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: $46.32
  • 50 Day Moving Average: $47.60
  • 200 Day Moving Average: $45.89
  • Trailing P/E Ratio: 12.37
  • Foreward P/E Ratio: 10.92
  • P/E Growth: 1.40
  • Market Cap: $10.15B
  • Outstanding Shares: 219,156,000
  • Beta: 1.46
Additional Links:
Companies Related to Lennar Corp.:

Analyst Ratings

Consensus Ratings for Lennar Corp. (NYSE:LEN) (?)
Ratings Breakdown: 5 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $55.31 (19.40% upside)

Analysts' Ratings History for Lennar Corp. (NYSE:LEN)
Show:
DateFirmActionRatingPrice TargetDetails
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
6/22/2016MKM PartnersReiterated RatingHoldView Rating Details
6/22/2016FBR & CoReiterated RatingOutperform$60.00View Rating Details
4/7/2016Barclays PLCBoost Price TargetBuy$56.00 -> $58.00View Rating Details
3/31/2016SusquehannaReiterated RatingBuyView Rating Details
3/31/2016Citigroup Inc.Boost Price TargetNeutral$50.00 -> $51.00View Rating Details
3/30/2016Keefe, Bruyette & WoodsLower Price TargetOutperform$60.00 -> $59.00View 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
7/8/2015Royal Bank Of CanadaReiterated RatingOutperform$61.00 -> $63.00View Rating Details
6/25/2015S&P Equity ResearchReiterated RatingHold$56.00View Rating Details
3/9/2015Buckingham ResearchDowngradeBuy -> Neutral$50.00 -> $52.00View Rating Details
9/5/2014Bank of America Corp.Initiated CoverageBuy$49.00View Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for Lennar Corp. (NYSE:LEN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/19/2016        
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: $3.82 EPS
Next Year EPS Consensus Estimate: $4.24 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.51$0.51$0.51
Q2 20162$0.81$0.92$0.87
Q3 20162$0.87$0.87$0.87
Q4 20162$1.40$1.41$1.41
Q1 20171$0.64$0.64$0.64
Q2 20171$0.87$0.87$0.87
Q3 20171$1.09$1.09$1.09
Q4 20171$1.59$1.59$1.59
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Lennar Corp. (NYSE:LEN)
Annual Dividend:$0.16
Dividend Yield:0.35%
Payout Ratio:4.27% (Based on Trailing 12 Months of Earnings)
4.19% (Based on Current Year Consensus EPS Estimate)
3.77% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for Lennar Corp. (NYSE:LEN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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)
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
bizjournals.com logoReal estate firm surpasses $1B in assets with latest shopping center purchase (NYSE:LEN)
www.bizjournals.com - August 27 at 10:19 AM
News IconThe Tradition Continues As Greenbriars’ Reach New Heights (NYSE:LEN)
www.northjersey.com - August 25 at 10:58 AM
News IconLennar Corporation (NYSE:LEN) from Residential Construction – Todays Top Gains (NYSE:LEN)
twincountynews.com - August 24 at 5:46 PM
thestreet.com logoLennar Lacks Upside Leadership (NYSE:LEN)
realmoney.thestreet.com - August 24 at 5:46 PM
capitalcube.com logoLennar Corp. breached its 50 day moving average in a Bullish Manner : LEN-US : August 24, 2016 (NYSE:LEN)
www.capitalcube.com - August 24 at 8:59 AM
News IconLennar Atlanta’s Hickory Manor: Fit for a King (NYSE:LEN)
patch.com - August 23 at 6:06 PM
stocksdaily.net logoDividend Alert For Lennar Corporation (NYSE:LEN) (NYSE:LEN)
www.stocksdaily.net - August 20 at 10:02 AM
News IconRESEARCHERS OR CORPORATE ALLIES? THINK TANKS BLUR THE LINE / THE NEW YORK TIMES (NYSE:LEN)
gonzaloraffoinfonews.blogspot.com - August 18 at 8:59 AM
News IconLennar Atlanta Welcomes Tim Bearden as New Home Consultant (NYSE:LEN)
patch.com - August 17 at 6:08 PM
realistinvestor.com logoHere’s The Growth Forecast For Lennar Corporation (NYSE:LEN) (NYSE:LEN)
www.realistinvestor.com - August 16 at 6:04 PM
bizjournals.com logoHouston's top 20 homebuilders with the biggest market penetration (NYSE:LEN)
www.bizjournals.com - August 15 at 6:08 PM
capitalcube.com logoETF’s with exposure to Lennar Corp. : August 15, 2016 (NYSE:LEN)
www.capitalcube.com - August 15 at 6:08 PM
stocksdaily.net logoLennar Corporation (NYSE:LEN) Paid $0.04 As Dividend (NYSE:LEN)
www.stocksdaily.net - August 12 at 6:00 PM
News IconTake advantage of VIP pricing at Lennar’s Waterstone (NYSE:LEN)
theopendoor.lennar.com - August 12 at 9:09 AM
stocksdaily.net logoWill Lennar Corporation (NYSE:LEN) Surprise Analysts This Quarter? (NYSE:LEN)
www.stocksdaily.net - August 12 at 9:09 AM
capitalcube.com logoLennar Corp. breached its 50 day moving average in a Bullish Manner : LEN-US : August 12, 2016 (NYSE:LEN)
www.capitalcube.com - August 12 at 9:09 AM
News IconBoca Raton Municipal Golf Course | Lennar Corp. - The Real Deal - The Real Deal Magazine (NYSE:LEN)
therealdeal.com - August 11 at 6:13 PM
News IconSaunders: Left goes after think tanks, starting with one of its own (NYSE:LEN)
www.heraldnet.com - August 11 at 9:03 AM
News IconAnnual housing starts increase across South Florida (NYSE:LEN)
www.sun-sentinel.com - August 10 at 6:18 PM
News IconDangerous think tanks ahead (NYSE:LEN)
www.mantecabulletin.com - August 9 at 8:57 AM
News IconThe Ocean Breeze issue, festival conflicts and other news of note (NYSE:LEN)
www.bocamag.com - August 9 at 8:57 AM
News IconWarning: Dangerous Think Tanks Ahead (NYSE:LEN)
townhall.com - August 9 at 8:57 AM
News IconCity Council To Discuss Sale of Boca Raton Municipal Golf Course (NYSE:LEN)
www.bocaratontribune.com - August 8 at 6:06 PM
News IconThink Tank Smells Like Corporate Money for Clinton (NYSE:LEN)
observer.com - August 8 at 6:06 PM
News IconAs more proposals roll in, Boca Raton takes more time to review selling golf course (NYSE:LEN)
www.sun-sentinel.com - August 8 at 6:06 PM
News IconA Major DC Think Tank Has Sold Out to Corporations, Reports New York Times (NYSE:LEN)
mic.com - August 8 at 10:38 AM
News IconTrump portrays Clinton as mentally unfit for the White House (NYSE:LEN)
www.memeorandum.com - August 8 at 10:37 AM
News IconThink tanks push agendas dear to donors (NYSE:LEN)
www.sfgate.com - August 8 at 10:37 AM
News IconThink Tanks, Often Viewed as Boldly Independent, Fall Prey to Corporate Influences (NYSE:LEN)
www.allgov.com - August 8 at 10:37 AM
News IconReport: Think Tanks Promote Corporate Agendas in Exchange for Donations (NYSE:LEN)
gawker.com - August 7 at 5:40 PM
streetreport.co logoAnalysts and Technical Update on Lennar Corp (NYSE:LEN) - Street ... - Street Report (NYSE:LEN)
www.streetreport.co - August 5 at 8:57 AM
equities.com logoLennar Corporation Class A (LEN) Falls 2.61% for August 02 (NYSE:LEN)
www.equities.com - August 4 at 8:59 AM
fortune.com logoNotable Research Reports: U.S. Silica Holdings Inc (NYSE:SLCA), Lennar Corporation (NYSE:LEN) - Review Fortune (NYSE:LEN)
reviewfortune.com - August 3 at 6:13 PM
equities.com logoLennar Corporation Class A (LEN) Falls 2.61% for August 02 - Equities.com (NYSE:LEN)
www.equities.com - August 2 at 6:14 PM
streetupdates.com logoAnalyst's Notable Buzzers: Cemex S.A.B. de C.V. (NYSE:CX) , Lennar Corporation (NYSE:LEN) - Street Updates (NYSE:LEN)
www.streetupdates.com - August 2 at 10:46 AM
News IconHouston real estate stocks shine on Wall Street (NYSE:LEN)
www.chron.com - August 1 at 5:47 PM
capitalcube.com logoLennar Corp. breached its 50 day moving average in a Bearish Manner : LEN-US : August 1, 2016 (NYSE:LEN)
www.capitalcube.com - August 1 at 5:47 PM
equities.com logoLennar Corporation Class A (LEN) Falls 3.07% for July 29 - Equities.com (NYSE:LEN)
www.equities.com - July 31 at 5:33 PM
equities.com logoLennar Corporation Class A (LEN) Falls 3.07% for July 29 (NYSE:LEN)
www.equities.com - July 30 at 8:50 AM
fortune.com logoHere Are Research Reports Worth Watching: Lennar Corporation (NYSE:LEN), The Western Union Company (NYSE ... - Review Fortune (NYSE:LEN)
reviewfortune.com - July 29 at 6:05 PM
bizjournals.com logoLennar proposes purchase of city's golf course for development - South Florida Business Journal (NYSE:LEN)
www.bizjournals.com - July 29 at 6:05 PM
bizjournals.com logoLennar proposes purchase of city’s golf course for development (NYSE:LEN)
www.bizjournals.com - July 29 at 3:00 PM
fortune.com logoAnalyst Recommendations Worth Watching: Lennar Corporation ... - Review Fortune (NYSE:LEN)
reviewfortune.com - July 28 at 9:02 AM
News IconDeveloper buys chunk of two North Texas residential communities from Centurion American (NYSE:LEN)
www.dallasnews.com - July 27 at 6:13 PM
News IconBoca to consider moving golf course to make way for new homes (NYSE:LEN)
www.sun-sentinel.com - July 27 at 6:13 PM
streetreport.co logoDon't Miss This Chance To Buy Lennar Corp (NYSE:LEN) - Street Report (NYSE:LEN)
www.streetreport.co - July 26 at 6:10 PM
bizjournals.com logoTop residential real estate developer launches sales for 890-home community (NYSE:LEN)
www.bizjournals.com - July 26 at 3:20 PM
News IconLennar Atlanta Promotes Holly Yaeger to Area Sales Manager (NYSE:LEN)
patch.com - July 25 at 6:02 PM
News IconStrong sales continue in Kinross at TwinEagles (NYSE:LEN)
www.naplesnews.com - July 25 at 10:29 AM
News IconReal Estate Notebook: $5,000 incentive for homebuyers in Greenacres (NYSE:LEN)
www.sun-sentinel.com - July 22 at 5:52 PM

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Lennar Corp. (NYSE:LEN) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff