Lennar (LEN)
Market Price (3/18/2026): $95.69 | Market Cap: $24.1 BilSector: Consumer Discretionary | Industry: Homebuilding
Lennar (LEN)
Market Price (3/18/2026): $95.69Market Cap: $24.1 BilSector: Consumer DiscretionaryIndustry: Homebuilding
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 2.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.4% | Weak multi-year price returns2Y Excs Rtn is -69%, 3Y Excs Rtn is -70% | Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 113x |
| Low stock price volatilityVol 12M is 37% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.5%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.6%, Rev Chg QQuarterly Revenue Change % is -5.8% | |
| Megatrend and thematic driversMegatrends include Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include IoT for Buildings, Energy Efficient Building Materials, Show more. | Key risksLEN key risks include [1] significant margin compression and eroding profitability driven by the need to offer increased sales incentives and price reductions. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 2.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.4% |
| Low stock price volatilityVol 12M is 37% |
| Megatrend and thematic driversMegatrends include Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include IoT for Buildings, Energy Efficient Building Materials, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -69%, 3Y Excs Rtn is -70% |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 113x |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.5%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.6%, Rev Chg QQuarterly Revenue Change % is -5.8% |
| Key risksLEN key risks include [1] significant margin compression and eroding profitability driven by the need to offer increased sales incentives and price reductions. |
Qualitative Assessment
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Lennar (LEN) stock has lost about 25% since 11/30/2025 because of the following key factors:
1. Disappointing Earnings Performance and Outlook.
Lennar reported an earnings per share (EPS) of $2.03 for Q4 2025, missing the consensus estimate of $2.30 by $0.27. This represented a significant year-over-year decrease from $4.06 per diluted share in Q4 2024. The trend continued into Q1 2026, with EPS of $0.88 falling short of the estimated $0.97. The company's subsequent guidance for fiscal year 2026 also prompted analysts to lower their earnings estimates and issue downgrades.
2. Weakening Housing Market Fundamentals and Buyer Caution.
The housing market continued to face macroeconomic headwinds, primarily persistent high mortgage rates, which ranged between 5.98% and 6.19% from December 2025 to February 2026. This sustained high-interest rate environment contributed to strained housing affordability and a decline in consumer confidence, leading potential homebuyers to adopt a "wait-and-see" approach and resulting in slower sales absorption rates.
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1. Disappointing Earnings Performance and Outlook.
Lennar reported an earnings per share (EPS) of $2.03 for Q4 2025, missing the consensus estimate of $2.30 by $0.27. This represented a significant year-over-year decrease from $4.06 per diluted share in Q4 2024. The trend continued into Q1 2026, with EPS of $0.88 falling short of the estimated $0.97. The company's subsequent guidance for fiscal year 2026 also prompted analysts to lower their earnings estimates and issue downgrades.
2. Weakening Housing Market Fundamentals and Buyer Caution.
The housing market continued to face macroeconomic headwinds, primarily persistent high mortgage rates, which ranged between 5.98% and 6.19% from December 2025 to February 2026. This sustained high-interest rate environment contributed to strained housing affordability and a decline in consumer confidence, leading potential homebuyers to adopt a "wait-and-see" approach and resulting in slower sales absorption rates.
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Stock Movement Drivers
Fundamental Drivers
The -25.8% change in LEN stock from 11/30/2025 to 3/17/2026 was primarily driven by a -21.3% change in the company's Net Income Margin (%).| (LTM values as of) | 11302025 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 130.72 | 97.03 | -25.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 34,766 | 34,187 | -1.7% |
| Net Income Margin (%) | 7.7% | 6.1% | -21.3% |
| P/E Multiple | 12.4 | 11.8 | -5.3% |
| Shares Outstanding (Mil) | 256 | 252 | 1.3% |
| Cumulative Contribution | -25.8% |
Market Drivers
11/30/2025 to 3/17/2026| Return | Correlation | |
|---|---|---|
| LEN | -25.8% | |
| Market (SPY) | -1.8% | 16.2% |
| Sector (XLY) | -4.3% | 35.5% |
Fundamental Drivers
The -26.5% change in LEN stock from 8/31/2025 to 3/17/2026 was primarily driven by a -34.0% change in the company's Net Income Margin (%).| (LTM values as of) | 8312025 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 131.99 | 97.03 | -26.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 35,372 | 34,187 | -3.4% |
| Net Income Margin (%) | 9.2% | 6.1% | -34.0% |
| P/E Multiple | 10.6 | 11.8 | 11.7% |
| Shares Outstanding (Mil) | 260 | 252 | 3.1% |
| Cumulative Contribution | -26.5% |
Market Drivers
8/31/2025 to 3/17/2026| Return | Correlation | |
|---|---|---|
| LEN | -26.5% | |
| Market (SPY) | 4.3% | 16.7% |
| Sector (XLY) | -2.1% | 34.6% |
Fundamental Drivers
The -17.4% change in LEN stock from 2/28/2025 to 3/17/2026 was primarily driven by a -45.2% change in the company's Net Income Margin (%).| (LTM values as of) | 2282025 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 117.53 | 97.03 | -17.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 35,441 | 34,187 | -3.5% |
| Net Income Margin (%) | 11.1% | 6.1% | -45.2% |
| P/E Multiple | 8.0 | 11.8 | 47.5% |
| Shares Outstanding (Mil) | 267 | 252 | 5.9% |
| Cumulative Contribution | -17.4% |
Market Drivers
2/28/2025 to 3/17/2026| Return | Correlation | |
|---|---|---|
| LEN | -17.4% | |
| Market (SPY) | 13.9% | 33.1% |
| Sector (XLY) | 5.5% | 44.8% |
Fundamental Drivers
The 4.8% change in LEN stock from 2/28/2023 to 3/17/2026 was primarily driven by a 104.3% change in the company's P/E Multiple.| (LTM values as of) | 2282023 | 3172026 | Change |
|---|---|---|---|
| Stock Price ($) | 92.59 | 97.03 | 4.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 33,671 | 34,187 | 1.5% |
| Net Income Margin (%) | 13.7% | 6.1% | -55.6% |
| P/E Multiple | 5.8 | 11.8 | 104.3% |
| Shares Outstanding (Mil) | 287 | 252 | 13.9% |
| Cumulative Contribution | 4.8% |
Market Drivers
2/28/2023 to 3/17/2026| Return | Correlation | |
|---|---|---|
| LEN | 4.8% | |
| Market (SPY) | 75.6% | 36.5% |
| Sector (XLY) | 59.2% | 43.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| LEN Return | 54% | -21% | 67% | -7% | -23% | -6% | 36% |
| Peers Return | 51% | -22% | 90% | 6% | -0% | -1% | 133% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -2% | 78% |
Monthly Win Rates [3] | |||||||
| LEN Win Rate | 75% | 42% | 58% | 67% | 33% | 67% | |
| Peers Win Rate | 75% | 42% | 65% | 57% | 45% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| LEN Max Drawdown | -4% | -44% | 0% | -7% | -24% | -10% | |
| Peers Max Drawdown | -4% | -42% | -0% | -7% | -19% | -4% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -3% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DHI, PHM, NVR, TOL, MTH. See LEN Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/17/2026 (YTD)
How Low Can It Go
| Event | LEN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -44.8% | -25.4% |
| % Gain to Breakeven | 81.3% | 34.1% |
| Time to Breakeven | 364 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -58.8% | -33.9% |
| % Gain to Breakeven | 142.7% | 51.3% |
| Time to Breakeven | 126 days | 148 days |
| 2018 Correction | ||
| % Loss | -47.0% | -19.8% |
| % Gain to Breakeven | 88.7% | 24.7% |
| Time to Breakeven | 581 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -93.5% | -56.8% |
| % Gain to Breakeven | 1441.5% | 131.3% |
| Time to Breakeven | 3,239 days | 1,480 days |
Compare to DHI, PHM, NVR, TOL, MTH
In The Past
Lennar's stock fell -44.8% during the 2022 Inflation Shock from a high on 12/10/2021. A -44.8% loss requires a 81.3% gain to breakeven.
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About Lennar (LEN)
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 Texas, 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 originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
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The General Motors of new home construction.
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- Homebuilding: Construction and sale of single-family attached and detached homes.
- Residential Land Development and Sales: Purchase, development, and sale of residential land.
- Multifamily Rental Property Development and Management: Development, construction, and management of multifamily rental properties.
- Residential Mortgage Financing: Providing residential mortgage loans for home buyers.
- Title Insurance and Closing Services: Offering title insurance and closing services for real estate transactions.
- Commercial Mortgage Loan Origination and Securitization: Originating and selling securitized commercial mortgage loans.
- Fund Investment Activity: Engaging in various fund investment activities.
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Lennar Corporation (LEN) primarily sells its homes and services to individual homebuyers.
The categories of customers it serves include:
- First-time homebuyers
- Move-up homebuyers
- Active adult homebuyers
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Stuart Miller, Executive Chairman and Chief Executive OfficerStuart Miller is the son of co-founder Leonard Miller, who took Lennar public in 1971. He began working at Lennar Corporation in the 1980s. Miller became the Chief Executive Officer of Lennar in 1997. He assumed the role of Executive Chairman in April 2018. From 1997 until 2005, he served as Chairman of the Board of LNR Property Corporation, a commercial real estate entity that was spun off from Lennar and later sold in February 2005.
Diane Bessette, Chief Financial Officer
Diane Bessette joined Lennar Corporation in 1995. During her tenure, she held various senior leadership positions, including Corporate Controller from 1997 to 2008. She was named Vice President in 2000 and served as Treasurer from February 2008 until April 2024. Bessette was appointed Chief Financial Officer in April 2018.
Katherine Lee Martin, Chief Legal Officer and Secretary
Katherine Lee Martin serves as Lennar's Chief Legal Officer and Secretary. She is part of a leadership team composed of innovative leaders and industry experts.
Fred Rothman, Chief Operating Officer
Fred Rothman is the Chief Operating Officer of Lennar Corporation. He has also held roles such as President of Eastern Homebuilding Operations and Regional President at Lennar.
Bruce Gross, Chief Executive Officer, Lennar Financial Services
Bruce Gross is the Chief Executive Officer of Lennar Financial Services, which provides mortgage financing, title insurance, and homeowners insurance. He previously served as Vice President and Chief Financial Officer of Lennar. Since joining Lennar in 1997, Gross has been instrumental in the company's strategic and operating initiatives, including multiple acquisitions, contributing significantly to Lennar's growth. Before joining Lennar, he helped launch Pacific Greystone Corporation and supported its growth through an initial public offering and its subsequent acquisition by Lennar.
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The key risks to Lennar's business are primarily driven by macroeconomic factors impacting the housing market and internal operational pressures.
- Interest Rate Sensitivity and Housing Affordability: High mortgage rates significantly dampen new-home demand and overall affordability, directly impacting Lennar's home sales and its financial services segment. A sustained period of elevated rates could further curtail sales volumes and reduce profitability, as evidenced by Lennar's recent performance lagging the S&P 500 due to higher mortgage rates squeezing demand. Higher interest rates also increase Lennar's costs for financing construction projects and land acquisition.
- Cyclical Downturns and Economic Uncertainty: The homebuilding industry is inherently cyclical and highly sensitive to broader economic conditions, employment levels, and consumer sentiment. A significant economic slowdown, a spike in unemployment, or geopolitical uncertainty could lead to reduced consumer confidence, increased home sale cancellations, and decreased demand for new homes.
- Margin Pressure from Costs and Incentives: Lennar faces ongoing pressure on its gross margins due to various factors. These include the use of buyer incentives and mortgage-rate buy-downs to stimulate sales in a challenging market, which can erode profitability. Additionally, rising material costs, labor shortages, and increasing land costs can inflate construction expenses and delay deliveries, further compressing margins.
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The emergence of advanced construction technologies, such as large-scale 3D printing for homes and highly automated modular building systems, presents a clear emerging threat to traditional homebuilders like Lennar. These technologies promise to significantly reduce construction time, labor costs, and material waste, potentially enabling faster, more affordable, and more sustainable housing production. If these methods achieve widespread adoption and scalability, they could disrupt established construction practices and create a competitive disadvantage for companies relying primarily on conventional stick-built construction methods.
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Lennar Corporation operates as a homebuilder and provides financial services, primarily in the United States. Its main addressable markets in the U.S. include residential construction, mortgage financing, and title insurance.
- Residential Construction Market (U.S.): The U.S. residential construction market size is estimated at USD 1.41 trillion in 2026, with projections to reach USD 1.76 trillion by 2031, growing at a compound annual growth rate (CAGR) of 4.53% between 2026 and 2031. For context, residential construction represented 54.3% of the total U.S. construction market in 2025, which was valued at USD 2.2 trillion.
- Mortgage Financing Market (U.S.): The total single-family mortgage origination volume in the U.S. is expected to reach $2.2 trillion in 2026, up from an estimated $2.0 trillion in 2025.
- Title Insurance Market (U.S.): The market size of the Title Insurance in the U.S. is estimated at $17.1 billion in 2025. The industry generated $4.5 billion in title insurance premiums during the second quarter of 2025.
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Lennar (LEN) is expected to drive future revenue growth over the next 2-3 years through several key strategies aimed at navigating the current housing market and leveraging operational strengths:
- Increased Home Deliveries and Volume Focus: Lennar has communicated a clear objective to increase its volume of home deliveries. For instance, the company is targeting approximately 85,000 home deliveries in 2026. This focus on consistent and high-volume production is a direct driver of revenue growth, as more units sold translate to higher top-line figures.
- Enhanced Operational Efficiency and Cost Management: The company is prioritizing operational improvements, including reducing direct construction costs and improving cycle times for home construction. These efficiencies, such as an 11% year-over-year reduction in cycle time for single-family detached homes to an all-time low of 122 days in Q1 2026, allow Lennar to maintain competitiveness and offer homes at more attractive price points, thereby stimulating demand and supporting revenue growth.
- Leveraging an Asset-Light Land Strategy: Lennar continues to expand its "asset-light" approach to land acquisition through off-balance sheet land banking relationships. This strategy reduces capital intensity and risk, improves inventory turnover (from 1.5% to 1.7% year-over-year in Q1 2025 and 2.2x to 2.5x quarter-over-quarter in Q1 2026), and enables the company to adapt more quickly to market conditions, supporting sustained homebuilding volume and revenue.
- Technology-Driven Sales and Customer Engagement: Investments in technology are improving customer engagement quality scores (up 7%) and increasing the efficiency of the sales process, including an 11% quarter-over-quarter increase in kept sales appointments. This digital transformation aims to convert online interest into actual home sales more effectively, directly contributing to revenue generation.
- Focus on Affordability and Meeting Market Demand: Recognizing challenges like elevated interest rates and affordability pressures, Lennar is adapting its offerings to meet market demand by focusing on delivering homes at prices and with incentives that buyers can afford. This includes refining products and optimizing "Everything's Included" packages, which helps maintain sales pace and volume in a challenging environment.
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Share Repurchases
- In January 2024, Lennar's Board of Directors authorized an expansion of its stock repurchase program, allowing for up to $5 billion in buybacks of Class A or Class B common stock with no set expiration date.
- Lennar repurchased $2.256 billion in shares during fiscal year 2024.
- In fiscal year 2025, the company repurchased $1.7 billion of its common stock.
Inbound Investments
- In March 2021, Lennar announced the formation of the Upward America Venture, which was initially capitalized with a total equity commitment of $1.25 billion. This venture, led by Centerbridge alongside Allianz Real Estate and other institutional investors, focuses on acquiring single-family homes for rent.
Outbound Investments
- In November 2024, Lennar entered into a definitive agreement to acquire Rausch Coleman Homes' homebuilding operations for $1 billion, expanding its market presence and contributing to its 2025 growth targets; the acquisition was completed in February 2025.
- Lennar made strategic technology investments in unconsolidated entities, totaling $239.3 million in fiscal 2024 and $127.5 million in fiscal 2023.
- In February 2025, Lennar completed the spin-off of Millrose Properties, Inc., an entity focused on land acquisition, development, and management, which is expected to have an asset base of $6.0-$8.0 billion.
Capital Expenditures
- From fiscal year 2021 to 2025, Lennar's capital expenditures averaged $116.5 million annually.
- Capital expenditures for Lennar peaked in fiscal year 2025 at $188.6 million.
- The primary focus of these capital expenditures is on Lennar's homebuilding operations, including the construction and sale of single-family homes and the development of residential land.
Latest Trefis Analyses
Trade Ideas
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|---|---|---|---|---|---|---|---|
| 02272026 | MBLY | Mobileye Global | Dip Buy | DB | Cash/EquityDip Buyer with High Net Cash % EquityBuying dips for companies with significant net cash as a % of market cap along with meaningful cash flow generation | 0.0% | 0.0% | 0.0% |
| 02202026 | SAH | Sonic Automotive | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -5.9% | -5.9% | -6.1% |
| 02132026 | MAT | Mattel | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 2.9% | 2.9% | 0.0% |
| 02132026 | SONO | Sonos | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -0.7% | -0.7% | -4.6% |
| 02062026 | DECK | Deckers Outdoor | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.6% | 1.6% | -0.8% |
| 10102025 | LEN | Lennar | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -3.3% | -3.3% | -13.4% |
| 03312022 | LEN | Lennar | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -6.7% | 31.9% | -20.2% |
| 09302018 | LEN | Lennar | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.3% | 20.0% | -18.4% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 131.74 |
| Mkt Cap | 21.2 |
| Rev LTM | 14,283 |
| Op Inc LTM | 2,235 |
| FCF LTM | 1,275 |
| FCF 3Y Avg | 1,555 |
| CFO LTM | 1,331 |
| CFO 3Y Avg | 1,624 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -3.5% |
| Rev Chg 3Y Avg | 0.3% |
| Rev Chg Q | -6.1% |
| QoQ Delta Rev Chg LTM | -1.7% |
| Op Mgn LTM | 13.8% |
| Op Mgn 3Y Avg | 16.0% |
| QoQ Delta Op Mgn LTM | -1.2% |
| CFO/Rev LTM | 10.8% |
| CFO/Rev 3Y Avg | 10.3% |
| FCF/Rev LTM | 10.2% |
| FCF/Rev 3Y Avg | 9.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 21.2 |
| P/S | 1.2 |
| P/EBIT | 8.5 |
| P/E | 11.2 |
| P/CFO | 14.6 |
| Total Yield | 10.3% |
| Dividend Yield | 1.0% |
| FCF Yield 3Y Avg | 6.6% |
| D/E | 0.2 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -15.0% |
| 3M Rtn | -7.4% |
| 6M Rtn | -15.7% |
| 12M Rtn | 3.3% |
| 3Y Rtn | 37.1% |
| 1M Excs Rtn | -13.3% |
| 3M Excs Rtn | -7.6% |
| 6M Excs Rtn | -17.6% |
| 12M Excs Rtn | -15.3% |
| 3Y Excs Rtn | -32.3% |
Comparison Analyses
Price Behavior
Price Behavior
| Market Price | $97.03 | |
| Market Cap ($ Bil) | 24.5 | |
| First Trading Date | 11/05/1987 | |
| Distance from 52W High | -31.3% | |
| 50 Days | 200 Days | |
| DMA Price | $111.40 | $117.49 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -12.9% | -17.4% |
| 3M | 1YR | |
| Volatility | 39.0% | 37.1% |
| Downside Capture | 65.21 | 82.50 |
| Upside Capture | -42.15 | 47.91 |
| Correlation (SPY) | 15.5% | 33.8% |
LEN Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.87 | 0.23 | 0.34 | 0.41 | 0.61 | 0.78 |
| Up Beta | -1.13 | -0.11 | 0.47 | 1.42 | 0.75 | 0.83 |
| Down Beta | 0.20 | 1.13 | 0.93 | 0.52 | 0.46 | 0.47 |
| Up Capture | -93% | 32% | -36% | -11% | 40% | 62% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 12 | 22 | 27 | 60 | 125 | 385 |
| Down Capture | -134% | -62% | 49% | 33% | 75% | 99% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 9 | 19 | 34 | 64 | 126 | 365 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LEN | |
|---|---|---|---|---|
| LEN | -16.4% | 37.1% | -0.41 | - |
| Sector ETF (XLY) | 15.9% | 23.5% | 0.56 | 46.4% |
| Equity (SPY) | 20.3% | 18.8% | 0.85 | 33.9% |
| Gold (GLD) | 68.2% | 26.2% | 1.97 | 3.2% |
| Commodities (DBC) | 19.1% | 17.3% | 0.89 | -0.4% |
| Real Estate (VNQ) | 7.6% | 16.1% | 0.27 | 52.7% |
| Bitcoin (BTCUSD) | -10.5% | 44.3% | -0.12 | 14.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LEN | |
|---|---|---|---|---|
| LEN | 2.7% | 35.0% | 0.15 | - |
| Sector ETF (XLY) | 7.5% | 23.6% | 0.28 | 54.9% |
| Equity (SPY) | 13.0% | 17.0% | 0.60 | 50.8% |
| Gold (GLD) | 23.4% | 17.2% | 1.11 | 8.7% |
| Commodities (DBC) | 11.0% | 19.0% | 0.47 | 3.5% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 55.1% |
| Bitcoin (BTCUSD) | 6.1% | 56.7% | 0.33 | 21.0% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LEN | |
|---|---|---|---|---|
| LEN | 9.4% | 37.0% | 0.35 | - |
| Sector ETF (XLY) | 12.8% | 21.9% | 0.53 | 56.6% |
| Equity (SPY) | 14.8% | 17.9% | 0.71 | 53.7% |
| Gold (GLD) | 14.4% | 15.6% | 0.76 | 10.4% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 15.3% |
| Real Estate (VNQ) | 5.8% | 20.7% | 0.24 | 56.1% |
| Bitcoin (BTCUSD) | 68.3% | 66.8% | 1.07 | 13.5% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/12/2026 | 2.6% | ||
| 12/16/2025 | -4.5% | -10.9% | 0.9% |
| 9/19/2025 | -4.2% | -1.0% | -0.7% |
| 6/17/2025 | -1.1% | 4.9% | 5.1% |
| 3/20/2025 | -4.0% | -1.7% | -13.6% |
| 12/18/2024 | -5.2% | -5.0% | -6.7% |
| 9/19/2024 | -5.3% | -4.9% | -1.6% |
| 6/17/2024 | -5.0% | -4.7% | 9.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 10 | 14 |
| # Negative | 14 | 14 | 10 |
| Median Positive | 2.6% | 5.7% | 6.6% |
| Median Negative | -4.1% | -3.8% | -4.9% |
| Max Positive | 13.8% | 31.7% | 38.8% |
| Max Negative | -7.6% | -10.9% | -13.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 11/30/2025 | 01/28/2026 | 10-K |
| 08/31/2025 | 10/03/2025 | 10-Q |
| 05/31/2025 | 07/01/2025 | 10-Q |
| 02/28/2025 | 04/04/2025 | 10-Q |
| 11/30/2024 | 01/23/2025 | 10-K |
| 08/31/2024 | 10/02/2024 | 10-Q |
| 05/31/2024 | 06/28/2024 | 10-Q |
| 02/29/2024 | 03/29/2024 | 10-Q |
| 11/30/2023 | 01/26/2024 | 10-K |
| 08/31/2023 | 09/29/2023 | 10-Q |
| 05/31/2023 | 06/30/2023 | 10-Q |
| 02/28/2023 | 04/04/2023 | 10-Q |
| 11/30/2022 | 01/26/2023 | 10-K |
| 08/31/2022 | 10/04/2022 | 10-Q |
| 05/31/2022 | 07/01/2022 | 10-Q |
| 02/28/2022 | 04/01/2022 | 10-Q |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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