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.

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This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The article provides criteria for selecting high-growth dividend stocks. It offers a step-by-step guide on structuring a portfolio based on this strategy.

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KB Home

CNBC's Jim Cramer on Friday guided investors through next week's most important happenings on Wall Street, including earnings reports from homebuilders Lennar and KB Home. He said that the housing sector can be the "linchpin" of the economy.

Cramer's week ahead: A closer look at housing with Lennar and KB Home earnings

Lennar's (LEN) fiscal second-quarter performance is likely to have reflected higher deliveries amid flat gross margin and higher SG&A expenses.

Here's What to Expect From Lennar (LEN) in Q2 Earnings

KB Home is next up on the earnings calendar after a hawkish Federal Reserve dialed back rate-cut expectations at its latest policy meeting.

KB Home, Lennar Stand Out On Earnings Calendar As 10-Year Yield Dives

Lennar Corporation LEN will release earnings results for its second quarter, after the closing bell on Monday.

Lennar Likely To Report Lower Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

The latest trading day saw Lennar (LEN) settling at $155, representing a +1.82% change from its previous close.

Lennar (LEN) Surpasses Market Returns: Some Facts Worth Knowing

D.R. Horton

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May's cooler-than-expected consumer price index (CPI) on a year-over-year basis is pushing bond yields lower, and the prospects of an interest rate cut  in September are increasing.

3 Homebuilding Stocks to Keep an Eye On

Get a deeper insight into the potential performance of Lennar (LEN) for the quarter ended May 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Seeking Clues to Lennar (LEN) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics

Lennar Corporation is set to report its Q2 earnings next week. The company's financials have shown a recovery in revenues and a slight dip in margins. Uncertainty remains due to potential interest rate cuts and a decline in existing home sales, leading to a hold rating on the stock.

Lennar Earnings: More Uncertainty On The Horizon

Luxury high-rise community combines sophistication with convenience in Denver's Golden Triangle Neighborhood DENVER , June 7, 2024 /PRNewswire/ -- Quarterra Multifamily , a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, today announced the start of leasing at Dryden, a luxury community that blends urban activity and walkability with the elegance and culture of Denver's thriving Golden Triangle Neighborhood.  Dryden is a 420-home high-rise community adjacent to Downtown Denver and featuring 9,241 square feet of leasable retail space.

Quarterra Multifamily Announces the Start of Leasing at Dryden Apartments

MIAMI , June 4, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the second quarter ended May 31, 2024 after the market closes on June 17, 2024. Additionally, the Company will hold a conference call on June 18, 2024 at 11:00 a.m.

LENNAR CORPORATION'S SECOND QUARTER EARNINGS CONFERENCE CALL TO BE BROADCAST LIVE ON THE INTERNET

Quarterra's newest Northern California community to feature 260 one- and two-bedroom apartment homes SANTA ROSA, Calif. , June 4, 2024 /PRNewswire/ --  Quarterra Multifamily , a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, today announced the start of construction at Renata, Quarterra's first community in Santa Rosa, California.

Quarterra Multifamily Announces the Start of Construction at Renata Apartments

HOUSTON--(BUSINESS WIRE)-- #Houston--Windy Hill Development, a pioneering land development company establishing master-planned communities and mixed-use commercial retail projects in the Greater Houston area, today announced that it will host a groundbreaking event on June 4, 2024, at 11 a.m. in the Mesa Vista residential community in the North Forest area of Houston. Lennar, the leading homebuilder of new construction homes, has agreed to purchase all 630 lots and will offer homes in the $225,000 - $325,.

Windy Hill Development to Break Ground on Mesa Vista Community in Northeast Houston; Lennar Agrees to Buy All 630 Residential Lots

In the latest trading session, Lennar (LEN) closed at $157.03, marking a +1.93% move from the previous day.

Lennar (LEN) Ascends While Market Falls: Some Facts to Note

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This Berkshire/Buffett holdings list from Kiplinger first appeared 5/16/24 on the Berkshire Hathaway SEC Form-13F. Kiplinger, YCharts, and Dogs-Of-The-Dow all track this Berkshire batch. Here is your 5/28/24 update from YCharts data. 25 of 41 current Berkshire-owned-stocks pay dividends. As of 5/28/24 the top-ten ranged 2.22%-4.57% by annual yield and 36 of 41 ranged 0.51% to 69.04% by broker-estimated target-price-upsides. Analyst-estimated top-ten net gains from Berkshire's May divi-dogs ranged 13.56%-50.69% from TMUS, AON, OXY, MA, LEN, ALLY, DEO, CVX, KHC, and SIRI per YCharts.

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The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Lennar (LEN) is a Top-Ranked Value Stock: Should You Buy?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Should You Invest in Lennar (LEN) Based on Bullish Wall Street Views?

Apple

Amazon

Berkshire's massive investment in Apple speaks volumes about its long-term potential. The environment still seems ripe for homebuilder stocks, and Lennar looks poised to take advantage.

3 Top Warren Buffett Stocks to Buy in This Bull Market

Lennar (LEN) reachead $154.29 at the closing of the latest trading day, reflecting a +0.98% change compared to its last close.

Here's Why Lennar (LEN) Gained But Lagged the Market Today

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Here's Why Lennar (LEN) is a Strong Value Stock

In the closing of the recent trading day, Lennar (LEN) stood at $154.12, denoting a -1.01% change from the preceding trading day.

Lennar (LEN) Stock Declines While Market Improves: Some Information for Investors

Builders FirstSource

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Shares of U.S. homebuilders rose on Tuesday amid signs that a dearth of existing homes for sale and resilient demand in the face of high interest rates are buoying earnings.

Why Homebuilder Sales and Stock Prices Are Rising Despite High Mortgage Rates

Lennar director Amy Banse bought about $250,000 of the home builder's stock on the open market.

Lennar Stock Is Underperforming. A Director Scooped Up Shares.

Lowe's

West Pharmaceutical Services

On 4/23/24, Lennar, Lowe's Companies and West Pharmaceutical Services, will all trade ex-dividend for their respective upcoming dividends. Lennar will pay its quarterly dividend of $0.50 on 5/8/24, Lowe's Companies will pay its quarterly dividend of $1.10 on 5/8/24, and West Pharmaceutical Services will pay its quarterly dividend of $0.20 on 5/1/24.

Ex-Dividend Reminder: Lennar, Lowe's And West Pharmaceutical

News for Lennar Stock (LEN)