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LEN

Lennar Corp

LEN

137.37USD+2.00 (+1.48%)Market Closed
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Market Summary

USD137.37+2.00
Market Closed
1.48%

LEN Stock Price

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LEN RSI Chart

LEN Valuation

LEN Profitability

EBT Margin

19487.79%

Return on Equity

17.02%

Return on Assets

11.55%

LEN Fundamentals

LEN Revenue

Revenue Y/Y

-2.29%

Revenue Q/Q

8.51%

LEN Earnings

Earnings (TTM)

3.9B

Earnings Y/Y

-24.42%

Earnings Q/Q

27.22%

Price Action

Last 7 days

7.4%

Last 30 days

14.1%

Last 90 days

15.8%

Trailing 12 Months

54.4%

How does LEN drawdown profile look like?

LEN Financial Health

LEN Investor Care

Diluted EPS (TTM)

13.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20230000
20220000
202123.3B24.5B25.5B0
202022.9B22.6B22.6B22.5B
201921.5B21.6B21.7B22.3B
201813.3B15.5B17.9B20.6B
201711.3B11.8B12.2B12.6B
20169.8B10.2B10.5B10.9B
20158.1B8.6B9.1B9.5B
20146.3B6.7B7.1B7.8B
20134.4B4.9B5.4B5.9B
20123.3B3.4B3.7B4.1B
20113.1B3.0B3.0B3.1B
20103.1B3.0B3.1B3.1B
20094.2B3.8B3.5B3.1B
20080004.6B

Which funds bought or sold LEN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
Raleigh Capital Management Inc.
new
-
28,282
28,282
0.01%
Dec 06, 2023
CITIGROUP INC
reduced
-76.76
-1,009,500
268,865
-%
Dec 06, 2023
VisionPoint Advisory Group, LLC
new
-
3,367
3,367
-%
Dec 06, 2023
CITIGROUP INC
reduced
-46.06
-22,777,500
21,291,500
0.02%
Dec 01, 2023
B. Riley Wealth Advisors, Inc.
added
15.37
35,396
1,100,050
0.03%
Nov 30, 2023
Neo Ivy Capital Management
new
-
1,599,000
1,599,000
0.70%
Nov 27, 2023
TRUST CO OF VERMONT
unchanged
-
-3,290
31,282
-%
Nov 27, 2023
USA FINANCIAL FORMULAS
reduced
-13.99
-45,673
153,194
0.23%
Nov 27, 2023
BANQUE PICTET & CIE SA
reduced
-74.34
-1,376,780
410,762
-%
Nov 27, 2023
TRUST CO OF VERMONT
unchanged
-
-4,121
35,352
-%

1–10 of 40

Latest Funds Activity

Are funds buying LEN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LEN
No. of Funds

Schedule 13G FIlings of Lennar Corp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jul 10, 2023
capital world investors
5.1%
12,880,317
SC 13G/A
Mar 06, 2023
gamco investors, inc. et al
4.06%
1,448,046
SC 13D/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
11.07%
28,212,757
SC 13G/A
Feb 06, 2023
wellington management group llp
5.82%
14,837,758
SC 13G
Feb 03, 2023
blackrock inc.
7.9%
20,105,068
SC 13G/A
Jan 10, 2023
capital world investors
10.1%
25,779,919
SC 13G
Feb 10, 2022
vanguard group inc
10.54%
28,650,363
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 01, 2022
blackrock inc.
8.4%
22,712,925
SC 13G/A

Recent SEC filings of Lennar Corp

View All Filings
Date Filed Form Type Document
Dec 05, 2023
8-K
Current Report
Dec 04, 2023
4
Insider Trading
Dec 04, 2023
4
Insider Trading
Dec 04, 2023
4
Insider Trading
Dec 04, 2023
4
Insider Trading
Nov 15, 2023
4
Insider Trading
Nov 06, 2023
4
Insider Trading
Oct 26, 2023
8-K
Current Report
Oct 24, 2023
4
Insider Trading
Oct 20, 2023
144
Notice of Insider Sale Intent

Lennar Corp News

Latest updates
Stocks Register06 Dec 202309:02 pm34 hours ago
Morningstar06 Dec 202307:38 pm36 hours ago
Stocks Register06 Dec 202306:03 pm37 hours ago
Stocks Register06 Dec 202306:00 pm37 hours ago
InvestorsObserver06 Dec 202304:16 pm39 hours ago
Investing.com06 Dec 202304:09 am2 days ago
MarketWatch04 Dec 202309:57 pm3 days ago
InvestorsObserver30 Nov 202306:11 pm7 days ago
InvestorsObserver20 Nov 202308:00 am17 days ago
InvestorsObserver14 Nov 202308:00 am23 days ago
InvestorsObserver10 Nov 202307:44 pm27 days ago
MarketWatch02 Nov 202307:00 am36 days ago
InvestorsObserver31 Oct 202307:00 am38 days ago
Fox Business26 Oct 202307:00 am43 days ago

Financials for Lennar Corp

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue8.5%8,7308,0458,3428,6388,9348,3596,2046,5726,9416,4305,3256,8265,8705,2874,5056,9725,8575,5633,8686,4595,673
Costs and Expenses5.9%7,2596,852--6,9926,5075,1236,6775,6145,2874,4745,6794,9894,6304,0766,0815,2094,9633,5455,6855,102
  S&GA Expenses-8.5%114125--11610511410295.0091.0011187.0086.0078.0083.0073.0093.0076.0079.0095.0096.00
EBITDA Margin---197.66*179.47*-0.21*0.19*0.22*-0.19*0.18*0.15*0.13*0.12*0.12*0.12*0.13*0.13*0.12*0.12*0.10*
Income Taxes27.5%35828118541535243216738740526031027419016032.0021815414180.0023898.00
Earnings Before Taxes27.3%1,4751,1597841,7591,8241,7556771,5811,8141,0971,3271,1658596774248896675593191,037566
EBT Margin---194.88*174.96*1.14*0.21*0.18*0.21*0.21*0.18*0.17*0.14*0.13*0.12*0.11*0.11*0.12*0.12*0.11*0.11*0.09*
Net Income27.2%1,1098725971,3221,4671,3215041,1901,4078311,001883666517398674513421240796453
Net Income Margin---149.83*134.23*0.87*0.16*0.14*0.16*0.16*0.14*0.13*0.11*0.10*0.09*0.09*0.08*0.09*0.09*0.08*0.08*0.07*
Free Cashflow-100.0%-6359732,685482120-78.011,1955793173761,2641,5699203651,16770674.00-551894692
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.6%37,43836,85836,57337,98435,34034,30632,63533,20832,74431,22330,55229,93529,31529,30929,17429,36029,45929,58328,75028,56628,289
    Cash Equivalents-4.4%4,1244,3164,2744,8161,5511,5531,6062,9562,8122,7832,5952,9332,2321,6571,0751,4691,0701,0211,0631,5961,084
  Goodwill---------3,6323,6323,6323,6323,6323,6323,6583,658-----
Liabilities-0.4%11,65011,69712,01813,74412,21212,51611,78812,21111,96511,52111,53511,83612,03512,67612,98013,32613,99414,33713,85613,88314,173
  Long Term Debt---------6,6516,8246,9417,4228,139--9,574421421421--
Shareholder's Equity2.0%25,65725,16124,55524,10123,12821,79020,84720,99620,78019,70219,01718,09917,28016,63316,19316,03415,46615,24714,89414,68314,116
  Retained Earnings5.0%21,11320,11119,35018,86117,64716,28915,07914,68513,57112,24111,48910,5659,7609,1338,6548,2957,6337,1336,7246,4885,705
  Additional Paid-In Capital0.3%5,5625,5465,5045,4185,3885,3558,8558,8088,7798,7558,7248,6768,6558,6308,6108,5788,5608,5308,5148,4978,480
Minority Interest-9.6%13214613714015019216818012912612110510890.0014984.0094.0087.0010710184.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations44.1%9526609782,714499125-72.231,2205943333861,2941,5869283831,18472895.00-524965707
  Share Based Compensation-67.9%13.0040.0087.0029.0038.0035.0081.0029.0025.0032.0049.0023.0029.0023.0032.0022.0034.0014.0017.0017.0022.00
Cashflow From Investing22.2%-34.39-44.22-36.353.00-66.70-44.78-19.9926.00-81.1043.00-93.35-12.74-93.42-18713.0059.0052.00-13.60-77.99425-67.56
Cashflow From Financing-93.1%-1,109-574-1,483547-434-132-1,257-1,102-484-188-629-580-917-158-789-844-731-12269.00-877-752
  Dividend Payments-3.0%10711010810810911111076.0078.0078.0078.0078.0039.0039.0039.0013.0013.0013.0013.0013.0013.00
  Buy Backs81.5%37620725812113.0032458197827910469.003.0023.000.0029610431852.0049.0025021.00

LEN Income Statement

2023-08-31
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Aug. 31, 2023
Aug. 31, 2022
Revenues [Abstract]    
Revenues$ 8,729,603$ 8,934,431$ 23,265,183$ 23,496,643
Cost and expenses:    
Corporate general and administrative114,144115,557365,002334,425
Charitable foundation contribution18,55917,24849,29246,335
Total costs and expenses7,258,8916,991,71219,785,35818,621,391
Equity in loss from unconsolidated entities(23,989)(13,310)(104,931)(34,871)
Other income (expense), net and other gains (losses)44,151(19,296)57,511(25,564)
Earnings before income taxes1,475,1611,824,2743,418,2354,255,843
Provision for income taxes(358,209)(351,580)(824,233)(951,276)
Net earnings (including net earnings attributable to noncontrolling interests)1,116,9521,472,6942,594,0023,304,567
Less: Net earnings attributable to noncontrolling interests7,9565,35016,77812,886
Net earnings attributable to Lennar1,108,9961,467,3442,577,2243,291,681
Other comprehensive income, net of tax:    
Net unrealized gain on securities available-for-sale2083421,6321,146
Reclassification adjustments for gain included in earnings, net of tax0002,285
Total other comprehensive income, net of tax2083421,6323,431
Total comprehensive income attributable to Lennar1,109,2041,467,6862,578,8563,295,112
Total comprehensive income attributable to noncontrolling interests$ 7,956$ 5,350$ 16,778$ 12,886
Basic earnings per share (in dollars per share)$ 3.87$ 5.04$ 8.94$ 11.19
Diluted earnings per share (in dollars per share)$ 3.87$ 5.03$ 8.94$ 11.18
Operating Segments    
Revenues [Abstract]    
Revenues$ 8,729,603$ 8,934,431$ 23,265,183$ 23,496,643
Homebuilding | Operating Segments    
Revenues [Abstract]    
Revenues8,318,6158,479,49622,144,93722,209,683
Cost and expenses:    
Cost and expenses6,863,0636,494,73718,576,73417,241,788
Lennar Financial Services | Operating Segments    
Revenues [Abstract]    
Revenues266,206202,078672,166578,945
Cost and expenses:    
Cost and expenses117,211138,730331,835320,871
Lennar Multifamily [Member] | Operating Segments    
Revenues [Abstract]    
Revenues137,394243,056432,661686,436
Cost and expenses:    
Cost and expenses139,759215,433443,069654,322
Lennar Other | Operating Segments    
Revenues [Abstract]    
Revenues7,3889,80115,41921,579
Cost and expenses:    
Cost and expenses6,15510,00719,42623,650
Lennar Other unrealized losses from technology investments$ (15,713)$ (85,839)$ (14,170)$ (558,974)

LEN Balance Sheet

2023-08-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 31, 2023
Nov. 30, 2022
Inventories:  
Total assets[1]$ 37,438,125$ 37,984,295
Stockholders' equity:  
Preferred stock[2]00
Additional paid-in capital[2]5,561,7935,417,796
Retained earnings[2]21,113,28218,861,417
Treasury stock at cost[2](1,052,000)(210,389)
Accumulated other comprehensive income[2]4,0402,408
Total stockholders’ equity[2]25,656,61924,100,500
Noncontrolling interests[2]131,923139,867
Total equity[2]25,788,54224,240,367
Total liabilities[2]11,649,58313,743,928
Total liabilities and equity[2]37,438,12537,984,295
Operating Segments  
ASSETS  
Cash and cash equivalents4,089,0814,778,720
Restricted cash34,95137,050
Receivables, net1,320,6261,614,277
Inventories:  
Total inventories22,578,98321,862,453
Investments in unconsolidated entities2,068,8242,137,813
Goodwill3,632,0583,632,058
Other assets1,798,4751,530,218
LIABILITIES AND EQUITY  
Senior notes and other debts payable, net4,477,7596,199,136
Common Class A  
Stockholders' equity:  
Common stock[2]25,84425,608
Common Class B  
Stockholders' equity:  
Common stock[2]3,6603,660
Homebuilding  
Inventories:  
Finished homes and construction in progress[1]12,368,33811,718,507
Land and land under development[1]6,993,8357,382,273
Consolidated inventory not owned[1]2,687,3432,331,231
Total inventories[1]22,049,51621,432,011
Investments in unconsolidated entities[1]1,157,0211,173,164
Goodwill[1]3,442,3593,442,359
Other assets[1]1,578,6921,323,478
Total assets[1]32,975,34832,684,162
LIABILITIES AND EQUITY  
Accounts payable[2]1,721,5301,616,128
Liabilities related to consolidated inventory not owned[2]2,300,6861,967,551
Senior notes and other debts payable, net[2]3,320,1194,047,294
Other liabilities[2]2,600,8073,347,673
Stockholders' equity:  
Total liabilities[2]9,943,14210,978,646
Homebuilding | Operating Segments  
ASSETS  
Cash and cash equivalents[1]3,887,8094,616,124
Restricted cash[1]16,20123,046
Receivables, net[1]843,750673,980
Inventories:  
Total inventories22,049,51621,432,011
Investments in unconsolidated entities1,157,0211,173,164
Goodwill3,442,3593,442,359
Other assets1,578,6921,323,478
Total assets32,975,34832,684,162
LIABILITIES AND EQUITY  
Senior notes and other debts payable, net3,320,1194,047,294
Stockholders' equity:  
Total liabilities9,943,14210,978,646
Lennar Financial Services  
Inventories:  
Total assets[1]2,334,5943,254,257
Stockholders' equity:  
Total liabilities[2]1,333,4852,353,904
Lennar Financial Services | Operating Segments  
ASSETS  
Cash and cash equivalents167,216139,378
Restricted cash18,75014,004
Receivables, net372,265826,163
Inventories:  
Total inventories00
Investments in unconsolidated entities00
Goodwill189,699189,699
Other assets106,594119,815
Total assets2,334,5943,254,257
LIABILITIES AND EQUITY  
Senior notes and other debts payable, net1,154,1632,135,093
Stockholders' equity:  
Total liabilities1,333,4852,353,904
Lennar Multifamily [Member]  
Inventories:  
Total assets[1]1,354,5871,257,337
Stockholders' equity:  
Total liabilities[2]290,266313,484
Lennar Multifamily [Member] | Operating Segments  
ASSETS  
Cash and cash equivalents28,71217,827
Restricted cash00
Receivables, net104,611114,134
Inventories:  
Total inventories529,467430,442
Investments in unconsolidated entities623,269648,126
Goodwill00
Other assets68,52846,808
Total assets1,354,5871,257,337
LIABILITIES AND EQUITY  
Senior notes and other debts payable, net3,47716,749
Stockholders' equity:  
Total liabilities290,266313,484
Lennar Other  
Inventories:  
Total assets[1]773,596788,539
Stockholders' equity:  
Total liabilities[2]82,69097,894
Lennar Other | Operating Segments  
ASSETS  
Cash and cash equivalents5,3445,391
Restricted cash00
Receivables, net00
Inventories:  
Total inventories00
Investments in unconsolidated entities288,534316,523
Goodwill00
Other assets44,66140,117
Total assets773,596788,539
LIABILITIES AND EQUITY  
Senior notes and other debts payable, net00
Stockholders' equity:  
Total liabilities$ 82,690$ 97,894
[1]Under certain provisions of Accounting Standards Codification ("ASC") Topic 810, Consolidations ("ASC 810"), the Company is required to separately disclose on its condensed consolidated balance sheets the assets owned by consolidated variable interest entities ("VIEs") and liabilities of consolidated VIEs as to which neither Lennar Corporation, nor any of its subsidiaries, has any obligations.
As of August 31, 2023, total assets include $1.9 billion related to consolidated VIEs of which $33.4 million is included in Homebuilding cash and cash equivalents, $2.3 million in Homebuilding receivables, net, $37.5 million in Homebuilding finished homes and construction in progress, $847.8 million in Homebuilding land and land under development, $921.4 million in Homebuilding consolidated inventory not owned, $0.5 million in Homebuilding investments in unconsolidated entities, $25.3 million in Homebuilding other assets and $31.9 million in Multifamily assets.
As of November 30, 2022, total assets include $1.4 billion related to consolidated VIEs of which $56.9 million is included in Homebuilding cash and cash equivalents, $0.3 million in Homebuilding receivables, net, $29.4 million in Homebuilding finished homes and construction in progress, $736.5 million in Homebuilding land and land under development, $533.8 million in Homebuilding consolidated inventory not owned, $1.0 million in Homebuilding investments in unconsolidated entities, $23.0 million in Homebuilding other assets, $33.2 million in Multifamily assets and $9.0 million in Lennar Other assets.
[2]As of August 31, 2023, total liabilities include $1.1 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $147.8 million is included in Homebuilding accounts payable, $878.2 million in Homebuilding liabilities related to consolidated inventory not owned, $25.9 million in Homebuilding senior notes and other debts payable and $4.0 million in Multifamily liabilities.As of November 30, 2022, total liabilities include $620.4 million related to consolidated VIEs as to which there was no recourse against the Company, of which $66.9 million is included in Homebuilding accounts payable, $510.9 million in Homebuilding liabilities related to consolidated inventory not owned, $29.4 million in Homebuilding senior notes and other debt payable, $7.2 million in Homebuilding other liabilities, $3.8 million in Multifamily liabilities and $2.2 million in Lennar Other liabilities.
LEN
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.
 CEO
 WEBSITEwww.lennar.com
 EMPLOYEES12012

Lennar Corp Frequently Asked Questions


What is the ticker symbol for Lennar Corp? What does LEN stand for in stocks?

LEN is the stock ticker symbol of Lennar Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the fair value of LEN stock?

You can check LEN's fair value in chart. The fair value of Lennar Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Lennar Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LEN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Lennar Corp a good stock to buy?

The fair value guage provides a quick view whether LEN is over valued or under valued. Whether Lennar Corp is cheap or expensive depends on the assumptions which impact Lennar Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LEN.

What is 5 year return on Lennar Corp's stock?

In the past 10 years, Lennar Corp has provided 0.154 (multiply by 100 for percentage) rate of return.