Lennar Corporation (LEN)

NYSE: LEN · IEX Real-Time Price · USD
168.50
+2.94 (1.78%)
At close: Mar 27, 2024, 4:00 PM
168.25
-0.25 (-0.15%)
Pre-market: Mar 28, 2024, 4:00 AM EDT

Total Valuation

Lennar has a market cap or net worth of $46.43 billion. The enterprise value is $42.96 billion.

Market Cap 46.43B
Enterprise Value 42.96B

Important Dates

The last earnings date was Wednesday, March 13, 2024, after market close.

Earnings Date Mar 13, 2024
Ex-Dividend Date Jan 23, 2024

Share Statistics

Lennar has 275.54 million shares outstanding. The number of shares has decreased by -2.34% in one year.

Shares Outstanding 275.54M
Shares Change (YoY) -2.34%
Shares Change (QoQ) -1.07%
Owned by Insiders (%) 2.57%
Owned by Institutions (%) 95.02%
Float 246.82M

Valuation Ratios

The trailing PE ratio is 12.27 and the forward PE ratio is 11.91. Lennar's PEG ratio is 1.33.

PE Ratio 12.27
Forward PE 11.91
PS Ratio 1.36
Forward PS 1.30
PB Ratio 1.75
P/FCF Ratio 9.14
PEG Ratio 1.33
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.12, with an EV/FCF ratio of 8.46.

EV / Earnings 10.91
EV / Sales 1.25
EV / EBITDA 8.12
EV / EBIT 8.29
EV / FCF 8.46

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.11
Debt / EBITDA 0.53
Debt / FCF 0.55
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 15.50% and return on invested capital (ROIC) is 13.88%.

Return on Equity (ROE) 15.50%
Return on Assets (ROA) 10.50%
Return on Capital (ROIC) 13.88%
Revenue Per Employee $2.79M
Profits Per Employee $320,621
Employee Count 12,284
Asset Turnover 0.91
Inventory Turnover 1.49

Taxes

In the past 12 months, Lennar has paid $1.24 billion in taxes.

Income Tax 1.24B
Effective Tax Rate 23.96%

Stock Price Statistics

The stock price has increased by +64.91% in the last 52 weeks. The beta is 1.52, so Lennar's price volatility has been higher than the market average.

Beta (1Y) 1.52
52-Week Price Change +64.91%
50-Day Moving Average 156.12
200-Day Moving Average 132.33
Relative Strength Index (RSI) 64.21
Average Volume (30 Days) 2,076,490

Short Selling Information

The latest short interest is 4.18 million, so 1.52% of the outstanding shares have been sold short.

Short Interest 4.18M
Short Previous Month 4.67M
Short % of Shares Out 1.52%
Short % of Float 1.69%
Short Ratio (days to cover) 1.88

Income Statement

In the last 12 months, Lennar had revenue of $34.23 billion and earned $3.94 billion in profits. Earnings per share was $13.73.

Revenue 34.23B
Gross Profit 5.94B
Operating Income 5.37B
Pretax Income 5.18B
Net Income 3.94B
EBITDA 5.29B
EBIT 5.18B
Earnings Per Share (EPS) $13.73
Full Income Statement

Balance Sheet

The company has $6.29 billion in cash and $2.82 billion in debt, giving a net cash position of $3.47 billion or $12.60 per share.

Cash & Cash Equivalents 6.29B
Total Debt 2.82B
Net Cash 3.47B
Net Cash Per Share $12.60
Equity / Book Value 26.58B
Book Value Per Share 96.47
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $5.18 billion and capital expenditures -$99.80 million, giving a free cash flow of $5.08 billion.

Operating Cash Flow 5.18B
Capital Expenditures -99.80M
Free Cash Flow 5.08B
FCF Per Share $17.87
Full Cash Flow Statement

Margins

Gross margin is 17.35%, with operating and profit margins of 15.68% and 11.50%.

Gross Margin 17.35%
Operating Margin 15.68%
Pretax Margin 15.13%
Profit Margin 11.50%
EBITDA Margin 15.45%
EBIT Margin 15.13%
FCF Margin 14.84%

Dividends & Yields

This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 1.19%.

Dividend Per Share $2.00
Dividend Yield 1.19%
Dividend Growth (YoY) 8.33%
Years of Dividend Growth n/a
Payout Ratio 14.57%
Buyback Yield 2.34%
Shareholder Yield 3.53%
Earnings Yield 8.48%
FCF Yield 10.94%
Dividend Details

Analyst Forecast

The average price target for Lennar is $164.47, which is -2.39% lower than the current price. The consensus rating is "Buy".

Price Target $164.47
Price Target Difference -2.39%
Analyst Consensus Buy
Analyst Count 16
Revenue Growth Forecast (5Y) 3.89%
EPS Growth Forecast (5Y) 8.56%
Stock Forecasts

Stock Splits

The last stock split was on November 9, 2017. It was a forward split with a ratio of 1017:1000.

Last Split Date Nov 9, 2017
Split Type Forward
Split Ratio 1017:1000

Scores

Altman Z-Score n/a
Piotroski F-Score 5