How have LEN shares performed this year?

Lennar's stock was trading at $149.04 on January 1st, 2024. Since then, LEN shares have increased by 24.5% and is now trading at $185.50. View the best growth stocks for 2024 here .

How were Lennar's earnings last quarter?

Lennar Co. (NYSE:LEN) posted its quarterly earnings results on Thursday, September, 19th. The construction company reported $3.90 earnings per share for the quarter, topping analysts' consensus estimates of $3.62 by $0.28. The company's revenue for the quarter was up 7.9% compared to the same quarter last year. Read the conference call transcript .

Does Lennar have any subsidiaries?

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.

Who are Lennar's major shareholders?

Top institutional investors of Lennar include Swedbank AB (0.06%), Sapient Capital LLC (0.04%), JGP Wealth Management LLC (0.03%) and Czech National Bank (0.02%). Insiders that own company stock include Diane J Bessette , Jeffrey Joseph McCall , David M Collins and Mark Sustana . View institutional ownership trends .

How do I buy shares of Lennar?

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 .

What other stocks do shareholders of Lennar own?

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) .

NYSE:LEN

Lennar (LEN) Stock Price, News & Analysis

$185.50

-2.91 (-1.54%)

(As of 10/17/2024 ET)

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About Lennar Stock (NYSE:LEN)

Advanced Chart

Key Stats

Today's Range: $183.64
▼
$188.84
50-Day Range: $167.94
▼
$192.45
52-Week Range: $102.90
▼
$193.80
Volume: 1.61 million shs
Average Volume: 2.05 million shs
Market Capitalization: $50.94 billion
P/E Ratio: 12.28
Dividend Yield: 1.08%
Price Target: $181.11
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™

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93rd Percentile Overall Score

LEN MarketRank™:

Lennar scored higher than 93% of companies evaluated by MarketBeat, and ranked 10th out of 102 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 2.30, and is based on 8 buy ratings, 10 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
Lennar has been the subject of 13 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 12.11% in the coming year, from $14.28 to $16.01 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lennar is 12.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lennar is 12.28, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 30.29.
Price to Earnings Growth Ratio
Lennar has a PEG Ratio of 1.68. 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 1.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Read more about Lennar's valuation and earnings.

Percentage of Shares Shorted
2.00% 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 2.3, 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 11.22%, indicating that investor sentiment is improving significantly.

Dividend Yield
Lennar pays a meaningful dividend of 1.08%, 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 13.60%. 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 12.49% 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
2.00% 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 2.3, 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 11.22%, indicating that investor sentiment is improving significantly.

News Sentiment
Lennar has a news sentiment score of 0.33. 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 0.63 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 19 news articles for Lennar this week, compared to 15 articles on an average week.
Search Interest
42 people have searched for LEN on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.
MarketBeat Follows
22 people have added Lennar to their MarketBeat watchlist in the last 30 days. This is an increase of 120% compared to the previous 30 days.

Insider Buying vs. Insider Selling
In the past three months, Lennar insiders have not sold or bought any 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.

LEN Stock News Headlines

Cavco's Future Looks Bright as Affordable Housing Demand Soars (LEN)

With interest rates expected to continue to fall, homebuilder stocks are on the rise; Cavco is a smaller firm that is nonetheless positioned to benefit.

October 16 at 7:00 AM | marketbeat.com

Why Lennar Stock Could Be the Best Play in the Housing Market (LEN)

Lennar had a solid quarter, producing sufficient cash flow to improve the balance sheet while reducing the share count and paying dividends.

October 1, 2024 | marketbeat.com

Has Trump Finally Gone Too Far?

Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.

October 18, 2024 | Insiders Exposed (Ad)

PulteGroup (PHM) Gets a Buy from Wells Fargo

October 17 at 4:53 PM | markets.businessinsider.com

Lennar dominates homebuilding in this Texas market

October 17 at 4:53 PM | bizjournals.com

Lennar Invites Homebuyers 55 and Better to Tour New Model Homes at The Timbers At Everlands, an Amenity-Rich Active-Adult Community

October 17 at 4:53 PM | finance.yahoo.com

Lennar Co. Forecasted to Post FY2024 Earnings of $14.09 Per Share (NYSE:LEN)

October 15 at 1:29 AM | americanbankingnews.com

Hurricane Milton To Deliver $2.5B Blow To Florida's Homebuilding Sector, Goldman Sachs Says

October 14, 2024 | benzinga.com

See More Headlines

LEN Stock Analysis - Frequently Asked Questions

: Lennar's stock was trading at $149.04 on January 1st, 2024. Since then, LEN shares have increased by 24.5% and is now trading at $185.50.
View the best growth stocks for 2024 here.
: Lennar Co. (NYSE:LEN) posted its quarterly earnings results on Thursday, September, 19th. The construction company reported $3.90 earnings per share for the quarter, topping analysts' consensus estimates of $3.62 by $0.28. The company's revenue for the quarter was up 7.9% 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 investors of Lennar include Swedbank AB (0.06%), Sapient Capital LLC (0.04%), JGP Wealth Management LLC (0.03%) and Czech National Bank (0.02%). Insiders that own company stock include Diane J Bessette, Jeffrey Joseph McCall, David M Collins 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).