lennar corp. - LEN

LEN

Close Chg Chg %
141.55 -8.41 -5.94%

Closed Market

133.14

-8.41 (5.94%)

Volume: 6.36M

Last Updated:

Jan 21, 2025, 3:59 PM EDT

Company Overview: lennar corp. - LEN

LEN Key Data

Open

$136.01

Day Range

132.49 - 139.19

52 Week Range

128.41 - 193.80

Market Cap

$38.39B

Shares Outstanding

271.24M

Public Float

232.83M

Beta

1.66

Rev. Per Employee

N/A

P/E Ratio

9.89

EPS

$14.39

Yield

141.30%

Dividend

$0.50

EX-DIVIDEND DATE

Jan 29, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

3.25M

 

LEN Performance

1 Week
 
0.00%
 
1 Month
 
2.51%
 
3 Months
 
-18.32%
 
1 Year
 
-6.77%
 
5 Years
 
112.39%
 

LEN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 20
Full Ratings ➔

About lennar corp. - LEN

Lennar Corp. engages in the provision of real estate related financial and investment management services. It operates through the following segments: Homebuilding, Financial Services, Multifamily, and Lennar Other. The Homebuilding segment refers to the construction and sale of single-family attached and detached homes and the purchase, development, and sale of residential land directly and through entities. The Financial Services segment focuses on mortgage financing, title, and closing services for buyers. The Multifamily segment is involved in the development, construction, and property management of multifamily rental properties. The Lennar Other segment includes funds, asset management platform, and strategic investments in technology companies. The company was founded in 1954 and is headquartered in Miami, FL.

LEN At a Glance

Lennar Corp.
5505 Waterford District Drive
Miami, Florida 33126
Phone 1-305-559-4000 Revenue 35.44B
Industry Homebuilding Net Income 3.93B
Sector Consumer Durables 2024 Sales Growth 3.366%
Fiscal Year-end 11 / 2025 Employees N/A
View SEC Filings

LEN Valuation

P/E Current 9.891
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 12.187
Price to Sales Ratio 1.338
Price to Book Ratio N/A
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA N/A
Enterprise Value to Sales 1.275
Total Debt to Enterprise Value 0.05

LEN Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 33.651
Total Asset Turnover 0.88

LEN Liquidity

Current Ratio 4.71
Quick Ratio 1.06
Cash Ratio 0.865

LEN Profitability

Gross Margin 22.514
Operating Margin 13.684
Pretax Margin 14.63
Net Margin 11.096
Return on Assets 9.765
Return on Equity 14.444
Return on Total Capital 13.053
Return on Invested Capital 13.265

LEN Capital Structure

Total Debt to Total Equity 8.103
Total Debt to Total Capital 7.496
Total Debt to Total Assets 5.466
Long-Term Debt to Equity 8.103
Long-Term Debt to Total Capital 7.496
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Lennar Corp. - LEN

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
27.14B 33.71B 34.29B 35.44B
Sales Growth
+20.82% +24.20% +1.71% +3.37%
Cost of Goods Sold (COGS) incl D&A
19.80B 24.50B 26.06B 27.46B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
- 85.95M 87.08M 110.16M
Depreciation
- - - -
-
Amortization of Intangibles
- - - -
-
COGS Growth
+14.48% +23.78% +6.35% +5.38%
Gross Income
7.34B 9.20B 8.23B 7.98B
Gross Income Growth
+42.02% +25.33% -10.63% -3.00%
Gross Profit Margin
+27.06% +27.31% +23.99% +22.51%
2021 2022 2023 2024 5-year trend
SG&A Expense
2.25B 2.45B 2.81B 3.13B
Research & Development
- - - -
-
Other SG&A
2.25B 2.45B 2.81B 3.13B
SGA Growth
+9.70% +8.44% +14.74% +11.54%
Other Operating Expense
- - - -
-
Unusual Expense
(669.34M) 693.48M 104.23M (25.18M)
EBIT after Unusual Expense
5.76B 6.07B 5.32B 4.88B
Non Operating Income/Expense
80.19M (32.46M) (98.66M) 309.75M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
(5.17M) 35.59M (144.61M) 211.12M
Interest Expense
- 20.14M 19.13M 15.43M
Interest Expense Growth
- -10.08% -5.03% -19.31%
Gross Interest Expense
- 275.04M 230.83M 187.43M
Interest Capitalized
- 254.90M 211.70M 172.00M
Pretax Income
5.82B 6.01B 5.20B 5.18B
Pretax Income Growth
+86.28% +3.36% -13.50% -0.33%
Pretax Margin
+21.44% +17.84% +15.17% +14.63%
Income Tax
1.36B 1.37B 1.24B 1.22B
Income Tax - Current - Domestic
- 1.17B 1.61B 1.31B
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- 192.09M (246.65M) (67.97M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
(5.17M) 35.59M (144.61M) 211.12M
Other After Tax Income (Expense)
- (52.92M) (51.98M) (48.54M)
Consolidated Net Income
4.40B 4.60B 3.91B 3.97B
Minority Interest Expense
26.44M 34.38M 22.78M 35.12M
Net Income
4.38B 4.56B 3.89B 3.93B
Net Income Growth
+79.64% +4.23% -14.73% +1.09%
Net Margin Growth
+16.13% +13.53% +11.35% +11.10%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
4.38B 4.56B 3.89B 3.93B
Preferred Dividends
- - - -
-
Net Income Available to Common
4.38B 4.56B 3.89B 3.93B
EPS (Basic)
14.276 15.7411 13.73 14.4568
EPS (Basic) Growth
+81.28% +10.26% -12.78% +5.29%
Basic Shares Outstanding
306.61M 289.82M 283.32M 272.02M
EPS (Diluted)
14.2665 15.7241 13.73 14.31
EPS (Diluted) Growth
+81.83% +10.22% -12.68% +4.22%
Diluted Shares Outstanding
306.61M 289.82M 283.32M 272.02M
EBITDA
- 5.18B 6.85B 5.53B
EBITDA Growth
- +61.21% +32.29% -19.22%
EBITDA Margin
- +19.07% +20.31% +16.13%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 160.692
Number of Ratings 20 Current Quarters Estimate 1.797
FY Report Date 02 / 2025 Current Year's Estimate 12.714
Last Quarter’s Earnings 4.06 Median PE on CY Estimate N/A
Year Ago Earnings 14.31 Next Fiscal Year Estimate 15.448
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 16 16 16 15
Mean Estimate 1.80 2.87 12.71 15.45
High Estimates 2.54 3.81 15.15 18.25
Low Estimate 1.68 2.27 11.35 13.35
Coefficient of Variance 11.70 14.14 7.51 8.50

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 7 7
OVERWEIGHT 1 1 1
HOLD 14 13 12
UNDERWEIGHT 0 0 0
SELL 0 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Lennar Corp. - LEN

Date Name Shares Transaction Value
Jun 4, 2024 Teri Plummer McClure Director 27,647 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 4, 2024 Serena Wolfe Director 1,996 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 4, 2024 Dacona Smith Director 1,926 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 4, 2024 Amy L. Banse Director 12,831 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 23, 2024 Mark Sustana VP/General Counsel/Secretary 16,768 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $164.88 per share 2,764,707.84
May 17, 2024 Jeffrey J. McCall Executive Vice President 118,629 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $170.11 per share 20,179,979.19
Apr 12, 2024 Armando J. Olivera Director 18,329 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 12, 2024 Sherrill Wayne Hudson Director 34,712 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 12, 2024 Theron I. Gilliam Director 33,242 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 12, 2024 Jeffrey A. Sonnenfeld Director 41,189 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 12, 2024 Amy L. Banse Director 12,722 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 12, 2024 Sidney L. Lapidus Director 122,671 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 16, 2024 Jeffrey J. McCall Executive Vice President 140,115 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $153.87 per share 21,559,495.05
Feb 16, 2024 Jeffrey J. McCall Executive Vice President 138,778 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $153.87 per share 21,353,770.86
Feb 16, 2024 David M. Collins VP & Controller 42,166 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $153.87 per share 6,488,082.42
Feb 16, 2024 David M. Collins VP & Controller 40,925 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $153.87 per share 6,297,129.75
Feb 16, 2024 David M. Collins VP & Controller 39,636 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $153.87 per share 6,098,791.32

Lennar Corp. in the News