Melius Research sets USD 72.00 target for Lennar stock

Published on 10/17/2026 at 19:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 8.70 percent in the third quarter. Lennar stock was last at USD 77.08 on October 16, 2026, down 0.79 percent versus the NYSE prior close.

Analyst view and reporting date

Melius Research set a USD 72.00 target on October 6, 2026.
Lennar revenue fell 8.70 percent in the third quarter.
Lennar stock was last at USD 77.08 on October 16, 2026 at 4:00 p.m. ET, down 0.79 percent versus the NYSE prior close.
Lennar's next earnings date is December 15, 2026.

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Melius Research initiated coverage of Lennar with a Sell rating and a USD 72.00 price target on October 6, 2026, according to The Stock Observer. The target is 6.59 percent below the USD 77.08 last price. Lennar stock was last at USD 77.08 on NYSE on October 16, 2026 at 4:00 p.m. ET, down 0.79 percent versus the NYSE prior close.

Revenue and margin pressure

Lennar reported USD 8.05 billion in revenue for the third quarter ended August 31, 2026, down 8.70 percent from the year-earlier period. Net income attributable to common shareholders was USD 283.88 million, while diluted GAAP earnings per share came to USD 1.19. The figures were below consensus revenue of USD 8.32 billion and adjusted earnings per share of USD 1.29, according to MarketBeat.

Range and trading activity

The USD 77.08 last price stood 7.38 percent above Lennar's USD 71.78 52-week low and 42.38 percent below its USD 133.76 high on October 16, 2026. Trading volume reached 4,432,529 shares, compared with an average of 3,945,560 shares. The range places the stock closer to its yearly low than its high, a useful chart reference after the recent decline.

Valuation and next report

Lennar had a market capitalization of USD 18.3 billion and a trailing P/E ratio of 14.57 on October 16, 2026. Its annualized dividend was USD 2.00 per share, equal to a 2.60 percent yield. Zacks lists December 15, 2026 as the expected next earnings date and gives a consensus estimate of USD 1.46 earnings per share for the quarter ending in November 2026.

Comparison with peers

Lennar Corporation (NYSE, USD): minus 0.79 percent, P/E 14.57, market capitalization USD 18.3 billion.

D.R. Horton (NYSE, USD): minus 0.11 percent, P/E 13.29, market capitalization USD 39.0 billion.

PulteGroup (NYSE, USD): plus 0.50 percent, P/E 11.66, market capitalization USD 21.6 billion.

Dates and the last session

The next scheduled earnings date is December 15, 2026. Lennar's latest reported quarter ended August 31, 2026, and the stock's October 16 session ended with the last quoted USD 77.08 level and a minus 0.79 percent move versus the NYSE prior close.