Wells Fargo & Company Lowers Lennar (NYSE:LEN) Price Target to $105.00

Lennar (NYSE:LEN) had its price objective dropped by stock analysts at Wells Fargo & Company from $110.00 to $105.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the construction company’s stock. Wells Fargo & Company‘s target price would suggest a potential upside of 1.03% from the company’s current price.

A number of other equities analysts have also recently issued reports on LEN. JMP Securities lifted their target price on shares of Lennar from $130.00 to $140.00 and gave the stock a “market outperform” rating in a research report on Monday, September 22nd. The Goldman Sachs Group restated a “neutral” rating and set a $120.00 price objective on shares of Lennar in a research report on Thursday, December 18th. Barclays dropped their price target on Lennar from $98.00 to $88.00 and set an “underweight” rating for the company in a research report on Thursday, December 18th. Wall Street Zen lowered Lennar from a “hold” rating to a “sell” rating in a research note on Monday, December 8th. Finally, Evercore ISI lowered shares of Lennar from an “in-line” rating to an “underperform” rating and reduced their target price for the company from $114.00 to $92.00 in a report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have given a Hold rating and seven have given a Sell rating to the company’s stock. According to MarketBeat.com, Lennar presently has an average rating of “Reduce” and an average price target of $108.08.

Lennar Stock Down 2.3%

LEN stock opened at $103.93 on Tuesday. The stock has a market capitalization of $26.50 billion, a PE ratio of 13.01, a price-to-earnings-growth ratio of 1.15 and a beta of 1.42. Lennar has a one year low of $98.42 and a one year high of $144.24. The company has a fifty day moving average of $117.34 and a 200-day moving average of $121.27. 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 announced its quarterly earnings data on Tuesday, December 16th. The construction company reported $2.03 earnings per share for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.27). Lennar had a return on equity of 9.27% and a net margin of 6.08%.The business had revenue of $9.37 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same period in the prior year, the company earned $4.03 EPS. The company’s revenue was down 5.8% on a year-over-year basis. As a group, analysts expect that Lennar will post 12.48 EPS for the current year.

Institutional Trading of Lennar

Institutional investors have recently modified their holdings of the company. Guerra Advisors Inc acquired a new position in Lennar during the third quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Lennar during the 3rd quarter worth $25,000. Redmont Wealth Advisors LLC purchased a new stake in Lennar during the 3rd quarter worth $26,000. FNY Investment Advisers LLC purchased a new position in Lennar in the second quarter valued at about $33,000. Finally, Rexford Capital Inc. purchased a new position in Lennar in the second quarter valued at about $36,000. 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: Lennar reached a strategic partnership with TPG to sell a majority interest in its multifamily platform Quarterra, which brings in cash, transfers near-term multifamily losses and lets Lennar retain a minority stake — a potential near-term balance-sheet and earnings benefit. Read More.
• Positive Sentiment: Reports indicate TPG committed an additional ~$1B and the transaction is being described as a $1B-scale deal, providing material capital to support Lennar’s multifamily repositioning and reduce ongoing losses. Read More.
• Neutral Sentiment: Sector commentary notes homebuilders have momentum early in the year and may offer incentives to sustain demand — a macro tailwind that could help Lennar if conditions stabilize. Read More.
• Neutral Sentiment: Small, localized land/property purchases by Lennar affiliates (e.g., Miami‑Dade acquisition) show continued land deployment but are not material to the company-wide outlook. Read More.
• Negative Sentiment: Lennar reported an underwhelming Q4: EPS of $2.03 missed consensus (~$2.30) and revenue fell year-over-year, raising near-term earnings concerns and pressuring the stock. Read More.
• Negative Sentiment: Multiple analyst actions followed the results: UBS downgraded Lennar from Buy to Neutral/Market Perform, and Wells Fargo cut its price target to $105 (Equal Weight), signaling reduced near-term upside from the sell-side. Read More. Read More.
• Negative Sentiment: Analyst commentary and independent write-ups highlight weak demand, margin pressure and management turnover — factors that could depress sentiment until revenue and margin trends stabilize. Read More.

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.