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.
Future Prospects | Analyst targets range from $95 to $170, reflecting varied outlooks on Lennar's ability to capitalize on potential market recovery and long-term housing demand. |
Operational Excellence | Learn how Lennar's focus on efficiency, reducing cycle times and construction costs, positions it to weather market headwinds and potentially outperform competitors. |
Corporate Maneuvers | Delve into Lennar's significant moves, including the Millrose Properties spin-off and Rauch Coleman Homes acquisition, reshaping its market presence and valuation. |
Market Dynamics | Explore Lennar's strategic response to softening demand and margin pressures in a challenging housing market, balancing production levels with profitability concerns. |
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 | 8.8x | 7.6x | 11.0x | |
PEG Ratio | −0.50 | 0.01 | 0.02 | |
Price / Book | 1.3x | 1.5x | 1.4x | |
Price / LTM Sales | 0.8x | 0.5x | 0.9x | |
Upside (Analyst Target) | 6.0% | 2.8% | 19.1% | |
Fair Value Upside | Unlock | 13.5% | 9.0% | Unlock |