Lennar will report Q2 2026 results on June 11, with analysts forecasting $7.99 billion revenue versus $8.38 billion a year earlier and EPS of $1.23 versus $1.90 after four straight EPS misses. The consensus price target has fallen from $108.47 to $73, with KeyBanc at $60.
Lennar is scheduled to report second-quarter fiscal 2026 results on June 11 after market close. Wall Street consensus calls for $7.99 billion in revenue, down from $8.38 billion a year earlier, and EPS of $1.23 versus $1.90. The homebuilder previously recorded a year-over-year decline in new home orders for the second quarter.
Analysts have slashed the consensus price target for Lennar stock from $108.47 to $73 over the past year, reflecting growing caution in the housing sector. KeyBanc is among the most bearish, assigning a $60 target, citing concerns over declining pricing power and affordability headwinds.
In the first quarter, Lennar's adjusted earnings fell short of estimates by 8.3% and revenues missed by 3.1%, marking the fourth consecutive EPS shortfall. The company trades at a P/E ratio of 12.28 and yields 2.16%, with a debt-to-equity ratio of 0.20 and current ratio of 3.74, indicating solid liquidity despite sales pressures.
Financialmodelingprep