About Lennar (NYSE:LEN)
Lennar Corporation is a provider of real estate related financial services, commercial real estate, investment management and finance company. The Company is a homebuilder that operates in various states. Its segments include Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto and Lennar Multifamily. It is a developer of multifamily rental properties. 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. It operates primarily under the Lennar brand name. The Lennar Financial Services segment includes mortgage financing, title insurance and closing services for both buyers of its homes and others. The Rialto segment is a real estate, investment management, and finance company. The Lennar Multifamily segment focuses on developing a portfolio of institutional multifamily rental properties in the United States markets.
Industry, Sector and Symbol
Industry CONSTRUCT/BLDG SERV
Trailing P/E Ratio17.1578947368421
Forward P/E Ratio11.13
Sales & Book Value
Annual Sales$12.65 billion
Price / Sales1.12
Cash Flow$4.05 per share
Price / Cash14.55
Book Value$33.28 per share
Price / Book1.77
Net Income$810.48 million
Return on Equity12.00%
Return on Assets5.30%
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 Thursday, January 11th. Shareholders of record on Friday, January 26th will be given a dividend of $0.04 per share on Friday, February 9th. This represents a $0.16 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date is Thursday, January 25th. View Lennar's Dividend History.
How were Lennar's earnings last quarter?
Lennar Co. (NYSE:LEN) posted its quarterly earnings data on Wednesday, January, 10th. The construction company reported $1.29 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.50 by $0.21. The construction company had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.59 billion. Lennar had a net margin of 6.41% and a return on equity of 12.00%. The firm's quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.34 EPS. View Lennar's Earnings History.
Where is Lennar's stock going? Where will Lennar's stock price be in 2018?
17 equities research analysts have issued 1-year price targets for Lennar's shares. Their predictions range from $53.00 to $82.00. On average, they expect Lennar's share price to reach $67.93 in the next twelve months. View Analyst Ratings for Lennar.
Are investors shorting Lennar?
Lennar saw a decline in short interest in the month of February. As of February 28th, there was short interest totalling 14,164,190 shares, a decline of 60.7% from the February 15th total of 36,048,557 shares. Based on an average trading volume of 5,311,482 shares, the days-to-cover ratio is presently 2.7 days. Currently, 8.1% of the company's shares are sold short.
Who are some of Lennar's key competitors?
Some companies that are related to Lennar include D. R. Horton (DHI), Lennar (LEN.B), NVR (NVR), Rollins (ROL), Jacobs Engineering Group (JEC), PulteGroup (PHM), Fluor (FLR), Toll Brothers (TOL), Servicemaster Global (SERV), Thor Industries (THO), Weir Group (WEGRY), SPIRAX-SARCO ENG (SPXSF), Aecom (ACM), Quanta Services (PWR), Gates Industrial (GTES), Babcock Intl Group (BCKIY), Emcor Group (EME) and IMI (IMIAY).
Who are Lennar's key executives?
Lennar's management team includes the folowing people:
- Richard Beckwitt, President (Age 58)
- Stuart A. Miller, Chief Executive Officer, Director (Age 60)
- Bruce E. Gross, Chief Financial Officer, Vice President (Age 59)
- Jonathan M. Jaffe, Chief Operating Officer, Vice President (Age 58)
- Diane J. Bessette, Vice President, Treasurer (Age 57)
- Mark Sustana, General Counsel, Secretary (Age 56)
- David M. Collins, Controller (Age 48)
- Sidney Lapidus, Lead Independent Director (Age 80)
- Scott D. Stowell, Director (Age 60)
- Irving Bolotin, Independent Director (Age 85)
Has Lennar been receiving favorable news coverage?
Media coverage about LEN stock has trended somewhat positive on Friday, Accern reports. Accern scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Lennar earned a media sentiment score of 0.06 on Accern's scale. They also gave news headlines about the construction company an impact score of 44.85 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Lennar's major shareholders?
Lennar's stock is owned by many different of retail and institutional investors. Top institutional investors include Eagle Asset Management Inc. (0.52%), Glenhill Advisors LLC (0.45%), Sterling Capital Management LLC (0.40%), Carillon Tower Advisers Inc. (0.36%), Capital Growth Management LP (0.34%) and Guggenheim Capital LLC (0.29%). Company insiders that own Lennar stock include Bruce E Gross, Chester (Chet) Idziszek, David M Collins, Diane J Bessette, 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 Capital Growth Management LP, Guggenheim Capital LLC, MD Sass Investors Services Inc., Sterling Capital Management LLC, State of Wisconsin Investment Board, SG Americas Securities LLC, Basswood Capital Management L.L.C. and State of Tennessee Treasury Department. Company insiders that have sold Lennar company stock in the last year include Bruce E Gross, David M Collins, Diane J Bessette, Jonathan M Jaffe and Mark Sustana. 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 Glenhill Advisors LLC, Carillon Tower Advisers Inc., Clearbridge Investments LLC, Bamco Inc. NY, Westwood Management Corp IL, Two Sigma Investments LP, Assenagon Asset Management S.A. and Quantitative Investment Management 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 $58.90.
How big of a company is Lennar?
Lennar has a market capitalization of $14.37 billion and generates $12.65 billion in revenue each year. The construction company earns $810.48 million in net income (profit) each year or $3.42 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Lennar (NYSE:LEN) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Hold||Buy|
|Consensus Rating Score: ||2.76||2.75||2.47||2.53|
|Ratings Breakdown: ||0 Sell Rating(s)|
4 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
8 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
9 Hold Rating(s)
7 Buy Rating(s)
1 Strong Buy Rating(s)
|Consensus Price Target: ||$67.93||$67.21||$58.23||$56.20|
|Price Target Upside: ||15.33% upside||13.27% upside||6.61% upside||8.70% upside|
Lennar (NYSE:LEN) Consensus Price Target History
Lennar (NYSE:LEN) Analyst Ratings History
(Data available from 3/23/2016 forward)
Lennar (NYSE:LEN) Earnings History and Estimates Chart
Lennar (NYSE LEN) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/10/2018||Q4 2017||$1.50||$1.29||$3.59 billion||$3.79 billion||View||Listen|
|10/3/2017||Q3 2017||$1.01||$1.06||$3.25 billion||$3.26 billion||View||N/A|
|6/20/2017||Q2 2017||$0.78||$0.91||$2.90 billion||$3.26 billion||View||N/A|
|4/10/2017||Q1 2017||$0.54||$0.59||$2.17 billion||$2.34 billion||View||N/A|
|3/21/2017||Q1 2017||$0.56||$0.59||$2.18 billion||$2.34 billion||View||N/A|
|12/19/2016||Q416||$1.27||$1.34||$3.32 billion||$3.38 billion||View||N/A|
|9/20/2016||Q316||$0.88||$1.01||$2.66 billion||$2.83 billion||View||Listen|
|6/21/2016||Q216||$0.87||$0.95||$2.58 billion||$2.75 billion||View||Listen|
|3/29/2016||Q116||$0.52||$0.63||$1.86 billion||$1.79 billion||View||Listen|
|12/18/2015||Q415||$1.12||$1.21||$2.99 billion||$2.95 billion||View||Listen|
|9/21/2015||Q315||$0.79||$0.96||$2.42 billion||$2.49 billion||View||Listen|
|6/24/2015||Q215||$0.64||$0.79||$2.05 billion||$2.39 billion||View||Listen|
|3/19/2015||Q115||$0.45||$0.50||$1.50 billion||$1.64 billion||View||N/A|
|1/15/2015||Q414||$0.96||$1.07||$2.59 billion||$2.60 billion||View||N/A|
|9/17/2014||Q314||$0.67||$0.78||$1.94 billion||$2.01 billion||View||N/A|
|6/26/2014||Q214||$0.51||$0.61||$1.68 billion||$1.82 billion||View||N/A|
|3/20/2014||Q114||$0.28||$0.35||$1.28 billion||$1.40 billion||View||N/A|
|12/18/2013||Q4||$0.62||$0.73||$1.88 billion||$1.92 billion||View||Listen|
|9/24/2013||Q313||$0.45||$0.54||$1.56 billion||$1.60 billion||View||N/A|
|6/25/2013||Q2 2013||$0.33||$0.61||$1.33 billion||$1.40 billion||View||Listen|
|3/20/2013||Q1 2013||$0.16||$0.26||$897.99 million||$989.90 million||View||Listen|
|1/15/2013||Q4 2012||$0.43||$0.56||$1.32 billion||$135.00 billion||View||Listen|
|9/24/2012||Q312||$0.28||$0.40||$1.05 billion||$1.10 billion||View||N/A|
Lennar (NYSE:LEN) Earnings Estimates
2018 EPS Consensus Estimate: $5.39
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Lennar (NYSE:LEN) Dividend Information
|Most Recent Dividend:||2/9/2018|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||4.68% (Trailing 12 Months of Earnings) |
3.02% (Based on This Year's Estimates)
2.76% (Based on Next Year's Estimates)
Lennar (NYSE:LEN) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Lennar (NYSE LEN) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 8.50%
Institutional Ownership Percentage: 88.73%
Lennar (NYSE LEN) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|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||$0.03||$2,975.00|
|3/23/2015||Irving Bolotin||Director||Sell||1,300||$50.65||$65,845.00|| |
Lennar (NYSE LEN) News Headlines
|Lennar Co. (LEN) Expected to Announce Quarterly Sales of $2.65 Billion|
www.americanbankingnews.com - March 15 at 6:16 AM
|Lennar Co. (LEN) Sees Large Decrease in Short Interest|
www.americanbankingnews.com - March 15 at 3:07 AM
|Zacks Investment Research Downgrades Lennar (LEN) to Hold|
www.americanbankingnews.com - March 14 at 12:37 PM
|Residential real estate consultant gives take on Charlotte's homebuilding market — and what's on the horizon - Charlotte Business Journal|
www.bizjournals.com - March 14 at 8:50 AM
|Lennar (LEN) Upgraded to Buy at Zacks Investment Research|
www.americanbankingnews.com - March 13 at 1:51 PM
|Lennar Co. (LEN) Expected to Post Earnings of $0.82 Per Share|
www.americanbankingnews.com - March 13 at 12:19 PM
|Lennar (LEN) to Release Quarterly Earnings on Monday|
www.americanbankingnews.com - March 12 at 2:20 AM
|'Instant' homebuying startup Opendoor is coming to Minneapolis|
www.bizjournals.com - March 8 at 6:25 PM
|SF fintech Opendoor hiring for Charlotte, Nashville, Minneapolis expansion - San Francisco Business Times|
www.bizjournals.com - March 8 at 8:35 AM
|Global Residential Building Construction Industry Report 2018 ... - GlobeNewswire (press release)|
globenewswire.com - March 7 at 8:30 AM
|MD Sass Investors Services Inc. Lowers Holdings in Lennar Co. (LEN)|
www.americanbankingnews.com - March 6 at 9:58 AM
|3 big rezoning applications filed in Miami-Dade, including home community by Lennar|
www.bizjournals.com - March 5 at 5:42 PM
|Homebuilders are in correction territory, but one technician says you should buy the pullback|
finance.yahoo.com - March 5 at 5:42 PM
|33,638 Shares in Lennar Co. (LEN) Purchased by Long Pond Capital LP|
www.americanbankingnews.com - March 5 at 1:08 PM
|Corient Capital Partners LLC Has $1.16 Million Stake in Lennar Co. (LEN)|
www.americanbankingnews.com - March 5 at 12:27 PM
|Lennar Co. (LEN) Sees Large Growth in Short Interest|
www.americanbankingnews.com - March 5 at 2:10 AM
|Lennar Co. (LEN) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - March 3 at 5:32 PM
|Lennar Co. (LEN) Shares Sold by State of Tennessee Treasury Department|
www.americanbankingnews.com - March 3 at 10:12 AM
|Lennar Co. (LEN) Shares Bought by First Republic Investment Management Inc.|
www.americanbankingnews.com - March 3 at 9:58 AM
|[$$] The Housing Market's Rebound Is Far From Over|
finance.yahoo.com - March 3 at 8:28 AM
|Argus Increases Lennar (LEN) Price Target to $70.00|
www.americanbankingnews.com - March 1 at 6:56 PM
|State of Wisconsin Investment Board Decreases Position in Lennar Co. (LEN)|
www.americanbankingnews.com - March 1 at 6:04 PM
|Harwood Advisory Group LLC Acquires New Stake in Lennar Co. (LEN)|
www.americanbankingnews.com - March 1 at 2:34 PM
|ValuEngine Downgrades Lennar (LEN) to Buy|
www.americanbankingnews.com - February 28 at 10:16 PM
|BRIEF-Lennar Corp - CEO Stuart Miller's 2017 Total Compensation Was $19.1 Mln Versus $19.2 Mln In 2016 - SEC Filing|
www.reuters.com - February 28 at 5:54 PM
|Lennar (LEN) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - February 28 at 4:02 PM
|FDx Advisors Inc. Buys 1,212 Shares of Lennar Co. (LEN)|
www.americanbankingnews.com - February 28 at 10:52 AM
|Norinchukin Bank The Has $1.03 Million Position in Lennar Co. (LEN)|
www.americanbankingnews.com - February 27 at 12:46 PM
|First Trust Advisors LP Has $19.37 Million Position in Lennar Co. (LEN)|
www.americanbankingnews.com - February 26 at 9:04 AM
|Carillon Tower Advisers Inc. Buys Shares of 839,692 Lennar Co. (LEN)|
www.americanbankingnews.com - February 26 at 4:56 AM
|Lennar (LEN) Raised to Outperform at Evercore ISI|
www.americanbankingnews.com - February 24 at 3:50 PM
|$0.82 Earnings Per Share Expected for Lennar Co. (LEN) This Quarter|
www.americanbankingnews.com - February 24 at 8:06 AM
|Lennar has big opportunities, challenges after CalAtlantic merger|
finance.yahoo.com - February 21 at 8:32 AM
|Lennar's (LEN) Overweight Rating Reaffirmed at JPMorgan Chase & Co.|
www.americanbankingnews.com - February 18 at 7:00 PM
|Lennar breaks ground on 350-home community in Palm Beach|
www.bizjournals.com - February 17 at 8:22 AM
|TJX Companies Moves Up In Analyst Rankings, Passing Lennar Corp|
www.nasdaq.com - February 16 at 5:11 PM
|Lennar Announces Expiration and Final Results of Exchange Offers for CalAtlantic Notes and Related Consent Solicitations|
finance.yahoo.com - February 16 at 5:11 PM
|Lennar now nation’s largest homebuilder with acquisition of Arlington-based CalAtlantic|
www.bizjournals.com - February 13 at 9:53 AM
|Lennar Completes Strategic Combination with CalAtlantic|
finance.yahoo.com - February 12 at 3:52 PM
|Equities Analysts Offer Predictions for Lennar Co.'s Q1 2018 Earnings (LEN)|
www.americanbankingnews.com - February 12 at 2:20 AM
|FY2018 EPS Estimates for Lennar Co. (LEN) Raised by Analyst|
www.americanbankingnews.com - February 9 at 12:53 PM
|$2.62 Billion in Sales Expected for Lennar Co. (LEN) This Quarter|
www.americanbankingnews.com - February 9 at 6:02 AM
|LMC Announces Start of Leasing at Maris Apartments|
finance.yahoo.com - February 8 at 3:49 PM
|AECOM's (ACM) Q1 Earnings, Revenues Beat Estimates, Up Y/Y|
finance.yahoo.com - February 8 at 8:18 AM
|Barclays: A Combined Lennar, CalAtlantic Has $250M In Synergies In 2019|
finance.yahoo.com - February 8 at 8:18 AM
|Zacks Industry Outlook Highlights: iShares U.S. Home Construction, SPDR S&P Homebuilders, KB Home, Lennar and D.R. Horton|
finance.yahoo.com - February 7 at 9:55 AM
|$0.80 Earnings Per Share Expected for Lennar Co. (LEN) This Quarter|
www.americanbankingnews.com - February 7 at 9:52 AM
|Lennar Co. (LEN) Given Average Rating of "Buy" by Analysts|
www.americanbankingnews.com - February 6 at 3:34 PM
|Lennar (LEN) Upgraded to Strong-Buy at ValuEngine|
www.americanbankingnews.com - February 4 at 11:54 PM
|Lennar Announces Results of Early Tenders to Exchange Offers for CalAtlantic Notes and Related Consent Solicitations|
finance.yahoo.com - February 2 at 9:49 AM
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 Friday, March, 23, 2018