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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$125.17 - $193.80
Previous Close$169.17
Volume1.82M
Average Volume (3M)1.85M
Market Cap
$45.60B
Enterprise Value$45.75B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)11.2
Beta1.10
Next Earnings
Dec 11, 2024EPS Estimate
$4.23Last Dividend Ex-Date
Oct 09, 2024Dividend Yield1.19%
Share Statistics
EPS (TTM)15.10
Shares Outstanding271,244,847
10 Day Avg. Volume1,597,254
30 Day Avg. Volume1,847,580
Standard Deviation0.12
R-Squared0.53
Alpha0.00625
Financial Highlights & Ratios
Price to Book (P/B)1.67
Price to Sales (P/S)1.26
Price to Cash Flow (P/CF)14.00
P/FCF Ratio14.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.25
Enterprise Value/Gross Profit7.70
Enterprise Value/Ebitda3.50
Forecast
1Y Price Target
$197.29Price Target Upside16.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Lennar News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceLEN reported 3Q adj. EPS of $3.90 excluding mark-to-market adjustments for public proptech investments and one-time multi-family transactions, beating our $3.71 est (consensus $3.64).
Market ExpansionLEN acquires Rausch Coleman Homes, expanding into new markets in Arkansas, Oklahoma, Alabama, Kansas, and Missouri.
Strategic InitiativesLennar plans to structure its land spin-off as a REIT that would create a permanent off-balance sheet capital base providing Lennar with finished lots.
Bears Say
Financial PerformanceLennar's lower return on equity compared to other builders is a reason for maintaining a Neutral rating, suggesting more potential upside in other homebuilder stocks with higher returns.
Market ValuationGiven the stock trades at 1.9x forward TBV, the high-end of its 10-year range, much of the positive outlook is already reflected in the current valuation.
Profitability ConcernsLEN expects F4Q gross margin of 22.5% or flat QoQ, which is worse than normal seasonality and roughly 200bps below the prior implied 4Q guidance.
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Ownership Overview
10.59% Insiders
27.13% Mutual Funds
24.04% Other Institutional Investors
11.97% 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 $125.17 and its highest was $193.80 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 Dec 11, 2024 which is in 17 days.
How were Lennar’s earnings last quarter?
Lennar released its earnings results on Sep 19, 2024. The company reported $4.26 earnings per share for the quarter, beating the consensus estimate of $3.649 by $0.611.
Is Lennar overvalued?
According to Wall Street analysts Lennar’s price is currently Undervalued.
Does Lennar pay dividends?
Lennar pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 1.19%. See more information on Lennar dividends here
What is Lennar’s EPS estimate?
Lennar’s EPS estimate is $4.23.
How many shares outstanding does Lennar have?
Lennar has 238,807,130 shares outstanding.
What happened to Lennar’s price movement after its last earnings report?
Lennar reported an EPS of $4.26 in its last earnings report, beating expectations of $3.649. Following the earnings report the stock price went down -5.33%.
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 2B.
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Lennar Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$197.29 (16.62% Upside)
$197.29 (16.62% Upside)
Blogger Sentiment
Bullish
LEN Sentiment 80%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 813.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
34.46%
12-Months-Change
Fundamentals
Return on Equity
15.65%
Trailing 12-Months
Asset Growth
6.15%
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
Q3 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
$197.29
▲(16.62% Upside)
Technical Analysis
Best Analysts Covering LEN
1 Year
1 Year Success Rate
18/21 ratings generated profit
1 Year Average Return
+32.57%
reiterated a buy rating 2 months ago
Copying Matthew Bouley's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +32.57% per trade.
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