Lennar Corporation (LEN)
| Market Cap | 32.58B |
| Revenue (ttm) | 35.44B |
| Net Income (ttm) | 3.89B |
| Shares Out | 265.52M |
| EPS (ttm) | 14.31 |
| PE Ratio | 8.57 |
| Forward PE | 9.97 |
| Dividend | $2.00 (1.63%) |
| Ex-Dividend Date | Jan 29, 2025 |
| Volume | 1,968,819 |
| Open | 120.72 |
| Previous Close | 120.94 |
| Day's Range | 120.72 - 123.03 |
| 52-Week Range | 117.90 - 187.61 |
| Beta | 1.67 |
| Analysts | Buy |
| Price Target | 164.23 (+33.86%) |
| 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 $3.89 billion, an increase of 0.10%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for LEN stock is "Buy." The 12-month stock price forecast is $164.23, which is an increase of 33.86% from the latest price.
News
Home Builder Stocks Are on Track for Worst February in 5 Years. What's Dragging Them Down.
High construction costs, rising mortgage rates, and looming tariffs are pressuring the stocks.
Quarterra Multifamily to Welcome First Move-Ins at Hawkins: San Francisco's Newest Apartment Homes on Treasure Island
178-home mid-rise community is actively leasing, with first move-ins slated for February 2025 SAN FRANCISCO , Feb. 13, 2025 /PRNewswire/ -- Quarterra Multifamily , a subsidiary of Lennar Corporation a...
Lennar Corporation Completes Spin-Off Of Millrose Properties
On February 07, 2024, Millrose Properties (NYSE: MRP; $26.74; Market Capitalization: $3.5 billion), and Lennar Corporation (NYSE: LEN, $121.94; Market Capitalization: $32.2 billion) started regular-wa...
Millrose Properties Set to Join S&P SmallCap 600
NEW YORK , Feb. 5, 2025 /PRNewswire/ -- Millrose Properties Inc. (NYSE: MRP) will replace Ironwood Pharmaceuticals Inc. (NASD: IRWD) in the S&P SmallCap 600 effective prior to the opening of trading o...
Homebuilder Stocks Sink on Worries Trump Tariffs Could Raise Costs
Shares of several homebuilders and construction companies lost ground Monday on worries that new tariffs could raise building costs.
Tariffs Could Make Buying a Home More Expensive. Builder Stocks Are Down.
Tariffs on lumber and other building materials increase the cost of construction, and consumers are likely to foot the bill.
Homebuilders Are Drastically Mispriced Given Growth Outlook
Homebuilder stocks are trading at low multiples despite consensus estimates predicting 22%-82% earnings growth by 2028, indicating potential undervaluation. The U.S. housing market faces an affordabil...
Previously Disclosed Millrose Spin-off Record Date and Election Period for Lennar Stockholders Begins Today
MIAMI , Jan. 21, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") is issuing this press release to remind Lennar stockholders that the previously disclosed record date and elec...
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
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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.