Lennar Corporation Class A (LEN)

Currency in USD
73.53
-1.39(-1.86%)
Closed·
73.25-0.28(-0.38%)
·
Trading near 52-week Low
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Fair Value
Day's Range
71.7874.10
52 wk Range
71.78133.76
Key Statistics
Prev. Close
74.92
Open
73.5
Day's Range
71.78-74.1
52 wk Range
71.78-133.76
Volume
4.84M
Average Vol. (3m)
3.82M
1-Year Change
-39.9461%
Book Value / Share
89.50
Fair Value
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Fair Value Upside
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LEN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
77.87
Upside
+5.90%
Members' Sentiments
Bearish
Bullish
ProTips
10 analysts have revised their earnings downwards for the upcoming period

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Analyst Ratings

2 Buy
9 Hold
10 Sell
Ratings:
21 analysts
Overall Consensus
Sell

Analysts 12-Month Price Target:

Average 77.87
(+5.90% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Wells Fargo
Hold75.00+2.00%80.00MaintainOct 07, 2026
Melius
Sell72.00-2.08%-New CoverageOct 06, 2026
Morgan Stanley
Sell65.00-11.60%-New CoverageOct 01, 2026
Keefe, Bruyette & Woods
Sell75.00+2.00%85.00MaintainSep 22, 2026
Raymond James
Sell---MaintainSep 21, 2026

Lennar Corporation Class A SWOT Analysis


Valuation Disconnect
Despite trading at a premium 1.5x forward tangible book versus peers at 1.4x, projected ROE of 7.9% raises questions about justified multiples
Analyst Outlook
Price targets range from $88 to $96, with widespread downgrades reflecting concerns over execution risk and deteriorating returns on equity
Strategic Gamble
The homebuilder transitions to a fully optioned land bank model, prioritizing volume over margins while navigating significant C-Suite departures
Margin Crisis Unfolds
Lennar's gross margins plummet to 15-16%, the lowest since 2009, as strategic pivot to optioned land pressures profitability amid rising costs
Read full SWOT analysis

Lennar Corporation Class A Earnings Call Summary for Q3/2026

  • Lennar missed Q3 estimates with EPS of $1.19 vs $1.29 expected and revenue of $8.05B vs $8.31B amid softer housing demand and resale competition.
  • New orders fell to 20,879 homes from 23,000 year-ago, below guidance, as mortgage rates near 7% strained affordability for entry-level buyers.
  • Gross margin improved to 15.8% from 15.6% prior quarter, but SG&A rose to 9.2%, above the 8.8%-9.0% target range, pressuring profitability.
  • Q4 guidance projects 22,000-23,000 deliveries, 19,500-20,500 orders, and adjusted EPS of $1.30-$1.65 with gross margin of 15.5%-16.0%.
  • Management emphasized operational discipline and land repricing strategy while continuing capital returns through buybacks and dividends despite market headwinds.
Last Updated: 09/17/2026, 02:36 PM
Read Full Transcript

Earnings

Latest Release
Sep 16, 2026
EPS / Forecast
1.19 / 1.29
Revenue / Forecast
8.05B / 8.31B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 5.31%
Dividend Yield
2.67%
Industry Median 2.12%
Annualized Payout
2.00
Paid quarterly
5-Years Growth
+14.87%
Growth Streak

LEN Income Statement

Compare LEN to Peers and Sector

Metrics to compare
LEN
Peers
Sector
Relationship
P/E Ratio
13.5x10.4x9.7x
PEG Ratio
−0.29−0.240.02
Price / Book
0.8x1.6x1.4x
Price / LTM Sales
0.5x0.8x0.9x
Upside (Analyst Target)
3.9%9.7%33.2%
Fair Value Upside
Unlock15.0%13.2%Unlock

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 South Central, 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 originating and selling securitization commercial mortgage loans. In addition, the company is involved in fund investment activities. It primarily serves first-time, move-up, active adult, and luxury homebuyers. The company was founded in 1954 and is based in Miami, Florida.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
95.63M40.20%7.14B
Other Institutional Investors
144.76M59.80%10.81B
Public Companies & Retail Investors
0.000.00%0.00
Total
240.39M100.00%17.95B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Berkshire Hathaway Inc.9.04%21,516,0731,606,175
BlackRock, Inc.7.85%18,674,1281,394,024

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FAQ

What Is the Lennar A (LEN) Stock Price Today?

The Lennar A stock price today is 73.53 USD.

What Stock Exchange Does Lennar A Trade On?

Lennar A is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Lennar A?

The stock symbol for Lennar A is "LEN."

Does Lennar A Pay Dividends? What’s The Current Dividend Yield?

The Lennar A dividend yield is 2.67%.

What Is the Lennar A Market Cap?

As of today, Lennar A market cap is 17.81B USD.

What Is Lennar A's Earnings Per Share (TTM)?

The Lennar A EPS (TTM) is 5.31.

When Is the Next Lennar A Earnings Date?

Lennar A will release its next earnings report on Dec 16, 2026.

From a Technical Analysis Perspective, Is LEN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Lennar A Stock Split?

Lennar A has split 8 times.

How Many Employees Does Lennar A Have?

Lennar A has 12532 employees.

What is the current trading status of Lennar A (LEN)?

As of Oct 15, 2026, Lennar A (LEN) is trading at a price of 73.53 USD, with a previous close of 74.92 USD. The stock has fluctuated within a day range of 71.78 USD to 74.10 USD, while its 52-week range spans from 71.78 USD to 133.76 USD.

What Is Lennar A (LEN) Price Target According to Analysts?

The average 12-month price target for Lennar A is 77.87 USD, with a high estimate of 120 USD and a low estimate of 63 USD. 2 analysts recommend buying the stock, while 10 suggest selling, leading to an overall rating of Sell. The stock has an +5.90% Upside potential.

What Is the LEN Premarket Price?

LEN's last pre-market stock price is 73.50 USD. The pre-market share volume is 70,940.00, and the stock has decreased by -1.42, or -1.90%.

What Is the LEN After Hours Price?

LEN's last after hours stock price is 73.25 USD, the stock has decreased by -0.28, or -0.38%.
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