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Lennar Corp Class A LEN Stock Quote

| Rating as of

NYSE: LEN

Market Closed

| Currency in USD

  • Last Close 112.23
  • Sector Consumer Cyclical
  • Industry Residential Construction
  • Investment Style Mid Value
  • Day Range 111.80  –  116.58
  • Year Range 69.90  –  133.24
  • Market Cap 32.2575 Bil
  • Volume / Avg 1.9 Mil /  2.2 Mil
  • Price / Sales 0.96
  • Price / Book 1.24
  • Forward Div Yield 1.20%
  • Trailing Div Yield 1.34%

Morningstar‘s Stock Analysis LEN

Valuation
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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

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Economic Moat

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Capital Allocation

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Lennar Earnings: Pricing Actions Drive Strong New Order Growth; Margins Top Guidance

Brian Bernard Sector Director

Analyst Note

| Brian Bernard |

Lennar reported fiscal third-quarter financial results that exceeded management's guidance and our own expectations. With a limited supply of existing homes for sale, more prospective buyers are turning to new construction especially as Lennar and other homebuilders can improve affordability through a mix of sales incentives, base price reductions, and smaller floorplans and lots. Such pricing actions help explain Lennar's lower average selling price and gross profit margin compared with the year-ago quarter, but strong new order growth has returned, and Lennar's profit margin is still above the historical average.

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Key Statistics LEN

Company Profile LEN

Business Description

Based on the number of delivered homes, Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton. The company’s homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar’s financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.

Contact
5505 Blue Lagoon Drive
Miami, FL, 33126
Industry Residential Construction
Employees 12,012

Related Articles LEN

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of LEN’s competitive advantage.

Lennar Corp Class A

XNYS: LEN

D.R. Horton Inc

XNYS: DHI

Toll Brothers Inc

XNYS: TOL

Invitation Homes Inc

XNYS: INVH
Price
112.23107.4773.9631.69
Currency
USDUSDUSDUSD
Change
−$1.97 (1.73%) −$1.45 (1.33%) −$0.43 (0.58%) −$0.07 (0.22%)
Market Cap
32.26 Bil36.36 Bil7.95 Bil19.39 Bil
Industry
Residential Construction Residential Construction Residential Construction REIT - Residential
Sector
Consumer Cyclical
Consumer Cyclical
Consumer Cyclical
Real Estate

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Lennar Corp Class A Stock

Yes. LEN has a forward dividend yield of 1.34%. See LEN’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

LEN’s market cap is 32.26 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

LEN’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

LEN’s price/sales is 0.96.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

LEN’s price/forward earnings is 8.33.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

LEN’s price/book is 1.24.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See LEN’s valuation ratios compared to the Market Index.

LEN’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare LEN’s historical performance against its industry peers and the overall market.