LEN - NYSE
Lennar Corporation
$89.46
-1.6%Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
At a Glance
Live SnapshotLennar Corporation Fair Value Envelope
Owner Earnings Valuation Tool
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Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $108.4M | $54.2M | $27.1M | $13.6M | $6.8M | $3.4M | $1.7M | $846.9K | $423.5K | $211.7K |
| Maintenance CapEx | -$18.9M | -$9.4M | -$4.7M | -$2.4M | -$1.2M | -$589.5K | -$294.7K | -$147.4K | -$73.7K | -$36.8K |
| Owner Earnings | $89.5M | $44.8M | $22.4M | $11.2M | $5.6M | $2.8M | $1.4M | $699.6K | $349.8K | $174.9K |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $82.9M | $38.4M | $17.8M | $8.2M | $3.8M | $1.8M | $816.4K | $377.9K | $175.0K | $81.0K |
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