Lennar declares quarterly dividend of $0.50 per share

MIAMI - Lennar Corporation (NYSE:LEN and LEN.B) announced Friday that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock. The dividend will be payable on October 27, 2025, to shareholders of record as of October 10, 2025. The company has maintained dividend payments for 48 consecutive years, with the current yield at 1.6%. According to InvestingPro data, Lennar holds more cash than debt on its balance sheet and maintains strong liquidity with current assets well exceeding short-term obligations.

Lennar, established in 1954, is one of the nation’s leading homebuilders, constructing affordable, move-up and active adult homes primarily under the Lennar brand name. With a market capitalization of $32.7 billion and a healthy P/E ratio of 12.5, InvestingPro analysis suggests the stock is currently undervalued.

The company operates several business segments, including Financial Services, which provides mortgage financing and title services mainly for Lennar homebuyers, and a Multifamily segment that develops rental properties nationwide.

The dividend announcement comes as part of the company’s regular quarterly financial activities. The information was shared in a press release statement issued by the homebuilder.

In other recent news, Lennar Corporation’s fiscal third-quarter 2025 earnings and revenue results missed analysts’ estimates. The company reported earnings per share of $2, which was below the expected $2.10, and revenue of $8.8 billion, falling short of the projected $8.97 billion. Following these results, several analysts have adjusted their price targets for Lennar. UBS raised its price target to $161, maintaining a Buy rating, while Citizens JMP increased it to $140, keeping a Market Outperform rating. Conversely, JPMorgan lowered its price target to $92, citing a reduced delivery outlook after Lennar delivered 21,400 homes, missing its guidance range. RBC Capital also adjusted its outlook, raising the price target to $106 but lowering its fourth-quarter earnings estimate by 20% due to weaker absorption rates and deliveries. These developments reflect varying analyst perspectives on Lennar’s future performance amid recent financial results.

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