Lennar Corporation (LEN) Stock Falls on Q2 2026 Earnings

Lennar Corporation (LEN) Q2 2026 results:

Total revenues: $7.9 billion (down 5.22% year-over-year).

Gross profit: $7.9 billion (up 887.02% year-over-year).

Operating profit: $7.9 billion (up 1163.41% year-over-year).

Net income attributable to common shareholders: $304.8 million (down 36.17% year-over-year).

Diluted earnings per share: $1.24 (down 31.49% year-over-year).

Cash used in operating activities: $433.5 million (down 60.41% year-over-year).

Purchases of property, plant and equipment: $30.0 million (up 97.11% year-over-year).

Cash and cash equivalents: $1.82 billion (up 55.48% year-over-year).

Cost of sales: $6.23 billion (down 17.75% year-over-year).

Total liabilities: $11.94 billion (up 2.52% year-over-year).

Revenue vs. estimate: reported $7.9 billion vs estimate $8.10 billion.

EPS vs. estimate: reported $1.24 vs estimate $1.26.

Stock price change since market close: -1.47%.

Overall, Lennar (LEN) posted a revenue decline while reporting strong jumps in gross and operating profit; however, net income and EPS fell year-over-year and operating cash flow weakened, even as cash on hand increased.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

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Lennar Corporation Hedge Fund Activity

We have seen 462 institutional investors add shares of Lennar Corporation stock to their portfolio, and 584 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BERKSHIRE HATHAWAY INC added 3,048,692 shares (+43.2%) to their portfolio in Q1 2026, for an estimated $264,748,413
JPMORGAN CHASE & CO removed 2,719,284 shares (-48.2%) from their portfolio in Q4 2025, for an estimated $279,542,395
FMR LLC removed 1,792,812 shares (-55.8%) from their portfolio in Q1 2026, for an estimated $155,687,794
AQR CAPITAL MANAGEMENT LLC added 1,692,766 shares (+394.8%) to their portfolio in Q1 2026, for an estimated $146,999,799
JANE STREET GROUP, LLC removed 1,464,257 shares (-98.2%) from their portfolio in Q1 2026, for an estimated $127,156,077
TIDAL INVESTMENTS LLC added 1,224,927 shares (+12277.5%) to their portfolio in Q1 2026, for an estimated $106,372,660
VANGUARD GROUP INC removed 1,157,516 shares (-4.5%) from their portfolio in Q4 2025, for an estimated $118,992,644

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

Lennar Corporation Congressional Stock Trading

Members of Congress have traded $LEN stock 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $LEN stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 01/09, 12/19.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

Lennar Corporation Analyst Ratings

Wall Street analysts have issued reports on $LEN in the last several months. We have seen 1 firms issue buy ratings on the stock, and 3 firms issue sell ratings.

Here are some recent analyst ratings:

Evercore ISI Group issued a "Underperform" rating on 12/18/2025
Barclays issued a "Underweight" rating on 12/18/2025
UBS issued a "Buy" rating on 12/18/2025
JP Morgan issued a "Underweight" rating on 12/18/2025

To track analyst ratings and price targets for Lennar Corporation, check out Quiver Quantitative's $LEN forecast page.

Lennar Corporation Price Targets

Multiple analysts have issued price targets for $LEN recently. We have seen 11 analysts offer price targets for $LEN in the last 6 months, with a median target of $90.0.

Here are some recent targets:

Jade Rahmani from Keefe, Bruyette & Woods set a target price of $86.0 on 06/09/2026
Stephen Kim from Evercore ISI Group set a target price of $82.0 on 04/13/2026
Matthew Bouley from Barclays set a target price of $80.0 on 04/08/2026
Sam Reid from Wells Fargo set a target price of $90.0 on 04/08/2026
Kenneth Zener from Seaport Global set a target price of $74.0 on 04/07/2026
Jonathan Bettenhausen from Truist Securities set a target price of $90.0 on 03/31/2026
Anthony Pettinari from Citigroup set a target price of $104.0 on 03/17/2026