NYSE:LEN
Lennar Corp. (LEN)
Financials 
Technical Analysis 
Aug 6, 2026, 12:00 amThis summary was created by AI, based on 9 opinions in the last 12 months.
Lennar Corp. faces challenges due to elevated interest rates, impacting housing affordability and construction volumes. While there's a consensus among experts that the housing market may improve as rates eventually decrease, the timing remains uncertain. Some analysts suggest a cyclical recovery for homebuilders, highlighting that new homes are increasingly competitive with existing ones. However, factors such as reorganization complexities and regulatory restrictions on institutional ownership of homes are affecting investor sentiment. Despite these challenges, many experts retain a positive outlook on the long-term potential of the housing sector.
Is up today, likely from guidance from Toll Brothers. Are lots of tailwinds for homebuilders: falling interest rates and Kamala Harris' pledge in this scetor.
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Premium contentOur PAST TOP PICK with LEN has triggered its stop at $149. To remain disciplined we recommend covering the position at this time. This will result in a net investment gain of 2%, when combined with our previous buy recommendations.
They report Monday. Housing the linchpin of the economy and prices keep climbing. We need to hear if they will build more homes or keep the supply so tight that housing prices won't come down. The buildings are limiting supply to keep gross margins up and prices up, but it's terrible to fight inflation. Housing stocks have hung up because we have a housing shortage, but how long can this last when we see pushback on the prices of other items like dining out, apparel and airline tickets, all of which have risen dramatically in the last 5 years.
Premium contentWe reiterate LEN as a TOP PICK. Earnings will be reported next week, so we will recommend keeping a tight stop at $149, looking to achieve $180 --upside potential of 16%. This will be a good indicator of the US home building market. It trades at 11x earnings and under 2x book value, while supporting a 15% ROE. Yield 1.0%
(Analysts’ price target is $180.35)Shares have done phenomenally. He likes the space, has more indirect exposure through building supply stores rather than homebuilders. Shortage of homes in US. Trading at 10x next year's earnings, not expensive.
Jamie Murray Premium contentWe reiterate this Florida-based home construction company as a TOP PICK. Analysts continue to see a long runway of projects being run efficiently. Cash reserves are growing, while shares are aggressively bought back and debt is retired. It trades at 11x earnings and under 2x book, while supporting a 15% ROE. We continue to recommend a stop at $149, looking to achieve $180 -- upside potential of 15%. Yield 1.1%
(Analysts’ price target is $180.35)Expects continued balance sheet strengthening more. Free cash is strong as is new home orders, 25-30% up. Palantir said that Lennar is using their AI.
Joe Terranova
Premium contentIn a low interest rate environment, mortgages are more accessible and homebuilders are busier. Undersupply of homes for a couple of decades, in both Canada and US. Homebuilders have all become more efficient in buying land and building on it. Trades at 9.5x earnings, with earnings growing in the low teens. Yield is 1.3%.
(Analysts’ price target is $161.23)
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'%20fill='%23ffffff'%3e%3cg%20id='Pager'%20transform='translate(423.000000,%201755.000000)'%3e%3cpath%20d='M243.295367,17.286474%20C243.68919,16.9045087%20244.327703,16.9045087%20244.721525,17.286474%20L249,21.4361302%20L253.278475,17.286474%20C253.672297,16.9045087%20254.31081,16.9045087%20254.704633,17.286474%20C255.098456,17.6684393%20255.098456,18.2877274%20254.704633,18.6696927%20L249.35654,23.856763%20C249.159628,24.0477457%20248.840372,24.0477457%20248.64346,23.856763%20L243.295367,18.6696927%20C242.901544,18.2877274%20242.901544,17.6684393%20243.295367,17.286474%20Z'%20id='Path'%20transform='translate(249.000000,%2020.500000)%20rotate(-90.000000)%20translate(-249.000000,%20-20.500000)%20'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
Cash flow yield of 11% and strong technicals.