Wall Street analyst estimates for Lennar Corporation (LEN): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Lennar Corporation, an influential homebuilder in the United States, operates primarily under its widely recognized Lennar brand, alongside its various subsidiaries. The company structures its diverse business initiatives across several distinct divisions: regional homebuilding segments (East, Central, Texas, and West), a Financial Services arm, a Multifamily property development unit, and a broader "Lennar Other" category.
Consensus price target
$77.38 (-11 % vs price $86.94)
between $63.00 and $108.00 · 8 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $31.5B | $30.9B – $32.4B | $4.82 | 10 |
| 2027E | $31.9B | $31.1B – $33.7B | $5.11 | 12 |
| 2028E | $33.7B | $31.8B – $37.3B | $6.40 | 10 |
Fiscal year ending in November · figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 23 |
| Hold | 18 |
| Sell | 9 |
| Strong Sell | 0 |
| Total analysts | 50 |
| Avg rating (−2 sell to +2 buy) | 0.28 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-12-15 | $1.48 | ||
| 2026-09-16 | $1.23 | $1.28 | -3.9% |
| 2026-06-11 | $1.24 | $1.24 | +0.0% |
| 2026-03-12 | $0.93 | $0.95 | -2.4% |
| 2025-12-16 | $1.93 | $2.21 | -12.7% |
| 2025-09-18 | $2.00 | $2.10 | -4.8% |
| 2025-06-16 | $1.90 | $1.94 | -2.1% |
| 2025-03-20 | $2.14 | $1.70 | +25.9% |
Valuation Ratios
| P/E Ratio | 16.43 |
| Price / Book | 0.96 |
| Dividend Yield | 2.30% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.95B | $12.65B | $20.57B | $22.26B | $22.49B | $27.13B | $33.67B | $34.23B | $35.44B | $34.19B |
| Cost of Revenue | $9.46B | $11.02B | $18.24B | $19.46B | $19.01B | $21.59B | $26.47B | $28.29B | $29.94B | $30.80B |
| Gross Profit | $1.49B | $1.62B | $2.33B | $2.80B | $3.47B | $5.54B | $7.20B | $5.94B | $5.50B | $3.39B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $232.6M | $285.9M | $343.9M | $321.2M | $333.4M | $398.4M | $414.5M | $501.3M | $649.0M | $636.7M |
| Operating Expenses | $232.6M | $285.9M | $343.9M | $321.2M | $333.4M | $398.4M | $414.5M | $501.3M | $649.0M | $636.7M |
| Operating Income | $1.26B | $1.34B | $1.99B | $2.48B | $3.14B | $5.14B | $6.79B | $5.44B | $4.85B | $2.75B |
| EBITDA | $1.31B | $1.41B | $2.08B | $2.57B | $3.24B | $5.93B | $6.12B | $5.33B | $5.32B | $2.96B |
| Interest Expense | $4.6M | $7.2M | $11.3M | $17.6M | $22.4M | $20.1M | $19.1M | $15.4M | $18.8M | $13.9M |
| Pre-tax Income | $1.33B | $1.19B | $2.26B | $2.43B | $3.12B | $5.82B | $6.01B | $5.20B | $5.18B | $2.81B |
| Income Tax | $417.4M | $417.9M | $545.2M | $592.2M | $656.2M | $1.36B | $1.37B | $1.24B | $1.22B | $705.6M |
| Net Income | $911.8M | $810.5M | $1.70B | $1.85B | $2.47B | $4.43B | $4.61B | $3.94B | $3.93B | $2.08B |
| EPS | $4.05 | $3.38 | $5.46 | $5.76 | $7.88 | $14.28 | $15.74 | $13.73 | $14.31 | $7.98 |
| EPS (Diluted) | $3.85 | $3.38 | $5.44 | $5.74 | $7.85 | $14.27 | $15.72 | $13.73 | $14.31 | $7.98 |
| Shares Outstanding (Diluted) | 235.3 M | 237.2 M | 308.6 M | 318.4 M | 309.4 M | 306.6 M | 289.8 M | 283.3 M | 272.0 M | 257.7 M |
Price
| Price | $86.94 (closing price, October 30, 2026) |
| Market Cap | $20.7B |
| Exchange | NYSE |
| Country | US |
Related companies: CVCO · DHI · PHM · NVR · TOL · MTH · MHO · KBH
Explore sector: Consumer Cyclical · Residential Construction
More sections of LEN: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks