $9.37 billion for the quarter, compared to analyst estimates of $9.17 billion. Lennar had a net margin of 6.08% and a return on equity of 9.27%. Lennar’s revenue was down 5.8% on a year-over-year basis. During the same quarter last year, the business earned $4.03 earnings per share. On average, research analysts expect that Lennar will post 12.48 earnings per share for the current year.

Institutional Investors Weigh In On Lennar

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Guerra Advisors Inc purchased a new stake in Lennar in the 3rd quarter valued at $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Lennar during the 3rd quarter valued at about $25,000. Redmont Wealth Advisors LLC acquired a new stake in Lennar during the third quarter worth about $26,000. FNY Investment Advisers LLC purchased a new position in Lennar during the second quarter worth about $33,000. Finally, Rexford Capital Inc. acquired a new position in Lennar in the 2nd quarter valued at about $36,000. Institutional investors and hedge funds own 81.10% of the company’s stock.

Lennar News Roundup

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Shares rose today on heavy volume, indicating buying interest that outweighed the negative analyst headlines (volume above average; technicals show price above the 50‑day SMA).
• Neutral Sentiment: Zacks published a FY2028 EPS projection of $10.17 for Lennar, signaling a longer‑range recovery expectation even as nearer‑term estimates were cut.
• Neutral Sentiment: Citizens / JMP reaffirmed a Market Perform (neutral) rating on LEN. Citizens Jmp Reaffirms Market Perform Rating for Lennar (NYSE:LEN)
• Neutral Sentiment: TPG’s acquisition of a majority interest in Quarterra was reported; this is industry‑level M&A news that may indirectly affect builder sentiment in certain markets but has no direct confirmed impact on Lennar. TPG Buys Majority Interest in Quarterra
• Negative Sentiment: Zacks cut Lennar’s near‑term and medium‑term EPS forecasts across multiple quarters and fiscal years (examples: FY2026 cut roughly to $6.14 from prior ~ $8.77; FY2027 cut to $8.42 from ~$10.11; several quarterly downgrades). Zacks kept a “Hold” rating — the cuts reduce near‑term earnings visibility and are a clear negative for consensus‑driven valuation.
• Negative Sentiment: Major sell‑side moves: Citigroup trimmed its price target to $113 and kept a neutral view (reported via Benzinga), and Wells Fargo lowered its target to $105 — both put downward pressure on sentiment. Citigroup price target cut reported at Benzinga Wells Fargo Lowers Lennar Price Target
• Negative Sentiment: Coverage notes after Lennar’s Q4 showing: some outlets and analysts moved LEN to market‑perform/neutral following an “underwhelming” quarter (Citizens/MSN coverage), reinforcing cautious sentiment. Lennar lowered to market perform at Citizens after underwhelming Q4

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.