Lennar Corp. Company Profile (NYSE:LEN)

About Lennar Corp.

Lennar Corp. logoLennar Corporation is a homebuilder that operates in various states with deliveries of over 24,290 new homes. The Company's segments include Homebuilding activities, which include Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida and Homebuilding Houston; Lennar Financial Services; Rialto, and Lennar Multifamily. Its Homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development and sale of residential land directly and through unconsolidated entities in which it has investments. The Lennar Financial Services segment operations include mortgage financing, title insurance and closing services for its homebuyers and others. The Rialto segment operations include commercial real estate, investment management and finance company. The Lennar Multifamily segment develops a portfolio of institutional multifamily rental properties in select the United States markets.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Residential Construction
  • Sub-Industry: Homebuilding
  • Exchange: NYSE
  • Symbol: LEN
  • CUSIP: 52605710
Key Metrics:
  • Previous Close: $43.20
  • 50 Day Moving Average: $45.819
  • 200 Day Moving Average: $46.377
  • 52-Week Range: $37.14 - $52.50
  • Trailing P/E Ratio: 11.262
  • Foreward P/E Ratio: 10.54
  • P/E Growth: 1.410
  • Market Cap: $9.38B
  • Outstanding Shares: 219,156,000
  • Beta: 1.37
Profitability:
  • Net Margins: 8.37%
  • Return on Equity: 14.34%
  • Return on Assets: 6.07%
Debt:
  • Debt-to-Equity Ratio: 0.84%
  • Current Ratio: 9.52%
  • Quick Ratio: 0.84%
Additional Links:
Companies Related to Lennar Corp.:

Analyst Ratings

Consensus Ratings for Lennar Corp. (NYSE:LEN) (?)
Ratings Breakdown: 7 Hold Ratings, 13 Buy Ratings
Consensus Rating:Buy (Score: 2.65)
Consensus Price Target: $54.06 (25.14% upside)

Analysts' Ratings History for Lennar Corp. (NYSE:LEN)
Show:
DateFirmActionRatingPrice TargetDetails
9/28/2016Wells Fargo & Co.Initiated CoverageMarket PerformView Rating Details
9/22/2016MKM PartnersSet Price TargetHold$51.00View Rating Details
9/20/2016Bank of America Corp.Set Price TargetBuy$52.00View Rating Details
9/21/2016FBR & CoReiterated RatingOutperform$60.00View Rating Details
9/21/2016Keefe, Bruyette & WoodsLower Price TargetOutperform$57.00 -> $55.00View Rating Details
9/21/2016RBC Capital MarketsReiterated RatingBuy$64.00 -> $55.00View Rating Details
9/21/2016Royal Bank Of CanadaLower Price TargetOutperform$64.00 -> $55.00View Rating Details
9/21/2016Citigroup Inc.Lower Price TargetNeutral$50.00 -> $48.00View Rating Details
9/19/2016WedbushInitiated CoverageNeutral$46.00View Rating Details
7/5/2016ArgusInitiated CoverageBuy$59.00View Rating Details
6/28/2016Credit Suisse Group AGReiterated RatingHoldView Rating Details
6/27/2016Raymond James Financial Inc.UpgradeMarket Perform -> OutperformView Rating Details
4/7/2016Barclays PLCBoost Price TargetBuy$56.00 -> $58.00View Rating Details
3/31/2016SusquehannaReiterated RatingBuyView Rating Details
3/28/2016Deutsche Bank AGBoost Price TargetHold$48.00 -> $49.00View Rating Details
3/28/2016Compass PointReiterated RatingBuy$60.00View Rating Details
3/22/2016Evercore ISIInitiated CoverageBuyView Rating Details
3/14/2016JPMorgan Chase & Co.Initiated CoverageNeutral$54.00View Rating Details
1/19/2016Sterne Agee CRTUpgradeNeutral -> Buy$40.91 -> $52.00View Rating Details
10/14/2015Morgan StanleyReiterated RatingBuy$55.00 -> $61.00View Rating Details
6/25/2015S&P Equity ResearchReiterated RatingHold$56.00View Rating Details
3/9/2015Buckingham ResearchDowngradeBuy -> Neutral$50.00 -> $52.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Lennar Corp. (NYSE:LEN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/16/2016        
9/20/2016Q316$0.89$1.01$2.83 billionViewListenView Earnings Details
6/21/2016Q216$0.87$0.95$2.75 millionViewListenView Earnings Details
3/29/2016Q116$0.52$0.63$1.86 billion$1.79 billionViewListenView Earnings Details
12/18/2015Q415$1.12$1.21$2.95 billionViewListenView Earnings Details
9/21/2015Q315$0.79$0.96$2.49 millionViewListenView Earnings Details
6/24/2015Q215$0.64$0.79$2.39 billionViewListenView Earnings Details
3/19/2015Q115$0.45$0.50$1.50 billion$1.64 billionViewN/AView Earnings Details
1/15/2015Q414$0.96$1.07$2.59 billion$2.60 billionViewN/AView Earnings Details
9/17/2014Q314$0.67$0.78$2.01 billionViewN/AView Earnings Details
6/26/2014Q214$0.51$0.61$1.68 billion$1.82 billionViewN/AView Earnings Details
3/20/2014Q114$0.28$0.35$1.28 billion$1.40 billionViewN/AView Earnings Details
12/18/2013Q4$0.62$0.73$1.88 billion$1.92 billionViewListenView Earnings Details
9/24/2013Q313$0.45$0.54$1.56 billion$1.60 billionViewN/AView Earnings Details
6/25/2013Q2 2013$0.33$0.61$1.33 billion$1.40 billionViewListenView Earnings Details
3/20/2013Q1 2013$0.16$0.26$897.99 million$989.90 millionViewListenView Earnings Details
1/15/2013Q4 2012$0.43$0.56$1.32 billion$135.00 billionViewListenView Earnings Details
9/24/2012Q312$0.28$0.40$1.05 billion$1.10 billionViewN/AView Earnings Details
6/27/2012$0.17$0.21ViewN/AView Earnings Details
3/27/2012$0.05$0.08ViewN/AView Earnings Details
1/11/2012$0.17$0.16ViewN/AView Earnings Details
9/19/2011$0.11$0.11ViewN/AView Earnings Details
6/23/2011$0.05$0.07ViewN/AView Earnings Details
3/29/2011($0.05)$0.14ViewN/AView Earnings Details
1/11/2011$0.03$0.17ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Lennar Corp. (NYSE:LEN)
Current Year EPS Consensus Estimate: $3.88 EPS
Next Year EPS Consensus Estimate: $4.1 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.51$0.51$0.51
Q2 20162$0.81$0.92$0.87
Q3 20163$0.87$0.90$0.88
Q4 20163$1.25$1.31$1.29
Q1 20173$0.54$0.67$0.61
Q2 20173$0.97$1.00$0.98
Q3 20173$1.05$1.18$1.11
Q4 20173$1.30$1.46$1.38
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Lennar Corp. (NYSE:LEN)
Annual Dividend:$0.16
Dividend Yield:0.37%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:4.21% (Based on Trailing 12 Months of Earnings)
4.12% (Based on Current Year Consensus EPS Estimate)
3.90% (Based on Next Year Consensus EPS Estimate)

Dividend History for Lennar Corp. (NYSE:LEN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/22/2016Quarterly$0.0410/3/201610/5/201610/20/2016
6/24/2016quarterly$0.040.36%7/6/20167/8/20167/22/2016
4/14/2016quarterly$0.040.33%4/25/20164/27/20165/11/2016
1/14/2016quarterly$0.040.39%1/26/20161/28/20162/11/2016
10/8/2015quarterly$0.040.31%10/20/201510/22/201511/5/2015
6/24/2015quarterly$0.040.31%7/6/20157/8/20157/22/2015
4/9/2015quarterly$0.040.32%4/20/20154/22/20155/6/2015
1/15/2015quarterly$0.040.38%1/27/20151/29/20152/12/2015
10/3/2014quarterly$0.040.4%10/15/201410/17/201410/31/2014
6/25/2014quarterly$0.040.39%7/8/20147/10/20147/24/2014
4/9/2014quarterly$0.040.41%4/21/20144/23/20145/7/2014
1/16/2014quarterly$0.040.42%1/28/20141/30/20142/13/2014
10/4/2013quarterly$0.040.46%10/16/201310/18/201311/1/2013
6/27/2013quarterly$0.040.43%7/8/20137/10/20137/24/2013
4/10/2013quarterly$0.040.41%4/22/20134/24/20135/8/2013
1/17/2013quarterly$0.040.38%1/30/20132/1/20132/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Lennar Corp. (NYSE:LEN)
Insider Ownership Percentage: 12.18%
Institutional Ownership Percentage: 86.39%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/23/2015Irving BolotinDirectorSell1,300$50.65$65,845.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Lennar Corp. (NYSE:LEN)
DateHeadline
News Icon40 Years After, Houston Master Plan to Open Last Residential Section (NYSE:LEN)
www.builderonline.com - September 29 at 10:57 AM
forbes.com logoEx-Dividend Reminder: Lennar, New York Times and Comcast (NYSE:LEN)
www.forbes.com - September 29 at 10:57 AM
tmcnet.com logoWCI COMMUNITIES, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Lennar Corporation (NYSE:LEN)
www.tmcnet.com - September 28 at 5:42 PM
businesswire.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Regarding Whether the Sale of WCI Communities Inc. to Lennar Corp. for $23.50 Per Share is Fair to Shareholders (NYSE:LEN)
www.businesswire.com - September 27 at 5:51 PM
finance.yahoo.com logoWCI COMMUNITIES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of WCI Communities, Inc. (NYSE:LEN)
finance.yahoo.com - September 27 at 5:51 PM
realistinvestor.com logoLennar Corporation (NYSE:LEN) Mean Price Target At $52.142 (NYSE:LEN)
www.realistinvestor.com - September 26 at 5:57 PM
usatoday.com logoLennar buys WCI for $643 million, stock jumps (NYSE:LEN)
www.usatoday.com - September 23 at 5:33 PM
News IconLennar to acquire FL homebuilding giant WCI Communities in $643M deal (NYSE:LEN)
www.constructiondive.com - September 23 at 5:33 PM
News IconFlorida home builders unite: Lennar to buy WCI for $643 million (NYSE:LEN)
www.miamiherald.com - September 23 at 5:33 PM
News IconLennar Corp. Spends $643 Million to Purchase WCI Communities (NYSE:LEN)
naplesherald.com - September 23 at 5:33 PM
finance.yahoo.com logoBright spot in housing (NYSE:LEN)
finance.yahoo.com - September 23 at 5:33 PM
reuters.com logoBRIEF-WCI Communities Announces Definitive Merger Agreement ... - Reuters (NYSE:LEN)
www.reuters.com - September 23 at 10:37 AM
reuters.com logoHomebuilder Lennar to buy WCI for $643 million to expand in Florida - Reuters (NYSE:LEN)
www.reuters.com - September 23 at 10:37 AM
seekingalpha.com logoLennar Beat Estimates, So Why Did It Sell Off? - Seeking Alpha (NYSE:LEN)
seekingalpha.com - September 22 at 5:40 PM
News IconSolarCity Corp (NASDAQ:SCTY) & Lennar Corporation (NYSE:LEN) Worth Watching Stocks - Money News (NYSE:LEN)
www.newsismoney.com - September 22 at 5:40 PM
News IconHomebuilder Lennar to buy WCI Communities in $643 million deal - Yahoo Sports (NYSE:LEN)
www.yahoo.com - September 22 at 5:40 PM
streetinsider.com logoLennar Corp. (LEN) to Acquire WCI Communities (WCIC) in ~$643M Deal - StreetInsider.com (NYSE:LEN)
www.streetinsider.com - September 22 at 5:40 PM
usatoday.com logoLennar buys WCI for $643 million, stock jumps - USA TODAY (NYSE:LEN)
www.usatoday.com - September 22 at 5:40 PM
biz.yahoo.com logoLENNAR CORP /NEW/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements (NYSE:LEN)
biz.yahoo.com - September 22 at 5:40 PM
fool.com logoWCI Communities Inc's Stock Spikes After Lennar Corporation Acquisition Announcement (NYSE:LEN)
www.fool.com - September 22 at 11:59 AM
marketwatch.com logoLennar beats on profit as home deliveries climb - MarketWatch (NYSE:LEN)
www.marketwatch.com - September 22 at 9:06 AM
reuters.com logoBRIEF-WCI Communities Announces Definitive Merger Agreement with Lennar Co... - Reuters (NYSE:LEN)
in.reuters.com - September 22 at 9:06 AM
prnewswire.com logoLennar Corporation Declares Quarterly Dividends - PR Newswire (press release) (NYSE:LEN)
www.prnewswire.com - September 22 at 9:06 AM
wsj.com logoLennar to Buy WCI Communities as Florida Housing Recovery Continues - Wall Street Journal (NYSE:LEN)
www.wsj.com - September 22 at 9:06 AM
News IconLennar Q3 Earnings Rose 5.5% to $235.8 Million (NYSE:LEN)
www.floordaily.net - September 21 at 4:09 PM
wsj.com logoLennar Beats Estimates Amid Housing Recovery (NYSE:LEN)
www.wsj.com - September 21 at 4:09 PM
News IconLennar beats on the top and bottom lines (NYSE:LEN)
www.businessinsider.com - September 21 at 10:02 AM
News IconLennar Corp. (LEN) Announces Earnings Results (NYSE:LEN)
thelakeandeswave.com - September 21 at 10:02 AM
rttnews.com logoLennar Corp. (LEN) Fell Despite Rise In Q3 Earnings (NYSE:LEN)
www.rttnews.com - September 21 at 10:02 AM
News IconPost Earnings Coverage as Lennar Tops Market Expectations with Revenue Increasing 13 Percent (NYSE:LEN)
news.investornetwork.com - September 21 at 10:02 AM
finance.yahoo.com logoPost Earnings Coverage as Lennar Tops Market Expectations with Revenue Increasing 13.7% (NYSE:LEN)
finance.yahoo.com - September 21 at 10:02 AM
investorplace.com logoLennar Corporation’s Strong Earnings Not Enough (LEN) (NYSE:LEN)
investorplace.com - September 20 at 1:04 PM
investorplace.com logoLennar Corporation’s Strong Earnings Not Enough (LEN) (NYSE:LEN)
investorplace.com - September 20 at 12:46 PM
benzinga.com logoA Peek Into The Markets: U.S. Stock Futures Gain; Fed Meeting In Focus - Benzinga (NYSE:LEN)
www.benzinga.com - September 20 at 11:02 AM
benzinga.com logoEarnings Scheduled For September 20, 2016 - Benzinga (NYSE:LEN)
www.benzinga.com - September 20 at 11:02 AM
benzinga.com logoMid-Morning Market Update: Markets Open Higher; Lennar Tops Q3 Expectations - Benzinga (NYSE:LEN)
www.benzinga.com - September 20 at 11:02 AM
rttnews.com logoLennar Corp. Q3 Profit Climbs 6% - RTT News (NYSE:LEN)
www.rttnews.com - September 20 at 11:01 AM
bizjournals.com logoSouth Florida's largest homebuilder turns in more profits than expected - South Florida Business Journal (NYSE:LEN)
www.bizjournals.com - September 20 at 11:01 AM
wsj.com logoLennar Beats Estimates Amid Housing Recovery - Wall Street Journal (NYSE:LEN)
www.wsj.com - September 20 at 11:01 AM
finance.yahoo.com logoHomebuilder Lennar posts slowest order growth in over a year (NYSE:LEN)
finance.yahoo.com - September 20 at 11:01 AM
biz.yahoo.com logoLENNAR CORP /NEW/ Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:LEN)
biz.yahoo.com - September 20 at 11:01 AM
forbes.com logoTwo Major Headwinds For The Housing Market (NYSE:LEN)
www.forbes.com - September 20 at 11:01 AM
finance.yahoo.com logoLennar Leads Declines for Homebuilders After U.S. Starts Drop (NYSE:LEN)
finance.yahoo.com - September 20 at 11:01 AM
feeds.benzinga.com logoInvestors Happily Greet Lennar's Q3 Results (NYSE:LEN)
feeds.benzinga.com - September 20 at 8:01 AM
ft.com logo[$$] Pulte, Lennar and DR Horton rise on strong US builder sentiment (NYSE:LEN)
www.ft.com - September 19 at 5:53 PM
zacks.com logoLennar (LEN) Q3 Earnings: What's in Store for the Stock? (NYSE:LEN)
www.zacks.com - September 19 at 10:26 AM
News IconMove-in-ready homes populate Lennar's Greenbriar communities (NYSE:LEN)
www.northjersey.com - September 17 at 5:37 PM
stocksdaily.net logoLennar Corporation (NYSE:LEN) Announces A Dividend Alert ... - Stocks Daily (NYSE:LEN)
www.stocksdaily.net - September 17 at 10:26 AM
bizjournals.com logoSuburban developer makes 'first real foray' into urban Houston (NYSE:LEN)
www.bizjournals.com - September 16 at 5:45 PM
stocksdaily.net logoLennar Corporation (NYSE:LEN) Announces A Dividend Alert (NYSE:LEN)
www.stocksdaily.net - September 16 at 5:45 PM

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Lennar Corp. (NYSE:LEN) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff