Lennar Is a Market Leader at a Good Price
Lennar(LEN) Gurufocus·2024-07-23 21:00
Lennar Corp. (LEN, Financial) is the second-largest homebuilder in the United States, trailing only D.R. Horton (DHI). Over the past five years, the two companies have outperformed the industry. D.R. Horton only slightly outperformed Lennar over this period, but the difference is pretty negligible. LEN Data by GuruFocusHomebuilding industry is poised to growSingle-family housing starts have been steadily increasing since the Great Recession in 2009.Source: Federal Reserve Bank of St. LouisThis increase is e ...