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Why Lennar (LEN) Dipped More Than Broader Market Today
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In the latest trading session, Lennar (LEN - Free Report) closed at $89.46, marking a -1.58% move from the previous day. This change lagged the S&P 500's daily loss of 0.74%. Meanwhile, the Dow experienced a drop of 1.21%, and the technology-dominated Nasdaq saw a decrease of 0.89%.
The stock of homebuilder has risen by 5.45% in the past month, leading the Construction sector's loss of 1.64% and the S&P 500's gain of 5.39%.
Investors will be eagerly watching for the performance of Lennar in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on June 11, 2026. The company is predicted to post an EPS of $1.24, indicating a 34.74% decline compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $8.09 billion, indicating a 3.46% decline compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.87 per share and a revenue of $32.72 billion, representing changes of -27.17% and -4.29%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Lennar. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.6% downward. Lennar is currently a Zacks Rank #4 (Sell).
In terms of valuation, Lennar is currently trading at a Forward P/E ratio of 15.49. This valuation marks a premium compared to its industry average Forward P/E of 13.99.
It is also worth noting that LEN currently has a PEG ratio of 2.01. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. LEN's industry had an average PEG ratio of 1.85 as of yesterday's close.
The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 212, finds itself in the bottom 14% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Why Lennar (LEN) Dipped More Than Broader Market Today
In the latest trading session, Lennar (LEN - Free Report) closed at $89.46, marking a -1.58% move from the previous day. This change lagged the S&P 500's daily loss of 0.74%. Meanwhile, the Dow experienced a drop of 1.21%, and the technology-dominated Nasdaq saw a decrease of 0.89%.
The stock of homebuilder has risen by 5.45% in the past month, leading the Construction sector's loss of 1.64% and the S&P 500's gain of 5.39%.
Investors will be eagerly watching for the performance of Lennar in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on June 11, 2026. The company is predicted to post an EPS of $1.24, indicating a 34.74% decline compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $8.09 billion, indicating a 3.46% decline compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.87 per share and a revenue of $32.72 billion, representing changes of -27.17% and -4.29%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Lennar. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.6% downward. Lennar is currently a Zacks Rank #4 (Sell).
In terms of valuation, Lennar is currently trading at a Forward P/E ratio of 15.49. This valuation marks a premium compared to its industry average Forward P/E of 13.99.
It is also worth noting that LEN currently has a PEG ratio of 2.01. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. LEN's industry had an average PEG ratio of 1.85 as of yesterday's close.
The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 212, finds itself in the bottom 14% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.