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Lennar Corporation

LEN

Latest Trade

105.15USD

Change

-1.32(-1.24%)

Volume

2,035,681

Today's Range

104.77

 - 

107.52

52 Week Range

69.41

 - 

110.61

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
106.47
Open
105.22
Volume
2,035,681
3M AVG Volume
51.68
Today's High
107.52
Today's Low
104.77
52 Week High
110.61
52 Week Low
69.41
Shares Out (MIL)
312.32
Market Cap (MIL)
32,525.82
Forward P/E
7.89
Dividend (Yield %)
0.94

Next Event

Q3 2021 Lennar Corp Earnings Release

Latest Developments

More

Lennar Reports Q2 Earnings Per Share of $2.95 Excluding Items

Lennar Exec Says Co Focusing On Tax-Free Spin-Off Of Businesses To Focus On Homebuilding, Financial Services- Conf Call

Lennar Reports First Quarter EPS Of $3.20

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About Lennar Corporation

Lennar Corporation is a homebuilder and an originator of residential and commercial mortgage loans. The Company is also a provider of title insurance and closing services, and a developer of multifamily rental properties. The Company's segments include Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily and Lennar other. Its Homebuilding operations is engaged in construction and sale of single-family attached and detached homes as well as purchase, development and sale of residential land to third parties. The Company's Financial Services segment provides mortgage financing, title and closing services, as well as property and casualty insurance. Its Multifamily segment is engaged in developing, construction and property management of multifamily rental properties. The Lennar Other segment is principally engaged in fund investments, which invests in technology initiatives that includes Opendoor, States Title and Notarize.

Industry

Construction Services

Contact Info

700 NW 107th Ave Ste 400

MIAMI, FL

33172-3139

United States

+1.305.5594000

https://www.lennar.com/

Executive Leadership

Stuart A. Miller

Executive Chairman of the Board

Richard Beckwitt

Co-President, Co-Chief Executive Officer, Director

Jonathan M. Jaffe

Co-President, Co-Chief Executive Officer, Director

Diane J. Bessette

Chief Financial Officer, Vice President, Treasurer

Jeff J. McCall

Executive Vice President

Key Stats

2.18 mean rating - 17 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

20.6K

2019

22.3K

2020

22.5K

2021(E)

26.7K
EPS (USD)

2018

5.440

2019

5.740

2020

7.850

2021(E)

13.488
Price To Earnings (TTM)
9.85
Price To Sales (TTM)
1.33
Price To Book (MRQ)
1.70
Price To Cash Flow (TTM)
9.27
Total Debt To Equity (MRQ)
34.86
LT Debt To Equity (MRQ)
30.11
Return on Investment (TTM)
12.32
Return on Equity (TTM)
11.28

Latest News

Latest News

Higher prices boost Lennar profit in tight U.S. housing market

Lennar Corp beat quarterly profit on Wednesday, helped by higher prices due to a tight supply of homes in the United States.

Lennar quarterly profit rises 60.7% on robust U.S. home demand

Lennar Corp reported a 60.7% jump in quarterly profit on Wednesday, helped by robust demand for new homes in the United States.

Lennar to spin-off some non-core units, form a rental housing venture

Lennar Corp said on Wednesday it plans to spin-off all or parts of its non-core businesses to become a pure-play homebuilder and financial services company, while also creating a joint venture to provide single family homes for rent.

Lennar to spin-off businesses to become pure-play homebuilder, financial services company

Lennar Corp said on Wednesday it plans to spin-off all or parts of ongoing businesses to become a pure-play homebuilder and financial services company.

Lennar rides U.S. housing boom to exceed profit estimates

Lennar Corp beat quarterly profit estimates on Tuesday as historically low mortgage rates and a COVID-19 pandemic-induced shift to suburban living encouraged more Americans to buy homes.

Lennar rides U.S. housing boom to post more than two-fold surge in profit

Lennar Corp on Tuesday posted a more than two-fold jump in first-quarter profit as historically low mortgage rates and a COVID-19 pandemic-induced shift to suburban living encouraged more Americans to buy homes.

Lennar beats quarterly profit estimates on housing market strength

Homebuilder Lennar Corp beat quarterly profit and revenue estimates on Wednesday, as it reined in construction costs and benefited from a strong U.S. housing market.

Lennar beats quarterly revenue estimates on housing market strength

Homebuilder Lennar Corp beat quarterly revenue estimates on Wednesday, benefiting from a strong U.S. housing market boosted by record low mortgage rates and a surge in suburban housing demand as the COVID-19 pandemic drags on.

Lennar profit tops as low interest rates boost home sales

U.S. homebuilder Lennar Corp <LEN.N> topped Wall Street estimates for quarterly profit and revenue on Monday as record-low mortgage rates boosted demand from buyers.

UPDATE 1-Lennar profit tops as low interest rates boost home sales

U.S. homebuilder Lennar Corp topped Wall Street estimates for quarterly profit and revenue on Monday as record-low mortgage rates boosted demand from buyers.

Lennar profit beats as home sales rebound

U.S. homebuilder Lennar Corp <LEN.N> on Monday reported a better-than-expected quarterly profit and forecast full-year deliveries above estimates, as home sales rebound due to the economy gradually reopening following coronavirs-led lockdowns.

Homebuilder Lennar's quarterly revenue slumps 5%

U.S. homebuilder Lennar Corp on Monday posted a 5% fall in quarterly revenue, hurt by lower average selling prices during the COVID-19 pandemic.

Lennar sees 2020 home sales above estimates as lower prices boost demand

Lennar Corp <LEN.N> on Wednesday forecast 2020 home sales above analysts' estimates, encouraged by strong demand on the back of lower home prices and mortgage rates, sending its shares up 3%.

Higher demand for cheaper homes powers Lennar's profit beat

Lennar Corp's <LEN.N> quarterly profit beat Wall Street expectations on Wednesday, boosted by cheaper borrowing rates and a focus on low-priced houses.

Lennar profit rises 13% on higher home sales

Lennar Corp, the No. 2 U.S. homebuilder, reported a 13.3% rise in quarterly profit on Wednesday, boosted by higher demand and cheaper mortgage rates.

Trade war hurts Lennar as wealthy Chinese home buyers remain cautious

Lennar Corp forecast current-quarter earnings below Wall Street estimates on Tuesday, as wealthy Chinese buyers shun buying homes in the United States due to uncertainty triggered by an escalating trade row between the countries.

Lennar profit rises 36% on higher home sales

Lennar Corp, the No. 2 U.S. homebuilder, reported a 36% rise in quarterly profit, as it sold more homes after a fall in mortgage rates.

Homebuilder Lennar sees better housing market as mortgage rates ease

(The march 27 story corrects company name in paragraphs 13, 16, and 18.)

Homebuilder Lennar's quarterly profit jumps 76 pct

Lennar Corp, the second-largest U.S. homebuilder, on Wednesday posted a 76.1 percent jump in quarterly profit, as easing mortgage rates boosted homebuyer appetite.

Lennar sees housing demand rebounding, shares up nearly 10 percent

Lennar Corp <LEN.N> said on Wednesday it was seeing an improvement in home sales in its new fiscal year as mortgage rates start to ease and posted earnings ahead of expectations, allaying concerns of a slowdown in the broader U.S. housing market.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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