Lennar (LEN)
(Delayed Data from NYSE)
$185.80 USD
+3.61 (1.98%)
Updated Sep 23, 2024 04:00 PM ET
After-Market: $185.77 -0.03 (-0.02%) 7:58 PM ET
4-Sell of 5 4
B Value C Growth D Momentum C VGM
Company Summary
Founded in 1954 and based in Miami, FL, Lennar Corporation is engaged in homebuilding and financial services in the United States. The company’s reportable segments consist of Homebuilding, Lennar Financial Services, Rialto and Lennar Multifamily.
Despite the varied product portfolio, homebuilding remains Lennar’s core business. Homebuilding operations (accounting for 95.4% of fiscal 2023 total revenues) include the sale and construction of single-family attached and detached homes as well as the purchase, development and sale of residential land directly and through unconsolidated entities.
Lennar’s reportable homebuilding segments consist of Homebuilding ...
Company Summary
Founded in 1954 and based in Miami, FL, Lennar Corporation is engaged in homebuilding and financial services in the United States. The company’s reportable segments consist of Homebuilding, Lennar Financial Services, Rialto and Lennar Multifamily.
Despite the varied product portfolio, homebuilding remains Lennar’s core business. Homebuilding operations (accounting for 95.4% of fiscal 2023 total revenues) include the sale and construction of single-family attached and detached homes as well as the purchase, development and sale of residential land directly and through unconsolidated entities.
Lennar’s reportable homebuilding segments consist of Homebuilding East, which covers Florida, Georgia, Maryland, New Jersey, North Carolina, South Carolina and Virginia; Homebuilding Central covers Arizona, Colorado and Texas; Homebuilding West covers California and Nevada; Homebuilding Other covers Illinois, Indiana, Minnesota, Oregon, Tennessee, Utah and Washington. However, Homebuilding Other is not considered a reportable segment.
The Financial Services business (2.9%) includes mortgage financing, title insurance and closing services to the company’s homebuyers as well as others through Lennar’s financial services subsidiaries — Universal American Mortgage Company and Eagle Home Mortgage.
Lennar Multi-Family (1.7%) is involved in the development, construction and property management of multi-family rental apartments in premium markets of California through unconsolidated entities.
Lennar & Other (0.1%) includes operations primarily from the company's share of carried interests in Rialto fund investments, retained after the sale of Rialto's asset and investment management platform, along with equity in earnings/loss from Rialto fund investments and strategic technology investments, including other income (expense).
General Information
Lennar Corporation
5505 Waterford District Drive
MIAMI, FL 33126
Phone: 305-559-4000
Fax: 305-226-4158
Email: ian.frazer@lennar.com
Industry | Building Products - Home Builders |
Sector | Construction |
Fiscal Year End | November |
Last Reported Quarter | 8/31/2024 |
Exp Earnings Date | 12/12/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 4.73 |
Current Year EPS Consensus Estimate | 14.13 |
Estimated Long-Term EPS Growth Rate | 7.70 |
Exp Earnings Date | 12/12/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 182.19 |
52 Week High | 193.80 |
52 Week Low | 102.90 |
Beta | 1.61 |
20 Day Moving Average | 1,771,199.00 |
Target Price Consensus | 183.06 |
4 Week | -1.53 |
12 Week | 21.57 |
YTD | 22.24 |
4 Week | -2.70 |
12 Week | 16.41 |
YTD | 2.25 |
Shares Outstanding (millions) | 274.60 |
Market Capitalization (millions) | 50,030.12 |
Short Ratio | NA |
Last Split Date | 1/21/2004 |
Dividend Yield | 1.10% |
Annual Dividend | $2.00 |
Payout Ratio | 0.13 |
Change in Payout Ratio | 0.04 |
Last Dividend Payout / Amount | 7/5/2024 / $0.50 |
Fundamental Ratios
P/E (F1) | 12.90 |
Trailing 12 Months | 12.13 |
PEG Ratio | 1.68 |
vs. Previous Year | -0.26% |
vs. Previous Quarter | 15.38% |
vs. Previous Year | 7.86% |
vs. Previous Quarter | 7.42% |
Price/Book | 1.82 |
Price/Cash Flow | 12.20 |
Price / Sales | 1.37 |
8/31/24 | 15.47 |
5/31/24 | 15.93 |
2/29/24 | 15.90 |
8/31/24 | 10.68 |
5/31/24 | 10.98 |
2/29/24 | 10.89 |
8/31/24 | 4.90 |
5/31/24 | 4.93 |
2/29/24 | 5.47 |
8/31/24 | 0.98 |
5/31/24 | 0.91 |
2/29/24 | 1.27 |
8/31/24 | 11.46 |
5/31/24 | 11.83 |
2/29/24 | 11.84 |
8/31/24 | 11.51 |
5/31/24 | 11.58 |
2/29/24 | 11.59 |
8/31/24 | 15.11 |
5/31/24 | 15.24 |
2/29/24 | 15.26 |
8/31/24 | 100.35 |
5/31/24 | 98.38 |
2/29/24 | 96.21 |
8/31/24 | 1.57 |
5/31/24 | 1.49 |
2/29/24 | 1.42 |
8/31/24 | 0.08 |
5/31/24 | 0.08 |
2/29/24 | 0.11 |
8/31/24 | 7.59 |
5/31/24 | 7.66 |
2/29/24 | 9.56 |