10 Lowest PE Ratio Stocks in S&P 500

3. Lennar Corporation (NYSE:LEN)

P/E Ratio as of April 29: 7.89

Number of Hedge Fund Holders: 70

Lennar Corporation (NYSE:LEN) is a major US homebuilder, offering a range of homes from single-family to luxury properties. The company operates in different areas, including home construction, land development, and multifamily rentals. On April 4, UBS analysts reiterated a Buy rating and a $164 price target on Lennar. The analysts are positive about Lennar’s ability to align sales with production and stay agile in a changing market. LEN ranks 3rd on our list of stocks with a low PE ratio.

On April 9, Lennar Corporation (NYSE:LEN) declared a quarterly dividend of $0.50 per share for both Class A and Class B common stock. The dividend will be paid on May 7, to shareholders on record as of April 23.

Lennar Corporation (NYSE:LEN) reported Q1 2025 earnings of $520 million, down from $719 million a year ago. When excluding tech investment losses, earnings came in at $567 million, or $2.14 per share. The company exceeded its guidance by delivering over 17,800 homes and securing more than 18,300 new orders during the quarter. Despite tighter margins, Lennar maintained a strong balance sheet, buying back $703 million in stock, issuing dividends, and ending the quarter with $2.3 billion in cash and no debt on its $3 billion credit line.

According to Insider Monkey’s Q4 data, 70 hedge funds were bullish on Lennar Corporation (NYSE:LEN), compared to 68 funds in the preceding quarter. Greenhaven Associates was the largest stakeholder of the company, with 9.4 million shares worth over $1 billion.