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. The company was founded in 1954 and is based in Miami, Florida.
Strategic Shift | Explore Lennar's transition to an asset-light model and the Millrose Properties spin-off, aimed at unlocking value and optimizing capital allocation |
Financial Resilience | Delve into Lennar's robust financial health, with strong cash flows and profitability metrics, despite facing margin pressures in a shifting market |
Market Dynamics | Learn how Lennar navigates housing market challenges, balancing volume and margin strategies amid rising interest rates and affordability concerns |
Future Prospects | Analyst price targets range from $110 to $200, reflecting varied views on Lennar's ability to capitalize on long-term housing undersupply and strategic initiatives |
Metrics to compare | LEN | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipLENPeersSector | |
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P/E Ratio | 8.0x | 16.2x | 10.8x | |
PEG Ratio | −2.21 | −0.12 | 0.02 | |
Price/Book | 1.3x | 1.5x | 1.4x | |
Price / LTM Sales | 0.8x | 0.7x | 0.9x | |
Upside (Analyst Target) | 14.8% | −1.2% | 20.4% | |
Fair Value Upside | Unlock | 7.8% | 10.1% | Unlock |