Lennar Class A
About: Lennar is one of the largest public homebuilders in the United States. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily and single-family for rent construction and has invested in numerous housing-related technology startups.
Employees: 12,284
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
97% more first-time investments, than exits
New positions opened: 154 | Existing positions closed: 78
67% more call options, than puts
Call options by funds: $1.27B | Put options by funds: $762M
44% more funds holding in top 10
Funds holding in top 10: 16 [Q2] → 23 (+7) [Q3]
19% more capital invested
Capital invested by funds: $34.4B [Q2] → $40.8B (+$6.44B) [Q3]
7% more funds holding
Funds holding: 965 [Q2] → 1,031 (+66) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 360 | Existing positions reduced: 380
3.52% less ownership
Funds ownership: 93.72% [Q2] → 90.2% (-3.52%) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$130
8%
downside
Avg. target
$158
12%
upside
High target
$192
36%
upside
9 analyst ratings
2 positive
22%
7 neutral
78%
0 negative
0%
RBC Capital Mike Dahl 57% 1-year accuracy 32 / 56 met price target | 8%downside $130 | Sector Perform Upgraded | 10 Jan 2025 |
UBS John Lovallo 52% 1-year accuracy 13 / 25 met price target | 36%upside $192 | Buy Maintained | 8 Jan 2025 |
Citigroup Anthony Pettinari 44% 1-year accuracy 22 / 50 met price target | 6%upside $150 | Neutral Maintained | 6 Jan 2025 |
Goldman Sachs Susan Maklari 41% 1-year accuracy 12 / 29 met price target | 14%upside $162 | Neutral Maintained | 23 Dec 2024 |
Keefe, Bruyette & Woods Jade Rahmani 47% 1-year accuracy 16 / 34 met price target | 20%upside $170 | Outperform Maintained | 20 Dec 2024 |
Financial journalist opinion
Based on 16 articles about LEN published over the past 30 days
Neutral
Business Wire
3 days ago
SDI Realty, Nexus Real Estate Co. Partner to Develop Kroger-Anchored Shopping Center in North Fort Worth
FORT WORTH, Texas--(BUSINESS WIRE)--Davidson Bogel Real Estate (“DB2RE”) is pleased to announce a new retail shopping center anchored by Kroger (NYSE: KR) in northwest Fort Worth. Houston-based real estate developer, SDI Realty, partnered with Nexus Real Estate Co. to purchase the land. The property is located in northwest Fort Worth, and is surrounded by several new single-family communities. The land was owned by Miami-based Lennar Homes (NYSE: LEN), where they are currently developing a sing.
Positive
Zacks Investment Research
3 days ago
Lennar (LEN) Up 1.7% Since Last Earnings Report: Can It Continue?
Lennar (LEN) reported earnings 30 days ago. What's next for the stock?
Neutral
Business Wire
5 days ago
Rockhill Capital & Investments Sells 1,800-Acre New Fairview Property to Lennar
FRISCO, Texas--(BUSINESS WIRE)--North Texas real estate developer Rockhill Capital & Investments today announced the sale of a 1,807-acre property in New Fairview, Texas, to Lennar. Lennar plans to bring over 4,000 homes with additional multifamily units to the site, now called Ranchland, near County Line Road and Farm to Market Road 407. Development is anticipated to begin in the summer of 2025, with new homes available in the summer of 2028, according to Lennar. “At Rockhill, we strive to.
Neutral
PRNewsWire
6 days ago
Lennar Corporation Declares Quarterly Dividends
MIAMI , Jan. 14, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on February 12, 2025 to holders of record at the close of business on January 29, 2025. About Lennar Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations.
Neutral
PRNewsWire
1 week ago
Lennar Declares Dividend and Sets Dates for Millrose Spin-off
MIAMI , Jan. 10, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced that its Board of Directors has declared a dividend and set the date for the previously announced taxable spin-off of approximately 80% of the stock of Millrose Properties, Inc. ("Millrose"). Stuart Miller, Executive Chairman and Co-Chief Executive Officer of Lennar, said, "We are very pleased to announce another milestone towards completing the successful spin-off of Millrose.
Negative
Barrons
1 week ago
Home Builders Stocks Get Hit Hard as Mortgage Rates Climb. The Strong Jobs Report Won't Help.
Surging bond yields are hurting housing stocks. It could get worse before there's finally a bottom.
Positive
MarketBeat
1 week ago
Breaking the Mold: 3 Non-Tech Stocks Ready to Surge in 2025
Investors have been primarily focused on technology stocks in areas such as artificial intelligence (AI), high-performance computing (HPC), and renewable and nuclear energy. However, other sectors offer compelling opportunities for those seeking a more diversified portfolio.
Neutral
Zacks Investment Research
1 week ago
Lennar Stock Declines 26% in Three Months: Should You Buy the Dip?
Can LEN stock rebound after a 26% slump? Here's what investors need to know.
Positive
Seeking Alpha
2 weeks ago
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)
5 Relatively Secure And Cheap Dividend Stocks, Yields Up To 8% (January 2025)
Positive
Seeking Alpha
2 weeks ago
2 Buyable Dividends In Buffett's 27 Berkshire January Holdings
The Berkshire Hathaway portfolio includes diverse blue chips and lesser-known growth bets, analyzed through yield-based dogcatcher methods for dividend potential. Top ten Berkshire stocks by yield for January 2025 are projected to deliver 14.05% to 27.62% net gains by January 2026. Kraft Heinz and Sirius XM meet the dogcatcher ideal of annual dividends from $1K investments exceeding their single share prices.
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