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Lennar Corporation (LEN)

Class A Shares
Stock Price: $77.71 USD 0.67 (0.87%)
Updated November 27, 1:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 24.30B
Revenue (ttm) 22.63B
Net Income (ttm) 2.26B
Shares Out 275.12M
EPS (ttm) 7.16
PE Ratio 10.85
Forward PE 9.46
Dividend $1.00
Dividend Yield 1.29%

Stock Quote

Trading Day November 27
Last Price $77.71
Previous Close $77.04
Change ($) 0.67
Change (%) 0.87%
Day's Open 76.94
Day's Range 76.75 - 78.62
Day's Volume 785,985
52-Week Range 25.42 - 86.80

More Stats

Market Cap 24.30B
Enterprise Value 29.50B
Earnings Date (est) Dec 16, 2020
Ex-Dividend Date Oct 15, 2020
Shares Outstanding 275.12M
Float 270.17M
EPS (basic) 7.18
EPS (diluted) 7.16
FCF / Share 13.05
Dividend $1.00
Dividend Yield 1.29%
Earnings Yield 9.21%
FCF Yield 16.77%
Payout Ratio 5.80%
Shares Short 8.73M
Short Ratio 2.99
Short % of Float 3.23%
Beta 1.65
PE Ratio 10.85
Forward PE 9.46
P/FCF Ratio 5.96
PS Ratio 1.07
PB Ratio 1.38
Revenue 22.63B
Operating Income 2.86B
Net Income 2.26B
Free Cash Flow 4.07B
Net Cash -5.20B
Net Cash / Share -16.63
Gross Margin 19.96%
Operating Margin 12.63%
Profit Margin 10.00%
FCF Margin 18.00%
ROA 6.18%
ROE 13.73%
ROIC 8.90%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (20)

Buy 11
Overweight 2
Hold 7
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$90.41*
(16.34% upside)
Low
77.0
Current: $77.71
High
112.0
Target: 90.41
*Average 12-month price target from 17 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue22,26020,57212,64610,9509,4747,7805,9354,1053,0953,074
Revenue Growth8.21%62.67%15.49%15.58%21.78%31.08%44.58%32.62%0.69%-
Gross Profit2,8022,3341,6251,4951,3021,099832444199218
Operating Income2,4611,8371,3391,2621,086922686316103124
Net Income1,8491,69681091280363948067992.2095.26
Shares Outstanding318330235228210205194191187185
Earnings Per Share5.745.443.383.863.392.802.153.110.480.51
EPS Growth5.51%60.95%-12.44%13.86%21.07%30.23%-30.87%547.92%-5.88%-
Dividend Per Share0.160.160.160.160.160.160.160.160.160.16
Dividend Growth0%0%0%0%0%0%0%0%0%-
Operating Cash Flow1,4821,692982508-420-788-808-425-259274
Capital Expenditures-16.06-77.58-47.84-51.15-26.107.06123-2.82-9.94-5.06
Free Cash Flow1,4661,614935457-446-781-685-427-269269
Cash & Equivalents1,2111,3502,2921,0569078969361,2601,1171,292
Total Debt7,7778,5446,4104,5765,0254,6614,1944,6064,1593,899
Net Cash / Debt-6,566-7,194-4,118-3,520-4,118-3,766-3,259-3,346-3,042-2,607
Assets29,36028,56618,74515,36214,42012,92311,27310,3629,1558,788
Liabilities13,32613,88310,7598,1508,4697,6726,6466,3615,8515,593
Book Value15,95014,5827,8727,0265,6494,8274,1693,4152,6962,609
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Lennar Corporation
Country United States
Employees 10,106
CEO Jonathan M. Jaffe / Richard Beckwitt

Stock Information

Ticker Symbol LEN
Stock Exchange New York Stock Exchange
Share Class Class A Shares
Sector Consumer Cyclical
Industry Residential Construction
Unique Identifier NYSE: LEN

Description

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. It primarily sells single-family attached and detached homes in communities targeted to first-time homebuyers, move-up homebuyers, active adult homebuyers, and luxury homebuyers. The company also offers mortgage financing, title insurance, and closing services for home buyers and others. In addition, it is involved in the fund investment activity; and originating and selling into securitizations commercial mortgage loans. Further, the company develops, constructs, and manages multifamily rental properties. Lennar Corporation was founded in 1954 and is based in Miami, Florida.