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Lennar Corporation (LEN)

Consumer Cyclical | Residential Construction | Miami, United States | NYSE
86.33 USD +1.22 (1.433%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 86.48 +0.15 (0.174%) ⇧ (Aug. 28, 2026, 8 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 3:03 a.m. EDT

Lennar presents a classic value-versus-quality dilemma. The stock trades at a discount to book value and generates a modest 2.34% yield, supported by a conservative 31% payout ratio that suggests the dividend is safe for now. However, the underlying business is currently contracting, with revenue shrinking by 5% and earnings falling sharply. While the long-term price history shows a massive cumulative gain over nine years, the most recent annual performance was a steep decline, and the stock remains well below its 200-day moving average, confirming a persistent technical downtrend. Options activity reveals that while some investors are betting on a rebound to $100+, many others are actively buying protection against further downside. Until the growth trajectory turns positive, the cheap valuation acts more as a margin of safety than a catalyst for a strong rally, making this a hold rather than a buy.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.036436
AutoTheta0.038203
MSTL0.041135
AutoETS0.041418

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 46%
H-stat 5.23
Ljung-Box p 0.000
Jarque-Bera p 0.399
Excess Kurtosis -0.93
Attribute Value
Sector Consumer Cyclical
Ex Dividend Date 2026-07-09
Last Dividend Date 2026-07-09
Debt to Equity Ratio 28.692
Revenue per Share 131.848
Market Cap 20,796,477,440
Trailing P/E 13.34
Forward P/E 13.32
Beta 1.40
Profit Margins 4.93%
Website https://www.lennar.com

As of Aug. 22, 2026, 3:03 a.m. EDT: Speculators are positioning for significant volatility with elevated implied volatility at deep out-of-the-money strikes. Call open interest builds substantial walls at $100, $125, and $150 for December expiration, indicating bullish bets on a recovery to $100+. Conversely, put open interest concentrates heavily at $70 and $80 strikes, suggesting investors are hedging against a drop back to the 52-week low. The mix of high-volume ATM put activity alongside distant call walls implies a 'straddle' sentiment where traders expect a large move in either direction, though the call bias leans toward upside potential.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.59% 1.98% 1.63% 1.61%
Dividend History
Date Dividend Yield %
2026-07-10 0.500000 0.593331
2026-04-22 0.500000 0.529381
2026-02-04 0.500000 0.433764
2025-10-10 0.500000 0.420982
2025-07-03 0.500000 0.454050
2025-04-23 0.500000 0.464814
2025-01-29 0.500000 0.378129
2024-10-09 0.484027 0.277085
2024-07-05 0.484027 0.350557
2024-04-23 0.484027 0.321130
2024-01-23 0.484027 0.338776
2023-10-11 0.363020 0.328170
2023-07-06 0.363020 0.311151
2023-04-25 0.363020 0.337807
2023-01-26 0.363020 0.374925
2022-10-12 0.363020 0.490132
2022-07-06 0.363020 0.489364
2022-04-25 0.363020 0.471105
2022-01-26 0.363020 0.402576
2021-10-13 0.242014 0.263020
2021-07-01 0.242014 0.245628
2021-04-20 0.242014 0.249751
2021-01-28 0.242014 0.296525
2020-10-15 0.242014 0.295230
2020-07-09 0.121007 0.197629
2020-04-20 0.121007 0.312657
2020-01-23 0.121007 0.185819
2019-10-17 0.038722 0.065520
2019-07-10 0.038722 0.082610
2019-04-23 0.038722 0.076248
2019-01-24 0.038722 0.089146
2018-10-18 0.038722 0.094295
2018-07-11 0.038722 0.074115
2018-04-24 0.038722 0.074808
2018-01-25 0.038722 0.058419
2017-10-18 0.038075 0.071086
2017-07-11 0.038075 0.074433
2017-04-28 0.038075 0.079208
2017-01-25 0.038075 0.085234
2016-10-03 0.038075 0.095012
2016-07-06 0.038075 0.085070
2016-04-25 0.038075 0.084746
2016-01-26 0.038075 0.094140
2015-10-20 0.038075 0.077190
2015-07-06 0.038075 0.078539
2015-04-20 0.038075 0.082936
2015-01-27 0.038075 0.089008
2014-10-15 0.038075 0.100655
2014-07-08 0.038075 0.097896
2014-04-21 0.038075 0.105180
2014-01-28 0.038075 0.103842
2013-10-16 0.038075 0.118134
2013-07-08 0.038075 0.121029
2013-04-22 0.038075 0.103120
2013-01-30 0.038075 0.096154
2012-10-11 0.038075 0.111982
2012-07-09 0.038075 0.127106
2012-04-23 0.038075 0.161813
2012-01-25 0.038075 0.175439
2011-10-17 0.038075 0.274537
2011-07-05 0.038075 0.215286
2011-04-25 0.038075 0.208987
2011-01-21 0.038075 0.205445
2010-10-12 0.038075 0.251573
2010-07-19 0.038075 0.289436
2010-05-03 0.038075 0.193144
2010-01-22 0.038075 0.270637
2009-10-21 0.038075 0.292398
2009-07-20 0.038075 0.404041
2009-05-01 0.038075 0.422834
2009-01-30 0.038075 0.520157
2008-10-21 0.038075 0.443952
2008-07-22 0.152300 1.232669
2008-05-01 0.152300 0.823471
2008-02-06 0.152300 0.830308
2007-11-01 0.152300 0.746967
2007-08-01 0.152300 0.526837
2007-05-02 0.152300 0.364881
2007-02-01 0.152300 0.290804
2006-11-01 0.152300 0.341954
2006-08-02 0.152300 0.355083
2006-05-03 0.152300 0.300470
2006-02-03 0.152300 0.263159
2005-11-03 0.152300 0.275958
2005-08-03 0.131358 0.207956
2005-05-04 0.131358 0.265895
2005-02-03 0.131358 0.241511
2004-11-03 0.131358 0.306598
2004-08-04 0.118984 0.294603
2004-05-05 0.118984 0.262992
2004-02-04 0.118984 0.287026
2003-11-05 0.118984 0.263352
2003-08-01 0.006187 0.020569
2003-05-01 0.006187 0.024532
2003-04-22 2.498665 9.625963
2003-02-05 0.006187 0.023831
2002-11-05 0.006187 0.023610
2002-08-01 0.006187 0.026650
2002-05-02 0.006187 0.022651
2002-02-01 0.006187 0.023722
2001-11-01 0.006187 0.034192
2001-08-02 0.006187 0.028760
2001-05-03 0.006187 0.030232
2001-02-01 0.006187 0.036010
2000-11-02 0.006187 0.039543
2000-08-03 0.006187 0.053060
2000-05-03 0.006187 0.070746
2000-02-03 0.006187 0.079387
1999-11-03 0.006187 0.077321
1999-08-04 0.006187 0.069331
1999-05-05 0.005711 0.052890
1999-02-03 0.005711 0.044963
1998-11-04 0.005711 0.055812
1998-08-05 0.005711 0.046713
1998-05-01 0.005711 0.043339
1998-02-03 0.005711 0.047405
1997-11-05 0.005711 0.068082
1997-11-03 11.898405 150.375949
1997-08-01 0.011898 0.066553
1997-05-01 0.011898 0.093455
1997-02-05 0.011898 0.095235
1996-11-01 0.011898 0.112991
1996-08-01 0.011898 0.111107
1996-05-02 0.011898 0.101007
1996-02-01 0.011898 0.095235
1995-11-02 0.011898 0.108104
1995-08-02 0.011898 0.132446
1995-05-01 0.011898 0.153841
1995-01-31 0.011898 0.162596
1994-10-31 0.011898 0.165284
1994-08-01 0.011898 0.122695
1994-05-02 0.011898 0.119044
1994-02-01 0.009519 0.085109
1993-11-01 0.009519 0.093753
1993-07-30 0.009519 0.101698
1993-05-03 0.009519 0.096777
1993-02-01 0.009519 0.097564
1992-10-30 0.009519 0.115388
1992-08-03 0.009519 0.100003
1992-04-29 0.009519 0.140355
1992-02-03 0.009519 0.125988
1991-10-30 0.009519 0.207798
1991-07-30 0.009519 0.244905
1991-04-30 0.009519 0.277465
1991-01-30 0.009519 0.326540
1990-10-30 0.009519 0.623395
1990-07-31 0.009519 0.372104
1990-04-30 0.009519 0.347836
1990-01-30 0.009519 0.326540
1989-10-31 0.009519 0.290918
1989-08-01 0.009519 0.262303
1989-05-01 0.009519 0.275870
1989-01-31 0.009519 0.287433
1988-11-01 0.009519 0.333343
1988-08-01 0.009519 0.320009
1988-04-29 0.009519 0.322157
1988-02-01 0.009519 0.331044
1987-11-02 0.009519 0.413805
1987-08-03 0.009519 0.260877
1987-05-26 0.009519 0.200006
1987-01-30 0.007932 0.225981
Additional Data
dividendRate 2.0
dividendYield 2.35
exDividendDate 2026-07-10
trailingAnnualDividendRate 2.0
trailingAnnualDividendYield 0.023499
lastDividendValue 0.5
lastDividendDate 2026-07-10
dividendDate 2026-07-24

Info Dump

Attribute Value
52 Week Change -0.35853183
Address1 5,505 Waterford District Drive
All Time High 187.6089
All Time Low 1.120433
Ask 86.5
Ask Size 200
Audit Risk 4
Average Analyst Rating 3.4 - Hold
Average Daily Volume10 Day 2,422,630
Average Daily Volume3 Month 2,589,672
Average Volume 2,589,672
Average Volume10Days 2,422,630
Beta 1.398
Bid 86.01
Bid Size 100
Board Risk 10
Book Value 89.751
City Miami
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 86.33
Current Ratio 8.508
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 87.255
Day Low 84.685
Debt To Equity 28.692
Display Name Lennar
Dividend Date 1,784,851,200
Dividend Rate 2.0
Dividend Yield 2.35
Earnings Call Timestamp End 1,781,276,400
Earnings Call Timestamp Start 1,781,276,400
Earnings Growth -0.315
Earnings Quarterly Growth -0.362
Earnings Timestamp 1,781,208,000
Earnings Timestamp End 1,789,675,200
Earnings Timestamp Start 1,789,675,200
Ebitda 2,285,495,040
Ebitda Margins 0.06981
Enterprise To Ebitda 11.084
Enterprise To Revenue 0.774
Enterprise Value 25,333,071,872
Eps Current Year 5.54099
Eps Forward 6.4805
Eps Trailing Twelve Months 6.47
Esg Populated 0
Ex Dividend Date 1,783,641,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 86.3764
Fifty Day Average Change -0.046401978
Fifty Day Average Change Percent -0.00053720665
Fifty Two Week Change Percent -35.853184
Fifty Two Week High 144.24
Fifty Two Week High Change -57.910004
Fifty Two Week High Change Percent -0.40148365
Fifty Two Week Low 79.83
Fifty Two Week Low Change 6.5
Fifty Two Week Low Change Percent 0.08142302
Fifty Two Week Range 79.83 - 144.24
Financial Currency USD
First Trade Date Milliseconds 322,151,400,000
Five Year Avg Dividend Yield 1.48
Float Shares 201,120,945
Forward Eps 6.4805
Forward P E 13.321503
Free Cashflow 1,077,926,016
Full Exchange Name NYSE
Full Time Employees 12,532
Fullday Change 1.22
Fullday Change Percent 1.43344
Fullday Price 86.48
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.16363001
Gross Profits 5,356,951,040
Has Pre Post Market Data 1
Held Percent Insiders 0.08234
Held Percent Institutions 0.98113
Implied Shares Outstanding 240,895,142
Industry Residential Construction
Industry Disp Residential Construction
Industry Key residential-construction
Ir Website http://www.lennar.com/investor/investor.aspx
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,783,641,600
Last Dividend Value 0.5
Last Fiscal Year End 1,764,460,800
Last Split Date 1,737,417,600
Last Split Factor 1,033:1000
Long Business Summary Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding South Central, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title insurance, and closing services for home buyers and others, as well as originating and selling securitization commercial mortgage loans. In addition, the company is involved in fund investment activities. It primarily serves first-time, move-up, active adult, and luxury homebuyers. The company was founded in 1954 and is based in Miami, Florida.
Long Name Lennar Corporation
Market us_market
Market Cap 20,796,477,440
Market State CLOSED
Max Age 86,400
Message Board Id finmb_30763
Most Recent Quarter 1,780,185,600
Net Income To Common 1,598,947,968
Next Fiscal Year End 1,795,996,800
Non Diluted Market Cap 20,452,139,564
Number Of Analyst Opinions 13
Open 85.97
Operating Cashflow 882,990,976
Operating Margins 0.052750003
Overall Risk 9
Payout Ratio 0.31350002
Peg Ratio 11.3
Phone 305 559 4000
Post Market Change 0.15000153
Post Market Change Percent 0.17375365
Post Market Price 86.48
Post Market Time 1,787,961,600
Previous Close 85.11
Price Eps Current Year 15.580249
Price Hint 2
Price To Book 0.9618835
Price To Sales Trailing12 Months 0.63525456
Profit Margins 0.04934
Quick Ratio 1.203
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 3.44444
Region US
Regular Market Change 1.22
Regular Market Change Percent 1.43344
Regular Market Day High 87.255
Regular Market Day Low 84.685
Regular Market Day Range 84.685 - 87.255
Regular Market Open 85.97
Regular Market Previous Close 85.11
Regular Market Price 86.33
Regular Market Time 1,787,947,202
Regular Market Volume 2,359,367
Return On Assets 0.03943
Return On Equity 0.07368
Revenue Growth -0.052
Revenue Per Share 131.848
Sand P52 Week Change 0.20504117
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Share Holder Rights Risk 10
Shares Outstanding 210,506,003
Shares Percent Shares Out 0.0021
Shares Short 513,503
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 493,759
Short Name Lennar Corporation
Short Percent Of Float 0.0029
Short Ratio 0.22
Source Interval 15
State FL
Symbol LEN
Target High Price 120.0
Target Low Price 67.0
Target Mean Price 86.23077
Target Median Price 85.0
Total Cash 1,853,501,952
Total Cash Per Share 7.694
Total Debt 6,245,007,872
Total Revenue 32,737,234,944
Tradeable 0
Trailing Annual Dividend Rate 2.0
Trailing Annual Dividend Yield 0.023499
Trailing Eps 6.47
Trailing P E 13.3431225
Trailing Peg Ratio 11.3018
Triggerable 1
Two Hundred Day Average 99.4844
Two Hundred Day Average Change -13.154396
Two Hundred Day Average Change Percent -0.13222572
Type Disp Equity
Volume 2,359,367
Website https://www.lennar.com
Zip 33,126