Lennar Corporation (LEN)
Lennar is one of America's largest homebuilders, constructing everything from starter homes to luxury estates across the United States.
Is Lennar Corporation a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: A major player with significant scale in the US housing market. Worth weighing: Recent revenue and earnings have both seen a decline. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Lennar Corporation actually fallen?
Over the last 2 years of daily prices, Lennar Corporation fell as much as −56% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.
Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
Strong population growth creates a long-term need for new housing.
A significant downturn in the property market or a recession.
What does Lennar Corporation do?
Lennar makes its money by buying land, building houses on it, and selling them to families. Because they are in the business of building new homes, their success is tied closely to how easy it is for people to get a mortgage and how confident they feel about the economy. Everything turns on how interest rates change, since these dictate whether potential buyers can afford the monthly payments on a new Lennar property.
On our factor screen it looks strongest on value and income, and weakest on growth.
- ✓Pays a dividend - about 2.4% a year
- !Revenue slipped about 5% over the year
- ✓Low debt - a sturdier balance sheet
- A major player with significant scale in the US housing market
- Offers a regular dividend payment to shareholders
- Currently trading at a relatively low valuation compared to its sales
- Growth screens low (6/100)
- Momentum screens low (12/100)
- Rising interest rates make mortgages more expensive for customers
- A slowdown in the wider economy could reduce demand for new homes
- High sensitivity to market swings, as shown by the high beta
What do Lennar Corporation's numbers mean?
How much money does Lennar Corporation make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does Lennar Corporation pay a dividend?
Yes - Lennar Corporation currently pays a dividend of about 2.4% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
What do the numbers say about Lennar Corporation's dividend?
There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.
Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.
When does Lennar Corporation report earnings, and how did recent quarters go?
Lennar Corporation is next scheduled to report on about 2026-09-17 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-06-11 | $1.23 | $1.31 | Beat +6% |
| 2026-03-12 | $0.95 | $0.88 | Missed -7% |
| 2025-12-16 | $2.18 | $2.03 | Missed -7% |
| 2025-09-18 | $2.09 | $2.00 | Missed -5% |
| 2025-06-16 | $1.94 | $1.90 | Missed -2% |
| 2025-03-20 | $1.71 | $2.14 | Beat +25% |
Across the last 6 quarters here, Lennar Corporation came in ahead of what analysts expected 2 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Lennar Corporation?
How many points the write-up makes each way — a balance check, not a score or verdict.
- A major player with significant scale in the US housing market
- Offers a regular dividend payment to shareholders
- Currently trading at a relatively low valuation compared to its sales
- Recent revenue and earnings have both seen a decline
- The business is highly sensitive to economic cycles
- Profit margins are relatively thin
- Rising interest rates make mortgages more expensive for customers
- A slowdown in the wider economy could reduce demand for new homes
- High sensitivity to market swings, as shown by the high beta
The write-up's own warning lights — if these start happening, the case above changes.
- A sudden and sustained drop in mortgage interest rates
- A major shift in government policy regarding housing development
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.