NYSE:LENLennar Stock Price, Forecast & News

$63.47

+3.26 (+5.41 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$60.79

Now: $63.47▼

$63.79

50-Day Range

$39.82

MA: $51.42▼

$64.99

52-Week Range

$25.42

Now: $63.47▼

$71.38

Volume4.52 million shs

Average Volume4.02 million shs

Market Capitalization$19.82 billion

P/E Ratio10.09

Dividend Yield0.79%

Beta1.56

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.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Lennar has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 10 buy ratings, 8 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $57.17, Lennar has a potential downside of 9.9% from its current price of $63.47.
Amount of Analyst Coverage
Lennar has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.8 Community Rank

Outperform Votes
Lennar has received 772 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Lennar has received 606 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Lennar has received 56.02% “outperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Lennar is a leading dividend payer. It pays a dividend yield of 0.79%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Lennar does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Lennar is 8.71 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Lennar will have a dividend payout ratio of 8.71 % next year. This indicates that Lennar will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lennar insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.60% of the stock of Lennar is held by insiders.
Percentage Held by Institutions
82.28% of the stock of Lennar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Lennar are expected to grow by 3.05% in the coming year, from $5.57 to $5.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lennar is 10.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lennar is 10.09, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 39.15.
Price to Earnings Growth Ratio
Lennar has a PEG Ratio of 3.50. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Lennar has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.26 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry General building contractors - residential buildings

Sub-IndustryHomebuilding

SectorConstruction

Current SymbolNYSE:LEN

Previous Symbol

CUSIP52605710

CIK920760

Webwww.lennar.com

Phone305-559-4000

Debt

Debt-to-Equity Ratio0.50

Current Ratio12.65

Quick Ratio0.71

Price-To-Earnings

Trailing P/E Ratio10.09

Forward P/E Ratio11.39

P/E Growth3.5

Sales & Book Value

Annual Sales$22.26 billion

Price / Sales0.89

Cash Flow$6.39 per share

Price / Cash Flow9.93

Book Value$50.76 per share

Price / Book1.25

Profitability

EPS (Most Recent Fiscal Year)$5.74

Net Income$1.85 billion

Net Margins8.77%

Return on Equity12.76%

Return on Assets6.83%

Miscellaneous

Employees10,106

Outstanding Shares312,240,000

Market Cap$19.82 billion

Next Earnings Date6/16/2020 (Confirmed)

OptionableOptionable

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Lennar (NYSE:LEN) Frequently Asked Questions

How has Lennar's stock been impacted by COVID-19 (Coronavirus)?

Lennar's stock was trading at $53.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LEN shares have increased by 18.8% and is now trading at $63.47. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Lennar?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 8 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Lennar.

When is Lennar's next earnings date?

Lennar is scheduled to release its next quarterly earnings announcement on Tuesday, June 16th 2020. View our earnings forecast for Lennar.

How can I listen to Lennar's earnings call?

Lennar will be holding an earnings conference call on Tuesday, June 16th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Lennar's earnings last quarter?

Lennar Co. (NYSE:LEN) posted its quarterly earnings results on Thursday, March, 19th. The construction company reported $1.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.84 by $0.43. The construction company had revenue of $4.50 billion for the quarter, compared to analysts' expectations of $4.13 billion. Lennar had a return on equity of 12.76% and a net margin of 8.77%. The business's revenue was up 16.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.74 EPS. View Lennar's earnings history.

How often does Lennar pay dividends? What is the dividend yield for Lennar?

Lennar declared a quarterly dividend on Tuesday, April 7th. Stockholders of record on Tuesday, April 21st will be paid a dividend of $0.125 per share on Tuesday, May 5th. This represents a $0.50 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Monday, April 20th. View Lennar's dividend history.

What price target have analysts set for LEN?

18 analysts have issued 12 month target prices for Lennar's stock. Their forecasts range from $36.00 to $78.00. On average, they expect Lennar's stock price to reach $57.17 in the next year. This suggests that the stock has a possible downside of 9.9%. View analysts' price targets for Lennar.

Has Lennar been receiving favorable news coverage?

Media coverage about LEN stock has trended negative this week, according to InfoTrie. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lennar earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave news headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutLennar.

Are investors shorting Lennar?

Lennar saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 9,450,000 shares, an increase of 7.3% from the April 30th total of 8,810,000 shares. Based on an average daily trading volume, of 4,120,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 3.5% of the company's stock are short sold. View Lennar's Current Options Chain.

Who are some of Lennar's key competitors?

Some companies that are related to Lennar include D. R. Horton (DHI), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), KB Home (KBH), Meritage Homes (MTH), M.D.C. (MDC), TRI Pointe Group (TPH), Cavco Industries (CVCO), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV). View all competitors.

What other stocks do shareholders of Lennar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lennar investors own include Walt Disney (DIS), Alibaba Group (BABA), NVIDIA (NVDA), Intel (INTC), Bank of America (BAC), Home Depot (HD), AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO) and Johnson & Johnson (JNJ).

Who are Lennar's key executives?

Lennar's management team includes the following 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)

What is Lennar's stock symbol?

Lennar trades on the New York Stock Exchange (NYSE) under the ticker symbol "LEN."

Who are Lennar's major shareholders?

Lennar's stock is owned by a number of retail and institutional investors. Top institutional shareholders include The Manufacturers Life Insurance Company (4.04%), Wellington Management Group LLP (1.75%), Sound Shore Management Inc. CT (0.81%), Smead Capital Management Inc. (0.51%), TCW Group Inc. (0.48%) and Invesco Ltd. (0.42%). Company insiders that own Lennar stock include David M Collins, Diane J Bessette, Irving Bolotin, Jeffrey Joseph Mccall, Jonathan M Jaffe and Scott D Stowell. 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 Wellington Management Group LLP, Squarepoint Ops LLC, Cipher Capital LP, Invesco Ltd., APG Asset Management N.V., Schroder Investment Management Group, Lord Abbett & CO. LLC, and Teacher Retirement System of Texas. Company insiders that have sold Lennar company stock in the last year include David M Collins, Diane J Bessette, Irving Bolotin, Jeffrey Joseph Mccall, Jonathan M Jaffe, and Scott D Stowell. View insider buying and selling activity for Lennar.

Which major investors are buying Lennar stock?

LEN stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Wedge Capital Management L L P NC, Sound Shore Management Inc. CT, Gateway Investment Advisers LLC, Basswood Capital Management L.L.C., Eagle Asset Management Inc., Swiss National Bank, and Carillon Tower Advisers Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Lennar's stock price today?

One share of LEN stock can currently be purchased for approximately $63.47.

How big of a company is Lennar?

Lennar has a market capitalization of $19.82 billion and generates $22.26 billion in revenue each year. The construction company earns $1.85 billion in net income (profit) each year or $5.74 on an earnings per share basis. Lennar employs 10,106 workers across the globe.

What is Lennar's official website?

The official website for Lennar is 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]

This page was last updated on 6/4/2020 by MarketBeat.com Staff