Lennar (LEN) Stock Price

Lennar Price

NYSE·CLOSED
82.35USD-1.40 (-1.69 %)
Market closed

Revenue has compounded at 4.0% per year over the past 19 years to 34.19 B USD. Earnings per share have grown at 4.4% per year over the last 19 years. Lennar's net margin stands at 6.1%, down from 16.3% several years earlier. Lennar currently offers a dividend yield of about 2.43%. The payout ratio is around 24% of earnings. The dividend has grown at 6.2% per year over the past 19 years. Analysts set a median price target of 111.18 USD, implying 35.0% above the current price. Of 26 analysts, 3 rate the stock a buy — an overall Sell consensus.

Lennar stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Lennar over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Lennar stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Lennar's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Lennar Stock Price History
DateLennar Price
7/31/202682.35 USD
7/30/202683.75 USD
7/29/202685.97 USD
7/27/202686.18 USD
7/23/202682.13 USD
7/22/202682.15 USD
7/21/202681.84 USD
7/20/202682.90 USD
7/17/202683.89 USD
7/16/202686.40 USD
7/15/202685.29 USD
7/14/202683.71 USD
7/13/202683.48 USD
7/10/202684.27 USD
7/9/202684.35 USD
7/8/202684.61 USD
7/7/202686.74 USD
7/6/202686.20 USD
7/2/202688.21 USD
7/1/202687.06 USD
6/30/202690.49 USD
6/29/202691.21 USD
6/26/202693.52 USD
6/25/202693.86 USD
6/24/202692.95 USD
6/23/202687.35 USD
6/22/202688.44 USD
6/18/202690.64 USD
6/17/202691.54 USD
6/16/202689.47 USD
6/15/202691.68 USD
6/12/202691.58 USD
6/11/202691.08 USD
6/10/202690.59 USD
6/9/202692.56 USD
6/8/202690.74 USD
6/5/202691.75 USD
6/4/202691.14 USD
6/3/202689.42 USD
6/2/202690.16 USD
6/1/202689.90 USD
5/29/202690.88 USD
5/28/202690.08 USD
5/27/202691.42 USD
5/26/202688.96 USD
5/22/202687.48 USD
5/21/202685.84 USD
5/20/202685.12 USD
5/19/202683.00 USD
5/18/202683.82 USD
5/15/202682.30 USD
5/14/202685.25 USD
5/13/202684.97 USD
5/12/202685.86 USD
5/11/202687.09 USD
5/8/202688.38 USD
5/7/202687.74 USD
5/6/202690.54 USD
5/5/202686.20 USD
5/4/202684.36 USD
5/1/202688.45 USD
4/30/202690.30 USD
4/29/202688.71 USD
4/28/202692.32 USD
4/27/202693.25 USD
4/24/202694.05 USD
4/23/202694.18 USD
4/22/202694.45 USD
4/21/202694.81 USD
4/20/202694.12 USD
4/17/202692.79 USD
4/16/202688.80 USD
4/15/202688.44 USD
4/14/202688.83 USD
4/13/202689.79 USD
4/10/202688.97 USD
4/9/202688.93 USD
4/8/202688.63 USD
4/7/202685.62 USD
4/6/202688.57 USD
4/2/202686.49 USD
4/1/202685.44 USD
3/31/202686.84 USD
3/30/202684.88 USD
3/27/202690.25 USD
3/26/202691.11 USD
3/25/202692.19 USD
3/24/202692.38 USD
3/23/202693.46 USD
3/20/202690.55 USD
3/19/202693.72 USD
3/18/202694.75 USD
3/17/202697.03 USD
3/16/202695.95 USD
3/13/202694.96 USD
3/12/202692.54 USD
3/11/202696.57 USD
3/10/202698.72 USD
3/9/202699.94 USD
3/6/2026101.17 USD
3/5/2026104.30 USD
3/4/2026106.53 USD
3/3/2026108.41 USD
3/2/2026110.61 USD
2/27/2026114.36 USD
2/26/2026112.00 USD
2/25/2026110.73 USD
2/24/2026116.40 USD
2/23/2026116.20 USD
2/20/2026116.46 USD
2/19/2026116.12 USD
2/18/2026121.26 USD
2/17/2026121.44 USD
2/13/2026122.28 USD
2/12/2026120.83 USD
2/11/2026120.99 USD
2/10/2026119.40 USD
2/9/2026114.08 USD
2/6/2026114.02 USD
2/5/2026115.37 USD
2/4/2026115.27 USD
2/3/2026112.53 USD
2/2/2026108.80 USD
1/30/2026109.35 USD
1/29/2026111.23 USD
1/28/2026110.79 USD
1/27/2026110.07 USD
1/26/2026110.58 USD
1/23/2026111.84 USD
1/22/2026114.71 USD
1/21/2026118.00 USD
1/20/2026115.16 USD
1/16/2026118.59 USD
1/15/2026122.25 USD
1/14/2026121.39 USD
1/13/2026123.32 USD
1/12/2026120.90 USD
1/9/2026119.25 USD
1/8/2026109.55 USD
1/7/2026103.93 USD
1/6/2026106.36 USD
1/5/2026105.40 USD
1/2/2026104.22 USD
12/31/2025102.80 USD
12/30/2025103.89 USD
12/29/2025103.92 USD
12/26/2025104.90 USD
12/24/2025105.09 USD
12/23/2025104.74 USD
12/22/2025106.99 USD
12/19/2025107.99 USD
12/18/2025108.33 USD
12/17/2025112.23 USD
12/16/2025117.57 USD
12/15/2025119.73 USD
12/12/2025119.37 USD
12/11/2025119.15 USD
12/10/2025120.03 USD
12/9/2025117.19 USD
12/8/2025120.71 USD
12/5/2025123.91 USD
12/4/2025126.75 USD
12/3/2025133.13 USD
12/2/2025129.73 USD
12/1/2025130.23 USD
11/28/2025131.30 USD
11/26/2025131.28 USD
11/25/2025131.08 USD
11/24/2025122.96 USD
11/21/2025123.16 USD
11/20/2025116.25 USD
11/19/2025115.16 USD
11/18/2025115.97 USD
11/17/2025114.10 USD
11/14/2025121.11 USD
11/13/2025121.24 USD
11/12/2025124.13 USD
11/11/2025125.44 USD
11/10/2025123.21 USD
11/7/2025121.55 USD
11/6/2025120.33 USD
11/5/2025121.18 USD
11/4/2025121.65 USD
11/3/2025120.59 USD
10/31/2025123.77 USD
10/30/2025124.13 USD
10/29/2025124.18 USD
10/28/2025128.22 USD
10/27/2025128.72 USD
10/24/2025127.57 USD
10/23/2025127.34 USD
10/22/2025127.14 USD
10/21/2025128.24 USD
10/20/2025125.85 USD
10/17/2025125.82 USD
10/16/2025122.87 USD
10/15/2025122.44 USD
10/14/2025122.23 USD
10/13/2025118.02 USD
10/10/2025118.77 USD
10/9/2025117.91 USD
10/8/2025120.12 USD
10/7/2025122.14 USD
10/6/2025126.39 USD
10/3/2025130.07 USD
10/2/2025128.33 USD
10/1/2025128.21 USD
9/30/2025126.04 USD
9/29/2025127.68 USD
9/26/2025126.04 USD
9/25/2025124.02 USD
9/24/2025125.69 USD
9/23/2025123.25 USD
9/22/2025121.91 USD
9/19/2025127.32 USD
9/18/2025132.87 USD
9/17/2025132.97 USD
9/16/2025133.81 USD
9/15/2025133.77 USD
9/12/2025137.27 USD
9/11/2025140.09 USD
9/10/2025136.58 USD
9/9/2025137.45 USD
9/8/2025142.40 USD
9/5/2025141.88 USD
9/4/2025138.07 USD
9/3/2025134.08 USD
9/2/2025132.68 USD
8/29/2025133.14 USD
8/28/2025133.13 USD
8/27/2025133.33 USD
8/26/2025133.27 USD
8/25/2025134.80 USD
8/22/2025135.75 USD
8/21/2025129.14 USD
8/20/2025130.32 USD
8/19/2025134.25 USD
8/18/2025131.43 USD
8/15/2025131.95 USD
8/14/2025130.45 USD
8/13/2025130.89 USD
8/12/2025124.47 USD
8/11/2025120.53 USD
8/8/2025120.85 USD
8/7/2025119.51 USD
8/6/2025119.35 USD
8/5/2025120.10 USD
8/4/2025118.77 USD
Access this data via the Eulerpool API

Lennar Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
27.13 B USD
5.08 B USD
4.43 B USD
Jan 1, 2022
33.67 B USD
6.72 B USD
4.61 B USD
Jan 1, 2023
34.23 B USD
5.53 B USD
3.94 B USD
Jan 1, 2024
35.44 B USD
4.85 B USD
3.93 B USD
Jan 1, 2025
34.19 B USD
2.75 B USD
2.08 B USD
Jan 1, 2026 (e)
32.35 B USD
5.02 B USD
1.42 B USD
Jan 1, 2027 (e)
33.34 B USD
5.18 B USD
1.68 B USD
Jan 1, 2028 (e)
34.74 B USD
5.39 B USD
2.05 B USD

Lennar Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 4, 2026, 10:59 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
5.947.789.4710.9512.6520.5722.2622.4927.1333.6734.2335.4434.1932.3533.3434.74
44.5831.0721.7915.5815.4962.678.211.0320.6424.111.673.53-3.54-5.393.094.17
14.0014.1313.7413.6412.8411.3512.5915.4520.4121.3999.2715.519.919.919.919.91
0.831.101.301.491.622.332.803.475.547.2033.985.503.393.203.303.44
0.690.921.091.261.481.992.483.145.086.725.534.852.755.025.185.39
11.5411.8511.4611.5311.669.6711.1513.9518.7219.9616.1513.688.0415.5315.5315.53
0.480.640.800.910.811.701.852.474.434.613.943.932.081.421.682.05
-29.4633.1925.7113.59-11.09109.269.0933.3279.724.15-14.65-0.15-47.15-31.7618.4121.98
0.160.160.160.200.160.160.160.631.001.501.502.002.002.002.402.88
25.00-20.00293.7558.7350.0033.3320.0020.00
230.18233.67235.97236.84237.56325.76313.91309.15301.24287.36279.44267.26252.36252.36252.36252.36
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Lennar generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Lennar retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Lennar's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Lennar has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Lennar's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Lennar stock margins

The Lennar margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Lennar. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Lennar.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
20.41 %
18.72 %
16.33 %
Jan 1, 2022
21.39 %
19.96 %
13.70 %
Jan 1, 2023
99.27 %
16.15 %
11.50 %
Jan 1, 2024
15.52 %
13.68 %
11.10 %
Jan 1, 2025
9.91 %
8.05 %
6.08 %
Jan 1, 2026 (e)
9.91 %
15.53 %
4.39 %
Jan 1, 2027 (e)
9.91 %
15.53 %
5.04 %
Jan 1, 2028 (e)
9.91 %
15.53 %
5.90 %

Lennar Stock Revenue, EBIT, Earnings per Share

The Lennar earnings per share therefore indicates how much revenue Lennar has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
90.06 USD
16.86 USD
14.71 USD
Jan 1, 2022
117.17 USD
23.39 USD
16.06 USD
Jan 1, 2023
122.51 USD
19.78 USD
14.09 USD
Jan 1, 2024
132.61 USD
18.15 USD
14.71 USD
Jan 1, 2025
135.47 USD
10.90 USD
8.23 USD
Jan 1, 2026 (e)
125.49 USD
19.90 USD
5.50 USD
Jan 1, 2027 (e)
129.37 USD
20.52 USD
6.51 USD
Jan 1, 2028 (e)
134.77 USD
21.37 USD
7.95 USD

Lennar business model & stock analysis

Lennar Corp. is a US construction and real estate developer based in Miami, Florida. The company was founded in 1954 by Gene Fisher and Arnold Rosen and currently has an annual revenue of approximately $19 billion. Lennar Corp. employs around 10,000 employees and is listed on the New York Stock Exchange. The company has become one of the largest construction and real estate developers in the US over the past decades, establishing diverse divisions. Lennar Corp. is typically active in all regions of the US and offers a wide range of products, ranging from apartments in multi-family buildings to individual single-family homes. Lennar Corp.'s business model is focused on offering affordable and scalable homes for the American middle class. This often involves utilizing already developed land and undertaking large-scale construction projects. An important aspect of their operations is the offering of "Master Planned Communities," neighborhoods that are comprehensively planned from the beginning and often feature a wide range of recreational activities and communal facilities. A significant division of Lennar Corp. is the financing of homes and residential units. In recent years, the company has expanded in partnership with other financial institutions such as JPMorgan Chase and Wells Fargo, offering comprehensive financing options for its customers. Another important area for Lennar Corp. is the sale of rental properties. In recent years, the company has acquired numerous apartment complexes in different regions of the US and rents them out to various clientele. This allows the company to benefit from the increasing demand for affordable housing and generate growth through regular rent increases and inflation. In addition to actual construction, marketing plays a significant role at Lennar Corp. The company primarily sells its own projects through its own distribution channels and relies on appealing advertising and high standards of customer care. In terms of product range, Lennar Corp. offers a broad spectrum of residential properties. This includes traditional single-family homes, townhouses, row houses, and duplexes. There is also a selection of apartments offered in larger apartment complexes. A growing sector in Lennar Corp.'s offerings is the so-called "retirement communities" for retirees and seniors, providing a safe, carefree, and active life in their later years. In summary, Lennar Corp. is an important player in the construction and real estate industry, based on a broad business model with high standards of customer care and a comprehensive product range. The company has continuously expanded over the past decades and is now a significant organization with a strong focus on the needs of the American middle class.

Lennar SWOT Analysis

Strengths

Lennar Corp holds a prominent position in the market, being one of the leading residential construction and real estate development companies. This enables them to leverage their reputation, brand recognition, and experience in attracting potential customers and business partners.

Lennar Corp offers a wide variety of homes, communities, and services, catering to different customer segments and preferences. Their diverse product portfolio allows them to capture various market opportunities and adjust to changing market demands.

Weaknesses

Lennar Corp's business heavily depends on the overall economic conditions, particularly the housing market. During economic downturns, the demand for new homes can significantly decrease, impacting their sales and profitability.

Lennar Corp's operations are concentrated in certain regions, making them vulnerable to regional market fluctuations and regulatory changes. A downturn in a specific region can have a disproportionate impact on their business compared to companies with more diversified geographic presence.

Opportunities

The increasing need for affordable housing presents an opportunity for Lennar Corp to expand their offerings and target a broader customer base. Developing affordable housing projects can allow them to tap into new markets and attract first-time homebuyers.

Embracing technological advancements such as smart homes, energy-efficient features, and innovative construction techniques can differentiate Lennar Corp from competitors and attract tech-savvy buyers. Investing in research and development to stay at the forefront of industry trends is crucial for sustained growth.

Threats

Increasing costs of labor, materials, and regulatory compliance pose a threat to Lennar Corp's profitability. If they are unable to manage and mitigate these rising costs effectively, it could impact their margins and overall financial performance.

The residential construction and real estate development industry are highly competitive, with many established players and new entrants vying for market share. Lennar Corp faces the challenge of staying ahead of the competition by continuously innovating, delivering quality products, and maintaining strong customer relationships.

Lennar Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Lennar Employees
Details
Date
Lennar Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Lennar Segments

Lennar Revenue by Segment (1/10)

  • 3 Years

  • 5 Years

  • Max

Home
Other revenues
Land sales revenues
Fee Income
Management fees and reimbursement of expenses, net of deferrals
Details
Date
Home
Other revenues
Land sales revenues
Fee Income
Management fees and reimbursement of expenses, net of deferrals
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
48.80 M USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
53.60 M USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
99.94 M USD
0.00 USD
56.25 M USD
Jan 1, 2025
32.10 B USD
1.96 B USD
162.45 M USD
0.00 USD
0.00 USD

Lennar Revenue by Segment (2/10)

  • 3 Years

  • 5 Years

  • Max

General Contractor
Advanced Distributions
Details
Date
General Contractor
Advanced Distributions
Jan 1, 2016
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
12.80 M USD
Jan 1, 2019
0.00 USD
0.00 USD
Jan 1, 2020
400.81 M USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD

Lennar Revenue by Segment (3/10)

  • 3 Years

  • 5 Years

  • Max

General Contractor
Management fees and reimbursement of expenses, net of deferrals
Details
Date
General Contractor
Management fees and reimbursement of expenses, net of deferrals
Jan 1, 2016
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
Jan 1, 2018
353.20 M USD
0.00 USD
Jan 1, 2019
355.40 M USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
23.69 M USD

Lennar Revenue by Segment (4/10)

  • Max

General Contractor
Details
Date
General Contractor
Jan 1, 2016
0.00 USD
Jan 1, 2017
0.00 USD
Jan 1, 2018
0.00 USD
Jan 1, 2019
0.00 USD
Jan 1, 2020
0.00 USD
Jan 1, 2025
149.99 M USD

Lennar Revenue by Segment (5/10)

  • 3 Years

  • 5 Years

  • Max

Homebuilding
Lennar Homebuilding
Financial Services
Lennar Financial Services
Multifamily
Lennar Other
Details
Date
Homebuilding
Lennar Homebuilding
Financial Services
Lennar Financial Services
Multifamily
Lennar Other
Jan 1, 2016
0.00 USD
9.74 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
770.11 M USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
19.08 B USD
0.00 USD
867.83 M USD
0.00 USD
0.00 USD
Jan 1, 2019
20.79 B USD
0.00 USD
824.81 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
20.98 B USD
0.00 USD
890.31 M USD
0.00 USD
576.33 M USD
0.00 USD
Jan 1, 2025
32.27 B USD
0.00 USD
1.20 B USD
0.00 USD
680.63 M USD
41.43 M USD

Lennar Revenue by Segment (6/10)

  • 3 Years

  • 5 Years

  • Max

Lennar Homebuilding
Lennar Financial Services
Lennar Multifamily
Rialto
Lennar Other
Details
Date
Lennar Homebuilding
Lennar Financial Services
Lennar Multifamily
Rialto
Lennar Other
Jan 1, 2016
0.00 USD
687.26 M USD
287.44 M USD
233.97 M USD
0.00 USD
Jan 1, 2017
11.20 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
41.08 M USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Lennar Revenue by Segment (7/10)

  • 3 Years

  • 5 Years

  • Max

West
Central
East
Texas
Other
Details
Date
West
Central
East
Texas
Other
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
8.44 B USD
4.09 B USD
5.72 B USD
2.71 B USD
25.57 M USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Lennar Revenue by Segment (8/10)

  • 3 Years

  • 5 Years

  • Max

Multifamily
Lennar Multifamily
Rialto
Details
Date
Multifamily
Lennar Multifamily
Rialto
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
394.77 M USD
281.24 M USD
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
604.70 M USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD

Lennar Revenue by Segment (9/10)

  • 3 Years

  • 5 Years

  • Max

Lennar Multifamily
Rialto
Lennar Other
Details
Date
Lennar Multifamily
Rialto
Lennar Other
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
421.13 M USD
205.07 M USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
36.84 M USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD

Lennar Revenue by Segment (10/10)

  • Max

West
Central
East
South Central
Other
Details
Date
West
Central
East
South Central
Other
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
11.91 B USD
7.76 B USD
6.97 B USD
5.60 B USD
26.83 M USD

Lennar Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Lennar historical P/E ratio, EBIT multiple, and P/S ratio

Lennar annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Lennar shares outstanding

The number of shares of Lennar was 252.36 M in 2025. This indicates how many shares Lennar is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
301.24 M Stocks
Jan 1, 2022
287.36 M Stocks
Jan 1, 2023
279.44 M Stocks
Jan 1, 2024
267.26 M Stocks
Jan 1, 2025
252.36 M Stocks
Jan 1, 2026 (e)
252.36 M Stocks
Jan 1, 2027 (e)
252.36 M Stocks
Jan 1, 2028 (e)
252.36 M Stocks

Lennar stock splits

In Lennar's history, there have been no stock splits.

Lennar Dividend History

37 years of dividend payments

YearAnnual DividendYoY ChangePayments
20261.50USDYTD
Feb 4, 20260.50USD 0.0%1/3
Apr 22, 20260.50USD 0.0%2/3
Jul 10, 20260.50USD 0.0%3/3
20252.00USD 0.0%
Jan 29, 20250.50USD 0.0%1/4
Apr 23, 20250.50USD 0.0%2/4
Jul 3, 20250.50USD 0.0%3/4
Oct 10, 20250.50USD 0.0%4/4
20242.00USD 33.3%
20231.50USD 0.0%
20221.50USD 50.0%
20211.00USD 60.0%
20200.63USD 290.6%
20190.16USD 0.0%
20180.16USD 0.0%
20170.16USD 20.0%

Lennar dividend history and estimates

In 2025, Lennar paid a dividend amounting to 2.00 USD. Dividend means that Lennar distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
1.00 USD
0.00 USD
Jan 1, 2022
1.50 USD
0.00 USD
Jan 1, 2023
1.50 USD
0.00 USD
Jan 1, 2024
2.00 USD
0.00 USD
Jan 1, 2025
2.00 USD
0.00 USD
Jan 1, 2026 (e)
1.50 USD
0.50 USD
Jan 1, 2027 (e)
0.00 USD
2.40 USD
Jan 1, 2028 (e)
0.00 USD
2.88 USD

Lennar dividend payout ratio

In 2025, Lennar had a payout ratio of 24.29%. The payout ratio indicates the percentage of the company's profits that Lennar distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
6.58 %
Jan 1, 2022
9.04 %
Jan 1, 2023
10.30 %
Jan 1, 2024
13.16 %
Jan 1, 2025
24.29 %
Jan 1, 2026 (e)
36.34 %
Jan 1, 2027 (e)
36.84 %
Jan 1, 2028 (e)
36.24 %

Current Lennar forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
11.54 % (3)
Hold
42.31 % (11)
Sell
46.15 % (12)
12M Price Target
111.18
Last Price
82.35
Currency
USD
12M Return Potential
35.01 %
LTM Return
0 %

Lennar Analyst Rating Actions

DateFirmActionRatingReliability
7/15/2026
Citigroup
Citigroup
MaintainedNeutral48
6/16/2026
UBS
UBS
MaintainedNeutral51
6/16/2026
JP Morgan
JP Morgan
MaintainedUnderweight80
6/15/2026
Wells Fargo
Wells Fargo
MaintainedEqual Weight56
6/15/2026
RBC Capital
RBC Capital
MaintainedUnderperform52
6/15/2026
Evercore ISI Group
Evercore ISI Group
MaintainedUnderperform62
6/15/2026
B of A Securities
B of A Securities
MaintainedUnderperform70
6/15/2026
Barclays
Barclays
MaintainedUnderweight33
6/9/2026
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
DowngradeMarket PerformUnderperform
4/13/2026
Evercore ISI Group
Evercore ISI Group
MaintainedUnderperform62

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Lennar Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
6/22/20261.27USD-8.11 BUSD-2026 Q2
3/18/20260.97USD-6.96 BUSD-2026 Q1
12/16/20252.24USD-9.11 BUSD-2025 Q4
12/18/20244.25USD-10.18 BUSD-2024 Q4
6/12/20243.30USD-8.52 BUSD-2024 Q2
3/12/20242.50USD-6.52 BUSD-2024 Q1
12/12/20233.04USD-8.01 BUSD-2023 Q4
6/19/20233.00USD-7.05 BUSD-2023 Q2
3/14/20232.56USD-6.67 BUSD-2023 Q1
12/14/20225.03USD-10.25 BUSD-2022 Q4
...

EESG©

Eulerpool ESG Scorecard© for the Lennar stock

44/100
69
Environment
34
Social
28
Governance
E

Environment

20
Scope 1 - Direct Emissions10,515
Scope 2 - Indirect emissions from purchased energy34,064
Scope 3 - Indirect emissions within the value chain14,827,200
Total CO₂ emissions44,579
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Lennar shareholder structure

% Name
9.46350%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
7.08313%
BLACKROCK, INC.
BLACKROCK, INC.
5.11309%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.02328%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
4.26242%
Eagle Capital Management L.L.C.
Eagle Capital Management L.L.C.
4.22139%
EAGLE CAPITAL MANAGEMENT LLC
EAGLE CAPITAL MANAGEMENT LLC
...

Lennar Beneficial Ownership Filings (SEC 13D/G)

Free Float
83.2%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
25.40%
LENX ST Investor, LLC
LENX ST Investor, LLC
SEC ↗
18.02%
Edward C. Johnson 3d
Edward C. Johnson 3d
SEC ↗
11.00%
Taube Hodson Stonex Partners LLP
Taube Hodson Stonex Partners LLP
SEC ↗
10.54%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
10.10%
95-1411037
95-1411037
SEC ↗
9.90%
04-2683227
04-2683227
SEC ↗
8.40%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
7.60%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
6.94%
Vanguard Capital Management
Vanguard Capital Management
SEC ↗
6.60%
52-0556948
52-0556948
SEC ↗

Lennar Executives and Management Board

13 members · avg. age 63 · 38 % women

SM

Mr. Stuart Miller (68)

Executive Chairman of the Board, Chief Executive Officer · since 1990

29.53 M USD

Management

DB

Ms. Diane Bessette (65)

Chief Financial Officer, Vice President, Treasurer

8.28 M USD
KM

Ms. Katherine Martin (49)

Company Secretary, Chief Legal Officer

8.02 M USD
DC

Mr. David Collins (56)

Vice President and Controller

2.27 M USD
IF

Mr. Ian Frazer

Investor Relations · since 2022

Board of Directors

SH

Mr. Sherrill Hudson (83)

Independent Director

451,298.00 USD
AO

Mr. Armando Olivera (76)

Independent Director

437,679.00 USD
JS

Dr. Jeffrey Sonnenfeld (71)

Independent Director

433,473.00 USD
TG

Mr. Theron Gilliam (61)

Independent Director

397,055.00 USD
TM

Ms. Teri Mcclure (62)

Independent Director

353,103.00 USD
AB

Ms. Amy Banse (66)

Independent Director

299,956.00 USD

Lennar Supply Chain

Lennar Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
8 companies
#Nameβ 1YTrend
1
Griffon Corporation
Supplier·Building Products·US
0.53
0.47
0.76
0.92
0.78
0.81
0.87
2
Builders FirstSource, Inc.
Supplier·Building Products·US
0
0.12
0.72
0.69
0.04
0.65
0.05
3
Allianz
Supplier·Customer·Insurance·DE
0.20
0.14
-0.21
-0.30
-0.35
0.49
-0.28
4
Franklin Street Properties Corp.
Supplier·Equity Real Estate Investment Trusts (REITs)·US
-0.64
-0.45
0.26
0.73
0.03
0.43
#Nameβ 1YTrend
1
BMC Stock Holdings, Inc.
Supplier·US
0.43
0.26
-0.63
-0.85
2
SmartRent A
Supplier·Electronic Equipment, Instruments & Components·US
-0.20
-0.05
0.85
0.92
0.67
3
Blend Labs A
Supplier·Software·US
-0.38
-0.17
0.83
0.64
4
Sunnova Energy International Inc.
Supplier·Independent Power and Renewable Electricity Producers·US
0.84
-0.01
0.11
0.69
0.60
0.29

Frequently asked questions about Lennar

Lennar Corp's business model revolves around the residential homebuilding industry. As one of the largest home construction companies in the United States, Lennar focuses on designing, building, and selling high-quality homes to various consumer segments. The company operates through multiple business segments, including Homebuilding, Financial Services, and Multifamily. Lennar's Homebuilding segment is primarily engaged in constructing and selling single-family homes, while its Financial Services segment offers mortgage financing, title insurance, and closing services. Additionally, Lennar's Multifamily segment focuses on developing and managing rental properties. With a commitment to innovation, quality craftsmanship, and customer satisfaction, Lennar Corp strives to provide attractive and affordable housing options for homebuyers.

Lennar Corp is primarily active in the real estate industry.

The main competitors of Lennar Corp in the market include D.R. Horton, PulteGroup, and Toll Brothers.

Lennar Corp is a leading home construction and real estate development company with an extensive history and background. Established in 1954, Lennar has grown to become one of the largest residential builders in the United States. With headquarters in Miami, Florida, Lennar has expanded its operations nationwide and has built homes in numerous communities across 21 states. Over the years, Lennar Corp has gained a strong reputation for its commitment to quality construction, innovative designs, and customer satisfaction. As a publicly traded company listed on the New York Stock Exchange (NYSE: LEN), Lennar Corp continues to play a significant role in the housing market, providing high-quality homes for individuals and families.

Lennar Corp has achieved significant milestones in its history. With over 65 years of experience, the company has become one of the leading homebuilders in the United States. Lennar Corp has successfully completed the construction of millions of homes, providing quality housing options to families across the country. The company's commitment to innovation and sustainability has earned it several accolades, including being named the Builder of the Year by Builder magazine. Lennar Corp has also expanded its operations globally, establishing a presence in various international markets. As a result of its relentless dedication, Lennar Corp continues to thrive and excel in the homebuilding industry.

Lennar Corp is primarily present in the United States.

Lennar Corp represents strong values and a clear corporate philosophy. As one of the leading homebuilding companies in the United States, Lennar Corp is committed to excellence, integrity, and innovation. They prioritize customer satisfaction, delivering high-quality homes with exceptional craftsmanship and attention to detail. Lennar Corp also emphasizes sustainability and is dedicated to developing energy-efficient and environmentally-friendly communities. With a focus on teamwork and collaboration, Lennar Corp fosters a culture that values diversity, inclusion, and respect. By consistently delivering superior results and maintaining strong financial performance, Lennar Corp has established itself as a trustworthy and reliable company in the housing industry.

Analysts currently set an average price target of 111.12 USD for the Lennar stock (median: 111.18 USD), implying +34.9 % versus the latest price. The consensus is based on 26 analyst ratings.

26 analysts currently rate the Lennar stock: 3 recommend buying, 11 holding and 12 selling. For 2026, analysts expect Lennar to generate revenue of 32.35 B USD and earnings per share of 5.62 USD.

Converted at the current exchange rate, the Lennar share trades at 71.54 EUR (82.35 USD).

The Lennar share (LEN) is listed on 7 stock exchanges, including: NYSE (LEN), Frankfurt (LNN.F), München (LNN.MU), Düsseldorf (LNN.DU), London (0JU0.L), London (0JU0.L), SIX (Zürich) (LNN.SW).

Lennar Corp is a leading US real estate developer and construction company, founded in 1954. The company is headquartered in Miami, Florida, and is listed on the NASDAQ Global Select Market. Lennar Corp operates in various areas, including homebuilding, financial services, land development, and multi-family. Homebuilding: Lennar Corp is primarily a homebuilding company, constructing houses in various regions of the US. The company offers a wide range of residential styles, from affordable homes to luxury apartments. Lennar Corp also provides customized options to meet the needs of its customers. The company specializes in energy-efficient homes and incorporates green technologies to reduce the energy consumption of its houses. Financial services: Lennar Corp also offers financial services, including mortgages, insurance, and title services. The company maintains partnerships with various financial institutions to provide its customers with the best price and service. Land development: Lennar Corp is also involved in land development. The company acquires land and develops it with infrastructure to later sell it as building sites. Lennar Corp has access to land in various regions and has the resources to develop it quickly and effectively. Multi-Family: Lennar Corp has also been active in the multi-family housing sector for some time. The company constructs high-quality apartments with modern design and amenities. Lennar Corp has focused on the needs of millennials and other young adults who prefer city living. The apartments are designed to meet the needs of today's tenants, including technology and community spaces. Lennar Corp is able to grow its business through various distribution channels. The company sells its products and services directly to customers through its sales centers and online platforms. It also works closely with other distribution partners, including brokers and agents, to increase reach and sales. Lennar Corp generates its revenue through the sale of homes, apartments, and land, as well as through the sale of financial services. The company is constantly striving to provide its customers with excellent value while also delivering competitive returns for its shareholders. Lennar Corp has a strong financial position and is able to scale its operations quickly when opportunities arise. The business model of Lennar Corp is based on creating housing for a wide range of customer needs, from affordable homes to luxury apartments. The company is able to meet the needs of its customers through effective planning and development of residential areas, modern designs, and technology. Through its diverse activities, Lennar Corp can generate revenue from various sources and increase its brand awareness in the industry.

The expected revenue of Lennar is 32.35 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Lennar is 1.42 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Lennar is currently 14.65. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Lennar stock.

The price-to-sales ratio (P/S) of Lennar is currently 0.64. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Lennar stock.

The Eulerpool Quality Score for Lennar is 5/10.

The ISIN of Lennar is US5260571048. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Lennar is 851022. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Lennar is LEN. The ticker symbol is used to trade Lennar shares on the stock exchange.

Over the past 12 months, Lennar paid a dividend of 2.00 USD . This corresponds to a dividend yield of about 2.43 %. For the coming 12 months, Lennar is expected to pay a dividend of 2.40 USD.

The current dividend yield of Lennar is 2.43 %.

Lennar pays a dividend, distributed in the months of , , , .

Lennar paid dividends every year for the past 36 years.

For the upcoming 12 months, dividends amounting to 2.40 USD are expected. This corresponds to a dividend yield of 2.91 %.

Lennar is assigned to the 'Cyclical consumption' sector.

In the year 2025, Lennar distributed 1.94 USD as dividends.

The dividends of Lennar are distributed in USD.

All fundamentals and in-depth analysis of Lennar

Our stock analysis for Lennar stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Lennar. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.