Lennar Corporation (LEN) Stock

About Lennar Corporation

Lennar Corporation, an influential homebuilder in the United States, operates primarily under its widely recognized Lennar brand, alongside its various subsidiaries. The company structures its diverse business initiatives across several distinct divisions: regional homebuilding segments (East, Central, Texas, and West), a Financial Services arm, a Multifamily property development unit, and a broader "Lennar Other" category. At the heart of its operations, Lennar is deeply involved in the creation and sale of single-family homes, encompassing both attached and detached designs. Its activities also span the acquisition, development, and subsequent sale of land designated for residential use, in addition to the comprehensive development, construction, and ongoing management of rental properties in the multifamily sector. Expanding beyond physical construction, Lennar provides essential services such as residential mortgage financing, title protection, and closing services for its clientele and other interested parties. It also actively originates and divests securitized commercial mortgage loans. Furthermore, the corporation participates in strategic fund investment endeavors. Lennar's extensive customer base primarily caters to first-time purchasers, individuals seeking to upgrade their homes, active adult communities, and the luxury housing market. This enterprise, founded in 1954, is officially based in Miami, Florida.

Lennar Corporation is led by CEO Stuart A. Miller, employs 12,532 people, headquartered in Miami, US, publicly traded since 1980.

Lennar Corporation (LEN) stock trades at $86.56 with a market capitalization of $21.49B. The stock is valued at a price-to-earnings (P/E) ratio of 14.07, price-to-book of 1.01, price-to-sales of 0.68. Over the past 52 weeks the stock has ranged between $80.52 and $144.24, and currently trades 40.0% below its 52-week high. It pays a dividend yielding 2.23%.

On profitability, Lennar Corporation generates a return on equity (ROE) of 7.37%, return on capital employed of 12.42%, an operating margin of 6.02%, a net profit margin of 4.94%.

In its most recent fiscal year, Lennar Corporation reported annual revenue of $34.2B, net profit of $2.1B, revenue has compounded at 8.7% a year over the last five years, profit at -3.4% a year.

The balance sheet shows a debt-to-equity ratio of 0.29 — a conservative balance sheet with little leverage risk, a current ratio of 3.12, total assets of $34.4B, $3.8B in cash and equivalents.

LEN has an average daily trading volume of 2,716,665 shares, a beta of 1.40 (more volatile than the overall market).

Official website: www.lennar.com