Lennar Corporation (LEN.B)
| Market Cap | 29.33B |
| Revenue (ttm) | 33.67B |
| Net Income (ttm) | 4.61B |
| Shares Out | 335.10M |
| EPS (ttm) | 15.72 |
| PE Ratio | 5.57 |
| Forward PE | 5.94 |
| Dividend | $1.50 (1.71%) |
| Ex-Dividend Date | Jan 26, 2023 |
| Volume | 75,162 |
| Open | 86.52 |
| Previous Close | 86.02 |
| Day's Range | 86.14 - 87.55 |
| 52-Week Range | 52.67 - 91.00 |
| Beta | 1.41 |
| Analysts | Buy |
| Price Target | 98.32 (+12.33%) |
| Earnings Date | Mar 14, 2023 |
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... [Read more]
Financial Performance
In 2022, Lennar's revenue was $33.67 billion, an increase of 24.11% compared to the previous year's $27.13 billion. Earnings were $4.61 billion, an increase of 4.15%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for LEN.B stock is "Buy." The 12-month stock price forecast is $98.32, which is an increase of 12.33% from the latest price.
News
Lennar (LEN) to Make Low Profits in 2023 Amid Price Momentum
Rising mortgage rates and affordability issues are potent headwinds for Lennar (LEN).
We think there's a number of tailwinds here for the homebuilders, says Oppenheimer's Batory
Tyler Batory of Oppenheimer joins 'Closing Bell' to give the bull case for investing in homebuilders.
Are Homebuilders Ready To Rally If Fed Rate Hikes Slow?
With the Federal Reserve increasing interest rates by just 25 basis points, and indicating that it may soften its stance toward further hikes this year, does that mean it's rally time for homebuilders...
7 Great Value Stocks to Buy While You Can
According to JPMorgan, “Value investing is about picking stocks based on their potential long-term value,” and “Value investors are looking to buy stocks that are overlooked by other investors.” With ...
Lennar (LEN) Q1 Earnings & Revenues Top, Stock Up, Margins Dip
Lennar's (LEN) fiscal first quarter aids from higher deliveries. Yet, lower pricing ail.
Lennar Raises The Roof With Q1 Results: Don't Chase It Higher
Lennar (NYSE: LEN) raised the roof with Q1 results, but investors are urged not to chase this market higher. The results, while good, confirm news from other homebuilders that suggest a looming cliff ...
Lennar (LEN) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Lennar (LEN) give insight into how the company performed in the quarter ended February 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimat...
Lennar, First Republic, Smartsheet, SentinelOne, and More Market Movers
Home builder Lennar reports fiscal first-quarter earnings and revenue that beat analysts' expectations, while shares of First Republic and other regional banks rise as bank fears ease.
Lennar chairman on Q1 results: ‘we saw a strong economy'
Lennar Corp (NYSE: LEN) is trading up in extended hours after reporting strong results for its first financial quarter. Lennar stock up on upbeat guidance The stock is also being rewarded for the enco...
Lennar (LEN) Q1 Earnings and Revenues Top Estimates
Lennar (LEN) delivered earnings and revenue surprises of 35.90% and 8.09%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?
Earnings Alert: Lennar on the move
CNBC's Diana Olick looks at homebuilder Lennar after earnings. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Tim Seymour, Guy Adami and Courtney Garcia.
Lennar stock rises after earnings, forecast beat
Lennar Corp. LEN shares rose in the extended session Tuesday after the homebuilder's quarterly results and forecast topped Wall Street estimates. Lennar shares rose 3% after hours, following a 1.3% ri...
Stocks moving in after hours: Lennar, Freshpet, Guess, First Republic Bank, Charles Schwab, Zions
Yahoo Finance Live's Seana Smith checks out several stocks trending in the after-hours trading session.
Here's How Lennar (LEN) is Poised Ahead of Its Q1 Earnings
Lennar's (LEN) fiscal first-quarter results are likely to reflect lower home sales, pricing and operating leverage.
Lennar (LEN) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Lennar (LEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LENNAR CORPORATION'S FIRST QUARTER EARNINGS CONFERENCE CALL TO BE BROADCAST LIVE ON THE INTERNET
MIAMI , March 6, 2023 /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 first quarter e...
Why Lennar (LEN) is Poised to Beat Earnings Estimates Again
Lennar (LEN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
New Strong Sell Stocks for February 17th
BGS, LEN and BMA have been added to the Zacks Rank #5 (Strong Sell) List on February 17, 2023.
Homebuilder stocks strong, in spite of concern over the economy
The committee discusses homebuilder stocks, which have had a good year. With CNBC's Scott Wapner and the 'Halftime Report' investment committee, Requisite Capital's Bryn Talkington, Virtus Investment ...
Builders will scramble to catch up to demand for years, says Santander's Stephen Stanley
UBS's John Lovallo and Santander's Stephen Stanley join 'The Exchange' to discuss the state of housing as more affluent Americans rent.
Are These Home Builder Approaching Possible Buy Points?
While there's conflicting economic and business sentiment about the home building industry, companies including D.R. Horton Inc. (NYSE: DHI), Lennar Corp. (NYSE: LEN), NVR Inc. (NYSE: NVR), PulteGroup...