Lennar (NYSE:LEN) Given New $90.00 Price Target at Wells Fargo & Company

Lennar (NYSE:LEN) had its price target lowered by Wells Fargo & Company from $100.00 to $90.00 in a research note released on Wednesday, Marketbeat Ratings reports. Wells Fargo & Company currently has an equal weight rating on the construction company’s stock.

Several other equities research analysts have also weighed in on the company. Weiss Ratings lowered Lennar from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 16th. UBS Group cut their target price on Lennar from $122.00 to $107.00 and set a “neutral” rating on the stock in a research report on Monday, March 16th. Bank of America reissued an “underperform” rating and set a $95.00 target price (down from $125.00) on shares of Lennar in a research report on Thursday, December 18th. Truist Financial cut their target price on Lennar from $95.00 to $90.00 and set a “hold” rating on the stock in a research report on Tuesday, March 31st. Finally, Royal Bank Of Canada set a $88.00 target price on Lennar in a research report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Hold rating and eight have given a Sell rating to the company’s stock. Based on data from MarketBeat, Lennar presently has an average rating of “Reduce” and an average price target of $100.07.

Lennar Price Performance

LEN stock opened at $88.63 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.77 and a quick ratio of 0.97. The firm has a market capitalization of $21.89 billion, a P/E ratio of 12.73, a P/E/G ratio of 1.85 and a beta of 1.47. The business’s 50-day moving average is $103.77 and its two-hundred day moving average is $113.95. Lennar has a 1 year low of $83.03 and a 1 year high of $144.24.

Lennar (NYSE:LEN) last posted its quarterly earnings results on Thursday, March 12th. The construction company reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.07). The company had revenue of $6.62 billion during the quarter, compared to analyst estimates of $6.90 billion. Lennar had a net margin of 5.39% and a return on equity of 7.80%. Lennar’s revenue for the quarter was down 13.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.14 EPS. Analysts anticipate 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 will be paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Wednesday, April 22nd. Lennar’s dividend payout ratio (DPR) is currently 28.74%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in LEN. Viking Global Investors LP grew its stake in Lennar by 86.7% during the 2nd quarter. Viking Global Investors LP now owns 2,523,594 shares of the construction company’s stock worth $279,135,000 after buying an additional 1,172,068 shares during the last quarter. Van Lanschot Kempen Investment Management N.V. grew its stake in Lennar by 90.9% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,963,373 shares of the construction company’s stock worth $201,835,000 after buying an additional 934,856 shares during the last quarter. Freestone Grove Partners LP purchased a new position in Lennar during the 4th quarter worth approximately $95,941,000. Barrow Hanley Mewhinney & Strauss LLC grew its stake in Lennar by 14.6% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,732,654 shares of the construction company’s stock worth $596,504,000 after buying an additional 603,004 shares during the last quarter. Finally, Bank of Nova Scotia grew its stake in Lennar by 1,303.1% during the 4th quarter. Bank of Nova Scotia now owns 490,105 shares of the construction company’s stock worth $50,383,000 after buying an additional 455,174 shares during the last quarter. Hedge funds and other institutional investors own 81.10% of the company’s stock.

Trending Headlines about Lennar

Here are the key news stories impacting Lennar this week:

• Positive Sentiment: Board declared a quarterly cash dividend of $0.50/share payable May 6, 2026 — a direct return of capital that supports investor income thesis and can boost demand for the shares. Lennar Corporation Declares Quarterly Dividends
• Positive Sentiment: Ongoing land and lot buys: Lennar purchased future home lots in the Sacramento area (Elk Grove, Rancho Cordova, Vineyard) and spent on land for new developments — signals continued pipeline building and local market expansion. Lennar buys future home lots in Elk Grove, Rancho Cordova, Vineyard
• Positive Sentiment: Local development approvals and starts (e.g., Rochester Pebble Creek phase, Huntsville-area construction activity) indicate steady demand in certain markets and support forward revenue visibility. Rochester council OKs next phase of Pebble Creek
• Neutral Sentiment: Analyst commentary highlights value views: MarketBeat listed LEN among discounted stocks with rebound potential — useful for value-oriented investors but not an immediate catalyst. 3 Discounted Stocks With Strong Rebound Potential (LEN)
• Negative Sentiment: Wells Fargo cut its price target to $90 (equal-weight), signaling reduced upside and dampening momentum from institutional investors. Wells Fargo adjusts price target on Lennar to $90
• Negative Sentiment: Barclays lowered its target to $80 and kept an underweight rating — a sharper negative signal that could trigger further selling from funds following Barclays’ coverage. Barclays adjusts price target on Lennar to $80
• Negative Sentiment: Zacks Research cut Q4 2027 and FY2027–FY2028 EPS forecasts (material downgrades to forward earnings) — suggests analysts expect weaker near-term margins and revenue vs. prior views. Zacks cuts Lennar EPS estimates
• Negative Sentiment: Brokerage consensus has slid toward “Reduce” coverage and broader negative commentary; coupled with recent analysis on why LEN fell sharply in March, this continues to pressure sentiment and sell-side conviction. Why Lennar Corporation Stock Fell 24.1% In March Consensus Rating of “Reduce”

Lennar Company Profile

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.