L1EN34 Stock Overview
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$360.07|
|52 Week High||US$661.02|
|52 Week Low||US$360.07|
|1 Month Change||-17.78%|
|3 Month Change||-32.05%|
|1 Year Change||-35.24%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||60.85%|
Recent News & Updates
|L1EN34||BR Consumer Durables||BR Market|
Return vs Industry: L1EN34 exceeded the BR Consumer Durables industry which returned -42.2% over the past year.
Return vs Market: L1EN34 underperformed the BR Market which returned -14.6% over the past year.
|L1EN34 Average Weekly Movement||n/a|
|Consumer Durables Industry Average Movement||6.8%|
|Market Average Movement||6.1%|
|10% most volatile stocks in BR Market||9.1%|
|10% least volatile stocks in BR Market||2.8%|
Stable Share Price: Insufficient data to determine L1EN34's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine L1EN34's volatility change over the past year.
About the Company
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.
Lennar Fundamentals Summary
|L1EN34 fundamental statistics|
Is L1EN34 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|L1EN34 income statement (TTM)|
|Cost of Revenue||US$20.03b|
Last Reported Earnings
Feb 28, 2022
Next Earnings Date
|Earnings per share (EPS)||13.15|
|Net Profit Margin||13.88%|
How did L1EN34 perform over the long term?See historical performance and comparison
1.9%Current Dividend Yield
Does L1EN34 pay a reliable dividends?See L1EN34 dividend history and benchmarks
|Lennar dividend dates|
|Ex Dividend Date||Apr 25 2022|
|Dividend Pay Date||May 16 2022|
|Days until Ex dividend||0 days|
|Days until Dividend pay date||21 days|
Does L1EN34 pay a reliable dividends?See L1EN34 dividend history and benchmarks
Is Lennar undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: L1EN34 (R$360.07) is trading above our estimate of fair value (R$333.83)
Significantly Below Fair Value: L1EN34 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: L1EN34 is good value based on its PE Ratio (5.9x) compared to the BR Consumer Durables industry average (7.2x).
PE vs Market: L1EN34 is good value based on its PE Ratio (5.9x) compared to the BR market (10x).
Price to Earnings Growth Ratio
PEG Ratio: L1EN34 is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: L1EN34 is overvalued based on its PB Ratio (1.1x) compared to the BR Consumer Durables industry average (0.8x).
How is Lennar forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: L1EN34's forecast earnings growth (6.1% per year) is below the savings rate (9.1%).
Earnings vs Market: L1EN34's earnings (6.1% per year) are forecast to grow faster than the BR market (5.1% per year).
High Growth Earnings: L1EN34's earnings are forecast to grow, but not significantly.
Revenue vs Market: L1EN34's revenue (5.2% per year) is forecast to grow slower than the BR market (7.5% per year).
High Growth Revenue: L1EN34's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: L1EN34's Return on Equity is forecast to be low in 3 years time (19.5%).
How has Lennar performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: L1EN34 has high quality earnings.
Growing Profit Margin: L1EN34's current net profit margins (13.9%) are higher than last year (13%).
Past Earnings Growth Analysis
Earnings Trend: L1EN34's earnings have grown significantly by 33.8% per year over the past 5 years.
Accelerating Growth: L1EN34's earnings growth over the past year (28.2%) is below its 5-year average (33.8% per year).
Earnings vs Industry: L1EN34 earnings growth over the past year (28.2%) underperformed the Consumer Durables industry 37.6%.
Return on Equity
High ROE: L1EN34's Return on Equity (18.9%) is considered low.
How is Lennar's financial position?
Financial Position Analysis
Short Term Liabilities: L1EN34's short term assets ($24.7B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: L1EN34's short term assets ($24.7B) exceed its long term liabilities ($9.5B).
Debt to Equity History and Analysis
Debt Level: L1EN34's net debt to equity ratio (21.3%) is considered satisfactory.
Reducing Debt: L1EN34's debt to equity ratio has reduced from 96% to 28.1% over the past 5 years.
Debt Coverage: L1EN34's debt is well covered by operating cash flow (35.4%).
Interest Coverage: L1EN34's interest payments on its debt are well covered by EBIT (292.9x coverage).
What is Lennar current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: L1EN34's dividend (1.95%) is higher than the bottom 25% of dividend payers in the BR market (1.35%).
High Dividend: L1EN34's dividend (1.95%) is low compared to the top 25% of dividend payers in the BR market (6.41%).
Stability and Growth of Payments
Stable Dividend: L1EN34's dividends per share have been stable in the past 10 years.
Growing Dividend: L1EN34's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.8%), L1EN34's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22%), L1EN34's dividend payments are well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jon Jaffe (61 yo)
Mr. Jonathan M. Jaffe, also known as Jon, has been the Co-Chief Executive Officer and Co-President of Lennar Corporation since November 2020. He has been a Director of Lennar Corporation since April 12, 20...
CEO Compensation Analysis
Compensation vs Market: Jon's total compensation ($USD34.05M) is above average for companies of similar size in the BR market ($USD6.34M).
Compensation vs Earnings: Jon's compensation has increased by more than 20% in the past year.
Experienced Management: L1EN34's management team is considered experienced (3.6 years average tenure).
Experienced Board: L1EN34's board of directors are seasoned and experienced ( 10.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lennar Corporation's employee growth, exchange listings and data sources
- Name: Lennar Corporation
- Ticker: L1EN34
- Exchange: BOVESPA
- Founded: 1954
- Industry: Homebuilding
- Sector: Consumer Durables
- Implied Market Cap: US$22.328b
- Listing Market Cap: US$106.221b
- Shares outstanding: 295.49m
- Website: https://www.lennar.com
Number of Employees
- Lennar Corporation
- 700 Northwest 107th Avenue
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/04/24 00:00|
|End of Day Share Price||2022/04/08 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.