Lennar (LEN) Expected to Release Quarterly Earnings on Wednesday

Lennar (NYSE:LEN) is expected to post its Q3 2026 results after the market closes on Wednesday, September 16th. Analysts expect Lennar to post earnings of $1.29 per share and revenue of $8.3187 billion for the quarter. Investors may review the information on the company’s upcoming Q3 2026 earning report page for the latest details on the call scheduled for Thursday, September 17, 2026 at 11:00 AM ET.

Lennar (NYSE:LEN) last announced its quarterly earnings results on Thursday, June 11th. The construction company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.07. Lennar had a net margin of 4.93% and a return on equity of 7.08%. The firm had revenue of $7.94 billion for the quarter, compared to analysts’ expectations of $8.08 billion. During the same quarter in the previous year, the company posted $1.81 EPS. The company’s revenue was down 5.2% compared to the same quarter last year. On average, analysts expect Lennar to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Lennar Trading Up 0.0%

Shares of LEN opened at $79.64 on Monday. Lennar has a 12-month low of $76.63 and a 12-month high of $140.00. The firm has a market capitalization of $19.18 billion, a P/E ratio of 12.46, a P/E/G ratio of 2.67 and a beta of 1.39. The firm has a 50-day moving average price of $84.79 and a 200 day moving average price of $89.49. The company has a current ratio of 4.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.19.

Lennar Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $2.00 annualized dividend and a dividend yield of 2.5%. Lennar’s dividend payout ratio is 31.30%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Keefe, Bruyette & Woods cut their price target on shares of Lennar from $86.00 to $85.00 and set an “underperform” rating for the company in a report on Wednesday, June 17th. Bank of America decreased their price objective on Lennar from $84.00 to $77.00 and set an “underperform” rating on the stock in a report on Friday, June 12th. Wells Fargo & Company cut their target price on Lennar from $85.00 to $80.00 and set an “equal weight” rating for the company in a research note on Friday. Argus set a $108.00 target price on Lennar in a research report on Thursday, July 9th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Lennar in a report on Tuesday, September 8th. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and ten have assigned a Sell rating to the company. According to MarketBeat.com, Lennar has an average rating of “Reduce” and a consensus target price of $91.80.

Institutional Investors Weigh In On Lennar

Several institutional investors and hedge funds have recently modified their holdings of LEN. Brighton Jones LLC boosted its stake in shares of Lennar by 27.9% in the fourth quarter. Brighton Jones LLC now owns 1,727 shares of the construction company’s stock valued at $236,000 after purchasing an additional 377 shares during the period. Rossby Financial LCC boosted its position in Lennar by 9.1% in the 4th quarter. Rossby Financial LCC now owns 1,059 shares of the construction company’s stock valued at $109,000 after buying an additional 88 shares during the period. Federated Hermes Inc. increased its position in shares of Lennar by 1,360.3% during the fourth quarter. Federated Hermes Inc. now owns 920 shares of the construction company’s stock worth $95,000 after acquiring an additional 857 shares during the period. Zions Bancorporation National Association UT raised its stake in shares of Lennar by 27.0% in the fourth quarter. Zions Bancorporation National Association UT now owns 1,431 shares of the construction company’s stock valued at $147,000 after acquiring an additional 304 shares in the last quarter. Finally, von Borstel & Associates Inc. purchased a new position in Lennar in the third quarter valued at $207,000. Hedge funds and other institutional investors own 81.10% of the company’s stock.

About Lennar

Lennar Corporation is one of the largest homebuilders in the United States. Founded in 1954 and headquartered in Miami, Florida, the company designs, constructs, and sells single-family homes and communities for a range of buyers, including first-time, move-up, and active-adult purchasers.

Lennar operates across many of the country’s major housing markets, including communities in the West, Southwest, Southeast, Mid-Atlantic, and other metropolitan areas. Its homebuilding operations offer a variety of floor plans and home designs, while the company also develops residential communities and provides related services such as mortgage financing, title, and closing services through its financial-services businesses.

In addition to traditional homebuilding, Lennar has expanded into multifamily development and other residential real-estate activities.