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Consumer Cyclical - Residential Construction - NYSE - US
$ 107.08
-3.56 %
$ 28.1 B
Market Cap
7.82
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one LEN stock under the worst case scenario is HIDDEN Compared to the current market price of 107 USD, Lennar Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one LEN stock under the base case scenario is HIDDEN Compared to the current market price of 107 USD, Lennar Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one LEN stock under the best case scenario is HIDDEN Compared to the current market price of 107 USD, Lennar Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart LEN

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$190.0$190.0$180.0$180.0$170.0$170.0$160.0$160.0$150.0$150.0$140.0$140.0$130.0$130.0$120.0$120.0$110.0$110.0$100.0$100.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
35.4 B REVENUE
3.53%
4.85 B OPERATING INCOME
-10.84%
3.97 B NET INCOME
0.16%
2.4 B OPERATING CASH FLOW
-53.60%
-303 M INVESTING CASH FLOW
-70.95%
-3.68 B FINANCING CASH FLOW
-13.36%
7.63 B REVENUE
-23.28%
714 M OPERATING INCOME
-48.51%
1.1 B NET INCOME
-7.36%
975 M OPERATING CASH FLOW
18.95%
-126 M INVESTING CASH FLOW
-128.35%
-170 M FINANCING CASH FLOW
67.83%
Balance Sheet Lennar Corporation
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Current Assets 29.1 B
Cash & Short-Term Investments 8.29 B
Receivables 1.05 B
Other Current Assets 19.7 B
Non-Current Assets 12.2 B
Long-Term Investments 1.34 B
PP&E 0
Other Non-Current Assets 10.9 B
20.06 %47.76 %3.26 %26.37 %Total Assets$41.3b
Current Liabilities 1.84 B
Accounts Payable 1.84 B
Short-Term Debt 0
Other Current Liabilities 0
Non-Current Liabilities 11.5 B
Long-Term Debt 2.26 B
Other Non-Current Liabilities 9.19 B
13.84 %16.99 %69.17 %Total Liabilities$13.3b
EFFICIENCY
Earnings Waterfall Lennar Corporation
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Revenue 35.4 B
Cost Of Revenue 29.9 B
Gross Profit 5.5 B
Operating Expenses 649 M
Operating Income 4.85 B
Other Expenses 882 M
Net Income 3.97 B
40b40b35b35b30b30b25b25b20b20b15b15b10b10b5b5b0035b(30b)5b(649m)5b(882m)4bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
15.52% GROSS MARGIN
15.52%
13.68% OPERATING MARGIN
13.68%
11.10% NET MARGIN
11.10%
14.11% ROE
14.11%
9.52% ROA
9.52%
9.40% ROIC
9.40%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Lennar Corporation
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6b6b5b5b4b4b3b3b2b2b1b1b00(1b)(1b)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 3.97 B
Depreciation & Amortization 116 M
Capital Expenditures -172 M
Stock-Based Compensation 177 M
Change in Working Capital -2 B
Others -1.88 B
Free Cash Flow 2.23 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Lennar Corporation
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Wall Street analysts predict an average 1-year price target for LEN of $183 , with forecasts ranging from a low of $110 to a high of $237 .
LEN Lowest Price Target Wall Street Target
110 USD 2.73%
LEN Average Price Target Wall Street Target
183 USD 71.12%
LEN Highest Price Target Wall Street Target
237 USD 121.33%
Price
Max Price Target
Min Price Target
Average Price Target
240240220220200200180180160160140140120120100100May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.5 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.5000002.5000002.0000002.0000001.5000001.5000001.0000001.0000000.5000000.5000000.0000000.0000000.1250.250.3750.3750.50.50.1250.250.3750.3750.50.1250.250.3750.3750.50.160.160.160.160.160.250.630.251.000.3751.500.3751.500.52.000.502015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
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6. Ownership
Insider Ownership Lennar Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Tariff Exemptions Lift Homebuilding Stocks: DHI, DFH, NVR, LEN, PHM Gains Homebuilding stocks got a much-needed boost after President Trump left Canadian lumber out of sweeping new tariffs. Here's what it means for housing investors. zacks.com - 1 week ago
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (April 2025) This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. The market is volatile with economic uncertainties, but investing consistently in solid dividend-paying stocks with reasonable valuations is a good idea. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. seekingalpha.com - 2 weeks ago
Dandelion Energy and Lennar Announce One of the Largest Residential Geothermal Deployments in US History The partnership establishes a framework for making geothermal heating and cooling the standard in new home construction. ARLINGTON, Va. prnewswire.com - 2 weeks ago
Another challenge may be brewing in the housing market, real estate expert warns Brown Harris Stevens real estate broker Lisa Lippman discusses the latest obstacles in the housing industry and whether the president's tariffs will impact buyers and sellers. youtube.com - 3 weeks ago
Lennar: Rating Downgrade As Various Indicators Point To Poor Earnings Outlook In 2025 Downgraded Lennar Corporation to a sell due to poor demand, deteriorating pricing power, and margin pressure, despite strong execution. The latest JPMorgan housing outlook confirms a negative US housing demand environment, with high mortgage rates and cautious consumers impacting affordability and transaction volumes. LEN's increased reliance on sales incentives and declining average selling prices indicate significant underlying demand deterioration and lack of pricing power. seekingalpha.com - 3 weeks ago
LEN Downgraded from Outperform: New Foundation for Stock? Lennar (LEN) posted earnings that caused its stock to slide to 52-week lows on Friday. Bearish action continued on the analyst front with Evercore ISI's downgrade to In Line from Outperform. youtube.com - 3 weeks ago
Certainly Uncertain US equity markets posted modest gains this week - snapping a four-week losing streak - as investors parsed commentary and updated forecasts from the Federal Reserve's policy meeting. Ahead of the looming April 2nd unveiling of reciprocal tariffs, investors were relieved by FOMC projections showing that 11-of-19 policy markets still expect at least two rate cuts this year. Disappointing retail sales data indicated that economic uncertainty is beginning to affect real-world consumer behavior. Housing market data was relatively solid, however, sparking an upward revision to the GDPNow forecast. seekingalpha.com - 3 weeks ago
Housing data recap, Super Micro Computer upgraded by JPMorgan, Lennar issues weak Q2 outlook Market Domination hosts Josh Lipton and Julie Hyman go over key insights from the trading day on March 21, 2025. First, they discuss Heathrow Airport's reopening after a nearby fire caused a power outage that disrupted travel earlier in the day. youtube.com - 4 weeks ago
Lennar Corporation (LEN) Q1 2025 Earnings Call Transcript Lennar Corporation (NYSE:LEN ) Q1 2025 Earnings Conference Call March 21, 2025 11:00 AM ET Company Participants David Collins - VP & Controller Stuart Miller - Executive Chairman & Co-CEO Jon Jaffe - President & Co-CEO Diane Bessette - CFO Fred Rothman - COO Conference Call Participants Stephen Kim - Evercore ISI Alan Ratner - Zelman & Associates John Lovallo - UBS Mike Rehaut - JP Morgan Susan Maklari - Goldman Sachs Ken Zener - Seaport Research Partners Operator Welcome to Lennar's First Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 4 weeks ago
Lennar Outperforms On Orders And Earnings, But Analysts Caution On Weaker Margins And Q2 Outlook Home construction company Lennar Corp LEN released its first-quarter results after Thursday's closing bell. benzinga.com - 4 weeks ago
Cramer's Mad Dash: Lennar Jim Cramers discusses why he's keeping an eye on shares of homebuilder Lennar. youtube.com - 4 weeks ago
Lennar Q1 Earnings & Revenues Beat, Stock Falls on Lower Order Value LEN's first-quarter fiscal 2025 report reflects strong demand but ongoing affordability challenges in a shifting housing market. zacks.com - 4 weeks ago
8. Profile Summary

Lennar Corporation LEN

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COUNTRY US
INDUSTRY Residential Construction
MARKET CAP $ 28.1 B
Dividend Yield 0.00%
Description 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.
Contact 700 Northwest 107th Avenue, Miami, FL, 33172 https://www.lennar.com
IPO Date March 17, 1980
Employees 13265
Officers Mr. Scott Spradley Chief Technology Officer Mr. David M. Collins Vice President & Controller Mr. Mark Sustana Esq. Vice President, General Counsel & Secretary Tench Tilghman President of Pennsylvania & Delaware Markets Mr. Stuart A. Miller Co-Chief Executive Officer & Executive Chairman Mr. Jonathan M. Jaffe Co-Chief Executive Officer, President & Director Mr. Fred B. Rothman Chief Operating Officer Ms. Diane J. Bessette Chief Financial Officer & Vice President Anthony Mignone President of New Jersey & New York Markets Mr. Drew Holler Chief HR Officer