LEN-B

Lennar Corporation

$75.25

-1.90% 2026-10-19

Consumer Cyclical

1M 3M 6M 1Y 2Y

LEN-BSPY

+1.6%

+1.4%

-6.9%

-16.7%

YTD

-19.1%

-34.4%

Grades vs sector

Momentum

no data

–

Percentile within its GICS sector across the S&P 1500.

Growth

no data

–

Percentile within its GICS sector across the S&P 1500.

Value

no data

–

Percentile within its GICS sector across the S&P 1500.

Profitability

no data

–

Percentile within its GICS sector across the S&P 1500.

Revisions

no data

–

30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 3 live models right now.

Momentum Top 15

not ranked (outside this model's universe or screens)

Quality Growth

not ranked (outside this model's universe or screens)

Momentum Blend

not in the current book

Key stats

Market cap$17.9B

P/E (trailing)14.3

P/E (forward)4.6

52-week range71.27 – 125.48

Revenue growth (YoY, latest qtr)-8.7%

Dividend yield2.61%

Analyst consensusNone

Mean price target–

Valuation & fundamentals

Bottom line

Leans expensive

Model read-out from the numbers below, not advice. Score -2 (DCF counts double).

▼DCF (base case)below the price by 87%

•Piotroski F-score4/9

▲Altman Z3.4 (safe)

▲Net debt / EBITDA0.7x

Discounted cash flow

Bear

-99%

growth -9% · disc. 12.1% · term. 2.0%

Base

$10

-87%

growth -4% · disc. 11.1% · term. 2.5%

Bull

$21

-72%

growth -1% · disc. 10.1% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal

Today's price assumes free cash flow grows about 14% a year for 10 years.

Implied

+14%/yr

FCF, last 3 yrs

-79%/yr

FCF, last 5 yrs

-63%/yr

Revenue, last 3 yrs

+1%/yr

Revenue, last 5 yrs

+9%/yr

Same inputs as the DCF above: trailing free cash flow 0.8B, 11.1% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-08-31). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.38 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs sector

Forward EPS $16.20 vs trailing $5.28 (+207% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin

–

Operating margin

18.3%

FCF margin

2.5%

Net margin

4.1%

Return on equity

6.1%

Return on invested capital

16.7%

Net debt / EBITDA

0.7×

Current ratio

–

Interest cover

1,261.7×

Cash conversion (OCF/NI)

0.7×

Piotroski F-score 4/9 · last two fiscal years

✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✗ Cash flow above net income✗ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✗ Gross margin improved✓ Asset turnover improved

Altman Z-score 3.4 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

No analyst targets available.

Annual history

FY	Revenue	Net income	Free cash flow
2025	$34.2B	$2.1B	$28.2M
2024	$35.4B	$3.9B	$2.2B
2023	$34.2B	$3.9B	$5.1B
2022	$33.7B	$4.6B	$3.2B
2021	$27.1B	$4.4B	$2.5B
2020	$22.5B	$2.5B	$4.1B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +0.5%.

Earnings

Next report: 2026-12-15 · during market

No EPS history available.

Quarterly revenue

Quarter	Revenue	YoY
2026-05-31	$7.9B	-5.2%
2026-02-28	$6.6B	–
2025-11-30	$9.4B	–
2025-08-31	$8.8B	–
2025-05-31	$8.4B	–

Recent dividends

2026-10-07: $0.500 · 2026-07-10: $0.500 · 2026-04-22: $0.500 · 2026-02-04: $0.500 · 2025-10-10: $0.500 · 2025-07-03: $0.500 · 2025-04-23: $0.500 · 2025-01-29: $0.500

News

No recent headlines.

Stats refreshed 2026-10-19 19:02:12 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Coteau Systematic StrategiesSystematic equity research and model portfolios.
Coteau Systematic Strategies publishes research, model portfolios and tools. It does not manage money or offer investment advice. Model results are hypothetical. Data: Yahoo Finance (delayed), SEC EDGAR.

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