Lennar Corporation (LEN)
| 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]
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 StatementsAnalyst 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.
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...
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 ...
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.
Here's My Top Value Stock to Buy Right Now
Investors should take a closer look at the homebuilding sector.
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.
Here's Why Investors Should Steer Clear of Lennar (LEN) Now
Rising mortgage rates and affordability issues are potent headwinds for Lennar (LEN).
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.
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 ...
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.
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.
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.
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.
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, ...
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...
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...
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.
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.
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.
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.
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...
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.
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.
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 ...
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.
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.