LENNAR CORP /NEW/ (LEN.B)
NYSE · Construction · General Bldg Contractors - Residential Bldgs
- Price
- $79.88
- Day
- -0.15%
- Market cap
- $19.23B
- P/E
- 11.7
Close 2026-09-24.
The company
We are one of the largest homebuilders in the United States by deliveries, revenues and net earnings, an originator of residential and commercial mortgage loans, a provider of title insurance and closing services and a developer of multifamily rental properties. In addition, we are a sponsor and manager of funds and joint ventures engaged in development and ownership of multifamily rental properties and a sponsor and manager of a fund engaged in ownership of single-family rental properties. We also have investments in companies that are engaged in applying technology to improve the homebuilding industry and real estate related aspects of the financial services industry. Our 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 directly through entities in which we have investments. New home deliveries, including deliveries from unconsolidated entities, were 82,583 in fiscal 2025, compared to 80,210 in fiscal 2024 and 1 Table of Contents 73,087 in fiscal 2023. We primarily sell homes in communities targeted to first-time, move-up, active adult, and luxury homebuyers. The average sales price of a Lennar home varies depending on product and geographic location. For fiscal 2025, the average sales price, excluding deliveries from unconsolidated entities, was $391,000, compared to $423,000 in fiscal 2024 and $445,000 in fiscal 2023.
By product & service
- Real Estate Other — 94%
- Other Revenue — 6%
- Land — 0%
Institutional holders
Largest positions reported on Form 13F for the quarter ended 2026-06-30, by value.
- GABELLI FUNDS LLC — $100.97M
- VANGUARD CAPITAL MANAGEMENT LLC — $89.53M
- VANGUARD PORTFOLIO MANAGEMENT LLC — $39.96M
- GAMCO INVESTORS, INC. ET AL — $39.86M
- GREENHAVEN ASSOCIATES INC — $32.3M
- Berkshire Hathaway Inc — $26.45M
- NORGES BANK — $20.34M
- BlackRock, Inc. — $19.09M
Recent filings
- 3 — 2026-09-21
- 4 — 2026-09-21
- 8-K — 2026-09-16
- 4 — 2026-09-02
- 4 — 2026-09-02
- SCHEDULE 13G — 2026-08-14
- 4 — 2026-07-14
- 4 — 2026-07-14
- 4 — 2026-07-14
- 4 — 2026-07-14