Traders Purchase High Volume of Lennar Call Options (NYSE:LEN)

Posted by Brenda Bartman on Aug 27th, 2026

Lennar Corporation (NYSE:LEN – Get Free Report) was the target of unusually large options trading on Thursday. Stock traders acquired 12,510 call options on the stock. This represents an increase of approximately 120% compared to the typical volume of 5,683 call options.

Lennar Stock Down 2.3%

NYSE:LEN traded down $1.98 during trading hours on Thursday, reaching $85.17. 853,854 shares of the company traded hands, compared to its average volume of 2,822,421. The business’s 50-day moving average price is $86.51 and its two-hundred day moving average price is $92.54. The stock has a market capitalization of $20.52 billion, a P/E ratio of 13.34, a P/E/G ratio of 2.91 and a beta of 1.39. Lennar has a 1 year low of $79.82 and a 1 year high of $144.24. The company has a current ratio of 4.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.19.

Lennar (NYSE:LEN – Get Free Report) last released its earnings results on Thursday, June 11th. The construction company reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.07. Lennar had a return on equity of 7.08% and a net margin of 4.93%.The firm had revenue of $7.94 billion for the quarter, compared to analysts’ expectations of $8.08 billion. During the same period in the prior year, the firm posted $1.81 earnings per share. The company’s quarterly revenue was down 5.2% on a year-over-year basis. Analysts predict that Lennar will post 5.52 earnings per share for the current year.

Lennar Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $2.00 annualized dividend and a yield of 2.3%. Lennar’s payout ratio is 31.30%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on LEN. Royal Bank Of Canada decreased their target price on Lennar from $88.00 to $85.00 and set an “underperform” rating for the company in a report on Monday, June 15th. Zacks Research cut shares of Lennar from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 16th. Truist Financial decreased their price target on shares of Lennar from $90.00 to $80.00 and set a “hold” rating for the company in a research note on Thursday, August 6th. BTIG Research set a $67.00 price objective on Lennar in a research report on Monday, June 15th. Finally, Evercore raised their target price on Lennar from $82.00 to $87.00 and gave the company an “underperform” rating in a research note on Monday, June 15th. One investment analyst has rated the stock with a Buy rating, seven have issued a Hold rating and ten have issued a Sell rating to the company. Based on data from MarketBeat.com, Lennar has a consensus rating of “Reduce” and an average target price of $92.13.

Get Our Latest Analysis on Lennar

Institutional Investors Weigh In On Lennar

Several institutional investors and hedge funds have recently made changes to their positions in the company. Phillip James Consulting Co. purchased a new position in Lennar in the 1st quarter worth approximately $30,000. DV Equities LLC purchased a new stake in Lennar during the 4th quarter valued at $31,000. Global Assets Advisory LLC bought a new stake in shares of Lennar in the 1st quarter worth $39,000. Quarry LP purchased a new position in shares of Lennar in the fourth quarter worth $41,000. Finally, IFC & Insurance Marketing Inc. bought a new position in shares of Lennar during the fourth quarter valued at $45,000. Institutional investors own 81.10% of the company’s stock.

Lennar Company Profile

(Get Free Report)

Lennar Corporation (NYSE: LEN) is a U.S.-based homebuilder and real estate company that designs, constructs and sells residential housing. The company offers a range of product types including single-family detached homes, townhomes and condominiums, serving buyers from entry-level and first-time purchasers to move-up, active-adult and luxury segments. Lennar also develops master-planned communities and manages land acquisition and entitlement activities that support its homebuilding operations.

In addition to home construction and sales, Lennar provides a suite of ancillary services intended to streamline the purchase process and capture additional value.