LEN
LennarPrevious close
86.94
Change
+1.48 / +1.73%
P/E (TTM) ?
15.7
Market Cap
$20.6B
1M
+6.56%
S&P 500 −0.91% over same period
Volume / Avg Volume
3.4M / 3.7M
0.93× average
Latest earnings analysisFY2026 Q2Reported 2026-06-11
Lennar FY2026 Q2: revenue down 5.2%, EPS $1.24 as margins stay thin
Lennar's second quarter of fiscal 2026 was a smaller, cheaper business than a year ago: revenue fell 5.2% to $7.94 billion and GAAP EPS dropped to $1.24 from $1.81. Read the quarter through two lenses — the year-over-year decline in price and gross margin, and the sequential improvement management is guiding to for the third quarter. The balance sheet is the stabilizer, with low leverage and a large buyback.
Read the full analysis →Revenue$7.94BYoY −5.20%
EPS (non-GAAP)$1.31
Next-day move−4.90%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-05 | 2026-06-11 | $7.9B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-02 | 2026-03-12 | $6.6B | Pending |
| FY2025 Q4 Quarter ended 2025-11 | 2025-12-16 | $34.2B | Pending |
| FY2025 Q3 Quarter ended 2025-08 | 2025-09-19 | $8.8B | Pending |
| FY2025 Q2 Quarter ended 2025-05 | 2025-06-17 | $8.4B | Pending |
| FY2025 Q1 Quarter ended 2025-02 | 2025-03-20 | $7.6B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 99 of its 5-year rangeExpensive
5-year range 7.9 – 13.9 · Median 11.3
Last 4 quarters: $993M in buybacks + $493M in dividends, 7.21% of market cap combined
P/E (TTM)
15.7
P/B
1.0
P/S
0.6
Dividend Yield
1.18%
Earnings Reaction
Over the last 6 reports, the stock moved ±3.6% on average on the first trading day after, rising 1 times
Most recent −4.90%
Volatility & Correlation
1-year beta 0.90 · Correlation with S&P 500 0.29Tracks the market
Annualized volatility 39% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
No open-market buys or sells by officers or directors in the last 90 days.
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 8.05 | −8.7% | — | 0.28 | 1.19 |
| FY2026 Q2 | 7.94 | −5.2% | — | 0.30 | 1.24 |
| FY2026 Q1 | 6.62 | −13.3% | — | 0.23 | 0.93 |
| FY2025 Q4 | 9.37 | −5.8% | — | 0.49 | 1.92 |
| FY2025 Q3 | 8.81 | −6.4% | — | 0.59 | 2.29 |
| FY2025 Q2 | 8.38 | −4.4% | — | 0.48 | 1.81 |
| FY2025 Q1 | 7.63 | +4.4% | — | 0.52 | 1.96 |
| FY2024 Q4 | 9.95 | −9.3% | — | 1.10 | 4.03 |
| FY2024 Q3 | 9.42 | +7.9% | — | 1.16 | 4.26 |
| FY2024 Q2 | 8.77 | +9.0% | — | 0.95 | 3.45 |
| FY2024 Q1 | 7.31 | +12.7% | — | 0.72 | 2.57 |
| FY2023 Q4 | 10.97 | +7.8% | — | 1.36 | 4.79 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| LEN | 15.7 | −8.7% | — | +6.56% | Neutral |
| AMZN | 19.4 | +12.1% | 53.2% | −3.53% | Neutral |
| TSLA | 495.1 | −0.2% | 19.6% | +12.68% | Neutral |
| HD | 23.3 | +5.7% | 33.7% | +15.72% | Neutral |
| MCD | 21.1 | +3.7% | 90.4% | +11.77% | Neutral |
| TJX | 25.8 | +5.4% | 33.4% | +6.05% | Bullish |
| SBUX | 59.0 | −1.4% | — | +10.33% | Neutral |
| LOW | 17.6 | +8.3% | 33.0% | +13.45% | Neutral |
| BKNG | 15.7 | +8.1% | — | −9.07% | Bullish |