Lennar (NYSE:LEN) Updates Q1 2025 Earnings Guidance

Lennar (NYSE:LEN) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.600-1.800 for the period, compared to the consensus estimate of 3.650. The company issued revenue guidance of -. Lennar also updated its Q1 guidance to $1.60-$1.80 EPS.

Lennar Stock Performance

NYSE LEN traded down $7.53 on Thursday, hitting $138.40. The stock had a trading volume of 6,265,438 shares, compared to its average volume of 2,078,386. The company’s 50-day moving average is $170.57 and its two-hundred day moving average is $169.80. The stock has a market cap of $37.54 billion, a price-to-earnings ratio of 9.17, a P/E/G ratio of 1.31 and a beta of 1.61. The company has a quick ratio of 0.98, a current ratio of 4.90 and a debt-to-equity ratio of 0.08. Lennar has a one year low of $135.21 and a one year high of $193.80.

Lennar (NYSE:LEN) last released its earnings results on Wednesday, December 18th. The construction company reported $4.03 EPS for the quarter, missing the consensus estimate of $4.15 by ($0.12). Lennar had a net margin of 11.51% and a return on equity of 15.47%. The company had revenue of $9.95 billion for the quarter, compared to analyst estimates of $10.06 billion. During the same period in the previous year, the business posted $4.82 EPS. The firm’s quarterly revenue was down 9.3% on a year-over-year basis. On average, analysts expect that Lennar will post 14.11 earnings per share for the current year.

Lennar Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Wednesday, October 9th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date was Wednesday, October 9th. Lennar’s payout ratio is 13.25%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on LEN shares. Evercore ISI reduced their price objective on Lennar from $240.00 to $236.00 and set an “outperform” rating for the company in a research note on Monday, September 23rd. Citigroup upped their price objective on shares of Lennar from $164.00 to $196.00 and gave the company a “neutral” rating in a research note on Monday, September 23rd. Bank Of America (Bofa) boosted their price target on shares of Lennar from $171.00 to $190.00 and gave the company a “neutral” rating in a report on Friday, September 20th. Zelman & Associates raised shares of Lennar from a “neutral” rating to an “outperform” rating in a research note on Monday, September 23rd. Finally, JMP Securities boosted their target price on shares of Lennar from $170.00 to $210.00 and gave the company a “market outperform” rating in a research note on Wednesday, September 25th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $182.88.

Insider Activity at Lennar

In other news, Director Jeffrey Sonnenfeld sold 17,500 shares of the business’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $175.13, for a total transaction of $3,064,775.00. Following the transaction, the director now owns 23,689 shares in the company, valued at approximately $4,148,654.57. The trade was a 42.49 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 9.36% of the stock is owned by corporate insiders.

About Lennar

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company’s homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.