Added to YB: 2025-02-26
Pitch date: 2025-01-07
LEN [bullish]
Lennar Corporation
-25.23%
current return
Author Info
No bio for this author
Company Info
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States.
Market Cap
$20.9B
Pitch Price
$118.80
Price Target
320.00 (+260%)
Dividend
2.35%
EV/EBITDA
6.32
P/E
12.16
EV/Sales
0.53
Sector
Household Durables
Category
special_situation
Lennar Corporation - $LEN
LEN: Homebuilder spinning off land assets to Millrose REIT in Q1, becoming asset-light. Projected 13-14% EPS CAGR to $20 by 2027. PT $320 (16x P/E) + $22 Millrose value. Catalyst: Millrose spin transforms business model, enabling high growth & FCF. Strong mgmt, pristine balance sheet, 10% revenue CAGR, 13.5% op margin.
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