Added to YB: 2025-03-06
Pitch date: 2025-01-16
LEN [neutral]
Lennar Corporation
-30.76%
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
$20.9B
Pitch Price
$128.28
Price Target
N/A
Dividend
2.35%
EV/EBITDA
6.32
P/E
12.16
EV/Sales
0.53
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.
Read full article (1 min)