NYSE · LEN
Lennar Corporation
Consumer Cyclical · Residential Construction
$79.60▲ 2.18% ($1.70)at close
After hours$79.56▼ 0.05%7:57 PM ET
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock fell 43.18% over the last year. Revenue declined 7.45% over the trailing twelve months. Operating margin moved from 11.47% to 6.02%. Free cash flow grew 194.9% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 6.02%. A decisive move in revenue — currently down 7.45% — would be the clearest signal to resolve the ambiguity.
Performance
Return analysis
Company profile
Lennar Corporation, an influential homebuilder in the United States, operates primarily under its widely recognized Lennar brand, alongside its various subsidiaries.
Market multiples
Stock splits
Every 1000 shares became 1033
Every 1000 shares became 1017
Every 1 shares became 2
Every 2 shares became 3
Every 1 shares became 2
Every 1 shares became 2
Every 2 shares became 3
Profitability & growth
Analyst consensus
23
Buy
18
Hold
9
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Sep 16, 2026
Q3 FY26 · EPS est $1.29 · Revenue est $8.32B
View
Dividends
$2.00/shareQuarterlyDividend Achiever · 17yrAt RiskLEN pays a dividend with a 2.51% dividend yield, 17 consecutive years of growth, growing at 15.62% annually, covered 0.1× by free cash flow.
Dividend Yield
2.51%
Annual Div / Share
$2.00
5yr CAGR
+15.62%
Doubles every ~4.8yr
Payout Ratio
31.03%
At Risk
Dividend Growth Rate
3yr CAGR
+11.26%
5yr CAGR
+15.62%
10yr CAGR
+29.37%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$2/mo
In 5 yrs
$4/mo
In 10 yrs
$7/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$25/yr $2/mo | $44/yr+76% $4/mo | $78/yr+211% $7/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 2.51% → 7.8% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
LEN has raised its dividend for 17 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Strong dividend growth rate
The 5-year CAGR of 15.62% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only 0.05× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.