Lennar (LEN)

On 12 Nov 2026 Lennar closed at $83.58, -16.9% this year; market cap $19.87bn, P/E 15.2.

About

Consumer Discretionary · Homebuilding · NYSE · United States

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.

Key figures

Market cap$19.87bn
P/E (trailing)15.2
EPS (TTM)$5.52
Beta1.38
Dividend$2.00
Dividend yield2.39%
Ex-dividend date7 Oct 2026
Latest report16 Sep 2026
Next earnings15 Dec 2026

Performance

YTD-16.9%
1Y-31.2%
3Y-9.4%
5Y-2.8%

Financials

YearRevenueNet incomeFree cash flow
2025$34.19bn$2.08bn$28.18m
2024$35.44bn$3.93bn$2.23bn
2023$34.23bn$3.94bn$5.08bn
2022$33.67bn$4.61bn$3.21bn
2021$27.13bn$4.43bn$2.47bn

Valuation

We publish no single base value for Lennar. Our valuation methods put it between $25.68 and $26.41 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate. See every method

Options

Call and put prices: our price for each next to the market's.

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Data as of 12 Nov 2026. Not investment advice.