Strategic Shift | Explore Lennar's transition to an asset-light model, including a planned REIT spin-off, aimed at improving cash flow and returns in the homebuilding industry. |
Market Dynamics | Delve into Lennar's focus on entry-level buyers amid changing demographics and housing affordability concerns, positioning the company for potential growth. |
Financial Resilience | Lennar's robust capital structure and strong liquidity provide flexibility for operations and strategic initiatives, despite market challenges. |
Future Outlook | Analyst price targets for Lennar range from $145 to $237, reflecting varied perspectives on the company's profitability and growth potential. |
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. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
Metrics to compare | LEN | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipLENPeersSector | |
---|---|---|---|---|
P/E Ratio | 11.5x | 12.1x | 10.6x | |
PEG Ratio | 0.98 | −0.32 | 0.02 | |
Price/Book | 1.7x | 1.3x | 1.4x | |
Price / LTM Sales | 1.3x | 0.5x | 0.9x | |
Upside (Analyst Target) | 11.1% | 11.8% | 20.7% | |
Fair Value Upside | Unlock | −7.9% | 8.5% | Unlock |