Lennar Management
Management criteria checks 3/4
Lennar's CEO is Stuart Miller, appointed in Sep 2023, has a tenure of 1.25 years. total yearly compensation is $34.28M, comprised of 2.9% salary and 97.1% bonuses, including company stock and options. directly owns 8.62% of the company’s shares, worth $3.22B. The average tenure of the management team and the board of directors is 5.2 years and 11.5 years respectively.
Key information
Stuart Miller
Chief executive officer
US$34.3m
Total compensation
| CEO salary percentage | 2.9% |
| CEO tenure | 1.3yrs |
| CEO ownership | 8.6% |
| Management average tenure | 5.2yrs |
| Board average tenure | 11.5yrs |
Recent management updates
Recent updates
Lennar: 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 15
Is 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 16Lennar 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 13Lennar (NYSE:LEN) Seems To Use Debt Quite Sensibly
Jul 30Is Now The Time To Look At Buying Lennar Corporation (NYSE:LEN)?
Jul 16Results: Lennar Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Jun 21Is Lennar's Future Built On Shifting Sands?
Jun 183 Reasons To Avoid Lennar Corporation Stock
Jun 10Is Lennar Corporation (NYSE:LEN) Trading At A 24% Discount?
Jun 10A Piece Of The Puzzle Missing From Lennar Corporation's (NYSE:LEN) Share Price
May 27These 4 Measures Indicate That Lennar (NYSE:LEN) Is Using Debt Reasonably Well
Apr 30The Return Trends At Lennar (NYSE:LEN) Look Promising
Apr 17Lennar Corporation: Rating Downgrade As Upside Looks Priced In Already
Apr 03Is Now An Opportune Moment To Examine Lennar Corporation (NYSE:LEN)?
Mar 25Lennar: Q1 Results, Encouraging Despite The Revenue Miss
Mar 14Lennar: Mortgage Rates Tick Up, Consumers Coming Under Pressure
Feb 22Lennar Corporation's (NYSE:LEN) Shares Not Telling The Full Story
Feb 13These 4 Measures Indicate That Lennar (NYSE:LEN) Is Using Debt Reasonably Well
Jan 31Lennar (NYSE:LEN) Has Announced That It Will Be Increasing Its Dividend To $0.50
Jan 13Estimating The Intrinsic Value Of Lennar Corporation (NYSE:LEN)
Jan 08Lennar Q4 Earnings: What To Expect Amid The Stock Rally
Dec 11Lennar: Too Risky To Commit Capital In This Sector
Nov 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 30 2024 | n/a | n/a | 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$2b |
Compensation vs Market: Stuart's total compensation ($USD34.28M) is above average for companies of similar size in the US market ($USD12.86M).
Compensation vs Earnings: Stuart's compensation has been consistent with company performance over the past year.
CEO
Stuart Miller (66 yo)
1.3yrs
Tenure
US$34,284,913
Compensation
Mr. Stuart A. Miller serves as Executive Chairman at Five Point Holdings, LLC since September 30, 2021. He has been Director at Doma Holdings Inc. since January 2019. Mr. Miller serves as Director at State...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Executive Chairman | 1.3yrs | US$34.28m | 8.62% $ 3.2b | |
| Co-CEO, President & Director | 4.1yrs | US$29.14m | 0.40% $ 149.1m | |
| CFO, VP & Treasurer | 6.7yrs | US$7.00m | 0.11% $ 40.5m | |
| VP, General Counsel & Secretary | 19.7yrs | US$3.29m | 0.0075% $ 2.8m | |
| VP & Controller | 16.8yrs | US$2.19m | 0.016% $ 6.0m | |
| Chief Operating Officer | no data | no data | no data | |
| Chief Technology Officer | 1.9yrs | no data | no data | |
| Chief HR Officer | 1.7yrs | no data | no data | |
| President of Pennsylvania & Delaware Markets | 5.2yrs | no data | no data | |
| President of New Jersey & New York Markets | 5.2yrs | no data | no data | |
| Regional President | no data | no data | no data | |
| Regional President | no data | no data | no data |
5.2yrs
Average Tenure
63yo
Average Age
Experienced Management: LEN's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Executive Chairman | 34.7yrs | US$34.28m | 8.62% $ 3.2b | |
| Co-CEO, President & Director | 6.7yrs | US$29.14m | 0.40% $ 149.1m | |
| Independent Lead Director | 27.7yrs | US$436.67k | 0.068% $ 25.5m | |
| Independent Director | 16.9yrs | US$408.33k | 0.015% $ 5.6m | |
| Independent Director | 19.3yrs | US$395.79k | 0.0089% $ 3.3m | |
| Independent Director | 9.9yrs | US$342.40k | 0.0068% $ 2.5m | |
| Independent Director | 3.8yrs | US$299.90k | 0.0049% $ 1.8m | |
| Independent Director | 11.5yrs | US$335.42k | 0.010% $ 3.9m | |
| Independent Director | 14.5yrs | US$371.15k | 0.012% $ 4.6m | |
| Independent Director | 1.3yrs | US$109.62k | 0.00078% $ 291.7k | |
| Independent Director | 1.3yrs | US$116.99k | 0.00081% $ 302.9k |
11.5yrs
Average Tenure
66yo
Average Age
Experienced Board: LEN's board of directors are seasoned and experienced ( 11.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:03 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/11/30 |
| 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 |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Lennar Corporation is covered by 46 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 |
| Ishan Majumdar | Baptista Research |
| Matthew Bouley | Barclays |