US stock · Consumer Cyclical sector · Residential Construction
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Lennar Corporation

LENNYSE

73.47

USD
-0.23
(-0.31%)
Market Closed
4.87P/E
6Forward P/E
0.24P/E to S&P500
20.832BMarket CAP
1.87%Div Yield
Upcoming Earnings
13 Dec-19 Dec
Shares Short
8/31/22
12.34M
Short % of Float
5.57%
Short % of Shares Outs.
4.24%
% Held by Insiders
2.34%
% Held by Institutions
95.80%
Beta
1.52
PEG Ratio
0.19
52w. high/low
117.54/62.54
Avg. Daily Volume
2.70M
Return %
Stock
S&P 500
1 year
(24.25)
(16.78)
3 years
33.12
22.95
5 years
44.43
45.49
Scale: |
High
Low
55.59
13.77
22.35
3.36
17.36
5.45
21.43
11.73
21.18
11.94
39.21
19.23
43.66
30.38
47.20
35.14
55.10
40.56
48.77
36.52
64.42
41.52
72.17
37.29
62.63
38.43
86.80
25.42
117.54
71.52
116.36
62.54
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
100.97
63.34
28.31
16.54
16.47
16.44
21.56
30.55
37.72
45.27
49.15
53.33
66.80
69.91
72.68
88.49
108.70
Earnings per share
3.69
(12.07)
(6.86)
(2.21)
0.51
0.49
3.57
2.47
3.10
3.84
4.09
3.42
5.51
5.81
7.97
14.45
15.17
FCF per share
3.28
2.76
6.81
2.23
1.44
(1.43)
(2.25)
(4.20)
(3.93)
(2.44)
1.94
3.73
5.13
4.38
13.31
8.05
4.21
Dividends per share
0.63
0.63
0.52
0.15
0.16
0.16
0.16
0.16
0.16
0.16
0.16
0.16
0.16
0.16
0.63
1.01
1.01
CAPEX per share
0.17
- -
- -
- -
0.03
0.05
0.01
0.04
0.11
0.44
0.34
0.47
0.42
0.27
0.24
0.21
0.12
Book Value per sh.
35.39
23.76
16.23
12.96
13.98
14.33
17.94
21.46
23.40
26.99
31.54
33.19
47.35
50.09
58.16
67.89
73.25
Comm.Shares outs.
161
161
162
189
187
188
190
194
206
209
223
237
308
318
309
307
294
Avg. annual P/E ratio
13.7
(2.9)
(2.0)
(4.9)
30.9
35.5
8.2
14.9
12.9
12.6
10.7
15.2
9.5
8.9
8.2
6.8
4.9
P/E to S&P500
0.8
(0.2)
(0.1)
(0.1)
1.5
2.2
0.6
0.9
0.7
0.6
0.5
0.6
0.4
0.4
0.2
0.2
0.2
Avg. annual div. yield
1.2%
1.8%
3.7%
1.4%
1.0%
0.9%
0.5%
0.4%
0.4%
0.3%
0.4%
0.3%
0.3%
0.3%
1.0%
1.0%
1.2%
Revenue (m)
16,267
10,187
4,575
3,119
3,074
3,095
4,105
5,935
7,780
9,474
10,950
12,646
20,572
22,260
22,489
27,131
31,930
Operating margin
5.5%
(25.8)%
(9.6)%
(14.8)%
4.0%
3.4%
7.8%
11.6%
11.9%
11.5%
11.5%
11.7%
9.7%
11.1%
13.9%
18.9%
20.7%
Depreciation (m)
50
57
32
20
14
22
28
30
39
44
50
66
91
92
95
86
60
Net profit (m)
594
(1,941)
(1,109)
(417)
95
92
679
480
639
803
912
810
1,696
1,849
2,465
4,430
4,482
Income tax rate
37.0%
37.0%
(97.5)%
43.0%
(27.2)%
(14.9)%
(195.9)%
26.0%
35.2%
32.3%
31.4%
35.1%
24.1%
24.3%
21.0%
23.4%
23.3%
Net profit margin
3.7%
(19.1)%
(24.2)%
(13.4)%
3.1%
3.0%
16.5%
8.1%
8.2%
8.5%
8.3%
6.4%
8.2%
8.3%
11.0%
16.3%
13.6%
Working capital (m)
8,675
5,443
5,423
5,255
5,089
4,753
7,303
7,975
9,960
11,192
11,846
14,173
19,424
20,760
21,552
23,779
24,439
Long-term debt (m)
3,763
2,837
2,264
2,761
3,880
3,776
5,038
5,079
6,018
6,655
6,276
7,973
10,117
9,574
7,422
6,378
- -
Equity (m)
5,701
3,822
2,623
2,443
2,609
2,696
3,415
4,169
4,827
5,649
7,026
7,872
14,582
15,950
17,995
20,816
22,977
ROIC
5.1%
(22.3)%
(16.5)%
(6.0)%
2.4%
2.7%
10.8%
5.5%
5.5%
6.0%
6.3%
4.6%
6.3%
6.7%
8.6%
14.0%
13.6%
Return on capital
7.6%
(34.0)%
(7.7)%
(9.2)%
1.7%
2.0%
3.5%
6.9%
8.1%
8.5%
8.8%
6.6%
7.9%
8.4%
10.5%
17.5%
17.0%
Return on equity
10.4%
(50.8)%
(42.3)%
(17.1)%
3.7%
3.4%
19.9%
11.5%
13.2%
14.2%
13.0%
10.3%
11.6%
11.6%
13.7%
21.3%
19.5%
Plowback ratio
82.9%
105.2%
107.5%
106.6%
69.0%
67.6%
95.5%
93.6%
94.9%
95.9%
96.1%
95.4%
97.1%
97.2%
92.1%
93.0%
74.9%
Div.&Repurch./FCF
74.5%
- -
- -
- -
10.8%
(10.7)%
(3.6)%
(1.1)%
(4.9)%
(9.2)%
8.3%
7.2%
21.9%
41.1%
12.5%
70.5%
150.0%
Capital Structure
31 Aug · 2022 | Q3
All numbers in millions
Total liabilities
$ 12,212
Total assets
$ 35,340
Long-term debt
$ - -
Cash and equiv.
$ 1,309
Goodwill
$ 3,442
Retained earnings
$ 17,647
Common stock
290
Enterprise Value
$ 19,523
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
1,450
2,917
2,963
Receivables
830
938
1,297
Inventory
18,094
17,175
19,169
Other
1,716
2,977
3,146
Current assets
22,089
22,590
25,100
Acc. Payable
1,069
1,037
1,321
Debt due
- -
- -
- -
Other
260
- -
- -
Current liabilities
1,329
1,037
1,321
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
20.64%
23.14%
24.56%
Cash flow
(40.08)%
55.47%
21.77%
Earnings
79.72%
57.83%
29.25%
Dividends
58.82%
93.32%
43.91%
Book value
15.68%
30.78%
23.83%
Insider Trading
Type
Shares
Date
Banse Amy
Award
225
08/31/22
Mcclure Teri P
Award
225
08/31/22
Collins David M
Sale
15,000
07/21/22
Collins David M
InKind
1,866
07/02/22
Collins David M
InKind
2,313
07/02/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
4,505
5,287
5,870
6,826
22,489
2021
5,325
6,430
6,941
8,434
27,131
2022
6,204
8,359
8,934
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
1.29
1.67
2.15
2.85
7.97
2021
3.27
2.71
4.59
3.88
14.45
2022
1.71
4.56
5.06
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.13
0.13
0.13
0.25
0.63
2021
0.25
0.26
0.25
0.25
1.01
2022
0.37
0.38
- -
- -
- -
Company Description
Sector:
Consumer Cyclical
Industry:
Residential Construction
CEO:
Mr. Richard Beckwitt
Full-time employees:
10,753
City:
Miami
Address:
700 NW 107th Ave Ste 400
IPO:
Jul 27, 1972
Website:
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 Texas, 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 originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.