LEN-B Stock Analysis: Lennar | NYSE
Residential Construction | NYSE, USA | Market Cap: 18.956m USD | 12M Return: -29.8% | US5260573028 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 11.7M
EPS Trend: -92.0%
Rev. Trend: -72.2%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Lennar Corporation is a major U.S. homebuilder operating primarily under the Lennar brand, with homebuilding operations organized into four geographic segments (East, Central, South Central, and West) alongside Financial Services, Multifamily, and Lennar Other segments. The company constructs and sells single-family attached and detached homes, develops residential land, and builds and manages multifamily rental properties. Beyond construction, Lennar offers ancillary services including residential mortgage financing, title insurance, and closing services, and it also originates and sells securitized commercial mortgage loans and engages in fund investment activities. The company targets first-time, move-up, active adult, and luxury homebuyers, and was founded in 1954, headquartered in Miami, Florida.
As a member of the Consumer Discretionary sector and the Homebuilding sub-industry, Lennars business is closely tied to the housing cycle, with demand influenced by mortgage rates, household formation, and broader economic conditions. Its vertically integrated model, bundling homebuilding with mortgage and title services, is a common approach among large public homebuilders aimed at capturing additional revenue per transaction and streamlining the home-buying process for customers.
- Mortgage rates rise, pressuring home affordability and sales
- Homebuilding gross margins expand on lower land costs
- Capital returns accelerate through buybacks and dividends
| Net Income: 1.31b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 4.47 > 1.0 |
| NWC/Revenue: 41.46% < 20% (prev 38.06%; Δ 3.40% < -1%) |
| CFO/TA 0.03 > 3% & CFO 937.3m > Net Income 1.31b |
| Net Debt (6.93b) to EBITDA (1.84b): 3.76 < 3 |
| Current Ratio: 8.38 > 1.5 & < 3 |
| Outstanding Shares: last quarter (237.8m) vs 12m ago -6.98% < -2% |
| Gross Margin: 9.52% > 18% (prev 11.83%; Δ -2.32% > 0.5%) |
| Asset Turnover: 93.68% > 50% (prev 99.68%; Δ -5.99% > 0%) |
| Interest Coverage Ratio: 123.1 > 6 (EBIT TTM 1.71b / Interest Expense TTM 13.9m) |
| A: 0.40 (Total Current Assets 15.1b - Total Current Liabilities 1.80b) / Total Assets 33.4b |
| B: 0.69 (Retained Earnings 22.9b / Total Assets 33.4b) |
| C: 0.05 (EBIT TTM 1.71b / Avg Total Assets 34.1b) |
| D: 1.85 (Book Value of Equity 21.6b / Total Liabilities 11.7b) |
| Altman-Z'' = 7.12 = AAA |
| DSRI: 0.65 (Receivables 924.9m/1.55b, Revenue 32.0b/34.8b) |
| GMI: 1.24 (GM 11.83% / 9.52%) |
| AQI: 1.03 (AQ_t 0.52 / AQ_t-1 0.50) |
| SGI: 0.92 (Revenue 32.0b / 34.8b) |
| TATA: 0.01 (NI 1.31b - CFO 937.3m) / TA 33.4b) |
| Beneish M = -3.13 (Cap -4..+1) = AA |
As of October 11, 2026, the stock is trading at USD 76.02 with a total of 130,445 shares traded. Over the past week, the price has changed by -2.76%, over one month by -3.30%, over three months by -6.88% and over the past year by -29.80%.
Current recommended Stop Loss: 71.70 (which is 5.7% or 1.4 ATR below the current price).
Lennar has no consensus analysts rating.
P/E Trailing = 15.3392
P/E Forward = 15.3846
P/S = 0.5929
P/B = 0.8939
P/EG = 11.1077
Revenue TTM = 32.0b USD
EBIT TTM = 1.71b USD
EBITDA TTM = 1.84b USD
Long Term Debt = 5.87b USD (from longTermDebt, last fiscal year)
Short Term Debt = 2.21b USD (from shortTermDebt, last fiscal year)
Debt = 8.08b USD (corrected: LT Debt 5.87b + ST Debt 2.21b)
Net Debt = 6.93b USD (calculated: Debt 8.08b - CCE 1.15b)
Enterprise Value = 25.9b USD (19.0b + Debt 8.08b - CCE 1.15b)
Interest Coverage Ratio = 123.1 (Ebit TTM 1.71b / Interest Expense TTM 13.9m)
EV/FCF = 31.91x (Enterprise Value 25.9b / FCF TTM 811.3m)
FCF Yield = 3.13% (FCF TTM 811.3m / Enterprise Value 25.9b)
FCF Margin = 2.54% (FCF TTM 811.3m / Revenue TTM 32.0b)
Net Margin = 4.10% (Net Income TTM 1.31b / Revenue TTM 32.0b)
Gross Margin = 9.52% ((Revenue TTM 32.0b - Cost of Revenue TTM 28.9b) / Revenue TTM)
Gross Margin QoQ = 16.56% (prev 6.18%)
Tobins Q-Ratio = 0.78 (Enterprise Value 25.9b / Total Assets 33.4b)
Interest Expense / Debt = 0.17% (Interest Expense 13.9m / Debt 8.08b)
Taxrate = 25.81% (460.8m / 1.79b)
NOPAT = 1.27b (EBIT 1.71b * (1 - 25.81%))
Current Ratio = 8.38 (Total Current Assets 15.1b / Total Current Liabilities 1.80b)
Debt / Equity = 0.37 (Debt 8.08b / totalStockholderEquity, last quarter 21.6b)
Debt / EBITDA = 3.76 (Net Debt 6.93b / EBITDA 1.84b)
Debt / FCF = 8.54 (Net Debt 6.93b / FCF TTM 811.3m)
Total Stockholder Equity = 21.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.84% (Net Income 1.31b / Total Assets 33.4b)
RoE = 6.03% (Net Income TTM 1.31b / Total Stockholder Equity 21.8b)
RoCE = 6.18% (EBIT 1.71b / Capital Employed (Equity 21.8b + L.T.Debt 5.87b))
RoIC = 3.88% (NOPAT 1.27b / Invested Capital 32.6b)
WACC = 6.26% (E(19.0b)/V(27.0b) * Re(8.88%) + D(8.08b)/V(27.0b) * Rd(0.17%) * (1-Tc(0.26)))
Discount Rate = 8.88% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -99.31 | Cagr: -6.07%
[DCF] Terminal Value 75.44% ; FCFF base≈811.3m ; Y1≈814.6m ; Y5≈862.9m
[DCF] Fair Price = 213.5 (EV 13.4b - Net Debt 6.93b = Equity 6.49b / Shares 30.4m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -91.95 | EPS CAGR: -31.67% | SUE: N/A | # QB: 0
Revenue Correlation: -72.24 | Revenue CAGR: -3.15% | SUE: -1.39 | # QB: -1
EPS current Quarter (2027-02-28): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-11-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=-7.8%
EPS next Year (2027-11-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+3.0%