Lennar Corporation (LEN-B)
Lennar Corporation operates in the Residential Construction industry of the Consumer Cyclical sector, headquartered in Miami, FL, US. The stock last traded at $78.27, up 2.23% on the session, giving a market capitalisation of $19.83B. On trailing twelve-month figures it carries a trailing P/E of 12.46, a net margin of 4.9%. Its beta of 1.34 implies it has historically moved more than the broad market.
Lennar Corporation is a leading residential construction company in the United States, primarily operating under the Lennar brand alongside its various subsidiaries. Its diverse business activities are structured across several key divisions, including regional Homebuilding segments (East, Central, Texas, and West), Financial Services, Multifamily, and an "Lennar Other" category. The company's core homebuilding operations involve not only the development and sale of both attached and detached single-family residences but also the acquisition, preparation, and sale of land intended for residential use. Additionally, Lennar is active in the creation, construction, and management of multifamily rental properties. Beyond construction, its Financial Services arm provides residential mortgage solutions, title insurance, and closing services for homebuyers and other customers. It also originates and sells securitized commercial mortgage loans. The corporation further diversifies its interests through fund investment activities. Lennar caters to a broad spectrum of buyers, including those purchasing their first home, individuals looking to upgrade, active adults, and luxury clientele. This Miami, Florida-based company was founded in 1954.
Lennar Corporation is most often compared with the following Consumer Cyclical names: