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29.7 (1y: +42%)
Market Cap 5.91 B P/E(ttm) 11.60
Enterprise Value 9.53 B P/B 2.10
LEN.B- NYSE (USA)
Lennar Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$29.70
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry		 vs
history
Cash to Debt 0.272
LEN.B's Cash to Debt is ranked lower than
60% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 0.86 vs. LEN.B: 0.272 )
LEN.B' s 10-Year Cash to Debt Range
Min: 0.15   Max: 0.77
Current: 0.27
0.15
0.77
Equity to Asset 0.33
LEN.B's Equity to Asset is ranked lower than
66% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 0.51 vs. LEN.B: 0.33 )
LEN.B' s 10-Year Equity to Asset Range
Min: 0.3   Max: 0.48
Current: 0.33
0.3
0.48
Interest Coverage 3.4
LEN.B's Interest Coverage is ranked higher than
56% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 4.40 vs. LEN.B: 3.4 )
LEN.B' s 10-Year Interest Coverage Range
Min: 1   Max: 7
Current: 3.4
1
7
F-Score: 5
Z-Score: 2.11
M-Score: -2.81
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 7.80
LEN.B's Operating margin (%) is ranked higher than
79% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 3.50 vs. LEN.B: 7.80 )
LEN.B' s 10-Year Operating margin (%) Range
Min: -25.8   Max: 14.7
Current: 7.8
-25.8
14.7
Net-margin (%) 16.5
LEN.B's Net-margin (%) is ranked higher than
94% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 1.90 vs. LEN.B: 16.5 )
LEN.B' s 10-Year Net-margin (%) Range
Min: -24.2   Max: 16.5
Current: 16.5
-24.2
16.5
ROE (%) 19.9
LEN.B's ROE (%) is ranked higher than
95% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 2.60 vs. LEN.B: 19.9 )
LEN.B' s 10-Year ROE (%) Range
Min: -50.8   Max: 25.8
Current: 19.9
-50.8
25.8
ROA (%) 6.6
LEN.B's ROA (%) is ranked higher than
86% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 1.50 vs. LEN.B: 6.6 )
LEN.B' s 10-Year ROA (%) Range
Min: -21.3   Max: 11.1
Current: 6.6
-21.3
11.1
ROC (Joel Greenblatt) (%) 5.70
LEN.B's ROC (Joel Greenblatt) (%) is ranked higher than
65% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 3.90 vs. LEN.B: 5.70 )
LEN.B' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -56.2   Max: 44.1
Current: 5.7
-56.2
44.1
Revenue Growth (%) 2.7
LEN.B's Revenue Growth (%) is ranked higher than
78% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 0.00 vs. LEN.B: 2.7 )
LEN.B' s 10-Year Revenue Growth (%) Range
Min: -36.1   Max: 20.3
Current: 2.7
-36.1
20.3
» LEN.B's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

LEN.B Guru Trades in Q2 2012

Jim Simons 55,300 sh (+3.56%)
Charles Brandes 258,238 sh (+0.39%)
Tom Gayner 101,700 sh (unchged)
Mario Gabelli 424,050 sh (-0.48%)
» More
Q3 2012

LEN.B Guru Trades in Q3 2012

Jim Simons 78,300 sh (+41.59%)
Mario Gabelli 470,650 sh (+10.99%)
Tom Gayner Sold Out
Charles Brandes 255,588 sh (-1.03%)
» More
Q4 2012

LEN.B Guru Trades in Q4 2012

Jim Simons 121,000 sh (+54.53%)
Mario Gabelli 508,300 sh (+8%)
Jeremy Grantham 92,918 sh (unchged)
Charles Brandes 241,158 sh (-5.65%)
» More
Q1 2013

LEN.B Guru Trades in Q1 2013

Jeremy Grantham 131,000 sh (+40.98%)
Jim Simons 131,900 sh (+9.01%)
Mario Gabelli 517,625 sh (+1.83%)
Charles Brandes 151,198 sh (-37.3%)
» More
» Details

Insider Trades

Latest Guru Trades with LEN.B

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Charles Brandes 2013-03-31 Reduce -37.3%0.03%$28.42 - $34.84 $ 29.7-8%151198
Tom Gayner 2012-09-30 Sold Out 0.11%$22.59 - $29.4 $ 29.718%0
Mario Gabelli 2012-03-31 Add 930.75%0.06%$15.76 - $22.77 $ 29.767%426100
Tom Gayner 2011-12-31 New Buy0.08%$9.52 - $15.64 $ 29.7126%96700
Mario Gabelli 2011-12-31 New Buy0.01%$9.52 - $15.64 $ 29.7126%41339
Charles Brandes 2010-12-31 Add 36.67%0.01%$11.6301 - $15.62 $ 29.7124%314931
Charles Brandes 2010-06-30 New Buy0.02%$11.35 - $17.08 $ 29.7111%233146
Charles Brandes 2010-03-31 Sold Out 0.01%$9.84 - $14.84 $ 29.7132%0
Premium More recent guru trades are included for Premium Members only!!
» Financial Charts

Peter Lynch Chart

Ratios

vs
industry		 vs
history
P/E(ttm) 11.60
LEN.B's P/E(ttm) is ranked higher than
73% of the 301 Companies
in the Global Residential Construction industry.

( Industry Median: 17.60 vs. LEN.B: 11.60 )
LEN.B' s 10-Year P/E(ttm) Range
Min: 4.37   Max: 68.46
Current: 11.6
4.37
68.46
P/B 2.10
LEN.B's P/B is ranked lower than
71% of the 404 Companies
in the Global Residential Construction industry.

( Industry Median: 0.97 vs. LEN.B: 2.10 )
LEN.B' s 10-Year P/B Range
Min: 0.22   Max: 2.82
Current: 2.1
0.22
2.82
P/S 1.49
LEN.B's P/S is ranked lower than
66% of the 420 Companies
in the Global Residential Construction industry.

( Industry Median: 0.70 vs. LEN.B: 1.49 )
LEN.B' s 10-Year P/S Range
Min: 0.13   Max: 2.3
Current: 1.49
0.13
2.3
EV-to-EBIT 28.6
LEN.B's EV-to-EBIT is ranked lower than
64% of the 285 Companies
in the Global Residential Construction industry.

( Industry Median: 14.18 vs. LEN.B: 28.6 )
LEN.B' s 10-Year EV-to-EBIT Range
Min: 4.1   Max: 76.3
Current: 28.6
4.1
76.3
Shiller P/E 565.3
LEN.B's Shiller P/E is ranked lower than
100% of the Companies
in the Global Residential Construction industry.

( Industry Median: vs. LEN.B: 565.3 )
LEN.B' s 10-Year Shiller P/E Range
Min: 3.2   Max: 586.4
Current: 565.3
3.2
586.4

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.54
LEN.B's Dividend Yield is ranked lower than
52% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 0.65 vs. LEN.B: 0.54 )
LEN.B' s 10-Year Dividend Yield Range
Min: 0.05   Max: 14.29
Current: 0.54
0.05
14.29
Dividend Payout 0.0488
LEN.B's Dividend Payout is ranked higher than
99% of the 205 Companies
in the Global Residential Construction industry.

( Industry Median: 0.40 vs. LEN.B: 0.0488 )
LEN.B' s 10-Year Dividend Payout Range
Min: 0.01   Max: 0.34
Current: 0.05
0.01
0.34
Yield on cost (5-Year) 0.15
LEN.B's Yield on cost (5-Year) is ranked lower than
53% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 0.50 vs. LEN.B: 0.15 )
LEN.B' s 10-Year Yield on cost (5-Year) Range
Min: 0.02   Max: 4.4
Current: 0.15
0.02
4.4
Share Buyback Rate -4.3
LEN.B's Share Buyback Rate is ranked lower than
72% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 0.00 vs. LEN.B: -4.3 )
LEN.B' s 10-Year Share Buyback Rate Range
Min: 1.3   Max: -5.4
Current: -4.3

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 2
LEN.B's Price/Net Current Asset Value is ranked higher than
72% of the 348 Companies
in the Global Residential Construction industry.

( Industry Median: 3.80 vs. LEN.B: 2 )
LEN.B' s 10-Year Price/Net Current Asset Value Range
Min: 0.5   Max: 4.3
Current: 2
0.5
4.3
Price/Tangible Book 1.7
LEN.B's Price/Tangible Book is ranked lower than
69% of the 382 Companies
in the Global Residential Construction industry.

( Industry Median: 1.00 vs. LEN.B: 1.7 )
LEN.B' s 10-Year Price/Tangible Book Range
Min: 0.4   Max: 2.5
Current: 1.7
0.4
2.5
Price/DCF (Projected) 1
LEN.B's Price/DCF (Projected) is ranked higher than
55% of the 134 Companies
in the Global Residential Construction industry.

( Industry Median: 1.10 vs. LEN.B: 1 )
LEN.B' s 10-Year Price/DCF (Projected) Range
Min: 0.2   Max: 1.6
Current: 1
0.2
1.6
Price/Median PS Value 2.3
LEN.B's Price/Median PS Value is ranked lower than
78% of the 375 Companies
in the Global Residential Construction industry.

( Industry Median: 1.10 vs. LEN.B: 2.3 )
LEN.B' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 3.2
Current: 2.3
0.4
3.2
Price/Graham Number 0.9
LEN.B's Price/Graham Number is ranked lower than
54% of the 281 Companies
in the Global Residential Construction industry.

( Industry Median: 0.90 vs. LEN.B: 0.9 )
LEN.B' s 10-Year Price/Graham Number Range
Min: 0.7   Max: 1.4
Current: 0.9
0.7
1.4
Earnings Yield (Greenblatt) 3.50
LEN.B's Earnings Yield (Greenblatt) is ranked higher than
58% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 3.70 vs. LEN.B: 3.50 )
LEN.B' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.3   Max: 24.3
Current: 3.5
1.3
24.3
Forward Rate of Return (Yacktman) 5.97
LEN.B's Forward Rate of Return (Yacktman) is ranked higher than
88% of the 458 Companies
in the Global Residential Construction industry.

( Industry Median: 0.00 vs. LEN.B: 5.97 )
LEN.B' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 6.4   Max: 34.8
Current: 5.97
6.4
34.8

Business Description

Lennar Corporation was founded as a local Miami homebuilder in 1954. It is one of the nation's homebuilders and a provider of financial services. Its homebuilding operations include the construction and sale of single-family attached and detached homes, and to a lesser extent multi-level residential buildings, as well as the purchase, development and sale of residential land directly and through unconsolidated entities in which it has investments. The Company has grouped its homebuilding activities into four reportable segments, which it refers to as Homebuilding East, Homebuilding Central, Homebuilding West and Homebuilding Houston. It sells single-family attached and detached homes, and to a lesser extent, multi-level residential buildings, in communities targeted to first-time, move-up and active adult homebuyers. The Company offers a diversified line of homes for first-time, move-up and active adult homebuyers available in a variety of environments ranging from urban infill communities to golf course communities. It sells its homes mainly from models that it has designed and constructed. It strives to continually improve homeowner customer satisfaction throughout the pre-sale, sale, construction, closing and post-closing periods. The residential homebuilding industry is highly competitive. The Company competes for homebuyers in each of the market regions where it operates with numerous national, regional and local homebuilders, as well as with resales of existing homes and with the rental housing market. Homes and residential communities that it build must comply with state and local laws and regulations relating to, among other things, zoning, construction permits or entitlements, construction material requirements, density requirements, and requirements relating to building design and property elevation, building codes and handling of waste. The residential homebuilding industry is also subject to a variety of local, state and federal statutes, ordinances, rules and regulations concerning the protection of health and the environment.
Company Website
SEC Reports
Industry: Residential Construction
Compare:MDC, TOL, DWAHY, DITFY, MTH
Traded in other countries:LNN.Germany
» More Articles for LEN.B

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Arnold Schneider III’s Q3 Portfolio Updates: Top Reductions in KBH, RNR and CNX Nov 13 2012 
Rise in US Housing Construction Affects Homebuilding Stocks Oct 17 2012 
Short-Sellers Bet Against Homebuilders Sep 27 2012 
Another Down Year for Ken Heebner Jun 28 2012 
The Best Dividends on April 23, 2012 Apr 20 2012 
Dual-Class Arbitrage Idea 4 – Heico Oct 12 2011 

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