Companies /Consumer Cyclical

Lennar Corp - Class A

NYSE: LEN Residential Construction
$82.03
▲ $0.00 (+0.00%) today
Markets open · 1:26pm ET

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Fundamentals

Market Cap
$19.8B
P/E Ratio
15.5
Dividend Yield
2.43%
Profit Margin
4.1%
Revenue (TTM)
$32.0B
EPS (TTM)
$5.28
52-Week Range
$76 – $132
Street Target
$80.08

About Lennar

Lennar Corp is a leading homebuilder based in Miami, Florida, known for constructing a wide range of single-family homes, from those suited for first-time buyers to luxury designs. Beyond building homes, Lennar also develops residential lands and multifamily rental properties. The company extends its services to include mortgage financing, title insurance, and closing services, catering to a diverse clientele including move-up and active adult homebuyers. Founded in 1954, Lennar has grown to serve various regions across the United States, emphasizing quality and customer satisfaction in the housing market.

Latest Activity

Mad Money w/ Jim Cramer 9/30/26

  • Cramer calls housing frozen: the 30-year national average at 7.34% versus 3% five years ago
  • Lennar down 20% and KB Home down 17% year to date; Toll Brothers holds up on 25% cash buyers
  • Whirlpool suspended its dividend; Home Depot and Lowe's both hit 52-week lows
  • IPO and M&A pipelines stalled too, with Oura shelving a $2.2 billion offering

Mortgage rates at multi-decade affordability lows are draining builders, appliance makers and the home-improvement aisles at once, so holders are really running a single trade. Cramer says the group does not recover until the war ends, oil retreats and rate hikes come off the table.

Bought LENNAR CORP /NEW/$52.1M638,813 shares @ $81.59

Berkshire keeps buying Lennar while builder sentiment stays sour, adding roughly $54.7 million across Class A and B shares. That is a bet that housing weakness is already in the price.

Bought LENNAR CORP /NEW/$43.5M532,993 shares @ $81.65

Berkshire just added roughly $163 million of Lennar across Class A and Class B shares in a single stretch of buying, lifting its Class A stake past 25.3 million shares. Buffett's team is leaning into homebuilders at around $81 a share while elevated mortgage rates keep the rest of the market cautious.

Now 10% owner at LENNAR CORP /NEW/

Buffett crossing the 10% threshold at Lennar is the loudest vote of confidence in housing since mortgage rates froze builder sentiment, and it comes with a $16.4 billion market cap that leaves room for him to keep buying. Every Form 4 from here is now public, so investors get a live read on whether he is adding into the slowdown.

LENLennar Corporation
Reports Wed Sep 16After close4:45 PM ETConfirmed

Lennar reports at 4:45 PM ET today, and it is the cleanest live read on whether cheaper mortgages are actually moving new homes. Watch net orders, cancellations and incentive-driven gross margins, the numbers that tell you what builders are giving up to keep buyers at the table.

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