Added to YB: 2025-03-06
Pitch date: 2025-01-16
LEN [neutral]
Lennar Corporation
-7.57%
current return
Author Info
No bio for this author
Company Info
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States.
Market Cap
$31.9B
Pitch Price
$129.54
Price Target
N/A
Dividend
1.54%
EV/EBITDA
7.74
P/E
12.82
EV/Sales
0.87
Sector
Household Durables
Category
turnaround
Aristotle Capital Value Equity Strategy Portfolio Holding: Lennar Corporation
LEN (earnings overview): Homebuilder hit by rising mortgage rates, lower orders, margin pressure. Using incentives, dynamic pricing to drive sales. Long-term demand strong, supply shortage persists. Shifting to asset-light model (82% land controlled via options). Open to acquisitions (e.g., Rausch Coleman Homes). Committed to volume-based strategy.
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