Lennar Corp Class A

LEN: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Lennar's Margins Should Improve From the Currently Depressed Levels; Shares Are Cheap

Business Strategy and Outlook

Lennar is the second-largest homebuilder in the United States by number of homes delivered, following D.R. Horton. The company operates in 30 states and primarily constructs single-family homes. It caters to a diverse range of homebuyers, including first-time buyers, those looking to move up, active adults, and luxury buyers, and has recently introduced differentiated offerings such as Next Gen and Everything’s Included.

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