lennar corp. - LEN

LEN

Close Chg Chg %
117.85 0.10 0.08%

Pre-Market

117.94

+0.10 (0.08%)

Volume: 1.84M

Last Updated:

Mar 27, 2025, 3:59 PM EDT

Company Overview: lennar corp. - LEN

LEN Key Data

Open

$117.60

Day Range

116.95 - 119.59

52 Week Range

111.26 - 193.80

Market Cap

$31.16B

Shares Outstanding

264.35M

Public Float

229.04M

Beta

1.71

Rev. Per Employee

N/A

P/E Ratio

8.57

EPS

$13.75

Yield

169.87%

Dividend

$0.50

EX-DIVIDEND DATE

Jan 29, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

3.34M

 

LEN Performance

1 Week
 
2.30%
 
1 Month
 
-1.47%
 
3 Months
 
-14.08%
 
1 Year
 
-31.46%
 
5 Years
 
192.77%
 

LEN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 21
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 35.48B
Industry Homebuilding Net Income 3.89B
Sector Consumer Durables 2024 Sales Growth 3.467%
Fiscal Year-end 11 / 2025 Employees 13,265
View SEC Filings

LEN Valuation

P/E Current 8.573
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 12.183
Price to Sales Ratio 1.337
Price to Book Ratio 1.678
Price to Cash Flow Ratio 18.006
Enterprise Value to EBITDA 9.564
Enterprise Value to Sales 1.327
Total Debt to Enterprise Value 0.095

LEN Efficiency

Revenue/Employee 2,674,456.691
Income Per Employee 293,532.605
Receivables Turnover 21.468
Total Asset Turnover 0.881

LEN Liquidity

Current Ratio 3.441
Quick Ratio 0.848
Cash Ratio 0.635

LEN Profitability

Gross Margin 22.591
Operating Margin 13.544
Pretax Margin 14.615
Net Margin 10.975
Return on Assets 9.668
Return on Equity 14.302
Return on Total Capital 12.047
Return on Invested Capital 13.187

LEN Capital Structure

Total Debt to Total Equity 15.972
Total Debt to Total Capital 13.772
Total Debt to Total Assets 10.775
Long-Term Debt to Equity 7.249
Long-Term Debt to Total Capital 6.25
  • 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 35.48B
Sales Growth
+20.82% +24.20% +1.72% +3.47%
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 115.53M
Depreciation
- - - -
-
Amortization of Intangibles
- - - -
-
COGS Growth
+14.48% +23.78% +6.35% +5.38%
Gross Income
7.34B 9.20B 8.23B 8.01B
Gross Income Growth
+42.02% +25.33% -10.63% -2.58%
Gross Profit Margin
+27.06% +27.31% +23.99% +22.59%
2021 2022 2023 2024 5-year trend
SG&A Expense
2.25B 2.45B 2.81B 3.21B
Research & Development
- - - -
-
Other SG&A
2.25B 2.45B 2.81B 3.21B
SGA Growth
+9.70% +8.44% +14.74% +14.40%
Other Operating Expense
- - - -
-
Unusual Expense
(669.34M) 693.62M 104.76M 10.04M
EBIT after Unusual Expense
5.76B 6.07B 5.32B 4.79B
Non Operating Income/Expense
80.19M (32.46M) (98.66M) 408.74M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
(5.17M) 35.59M (144.61M) 164.10M
Interest Expense
20.14M 19.13M 15.43M 18.77M
Interest Expense Growth
-10.08% -5.03% -19.31% +21.62%
Gross Interest Expense
275.04M 230.83M 187.43M 129.27M
Interest Capitalized
254.90M 211.70M 172.00M 110.50M
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% +14.61%
Income Tax
1.36B 1.37B 1.24B 1.22B
Income Tax - Current - Domestic
1.17B 1.61B 1.31B 1.16B
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
192.09M (246.65M) (67.97M) 60.43M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
(5.17M) 35.59M (144.61M) 164.10M
Other After Tax Income (Expense)
(52.92M) (51.98M) (48.54M) (38.82M)
Consolidated Net Income
4.40B 4.60B 3.91B 3.93B
Minority Interest Expense
26.44M 34.38M 22.78M 35.12M
Net Income
4.38B 4.56B 3.89B 3.89B
Net Income Growth
+79.64% +4.23% -14.73% +0.10%
Net Margin Growth
+16.13% +13.53% +11.35% +10.98%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
4.38B 4.56B 3.89B 3.89B
Preferred Dividends
- - - -
-
Net Income Available to Common
4.38B 4.56B 3.89B 3.89B
EPS (Basic)
14.276 15.7411 13.73 14.3141
EPS (Basic) Growth
+81.28% +10.26% -12.78% +4.25%
Basic Shares Outstanding
306.61M 289.82M 283.32M 272.02M
EPS (Diluted)
14.2665 15.7241 13.73 14.3141
EPS (Diluted) Growth
+81.83% +10.22% -12.68% +4.25%
Diluted Shares Outstanding
306.61M 289.82M 283.32M 272.02M
EBITDA
5.18B 6.85B 5.53B 4.92B
EBITDA Growth
+61.21% +32.29% -19.21% -11.04%
EBITDA Margin
+19.07% +20.31% +16.13% +13.87%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 133.241
Number of Ratings 21 Current Quarters Estimate 1.999
FY Report Date 05 / 2025 Current Year's Estimate 10.15
Last Quarter’s Earnings 1.96 Median PE on CY Estimate N/A
Year Ago Earnings 13.751 Next Fiscal Year Estimate 11.935
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 16 16 17 17
Mean Estimate 2.00 2.84 10.15 11.93
High Estimates 2.33 3.56 12.25 15.25
Low Estimate 1.90 2.47 9.43 9.15
Coefficient of Variance 5.26 10.83 6.50 11.17

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 5 7
OVERWEIGHT 1 1 1
HOLD 15 14 13
UNDERWEIGHT 0 0 0
SELL 0 0 1
MEAN Overweight Overweight Overweight

Insider Actions for Lennar Corp. - LEN

Date Name Shares Transaction Value
Feb 20, 2025 David M. Collins VP & Controller 45,997 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 $123.84 per share 5,696,268.48
Feb 20, 2025 David M. Collins VP & Controller 44,778 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 $123.84 per share 5,545,307.52
Feb 20, 2025 David M. Collins VP & Controller 43,943 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 $123.84 per share 5,441,901.12
Feb 17, 2025 Stuart A. Miller Executive Chairman & Co-CEO; Director 1,578,087 Bona fide gift 0.00
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 Amy L. Banse Director 12,831 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 Serena Wolfe Director 1,996 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 Sidney L. Lapidus Director 122,671 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 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 Amy L. Banse Director 12,722 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Lennar Corp. in the News

Pending home sales slump

Contract signings for home sales fell in January with inventory at a record low.