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Lennar (LEN)
NYSE:LEN
Holding LEN?
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LEN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$102.90 - $186.60
Previous Close$182.06
Volume1.46M
Average Volume (3M)2.22M
Market Cap
$49.12B
Enterprise Value$49.26B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)12.3
Beta1.16
Next Earnings
Sep 17, 2024EPS Estimate
$3.64Last Dividend Ex-Date
Jul 05, 2024Dividend Yield1.04%
Share Statistics
EPS (TTM)14.71
Shares Outstanding274,604,051
10 Day Avg. Volume1,355,975
30 Day Avg. Volume2,217,798
Standard Deviation0.12
R-Squared0.52
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)1.84
Price to Sales (P/S)1.39
Price to Cash Flow (P/CF)51.30
P/FCF Ratio61.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.38
Enterprise Value/Gross Profit8.29
Enterprise Value/Ebitda3.78
Forecast
1Y Price Target
$175.71Price Target Upside-3.49% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Lennar News
Bulls Say, Bears Say
Bulls Say
Market PositionThe combination of going asset-light, optimizing the balance sheet, scaling operations, and faster building cycle times should drive Lennar's return on equity higher.
Operational EfficiencyLennar's shift towards a manufacturing-based strategy, including its 'everything’s included' model, is expected to drive greater efficiencies.
Strategic InitiativesAnalysts are encouraged by Lennar's ongoing progress towards an asset-light model, leading to consistent production pace and increased cash generation.
Bears Say
Market PerformanceThe operating environment over the coming quarters shows less upside for LEN compared to others in coverage.
Strategic InitiativesUncertainty on the timing and potential financial impact of strategic initiatives, including the spin of land assets, are likely to remain an overhang.
ValuationMuch of the potential benefits from greater exposure to entry-level and first-time buyers as rates decline is captured in the valuation.
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Ownership Overview
11.93% Insiders
29.54% Mutual Funds
50.38% Other Institutional Investors
8.15% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LEN FAQ
What was Lennar’s price range in the past 12 months?
Lennar lowest stock price was $102.90 and its highest was $186.60 in the past 12 months.
What is Lennar’s market cap?
Currently, no data Available
When is Lennar’s upcoming earnings report date?
Lennar’s upcoming earnings report date is Sep 17, 2024 which is in 16 days.
How were Lennar’s earnings last quarter?
Lennar released its earnings results on Jun 17, 2024. The company reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.232 by $0.218.
Is Lennar overvalued?
According to Wall Street analysts Lennar’s price is currently Overvalued.
Does Lennar pay dividends?
Lennar pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 1.04%. See more information on Lennar dividends here
What is Lennar’s EPS estimate?
Lennar’s EPS estimate is $3.64.
How many shares outstanding does Lennar have?
Lennar has 241,703,430 shares outstanding.
What happened to Lennar’s price movement after its last earnings report?
Lennar reported an EPS of $3.45 in its last earnings report, beating expectations of $3.232. Following the earnings report the stock price went down -4.976%.
Which hedge fund is a major shareholder of Lennar?
Among the largest hedge funds holding Lennar’s share is Greenhaven Associates Inc. It holds Lennar’s shares valued at 1B.
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Lennar Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$175.71 (-3.49% Downside)
$175.71 (-3.49% Downside)
Blogger Sentiment
Bullish
LEN Sentiment 76%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 2.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
54.69%
12-Months-Change
Fundamentals
Return on Equity
15.79%
Trailing 12-Months
Asset Growth
4.91%
Trailing 12-Months
Company Description
Lennar
Incorporated in 1954, Florida-based Lennar Corp. is a homebuilder company, which provides real estate related financial and investment management services. It operates through the following segments: Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other.
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LEN Earnings Call
Q2 2024
0:00 / 0:00
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LEN Revenue Breakdown
95.41% Homebuilding
2.85% Financial Services
1.68% Multifamily
0.06% Lennar Other
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LEN Stock 12 Month Forecast
Average Price Target
$175.71
▼(-3.49% Downside)
Technical Analysis
Best Analysts Covering LEN
1 Year
1 Year Success Rate
18/20 ratings generated profit
1 Year Average Return
+35.93%
reiterated a buy rating 2 months ago
Copying Matthew Bouley's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +35.93% per trade.
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