Lennar (NYSE:LEN) Stock Crosses Above Two Hundred Day Moving Average on Analyst Downgrade

Posted by Francis Steltz on Nov 5th, 2026

Lennar Corporation (NYSE:LEN – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday after Wells Fargo & Company raised their price target on the stock from $75.00 to $80.00. The stock has a 200-day moving average of $91.10 and traded as high as $93.89. Wells Fargo & Company currently has an equal weight rating on the stock. Lennar shares last traded at $91.9950, with a volume of 7,358,791 shares changing hands.

A number of other brokerages also recently weighed in on LEN. Citigroup cut their target price on Lennar from $88.00 to $85.00 and set a “neutral” rating on the stock in a research note on Monday, September 21st. BTIG Research reiterated a “sell” rating and issued a $63.00 price target on shares of Lennar in a research report on Friday, September 18th. Royal Bank Of Canada reduced their price target on shares of Lennar from $85.00 to $69.00 and set an “underperform” rating for the company in a research report on Friday, September 18th. Truist Financial dropped their target price on shares of Lennar from $80.00 to $75.00 and set a “hold” rating for the company in a research report on Wednesday, September 16th. Finally, Benchmark upgraded Lennar to a “hold” rating in a research report on Thursday, September 3rd. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and eleven have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Strong Sell” and an average target price of $78.87.

View Our Latest Stock Report on LEN

Insider Transactions at Lennar

In other Lennar news, major shareholder Berkshire Hathaway Inc acquired 1,708,095 shares of the stock in a transaction that occurred on Friday, October 2nd. The shares were acquired at an average cost of $79.44 per share, with a total value of $135,691,066.80. Following the transaction, the insider owned 28,438,045 shares of the company’s stock, valued at $2,259,118,294.80. The trade was a 6.39% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have bought 7,502,276 shares of company stock valued at $595,303,287 over the last three months. 10.05% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Janus Henderson Group PLC grew its position in Lennar by 19.7% in the 1st quarter. Janus Henderson Group PLC now owns 2,546,970 shares of the construction company’s stock valued at $221,176,000 after acquiring an additional 419,745 shares during the last quarter. Swiss National Bank lifted its position in shares of Lennar by 4.8% during the first quarter. Swiss National Bank now owns 601,468 shares of the construction company’s stock worth $52,231,000 after purchasing an additional 27,500 shares during the last quarter. Nan Shan Life Insurance Co. Ltd. lifted its position in shares of Lennar by 6,292.5% during the second quarter. Nan Shan Life Insurance Co. Ltd. now owns 328,000 shares of the construction company’s stock worth $29,681,000 after purchasing an additional 322,869 shares during the last quarter. California Public Employees Retirement System boosted its stake in shares of Lennar by 2.3% during the first quarter. California Public Employees Retirement System now owns 313,354 shares of the construction company’s stock valued at $27,212,000 after purchasing an additional 7,103 shares during the period. Finally, Empowered Funds LLC boosted its stake in shares of Lennar by 322.4% during the first quarter. Empowered Funds LLC now owns 309,880 shares of the construction company’s stock valued at $26,910,000 after purchasing an additional 236,524 shares during the period. 81.10% of the stock is currently owned by institutional investors.

Lennar Trading Up 6.9%

The stock’s fifty day moving average price is $81.21 and its 200 day moving average price is $91.10. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.94 and a quick ratio of 0.69. The stock has a market capitalization of $21.89 billion, a P/E ratio of 17.39, a PEG ratio of 3.23 and a beta of 1.36.

Lennar (NYSE:LEN – Get Free Report) last announced its quarterly earnings data on Wednesday, September 16th. The construction company reported $1.23 earnings per share for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.06). The company had revenue of $8.05 billion for the quarter, compared to the consensus estimate of $8.32 billion. Lennar had a net margin of 4.09% and a return on equity of 6.15%. The company’s quarterly revenue was down 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.00 EPS. Research analysts forecast that Lennar Corporation will post 4.88 earnings per share for the current year.

Lennar Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 22nd. Investors of record on Wednesday, October 7th were issued a $0.50 dividend. The ex-dividend date was Wednesday, October 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.2%. Lennar’s payout ratio is presently 37.81%.

About Lennar

(Get Free Report)

Lennar Corporation (NYSE:LEN) is a homebuilding and real estate company that develops, constructs, and sells primarily single-family homes. The company offers homes across a range of price points and designs, including residences for first-time, move-up, luxury, and active-adult buyers. Its operations also include land acquisition and development, allowing Lennar to prepare communities and lots for residential construction.

In addition to homebuilding, Lennar develops multifamily rental properties and provides related financial services.