Stocks · Consumer Cyclical · Residential Construction
Lennar Corporation LEN
$79.81 -2.80% Close, Oct 2, 2026 · NYSE · Market cap $19.82B
Weak trend
Next earnings report: Dec 15, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 15.1× trailing earnings, higher than 95% of the company's own readings over the past five years.
- Diluted EPS over the last four quarters was $5.29, down 47.7% year over year.
- The diluted share count fell 7.0% in a year, mainly through buybacks.
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth14Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 12%
- EPS growth (TTM, YoY)Bottom 21%
- Revenue growth, 3-year CAGRBottom 43%
- Revenue growth accelerationBottom 37%
Quality21Very weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 39%
- Gross marginBottom 4%
- Operating marginBottom 45%
- Cash conversion (OCF / net income)Bottom 10%
- Accruals (lower is better)Bottom 9%
- Net debt / EBITDA (lower is better)Top 35%
- Interest coverTop 22%
Value50Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 28%
- Free-cash-flow yieldBottom 38%
- EBITDA / enterprise valueTop 45%
- Sales / enterprise valueTop 27%
- P/E vs own 5-year history (lower is better)Bottom 7%
Momentum19Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 14%
- 6-month returnBottom 38%
- 1-year return vs S&P 500Bottom 17%
- Distance from 52-week highBottom 30%
- Trend checklist (0–4)Bottom 18%
Revisions4Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 22%
- Consecutive EPS beatsBottom 13%
- Share of analysts rating BuyBottom 40%
- Upside to consensus price targetBottom 8%
Stability69Positive
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 32%
- Maximum drawdown, 3 yearsBottom 42%
- Beta vs S&P 500 (lower is better)Top 24%
- Net debt / EBITDA (lower is better)Top 35%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -7.4% | -8.0% | ↓ |
| EPS growth (YoY) | -47.1% | -47.7% | ↓ |
| Gross margin | 11.8% | 9.5% | ↓ |
| Operating margin | 10.0% | 5.3% | ↓ |
| FCF margin | -2.1% | 2.5% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -8.0% | -7.4% | ↓ | Bottom 12% |
| EPS growth (TTM, YoY) | -47.7% | -47.1% | ↓ | Bottom 21% |
| Gross margin | 9.5% | 11.8% | ↓ | Bottom 4% |
| Operating margin | 5.3% | 10.0% | ↓ | Bottom 45% |
| Net margin | 4.1% | 7.7% | ↓ | — |
| Free-cash-flow margin | 2.5% | -2.1% | ↑ | — |
| Return on invested capital | 4.0% | — | Bottom 39% | |
| Revenue growth, 3-year CAGR | 0.5% | — | Bottom 43% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.71×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 1.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -32.3 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.60×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 14.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.88%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 1.88%
- Share count change, 1 year
- -7.0%
- Share count change, 3-year CAGR
- -5.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Aug 31, 2026 (filed Oct 2, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 1 of 8
- Average EPS surprise, last 4
- -4.7%
- Average 2-day reaction, last 8
- -0.7%
- Positive 20 days after report
- 1 of 7
Analysts
- Consensus price target
- $78.00
- Target vs current price
- -2.3%
- Analysts with a rating
- 50
- Share rating Buy or Strong Buy
- 46%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Sep 16, 2026 | -3.9% | -2.1% | +3.7% | — | — |
| Jun 11, 2026 | +0.0% | +5.7% | -3.8% | -6.2% | -7.0% |
| Mar 12, 2026 | -2.4% | -4.2% | -1.9% | -7.9% | -6.3% |
| Dec 16, 2025 | -12.7% | -1.8% | -10.6% | +1.4% | -20.7% |
| Sep 18, 2025 | -4.8% | -0.1% | -5.5% | -7.9% | -10.4% |
| Jun 16, 2025 | -2.1% | +0.8% | +1.9% | -0.8% | +25.8% |
| Mar 20, 2025 | +25.9% | -0.2% | -2.0% | -14.6% | -9.7% |
| Dec 18, 2024 | -4.3% | -3.7% | -8.9% | -6.6% | -21.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Sep 16, 2026 | $1.23 | $1.28 | -3.9% | $8.00B |
| Jun 11, 2026 | $1.24 | $1.24 | +0.0% | $7.94B |
| Mar 12, 2026 | $0.93 | $0.95 | -2.4% | $6.62B |
| Dec 16, 2025 | $1.93 | $2.21 | -12.7% | $9.37B |
| Sep 18, 2025 | $2.00 | $2.10 | -4.8% | $8.80B |
| Jun 16, 2025 | $1.90 | $1.94 | -2.1% | $8.35B |
| Mar 20, 2025 | $2.14 | $1.70 | +25.9% | $7.62B |
| Dec 18, 2024 | $4.03 | $4.21 | -4.3% | $9.95B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 15.1× | 9.4× | 95th | Top 28% |
| P/E (forward) | 16.3× | — | — | — |
| EV / EBITDA | 11.7× | — | — | Top 45% |
| EV / Sales | 0.72× | — | — | Top 27% |
| Free-cash-flow yield | 4.09% | — | — | Bottom 38% |
| Earnings yield | 6.63% | — | — | Top 28% |
P/E over the past five years
Range 5.1× – 15.1× since Aug 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -37.8%
- Earnings per share growth (TTM)
- -47.7%
- Change in P/E multiple
- +17.4%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.6%
- 200-day average slope (20 days)
- -4.3%
- Distance from 50-day average
- -4.7%
- Distance from 200-day average
- -15.3%
- RSI (14)
- 44.4
- Relative volume
- 1.67×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 35.2%
- Volatility vs own 5-year history
- 55th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.71
- Correlation with S&P 500
- 0.31
- Current drawdown from 1-year high
- -40.1%
- Maximum drawdown, 3 years
- -60.3%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Sep 19, 2024 | Sep 18, 2026 | -60.3% | 500 days | Not yet recovered |
| Dec 10, 2021 | Jun 16, 2022 | -44.8% | 129 days | 250 days (Jun 15, 2023) |
| Jul 14, 2023 | Oct 25, 2023 | -22.6% | 72 days | 29 days (Dec 6, 2023) |
| Mar 28, 2024 | Jul 9, 2024 | -17.1% | 69 days | 9 days (Jul 22, 2024) |
| Oct 16, 2020 | Oct 30, 2020 | -17.1% | 10 days | 57 days (Jan 25, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $19.82B
- P/E (TTM)
- 15.1
- EPS, diluted (TTM)
- $5.29
- Revenue (TTM)
- $31.97B
- Dividend yield
- 3.13%
- 52-week range
- $75.70 – $133.76
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $27.13B | $33.67B | $34.23B | $35.44B | $34.19B |
| Gross profit | $5.54B | $7.20B | $5.94B | $5.50B | $3.39B |
| Operating income | $5.14B | $6.79B | $5.44B | $4.85B | $2.75B |
| Net income | $4.43B | $4.61B | $3.94B | $3.93B | $2.08B |
| EPS (diluted) | $14.27 | $15.72 | $13.73 | $14.31 | $7.98 |
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.95B | $7.63B | $8.38B | $8.81B | $9.37B | $6.62B | $7.94B | $8.05B |
| Net income | $1.10B | $519.5M | $477.4M | $591.0M | $490.2M | $229.4M | $308.1M | $283.9M |
| EPS (diluted) | $4.06 | $1.96 | $1.81 | $2.29 | $1.93 | $0.94 | $1.23 | $1.19 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.53B | $3.27B | $5.18B | $2.40B | $216.8M |
| Capital expenditure | -$65.2M | -$57.2M | -$99.8M | -$171.5M | -$188.6M |
| Free cash flow | $2.47B | $3.21B | $5.08B | $2.23B | $28.2M |
| Dividends paid | -$309.8M | -$438.0M | -$430.6M | -$548.8M | -$521.0M |
| Net share buybacks | -$1.43B | -$1.04B | -$1.18B | -$2.26B | -$1.81B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.15B
- Total assets
- $33.38B
- Total liabilities
- $11.68B
- Total debt
- $4.30B
- Net debt
- $3.15B
- Shareholders’ equity
- $21.56B
As of Aug 31, 2026 (filed Oct 2, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 7, 2026 | $0.50 | Oct 22, 2026 |
| Jul 10, 2026 | $0.50 | Jul 24, 2026 |
| Apr 22, 2026 | $0.50 | May 6, 2026 |
| Feb 4, 2026 | $0.50 | Feb 19, 2026 |
| Oct 10, 2025 | $0.50 | Oct 27, 2025 |
| Jul 3, 2025 | $0.50 | Jul 18, 2025 |
| Apr 23, 2025 | $0.50 | May 7, 2025 |
| Jan 29, 2025 | $0.50 | Feb 12, 2025 |
Short interest
- Shares sold short
- 18,169,952
- Days to cover
- 5.15
- Change vs previous report
- -0.4%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jan 21, 2025
- 1,033-for-1,000
- Nov 9, 2017
- 1,017-for-1,000
- Jan 21, 2004
- 2-for-1
- Apr 21, 1994
- 3-for-2
- Feb 26, 1992
- 2-for-1