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.

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

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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

D.R. Horton

PulteGroup

Toll Brothers

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

HOUSTON--(BUSINESS WIRE)-- #Esperanza--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 Lennar, the leading homebuilder of new construction homes, purchased 336 acres in the Esperanza master-planned community in Needville, Texas. Over the next 10 years, Lennar and Rausch Coleman Homes will build more than 1,600 homes, ranging in price from $250,000 to $450,000. Cons.

Windy Hill Development Sells 336 Acres to Lennar in Needville's Esperanza Master-Planned Community

Microsoft

Visa

It might sound obvious, but when looking for stocks for long-term wealth in 2030 and beyond, the goal should be to find stocks poised to trade significantly higher. However, successfully capitalizing on gains over such an extended period is not obvious or simple.

3 Stocks to Supercharge Your Wealth for 2030 and Beyond

Lennar (LEN) reported earnings 30 days ago. What's next for the stock?

Why Is Lennar (LEN) Up 4.3% Since Last Earnings Report?

Beazer Homes USA

Century Communities

Dream Finders Homes

Green Brick Partners

Hovnanian Enterprises

LGI Homes

Landsea Homes

M/I Homes

Smith Douglas Homes Corp

Taylor Morrison Home

TRI Pointe Group

Charts indicate the boom in homebuilding stocks is over, or at least pausing.

Homebuilder Rally Faces Reckoning As Stocks Bog Down — Should Investors Sell?

Conagra Brands

Costco

Fastenal

H.B. Fuller

Lennar, one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on May 8, 2024 to holders of record at the close of business on April 24, 2024.

Daily Dividend Report: Lennar, Costco, H.B. Fuller, Fastenal, Conagra

Home builder stocks have the potential to become extremely valuable long-term investments. With mortgage rates projected to come down, a unique opportunity exists to capitalize on the housing market rebound.

The 3 Top Home Builder Stocks to Buy in April 2024

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why Lennar (LEN) is a Top Value Stock for the Long-Term

Business is booming for this stock owned by Buffett's Berkshire Hathaway. A low forward earnings multiple is one of several reasons to like this stock.

1 Ridiculously Cheap Warren Buffett Stock to Buy Hand Over Fist Right Now

Welltower

With the Federal Reserve not cutting interest rates yet and continued homebuyer trepidation thanks to high prices and high mortgage rates, it's understandable why investors may not consider real estate stocks to be best play right now. Indeed, general sentiment around real estate seems to be more negative today than it has been for the past several years.

3 Top Ways to Play 2024's Wild Real Estate Market

Meritage Homes

A number of homebuilding companies' shares fell Tuesday after Wedbush Securities analysts predicted seasonal stock-price drops that could be exacerbated by persistently high mortgage rates, inflation, and delayed interest rate cuts.

Homebuilder Stocks Fall on Downgrades Predicting Seasonal Share-Price Drop

Middle-income community marks Quarterra's fourth venture in the Atlanta Metro Area CONYERS, Ga., April 2, 2024 /PRNewswire/ --  Quarterra Multifamily , a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, in partnership with Nuveen, today announced the start of leasing at Emblem Conyers , Quarterra's latest community in the Atlanta market.

Quarterra Multifamily Announces the Start of Leasing at Emblem Conyers Apartments

Chevron

Chevron pays investors handsomely to wait for higher oil prices. Lennar should win as it helps address the U.S. housing shortage.

3 Absurdly Cheap Warren Buffett Stocks That Are No-Brainer Buys Right Now

Recently, Zacks.com users have been paying close attention to Lennar (LEN). This makes it worthwhile to examine what the stock has in store.

Investors Heavily Search Lennar Corporation (LEN): Here is What You Need to Know

Program designed to deliver attainable options for middle-income renters has delivered 7 communities, with 2 more under construction CHARLOTTE, N.C., March 27, 2024 /PRNewswire/ -- Quarterra Multifamily , a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer and property manager, today announced the continued growth and success of Quarterra Emblem Communities with the opening of Emblem Shakopee , near Minneapolis, and Emblem Oswego , outside Chicago.

Quarterra Multifamily Announces the Continued Growth of its Emblem Communities Development Program

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Lennar (LEN) Stock?

iShares U.S. Home Construction ETF

KB Home

SPDR S&P Homebuilders ETF

The numbers: Builder confidence rose for the fourth month in row in March, as buyer demand remained strong.

News for Lennar Stock (LEN)