Free Trial
NYSE:LEN

Lennar (LEN) Stock Price, News & Analysis

$179.42
+1.59 (+0.89%)
(As of 09/6/2024 ET)
Today's Range
$178.15
$182.67
50-Day Range
$142.50
$185.02
52-Week Range
$102.90
$186.60
Volume
2.25 million shs
Average Volume
2.08 million shs
Market Capitalization
$49.27 billion
P/E Ratio
12.20
Dividend Yield
1.11%
Price Target
$172.06

Lennar MarketRank™ Stock Analysis

Analyst Rating
Hold
2.35 Rating Score
Upside/​Downside
4.1% Downside
$172.06 Price Target
Short Interest
Healthy
2.18% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.81
Upright™ Environmental Score
News Sentiment
0.74mentions of Lennar in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.99%
From $14.16 to $16.00 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.42 out of 5 stars

Construction Sector

17th out of 99 stocks

General Building Contractors - Residential Buildings Industry

1st out of 3 stocks

LEN stock logo

About Lennar Stock (NYSE: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.

LEN Stock Price History

LEN Stock News Headlines

Luxury home at twilight
Toll Brothers Stock Up on Q3 Beat: Luxury Homes Drive Growth (LEN)
Toll Brothers posted better-than-expected adjusted earnings per share in its latest release. The firm faces multiple headwinds and tailwinds.
Lennar Named to List of Best Places to Work SoCal 2024
Pre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳
45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A investment now open.
Keefe, Bruyette & Woods Raises Lennar (NYSE:LEN) Price Target to $230.00
Pre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳
45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A investment now open.
Final Trades: Lennar, Oracle and Seagate
What Makes Lennar Corporation (LEN) a Good Investment?
See More Headlines
Receive LEN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Lennar and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
6/17/2024
Ex-Dividend for 7/19 Dividend
7/05/2024
Dividend Payable
7/19/2024
Today
9/07/2024
Next Earnings (Confirmed)
9/19/2024
Fiscal Year End
11/30/2024

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
$172.06
High Stock Price Target
$240.00
Low Stock Price Target
$117.00
Potential Upside/Downside
-4.1%
Consensus Rating
Hold
Rating Score (0-4)
2.35
Research Coverage
17 Analysts

Profitability

Net Income
$3.94 billion
Pretax Margin
15.24%

Debt

Sales & Book Value

Annual Sales
$35.78 billion
Cash Flow
$14.71 per share
Book Value
$95.04 per share

Miscellaneous

Free Float
248,901,000
Market Cap
$49.27 billion
Optionable
Optionable
Beta
1.61

Social Links

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Should I Buy Lennar Stock? LEN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Lennar Co.:

  • Lennar's stock price has been trading up, showing positive momentum in the market.
  • Recent insider buying activity indicates confidence in the company's future performance.
  • Analysts have given Lennar an "outperform" rating, suggesting strong potential for growth.
  • The company has a relatively low debt-to-equity ratio of 0.08, indicating a healthy financial position.
  • Lennar's average price target is $169.13, implying potential upside based on current valuations.

Cons

Investors should be bearish about investing in Lennar Co. for these reasons:

  • Despite some positive ratings, there are also sell ratings on the stock, indicating mixed opinions from analysts.
  • There has been recent insider selling activity, which could raise concerns about the company's future prospects.
  • Lennar's P/E ratio of 11.42 may suggest the stock is currently trading at a relatively high valuation.
  • The company's P/E/G ratio of 1.60 may indicate that the stock is not undervalued compared to its growth prospects.
  • While the company has a strong market cap, the beta of 1.60 suggests higher volatility compared to the market average.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 22, 2024. Please send any questions or comments about these Lennar pros and cons to contact@marketbeat.com.

LEN Stock Analysis - Frequently Asked Questions

How have LEN shares performed this year?

Lennar's stock was trading at $149.04 at the beginning of 2024. Since then, LEN stock has increased by 20.4% and is now trading at $179.42.
View the best growth stocks for 2024 here
.

How were Lennar's earnings last quarter?

Lennar Co. (NYSE:LEN) announced its quarterly earnings data on Monday, June, 17th. The construction company reported $3.38 EPS for the quarter, beating analysts' consensus estimates of $3.20 by $0.18. The construction company had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $8.57 billion. Lennar had a trailing twelve-month return on equity of 15.93% and a net margin of 11.58%.

What is Stuart A. Miller's approval rating as Lennar's CEO?

204 employees have rated Lennar Chief Executive Officer Stuart A. Miller on Glassdoor.com. Stuart A. Miller has an approval rating of 77% among the company's employees.

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 The Manufacturers Life Insurance Company (2.12%), Pacer Advisors Inc. (1.10%), D1 Capital Partners L.P. (0.88%) and Marshall Wace LLP (0.73%). 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 NVIDIA (NVDA), Walt Disney (DIS), Intel (INTC), Home Depot (HD), Alibaba Group (BABA), Bank of America (BAC) and AT&T (T).

This page (NYSE:LEN) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners