Top Wall Street Forecasters Revamp Lennar Expectations Ahead Of Q2 Earnings

Benzinga Earnings
06/11

Lennar Corporation (NYSE:LEN) will release earnings for its second quarter after the closing bell on Thursday, June 11.

Analysts expect the home construction company to report quarterly earnings of $1.25 per share. That's down from $1.90 per share in the year-ago period. The consensus estimate for Lennar’s quarterly revenue is $8.02 billion. It reported $8.38 billion last year, according to Benzinga Pro.

The company has beaten analyst estimates for revenue in six of the last 10 quarters, but missed estimates in the most recently reported first quarter.

Lennar shares fell 0.9% to close at $148.69 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Keefe, Bruyette & Woods analyst Jade Rahmani downgraded the stock from Market Perform to Underperform and cut the price target from $97 to $86 on June 9, 2026. This analyst has an accuracy rate of 66%.
  • Evercore ISI Group analyst Stephen Kim maintained an Underperform rating and slashed the price target from $89 to $82 on April 13, 2026. This analyst has an accuracy rate of 63%.
  • Wells Fargo analyst Sam Reid maintained an Equal-Weight rating and cut the price target from $100 to $90 on April 8, 2026. This analyst has an accuracy rate of 60%.
  • Barclays analyst Matthew Bouley maintained an Underweight rating and slashed the price target from $85 to $80 on April 8, 2026. This analyst has an accuracy rate of 65%.
  • Seaport Global analyst Kenneth Zener downgraded the stock from Buy to Sell and cut the price target from $140 to $74 on April 7, 2026. This analyst has an accuracy rate of 69%.

Considering buying LEN stock? Here’s what analysts think:

Photo via Shutterstock

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