Revenue segments as reported by the company.

Homebuilding

Financial Services

Multifamily 

Lennar Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Equity in earnings (loss) from unconsolidated entities, and other gain

Other expense, net

Lennar Other realized and unrealized gain (loss)

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Lennar

Lennar Corp. is a homebuilder company which engages in the provision of real estate related financial and investment management services. It operates through the following segments: Homebuilding East, Central, Texas, and West, Financial Services, Multifamily, and Lennar Other. The Homebuilding East, Central, Texas, and West segment constructs and sells homes primarily for first-time, move-up, and active adult homebuyers primarily under the Lennar brand name. In addition, the company's homebuilding operations purchase, develop, and sell land to third parties. The Financial Services segment focuses on mortgage financing, title, and closing services for buyers. The Multifamily segment is involved in the development, construction, and property management of multifamily rental properties. The Lennar Other segment includes strategic investments in technology companies. The company was founded by Gene Fisher and Arnold Paul Rosen in 1954 and is headquartered in Miami, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lennar manages market challenges, eyes growth through strategic initiatives

Lennar tackled market challenges with a focus on volume and cash flow.
Strong balance sheet and liquidity position the company well for growth.
Challenges include market volatility, pricing pressures, and supply shortages.
Opportunities lie in optimizing assets, strategic cash management, and proactive risk mitigation.

Lennar reports strong Q2 results, eyes growth through affordability

Lennar's Q2 performance showcased strength in financial services, cost management, and balance sheet improvements.
Challenges include moderating rental rates, supply chain disruptions, and maintaining cash flow amidst reduced owned lots.
Opportunities for growth through strategic partnerships, market share expansion, and capital allocation strategies are key focus areas.
Overall, Lennar's focus on production consistency, affordability, and strategic growth positions it well for future success.

Lennar reports strong Q3 results, eyes community growth opportunities

Lennar's strong Q3 performance reflects increased home starts, sales, and improved margins.
The company's focus on production efficiency, cost reduction, and land acquisitions is driving profitability.
Challenges include managing pricing dynamics and balancing returns versus growth.
Opportunities lie in community count growth, potential Quarterra plans revival, and strategic initiatives for cash flow.

Lennar delivers strong Q4 results, eyes growth through volume

Lennar's Q4 performance showcased growth in home deliveries and a strong financial position. The company's strategic focus on volume and efficiency drives market share gains. Challenges include managing negative leverage and interest rate impacts.

Lennar excels in Q1, addresses affordability challenges with innovation

Lennar's strong performance in Q1 driven by volume and margin improvements
Balanced focus on efficiency, affordability, and financial strength
Challenges include affordability concerns and market volatility
Opportunities lie in innovative housing solutions and strategic financial moves

Lennar Q2 2024: Strong Margins, Asset-Light Strategy Progress

Lennar's Q2 2024 earnings call highlighted strong operational and financial performance, with significant progress in their transition to an asset-light business model. The company is navigating macroeconomic challenges effectively, while strategic initiatives like the land asset spin-off present new growth opportunities. Continued focus on operational efficiency and strategic asset management is expected to sustain Lennar's market leadership.

Lennar reports strong Q3 earnings and growth outlook amidst challenges

Lennar's Q3 performance reflects strong earnings in key segments and a robust cash position, setting a positive tone for future growth.
While facing challenges like housing shortages and margin fluctuations, Lennar's strategic initiatives and market positioning offer opportunities for long-term success.
Efforts to enhance affordability and operational efficiency position Lennar well to navigate market dynamics and drive sustainable growth in the housing sector.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

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EBITDA

Net income

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Intangibles

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Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

Cash from operations

Funds from operations

Change in working capital

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Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

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Cash from other sources

Net change in cash

Free cash flow

Lennar Corp. engages in the provision of real estate related financial and investment management services. It operates through the following segments: Homebuilding, Financial Services, Multifamily, and Lennar Other. The Homebuilding segment refers to the construction and sale of single-family attached and detached homes and the purchase, development, and sale of residential land directly and through entities. The Financial Services segment focuses on mortgage financing, title, and closing services for buyers. The Multifamily segment is involved in the development, construction, and property management of multifamily rental properties. The Lennar Other segment includes funds, asset management platform, and strategic investments in technology companies. The company was founded in 1954 and is headquartered in Miami, FL.

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LOGANVILLE, Ga., Jan. 27, 2022 /PRNewswire/ --  LMC , a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, today announced the opening of Emblem Grayson  apartment community in Loganville, Ga.

LMC Announces Opening of Emblem Grayson

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7 Housing Stocks to Watch as Investors Question the Bull Thesis

Although a rise in input prices and land/labor costs pose risks, higher demand is likely to drive the industry. DHI, LEN, TOL, PHM and KBH are well positioned to gain.

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Shares of Lennar Corporation (NYSE: LEN) have come down roughly 10% this month, and KeyBanc Capital Markets says the road is likely to remain bumpy in the coming months as well. Zener sees a 15% downside in Lennar Corp In a note this morning, KeyBanc's Kenneth Zener downgraded Lennar to “underweight” with a price target […] The post KeyBanc just raised the alarm on homebuilder stocks appeared first on Invezz.

KeyBanc just raised the alarm on homebuilder stocks

KeyBanc analyst Kenneth Zener downgraded Lennar Corp  (NYSE:LEN) to Underweight from Sector Weight with an $86 price target, implying a 13% downside. The analyst thinks builders' operational success cannot offset cyclical tailwinds ebbing in time.

KeyBanc Downgrades Lennar - Read Why

Lennar (LEN) is likely to gain from robust home buying activity and other operational initiatives.

Time to Invest in a Housing Stock: Buy Lennar (LEN) Now

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Focus on operational excellence, land strategy and cash flow enable Lennar (LEN) to boost quarterly dividend by 50%.

Lennar (LEN) Lures Investors Via 50% Quarterly Dividend Hike

The shares of Lennar Corporation (NYSE:LEN) are up 2.4% to trade at $110.56 at last check, after the home construction company increased its annual dividend by 50% to $1.50 per share.

Lennar Stock Moves Higher on Dividend Hike

Lennar Corp (NYSE: LEN) said its Board of Directors had increased its annual dividend by 50% to $1.50 from $1.00 per share. The move has resulted in a quarterly cash dividend of $0.375 per share for Class A and Class B common stock.

Lennar Hikes Dividend By 50%

MIAMI, Jan. 12, 2022 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has increased its annual dividend to $1.50 per share from $1.00 per share, resulting in a quarterly cash dividend of $0.375 per share for both Class A and Class B common stock. The dividend is payable on February 10, 2022 to holders of record at the close of business on January 27, 2022.

Lennar Corporation Increases Annual Dividend to $1.50 Per Share

DENVER, Jan. 11, 2022 /PRNewswire/ --  LMC , a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, today announced the start of leasing at Citizen, a high-rise community in Denver's historic Golden Triangle neighborhood – the city's hub for art, culture and civic institutions. Citizen features 393 luxury apartment homes and townhomes in Denver's coveted Golden Triangle Neighborhood, just outside the hustle and bustle of downtown but with prime walkability and connectivity.

LMC Announces Start of Leasing at Citizen

The SPDR S&P Homebuilders ETF had a dovish start to the year, but Evercore ISI's Stephen Kim is confident 2022 will be a good year for the homebuilder space. Kim's outlook on the construction space According to Kim, higher volatility could make it a challenging year for equities in general, but he still expects homebuilder […] The post Evercore ISI sees significant upside in homebuilder stocks appeared first on Invezz.

Evercore ISI sees significant upside in homebuilder stocks

Looming interest rate hikes are slamming US tech stocks, which dropped sharply last week as investors reassessed how higher borrowing costs could hit their portfolios.

News for Lennar Stock (LEN)