Added to YB: 2025-03-06
Pitch date: 2025-01-16
LEN [neutral]
Lennar Corporation
-9.96%
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
$30.0B
Pitch Price
$128.96
Price Target
N/A
Dividend
1.64%
EV/EBITDA
8.08
P/E
15.32
EV/Sales
0.77
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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