Lennar Corporation (LEN)

NYSE: LEN · IEX Real-Time Price · USD
+3.66 (2.86%)
At close: Dec 1, 2023, 4:00 PM
-0.99 (-0.75%)
Pre-market: Dec 4, 2023, 8:34 AM EST
Market Cap 36.95B
Revenue (ttm) 33.44B
Net Income (ttm) 3.90B
Shares Out 280.83M
EPS (ttm) 13.48
PE Ratio 9.76
Forward PE 9.03
Dividend $1.50 (1.14%)
Ex-Dividend Date Oct 11, 2023
Volume 1,755,748
Open 128.03
Previous Close 127.92
Day's Range 127.94 - 131.67
52-Week Range 84.51 - 133.24
Beta 1.48
Analysts Buy
Price Target 130.89 (-0.52%)
Earnings Date Dec 14, 2023

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]

Founded 1954
Employees 12,012
Stock Exchange NYSE
Ticker Symbol LEN
Full Company Profile

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 Statements

Analyst Forecast

According to 19 analysts, the average rating for LEN stock is "Buy." The 12-month stock price forecast is $130.89, which is a decrease of -0.52% from the latest price.

Price Target
(-0.52% downside)
Analyst Consensus: Buy
Stock Forecasts



MIAMI , Dec. 1, 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 fourth quarter e...

2 days ago - PRNewsWire

Home prices expected to drop, but homebuilders remain strong

Some economists and housing analysts say home prices will likely decline soon, just as existing home inventory is rising. According to November 22 data from real estate platform Redfin, median sale pr...

Other symbols: DHINVRPHMTOL
7 days ago - MarketBeat

Final Trades: Lennar, Synopsys & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: SNPSMUB
16 days ago - CNBC Television

Why High Interest Rates Are Actually Helping Homebuilder Stocks Such As Lennar & Pulte

Mortgage rates in the U.S. have soared to the highest level in more than twenty years, due to the Fed's hawkish stance and the post-pandemic surge in inflation.

19 days ago - Forbes

Cramer's Stop Trading: Lennar

CNBC's Jim Cramer explains why he is keeping an eye on shares of Lennar.

19 days ago - CNBC Television

You won't believe what Buffett's latest investments reveal

It is no secret that Warren Buffett's baby-turned-giant, Berkshire Hathaway NYSE: BRK.A, has been piling up a record level of cash on hand. This can only mean two things are top of mind for the legend...

Other symbols: BLDRDHIICE
27 days ago - MarketBeat

Homebuilder Stocks Like Lennar Are Having A Good Year Despite Mixed Macros, What's Next?

Mortgage rates in the U.S. have soared to the highest level in over twenty years, due to the Fed's hawkish stance.

5 weeks ago - Forbes

Home-builder stocks fall as lowest affordability in nearly 40 years offsets upbeat sales data

The home-builder sector suffered a broad selloff Wednesday as a rise in Treasury yields, which highlighted concerns over generationally low housing affordability, offset data showing a big beat in new...

5 weeks ago - Market Watch

Faith In The Construction Boom? Follow Buffet's New Buys Here

Everyone is aware of Warren Buffett's new position in construction and homebuilder stocks. Since you are here browsing on MarketBeat, it is safe to assume that you are not everyone and are looking to ...

Other symbols: DHI
6 weeks ago - MarketBeat

Housing Starts Up, Homebuilders Down as Mortgage Rates Soar

Homebuilders as a group were trading lower following the U.S. Census Bureau's report that more single-family homes were built in September than in August.

6 weeks ago - MarketBeat

High rates rock housing stocks

CNBC's Diana Olick reports on the latest for homebuilder stocks.

Other symbols: DHIKBHXHB
7 weeks ago - CNBC Television

Homebuilder stocks crumble as mortgage rates surge and as home buyers retreat

Shares of homebuilders took a broad beating Thursday, as mortgage rates kept rising to a 23-year high, and prompting more home buyers to back off. The iShares Home Construction ETF ITB, -4.82% dropped...

7 weeks ago - Market Watch

Three reasons investors have fallen in love with home builders' stocks

At a time when mortgage loan rates have soared to their highest levels since 2000, it might surprise you that some analysts think this is a good time to buy shares of large home builders. But there ar...

7 weeks ago - Market Watch

Homebuilder stocks take a broad beating after jobs data sends Treasury yields to fresh 16-year highs

Shares of homebuilders were taking a broad beating Friday, after the stronger-than-expected jobs data sent Treasury yields to fresh 16-year highs, making new homes less affordable. The iShares U.S. Ho...

2 months ago - Market Watch

Housing stocks in the red as bond yieds and mortgage rates rise

CNBC's Diana Olick joins 'Closing Bell' to discuss the pressure the higher mortgage and bond yield rates are having on the housing market.

Other symbols: DHIPHMZZG
2 months ago - CNBC Television

Homebuilder stocks under pressure amid rising rates

The current interest rate environment is driving mortgage rates higher, which in turn are having their own effect on homebuilder stocks, such as D.R. Horton (DHI), Lennar (LEN), and PulteGroup (PHM).

2 months ago - Yahoo Finance

Lennar Corporation Declares Quarterly Dividends

MIAMI , Sept. 27, 2023 /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 ...

2 months ago - PRNewsWire

Higher rates are never a good thing for the housing market, says HousingWire's Logan Mohtashami

Logan Mohtashami, HousingWire lead analyst, joins 'Squawk on the Street' to discuss the latest existing home sales data, whether the analyst is modeling any relief on rates, and more.

2 months ago - CNBC Television

U.S. new-home sales fall 8.7% in August amid high mortgage rates

The numbers: Sales of newly built homes in the U.S. fell in August as interest rates and home prices stayed elevated, dampening buyer demand.

Other symbols: DHIPHMTOL
2 months ago - Market Watch

Homebuilder stocks take a broad beating as rising long-term interest rates raises affordability concerns

Shares of home builders took a broad beating Thursday, amid growing concerns over housing affordability as interest rates have been surging. The iShares U.S. Home Construction ETF ITB dropped 2.6% in ...

2 months ago - Market Watch

Lennar Elects Dacona Smith to the Board of Directors

MIAMI , Sept. 20, 2023 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced today that Lennar's Board of Directors has increased the size of it...

2 months ago - PRNewsWire

Here are the 14 stocks Jim Cramer is watching, including Apple, Goldman Sachs, Amazon

Here are some of the tickers on my radar for Wednesday, Sept. 20, taken directly from my reporter's notebook.

2 months ago - CNBC

Deutsche Bank analyst on the state of housing: Prices should remain stable

Joe Ahlersmeyer, Deutsche Bank analyst, joins 'The Exchange' to discuss the health of housing as housing starts fell to its lowest level since 2020 amid high mortgage rates.

2 months ago - CNBC Television

Here are the 12 stocks Jim Cramer is watching, including Netflix, Arm, Planet Fitness

Here are some of the tickers on my radar for Monday, Sept. 18 taken directly from my reporter's notebook.

2 months ago - CNBC

Three-Stock Lunch: Adobe, Charles Schwab & Lennar

Brian Vendig, MJP Wealth Advisors president, joins ‘Power Lunch' to discuss three stocks: Adobe, Charles Schwab and Lennar.

Other symbols: ADBESCHW
2 months ago - CNBC Television