With a market cap of $22.3 billion, Lennar Corporation (LEN) primarily constructs and sells single-family homes while also purchasing, developing, and selling residential land. It operates through several segments, including Homebuilding (East, Central, South Central, and West), Financial Services, Multifamily, and Lennar Other.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Lennar fits this criterion perfectly. In addition to homebuilding, Lennar provides mortgage financing, title insurance, and closing services, and also develops and manages multifamily rental properties.