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
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 Ratio0.84
Price-To-Earnings
Trailing P/E Ratio14.19
Forward P/E Ratio9.01
P/E Growth0.47
Sales & Book Value
Annual Sales$12.65 billion
Price / Sales1.41
Cash Flow$4.1173 per share
Price / Cash13.13
Book Value$41.58 per share
Price / Book1.30
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$17,811.58
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. Stockholders of record on Thursday, July 12th will be given a dividend of $0.04 per share on Thursday, July 26th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date is Wednesday, July 11th. View Lennar's Dividend History.
How were Lennar's earnings last quarter?
Lennar Co. (NYSE:LEN) issued its quarterly earnings data on Tuesday, June, 26th. The construction company reported $1.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $1.13. The construction company had revenue of $5.46 billion for the quarter, compared to analyst estimates of $5.10 billion. Lennar had a net margin of 6.49% and a return on equity of 12.82%. The company's revenue for the quarter was up 67.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.91 earnings per share. View Lennar's Earnings History.
When is Lennar's next earnings date?
What price target have analysts set for LEN?
19 equities research analysts have issued twelve-month target prices for Lennar's stock. Their predictions range from $56.00 to $93.00. On average, they anticipate Lennar's stock price to reach $72.5333 in the next year. This suggests a possible upside of 34.2% from the stock's current price. View Analyst Ratings 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."
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)
Has Lennar been receiving favorable news coverage?
Headlines about LEN stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Lennar earned a news impact score of 0.12 on Accern's scale. They also assigned news headlines about the construction company an impact score of 46.06 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are Lennar's major shareholders?
Lennar's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), Xact Kapitalforvaltning AB (0.01%), Norman Fields Gottscho Capital Management LLC (0.01%), DnB Asset Management AS (0.01%), Atria Investments LLC (0.01%) and New England Research & Management Inc. (0.01%). 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 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, Jonathan M Jaffe and Mark Sustana. View Insider Buying and Selling for Lennar.
Which institutional investors are buying Lennar stock?
LEN stock was bought by a variety of institutional investors in the last quarter, including DnB Asset Management AS, New England Research & Management Inc., Hudson Valley Investment Advisors Inc. ADV, Manning & Napier Group LLC, Gateway Investment Advisers LLC, Clinton Group Inc., Norman Fields Gottscho Capital Management LLC and Xact Kapitalforvaltning AB. 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 $54.06.
How big of a company is Lennar?
Lennar has a market capitalization of $17.81 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 (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.
