Lennar Corporation (LEN)

NYSE: LEN · Real-Time Price · USD
141.54
+0.85 (0.60%)
At close: Jan 17, 2025, 4:00 PM
141.39
-0.15 (-0.11%)
After-hours: Jan 17, 2025, 7:59 PM EST
0.60%
Market Cap 38.39B
Revenue (ttm) 35.44B
Net Income (ttm) 3.93B
Shares Out 271.24M
EPS (ttm) 14.31
PE Ratio 9.89
Forward PE 11.40
Dividend $2.00 (1.41%)
Ex-Dividend Date Oct 9, 2024
Volume 3,361,602
Open 142.58
Previous Close 140.69
Day's Range 140.77 - 143.52
52-Week Range 128.41 - 193.80
Beta 1.66
Analysts Buy
Price Target 172.08 (+21.58%)
Earnings Date Mar 12, 2025

About 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 pro... [Read more]

Founded 1954
Employees 12,284
Stock Exchange NYSE
Ticker Symbol LEN
Full Company Profile

Financial Performance

In 2024, Lennar's revenue was $35.44 billion, an increase of 3.53% compared to the previous year's $34.23 billion. Earnings were $3.93 billion, an increase of 1.09%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for LEN stock is "Buy." The 12-month stock price forecast is $172.08, which is an increase of 21.58% from the latest price.

Price Target
$172.08
(21.58% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SDI Realty, Nexus Real Estate Co. Partner to Develop Kroger-Anchored Shopping Center in North Fort Worth

FORT WORTH, Texas--(BUSINESS WIRE)--Davidson Bogel Real Estate (“DB2RE”) is pleased to announce a new retail shopping center anchored by Kroger (NYSE: KR) in northwest Fort Worth. Houston-based real e...

Other symbols: KR
2 days ago - Business Wire

Rockhill Capital & Investments Sells 1,800-Acre New Fairview Property to Lennar

FRISCO, Texas--(BUSINESS WIRE)--North Texas real estate developer Rockhill Capital & Investments today announced the sale of a 1,807-acre property in New Fairview, Texas, to Lennar. Lennar plans to br...

4 days ago - Business Wire

Lennar Corporation Declares Quarterly Dividends

MIAMI , Jan. 14, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend o...

5 days ago - PRNewsWire

Lennar Declares Dividend and Sets Dates for Millrose Spin-off

MIAMI , Jan. 10, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced that its Board of Directors has declared a dividend and set the date for the previously announced ta...

9 days ago - PRNewsWire

Home Builders Stocks Get Hit Hard as Mortgage Rates Climb. The Strong Jobs Report Won't Help.

Surging bond yields are hurting housing stocks. It could get worse before there's finally a bottom.

Other symbols: DHIHDNVRPHM
9 days ago - Barrons

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)

5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)

16 days ago - Seeking Alpha

2 Buyable Dividends In Buffett's 27 Berkshire January Holdings

The Berkshire Hathaway portfolio includes diverse blue chips and lesser-known growth bets, analyzed through yield-based dogcatcher methods for dividend potential. Top ten Berkshire stocks by yield for...

Other symbols: ALLYBACCCVXDEODPZKHC
16 days ago - Seeking Alpha

This Analyst With 85% Accuracy Rate Sees Around 10% Upside In Alphabet - Here Are 5 Stock Picks For 2024 From Wall Street's Most Accurate Analysts

U.S. stocks settled lower on Tuesday, with the Nasdaq Composite falling around 175 points during the session.

Other symbols: GOOGGOOGLENFN
18 days ago - Benzinga

Stock Of The Day: Is Home Builder Lennar About To Rally?

Shares of homebuilder Lennar Corporation  LEN are trading higher Tuesday. A new rally may be about to start.

19 days ago - Benzinga

Homebuilder stocks plunge in December

CNBC's Diana Olick joins 'The Exchange' with the latest on the latest housing and homebuilder data.

Other symbols: BLDRDHIPHMTOL
20 days ago - CNBC Television

Homebuilder stocks are trying to tell us something about the 2025 housing market

Want more housing market stories from Lance Lambert's ResiClub in your inbox? Subscribe to the ResiClub newsletter.

26 days ago - Fast Company

Lennar Corporation (LEN) Q4 2024 Earnings Call Transcript

Lennar Corporation (NYSE:LEN) Q4 2024 Results Conference Call December 19, 2024 11:00 AM ET Company Participants David Collins - Vice President & Controller Stuart Miller - Executive Chairman & Co-Ch...

4 weeks ago - Seeking Alpha

Lennar's Q4 Earnings Results Are Not Looking Great For 2025

Lennar Corporation's Q4 and full-year 2024 results missed expectations, with revenues down 9% y/y and EPS down 15% y/y, leading to a 6% share price drop. Management's guidance for Q1 2025 was disappoi...

4 weeks ago - Seeking Alpha

Stocks on the Move: Vertex Pharma, Shake Shack, Zoom, Lennar and Home Depot

The CNBC 'Halftime Report' Investment Committee weighs in on 'Stocks on the Move' and their picks.

Other symbols: HDSHAKVRTXZM
4 weeks ago - CNBC Television

Lennar blames high rates for sales miss but says its home prices also need to fall

Lennar said higher mortgage rates have hurt sales, but the home builder also acknowledged that it needs to cut prices more to reignite buying.

4 weeks ago - Market Watch

Home Builder Lennar Stock Falls as High Mortgage Rates Hurt Results

Shares of Lennar (LEN) fell Thursday, a day after the home builder posted weaker-than-expected results and guidance as high mortgage rates limited sales.

4 weeks ago - Investopedia

Earnings Movers: ACN A.I. Wins, DRI Beat & Raise, LEN Struggles

Today's top earnings movers highlight consumer trends seen in the markets. Lennar (LEN) continued to show a shaky foundation for homebuilders after reporting a miss.

Other symbols: ACNDRI
4 weeks ago - Schwab Network

Lamb Weston Posts Weak Q2 Results, Joins Micron, Lennar And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining over 100 points on Thursday.

Other symbols: LWMU
4 weeks ago - Benzinga

Lennar: Weak Q4 Results Significantly Dampen The 2025 Outlook (Rating Downgrade)

Lennar's shares have dropped 25% in three months, with weak earnings and rising mortgage rates further pressuring the stock, now down 10% from its March peak. Q4 deliveries fell 7%, and new orders mis...

4 weeks ago - Seeking Alpha

Lennar falls on Q4 results

Alan Ratner, Zelman & Associates managing director, joins 'Closing Bell Overtime' to talk Lennar falling on Q4 results.

4 weeks ago - CNBC Television

Lennar Reports Fourth Quarter and Fiscal 2024 Results

2024 Fourth Quarter  Highlights– comparisons to the prior year quarter Net earnings per diluted share of $4.06 ($4.03, excluding mark-to-market gains on technology investments) Net earnings of $1.1 bi...

4 weeks ago - PRNewsWire

Lennar Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Lennar Corporation LEN will release earnings results for its fourth quarter, after the closing bell on Wednesday, Dec. 18.

4 weeks ago - Benzinga

Lennar Subsidiary Makes SEC Filing Regarding Planned Spin-Off

MIAMI , Dec. 18, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar"), one of the nation's leading homebuilders, announced that its recently formed subsidiary, Millrose Properties,...

4 weeks ago - PRNewsWire

Home Builders See a Busy Spring. Lennar's Outlook Will Set the Tone.

Lennar operates in about half of U.S. states, giving it good visibility into housing trends.

4 weeks ago - Barrons

UBS' John Lovallo: Still bullish on homebuilder stocks despite rates, inventory build

John Lovallo, UBS homebuilders and building products analyst, joins 'Squawk on the Street' to discuss the weakness in homebuilder stocks, the case that homebuilder stocks are cheap, and immigration re...

Other symbols: DHITOLXHB
4 weeks ago - CNBC Television