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

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

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.

Allstate

Costamare

CNO Financial Group

DHT Holdings

Enova Int.

Euronav

Dorian LPG

Meritage Homes

Steelcase

Toyota Motor

Teekay Tankers

Zions Bancorp

These value picks mark the 21st portfolio formed since 2017 to evaluate the top-rated one-year buy/hold models of the Joseph Piotroski & Benjamin Graham value algorithms. The past 6 value portfolios have returned: Jan 2021 +42.4%, Jul 2020 +50.4%, Mar 2020 +22.2%, Jan 2020 +2.8%, Nov 2019 -7.2%, and Sep 2019 +39.8%.

Top Piotroski-Graham Long-Term Value Stocks: July 2021 Semi-Annual Selections

Dream Finders Homes

KB Home

M.D.C. Holdings

Toll Brothers

Mortgage rates are declining but there's no sign of demand softening on the horizon.

Is Housing Demand Cooling?

D.R. Horton

Educational Development

First American Financial

Progressive

According to the Peter Lynch Screen, one of several Premium GuruFocus value screens, five stocks with high profitability and business predictability that are trading below the Peter Lynch earnings line are D.R. Horton Inc. ( DHI , Financial), Lennar Corp. ( LEN , Financial)( LEN.B , Financial), Progressive Corp. ( PGR , Financial), First American Financial Corp. ( FAF , Financial) and Educational Development Corp. ( EDUC , Financial).

5 Peter Lynch Stocks to Consider in July

Lennar (LEN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Lennar (LEN): Will It Gain?

Housing market slowdown and consistent weakness in non-residential construction result in a decline in U.S. construction spending in May. Nonetheless, solid economic fundamentals are a boon.

Construction Spending Slips in May Owing to Tepid Housing

Boise Cascade

Customers Bancorp

Penske Automotive Group

Top Ranked Value Stocks to Buy for July 1st

The housing market is still going strong despite slowing down lately. This has been helping companies like Lennar Corporation (LEN), KB Home (KBH) and Toll Brothers (TOL), M.D.C.

Pending Home Sales Soar in May: 5 Solid Stocks to Buy

Louisiana-Pacific

Quanex Building Products

PotlatchDeltic

Weyerhaeuser

The construction sector is looking good at the moment, mainly because of the continued strength in residential housing.

5 Winning Construction Stocks to Tap the Continued Demand Strength

Century Communities

Textainer Group Holdings Limited

Top Ranked Value Stocks to Buy for June 25th

IRVINE, Calif., June 24, 2021 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced today that Jeff Roos, Regional President for Lennar's Western Region, is one of five 2021 inductees into California Homebuilding Foundation's (CHF) Hall of Fame.

Jeff Roos, Regional President for Lennar, Named 2021 Inductee into California Homebuilding Foundation's Hall of Fame

iShares U.S. Home Construction ETF

PulteGroup

SPDR S&P Homebuilders ETF

New and existing home sales decline in May, thanks to record-high home prices and a tight supply. Does this prepare us for a grim outlook for housing?

Does Declining Home Sales Signal End of COVID-Led Housing Boom?

Caleres

Guess?

Global Ship Lease

With earnings estimates continuing to rise, prices can only follow them up.

Finding Cheap Stocks Has Never Been Easier

DALLAS, June 23, 2021 /PRNewswire/ --  LMC , a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, today announced that Human Resources Director Nicole Brown has been accepted into the Forbes Human Resources Council, an invitation-only community for HR executives across industries. Brown was vetted and selected by a review committee based on the depth and diversity of her experience.

LMC Human Resources Director Nicole Brown accepted into Forbes Human Resources Council

Atlas Air Worldwide

Beazer Homes USA

Vale S.A.

Top Ranked Value Stocks to Buy for June 23rd

Redfin

Zillow

New data from the National Association of Realtors shows that sales of existing homes fell 0.9% in May to a seasonally adjusted annualized rate of 5.8 million units. This marks the fourth month in a row of declines in existing home sales as sellers are in short supply.

Key Indicators Show the Housing Market Is Cooling Off

Lennar Corp (LEN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Lennar Corp (LEN) Stock Might be a Great Pick

Lennar Corporation (NYSE:LEN) has been performing well in the past year and is up by 60.46% in the last 52-weeks. Year-to-date, its overall trajectory has been up, with minor dips in between.

Should I buy Lennar Shares after analysts lift Q3 Earnings Expectations?

Conn's

Signet Jewelers

Titan Machinery

Top Ranked Momentum Stocks to Buy for June 21st

Camping World Hlds

MarineMax

Top Ranked Value Stocks to Buy for June 21st

CHICAGO, June 21, 2021 /PRNewswire/ -- LMC , a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, today announced the start of preleasing at Triangle Square Apartments, a luxury mixed-use apartment community in the popular Bucktown neighborhood of northern Chicago. The seven-story midrise community features 298 apartment homes for rent and 21,223 square feet of ground-floor retail space.

LMC Announces Preleasing at Triangle Square Apartments

NEW YORK, June 21, 2021 /PRNewswire/ -- ING Capital LLC has closed a $33MM Green Incentive loan – a cutting edge sustainable finance product – with LMC, a wholly owned subsidiary of Lennar Corporation, and a leader in apartment development and management. The loan is secured by The Maddox, a newly built and recently stabilized high-quality multifamily apartment community in Katy, Texas outside of Houston.

ING Closes First of its Kind Green Incentive Loan for Energy Efficient Property Retrofits

Lennar Corporation's (NYSE:LEN) stock valuation is attractive relative to peers and does not reflect the company's “significant and ongoing” transformation, according to JPMorgan. The Lennar Analyst: Michael Rehaut upgraded the rating for Lennar from Neutral to Overweight, while raising the price target from $115 to $141.

JPMorgan Upgrades Lennar For 'Signficant and Ongoing Transformation'

AvalonBay Communities

Invitation Homes

Low inventory and surging demand have sent house prices soaring around the world, raising concerns about how long the red-hot market can be sustained.

Real estate market madness is everywhere, sending industry stocks soaring

Devon Energy

Stocks look set for a lower open as the market continues to adjust to a more hawkish Federal Reserve.

Devon Energy Drops, Lennar Gains as Fed Fallout Rocks Stock Market

Lennar Corporation (LEN) CEO Rick Beckwitt on Q2 2021 Results - Earnings Call Transcript

News for Lennar Stock (LEN)