Lennar Corporation (LEN)
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 |
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 |
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 |
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 |
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% |
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 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 |