- Investing.com
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. It also offers residential mortgage financing, title, insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. The company was founded in 1954 and is based in Miami, Florida.
Asset-Light Shift | Lennar's strategic transition to an asset-light model aims to boost cash flow and returns, potentially leading to higher profitability and operational efficiency |
Millrose Spin-off | Explore the implications of Lennar's $7 billion spin-off of Millrose Properties, structured as a REIT, and its potential impact on shareholder value |
Market Dynamics | Delve into Lennar's position in the homebuilding industry, focusing on its "everything's included" model and market share gains amid challenging economic conditions |
Financial Outlook | Analyst price targets range from $160 to $237, reflecting varied perspectives on Lennar's profitability and growth potential in a fluctuating housing market |
Metrics to compare | LEN | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipLENPeersSector | |
---|---|---|---|---|
P/E Ratio | 8.3x | 9.7x | 10.8x | |
PEG Ratio | 1.96 | −0.33 | 0.02 | |
Price/Book | 1.2x | 1.3x | 1.4x | |
Price / LTM Sales | 0.9x | 0.4x | 0.9x | |
Upside (Analyst Target) | 27.1% | 47.3% | 22.6% | |
Fair Value Upside | Unlock | 14.1% | 7.7% | Unlock |