Lennar 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.
Industry, Sector and Symbol
Industry General building contractors - residential buildings
Sub-IndustryHomebuilding
SectorConstruction
SymbolNYSE:LEN
CUSIP52605710
Phone305-559-4000
Debt
Debt-to-Equity Ratio0.79
Current Ratio16.40
Quick Ratio0.84
Price-To-Earnings
Trailing P/E Ratio13.44
Forward P/E Ratio10.47
P/E Growth0.58
Sales & Book Value
Annual Sales$12.65 billion
Price / Sales1.32
Cash Flow$4.0797 per share
Price / Cash12.55
Book Value$33.28 per share
Price / Book1.54
Profitability
EPS (Most Recent Fiscal Year)$3.81
Net Income$810.48 million
Net Margins6.84%
Return on Equity11.65%
Return on Assets5.26%
Miscellaneous
Employees9,111
Outstanding Shares325,680,000
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 Wednesday, April 11th. Investors of record on Wednesday, April 25th will be given a dividend of $0.04 per share on Wednesday, May 9th. This represents a $0.16 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date is Tuesday, April 24th. View Lennar's Dividend History.
How were Lennar's earnings last quarter?
Lennar Co. (NYSE:LEN) issued its quarterly earnings data on Wednesday, April, 4th. The construction company reported $1.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.76 by $0.35. The construction company earned $2.98 billion during the quarter, compared to analysts' expectations of $3.05 billion. Lennar had a net margin of 6.84% and a return on equity of 11.65%. The business's revenue for the quarter was up 27.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.59 earnings per share. View Lennar's Earnings History.
When is Lennar's next earnings date?
What price target have analysts set for LEN?
19 analysts have issued 1 year price objectives for Lennar's shares. Their forecasts range from $62.00 to $82.00. On average, they expect Lennar's stock price to reach $71.5333 in the next year. 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. 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)
- Ms. Diane J. Bessette, CFO, VP & Treasurer (Age 57)
Has Lennar been receiving favorable news coverage?
Headlines about LEN stock have been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lennar earned a media sentiment score of 0.07 on Accern's scale. They also assigned media stories about the construction company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Lennar's major shareholders?
Lennar's stock is owned by a number of of retail and institutional investors. Top institutional investors include Smead Capital Management Inc. (0.54%), Long Pond Capital LP (0.54%), Lord Abbett & CO. LLC (0.45%), Swiss National Bank (0.28%), Sumitomo Mitsui Trust Holdings Inc. (0.26%) and Eagle Asset Management Inc. (0.23%). 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 institutional investors are selling Lennar stock?
LEN stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Lord Abbett & CO. LLC, Carillon Tower Advisers Inc., Federated Investors Inc. PA, MD Sass Investors Services Inc., Bamco Inc. NY, Cambridge Investment Research Advisors Inc. and BB&T Securities LLC. 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 institutional investors are buying Lennar stock?
LEN stock was purchased by a variety of institutional investors in the last quarter, including Long Pond Capital LP, Interval Partners LP, CI Investments Inc., Edgemoor Investment Advisors Inc., Asset Management One Co. Ltd., Sumitomo Mitsui Trust Holdings Inc., Caisse DE Depot ET Placement DU Quebec and Cobalt Capital Management Inc.. 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 $51.20.
How big of a company is Lennar?
Lennar has a market capitalization of $16.83 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.
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 (LEN)
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.
