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 Ratio14.15
Forward P/E Ratio11.00
P/E Growth0.61
Sales & Book Value
Annual Sales$12.65 billion
Price / Sales1.39
Cash Flow$4.0748 per share
Price / Cash13.23
Book Value$40.45 per share
Price / Book1.33
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 announced a quarterly dividend on Wednesday, April 11th. Shareholders 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 annualized dividend and a yield of 0.30%. The ex-dividend date of this dividend is Tuesday, April 24th. View Lennar's Dividend History.
How were Lennar's earnings last quarter?
Lennar Co. (NYSE:LEN) announced its quarterly earnings data on Wednesday, April, 4th. The construction company reported $1.11 EPS for the quarter, beating the consensus estimate of $0.76 by $0.35. The construction company earned $2.98 billion during the quarter, compared to analyst estimates of $3.05 billion. Lennar had a net margin of 6.84% and a return on equity of 11.65%. The business's quarterly revenue was up 27.5% compared to the same quarter last year. During the same period last year, the business 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?
18 equities research analysts have issued 1 year price targets for Lennar's shares. Their predictions range from $62.00 to $82.00. On average, they expect Lennar's share price to reach $71.6429 in the next year. View Analyst Ratings for Lennar.
Are investors shorting Lennar?
Lennar saw a decrease in short interest in April. As of April 13th, there was short interest totalling 10,762,239 shares, a decrease of 21.6% from the March 30th total of 13,729,575 shares. Based on an average daily volume of 7,048,865 shares, the days-to-cover ratio is presently 1.5 days. Approximately 3.9% of the shares of the stock are short sold.
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, CEO & Director (Age 60)
- Mr. Richard Beckwitt, Pres (Age 59)
- Mr. Bruce E. Gross, VP & CFO (Age 59)
- Mr. Jonathan M. Jaffe, VP & COO (Age 58)
- Mr. Mark Sustana, Sec. & Gen. Counsel (Age 56)
Has Lennar been receiving favorable news coverage?
Media stories about LEN stock have trended somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lennar earned a media sentiment score of 0.12 on Accern's scale. They also gave news stories about the construction company an impact score of 45.29 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
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 $53.91.
How big of a company is Lennar?
Lennar has a market capitalization of $17.74 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.
Lennar (NYSE:LEN) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
18 Wall Street analysts have issued ratings and price targets for Lennar in the last 12 months. Their average twelve-month price target is $71.6429, suggesting that the stock has a possible upside of 32.89%. The high price target for LEN is $82.00 and the low price target for LEN is $62.00. There are currently 3 hold ratings and 15 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.83 | 2.78 | 2.65 | 2.59 |
| Ratings Breakdown: | 0 Sell Rating(s)
3 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
6 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
8 Hold Rating(s)
8 Buy Rating(s)
1 Strong Buy Rating(s) |
| Consensus Price Target: | $71.6429 | $67.9286 | $64.0714 | $58.00 |
| Price Target Upside: | 32.89% upside | 19.09% upside | 10.79% downside | 0.79% downside |
Lennar (NYSE:LEN) Consensus Price Target History
Lennar (NYSE:LEN) Analyst Ratings History
Show:
(Data available from 4/25/2016 forward)
Lennar (NYSE:LEN) Dividend Information
Lennar pays an annual dividend of $0.16 per share, with a dividend yield of 0.30%. LEN's next quarterly dividend payment will be made on Wednesday, May 9. Lennar pays out 4.20% of its earnings out as a dividend.
| Next Dividend: | 5/9/2018 |
| Annual Dividend: | $0.16 |
| Dividend Yield: | 0.30% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 4.20% (Trailing 12 Months of Earnings)
3.27% (Based on This Year's Estimates)
2.39% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Lennar (NYSE:LEN) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/11/2018 | Quarterly | $0.04 | 0.28% | 4/24/2018 | 4/25/2018 | 5/9/2018 |
| 1/11/2018 | Quarterly | $0.04 | 0.27% | 1/25/2018 | 1/26/2018 | 2/9/2018 |
| 10/5/2017 | quarterly | $0.04 | 0.29% | 10/18/2017 | 10/19/2017 | 11/2/2017 |
| 6/29/2017 | quarterly | $0.04 | 0.3% | 7/11/2017 | 7/13/2017 | 7/27/2017 |
| 4/19/2017 | quarterly | $0.04 | 0.3% | 4/28/2017 | 5/2/2017 | 5/16/2017 |
| 1/13/2017 | quarterly | $0.04 | 0.36% | 1/25/2017 | 1/27/2017 | 2/10/2017 |
| 9/22/2016 | Quarterly | $0.04 | | 10/3/2016 | 10/5/2016 | 10/20/2016 |
| 6/24/2016 | quarterly | $0.04 | 0.36% | 7/6/2016 | 7/8/2016 | 7/22/2016 |
| 4/14/2016 | quarterly | $0.04 | 0.33% | 4/25/2016 | 4/27/2016 | 5/11/2016 |
| 1/14/2016 | quarterly | $0.04 | 0.39% | 1/26/2016 | 1/28/2016 | 2/11/2016 |
| 10/8/2015 | quarterly | $0.04 | 0.31% | 10/20/2015 | 10/22/2015 | 11/5/2015 |
| 6/24/2015 | quarterly | $0.04 | 0.31% | 7/6/2015 | 7/8/2015 | 7/22/2015 |
| 4/9/2015 | quarterly | $0.04 | 0.32% | 4/20/2015 | 4/22/2015 | 5/6/2015 |
| 1/15/2015 | quarterly | $0.04 | 0.38% | 1/27/2015 | 1/29/2015 | 2/12/2015 |
| 10/3/2014 | quarterly | $0.04 | 0.4% | 10/15/2014 | 10/17/2014 | 10/31/2014 |
| 6/25/2014 | quarterly | $0.04 | 0.39% | 7/8/2014 | 7/10/2014 | 7/24/2014 |
| 4/9/2014 | quarterly | $0.04 | 0.41% | 4/21/2014 | 4/23/2014 | 5/7/2014 |
| 1/16/2014 | quarterly | $0.04 | 0.42% | 1/28/2014 | 1/30/2014 | 2/13/2014 |
| 10/4/2013 | quarterly | $0.04 | 0.46% | 10/16/2013 | 10/18/2013 | 11/1/2013 |
| 6/27/2013 | quarterly | $0.04 | 0.43% | 7/8/2013 | 7/10/2013 | 7/24/2013 |
| 4/10/2013 | quarterly | $0.04 | 0.41% | 4/22/2013 | 4/24/2013 | 5/8/2013 |
| 1/17/2013 | quarterly | $0.04 | 0.38% | 1/30/2013 | 2/1/2013 | 2/15/2013 |
(Data available from 1/1/2013 forward)
Lennar (NYSE LEN) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 8.50%
Institutional Ownership Percentage: 88.77%
Lennar (NYSE LEN) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/6/2018 | Jeffrey Sonnenfeld | Director | Sell | 2,095 | $62.98 | $131,943.10 | 32,072 |  |
| 1/22/2018 | Bruce E Gross | CFO | Sell | 9,000 | $72.00 | $648,000.00 | 346,043 | |
| 1/18/2018 | Bruce E Gross | CFO | Sell | 1,000 | $72.00 | $72,000.00 | 356,043 | |
| 1/18/2018 | David M Collins | Insider | Sell | 5,000 | $71.15 | $355,750.00 | 118,361 | |
| 1/16/2018 | Diane J Bessette | VP | Sell | 10,000 | $69.50 | $695,000.00 | 222,396 | |
| 1/12/2018 | Bruce E Gross | CFO | Sell | 5,000 | $69.43 | $347,150.00 | 361,043 | |
| 1/12/2018 | Mark Sustana | General Counsel | Sell | 125,000 | $69.55 | $8,693,750.00 | 65,720 | |
| 1/2/2018 | Jonathan M Jaffe | COO | Sell | 20,000 | $64.02 | $1,280,400.00 | 99,000 | |
| 11/21/2017 | Bruce E Gross | CFO | Sell | 5,000 | $60.00 | $300,000.00 | 371,043 | |
| 10/5/2017 | Bruce E Gross | CFO | Sell | 5,000 | $56.48 | $282,400.00 | 376,043 | |
| 7/3/2017 | Jonathan M Jaffe | COO | Sell | 20,000 | $53.17 | $1,063,400.00 | 139,433 | |
| 3/2/2017 | Chester (Chet) Idziszek | Director | Sell | 29,000 | $0.11 | $3,190.00 | | |
| 10/3/2016 | Jonathan M. Jaffe | COO | Sell | 20,000 | $42.01 | $840,200.00 | | |
| 10/22/2015 | Chester (Chet) Idziszek | Director | Buy | 119,000 | $0.0250 | $2,975.00 | | |
| 3/23/2015 | Irving Bolotin | Director | Sell | 1,300 | $50.65 | $65,845.00 | | |
(Data available from 1/1/2013 forward)
Lennar (NYSE LEN) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Photos: New townhome community in Garden Oaks to open soon
www.bizjournals.com - April 25 at 5:22 PM |
 | D.R. Horton's (DHI) Q2 Earnings: Is a Beat in the Cards?
finance.yahoo.com - April 25 at 8:29 AM |
 | Lennar (LEN) Downgraded by ValuEngine
www.americanbankingnews.com - April 25 at 12:58 AM |
 | Lennar Corporation (LEN) Ex-Dividend Date Scheduled for April 24, 2018
www.nasdaq.com - April 23 at 5:06 PM |
| See what the IHS Markit Score report has to say about Lennar Corp.
finance.yahoo.com - April 23 at 8:23 AM |
| Lennar Co. (LEN) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - April 22 at 3:28 PM |
| Financial Comparison: Gafisa (GFA) vs. Lennar (LEN)
www.americanbankingnews.com - April 21 at 5:34 AM |
| Lennar (LEN) PT Raised to $61.00
www.americanbankingnews.com - April 20 at 6:24 PM |
| Companion to Northeast Minneapolis luxury apartment tower slashed from 26 stories to 12
www.bizjournals.com - April 20 at 5:14 PM |
 | Lennar Expects Strong 2018 Growth
seekingalpha.com - April 20 at 8:37 AM |
| We have a housing shortage: Lennar executive chairman
finance.yahoo.com - April 19 at 5:30 PM |
| Lennar (LEN) Downgraded by Barclays to "Equal Weight"
www.americanbankingnews.com - April 19 at 4:34 PM |
| Lennar's (LEN) "Buy" Rating Reiterated at Mizuho
www.americanbankingnews.com - April 19 at 2:58 PM |
| Lennar Co. Plans Quarterly Dividend of $0.04 (LEN)
www.americanbankingnews.com - April 19 at 8:18 AM |
| Lennar (LEN) Price Target Raised to $64.00 at Royal Bank of Canada
www.americanbankingnews.com - April 18 at 1:56 PM |
| $5.23 Billion in Sales Expected for Lennar Co. (LEN) This Quarter
www.americanbankingnews.com - April 18 at 4:16 AM |
| Homebuying startup breaking into the Triangle, inks Lennar partnership
www.bizjournals.com - April 17 at 8:45 AM |
| Contrasting Lennar (LEN) & Installed Building Prods (IBP)
www.americanbankingnews.com - April 16 at 3:17 PM |
| How Did Lena Lighting SA.’s (WSE:LEN) 11.71% ROE Fare Against The Industry?
finance.yahoo.com - April 16 at 8:26 AM |
| Stalled Mobility; Another Problem For The Housing Market
finance.yahoo.com - April 16 at 8:26 AM |
| Brokerages Anticipate Lennar Co. (LEN) to Announce $0.53 EPS
www.americanbankingnews.com - April 16 at 5:15 AM |
| Lennar's (LEN) Buy Rating Reiterated at Keefe, Bruyette & Woods
www.americanbankingnews.com - April 15 at 11:35 AM |
| Lennar (LEN) Lowered to Sell at BidaskClub
www.americanbankingnews.com - April 14 at 10:19 PM |
| Stuart Miller relinquishes CEO job at Lennar to Beckwitt
finance.yahoo.com - April 12 at 5:26 PM |
 | Lennar (LEN) Appoints Stuart Miller as Executive Chairman, Rick Beckwitt Named as CEO
www.streetinsider.com - April 12 at 8:55 AM |
 | UPDATE 1-Lennar CEO to become executive chairman
www.reuters.com - April 12 at 8:55 AM |
| Lennar CEO to become executive chairman
finance.yahoo.com - April 12 at 8:55 AM |
| Lennar's Board of Directors Elects New Executive Positions
finance.yahoo.com - April 12 at 8:55 AM |
| Lennar names new CEO and CFO as part of leadership reshuffle
finance.yahoo.com - April 12 at 8:55 AM |
| Lennar Co. (LEN) to Post Q2 2018 Earnings of $0.47 Per Share, KeyCorp Forecasts
www.americanbankingnews.com - April 11 at 8:43 AM |
| Deutsche Bank Trims Lennar (LEN) Target Price to $65.00
www.americanbankingnews.com - April 10 at 10:57 AM |
| Lennar Remains Positive on Housing Industry
finance.yahoo.com - April 10 at 8:41 AM |
| Analyzing Gafisa (GFA) and Lennar (LEN)
www.americanbankingnews.com - April 10 at 1:31 AM |
| Insider Selling: Lennar Co. (LEN) Director Sells 2,095 Shares of Stock
www.americanbankingnews.com - April 9 at 7:19 PM |
| Lennar (LEN) Given a $80.00 Price Target at Mizuho
www.americanbankingnews.com - April 9 at 7:54 AM |
| Q2 2018 EPS Estimates for Lennar Co. (LEN) Cut by Analyst
www.americanbankingnews.com - April 9 at 1:39 AM |
 | Lennar Corporation (LEN) Q1 2018 Earnings Conference Call Transcript
www.fool.com - April 6 at 8:41 AM |
| Jim Cramer: Strong March Jobs Report Should Help (Not Hurt) Homebuilder Stocks
finance.yahoo.com - April 6 at 8:41 AM |
| Lennar Co. (LEN) Expected to Earn Q3 2018 Earnings of $1.21 Per Share
www.americanbankingnews.com - April 6 at 7:24 AM |
| Berkshire Hathaway acquires Miami-Dade brokerage with 24 agents
www.bizjournals.com - April 5 at 5:10 PM |
| Lennar Corp. (LEN): Merger Ahead Of Synergy Expectations, PT To $73 - Citi
www.streetinsider.com - April 5 at 5:10 PM |
| [$$] The Housing Rebound is Right on Track
finance.yahoo.com - April 5 at 5:10 PM |
| UBS Initiates Coverage on Lennar (LEN)
www.americanbankingnews.com - April 5 at 3:30 PM |
| Lennar (LEN) Stock Rating Reaffirmed by Wedbush
www.americanbankingnews.com - April 5 at 1:43 PM |
| Citigroup Increases Lennar (LEN) Price Target to $73.00
www.americanbankingnews.com - April 5 at 1:10 PM |
| Lennar (LEN) PT Lowered to $78.00
www.americanbankingnews.com - April 5 at 12:57 PM |
| Lennar (LEN) Given a $81.00 Price Target at Credit Suisse Group
www.americanbankingnews.com - April 5 at 11:20 AM |
| Top Stock LGI Homes Breaks Out To Buy Zone On Strong Growth
finance.yahoo.com - April 5 at 10:27 AM |
 | Boeing and Acuity Brands skid while Lennar and Hormel jump
marketbeat.com - April 4 at 4:34 PM |
 | Stocks to Watch: Boeing, GM, Nvidia, Facebook, Amazon, Apple, Spotify, CBS, Cloudera, Lennar
blogs.wsj.com - April 4 at 4:04 PM |
Lennar (NYSE:LEN) SEC Filings
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Lennar (NYSE:LEN) Income Statement, Balance Sheet and Cash Flow Statement
Lennar (NYSE LEN) Stock Chart for Wednesday, April, 25, 2018
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