Lennar/$LEN

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About Lennar

Lennar is one of the largest public homebuilders in the United States. The company's homebuilding operations target first-time, move-up, active adult, and luxury 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.

Ticker

$LEN

Primary listing

NYSE

Employees

13,265

Lennar Metrics

BasicAdvanced
$33B
12.86
$10.11
1.39
$2.00
1.54%

What the Analysts think about Lennar

Analyst ratings (Buy, Hold, Sell) for Lennar stock.

Bulls say / Bears say

Lennar’s third-quarter revenue of $8.72 billion and EPS of $3.87 both topped analyst forecasts of $8.45 billion and $3.51, reflecting solid execution in a supply-constrained market (Reuters)
In Q3, Lennar delivered 18,559 homes, an 8% increase year-over-year, while reducing cycle time by 32 days and raising sequential profit margins to 24.4%, boosted by gains in supply chain and labor efficiency (Reuters)
A persistently tight housing supply and the “rate-lock in” effect—where many homeowners hold onto sub-5% mortgage rates—continue to create structural demand for Lennar’s new homes (Reuters)
Lennar’s third-quarter net earnings per share were $2.29, down 46% year-over-year, and revenue dropped 8.7% to $8.25 billion, missing analysts’ forecasts of $9 billion, highlighting weakening affordability among buyers (Reuters)
To maintain sales in the face of affordability challenges, Lennar has stepped up its use of mortgage rate buydowns and other incentives for buyers, further compressing profit margins (Reuters)
Lennar’s fourth-quarter home delivery forecast of 22,000–23,000 units is below analyst expectations of over 25,000, pointing to potential underlying demand weakness (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 1 Oct 2025.

Lennar Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Lennar Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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