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

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$45.88 +0.68 (+1.50 %)
(As of 01/16/2019 03:07 AM ET)
Previous Close$45.20
Today's Range$45.04 - $46.25
52-Week Range$37.29 - $72.17
Volume2.94 million shs
Average Volume5.66 million shs
Market Capitalization$15.33 billion
P/E Ratio7.23
Dividend Yield0.34%
Beta1.17
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.

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Industry, Sector and Symbol

Industry General building contractors - residential buildings
Sub-IndustryHomebuilding
SectorConstruction
CUSIP52605710
Phone305-559-4000

Debt

Current Ratio12.62
Quick Ratio0.72

Price-To-Earnings

Sales & Book Value

Annual Sales$20.57 billion
Price / Sales0.74
Cash Flow$4.0710 per share
Price / Cash Flow11.27
Book Value$33.28 per share
Price / Book1.38

Profitability

Net Income$1.70 billion
Net Margins8.24%
Return on Assets6.79%

Miscellaneous

Employees9,111
Market Cap$15.33 billion
OptionableOptionable

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 Friday, January 11th. Shareholders of record on Friday, January 25th will be paid a dividend of $0.04 per share on Friday, February 8th. This represents a $0.16 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date is Thursday, January 24th. View Lennar's Dividend History.

How were Lennar's earnings last quarter?

Lennar Co. (NYSE:LEN) released its earnings results on Wednesday, January, 9th. The construction company reported $1.96 EPS for the quarter, beating analysts' consensus estimates of $1.91 by $0.05. The construction company earned $6.46 billion during the quarter, compared to analysts' expectations of $6.46 billion. Lennar had a return on equity of 14.02% and a net margin of 8.24%. Lennar's revenue was up 70.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.29 EPS. View Lennar's Earnings History.

When is Lennar's next earnings date?

Lennar is scheduled to release their next quarterly earnings announcement on Wednesday, April 3rd 2019. View Earnings Estimates for Lennar.

What price target have analysts set for LEN?

17 Wall Street analysts have issued 12-month price targets for Lennar's stock. Their forecasts range from $45.00 to $77.00. On average, they expect Lennar's share price to reach $59.00 in the next year. This suggests a possible upside of 28.6% from the stock's current price. View Analyst Price Targets for Lennar.

What is the consensus analysts' recommendation for Lennar?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 1 hold rating and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lennar.

Has Lennar been receiving favorable news coverage?

News stories about LEN stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lennar earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the stock's share price in the next few days.

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 a variety of of retail and institutional investors. Top institutional investors include Factory Mutual Insurance Co. (0.09%), DNB Asset Management AS (0.02%), Gulf International Bank UK Ltd (0.02%), Boothe Investment Group Inc. (0.01%), Norman Fields Gottscho Capital Management LLC (0.01%) and Louisiana State Employees Retirement System (0.00%). 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 Factory Mutual Insurance Co., Gulf International Bank UK Ltd, Norman Fields Gottscho Capital Management LLC, Louisiana State Employees Retirement System and First National Bank of Mount Dora Trust Investment Services. 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 and Jonathan M Jaffe. View Insider Buying and Selling for Lennar.

Which major investors are buying Lennar stock?

LEN stock was acquired by a variety of institutional investors in the last quarter, including Boothe Investment Group Inc., DNB Asset Management AS, CENTRAL TRUST Co, Cerebellum GP LLC, Dubuque Bank & Trust Co., Spirit of America Management Corp NY and Gateway Investment Advisers 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 $45.88.

How big of a company is Lennar?

Lennar has a market capitalization of $15.33 billion and generates $20.57 billion in revenue each year. The construction company earns $1.70 billion in net income (profit) each year or $6.35 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:  2.9 out of 5 (star star)
Outperform Votes:  677 (Vote Outperform)
Underperform Votes:  507 (Vote Underperform)
Total Votes:  1,184
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 1/16/2019 by MarketBeat.com Staff

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