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How to Buy Lennar Stock

Lennar Corp

Lennar is a construction company located in Florida, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker LEN on the NYSE exchange.

Lennar stock last closed at $156.12, down 2.36% from the previous day, and has increased 47.23% in one year. It has overperformed other stocks in the Residential Construction industry by 0.09 percentage points. Lennar stock is currently +51.72% from its 52-week low of $102.90, and -9.54% from its 52-week high of $172.59.

At the moment, there are 278.34M shares of LEN outstanding. The market value of LEN is $43.45B. In the last 24 hours, 2.31M LEN shares were traded.

How to Buy Lennar Stock

Not sure how to invest in Lennar stock? Here's how.
  1. Choose where to buy Lennar stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Lennar stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Choose your payment method and add your information.
  4. Analyze Lennar stock: The Lennar ticker symbol is LEN. Is Lennar stock a good investment? Should you buy shares of LEN? How do LEN's underlying business fundamentals look? Do top analysts think Lennar is a good buy? Why has LEN's stock price moved recently? (Hint: Our stock market research tools can help you understand if LEN is a good stock to buy).
  5. Place your LEN trade: Decide if you will purchase LEN shares at the current market price or use a limit order to buy LEN shares at a particular price.
  6. Keep tabs on your LEN investment: Create a watchlist to watch your new investment in Lennar stock.

Step 1: Choose where to buy Lennar stock

You need a brokerage account to access the NYSE market and buy LEN stock.

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Step 2: Sign up for your brokerage account

Now that you've selected the best brokerage, it's time to fill out some personal information so you can buy LEN stock today.

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Step 3: Fund your brokerage account

Now that you have opened your account on the best stock buying app, you need to deposit funds:

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Step 4: Analyze Lennar stock

Once you have identified the best place to buy Lennar stock, it's critical to evaluate their stock before you invest, so you truly wrap your head around the risk as well as the upside.

Lennar stock data

LEN Price
$156.12
1w %
-5.39%
1y %
47.23%
5y %
205.28%
P/E
10.96x
P/B
1.63x
P/S
1.24x
PEG
0.52x
Revenue
$35.06B
Earnings
$4.06B
Fore. Rev. Growth
4.42%
Fore. Earn. Growth
23.39%
Market Cap
$43.45B
Next Earnings
Jun 12, 2024
Next Dividend
May 8, 2024

Lennar Fundamentals

WallStreetZen was designed to help part-time investors do better fundamental analysis in less time.

You can view all of the due diligence checks on LEN's stock page.

Is LEN stock properly valued?

Analysts use many financial metrics, analyses, models, and charts to gauge LEN's fair value.

Using relative valuations metrics:

  • LEN may be undervalued based on its P/E ratio of 10.96x, relative to Residential Construction industry P/E ratio of 11.67x
  • LEN may be undervalued based on its P/B ratio of 1.63x, relative to Residential Construction industry P/B ratio of 1.96x
  • LEN may be undervalued based on its PEG ratio of 0.52x

You can do additional valuation analysis on LEN's stock here.

LEN Financial Health Overview

Positive Financial Indicators:

  • LEN earnings of $5.33B is not sufficient to cover its interest payments.
  • LEN's operating cash flow of $4.57B allows it to safely service it's debt of $2.83B.
  • Total LEN debt is lower than 5 years ago, relative to shareholder equity.

Negative Financial Indicators:

  • LEN profit margin has gone down from 13.9% to 11.6% in the past year.
  • LEN has a relatively high debt to equity ratio of 0.46.

Is LEN stock a Buy, Hold, or Sell, according to analysts?

Out of 13 Equities analysts who research LEN, the consensus analyst rating on LEN is a Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

Latest LEN Analyst Forecasts

John Lovallo, a top 5% analyst from UBS maintains LEN with a strong buy rating and raises their LEN price target from $190.00 to $198.00, on Mar 15, 2024.

Stephen Kim, a top 8% analyst from Evercore ISI Group maintains LEN with a buy rating and raises their LEN price target from $224.00 to $238.00, on Mar 15, 2024.

Sam Reid, a top 27% analyst from Wells Fargo maintains LEN with a strong buy rating and raises their LEN price target from $165.00 to $175.00, on Mar 15, 2024.

Matthew Bouley, a top 1% analyst from Barclays maintains LEN with a strong buy rating and raises their LEN price target from $173.00 to $180.00, on Mar 15, 2024.

Buck Horne, a top 12% analyst from Raymond James maintains LEN with a buy rating and raises their LEN price target from $150.00 to $165.00, on Dec 19, 2023.

You can dig deeper into what analysts are forecasting on the Lennar stock forecast page.

LEN Technical Indicators

SMA10
162.13
SMA20
163.65
SMA50
159.31
SMA100
151.48
SMA200
134.91
MACD
-0.09
MACD Signal
1.31
MACD Histogram
-1.39
RSI
42.47
Stochastic %K
15.74
Stochastic %D
18.6
StochRSI %K
12.15
StochRSI %D
12.24

LEN Performance Numbers

Last year, LEN earnings were $4.06B. In the last 5 year, LEN's earnings have gone up by 20.65% per year. This was slower than the Residential Construction industry average of 22.73%.

Last year, LEN revenue was $35.06B. Over the past 5 year, LEN's revenue has gone up by 10.31% per year. This was slower than the Residential Construction industry average of 11.91%.

You can analyze LEN's earnings and revenue performance here.

Are LEN executives and large shareholders buying or selling the stock?

In the last 12 months, insiders at LEN have sold more shares than they have bought.

Amy Banse, Director of LEN, was the latest LEN insider to buy. They bought $247,275.00 worth of LEN stock on Apr 10, 2024.

Get more info about who owns LEN stock here.

Can I get consistent income from LEN stock?

Lennar pays a dividend of 1.04%, compared to the Residential Construction industry's average dividend yield of 1.24%. If you owned $1,000 of LEN stock, you would have been paid $10.41 last year.

Lennar dividend payments have consistently grown over the past decade and have remained stable.

Find more analysis about Lennar dividend yield and history here.

What do other investors have to say about LEN?

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Step 5: Place your LEN trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine for most investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price limit, use a limit order.

Press the Open button and your broker will place your order.

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Step 6: Keep tabs on your LEN investment

Now that you own some shares in LEN, you'll want to stay up-to-date on your new shares.

Add LEN to a watchlist to monitor your LEN stock.

LEN Feed

How to Buy Stock in Lennar

To summarize, here are the 6 steps to buy stock in Lennar:

  1. Choose where to buy Lennar stock
  2. Sign up for your brokerage account
  3. Fund your brokerage account
  4. Analyze Lennar stock
  5. Place your LEN trade
  6. Keep tabs on your LEN investment

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Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your investment in Lennar, add LEN to your watchlist by clicking the button below.

NYSE: LEN
$156.12-3.78 (-2.36%)
Updated Apr 15, 2024
Open eToro Account
NYSE: LEN
$156.12-3.78 (-2.36%)
Updated Apr 15, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lennar share?

As of Apr 15, 2024, it costs $156.12 to buy one share of Lennar stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.641 shares of LEN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Lennar stock?

According to 13 Wall Street analysts who monitor Lennar, their consensus recommendation is to buy Lennar stock.

What is the best way to buy Lennar stock?

One way to place an order for Lennar stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.