A number of firms have modified their ratings and price targets on shares of Lennar (NYSE: LEN) recently:
- 9/17/2026 – Lennar had its “market perform” rating reaffirmed by Citizens Jmp.
- 9/16/2026 – Lennar had its price target lowered by Truist Financial Corporation from $80.00 to $75.00. They now have a “hold” rating on the stock.
- 9/14/2026 – Lennar had its price target lowered by Bank of America Corporation from $77.00 to $70.00. They now have an “underperform” rating on the stock.
- 9/11/2026 – Lennar had its price target lowered by Wells Fargo & Company from $85.00 to $80.00. They now have an “equal weight” rating on the stock.
- 9/8/2026 – Lennar had its “sell (d+)” rating reaffirmed by Weiss Ratings.
- 9/3/2026 – Lennar was upgraded by Benchmark Co. to “hold”.
- 8/6/2026 – Lennar had its price target lowered by Truist Financial Corporation from $90.00 to $80.00. They now have a “hold” rating on the stock.
Lennar Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.5%. Lennar’s dividend payout ratio (DPR) is currently 37.81%.
Lennar operates across many of the country’s major housing markets, including communities in the West, Southwest, Southeast, Mid-Atlantic, and other metropolitan areas. Its homebuilding operations offer a variety of floor plans and home designs, while the company also develops residential communities and provides related services such as mortgage financing, title, and closing services through its financial-services businesses.
In addition to traditional homebuilding, Lennar has expanded into multifamily development and other residential real-estate activities.
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