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NYSE:LEN
Lennar Corp. (LEN)
89.72
-0.01 (0.01%)
as of Jun 18, 2026, 8:58:18 pm Market Open.
37 watching
Financials 
Technical Analysis 0
PAST TOP PICK
(A Top Pick Aug 18/21, Down 14%) The home builders are in a recession now, but there's lots of potential ahead. It trades at 5x normalized earnings and has a strong balance sheet. He's hanging on. He will make money on this in the future.
Gordon ReidOwned
REAL ESTATE
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Premium contentTOP PICK
PAST TOP PICK
(A Top Pick Oct 23/20, Up 29%) He saw weakness here due to the Delta variant, which impacted sentiment, but in recent days that sentiment has risen (for Lennar and all homebuilders) according to statistics. LEN has a healthy backlog in the 35-39% growth range. Strong growth lies ahead, a strong balance sheet (26% debt-to-capital) and $2.8 billion in cash. Shares have come off 10-15% in the past month, but are starting to recover. You can dip your toe now.
Gordon ReidOwned
REAL ESTATE
Premium contentPAST TOP PICK
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly We reiterate our TOP PICK recommendation of LEN as the largest home builder in the US. Continued low interest rates has sparked demand growth in their prime markets of the Sun Belt, Florida and Texas, where housing inventory is already tight. JP Morgan recently put a $141 target price on the stock. It trades at only 10x earnings, compared to peers at over 20x and is valued currently at less than 2x book. It pays a dividend backed by a payout ratio under 10% of cash flow, while paying down debt and building cash reserves. We would buy this with stop at $96 -- looking to achieve $140 -- upside potential over 32%. Yield 0.95% (Analysts’ price target is $117.25)
REAL ESTATE
TOP PICK
Trades at 10x earnings, expanded gross margin by over 400 basis points. Talk of peak housing in the market, but we're not even close. This is a supply issue. Long-term demographics support expanding housing. In the sweet spot. Low interest rates plus desire to move out of cities. Yield is 0.97%. (Analysts’ price target is $117.40)
Gordon ReidOwned
REAL ESTATE
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly LEN recently reported revenue growth over 21%, easily beating the consensus outlook. New orders is creating a growing back log for the home builder company. Margins are doubling to over 26%, while SG&A expenses are declining -- all going directly to the bottom line. Cash reserves are over $2.5 billion, even after retiring over $300 million in debt, which resulted in S&P revising their rating to investment grade. The stock is setting up a nice technical foundation, which we think could propel the stock ultimately to $121 -- upside potential over 23%. We would buy this with a stop loss at $70. It also pays a dividend, backed by a payout ratio less than 15% of cash flow. Yield 1.02% (Analysts’ price target is $109.50)
REAL ESTATE
BUY
He predicts a good report next week, but it won't matter. Will the vaccines cease the flight to the suburbs and hurt this stock? The homebuilder stocks will do well post-Covid, because interest rates are so low, so people will keep buying homes. Unlikely that the Fed will raise rates anytime soon.
REAL ESTATE
TOP PICK
Low mortgage rates and a want to move to less dense housing has been a tailwind for home builders. Financing is quite cheap and there is a real issue with supply. Demand outstrips supply. (Analysts’ price target is $87.78)
Gordon ReidOwned
REAL ESTATE
BUY
The US housing strength keeps catching stock analysts by surprise. Lennar just released a fine quarter. Home building is surging along with great demand for it. This isn't supposed to happen considering high unemployment and businesses closing for so many., The pandemic has changed everything--if you work from home, you're not waiting for a vaccine, but converting your bedroom into an office. This work at home trend is a tailwind to furniture companies like Wayfair.
REAL ESTATE
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