RBC Capital Mkts upgraded Lennar from Underperform to Sector Perform and set a new price target of $130.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/24/2025 | $159.00 → $131.00 | Outperform → In-line | Evercore ISI |
| 3/11/2025 | $152.00 → $141.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 3/6/2025 | $154.00 | Neutral → Buy | Seaport Research Partners |
| 1/10/2025 | $130.00 | Underperform → Sector Perform | RBC Capital Mkts |
| 1/8/2025 | Outperform → Peer Perform | Wolfe Research | |
| 12/20/2024 | Buy → Neutral | BTIG Research | |
| 12/11/2024 | $210.00 → $181.00 | Overweight → Equal Weight | Barclays |
| 10/7/2024 | $205.00 → $190.00 | Overweight → Equal Weight | Wells Fargo |
MIAMI, June 19, 2025 /PRNewswire/ -- Lennar Corporation (NYSE:LEN), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on July 18, 2025 to holders of record at the close of business on July 3, 2025. About LennarLennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, thro
Second Quarter 2025 Highlights - comparisons to the prior year quarter Net earnings per diluted share of $1.81 ($1.90 excluding mark-to-market losses on technology investments)Net earnings of $477 millionNew orders increased 6% to 22,601 homesBacklog of 15,538 homes with a dollar value of $6.5 billionDeliveries increased 2% to 20,131 homesTotal revenues of $8.4 billionHomebuilding operating earnings of $728 millionGross margin on home sales of 17.8% (18.0% excluding purchase accounting)SG&A expenses as a % of revenues from home sales of 8.8%Net margin on home sales of 8.9% (9.2% excluding purchase accounting)Financial Services operating earnings of $157 millionMultifamily operating loss of $
WESLEY CHAPEL, Fla., June 5, 2025 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, is now selling at The Townes at Arbors at Wiregrass, a new community of luxury townhomes in Wesley Chapel, FL. Offering three unique floorplans in a desirable location, The Townes at Arbors at Wiregrass is the ideal community for buyers looking for peaceful yet connected living in the Tampa area. "The Townes at Arbors at Wiregrass represents a new standard in luxury townhome living, offering spacious and desirable townhomes in Wesley Chapel," said Brian Batten, Division Preside