Lennar Corporation (LEN)
| Market Cap | 37.45B |
| Revenue (ttm) | 35.44B |
| Net Income (ttm) | 3.93B |
| Shares Out | 271.24M |
| EPS (ttm) | 14.31 |
| PE Ratio | 9.65 |
| Forward PE | 10.68 |
| Dividend | $2.00 (1.45%) |
| Ex-Dividend Date | Oct 9, 2024 |
| Volume | 4,676,795 |
| Open | 137.89 |
| Previous Close | 138.40 |
| Day's Range | 136.57 - 139.89 |
| 52-Week Range | 135.21 - 193.80 |
| Beta | 1.62 |
| Analysts | Hold |
| Price Target | 177.54 (+28.58%) |
| Earnings Date | Dec 18, 2024 |
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 "Hold." The 12-month stock price forecast is $177.54, which is an increase of 28.58% from the latest price.
News
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
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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...
5 Relatively Secure And Cheap Dividend Stocks For December 2024: Yields Up To 9%
This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filter...
Lennar Corporation's Fourth Quarter Earnings Conference Call to Be Broadcast Live on the Internet
MIAMI , Dec. 5, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the fourth quarter e...
Lennar and Base Power to Provide Homeowners a Battery-Powered Home Energy Service in Key Texas Markets
DALLAS , Dec. 5, 2024 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, today announced plans to equip select Lennar communities in the Austin and Dallas-Fort Worth area with home back...
Buffett's November DiviDog Pile Had No 'Safer' Buys
Berkshire Hathaway's portfolio includes diverse blue chips and lesser-known growth stocks, with 25 dividend-paying stocks analyzed for yield-based investment opportunities. Top Berkshire dividend stoc...
Giant homebuilders are taking over the housing market—just look at Lennar
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Quarterra Multifamily Announces the Start of Leasing at Leya Apartments
Luxury community infuses 328-home premier apartment homes into Bay Area FREMONT, Calif. , Nov. 26, 2024 /PRNewswire/ -- Quarterra Multifamily , a subsidiary of Lennar Corporation and a vertically inte...
Lennar: A Solid Investment With Its Land-Light Strategy
Lennar Corporation's asset-light strategy aims to improve shareholder value. Has expansion catalyst, and potential boosts from the administration's plan. Lennar's strong financial health is evident th...
Lennar To Acquire Rausch Coleman Homes
MIAMI , Nov. 19, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) announced today that it has entered into a definitive agreement to acquire Rausch Coleman Homes, a residential homebuilde...
Homebuilder M&A soars - here's why
CNBC's Diana Olick joins 'The Exchange' to report on homebuilder sentiment improving and why homebuilder M&A is soaring.
Buy These 6 RE Stocks That Deserve a Home in Your Portfolio
The U.S. Federal Reserve is on a chopping spree this autumn, cutting its benchmark Federal Funds rate by 0.50% in September and lopping off another 0.25% in early November. The moves brought the Fed F...
Quarterra Multifamily Announces the Start of Leasing at Cordelia Apartments
High-Rise Community Offers the Closest Luxury Living to the Water in Sarasota Bay SARASOTA, Fla. , Nov. 14, 2024 /PRNewswire/ -- Quarterra Multifamily , a subsidiary of Lennar Corporation and a multif...