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Lennar Corporation

LEN.N

Latest Trade

61.41USD

Change

-0.30(-0.49%)

Volume

172,946

Today's Range

61.38

 - 

62.41

52 Week Range

37.29

 - 

62.41

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

Pricing

Previous Close
61.71
Open
61.88
Volume
172,946
3M AVG Volume
73.41
Today's High
62.41
Today's Low
61.38
52 Week High
62.41
52 Week Low
37.29
Shares Out (MIL)
317.62
Market Cap (MIL)
19,118.73
Forward P/E
11.18
Dividend (Yield %)
0.26

Next Event

Q4 2019 Lennar Corp Earnings Release

Latest Developments

More

Lennar Corp Declares Quarterly Cash Dividend Of $0.04 Per Class A and B Shares

Lennar Says Housing Market Seems Solid And Strong, Continues To Improve

Lennar Corp Posts Q3 Revenue of $5.9 Billion

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About Lennar Corporation

Lennar Corporation is a provider of real estate related financial services, commercial real estate, investment management and finance company. The Company is a homebuilder that operates in various states. Its segments include Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services and Lennar Multifamily. It is a developer of multifamily rental properties. Its Homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development and sale of residential land. It operates primarily under the Lennar brand name. The Lennar Financial Services segment includes mortgage financing, title insurance and closing services for both buyers of its homes and others.The Lennar Multifamily segment focuses on developing a portfolio of institutional multifamily rental properties in the United States markets.

Industry

Construction Services

Contact Info

700 NW 107th Ave Ste 400

+1.305.5594000

https://www.lennar.com/

Executive Leadership

Stuart A. Miller

Executive Chairman of the Board

Jonathan M. Jaffe

President, Chief Operating Officer, Director

Richard Beckwitt

Chief Executive Officer, Director

Diane J. Bessette

Chief Financial Officer, Vice President, Treasurer

Jeff J. McCall

Senior Vice President

Key Stats

1.89 mean rating - 18 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

10.9K

2017

12.6K

2018

20.6K

2019(E)

21.9K
EPS (USD)

2016

3.930

2017

3.380

2018

5.440

2019(E)

5.518
Price To Earnings (TTM)
10.15
Price To Sales (TTM)
0.88
Price To Book (MRQ)
1.28
Price To Cash Flow (TTM)
9.29
Total Debt To Equity (MRQ)
66.89
LT Debt To Equity (MRQ)
54.48
Return on Investment (TTM)
7.53
Return on Equity (TTM)
6.82

Latest News

Latest News

UPDATE 2-Lennar profit boosted by higher demand for cheaper homes

Homebuilder Lennar Corp's quarterly profit beat expectations on Wednesday, as cheaper consumer borrowing rates and a focus on low-priced houses helped offset slowing growth in California, one of its largest markets.

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.

UPDATE 3-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.

REFILE-UPDATE 3-Homebuilder Lennar sees better housing market as mortgage rates ease (March 27)

* Co says market on solid footing for 2019 spring selling season

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.

UPDATE 5-Lennar sees housing demand rebounding, shares up nearly 10 pct

* Results not as bad as feared - analysts (Adds background on mortgage rates, updates shares)

Lennar sees improvement in buyer traffic in first quarter

Lennar Corp said it was seeing improvement in buyer traffic in the first quarter of fiscal year 2019 as interest rates begin to ease after climbing to multi-year highs in the past year.

UPDATE 2-Lennar sales miss estimate as housing demand slows

Lennar Corp reported lower-than-expected quarterly home sales and orders on Wednesday, as a slowing U.S. housing market hurt demand.

Lennar profit more than doubles on CalAtlantic acquisition

Lennar Corp, the second-largest U.S. homebuilder, on Wednesday reported a quarterly profit that more than doubled, helped by the acquisition of CalAtlantic homes.

REFILE-UPDATE 3-Lennar cuts forecast for orders, deliveries citing Hurricane Florence

Lennar Corp, the No. 2 U.S. homebuilder, cut its forecast for fourth-quarter orders and deliveries on Wednesday, citing the impact of Hurricane Florence and sluggishness in the market.

RPT-Lennar lowers fourth-quarter deliveries, order forecast

Lennar Corp, the second-largest U.S. homebuilder, on Wednesday cut its new order and deliveries forecast for the fourth quarter, citing the impact of Hurricane Florence and sluggishness in the market.

Lennar lowers fourth-quarter deliveries, order forecast

Lennar Corp, the second-largest U.S. homebuilder, on Wednesday cut its new order and deliveries forecast for the fourth quarter, citing the impact of Hurricane Florence and sluggishness in the market.

Lennar profit jumps about 82 pct

U.S. homebuilder Lennar Corp reported an about 82 percent rise in quarterly profit on Wednesday, boosted by an increase in home sales and its acquisition of smaller rival CalAtlantic.

UPDATE 4-Homebuilder Lennar shrugs off rising rate concerns with profit beat

* Shares rise 6.8 pct at midday (Adds details from conf call, analyst comment; Updates shares)

UPDATE 3-Pulte's home sales forecast points to strong housing market

* Sees FY deliveries of 22,500 to 23,500 homes (Adds details from conference call, shares)

UPDATE 1-Lennar CEO to become executive chairman

U.S. homebuilder Lennar Corp on Thursday said longtime Chief Executive Officer Stuart Miller will become executive chairman and will be replaced by current President Rick Beckwitt.

Lennar CEO to become executive chairman

Lennar Corp on Thursday said its longtime Chief Executive Officer Stuart Miller will become executive chairman and will be replaced by current President Rick Beckwitt.

BRIEF-Lennar's Board Of Directors Elects New Executive Positions

* BOARD HAS ELECTED STUART MILLER, RICK BECKWITT, JON JAFFE, BRUCE GROSS AND DIANE BESSETTE TO NEW EXECUTIVE POSITIONS WITH COMPANY

UPDATE 3-Lennar raises home sales forecast ahead of spring selling season

* Shares rise as much as 9.6 pct (Adds details from conf call; Updates shares)

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

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