• Residential Construction
  • Consumer Cyclical
Lennar Corporation logo
Lennar Corporation
LEN · US · NYSE
169.76
USD
+0.39
(0.23%)
Company Overview

5505 BLUE LAGOON DRIVE,MIAMI FL 33126,3055594000

CEO

Mr. Stuart A. Miller

Employess

12284

Sector

Consumer Cyclical

Industry

Residential Construction

Website

https://www.lennar.com

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, Financial Services, Multifamily, and Lennar Other 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; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.

Next Earnings Date

Dec. 12, 2024

Ex Dividends date

Jul. 19, 2024

Dividend Date

July 5, 2024

YTD Performance

15.12%

Fiscal Year End

11-30

IPO Date

1980-03-17

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 19.15% 10.72% 15.03% 1.67%
EPS 18.91% 20.03% 20.33% -12.77%
Equity 20.35% 12.76% 13.89% 10.29%
Cash 20.52% 32.12% 32.39% 35.91%
Return On Capital (ROIC) 9.14% 12.81% 16.03% 13.17%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 2,550 2,280 2,330 1,500 1,800
Long Term Debt 2,820 4,050 4,650 5,960 9,570
LT Finance Leases 120 125 123 89.2 0.0
Shares Outstanding 283 290 307 309 318
Market Cap 36,200 25,500 32,200 23,500 19,000
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
We are set up for 'very nice fall' in the housing sector, says Evercore's Stephen Kim
1 month

Stephen Kim, Evercore ISI head of housing research, joins 'Money Movers' to discuss the Fed's rate path impact on the housing sector, why homebuilder stocks are incredibly cheap, and what investors should buy at today's levels.

youtube.com
3 Warren Buffett Stocks to Buy During the Stock Market Sell-Off Without Any Hesitation
1 month

Apple could be on the threshold of a multiyear iPhone upgrade supercycle. Chubb offers a stable business and a cheap valuation and could be an acquisition target for Buffett.

fool.com
Lennar (LEN) Increases Yet Falls Behind Market: What Investors Need to Know
1 month

In the closing of the recent trading day, Lennar (LEN) stood at $172, denoting a +0.94% change from the preceding trading day.

zacks.com
5 Relatively Secure And Cheap Dividend Stocks To Invest In -- August 2024
2 months

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.6%, we present two other groups of five DGI stocks each, with the goal of moderate to high yields.

seekingalpha.com
What Are the Hottest Stocks Right Now? 3 Top Picks.
2 months

Rotation or not, certain stocks are screeching higher as we head into August. Strong earnings, economic tailwinds and positive sentiment are driving some of the hottest stocks to new heights and seeing them trade at or near 52-week highs.

investorplace.com
Lennar (LEN) Laps the Stock Market: Here's Why
2 months

Lennar (LEN) concluded the recent trading session at $178.18, signifying a +0.83% move from its prior day's close.

zacks.com
3 Homebuilding Stocks Taking Off in July
2 months

Homebuilding stocks -- hypersensitive to rates and the U.S. economy -- are on the rise as investors rotate away from growth stocks into cyclicals due to increased prospects of an interest rate cut in September.

schaeffersresearch.com
Lennar Is a Market Leader at a Good Price
2 months

Lennar Corp. (LEN, Financial) is the second-largest homebuilder in the United States, trailing only D.R. Horton (DHI).

gurufocus.com
3 Once-In-A-Decade REIT Buying Opportunities
2 months

REITs are priced at near their lowest valuations in 16 years. But the window of opportunity could be closing soon. I highlight 3 REITs that could enjoy 50%+ upside potential.

seekingalpha.com
Calls Of The Day: Uber, Lennar, NVR Inc and General Motors
2 months

The Investment Committee debate the latest Calls Of The Day

youtube.com
Why This Lennar Analyst Is No Longer Bullish Despite Potential Rate Cut Benefits
2 months

Shares of Lennar Corp LEN declined in premarket trading on Monday, just weeks after the company announced plans to spin off its land assets.

benzinga.com
Top 3 Stocks to Strengthen Your Portfolio Post-Election
2 months

As the stock market navigates post-election economic shifts, those are eyeing stocks that promise growth and demonstrate resilience against market fluctuations. Understanding the fundamentals behind these choices can significantly enhance portfolio strength and stability.

investorplace.com