Lennar Corporation (LEN)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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.
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...
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.
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.
Homebuilder stocks plunge in December
CNBC's Diana Olick joins 'The Exchange' with the latest on the latest housing and homebuilder data.
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.
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...
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...
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.
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.
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.
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.
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.
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...
Lennar falls on Q4 results
Alan Ratner, Zelman & Associates managing director, joins 'Closing Bell Overtime' to talk Lennar falling on Q4 results.
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...
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.
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,...
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.
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...