Lennar Corporation (LEN.B)

NYSE: LEN.B · IEX Real-Time Price · USD
62.09
0.33 (0.53%)
May 19, 2022 4:00 PM EDT - Market closed
Market Cap21.11B
Revenue (ttm)28.01B
Net Income (ttm)3.93B
Shares Out340.04M
EPS (ttm)12.82
PE Ratio4.84
Forward PE3.83
Dividend$1.25 (2.01%)
Ex-Dividend DateApr 25, 2022
Volume107,220
Open61.23
Previous Close61.76
Day's Range61.23 - 63.25
52-Week Range60.03 - 96.42
Beta1.53
AnalystsBuy
Price Target98.70 (+59.0%)
Earnings DateJun 15, 2022

About LEN.B

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...

IndustryConstruction & Engineering
Founded1954
CEORichard Beckwitt
Employees10,753
Stock ExchangeNYSE
Ticker SymbolLEN.B
Full Company Profile

Financial Performance

In 2021, Lennar's revenue was $27.13 billion, an increase of 20.64% compared to the previous year's $22.49 billion. Earnings were $4.43 billion, an increase of 79.72%.

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for LEN.B stock is "Buy." The 12-month stock price forecast is 98.7, which is an increase of 58.96% from the latest price.

Price Target
$98.7
(58.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Are You Looking for a High-Growth Dividend Stock? Lennar (LEN) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lennar (LEN) have what it takes?

Other symbols:LEN
1 week ago - Zacks Investment Research

3 Undervalued Housing Stocks to Buy Now

3 undervalued housing stocks to buy now as their prices have fallen to levels that could soon support a strong rebound off these lows. The post 3 Undervalued Housing Stocks to Buy Now appeared first on ...

Other symbols:LENTOLWSM
1 week ago - InvestorPlace

Our baseline assumption is homebuilder stocks will drop further, says KeyBanc's Zener

Ken Zener, KeyBanc research analyst, joins 'Power Lunch' to discuss the affect of tightening cycles on the housing market, how much further homebuilder stocks could fall and more.

Other symbols:ITBKBHLENNVRTOLXHB
2 weeks ago - CNBC Television

7 Stocks to Sell Ahead of the Fed's Next Rate Hike

The upcoming Fed meeting on an interest rate hike can negatively impact the stock market. Thus, I have found seven vulnerable stocks to sell.

2 weeks ago - InvestorPlace

2 Red-Hot Stocks That I'm Still Buying During a Market Correction

Rumors of a housing crash have been exaggerated.

Other symbols:LENWY
3 weeks ago - The Motley Fool

MDC's Richmond American to Acquire Jones' Homebuilding Assets

MDC is on an expansion spree and intends to acquire all of Jones' homebuilding assets.

Other symbols:DHILENMDCPHM
3 weeks ago - Zacks Investment Research

Should Value Investors Buy Lennar (LEN) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Other symbols:LEN
3 weeks ago - Zacks Investment Research

KBR Inks 7-Year Maintenance Services Contract, Boosts Backlog

Per the latest contract, KBR is set to offer maintenance services at the SATORP refinery in Jubail, Kingdom of Saudi Arabia.

Other symbols:FLRKBRLENNOA
4 weeks ago - Zacks Investment Research

LMC Announces Opening of The Remy

Mid-rise luxury community in the heart of Plantation  PLANTATION, Fla. , April 20, 2022 /PRNewswire/ -- LMC , a wholly owned subsidiary of Lennar Corporation [NYSE: LEN] and a leader in apartment develo...

Other symbols:LEN
4 weeks ago - PRNewsWire

4 Stocks to Watch Amid Challenges for Homebuilding Industry

In spite of challenges, U.S. homebuilding remains on solid ground, helping stocks like Lennar Corp. (LEN), D.R. Horton (DHI), KB Home (KBH) and Toll Brothers (TOL).

Other symbols:DHIKBHLENTOL
4 weeks ago - Zacks Investment Research

The Twilight Zone

Depending on your age, the bull market in stocks started in 1982, with stocks trading at six-times earnings and the U.S. Treasury Bonds paying 15% interest, or in 2009 at the bottom of the financial cri...

Other symbols:CLRDHILENNVROXY
1 month ago - GuruFocus

D.R. Horton, Lennar: Are Home Builder Stocks A Value Trap?

Our theme of Housing Stocks, which includes the stocks of home builders, building products companies, and home improvement players, has declined by about 32% year-to-date, compared to the S&P 500, which...

Other symbols:DHILEN
1 month ago - Forbes

Home builder stocks shouldn't bounce much after earnings as rate outlook weighs, analyst says

J.P. Morgan analyst Michael Rehaut cut his price targets on a host of home builders' stocks, saying investors are likely to remain concerned about the sustainability of current demand given the continue...

Other symbols:DHILENNVRPHMTOL
1 month ago - Market Watch

Lennar Corporation Declares Quarterly Dividends

MIAMI , April 12, 2022 /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 of...

Other symbols:LEN
1 month ago - PRNewsWire

Why You Should Consider Buying Lennar (LEN) Amid Challenges

Steady performance, higher operating leverage and a solid backlog level are likely to help Lennar (LEN) grow further, defying challenges.

Other symbols:LEN
1 month ago - Zacks Investment Research

Solid Sales Growth Makes These 5 Stocks Worth Betting on

Solid sales growth is vital to gauge a company's health and ability to sustain its business. Let's check out News Corporation (NWSA), Commercial Metals (CMC), Lennar (LEN), Lithia Motors (LAD) & Comstoc...

Other symbols:CMCCRKLADLENNWSA
1 month ago - Zacks Investment Research

1 Homebuilder to Buy for the Long Term

Homebuilders are enduring a rough 2022, but here's one that could emerge from the downturn.

Other symbols:LEN
1 month ago - The Motley Fool

MDC or TPH: Which Homebuilding Stock is a More Profitable Pick?

Homebuilding prospects look solid for first-quarter 2022 on upbeat demand. Let's see whether M.D.C.

Other symbols:DHILENMDCTPH
1 month ago - Zacks Investment Research

Vexed by a Rocky Homebuilding Market? 5 Value Stocks to the Rescue

Investing in values stocks like TPH, DHI, LEN, MDC and TMHC in the housing industry seems prudent, given a choppy environment.

Other symbols:DHILENMDCTMHCTPH
1 month ago - Zacks Investment Research

Homebuilding Industry Driving Construction Spending: 4 Picks

Spending on residential construction projects is helping the construction sector, boding well for stocks like D.R. Horton (DHI), Lennar Corporation (LEN), Century Communities (CCS) and NVR, Inc (NVR).

Other symbols:CCSDHILENNVR
1 month ago - Zacks Investment Research

Eight LMC Communities Earn EPA Energy Star Certifications

Certifications reflect company's commitment to energy conservation CHARLOTTE, N.C. , April 4, 2022 /PRNewswire/ --  LMC , a wholly-owned subsidiary of Lennar (NYSE:LEN) and a leader in apartment develop...

Other symbols:LEN
1 month ago - PRNewsWire

5 Dirt Cheap Homebuilder Stocks in 2022

They're trading with P/Es under 5, but are the homebuilder stocks values or traps?

Other symbols:DHIKBHLENPHMTOL
1 month ago - Zacks Investment Research

Are Investors Undervaluing Lennar (LEN) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Other symbols:LEN
1 month ago - Zacks Investment Research

HOME SALES OPEN FOR FIRST-EVER LENNAR NEIGHBORHOOD IN WINCHESTER, VIRGINIA, BRINGING DESIGN, TECHNOLOGY, QUALITY AND ...

WINCHESTER, Va. , March 29, 2022 /PRNewswire/ -- Homebuyers in Winchester, Virginia can now enjoy the trademark design, technology, and quality of a Lennar home with the introduction of Senseny Village,...

Other symbols:LEN
1 month ago - PRNewsWire

How Lennar (LEN) Stock Stands Out in a Strong Industry

Lennar (LEN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Other symbols:LEN
1 month ago - Zacks Investment Research