(LEN-B) Lennar - Ratings and Ratios
Single-Family Homes, Multifamily Rentals, Mortgage Financing, Title Insurance
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.81% |
| Yield on Cost 5y | 3.40% |
| Yield CAGR 5y | 20.46% |
| Payout Consistency | 94.5% |
| Payout Ratio | - |
| Risk via 5d forecast | |
|---|---|
| Volatility | 33.8% |
| Value at Risk 5%th | 54.2% |
| Relative Tail Risk | -2.54% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.50 |
| Alpha | -34.01 |
| CAGR/Max DD | 0.21 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.505 |
| Beta | 0.709 |
| Beta Downside | 0.437 |
| Drawdowns 3y | |
|---|---|
| Max DD | 42.15% |
| Mean DD | 15.29% |
| Median DD | 9.87% |
Description: LEN-B Lennar December 17, 2025
Lennar Corporation (NYSE: LEN-B) is the largest U.S. homebuilder, operating under the Lennar brand across five regional homebuilding divisions (East, Central, Texas, West, and Other), a financial-services arm, a multifamily segment, and ancillary “Lennar Other” activities. Its core business constructs and sells single-family attached and detached homes, develops and parcels residential land, and builds and manages multifamily rental properties. The firm also provides end-to-end mortgage financing, title, insurance, and closing services, and it originates and securitizes commercial mortgage loans.
Key operating metrics as of Q3 2024 show a 12 % year-over-year increase in home sales volume to 9,800 units, driven by strong demand in the move-up and active-adult segments, while the company’s land-bank inventory sits at roughly 14 % of total projected build-out capacity-providing a buffer against supply constraints. Lennar’s financial-services segment contributed 7 % of total revenue, benefiting from a modest rise in average mortgage rates (currently ~6.8 % APR) that lifted net interest margins but also pressured buyer affordability.
Sector-wide, the homebuilding industry remains sensitive to macro-drivers such as the Federal Reserve’s monetary policy, housing-starts trends, and labor-cost inflation. The U.S. housing-starts index has risen 3 % YoY in Q3 2024, supporting demand, while the construction-materials price index remains elevated (+5 % YoY), compressing margins. Lennar’s diversified revenue mix-combining home sales, multifamily rentals, and financial services-helps mitigate exposure to any single driver.
For a deeper quantitative breakdown, the ValueRay platform offers a granular view of LEN-B’s valuation metrics.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 2.08b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -11.37 > 1.0 |
| NWC/Revenue: 37.49% < 20% (prev 53.90%; Δ -16.40% < -1%) |
| CFO/TA -0.02 > 3% & CFO -568.2m > Net Income 2.08b |
| Net Debt (617.4m) to EBITDA (2.91b): 0.21 < 3 |
| Current Ratio: 4.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (252.4m) vs 12m ago -5.57% < -2% |
| Gross Margin: 17.62% > 18% (prev 0.23%; Δ 1739 % > 0.5%) |
| Asset Turnover: 90.13% > 50% (prev 85.87%; Δ 4.26% > 0%) |
| Interest Coverage Ratio: 18.04 > 6 (EBITDA TTM 2.91b / Interest Expense TTM 118.1m) |
Altman Z'' 6.87
| A: 0.37 (Total Current Assets 16.09b - Total Current Liabilities 3.29b) / Total Assets 34.43b |
| B: 0.65 (Retained Earnings 22.47b / Total Assets 34.43b) |
| C: 0.06 (EBIT TTM 2.13b / Avg Total Assets 37.87b) |
| D: 1.83 (Book Value of Equity 22.51b / Total Liabilities 12.29b) |
| Altman-Z'' Score: 6.87 = AAA |
Beneish M
| DSRI: 0.63 (Receivables 1.00b/1.65b, Revenue 34.13b/35.48b) |
| GMI: 1.28 (GM 17.62% / 22.59%) |
| AQI: none (AQ_t none / AQ_t-1 none) |
| SGI: 0.96 (Revenue 34.13b / 35.48b) |
| TATA: 0.08 (NI 2.08b - CFO -568.2m) / TA 34.43b) |
| Beneish M-Score: cannot calculate (missing components) |
ValueRay F-Score (Strict, 0-100) 55.35
| 1. Piotroski: 6.50pt |
| 2. FCF Yield: -2.62% |
| 3. FCF Margin: -2.09% |
| 4. Debt/Equity: 0.19 |
| 5. Debt/Ebitda: 0.21 |
| 6. ROIC - WACC: -1.70% |
| 7. RoE: 9.25% |
| 8. Revenue Trend: 31.41% |
| 9. EPS Trend: data missing |
What is the price of LEN-B shares?
Over the past week, the price has changed by -3.13%, over one month by +6.20%, over three months by -15.35% and over the past year by -20.77%.
Is LEN-B a buy, sell or hold?
What are the forecasts/targets for the LEN-B price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 101.8 | -0.6% |
LEN-B Fundamental Data Overview January 27, 2026
P/E Forward = 13.8889
P/S = 0.779
P/B = 1.1745
P/EG = 2.2608
Revenue TTM = 34.13b USD
EBIT TTM = 2.13b USD
EBITDA TTM = 2.91b USD
Long Term Debt = 5.39b USD (from longTermDebt, two quarters ago)
Short Term Debt = 265.5m USD (from shortTermDebt, two quarters ago)
Debt = 4.08b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 617.4m USD (from netDebt column, last quarter)
Enterprise Value = 27.25b USD (26.63b + Debt 4.08b - CCE 3.47b)
Interest Coverage Ratio = 18.04 (Ebit TTM 2.13b / Interest Expense TTM 118.1m)
EV/FCF = -38.22x (Enterprise Value 27.25b / FCF TTM -713.0m)
FCF Yield = -2.62% (FCF TTM -713.0m / Enterprise Value 27.25b)
FCF Margin = -2.09% (FCF TTM -713.0m / Revenue TTM 34.13b)
Net Margin = 6.09% (Net Income TTM 2.08b / Revenue TTM 34.13b)
Gross Margin = 17.62% ((Revenue TTM 34.13b - Cost of Revenue TTM 28.12b) / Revenue TTM)
Gross Margin QoQ = 16.29% (prev 17.67%)
Tobins Q-Ratio = 0.79 (Enterprise Value 27.25b / Total Assets 34.43b)
Interest Expense / Debt = 1.21% (Interest Expense 49.3m / Debt 4.08b)
Taxrate = 27.10% (185.1m / 683.0m)
NOPAT = 1.55b (EBIT 2.13b * (1 - 27.10%))
Current Ratio = 4.89 (Total Current Assets 16.09b / Total Current Liabilities 3.29b)
Debt / Equity = 0.19 (Debt 4.08b / totalStockholderEquity, last quarter 21.96b)
Debt / EBITDA = 0.21 (Net Debt 617.4m / EBITDA 2.91b)
Debt / FCF = -0.87 (negative FCF - burning cash) (Net Debt 617.4m / FCF TTM -713.0m)
Total Stockholder Equity = 22.46b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.49% (Net Income 2.08b / Total Assets 34.43b)
RoE = 9.25% (Net Income TTM 2.08b / Total Stockholder Equity 22.46b)
RoCE = 7.65% (EBIT 2.13b / Capital Employed (Equity 22.46b + L.T.Debt 5.39b))
RoIC = 5.75% (NOPAT 1.55b / Invested Capital 27.03b)
WACC = 7.45% (E(26.63b)/V(30.72b) * Re(8.46%) + D(4.08b)/V(30.72b) * Rd(1.21%) * (1-Tc(0.27)))
Discount Rate = 8.46% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow -713.0m)
Revenue Correlation: 31.41 | Revenue CAGR: 11.60% | SUE: N/A | # QB: 0
Additional Sources for LEN-B Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle