Lennar Management
Management criteria checks 3/4
Lennar's CEO is Stuart Miller, appointed in Sep 2023, has a tenure of 1.83 years. total yearly compensation is $29.55M, comprised of 3.4% salary and 96.6% bonuses, including company stock and options. directly owns 9.22% of the company’s shares, worth $2.75B. The average tenure of the management team and the board of directors is 5.8 years and 11.3 years respectively.
Key information
Stuart Miller
Chief executive officer
US$29.5m
Total compensation
| CEO salary percentage | 3.38% |
| CEO tenure | 1.8yrs |
| CEO ownership | 9.2% |
| Management average tenure | 5.8yrs |
| Board average tenure | 11.3yrs |
Recent management updates
Recent updates
Lennar Corporation: Upgrade To Hold As Fundamentals Have Improved
Jul 12Lennar (NYSE:LEN) Has Affirmed Its Dividend Of $0.50
Jun 23
Is Now An Opportune Moment To Examine Lennar Corporation (NYSE:LEN)?
Jun 16Improved Earnings Required Before Lennar Corporation (NYSE:LEN) Shares Find Their Feet
May 26Lennar: Rating Downgrade As Various Indicators Point To Poor Earnings Outlook In 2025
Mar 26Lennar Q1 Earnings Preview: Caution About The Outlook Is Merited
Mar 10Lennar (NYSE:LEN) Will Pay A Dividend Of $0.50
Jan 20
The Future of Lennar and Homebuilding Faces Short Term Challenges with Potential for Long Term Growth
1y Price Target: $149.57, a 13.7% increase from 131.58, 10.5% below analysts’ 23.3% consensus because I believe earnings will grow from 2024’s $3.9B to $4B, with a slightly elevated PE ratio from todaEarnings Working Against Lennar Corporation's (NYSE:LEN) Share Price
Jan 16A Look At The Intrinsic Value Of Lennar Corporation (NYSE:LEN)
Jan 02Lennar: Weak Q4 Results Significantly Dampen The 2025 Outlook (Rating Downgrade)
Dec 19There's Been No Shortage Of Growth Recently For Lennar's (NYSE:LEN) Returns On Capital
Dec 15Is There Now An Opportunity In Lennar Corporation (NYSE:LEN)?
Nov 29Lennar: A Solid Investment With Its Land-Light Strategy
Nov 23Is Lennar (NYSE:LEN) Using Too Much Debt?
Nov 15Lennar Stock: Heading In The Right Direction, But Economic Uncertainties Remain
Oct 16
Asset-Light Shift And Tech Efficiency Boost Real Estate Giant's Growth Prospects
Transition to an asset-light model and strategic reductions in construction costs indicate potential for improved operational efficiency and higher profitability.Lennar Corporation (NYSE:LEN) Doing What It Can To Lift Shares
Sep 23Lennar Stock: A Sell After Disappointing Q3 Earnings And A Changing Environment?
Sep 22Lennar Q3 2024 Preview: Asset-Light Shift Boosts Outlook, But Valuation Is Stretched
Sep 13Calculating The Intrinsic Value Of Lennar Corporation (NYSE:LEN)
Sep 09Lennar: Further Upside As Mortgage Rates Begin Their Decline
Sep 02Lennar (NYSE:LEN) Is Looking To Continue Growing Its Returns On Capital
Aug 13Is Lennar's Future Built On Shifting Sands?
Jun 183 Reasons To Avoid Lennar Corporation Stock
Jun 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| May 31 2025 | n/a | n/a | US$3b |
| Feb 28 2025 | n/a | n/a | US$4b |
| Nov 30 2024 | US$30m | US$1m | US$4b |
| Aug 31 2024 | n/a | n/a | US$4b |
| May 31 2024 | n/a | n/a | US$4b |
| Feb 29 2024 | n/a | n/a | US$4b |
| Nov 30 2023 | US$34m | US$1m | US$4b |
| Aug 31 2023 | n/a | n/a | US$4b |
| May 31 2023 | n/a | n/a | US$4b |
| Feb 28 2023 | n/a | n/a | US$5b |
| Nov 30 2022 | US$35m | US$1m | US$5b |
| Aug 31 2022 | n/a | n/a | US$4b |
| May 31 2022 | n/a | n/a | US$4b |
| Feb 28 2022 | n/a | n/a | US$4b |
| Nov 30 2021 | US$39m | US$1m | US$4b |
| Aug 31 2021 | n/a | n/a | US$4b |
| May 31 2021 | n/a | n/a | US$3b |
| Feb 28 2021 | n/a | n/a | US$3b |
| Nov 30 2020 | US$25m | US$1m | US$2b |
| Aug 31 2020 | n/a | n/a | US$2b |
| May 31 2020 | n/a | n/a | US$2b |
| Feb 29 2020 | n/a | n/a | US$2b |
| Nov 30 2019 | US$21m | US$1m | US$2b |
| Aug 31 2019 | n/a | n/a | US$2b |
| May 31 2019 | n/a | n/a | US$2b |
| Feb 28 2019 | n/a | n/a | US$2b |
| Nov 30 2018 | US$20m | US$1m | US$2b |
Compensation vs Market: Stuart's total compensation ($USD29.55M) is above average for companies of similar size in the US market ($USD13.75M).
Compensation vs Earnings: Stuart's compensation has been consistent with company performance over the past year.
CEO
Stuart Miller (67 yo)
Mr. Stuart A. Miller serves as Executive Chairman at Five Point Holdings, LLC since October 1, 2021. He had been Director at Doma Holdings Inc. since January 2019 until 2024. Mr. Miller serves as Director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Executive Chairman | 1.8yrs | US$29.55m | 9.22% $ 2.8b | |
| Co-CEO, President & Director | 4.7yrs | US$25.09m | 0.45% $ 134.2m | |
| CFO & VP | 7.3yrs | US$7.06m | 0.12% $ 36.7m | |
| VP, General Counsel & Secretary | 20.3yrs | US$3.47m | 0.011% $ 3.3m | |
| VP & Controller | 17.4yrs | US$2.24m | 0.018% $ 5.5m | |
| Chief Operating Officer | no data | no data | no data | |
| Chief HR Officer | 2.3yrs | no data | no data | |
| President of Pennsylvania & Delaware Markets | 5.8yrs | no data | no data | |
| President of New Jersey & New York Markets | 5.8yrs | no data | no data | |
| Regional President | no data | no data | no data | |
| Regional President | no data | no data | no data | |
| Regional President | 3.5yrs | no data | no data |
Experienced Management: LEN's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Executive Chairman | 35.3yrs | US$29.55m | 9.22% $ 2.8b | |
| Co-CEO, President & Director | 7.3yrs | US$25.09m | 0.45% $ 134.2m | |
| Independent Director | 17.5yrs | US$440.73k | 0.016% $ 4.8m | |
| Independent Director | 19.8yrs | US$424.01k | 0.0098% $ 2.9m | |
| Independent Lead Director | 10.5yrs | US$412.43k | 0.0076% $ 2.3m | |
| Independent Director | 4.4yrs | US$300.00k | 0.0057% $ 1.7m | |
| Independent Director | 12.1yrs | US$345.52k | 0.011% $ 3.4m | |
| Independent Director | 15.1yrs | US$391.70k | 0.013% $ 4.0m | |
| Independent Director | 1.8yrs | US$290.00k | 0.0014% $ 424.0k | |
| Independent Director | 1.8yrs | US$300.00k | 0.0014% $ 432.9k |
Experienced Board: LEN's board of directors are seasoned and experienced ( 11.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/30 10:57 |
| End of Day Share Price | 2025/07/30 00:00 |
| Earnings | 2025/05/31 |
| Annual Earnings | 2024/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Lennar Corporation is covered by 43 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Stephen Kim | Barclays |
| Matthew Bouley | Barclays |