Raymond James has downgraded Lennar Corp (LEN) to Underperform from Market Perform, effective September 21, 2025. The current share price stands at $122.18.
This move underscores increased caution regarding the company's outlook, potentially reflecting concerns about competitive pressures and market conditions that could impact performance. Lennar Corp engages in real estate-related financial and investment management services, employing 13,265 people in the U.S. Its operations span various segments, including homebuilding and financial services, with a market cap of $29.6 billion and a P/E ratio of 11.04.
Lennar's upcoming earnings report is scheduled for June 15, 2026, with an estimated EPS of $1.98 and revenue of $8.4 billion. Recent earnings performance shows a Q3 2025 EPS of $2.29, surpassing estimates by 7.9%. Analyst consensus indicates a Hold rating, with 3 Strong Buy, 5 Buy, 15 Hold, 1 Sell, and no Strong Sell ratings among 24 analysts.
Analyst ratings provide professional insights based on research and financial models. However, they should be considered alongside company fundamentals, competitive positioning, and individual financial goals, as views can vary and change over time.