Lennar Corporation (LEN)

NYSE: LEN · IEX Real-Time Price · USD
88.30
+0.14 (0.16%)
At close: Dec 2, 2022 4:00 PM
88.04
-0.26 (-0.29%)
Pre-market: Dec 5, 2022 7:06 AM EST
0.16%
Market Cap 25.10B
Revenue (ttm) 31.93B
Net Income (ttm) 4.48B
Shares Out 291.39M
EPS (ttm) 15.09
PE Ratio 5.85
Forward PE 6.75
Dividend $1.50 (1.70%)
Ex-Dividend Date Oct 12, 2022
Volume 1,368,772
Open 86.44
Previous Close 88.16
Day's Range 86.01 - 88.39
52-Week Range 62.54 - 117.54
Beta 1.43
Analysts Buy
Price Target 98.24 (+11.3%)
Earnings Date Dec 21, 2022

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]

Industry Household Durables
Founded 1954
CEO Richard Beckwitt
Employees 10,753
Stock Exchange NYSE
Ticker Symbol LEN
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 23 analysts, the average rating for LEN stock is "Buy." The 12-month stock price forecast is 98.24, which is an increase of 11.26% from the latest price.

Price Target
$98.24
(11.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

LENNAR CORPORATION'S FOURTH QUARTER EARNINGS CONFERENCE CALL TO BE BROADCAST LIVE ON THE INTERNET

MIAMI , Dec. 1, 2022 /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 end...

3 days ago - PRNewsWire

Homebuilder stocks fall after more weak pending home sales data

Shares of companies in the home construction sector took a broad beating Wednesday, in the wake of more weak data on pending home sales. The National Association of Realtors said Wednesday that pending ...

Other symbols: DHIHDPHM
4 days ago - Market Watch

Trader Triple Play: Boeing, casinos & homebuilders on the move

The traders discuss Boeing, Wynn, LVS and the homebuilders. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Dan Nathan, Guy Adami and Steve Grasso.

5 days ago - CNBC Television

Here's My Top Value Stock to Buy Right Now

Investors should take a closer look at the homebuilding sector.

5 days ago - The Motley Fool

Investors Heavily Search Lennar Corporation (LEN): Here is What You Need to Know

Lennar (LEN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

6 days ago - Zacks Investment Research

Here's Why Investors Should Steer Clear of Lennar (LEN) Now

Rising mortgage rates and affordability issues are potent headwinds for Lennar (LEN).

1 week ago - Zacks Investment Research

One major homebuilder is resorting to Black Friday discounts to lure buyers back to the market

Buyers are gaining power as builders drop prices and offer incentives to offset high mortgage rates and diminished demand for their homes.

1 week ago - Business Insider

Home Builders' Sentiment

The Wall Street Journal reported last week that the National Association of Home Builders' (NAHB) sentiment about the future was 33% and at its lowest since 2012. As you can guess, the contrarianism in ...

Other symbols: DHI
1 week ago - GuruFocus

Here is What to Know Beyond Why Lennar Corporation (LEN) is a Trending Stock

Zacks.com users have recently been watching Lennar (LEN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

2 weeks ago - Zacks Investment Research

Lennar (LEN) Moves 12.6% Higher: Will This Strength Last?

Lennar (LEN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

3 weeks ago - Zacks Investment Research

Lennar, Icon can complete one 3D-printed house every two weeks

CNBC's Diana Olick joins 'The Exchange' to discuss the technology behind 3D-printed homes, the efficiency and resilience of the homes, and the mission to build 100 homes valued at around $400,000 each.

3 weeks ago - CNBC Television

Lennar, ICON partner to build largest 3D-printed neighborhood

Stuart Miller, executive chairman at Lennar, joins CNBC's Diana Olick to discuss the company's new partnership with Icon to discuss the home building company's first 3D-printed community.

3 weeks ago - CNBC Television

LENNAR ANNOUNCES VISIONARY COMMUNITY OF 3D-PRINTED HOMES WITH ICON IS NOW UNDERWAY IN GEORGETOWN, TX

Reservations Begin in 2023 for the 100-home Community Codesigned by BIG-Bjarke Ingels Group GEORGETOWN, Texas , Nov. 10, 2022 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, and ICON, ...

3 weeks ago - PRNewsWire

Wait! Why Smart Homebuyers Will Wait Until 2024 to Buy a House.

Last week, real estate firm Zumper reported that rents in Boston had jumped 20% year over year. The median cost for a one-bedroom apartment now sits at $3,060 — a figure that would consume 45% of a medi...

Other symbols: PHMDHINVRTOL
3 weeks ago - InvestorPlace

Hurry! 7 Pitiful Real Estate Stocks to Sell Before 2022 Ends

Perhaps the most debated topic of the new normal, the concept of real estate stocks to sell finally achieved mass-scale credibility. It all comes down to fundamental realities and it's better to not ove...

Other symbols: HMPTOPENRDFNRKTTOLZZG
1 month ago - InvestorPlace

Home sellers are getting realistic a lot faster now, says Coldwell Banker CEO

M. Ryan Gorman, Coldwell Banker CEO, joins 'The Exchange' to discuss the housing market as sales slow amidst rising mortgage rates.

Other symbols: DHINVRPHMTOL
1 month ago - CNBC Television

Is Trending Stock Lennar Corporation (LEN) a Buy Now?

Lennar (LEN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

1 month ago - Zacks Investment Research

Analysts warn US housing demand ‘cratered' as mortgage rates ‘ensure' recession

Demand within the US housing market has effectively “cratered” as mortgage rates surged to their highest level in decades, Raymond James analysts warned in a recent note to clients.

Other symbols: DHIKBHMDCPHMTOL
1 month ago - New York Post

Home Builder Stocks Are Way Down. A Calmer Bond Market Could Help.

Expectations for the Federal Reserve's monetary tightening are likely to remain consequential to home builders.

Other symbols: DHINVRPHM
1 month ago - Barrons

Raymond James downgrades homebuilder stocks as 7% mortgage rates 'cripple' housing affordability

Raymond James analysts Buck Horne and Tousley Hyde on Friday downgraded shares of KB Home KBH, -0.60% , Lennar Corp. LEN, -1.26% , M.D.C. Holdings Inc. MDC, +0.31% , PulteGroup Inc. PHM, -1.53% and Toll...

Other symbols: DHIKBHMDCPHMTOL
1 month ago - Market Watch

Is Most-Watched Stock Lennar Corporation (LEN) Worth Betting on Now?

Zacks.com users have recently been watching Lennar (LEN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

1 month ago - Zacks Investment Research

3 Outperforming Homebuilders to Consider as Sentiment Declines

With mortgage rates rising on the back of climbing interest rates, homebuilder sentiment in the single-family home market has tumbled to half of what it was six months ago.

Other symbols: DHINVR
1 month ago - GuruFocus

We are nearing a bottom in the real estate market, says Black Knight's Walden

Andy Walden, Black Knight vice president of enterprise research, joins 'The Exchange'' to discuss how Walden would summarize the mortgage market right now, what happens if rates stay where they are for ...

Other symbols: DHINVRPHMTOL
1 month ago - CNBC Television

KeyBanc analyst Ken Zenner says its time to invest in homebuilders

The rise of interest rates brought an increase in mortgage rates, progressively weakening the US housing sector.

Other symbols: DHINVR
2 months ago - Finbold

Are Earnings Estimates Out of Sync with the Economy?

Estimates for the last two quarters of this year and full-year 2023 are coming down, even though positive revisions to the Energy sector continue to partly offset estimate cuts elsewhere.

Other symbols: ACNADBECOSTFDXGISORCL
2 months ago - Zacks Investment Research