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Lennar Corporation (LEN) is a leading residential construction business with stocks listed in the US. It opened the day at US$97.73 after a previous close of US$97.6. During the day the price has varied from a low of USD97 to a high of USD98.71. The latest price was USD98.5 (25 minute delay). Lennar Corporation is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in Lennar Corporation
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Lennar Corporation. Find the share by name or ticker symbol: LEN. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Lennar Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$96.6, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Lennar Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Lennar Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Lennar Corporation key stats
- Compare share trading platforms
- Is Lennar Corporation stock a buy or sell?
- Lennar Corporation performance over time
- Can I short Lennar Corporation shares?
- Is Lennar Corporation suitable for ethical investing?
- Are Lennar Corporation shares over-valued?
- Lennar Corporation's financials
- How volatile are Lennar Corporation shares?
- Does Lennar Corporation pay a dividend?
- Have Lennar Corporation shares ever split?
- Other common questions
Lennar Corporation share priceUse our graph to track the performance of LEN stocks over time.
Lennar Corporation shares at a glance
|52-week range||US$56.5416 - US$110.61|
|50-day moving average||US$98.5357|
|200-day moving average||US$90.1947|
|Dividend yield||US$0.75 (0.82%)|
|Earnings per share (TTM)||US$9.8138|
Compare share trading platforms to buy stock
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Is it a good time to buy Lennar Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Lennar Corporation price performance over time
|1 week (2021-06-15)||6.43%|
|1 month (2021-05-21)||4.13%|
|3 months (2021-03-23)||3.42%|
|6 months (2020-12-23)||25.37%|
|1 year (2020-06-23)||60.97%|
|2 years (2019-06-21)||91.82%|
|3 years (2018-06-22)||92.38%|
|5 years (2016-06-23)||115.06%|
Is Lennar Corporation under- or over-valued?
Valuing Lennar Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lennar Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Lennar Corporation's P/E ratio
Lennar Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Lennar Corporation shares trade at around 12x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Lennar Corporation's PEG ratio
Lennar Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.5939. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Lennar Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Lennar Corporation's EBITDA
Lennar Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$3.6 billion.
The EBITDA is a measure of a Lennar Corporation's overall financial performance and is widely used to measure a its profitability.
Lennar Corporation financials
|Revenue TTM||US$23.3 billion|
|Operating margin TTM||15.23%|
|Gross profit TTM||US$5.2 billion|
|Return on assets TTM||7.43%|
|Return on equity TTM||1735.32%|
|Market capitalisation||US$28.3 billion|
TTM: trailing 12 months
Shorting Lennar Corporation shares
There are currently 9.5 million Lennar Corporation shares held short by investors – that's known as Lennar Corporation's "short interest". This figure is 13% up from 8.4 million last month.
There are a few different ways that this level of interest in shorting Lennar Corporation shares can be evaluated.
Lennar Corporation's "short interest ratio" (SIR)
Lennar Corporation's "short interest ratio" (SIR) is the quantity of Lennar Corporation shares currently shorted divided by the average quantity of Lennar Corporation shares traded daily (recently around 2.2 million). Lennar Corporation's SIR currently stands at 4.34. In other words for every 100,000 Lennar Corporation shares traded daily on the market, roughly 4340 shares are currently held short.
However Lennar Corporation's short interest can also be evaluated against the total number of Lennar Corporation shares, or, against the total number of tradable Lennar Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Lennar Corporation's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Lennar Corporation shares in existence, roughly 30 shares are currently held short) or 0.0331% of the tradable shares (for every 100,000 tradable Lennar Corporation shares, roughly 33 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Lennar Corporation.
Find out more about how you can short Lennar Corporation stock.
Lennar Corporation's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Lennar Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Lennar Corporation's total ESG risk score
Total ESG risk: 27.66
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Lennar Corporation's overall score of 27.66 (as at 12/31/2018) is pretty good – landing it in it in the 36th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Lennar Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Lennar Corporation's environmental score
Environmental score: 15.41/100
Lennar Corporation's environmental score of 15.41 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Lennar Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Lennar Corporation's social score
Social score: 15.8/100
Lennar Corporation's social score of 15.8 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Lennar Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Lennar Corporation's governance score
Governance score: 10.95/100
Lennar Corporation's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Lennar Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Lennar Corporation's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Lennar Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Lennar Corporation has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||27.66|
|Total ESG percentile||36.26|
|Environmental score percentile||8|
|Social score percentile||8|
|Governance score percentile||8|
|Level of controversy||2|
Lennar Corporation share dividends
Dividend payout ratio: 7.93% of net profits
Recently Lennar Corporation has paid out, on average, around 7.93% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.08% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Lennar Corporation shareholders could enjoy a 1.08% return on their shares, in the form of dividend payments. In Lennar Corporation's case, that would currently equate to about $0.75 per share.
While Lennar Corporation's payout ratio might seem low, this can signify that Lennar Corporation is investing more in its future growth.
Lennar Corporation's most recent dividend payout was on 4 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 19 April 2021 (the "ex-dividend date").
Have Lennar Corporation's shares ever split?
Lennar Corporation's shares were split on a 1017:1000 basis on 8 November 2017. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1017 shares. This wouldn't directly have changed the overall worth of your Lennar Corporation shares – just the quantity. However, indirectly, the new 1.7% lower share price could have impacted the market appetite for Lennar Corporation shares which in turn could have impacted Lennar Corporation's share price.
Lennar Corporation share price volatility
Over the last 12 months, Lennar Corporation's shares have ranged in value from as little as US$56.5416 up to US$110.61. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Lennar Corporation's is 1.494. This would suggest that Lennar Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Lennar Corporation overview
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. It primarily sells single-family attached and detached homes in communities targeted to first-time, move-up, active adult, and luxury homebuyers. The company also offers residential mortgage financing, title insurance, and closing services for home buyers and others. In addition, it involves in the fund investment activity; and originates and sells into securitizations commercial mortgage loans. Further, the company develops, constructs, and manages multifamily rental properties. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
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