LEN Lennar Corporation

Consumer Cyclical · Residential Construction

9 · Strong Momentum 2.0 · Weak Safe

87.55

+2.28%

About the company

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.

Website Annual reports (10-K)

2.28%

31.35%

2.00

21.1B

13.72

6.38

101.74

52-week range

87.5

low 79.8 high 144

Dividend deep dive

Lennar Corporation operates in the Residential Construction sector. The company currently offers a dividend yield of 2.39%. This yield is notably above its 5-year average of 1.4% and its 5-year high of 1.82%. According to Yield Theory, the stock appears undervalued based on its current dividend yield. The company's Chowder number is 35.2, exceeding the 12.0 threshold, suggesting strong dividend growth potential.

Dividend history

Lennar Corporation has a dividend increase streak of 2 years. Its dividend growth has been substantial, with a 3-year compound annual growth rate (CAGR) of 11.26% and a 5-year CAGR of 32.81%. The annual dividend per share has evolved as follows: 0.1523 USD in 2014-2017, 0.1549 USD in 2018-2019, 0.484 USD in 2020, 0.9681 USD in 2021, 1.4521 USD in 2022-2023, 1.9361 USD in 2024, and 2.0 USD for 2025. Dividends are paid quarterly in January, February, April, July, and October.