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LEN

LEN - Lennar Corp Stock Price, Fair Value and News

154.05USD-1.65 (-1.06%)Market Closed

Market Summary

LEN
USD154.05-1.65
Market Closed
-1.06%

LEN Stock Price

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LEN RSI Chart

LEN Valuation

Market Cap

43.3B

Price/Earnings (Trailing)

10.67

Price/Sales (Trailing)

1.24

EV/EBITDA

7.65

Price/Free Cashflow

9.84

LEN Price/Sales (Trailing)

LEN Profitability

EBT Margin

15.26%

Return on Equity

15.24%

Return on Assets

10.43%

Free Cashflow Yield

10.16%

LEN Fundamentals

LEN Revenue

Revenue (TTM)

35.1B

Rev. Growth (Yr)

12.67%

Rev. Growth (Qtr)

-33.33%

LEN Earnings

Earnings (TTM)

4.1B

Earnings Growth (Yr)

20.59%

Earnings Growth (Qtr)

-47.16%

Breaking Down LEN Revenue

Last 7 days

2.0%

Last 30 days

-6.6%

Last 90 days

7.2%

Trailing 12 Months

39.3%

How does LEN drawdown profile look like?

LEN Financial Health

Debt/Equity

0.16

Debt/Cashflow

1.04

LEN Investor Care

Dividend Yield

0.96%

Dividend/Share (TTM)

1.5

Buy Backs (1Y)

3.82%

Diluted EPS (TTM)

14.24

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202435.1B000
202334.0B33.6B33.4B34.2B
202228.0B29.9B31.9B33.7B
202123.3B24.5B25.5B27.1B
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
20103.1B3.1B3.1B3.1B
2009003.8B3.1B
20080004.6B
Get all data in R, Python etc through our Historical Stock Data APIs

Which funds bought or sold LEN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
Sugarloaf Wealth Management, LLC
unchanged
-
3,762
28,205
 0.01%
Apr 23, 2024
Sage Mountain Advisors LLC
unchanged
-
1,671
12,797
 -%
Apr 23, 2024
Strategic Investment Advisors / MI
added
2.35
196,090
1,279,020
 0.16%
Apr 23, 2024
OmniStar Financial Group, Inc.
new
-
775,071
775,071
 0.71%
Apr 23, 2024
Gradient Investments LLC
reduced
-67.74
-2,900
1,720
 -%
Apr 23, 2024
WEDGE CAPITAL MANAGEMENT L L P/NC
reduced
-17.31
-2,225,220
46,331,400
 0.75%
Apr 23, 2024
Sugarloaf Wealth Management, LLC
unchanged
-
20.00
154
 -%
Apr 23, 2024
Livforsakringsbolaget Skandia, Omsesidigt
unchanged
-
299,877
2,254,460
 0.19%
Apr 23, 2024
WETZEL INVESTMENT ADVISORS, INC.
added
5,728
61,216
62,216
 0.04%
Apr 23, 2024
Louisiana State Employees Retirement System
reduced
-4.64
226,008
2,476,510
 0.05%

1–10 of 49

Are Funds Buying or Selling LEN?

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

Unveiling Lennar Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.94%
27,368,807
SC 13G/A
Feb 09, 2024
wellington management group llp
4.37%
10,936,876
SC 13G/A
Feb 09, 2024
capital world investors
2.4%
5,921,451
SC 13G/A
Jan 25, 2024
blackrock inc.
8.8%
21,923,642
SC 13G/A
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

Recent SEC filings of Lennar Corp

View All Filings
Date Filed Form Type Document
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
8-K
Current Report

Lennar Corp News

Latest updates
MarketWatch • 25 hours ago
Lennar Corp. Cl A stock underperforms Tuesday when compared to competitors despite daily gains
Yahoo Finance • 19 Apr 2024 • 11:29 am
Lennar (NYSE:LEN) Could Be A Buy For Its Upcoming Dividend
MarketWatch • 18 Apr 2024 • 08:56 pm
Lennar Corp. Cl A stock outperforms competitors on strong trading day
MarketWatch • 19 Mar 2024 • 07:00 am
Lennar Corp. Cl A stock underperforms Tuesday when compared to competitors despite daily gains
Yahoo Finance • 18 Mar 2024 • 07:00 am
Here is What to Know Beyond Why Lennar Corporation (LEN) is a Trending Stock
Markets Insider • 11 Mar 2024 • 07:00 am
Warren Buffett's Bet On Lennar: Will The Homebuilding Giant's Earnings Report Validate The Investment?
Yahoo Finance • 06 Mar 2024 • 08:00 am
Lennar Corporation (LEN) is Attracting Investor Attention: Here is What You Should Know
Simply Wall St • 2 months ago
Lennar Corporation's (NYSE:LEN) Shares Not Telling The Full Story
CNN • 2 months ago
LEN Stock Quote Price and Forecast
Yahoo Finance • 3 months ago
Time to Buy Lennar Corporation's (LEN) Stock After Strong Q4 Results in December?

Lennar Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-33.3%7,31310,9688,7308,0456,49010,1748,9348,3596,2048,4346,9416,4305,3256,8265,8705,2874,5056,9725,8575,5633,868
Costs and Expenses-29.4%6,4129,0817,2596,8525,6748,3286,9926,5075,1236,6775,6145,2874,4745,6794,9894,6304,0766,0815,2094,9633,545
  S&GA Expenses15.4%15713611412512680.0011610511410295.0091.0011187.0086.0078.0083.0073.0093.0076.0079.00
EBITDA Margin0.4%0.16*0.16*0.16*0.17*0.18*0.18*0.19*0.20*0.19*0.22*0.22*0.19*0.18*0.15*0.13*0.12*0.12*0.12*0.13*--
Income Taxes-49.4%21141735828118541535243216738740526031027419016032.0021815414180.00
Earnings Before Taxes-47.8%9311,7841,4751,1597841,7591,8241,7556771,5811,8141,0971,3271,165859677424889667559319
EBT Margin0.4%0.15*0.15*0.15*0.16*0.18*0.18*0.18*0.19*0.18*0.21*0.21*0.18*0.17*0.14*0.13*0.12*0.11*0.11*0.12*--
Net Income-47.2%7191,3611,1098725971,3221,4671,3215041,1901,4078311,001883666517398674513421240
Net Income Margin0.7%0.12*0.12*0.12*0.13*0.14*0.14*0.14*0.15*0.14*0.16*0.16*0.14*0.13*0.11*0.10*0.09*0.09*0.08*0.09*--
Free Cashflow-88.4%2952,5439306359732,685482120-78.011,1955793173771,2641,5699203651,167706--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.7%38,95139,23437,43836,85836,57337,98435,34034,30632,63533,20832,74431,22330,55229,93529,31529,30929,17429,36029,45929,58328,750
    Cash Equivalents-19.9%5,2616,5714,1244,3164,2744,8161,5511,5531,6062,9562,8122,7832,5952,9332,2321,6571,0751,4691,0701,0211,063
  Goodwill----3,632-3,6323,632--3,6323,6323,6323,6323,6323,6323,6323,6583,658---
Liabilities-2.9%12,17312,53211,65011,69712,01813,74412,21212,51611,78812,21111,96511,52111,53511,83612,03512,67612,98013,32613,99414,33713,856
  Long Term Debt-11.8%4,3954,984---6,199---6,3786,6516,8246,9417,4228,139--9,574---
Shareholder's Equity0.3%26,64826,58125,65725,16124,55524,24023,12821,79020,84720,99620,78019,70219,01718,09917,28016,63316,1938,29515,46615,24714,894
  Retained Earnings2.6%22,94922,36921,11320,11119,35018,86117,64716,28915,07914,68513,57112,24111,48910,5659,7609,1338,6548,2957,6337,1336,724
  Additional Paid-In Capital1.5%5,6525,5705,5625,5465,5045,4185,3885,3558,8558,8088,7798,7558,7248,6768,6558,6308,6108,5788,5608,5308,514
Shares Outstanding-278-284287289-291291295-309312313-313312312-318322323
Minority Interest7.2%13012113214613714015019216818012912612110510890.0014984.0094.0087.00107
Float----27,813---21,008---27,925---16,948---14,492-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-85.8%3682,5899526609782,714499125-72.231,2205943333861,2941,5869283831,18472895.00-524
  Share Based Compensation315.5%88.0021.0013.0040.0087.0029.0038.0035.0081.0029.0025.0032.0049.0023.0029.0023.0032.0022.0034.0014.0017.00
Cashflow From Investing-138.5%-147-62.02-34.39-44.22-36.353.00-66.70-44.78-19.9926.00-81.1043.00-93.35-12.74-93.42-18713.0059.0052.00-13.60-77.99
Cashflow From Financing-1805.2%-1,529-80.28-1,109-574-1,483547-434-132-1,257-1,102-484-188-629-580-917-158-789-844-731-12269.00
  Dividend Payments32.5%13910510711010810810911111076.0078.0078.0078.0078.0039.0039.0039.0013.0013.0013.0013.00
  Buy Backs74.5%59534137620725812113.0032458197827910469.003.0023.000.0029610431852.0049.00

LEN Income Statement

2024-02-29
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Revenues [Abstract]  
Revenues$ 7,312,930$ 6,490,429
Cost and expenses:  
Corporate general and administrative157,321126,106
Charitable foundation contribution16,79813,659
Total costs and expenses6,411,8345,674,155
Equity in losses from unconsolidated entities(30,545)(31,187)
Other income (expense), net and other gains (losses)65,37223,320
Earnings before income taxes930,786784,453
Provision for income taxes(210,865)(185,145)
Net earnings (including net earnings attributable to noncontrolling interests)719,921599,308
Less: Net earnings attributable to noncontrolling interests5872,774
Net earnings attributable to Lennar719,334596,534
Other comprehensive income, net of tax:  
Net unrealized gain on securities available-for-sale362851
Total other comprehensive income, net of tax362851
Total comprehensive income attributable to Lennar719,696597,385
Total comprehensive income attributable to noncontrolling interests$ 587$ 2,774
Basic earnings per share (in dollars per share)$ 2.57$ 2.06
Diluted earnings per share (in dollars per share)$ 2.57$ 2.06
Operating Segments  
Revenues [Abstract]  
Revenues$ 7,312,930$ 6,490,429
Homebuilding | Operating Segments  
Revenues [Abstract]  
Revenues6,930,9916,156,305
Cost and expenses:  
Cost and expenses5,977,5365,274,714
Lennar Financial Services | Operating Segments  
Revenues [Abstract]  
Revenues249,720182,981
Cost and expenses:  
Cost and expenses118,424104,244
Multifamily | Operating Segments  
Revenues [Abstract]  
Revenues129,677143,523
Cost and expenses:  
Cost and expenses132,667148,956
Lennar Other | Operating Segments  
Revenues [Abstract]  
Revenues2,5427,620
Cost and expenses:  
Cost and expenses9,0886,476
Lennar Other unrealized losses from technology investments$ (5,137)$ (23,954)

LEN Balance Sheet

2024-02-29
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 29, 2024
Nov. 30, 2023
Inventories:  
Total assets[1]$ 38,951,199$ 39,234,303
Stockholders' equity:  
Preferred stock[2]00
Additional paid-in capital[2]5,651,8365,570,009
Retained earnings[2]22,949,31522,369,368
Treasury stock at cost[2](1,988,200)(1,393,100)
Accumulated other comprehensive income[2]5,2414,879
Total stockholders’ equity[2]26,647,83526,580,664
Noncontrolling interests[2]130,095121,302
Total equity[2]26,777,93026,701,966
Total liabilities[2]12,173,26912,532,337
Total liabilities and equity[2]38,951,19939,234,303
Common Class A  
Stockholders' equity:  
Common stock[2]25,98325,848
Common Class B  
Stockholders' equity:  
Common stock[2]3,6603,660
Homebuilding  
ASSETS  
Cash and cash equivalents[1]4,950,1286,273,724
Restricted cash[1]12,63513,481
Receivables, net[1]897,371887,992
Inventories:  
Finished homes and construction in progress[1]11,092,03610,455,666
Land and land under development[1]4,734,1134,904,541
Inventory owned15,826,14915,360,207
Consolidated inventory not owned[1]3,547,9212,992,528
Inventory owned and consolidated inventory not owned[1]19,374,07018,352,735
Deposits and pre-acquisition costs on real estate2,408,8772,002,154
Investments in unconsolidated entities[1]1,206,5641,143,909
Goodwill[1]3,442,3593,442,359
Other assets[1]1,473,5631,512,038
Total assets[1]33,765,56733,628,392
LIABILITIES AND EQUITY  
Accounts payable[2]1,565,4641,631,401
Liabilities related to consolidated inventory not owned[2]3,043,8882,540,894
Senior notes and other debts payable, net[2]2,830,3322,816,482
Other liabilities[2]2,689,2632,739,217
Stockholders' equity:  
Total liabilities[2]10,128,9479,727,994
Lennar Financial Services  
Inventories:  
Total assets[1]3,056,4423,566,546
Stockholders' equity:  
Total liabilities[2]1,721,3332,447,039
Multifamily  
Inventories:  
Total assets[1]1,379,2791,381,513
Stockholders' equity:  
Total liabilities[2]249,625278,177
Lennar Other  
Inventories:  
Total assets[1]749,911657,852
Stockholders' equity:  
Total liabilities[2]73,36479,127
Operating Segments  
ASSETS  
Cash and cash equivalents5,213,7656,474,497
Restricted cash47,70396,441
Receivables, net1,284,6921,696,205
Inventories:  
Inventory owned and consolidated inventory not owned19,942,75918,897,670
Deposits and pre-acquisition costs on real estate2,440,6622,034,217
Investments in unconsolidated entities2,082,6932,020,005
Goodwill3,632,0583,632,058
Other assets1,791,0401,765,066
LIABILITIES AND EQUITY  
Senior notes and other debts payable, net4,394,6224,984,028
Operating Segments | Homebuilding  
ASSETS  
Cash and cash equivalents4,950,1286,273,724
Restricted cash12,63513,481
Receivables, net897,371887,992
Inventories:  
Inventory owned and consolidated inventory not owned19,374,07018,352,735
Deposits and pre-acquisition costs on real estate2,408,8772,002,154
Investments in unconsolidated entities1,206,5641,143,909
Goodwill3,442,3593,442,359
Other assets1,473,5631,512,038
Total assets33,765,56733,628,392
LIABILITIES AND EQUITY  
Senior notes and other debts payable, net2,830,3322,816,482
Stockholders' equity:  
Total liabilities10,128,9479,727,994
Operating Segments | Lennar Financial Services  
ASSETS  
Cash and cash equivalents233,846159,491
Restricted cash35,06882,960
Receivables, net304,716716,071
Inventories:  
Inventory owned and consolidated inventory not owned00
Deposits and pre-acquisition costs on real estate00
Investments in unconsolidated entities00
Goodwill189,699189,699
Other assets109,847135,377
Total assets3,056,4423,566,546
LIABILITIES AND EQUITY  
Senior notes and other debts payable, net1,564,2902,163,805
Stockholders' equity:  
Total liabilities1,721,3332,447,039
Operating Segments | Multifamily  
ASSETS  
Cash and cash equivalents27,09139,334
Restricted cash00
Receivables, net82,60592,142
Inventories:  
Inventory owned and consolidated inventory not owned568,689544,935
Deposits and pre-acquisition costs on real estate31,78532,063
Investments in unconsolidated entities586,438599,852
Goodwill00
Other assets82,67173,187
Total assets1,379,2791,381,513
LIABILITIES AND EQUITY  
Senior notes and other debts payable, net03,741
Stockholders' equity:  
Total liabilities249,625278,177
Operating Segments | Lennar Other  
ASSETS  
Cash and cash equivalents2,7001,948
Restricted cash00
Receivables, net00
Inventories:  
Inventory owned and consolidated inventory not owned00
Deposits and pre-acquisition costs on real estate00
Investments in unconsolidated entities289,691276,244
Goodwill00
Other assets124,95944,464
Total assets749,911657,852
LIABILITIES AND EQUITY  
Senior notes and other debts payable, net00
Stockholders' equity:  
Total liabilities$ 73,364$ 79,127
[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 February 29, 2024, total assets include $2.7 billion related to consolidated VIEs of which $40.8 million is included in Homebuilding cash and cash equivalents, $2.0 million in Homebuilding receivables, net, $9.8 million in Homebuilding finished homes and construction in progress, $633.4 million in Homebuilding land and land under development, $67.1 million in Homebuilding deposits and pre-acquisition costs on real estate, $1.9 billion in Homebuilding consolidated inventory not owned, $0.3 million in Homebuilding investments in unconsolidated entities, $26.7 million in Homebuilding other assets and $33.1 million in Multifamily assets.
As of November 30, 2023, total assets include $1.9 billion related to consolidated VIEs of which $22.8 million is included in Homebuilding cash and cash equivalents, $1.8 million in Homebuilding receivables, net, $18.3 million in Homebuilding finished homes and construction in progress, $628.0 million in Homebuilding land and land under development, $55.0 million in Homebuilding deposits and pre-acquisition costs on real estate, $1.2 billion in Homebuilding consolidated inventory not owned, $0.3 million in Homebuilding investments in unconsolidated entities, $23.0 million in Homebuilding other assets and $32.6 million in Multifamily assets.
[2]As of February 29, 2024, total liabilities include $1.8 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $17.7 million is included in Homebuilding accounts payable, $1.7 billion in Homebuilding liabilities related to consolidated inventory not owned, $6.0 million in Homebuilding senior notes and other debts payable, $88.5 million in Homebuilding other liabilities, and $0.9 million in Multifamily liabilities.
As of November 30, 2023, total liabilities include $1.2 billion related to consolidated VIEs as to which there was no recourse against the Company, of which $53.7 million is included in Homebuilding accounts payable, $1.1 billion in Homebuilding liabilities related to consolidated inventory not owned, $38.1 million in Homebuilding other liabilities, and $4.1 million in Multifamily liabilities.

About Lennar Corp

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
 WEBSITElennar.com
 INDUSTRYHome Improvement Retail
 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 market capital of Lennar Corp (LEN)?

As of Tue Apr 23 2024, market cap of Lennar Corp is 43.32 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LEN stock?

You can check LEN's fair value in chart for subscribers.

What is the fair value of LEN stock?

You can check LEN's fair value in chart for subscribers. 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 Lennar Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, LEN's PE ratio (Price to Earnings) is 10.67 and Price to Sales (PS) ratio is 1.24. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LEN PE ratio will change depending on the future growth rate expectations of investors.

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

In the past 10 years, Lennar Corp has provided 0.158 (multiply by 100 for percentage) rate of return.