Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Lennar Corporation (LEN)

Company Dividend Discount ModelIndustry: Residential ConstructionSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$175.35 - $426.79$260.91
Multi-Stage$123.35 - $134.73$128.94
Blended Fair Value$194.93
Current Price$130.23
Upside49.68%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS60.55%32.55%2.131.671.701.200.760.200.190.150.140.13
YoY Growth--27.47%-1.71%41.40%58.82%279.06%4.67%30.71%6.47%6.42%1.27%
Dividend Yield--1.63%1.39%1.07%1.24%0.84%0.24%0.32%0.30%0.24%0.26%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,078.18
(-) Cash Dividends Paid (M)529.01
(=) Cash Retained (M)1,549.17
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)415.64259.77155.86
Cash Retained (M)1,549.171,549.171,549.17
(-) Cash Required (M)-415.64-259.77-155.86
(=) Excess Retained (M)1,133.531,289.391,393.30
(/) Shares Outstanding (M)258.05258.05258.05
(=) Excess Retained per Share4.395.005.40
LTM Dividend per Share2.052.052.05
(+) Excess Retained per Share4.395.005.40
(=) Adjusted Dividend6.447.057.45
WACC / Discount Rate9.38%9.38%9.38%
Growth Rate5.50%6.50%7.50%
Fair Value$175.35$260.91$426.79
Upside / Downside34.64%100.35%227.72%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,078.182,213.262,357.122,510.342,673.512,847.292,932.70
Payout Ratio25.46%38.36%51.27%64.18%77.09%90.00%92.50%
Projected Dividends (M)529.01849.111,208.581,611.192,061.042,562.562,712.75

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.38%9.38%9.38%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)769.03776.32783.60
Year 2 PV (M)991.361,010.251,029.31
Year 3 PV (M)1,196.971,231.341,266.35
Year 4 PV (M)1,386.771,440.101,494.95
Year 5 PV (M)1,561.601,637.031,715.34
PV of Terminal Value (M)25,926.0527,178.2928,478.45
Equity Value (M)31,831.7833,273.3134,768.00
Shares Outstanding (M)258.05258.05258.05
Fair Value$123.35$128.94$134.73
Upside / Downside-5.28%-0.99%3.46%

High-Yield Dividend Screener

« Prev Page 45 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
558.SIUMS Holdings Limited3.60%$0.0588.87%
601019.SSShandong Publishing&Media Co.,Ltd3.60%$0.3141.99%
603233.SSDaShenLin Pharmaceutical Group Co., Ltd.3.60%$0.6463.21%
603658.SSAutobio Diagnostics Co., Ltd.3.60%$1.2766.33%
603661.SSHenglin Home Furnishings Co.,Ltd3.60%$1.1557.55%
6371.TTsubakimoto Chain Co.3.60%$83.2737.31%
FSMART.BKForth Smart Service Public Company Limited3.60%$0.2331.86%
KABE-B.STKABE Group AB (publ.)3.60%$8.0076.60%
SKLT.JKPT Sekar Laut Tbk3.60%$9.0042.24%
TFMAMA.BKThai President Foods Public Company Limited3.60%$6.9357.58%
002469.SZShandong Sunway Chemical Group Co., Ltd.3.59%$0.3072.05%
216050.KQIncross Co., Ltd.3.59%$241.9426.78%
2845.TWFar Eastern International Bank Ltd.3.59%$0.4654.51%
6461.TNippon Piston Ring Co., Ltd.3.59%$68.2725.12%
7751.TCanon Inc.3.59%$166.4591.69%
E4C.DEEcotel Communication Ag3.59%$0.4282.27%
LHA.DEDeutsche Lufthansa AG3.59%$0.3122.46%
NTBThe Bank of N.T. Butterfield & Son Limited3.59%$1.7833.40%
SVOA.BKSVOA Public Company Limited3.59%$0.0521.40%
TRAC-B.STAB Traction3.59%$9.0082.36%
0IX0.LGL Events S.A.3.58%$1.0420.20%
0QNG.LJungfraubahn Holding AG3.58%$10.2542.20%
3231.TNomura Real Estate Holdings, Inc.3.58%$34.6440.45%
4106.TWWellell Inc.3.58%$0.8058.20%
EIK.ICEik fasteignafélag hf.3.58%$0.5024.04%
053690.KSHanmiGlobal Co., Ltd.3.57%$642.0628.05%
286940.KSLotte Innovate Co Ltd3.57%$699.8899.32%
601158.SSChongqing Water Group Co.,Ltd.3.57%$0.1691.61%
ILC.SNInversiones La Construcción S.A.3.57%$650.4128.71%
058850.KSKtcs Corporation3.56%$100.0915.29%
1294.TWOHantech Bio-Technology Co., Ltd.3.56%$2.8166.03%
3283.TNippon Prologis REIT, Inc.3.56%$3,304.8853.00%
688121.SSShanghai Supezet Engineering Technology Corp., Ltd.3.56%$0.3973.41%
EMIRATESNBD.AEEmirates NBD Bank PJSC3.56%$1.0228.25%
FLEXO.ATFlexopack Société Anonyme Commercial and Industrial Plastics Company3.56%$0.3017.58%
006040.KSDongwon Industries Co., Ltd.3.55%$1,474.3049.91%
2715.TElematec Corporation3.55%$84.9964.74%
3700.HKInkeverse Group Limited3.55%$0.0411.74%
600958.SSOrient Securities Company Limited3.55%$0.3963.25%
7955.TCleanup Corporation3.55%$31.0045.30%
ISAT.JKPT Indosat Ooredoo Hutchison Tbk3.55%$83.7958.49%
PBSA.JKPT Paramita Bangun Sarana Tbk3.55%$55.0071.03%
004800.KSHyosung Corporation3.54%$3,986.8920.54%
6414.TWEnnoconn Corporation3.54%$10.1352.07%
WIHL.STWihlborgs Fastigheter AB (publ)3.54%$3.2044.13%
002081.SZSuzhou Gold Mantis Construction Decoration Co., Ltd.3.53%$0.1270.03%
0RHV.LInvestis Holding S.A.3.53%$5.1018.83%
2760.TTokyo Electron Device Limited3.53%$119.8646.59%
5515.TWChien Kuo Construction Co., Ltd.3.53%$1.2751.00%
600603.SSGuanghui Logistics Co.Ltd3.53%$0.2263.76%