The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

LEN

Concerning the House

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding South Central, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title insurance, and closing services for home buyers and others, as well as originating and selling securitization commercial mortgage loans. In addition, the company is involved in fund investment activities. It primarily serves first-time, move-up, active adult, and luxury homebuyers. The company was founded in 1954 and is based in Miami, Florida.

United States · www.lennar.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$34.23B+18.7%
Gross profit$1.09B+19.6%
Operating income$2.46B+27.6%
Net income$3.93B+33.5%
Cash from ops$2.40B+8.1%
Quotation

$87.54

+2.34 (+2.7%)

52w hi$139.59
52w lo$81.81
Vol1.38M
As ofAug 13
The Verdict

Sell

Our score -0.62

Short-0.47
Medium-0.76
Long-0.67

computed 2026-08-12

By the Numbers

Lennar Corporation

Consumer Cyclical · Residential Construction

Market cap$21.09B
Enterprise value$25.06B
Trailing P/E13.72x
Forward P/E13.51x
EV / EBITDA10.96x
P / S (ttm)0.64x
Profit margin4.9%
Return on equity7.4%
Revenue growth-5.2%
Earnings growth-31.5%
Debt / equity28.69
Risk Metrics
Beta vs SPX0.73
Corr SPX0.33
Annual vol35.5%
Annual ret-25.1%
Sharpe-0.71
Max DD-56.1%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.08
Sector+0.01
Technical-0.28
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-12

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$86.76$88.41$85.76$87.541.38M
Aug 12$87.53$87.53$85.05$85.201.79M
Aug 11$85.74$87.70$85.72$87.551.46M
Aug 10$87.76$87.76$85.12$85.601.64M
Aug 7$85.94$88.36$85.33$88.182.47M