B of A Securities Reiterates Sell Rating on Lennar Corporation

B of A Securities reiterated its sell rating on Lennar Corporation (NYSE: LEN) on June 15, 2026, maintaining a price target of $77. The stock is currently trading at $91.58.

Analysts Set New Price Targets

On June 15, 2026, B of A Securities maintained its sell rating on Lennar Corporation with a price target of $77. RBC Capital also reiterated a sell rating with a target of $85, while Barclays and Evercore ISI Group maintained sell ratings with targets of $79 and $87, respectively. Wells Fargo held its position with a hold rating and an $85 target.

Other Institutional Activity in Lennar Corporation

BlackRock, Inc. increased its holdings in Lennar by 169,788 shares, ending with 18,256,480 shares valued at about $1.59 billion. Vanguard Capital Management LLC added its entire position, amounting to 12,947,306 shares worth approximately $1.12 billion. Meanwhile, Eagle Capital Management LLC reduced its stake by 105,757 shares, holding 10,880,455 shares valued at $944.86 million. Greenhaven Associates Inc. grew its position by 537,984 shares to 10,632,131 shares, valued at $923.29 million, and Berkshire Hathaway Inc. significantly increased its holdings by 3,048,692 shares, totaling 10,099,642 shares worth $877.05 million.

Lennar Corporation Stock Snapshot

Shares of Lennar Corporation (NYSE: LEN) were trading near $91.58. The company has a market cap of about $22.24 billion and a P/E ratio of 14.15. Its forward P/E is 12.25, and it has a beta of 1.4. Over the past year, the stock's price ranged from a low of $81.18 to a high of $144.24. The 50-day moving average is $89.32, and the 200-day moving average is $110.24. Lennar maintains a strong current ratio of 11.4, a quick ratio of 1.43, and a debt-to-equity ratio of 28.48.

Recent Earnings

Lennar Corporation reported revenue of $32.74 billion, with a slight decline of 5.2% year-over-year. The company's net margin stood at 4.93%, and it achieved a return on equity of 7.37%. Earnings per share were $6.38. The next earnings report is scheduled for September 17, 2026.

Dividend

Lennar offers a dividend rate of $2.00 per share, yielding 2.21% with a payout ratio of 31.35%.

Insider Buying and Selling at Lennar Corporation

In recent insider transactions, Jeffrey Sonnenfeld and Armando Olivera purchased 320 and 501 shares, respectively, at an average price of $89.78 on May 29, 2026. CEO Stuart Miller sold 2,000 shares on May 11, 2026, without a reported price. Earlier, Sherrill Hudson, Theron Gilliam, and Armando Olivera each bought shares at $94.45 on April 22, 2026.

About Lennar Corporation

Lennar Corporation, headquartered in Miami, Florida, is a major player in the residential construction industry. It primarily builds single-family homes across the United States under the Lennar brand. The company also engages in financial services, offering mortgage financing and title insurance. Lennar serves a diverse range of homebuyers, including first-time, move-up, and luxury buyers. Stuart A. Miller leads the company as CEO, overseeing a workforce of approximately 12,532 employees.

Bottom Line

B of A Securities' decision to reiterate a sell rating on Lennar Corporation reflects a cautious outlook amid current market conditions. Investors keep a close eye on such analyst ratings for insights into potential stock movements. As always, remember that analyst ratings are just one piece of the puzzle, and investors should consider multiple factors before making decisions.