NYSE:LEN - Lennar Stock Price, News, & Analysis

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$50.13 -0.59 (-1.16 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$50.13
Today's Range$49.57 - $50.72
52-Week Range$48.71 - $72.17
Volume7.64 million shs
Average Volume2.69 million shs
Market Capitalization$16.71 billion
P/E Ratio13.16
Dividend Yield0.32%
Beta1.25
Lennar logoLennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily segments. 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. The company primarily sells single-family attached and detached homes in communities targeted to first-time homebuyers, move-up homebuyers, active adult homebuyers, and luxury homebuyers. The company also offers mortgage financing, title insurance, and closing services for home buyers and others, as well as real estate brokerage services. In addition, it is involved in raising, investing, and managing third party capital; and originating and selling into securitizations commercial mortgage loans, as well as investing in real estate related mortgage loans, properties, and related securities. Further, the company sponsors and invests in private equity vehicles; and provides asset management and other services to the vehicles and other third parties. Additionally, it develops, constructs, and manages multifamily rental properties. Lennar Corporation was founded in 1954 and is based in Miami, Florida.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry General building contractors - residential buildings
Sub-IndustryHomebuilding
SectorConstruction
SymbolNYSE:LEN
CUSIP52605710
Phone305-559-4000

Debt

Debt-to-Equity Ratio0.73
Current Ratio11.81
Quick Ratio0.76

Price-To-Earnings

Trailing P/E Ratio13.16
Forward P/E Ratio8.22
P/E Growth0.43

Sales & Book Value

Annual Sales$12.65 billion
Price / Sales1.31
Cash Flow$4.0690 per share
Price / Cash12.32
Book Value$33.28 per share
Price / Book1.51

Profitability

EPS (Most Recent Fiscal Year)$3.81
Net Income$810.48 million
Net Margins6.49%
Return on Equity12.82%
Return on Assets5.92%

Miscellaneous

Employees9,111
Outstanding Shares329,480,000
Market Cap$16.71 billion

Lennar (NYSE:LEN) Frequently Asked Questions

What is Lennar's stock symbol?

Lennar trades on the New York Stock Exchange (NYSE) under the ticker symbol "LEN."

How often does Lennar pay dividends? What is the dividend yield for Lennar?

Lennar declared a quarterly dividend on Thursday, June 28th. Shareholders of record on Thursday, July 12th will be paid a dividend of $0.04 per share on Thursday, July 26th. This represents a $0.16 annualized dividend and a dividend yield of 0.32%. The ex-dividend date of this dividend is Wednesday, July 11th. View Lennar's Dividend History.

How were Lennar's earnings last quarter?

Lennar Co. (NYSE:LEN) posted its quarterly earnings data on Tuesday, June, 26th. The construction company reported $1.58 earnings per share for the quarter, topping the consensus estimate of $0.45 by $1.13. The construction company earned $5.46 billion during the quarter, compared to the consensus estimate of $5.10 billion. Lennar had a return on equity of 12.82% and a net margin of 6.49%. The firm's revenue was up 67.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 earnings per share. View Lennar's Earnings History.

When is Lennar's next earnings date?

Lennar is scheduled to release their next quarterly earnings announcement on Wednesday, October, 3rd 2018. View Earnings Estimates for Lennar.

What price target have analysts set for LEN?

19 brokers have issued 12-month price objectives for Lennar's stock. Their forecasts range from $56.00 to $93.00. On average, they anticipate Lennar's stock price to reach $72.40 in the next twelve months. This suggests a possible upside of 44.4% from the stock's current price. View Analyst Price Targets for Lennar.

What is the consensus analysts' recommendation for Lennar?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 3 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lennar.

Who are some of Lennar's key competitors?

Who are Lennar's key executives?

Lennar's management team includes the folowing people:
  • Mr. Stuart A. Miller, Exec. Chairman (Age 60)
  • Mr. Richard Beckwitt, CEO & Director (Age 59)
  • Mr. Jonathan M. Jaffe, Pres, COO & Director (Age 58)
  • Mr. Mark Sustana, VP, Sec. & Gen. Counsel (Age 56)
  • Mr. Bruce E. Gross, Chief Exec. Officer of Lennar Financial Services (Age 59)

Who are Lennar's major shareholders?

Lennar's stock is owned by many different of institutional and retail investors. Top institutional investors include Third Point LLC (1.82%), Long Pond Capital LP (1.58%), Matlinpatterson Global Advisers LLC (0.94%), Smead Capital Management Inc. (0.52%), Miller Value Partners LLC (0.42%) and Sterling Capital Management LLC (0.32%). Company insiders that own Lennar stock include Bruce E Gross, Chester (Chet) Idziszek, David M Collins, Diane J Bessette, Jeffrey Joseph Mccall, Jeffrey Sonnenfeld, Jonathan M Jaffe and Mark Sustana. View Institutional Ownership Trends for Lennar.

Which major investors are selling Lennar stock?

LEN stock was sold by a variety of institutional investors in the last quarter, including Matlinpatterson Global Advisers LLC, Third Point LLC, Caisse DE Depot ET Placement DU Quebec, OppenheimerFunds Inc., First Trust Advisors LP, Nomura Holdings Inc., Lowe Brockenbrough & Co. Inc. and Crossmark Global Holdings Inc.. Company insiders that have sold Lennar company stock in the last year include Bruce E Gross, David M Collins, Diane J Bessette, Jeffrey Joseph Mccall, Jeffrey Sonnenfeld, Jonathan M Jaffe and Mark Sustana. View Insider Buying and Selling for Lennar.

Which major investors are buying Lennar stock?

LEN stock was bought by a variety of institutional investors in the last quarter, including Long Pond Capital LP, Cannell Peter B & Co. Inc., Standard Life Aberdeen plc, Investec Asset Management LTD, Sterling Capital Management LLC, Land & Buildings Investment Management LLC, Stelliam Investment Management LP and Shufro Rose & Co. LLC. View Insider Buying and Selling for Lennar.

How do I buy shares of Lennar?

Shares of LEN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Lennar's stock price today?

One share of LEN stock can currently be purchased for approximately $50.13.

How big of a company is Lennar?

Lennar has a market capitalization of $16.71 billion and generates $12.65 billion in revenue each year. The construction company earns $810.48 million in net income (profit) each year or $3.81 on an earnings per share basis. Lennar employs 9,111 workers across the globe.

What is Lennar's official website?

The official website for Lennar is http://www.lennar.com.

How can I contact Lennar?

Lennar's mailing address is 700 NW 107TH AVENUE SUITE 400, MIAMI FL, 33172. The construction company can be reached via phone at 305-559-4000 or via email at [email protected]


MarketBeat Community Rating for Lennar (NYSE LEN)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  643 (Vote Outperform)
Underperform Votes:  489 (Vote Underperform)
Total Votes:  1,132
MarketBeat's community ratings are surveys of what our community members think about Lennar and other stocks. Vote "Outperform" if you believe LEN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LEN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2018 by MarketBeat.com Staff

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