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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
Industry General building contractors - residential buildings
Sub-IndustryHomebuilding
SectorConstruction
SymbolNYSE:LEN
CUSIP52605710
Phone305-559-4000
Debt
Debt-to-Equity Ratio0.79
Current Ratio16.40
Quick Ratio0.84
Price-To-Earnings
Trailing P/E Ratio13.74
Forward P/E Ratio10.71
P/E Growth0.58
Sales & Book Value
Annual Sales$12.65 billion
Price / Sales1.35
Cash Flow$4.1519 per share
Price / Cash12.64
Book Value$33.28 per share
Price / Book1.58
Profitability
EPS (Most Recent Fiscal Year)$3.81
Net Income$810.48 million
Net Margins6.84%
Return on Equity11.65%
Return on Assets5.26%
Miscellaneous
Employees9,111
Outstanding Shares325,680,000
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 Wednesday, April 11th. Shareholders of record on Wednesday, April 25th will be given a dividend of $0.04 per share on Wednesday, May 9th. This represents a $0.16 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date is Tuesday, April 24th. View Lennar's Dividend History.
How were Lennar's earnings last quarter?
Lennar Co. (NYSE:LEN) posted its quarterly earnings results on Wednesday, April, 4th. The construction company reported $1.11 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.76 by $0.35. The construction company earned $2.98 billion during the quarter, compared to analysts' expectations of $3.05 billion. Lennar had a return on equity of 11.65% and a net margin of 6.84%. The company's quarterly revenue was up 27.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.59 earnings per share. View Lennar's Earnings History.
When is Lennar's next earnings date?
What price target have analysts set for LEN?
18 brokers have issued 12 month price targets for Lennar's stock. Their forecasts range from $62.00 to $82.00. On average, they anticipate Lennar's share price to reach $71.6429 in the next twelve months. View Analyst Ratings for Lennar.
Are investors shorting Lennar?
Lennar saw a decrease in short interest during the month of April. As of April 13th, there was short interest totalling 10,762,239 shares, a decrease of 21.6% from the March 30th total of 13,729,575 shares. Based on an average daily trading volume, of 7,048,865 shares, the days-to-cover ratio is currently 1.5 days. Currently, 3.9% of the shares of the company are short sold.
Who are some of Lennar's key competitors?
Who are Lennar's key executives?
Lennar's management team includes the folowing people:
- 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)
- Ms. Diane J. Bessette, CFO, VP & Treasurer (Age 57)
Has Lennar been receiving favorable news coverage?
Headlines about LEN stock have been trending somewhat positive this week, according to Accern. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lennar earned a media sentiment score of 0.15 on Accern's scale. They also gave news articles about the construction company an impact score of 48.11 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Lennar's major shareholders?
Lennar's stock is owned by a number of of institutional and retail investors. Top institutional investors include Smead Capital Management Inc. (0.54%), Long Pond Capital LP (0.54%), Lord Abbett & CO. LLC (0.45%), Swiss National Bank (0.28%), Sumitomo Mitsui Trust Holdings Inc. (0.26%) and Eagle Asset Management Inc. (0.23%). 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 Eagle Asset Management Inc., Lord Abbett & CO. LLC, Carillon Tower Advisers Inc., Federated Investors Inc. PA, MD Sass Investors Services Inc., Bamco Inc. NY, Cambridge Investment Research Advisors Inc. and BB&T Securities LLC. 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 major investors are buying Lennar stock?
LEN stock was bought by a variety of institutional investors in the last quarter, including Long Pond Capital LP, Interval Partners LP, CI Investments Inc., Edgemoor Investment Advisors Inc., Asset Management One Co. Ltd., Sumitomo Mitsui Trust Holdings Inc., Caisse DE Depot ET Placement DU Quebec and Cobalt Capital Management Inc.. 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 $52.48.
How big of a company is Lennar?
Lennar has a market capitalization of $16.95 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 (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.
Lennar (NYSE:LEN) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
18 Wall Street analysts have issued ratings and price targets for Lennar in the last 12 months. Their average twelve-month price target is $71.6429, suggesting that the stock has a possible upside of 36.51%. The high price target for LEN is $82.00 and the low price target for LEN is $62.00. There are currently 3 hold ratings and 15 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.83 | 2.83 | 2.76 | 2.53 |
| Ratings Breakdown: | 0 Sell Rating(s)
3 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
8 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $71.6429 | $71.6429 | $67.2143 | $58.00 |
| Price Target Upside: | 36.51% upside | 17.93% upside | 13.27% upside | 6.19% upside |
Lennar (NYSE:LEN) Consensus Price Target History
Lennar (NYSE:LEN) Analyst Ratings History
Show:
(Data available from 5/21/2016 forward)
Lennar (NYSE:LEN) Dividend Information
Lennar pays an annual dividend of $0.16 per share, with a dividend yield of 0.30%. LEN's most recent quarterly dividend payment was Wednesday, May 9. Lennar pays out 4.20% of its earnings out as a dividend.
| Most Recent Dividend: | 5/9/2018 |
| Annual Dividend: | $0.16 |
| Dividend Yield: | 0.30% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio(s): | 4.20% (Trailing 12 Months of Earnings)
3.27% (Based on This Year's Estimates)
2.39% (Based on Next Year's Estimates)
3.85% (Based on Cash Flow)
|
| Frequency: | Quarterly Dividend |
Lennar (NYSE:LEN) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/11/2018 | Quarterly | $0.04 | 0.28% | 4/24/2018 | 4/25/2018 | 5/9/2018 |
| 1/11/2018 | Quarterly | $0.04 | 0.27% | 1/25/2018 | 1/26/2018 | 2/9/2018 |
| 10/5/2017 | quarterly | $0.04 | 0.29% | 10/18/2017 | 10/19/2017 | 11/2/2017 |
| 6/29/2017 | quarterly | $0.04 | 0.3% | 7/11/2017 | 7/13/2017 | 7/27/2017 |
| 4/19/2017 | quarterly | $0.04 | 0.3% | 4/28/2017 | 5/2/2017 | 5/16/2017 |
| 1/13/2017 | quarterly | $0.04 | 0.36% | 1/25/2017 | 1/27/2017 | 2/10/2017 |
| 9/22/2016 | Quarterly | $0.04 | | 10/3/2016 | 10/5/2016 | 10/20/2016 |
| 6/24/2016 | quarterly | $0.04 | 0.36% | 7/6/2016 | 7/8/2016 | 7/22/2016 |
| 4/14/2016 | quarterly | $0.04 | 0.33% | 4/25/2016 | 4/27/2016 | 5/11/2016 |
| 1/14/2016 | quarterly | $0.04 | 0.39% | 1/26/2016 | 1/28/2016 | 2/11/2016 |
| 10/8/2015 | quarterly | $0.04 | 0.31% | 10/20/2015 | 10/22/2015 | 11/5/2015 |
| 6/24/2015 | quarterly | $0.04 | 0.31% | 7/6/2015 | 7/8/2015 | 7/22/2015 |
| 4/9/2015 | quarterly | $0.04 | 0.32% | 4/20/2015 | 4/22/2015 | 5/6/2015 |
| 1/15/2015 | quarterly | $0.04 | 0.38% | 1/27/2015 | 1/29/2015 | 2/12/2015 |
| 10/3/2014 | quarterly | $0.04 | 0.4% | 10/15/2014 | 10/17/2014 | 10/31/2014 |
| 6/25/2014 | quarterly | $0.04 | 0.39% | 7/8/2014 | 7/10/2014 | 7/24/2014 |
| 4/9/2014 | quarterly | $0.04 | 0.41% | 4/21/2014 | 4/23/2014 | 5/7/2014 |
| 1/16/2014 | quarterly | $0.04 | 0.42% | 1/28/2014 | 1/30/2014 | 2/13/2014 |
| 10/4/2013 | quarterly | $0.04 | 0.46% | 10/16/2013 | 10/18/2013 | 11/1/2013 |
| 6/27/2013 | quarterly | $0.04 | 0.43% | 7/8/2013 | 7/10/2013 | 7/24/2013 |
| 4/10/2013 | quarterly | $0.04 | 0.41% | 4/22/2013 | 4/24/2013 | 5/8/2013 |
| 1/17/2013 | quarterly | $0.04 | 0.38% | 1/30/2013 | 2/1/2013 | 2/15/2013 |
(Data available from 1/1/2013 forward)
Lennar (NYSE LEN) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 8.50%
Institutional Ownership Percentage: 86.14%
Lennar (NYSE LEN) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 5/9/2018 | Jeffrey Joseph Mccall | SVP | Sell | 50,888 | $53.92 | $2,743,880.96 | 190,053 |  |
| 4/6/2018 | Jeffrey Sonnenfeld | Director | Sell | 2,095 | $62.98 | $131,943.10 | 32,072 | |
| 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 | $0.0250 | $2,975.00 | | |
| 3/23/2015 | Irving Bolotin | Director | Sell | 1,300 | $50.65 | $65,845.00 | | |
(Data available from 1/1/2013 forward)
Lennar (NYSE LEN) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Analysts Expect Lennar Co. (LEN) to Post $0.44 EPS
www.americanbankingnews.com - May 20 at 7:22 PM |
 | Lennar Back Down to $50
finance.yahoo.com - May 17 at 6:08 PM |
| Amazon Roundup: Google Ads, Experience Centers, Alexa, Sears
finance.yahoo.com - May 17 at 6:08 PM |
| Lennar Co. (LEN) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 17 at 3:27 PM |
 | Jim Cramer Gives His Opinion On Boston Scientific, Lennar And Discover Financial
www.benzinga.com - May 17 at 8:34 AM |
| Lennar's Elegant New Townhome Models at Verona Trace are Now Open, Highly Sought-After Community Features ...
www.benzinga.com - May 16 at 8:33 AM |
| 3 Charts That Suggest Homebuilder Stocks Are Set to Drop
finance.yahoo.com - May 16 at 8:33 AM |
| Lennar Target of Unusually Large Options Trading (LEN)
www.americanbankingnews.com - May 16 at 6:46 AM |
| Jeffrey Joseph Mccall Sells 50,888 Shares of Lennar Co. (LEN) Stock
www.americanbankingnews.com - May 11 at 7:25 PM |
| Wall Street Week Ahead: Homebuilders poised for gains but face interest-rate fears
finance.yahoo.com - May 11 at 8:44 AM |
 | Amazon Alexa Will Come Built-In to All New Homes From Lennar
fortune.com - May 10 at 8:35 AM |
| 514-acre master-planned community launches in Baytown
finance.yahoo.com - May 10 at 8:34 AM |
 | Amazon rolls out model 'smart' homes for US shoppers to try out Alexa
www.reuters.com - May 9 at 5:24 PM |
 | Amazon's Alexa will be built into all new homes from Lennar
www.usatoday.com - May 9 at 5:24 PM |
 | Lennar, Woodside Homes trade future home lots in Rancho Cordova
www.bizjournals.com - May 9 at 8:30 AM |
| Stock Performance Review on Lennar and Three Other Industrial Goods Sector Stocks
finance.yahoo.com - May 9 at 8:30 AM |
| $5.23 Billion in Sales Expected for Lennar Co. (LEN) This Quarter
www.americanbankingnews.com - May 5 at 4:24 AM |
 | Lennar (LEN) Down 15.2% Since Earnings Report: Can It Rebound?
www.zacks.com - May 4 at 8:28 AM |
| LMC Begins Leasing at Smart-Home Loaded Marlowe Apartments
finance.yahoo.com - May 3 at 5:15 PM |
| Lennar Co. (LEN) Expected to Announce Earnings of $0.44 Per Share
www.americanbankingnews.com - May 3 at 2:57 PM |
| Why a Rebound in March Housing Starts Isn’t Satisfying the Sector
finance.yahoo.com - May 1 at 8:35 AM |
| Lennar Co. (LEN) Sees Significant Drop in Short Interest
www.americanbankingnews.com - May 1 at 3:12 AM |
| Reviewing Lennar (LEN) and Prospect Global Resources (PGRX)
www.americanbankingnews.com - April 29 at 11:18 AM |
| Lennar buys 33 acres of Miami-Dade corn fields to build homes
www.bizjournals.com - April 27 at 5:08 PM |
| Will new Opportunity Zones attract investors to the Bay Area's poorest areas?
finance.yahoo.com - April 26 at 5:10 PM |
| Photos: New townhome community in Garden Oaks to open soon
www.bizjournals.com - April 25 at 5:22 PM |
| D.R. Horton's (DHI) Q2 Earnings: Is a Beat in the Cards?
finance.yahoo.com - April 25 at 8:29 AM |
| Lennar (LEN) Downgraded by ValuEngine
www.americanbankingnews.com - April 25 at 12:58 AM |
 | Lennar Corporation (LEN) Ex-Dividend Date Scheduled for April 24, 2018
www.nasdaq.com - April 23 at 5:06 PM |
| See what the IHS Markit Score report has to say about Lennar Corp.
finance.yahoo.com - April 23 at 8:23 AM |
| Lennar Co. (LEN) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - April 22 at 3:28 PM |
| Financial Comparison: Gafisa (GFA) vs. Lennar (LEN)
www.americanbankingnews.com - April 21 at 5:34 AM |
| Lennar (LEN) PT Raised to $61.00
www.americanbankingnews.com - April 20 at 6:24 PM |
| Companion to Northeast Minneapolis luxury apartment tower slashed from 26 stories to 12
www.bizjournals.com - April 20 at 5:14 PM |
 | Lennar Expects Strong 2018 Growth
seekingalpha.com - April 20 at 8:37 AM |
| We have a housing shortage: Lennar executive chairman
finance.yahoo.com - April 19 at 5:30 PM |
| Lennar (LEN) Downgraded by Barclays to "Equal Weight"
www.americanbankingnews.com - April 19 at 4:34 PM |
| Lennar's (LEN) "Buy" Rating Reiterated at Mizuho
www.americanbankingnews.com - April 19 at 2:58 PM |
| Lennar Co. Plans Quarterly Dividend of $0.04 (LEN)
www.americanbankingnews.com - April 19 at 8:18 AM |
| Lennar (LEN) Price Target Raised to $64.00 at Royal Bank of Canada
www.americanbankingnews.com - April 18 at 1:56 PM |
| Homebuying startup breaking into the Triangle, inks Lennar partnership
www.bizjournals.com - April 17 at 8:45 AM |
| Contrasting Lennar (LEN) & Installed Building Prods (IBP)
www.americanbankingnews.com - April 16 at 3:17 PM |
| How Did Lena Lighting SA.’s (WSE:LEN) 11.71% ROE Fare Against The Industry?
finance.yahoo.com - April 16 at 8:26 AM |
| Stalled Mobility; Another Problem For The Housing Market
finance.yahoo.com - April 16 at 8:26 AM |
| Brokerages Anticipate Lennar Co. (LEN) to Announce $0.53 EPS
www.americanbankingnews.com - April 16 at 5:15 AM |
| Lennar's (LEN) Buy Rating Reiterated at Keefe, Bruyette & Woods
www.americanbankingnews.com - April 15 at 11:35 AM |
| Lennar (LEN) Lowered to Sell at BidaskClub
www.americanbankingnews.com - April 14 at 10:19 PM |
| Stuart Miller relinquishes CEO job at Lennar to Beckwitt
finance.yahoo.com - April 12 at 5:26 PM |
 | Lennar (LEN) Appoints Stuart Miller as Executive Chairman, Rick Beckwitt Named as CEO
www.streetinsider.com - April 12 at 8:55 AM |
| UPDATE 1-Lennar CEO to become executive chairman
www.reuters.com - April 12 at 8:55 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 Monday, May, 21, 2018
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