US · Consumer Cyclical · Residential Construction
EPS came in at 2.00 against a street estimate of 1.31 — a beat of 52.7%.
Analysts rate Lennar Corporation a sell (2 buy, 9 hold, 10 sell out of 21) with an average price target of $77.87.
CAUTIOUS Lennar delivered 20,840 homes with 15.8% gross margin despite rising rates (now ~7%) and inflation pressuring affordability. Management prioritizes volume over margin to clear expensive land; land basis remains the margin headwind. Q4 guidance implies 22,000–23,000 deliveries. Q3 2026 Texas and Florida—Lennar's two largest markets—face elevated resale supply, pressuring new home pricing and incentives. Analysts pressed on inventory turns, cash deployment, and labor cost pressures. Management emphasized discipline: turns are volume-constrained, capital balanced between debt/buybacks/dividends, and labor tightness is addressable via scale and trade partnerships. No near-term relief expected from rates or policy. 2026-09-17…
Full summary in the app.
| Fund | Stake |
|---|---|
| BlackRock Inc | 7.71% |
| Berkshire Hathaway Inc | 5.51% |
| Vanguard Capital Management, LLC | 5.47% |
| Greenhaven Associates Inc | 4.76% |
| Eagle Capital Management LLC | 4.49% |
| State Street Corp | 4.38% |
| Vanguard Portfolio Management, LLC | 4.01% |
| Aristotle Capital Management LLC | 3.29% |
| Document | Date |
|---|---|
| Company announcement · Q4 FY2026 HEADLINE NUMBERS • Lennar completed an offering of $600 million in senior notes on October 15, 2026. • The offering included: • $300 million of 5. | 2026-10-15 |
| Quarterly report · Q3 FY2026 HEADLINE NUMBERS • Third-quarter fiscal 2026 revenue was $8,046,119, down from $8,810,278 in the prior-year quarter. • Net earnings attributable to | 2026-10-02 |
| Results announced · Q4 FY2026 LENNAR CORPORATION – Q3 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net earnings per diluted share: $1.19 (Q3 2026) vs. $2.29 (Q3 2025) – down 48% • Ad | 2026-09-16 |
| Quarterly report · Q2 FY2026 LENNAR CORPORATION - FORM 10-Q SUMMARY For Quarter Ended May 31, 2026 --- HEADLINE NUMBERS • Total assets: $33.7 billion (down from $34.4 billion a | 2026-06-29 |
| Reg FD disclosure · Q3 FY2026 LENNAR CORPORATION (LEN) - 8-K FILING SUMMARY June 12, 2026 --- OTHER NOTABLE POINTS • Filing Type: Form 8-K Current Report filed June 12, 2026 - d | 2026-06-12 |
| Results announced · Q3 FY2026 LENNAR CORPORATION – Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net earnings: $305 million ($304.8 million attributable to Lennar) • Diluted earnin | 2026-06-11 |
| Board / officer change · Q3 FY2026 LENNAR CORPORATION - FORM 8-K SUMMARY (June 5, 2026) BUSINESS & SEGMENT HIGHLIGHTS • Jim Parker appointed as Chief Operating Officer effective June | 2026-06-08 |
| Shareholder vote results · Q2 FY2026 LENNAR CORPORATION - FORM 8-K SUMMARY HEADLINE NUMBERS • Annual Meeting held April 8, 2026 with five proposals submitted to stockholders for voting | 2026-04-13 |
Readable in the app.
| Action | Detail | Date |
|---|---|---|
| Dividend | $0.50 / share ex-date Oct 7, 2026 · pay Oct 22, 2026 | 2026-10-07 |
| Dividend | $0.50 / share ex-date Jul 10, 2026 · pay Jul 24, 2026 | 2026-07-10 |
| Dividend | $0.50 / share ex-date Apr 22, 2026 · pay May 6, 2026 | 2026-04-22 |
| Dividend | $0.50 / share ex-date Feb 4, 2026 · pay Feb 19, 2026 | 2026-02-04 |
| Dividend | $0.50 / share ex-date Oct 10, 2025 · pay Oct 27, 2025 | 2025-10-10 |
| Split | 1033 : 1000 effective Jan 21, 2025 | 2025-01-21 |
Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for Lennar Corporation — free to start.
Open in the appGoogle PlayApp StoreData updated 2026-10-19.