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Lennar (LEN) Stock Price, News & Analysis

Lennar logo
$137.67 -0.41 (-0.30%)
(As of 09:46 AM ET)

About Lennar Stock (NYSE:LEN)

Key Stats

Today's Range
$137.39
$138.41
50-Day Range
$138.08
$188.93
52-Week Range
$135.21
$193.80
Volume
168,531 shs
Average Volume
2.10 million shs
Market Capitalization
$37.34 billion
P/E Ratio
9.12
Dividend Yield
1.45%
Price Target
$175.19
Consensus Rating
Hold

Company Overview

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.

Lennar Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
99th Percentile Overall Score

LEN MarketRank™: 

Lennar scored higher than 99% of companies evaluated by MarketBeat, and ranked 3rd out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Lennar has received a consensus rating of Hold. The company's average rating score is 2.21, and is based on 6 buy ratings, 11 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Lennar has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Lennar's stock forecast and price target.
  • Earnings Growth

    Earnings for Lennar are expected to grow by 13.68% in the coming year, from $14.11 to $16.04 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Lennar is 9.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.62.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Lennar is 9.14, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.83.

  • Price to Earnings Growth Ratio

    Lennar has a PEG Ratio of 1.31. 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 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.50% of the float of Lennar has been sold short.
  • Short Interest Ratio / Days to Cover

    Lennar has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Lennar has recently decreased by 7.75%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Lennar pays a meaningful dividend of 1.37%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Lennar does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Lennar is 13.95%. 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 12.47% next year. This indicates that Lennar will be able to sustain or increase its dividend.

  • Read more about Lennar's dividend.
  • Percentage of Shares Shorted

    2.50% of the float of Lennar has been sold short.
  • Short Interest Ratio / Days to Cover

    Lennar has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Lennar has recently decreased by 7.75%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Lennar has a news sentiment score of -0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.78 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 72 news articles for Lennar this week, compared to 16 articles on an average week.
  • Search Interest

    24 people have searched for LEN on MarketBeat in the last 30 days. This is an increase of 4% compared to the previous 30 days.
  • MarketBeat Follows

    10 people have added Lennar to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Lennar insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,064,775.00 in company stock.

  • Percentage Held by Insiders

    Only 9.36% of the stock of Lennar is held by insiders.

  • Percentage Held by Institutions

    81.10% of the stock of Lennar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Lennar's insider trading history.
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LEN Stock News Headlines

3 No-Brainer Warren Buffett Stocks to Buy Right Now
Lennar (NYSE:LEN) Price Target Cut to $205.00 by Analysts at UBS Group
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Lennar (LEN) Q4 2024 Earnings Call Transcript
See More Headlines

LEN Stock Analysis - Frequently Asked Questions

Lennar's stock was trading at $149.04 at the beginning of the year. Since then, LEN stock has decreased by 7.4% and is now trading at $138.08.
View the best growth stocks for 2024 here
.

Lennar Co. (NYSE:LEN) issued its earnings results on Wednesday, December, 18th. The construction company reported $4.03 EPS for the quarter, missing the consensus estimate of $4.15 by $0.12. The business's revenue was down 9.3% compared to the same quarter last year.
Read the conference call transcript
.

The following companies are subsidiaries of Lennar: CalAtlantic Group, WCI Communities, 360 Developers LLC, Alliance Financial Services Inc., Ann Arundel Farms Ltd., Aquaterra Utilities Inc., Arbor Mill Veteran Project 2018 LLC, and more.

Top institutional shareholders of Lennar include The Manufacturers Life Insurance Company (2.18%), Wellington Management Group LLP (1.00%), Pacer Advisors Inc. (0.99%) and Smead Capital Management Inc. (0.98%). Insiders that own company stock include Diane J Bessette, Jeffrey Joseph McCall, David M Collins, Jeffrey Sonnenfeld and Mark Sustana.
View institutional ownership trends
.

Shares of LEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Lennar investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Salesforce (CRM), Broadcom (AVGO), Netflix (NFLX) and Adobe (ADBE).

Company Calendar

Ex-Dividend for 10/24 Dividend
10/09/2024
Dividend Payable
10/24/2024
Last Earnings
12/18/2024
Today
12/23/2024
Fiscal Year End
11/30/2025

Industry, Sector and Symbol

Industry
General building contractors - residential buildings
Sub-Industry
Homebuilding
CUSIP
52605710
Employees
12,284
Year Founded
1954

Price Target and Rating

Average Stock Price Target
$175.94
High Stock Price Target
$236.00
Low Stock Price Target
$122.00
Potential Upside/Downside
+27.4%
Consensus Rating
Hold
Rating Score (0-4)
2.21
Research Coverage
19 Analysts

Profitability

Net Income
$3.94 billion
Pretax Margin
15.11%

Debt

Sales & Book Value

Annual Sales
$35.44 billion
Cash Flow
$13.04 per share
Book Value
$95.04 per share

Miscellaneous

Free Float
245,856,000
Market Cap
$37.45 billion
Optionable
Optionable
Beta
1.61

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This page (NYSE:LEN) was last updated on 12/23/2024 by MarketBeat.com Staff
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