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Stock impact report

Keefe, Bruyette & Woods Reiterates Its Market Perform Rating and $125 PT on Lennar Corporation (LEN) [Yahoo! Finance]

Lennar Corporation Class A (LEN) 
Last lennar corporation class a earnings: 3/19 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.lennar.com
Company Research Source: Yahoo! Finance
Keefe, Bruyette & Woods Reiterates Its Market Perform Rating and $125 PT on Lennar Corporation (LEN) On September 30, Keefe, Bruyette & Woods reiterated its Market Perform rating and $125 for Lennar Corporation (NYSE:LEN). Citing anticipated delivery losses of 11% and 3.5%, the firm reduced its 2026 projection by 4% and its Q4 2025 EPS estimate by 18%. The changes were also influenced by reduced estimates for multifamily, other income, and financial services. Moreover, due to the ongoing impact of affordability constraints and unstable economic conditions on housing demand, Lennar Corporation (NYSE:LEN) has lowered its full-year delivery guidance by 5-6%. The company's anticipated return on equity of 12-13% is reflected in KBW's $125 price target, which is equivalent to 1.7x current tangible book value as well as 1.65x tangible book value. Given the homebuilder's limited growth expectations, analysts kept their Market Perform rating. Throughout the United States, Lennar Corpora Show less Read more
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