返回排名列表

Lennar Corp (LEN)

合理估值
Consumer CyclicalResidential ConstructionUnited States

基本面

63

价格

$82.10

市值

$19.76B

第一部分 · 这家公司值多少

概览

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.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 2026年9月19日 with claude-haiku-4-5 — shared with all users

P/E: 11.9Score: 74Market cap: $22.33B

Builds across the same entry-level, move-up and active-adult segments in overlapping Florida, Texas, Arizona and Carolina markets, and like Lennar pairs home sales with its own mortgage and title arm.

P/E: 16.0Score: 65Market cap: $16.70B

Sells single-family homes under the Ryan Homes, NVHomes and Heartland brands to the same buyers in the Mid-Atlantic and Southeast, competing head-on with Lennar's East and Central divisions.

P/E: 10.8Score: 74Market cap: $12.58B

The main rival at the upper end of the market, taking the luxury and high move-up buyers in coastal California, the Northeast and Florida that Lennar reaches through its premium communities.

D.R. Horton, Inc.DHI

The largest US homebuilder by closings, selling entry-level and move-up single-family homes in the same Sun Belt, Texas and Western markets where Lennar sells, and bidding against Lennar for the same land, subcontractors and first-time buyers.

Meritage Homes CorporationMTH

Focused on affordable, quick-move-in homes for first-time buyers in Texas, Arizona, Florida and the Southeast — the same volume niche Lennar targets with its Everything's Included pricing.

KB HomeKBH

Competes for the same first-time and move-up buyers in California, Texas, Arizona, Nevada and Florida, offering built-to-order homes where Lennar offers pre-configured ones.

资产负债表与流动性

营收

$32.74B

最近12个月(截至2026/5/31)

净利润

$1.62B

最近12个月(截至2026/5/31)

自由现金流

$28M

股东权益合计

$21.96B

负债合计

$12.29B

流动比率

4.56

利息覆盖率

-

债务/EBITDA

3.01

每股收益

营收与净利润

自由现金流

收入构成

历史财务表

利润率变化

债务变化

债务负担有多重

增长一览表

增长 — 营业收入

公允价值估算

周期性合理估值

公允价值

$71.82

当前价格

$82.10

安全边际

-14.3%

公允价值区间

$61.64 - $81.99

所用估值方法之间的离散区间,并非经过统计校准的置信区间。

估算方法

分析师目标价:$80.08
现金流折现法(DCF):不适用于此类公司
市盈率法(P/E):$79.20
格雷厄姆成长公式:不适用于此类公司
盈利能力价值(EPV):$58.96
合理市净率(P/B):不适用于此类公司
股息折现模型(戈登模型):不适用于此类公司
P/FFO(运营资金):不适用于此类公司
周期中段收益:数据不足,无法计算
市销率法(P/S):不适用于此类公司
分析师共识:持有 (2B / 10H / 14S)
最近财报超预期:-9.22%

估值指标

市盈率(P/E)

12.79

ROE

9.5%

市净率(P/B)

0.79

P/FCF

23.96

毛利率

-

ROIC

-

盈利能力雷达图

价值创造(经济护城河)

ROIC

-

WACC

9.3%

ROIC − WACC

-

基本面分析标准

通过(13)

  • EPS shows upward trend
  • Price CAGR 6.90%
  • P/FCF 23.96
  • P/B Ratio 0.79
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • CapEx intensity
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Price below Graham Number
  • Revenue Growth 5Y 8.7%
  • Share Dilution -5.2%

未通过(8)

  • DCF valuation (Unknown)
  • ROE 7.3%
  • Analyst Consensus 8% Buy
  • Earnings Surprise avg -7.0%
  • PEG Ratio 50.86
  • Earnings Quality (OCF/NI) 0.55
  • Net Margin Trend 4.9% vs 9.2%
  • Piotroski F-Score 4/9

不可用(6)

  • ROIC NaN%
  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Current Ratio
  • Interest Coverage

Piotroski F-评分

4/9

信号混杂:部分领域需关注

score
criteria

盈利质量

0.55

中等:利润与现金之间存在一定差距

股权稀释

-5.2%

正在回购股份,对股东友好

机构持股

公司治理

管理团队

姓名职位年龄
Mr. Stuart A. MillerExecutive Chairman, CEO & President67
Ms. Diane J. BessetteCFO & VP64
Ms. Katherine Lee MartinChief Legal Officer & Corporate Secretary48
Mr. David M. CollinsVP & Controller55
Mr. Jim ParkerChief Operating Officer-
Mr. Drew HollerChief HR Officer-
Mr. Tench TilghmanPresident of Pennsylvania & Delaware Markets-
Anthony MignoneRegional President-
Mr. David GroveExecutive Vice President of Homebuilding-
Mr. Kemp GillisSenior Vice President of Supply Chain-

审计风险

4

董事会风险

10

薪酬风险

7

股东权利风险

10

第二部分 · 价格与买入时机

这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。

文件

  • 年度报告(10-K)

    对公司业务、财务业绩和风险的年度概述。

    提交日期:2026-01-28

    查看文件
  • 季度报告(10-Q)

    最近三个月财务表现的最新情况。

    提交日期:2026-06-29

    查看文件
  • 临时报告(8-K)

    关于重大事件(如管理层变动或重要公告)的通知。

    提交日期:2026-09-16

    查看文件

via SEC EDGAR

损益历史

via SEC EDGAR

Latest News

Recent headlines for LEN, sourced from Markets Gazette.

  • 3d agoPOSITIVE
    Berkshire quasi raddoppia la partecipazione nel costruttore immobiliare in difficoltà

    Berkshire Hathaway has significantly increased its stake in Lennar Corporation, a major US homebuilder, to 10.9% by acquiring 25.9 million shares valued at approximately $2.1 billion. This substantial investment, made despite negative market sentiment, declining revenues, and high mortgage rates, signals strong conviction from Berkshire. The aggressive accumulation, with $348 million in shares bought in a single September week, suggests an opportunistic play by Berkshire into the US residential market, potentially indicating a belief in Lennar's long-term prospects and the housing sector's recovery.

  • 9d agoPOSITIVE
    Perché Berkshire Hathaway ha investito nelle azioni di questo costruttore di case

    Berkshire Hathaway has significantly increased its stake in Lennar Corporation, acquiring shares worth $212.4 million over three trading days. This strategic move brings Berkshire's ownership to just over 10% of the US homebuilder. The investment comes despite Lennar facing headwinds from softer demand, high mortgage rates, and affordability challenges, with its stock down nearly 20% year-to-date. For investors, Berkshire's substantial backing suggests a strong conviction in Lennar's long-term prospects, potentially signaling a bottoming or recovery phase for the homebuilder.

  • 6/15/2026NEUTRAL
    Lennar Q2 2026 Earnings Call: Complete Transcript

    Lennar Corporation is scheduled to hold its Q2 2026 Earnings Call on June 15, 2026, at 05:35:56 UTC. This event will provide investors with crucial insights into the homebuilder's financial performance, operational updates, and future outlook for the second quarter of fiscal year 2026. Investors will be closely monitoring key metrics such as revenue, earnings per share, new orders, and backlog, alongside management's commentary on market conditions, housing demand, and construction costs. The transcript of this call will be essential for assessing the company's strategic direction and potential impact on its stock valuation.

  • 6/12/2026NEGATIVE
    Why Is Lennar Stock Falling Friday?

    Lennar Corporation (LEN) shares experienced a significant decline on Friday following the release of its Q2 financial results. The homebuilder reported a revenue miss, failing to meet analyst expectations, and consequently lowered its 2026 delivery guidance. This downward revision signals potential headwinds in the housing market, impacting future sales volumes. The news underscores broader concerns about a housing market slump, which could affect Lennar's profitability and growth trajectory. Investors are closely monitoring these developments for further indications of market weakness.

  • 6/11/2026NEUTRAL
    Top Wall Street Forecasters Revamp Lennar Expectations Ahead Of Q2 Earnings

    Lennar Corp is set to release its Q2 earnings on June 11, with consensus estimates projecting an Earnings Per Share (EPS) of $1.25 and revenue of $8.02 billion. While the company prepares to report, analyst sentiment remains divided. Recent ratings show a mix of 'Overweight' and 'Neutral' stances, with some initiating coverage at 'Buy'. This divergence suggests uncertainty among forecasters regarding Lennar's immediate performance and future outlook, making the upcoming earnings report crucial for clarifying investor expectations.

  • 6/10/2026NEUTRAL
    How To Earn $500 A Month From Lennar Stock Ahead Of Q2 Earnings

    Lennar Corporation is scheduled to report its second-quarter earnings on June 11th. Analysts are forecasting earnings per share of $1.24. The company's stock is also attracting attention due to its current dividend yield of 2.16%. While the dividend offers a potential income stream for investors, the upcoming earnings report will be crucial in determining the stock's short-term direction and assessing the company's performance against expectations.

  • 3/13/2026NEUTRAL
    Lennar (LEN) Q1 2026 Earnings Call Transcript

    Lennar Corporation is scheduled to hold its Q1 2026 Earnings Call on March 13, 2026, at 7:15 PM ET. While the content of the call is not available, the announcement itself is a standard corporate event. Investors will be looking for updates on the company's performance, market outlook, and strategic initiatives. The outcome of this call will likely influence future trading decisions for Lennar stock, but the announcement itself provides no immediate directional signal.

  • 3/12/2026NEGATIVE
    Homebuilder Lennar Stock Slips After Q1: 'Same Persistent Headwinds'

    Lennar Corporation's stock experienced a decline in after-hours trading following its Q1 report, with the company citing 'persistent headwinds.' While specific financial figures were not detailed in the provided snippet, the mention of ongoing challenges suggests potential pressure on future earnings and revenue. Investors will be closely monitoring the full earnings report for details on sales, margins, and forward guidance, which will be crucial in determining the stock's trajectory. The market's reaction indicates concern over the company's ability to navigate current economic conditions impacting the homebuilding sector.

via Markets Gazette