Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Lennar Financial Services, Lennar Multifamily, and Rialto segments. The company's 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. It 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. 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 develops, constructs, and manages multifamily rental properties. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryHomebuilding
SectorConstruction
Phone305-559-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$20.57 billion
Profitability
Miscellaneous
Employees11,626
Next Earnings Date3/27/2019 (Confirmed)
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 declared a quarterly dividend on Friday, January 11th. Stockholders 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 annualized dividend and a dividend yield of 0.34%. The ex-dividend date of this dividend is Thursday, January 24th. View Lennar's Dividend History.
How were Lennar's earnings last quarter?
Lennar Co. (NYSE:LEN) released its quarterly earnings data 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 had revenue of $6.46 billion for the quarter, compared to the consensus estimate of $6.46 billion. Lennar had a net margin of 8.24% and a return on equity of 13.76%. The business's revenue for the quarter was up 70.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.29 EPS. View Lennar's Earnings History.
When is Lennar's next earnings date?
What price target have analysts set for LEN?
14 equities research analysts have issued 12 month target prices for Lennar's stock. Their forecasts range from $49.00 to $71.00. On average, they anticipate Lennar's share price to reach $57.1538 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View Analyst Price Targets for Lennar.
What is the consensus analysts' recommendation for Lennar?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 2 hold ratings and 12 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 headlines about LEN stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lennar earned a news sentiment score of 1.1 on InfoTrie's scale. They also assigned news articles about the construction company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.
Who are some of Lennar's key competitors?
Some companies that are related to Lennar include VINCI S A/ADR (VCISY), Sherwin-Williams (SHW), Lafargeholcim (HCMLY), CRH (CRH), ATLANTIA SPA/ADR (ATASY), Weyerhaeuser (WY), FERROVIAL S A/ADR (FRRVY), D. R. Horton (DHI), Vulcan Materials (VMC), HEIDELBERGCEMEN/ADR (HDELY), Rollins (ROL), Lennar (LEN.B), Nippon Paint (NPCPF), Martin Marietta Materials (MLM) and Masco (MAS).
What other stocks do shareholders of Lennar own?
Who are Lennar's key executives?
Lennar's management team includes the folowing people:
- Mr. Stuart A. Miller, Exec. Chairman (Age 61)
- Mr. Richard Beckwitt, CEO & Director (Age 60)
- Mr. Jonathan M. Jaffe, Pres & Director (Age 59)
- Ms. Diane J. Bessette, VP, CFO & Treasurer (Age 58)
- Mr. Mark Sustana, VP, Gen. Counsel & Sec. (Age 57)
Who are Lennar's major shareholders?
Lennar's stock is owned by a number of of retail and institutional investors. Top institutional investors include Oregon Public Employees Retirement Fund (1.34%), Abrams Bison Investments LLC (0.91%), Sound Shore Management Inc. CT (0.83%), Barrow Hanley Mewhinney & Strauss LLC (0.80%), Smead Capital Management Inc. (0.47%) and United Services Automobile Association (0.24%). Company insiders that own Lennar stock include Bruce E Gross, 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., Squarepoint Ops LLC, Lord Abbett & CO. LLC, Ulysses Management LLC, Smead Capital Management Inc., Game Creek Capital LP, Affinity Investment Advisors LLC and Lodge Hill Capital LLC. Company insiders that have sold Lennar company stock in the last year include 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 bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Abrams Bison Investments LLC, Sound Shore Management Inc. CT, MUFG Securities EMEA plc, MUFG Securities EMEA plc, Ruffer LLP, AMF Pensionsforsakring AB and Lakewood Capital Management LP. 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 $47.43.
How big of a company is Lennar?
Lennar has a market capitalization of $15.38 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 11,626 workers across the globe.
What is Lennar's official website?
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)
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.
