Lennar Corporation (LEN · NYSE)
LEN · MARKET VIEW
Market view · as of Sep 21, 2026
Price (last ~year)
Lennar shares fell 4.1% to $76.43, extending a 17.3% three-month decline and touching a 52-week low, with volume at 3.0x the 20-day average and RSI at 27. The homebuilder's fundamentals are deteriorating: revenue fell 8.7% year over year to $31.97B TTM, earnings dropped 48.0%, and quarterly net income has slid from $490.2M in November 2025 to $283.9M in the August 2026 quarter. Free cash flow was negative $303.2M in the quarter ended May 31, though the balance sheet remains liquid with $1.15B in cash, a current ratio of 8.38, and debt/EBITDA of 2.2x. The stock trades at 0.854x book and 14.48x earnings, below the $81.15 analyst target, having beaten estimates in two of the last four quarters.
Valuation
- Market cap
- $18.41B
- P/E
- 14.48
- PEG
- 11.3
- P/B
- 0.854
- P/S
- 0.576
- EV/EBITDA
- 11.95
- Beta
- 1.398
- Analyst target
- $81.15
Quality & returns
- Gross margin
- 16.0%
- Operating margin
- 5.8%
- Profit margin
- 4.1%
- ROE
- 6.0%
- ROA
- 3.4%
Price movement
- Last
- $76.43
- 1-month
- -10.5%
- 3-month
- -17.3%
- RSI (14)
- 27
- vs SMA200
- -20.0%
- 52-wk position
- 0.0% -41.7% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-08-31 | $8.05B | $459.8M | $283.9M | $446.2M |
| 2026-05-31 | $7.94B | $348.4M | $308.1M | $468.5M |
| 2026-02-28 | $6.62B | $233.1M | $229.4M | $335.8M |
| 2025-11-30 | $9.37B | $667.0M | $490.2M | $718.0M |
Recent news
- Neutral Boyd Gaming sells former Las Vegas casino site for nearly $29M · 2026-09-20
- Neutral Integrated Wealth Concepts LLC Sells 2,066 Shares of Ulta Beauty Inc. $ULTA · 2026-09-20
- Somewhat-Bullish Bank of America Corp DE Makes New $79.55 Million Investment in Rexford Industrial Realty, Inc. $REXR · 2026-09-20
- Neutral Bank of America Corp DE Buys Shares of 2,491,103 Gen Digital Inc. $GEN · 2026-09-20
- Neutral Nykredit A S Makes New $21.08 Million Investment in Blackstone Inc. $BX · 2026-09-20
- Somewhat-Bullish HighTower Advisors LLC Decreases Stock Holdings in Matador Resources Company $MTDR · 2026-09-20
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)