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

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Operating Margin

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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.

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SG&A

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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.

MIAMI, Dec. 2, 2021 /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 fourth quarter ended November 30, 2021 after the market closes on December 15, 2021. Additionally, the Company will hold a conference call on December 16, 2021 at 11:00 a.m.

Lennar Corporation's Fourth Quarter Earnings Conference Call To Be Broadcast Live On The Internet

Lennar Corporation (NYSE:LEN) is attracting some positive analyst attention this morning.

Homebuilding Stock Pops on Fresh Analyst Upgrade

Lennar Corporation has seen a boom in activity in recent years, driven by a surge in demand for housing. The company's overall fundamental condition is impressive and it trades around the middle of the range compared to similar firms.

Lennar Corporation: A Cheap Play On The Housing Market

An estimation shows that America is short more than 5 million houses, and this shortage will persist for several years. Lennar is in a leading position to fill the gap and benefit from this shortage.

Lennar: Building On Home Shortages

In the latest trading session, Lennar (LEN) closed at $109.75, marking a -0.86% move from the previous day.

Lennar (LEN) Stock Sinks As Market Gains: What You Should Know

MIAMI and SAN MATEO, Calif., Nov. 18, 2021 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, and Veev, a pioneer in vertically integrated end-to-end panelized building technology that enhances every aspect of the living experience, today committed to a new residential community as a follow-on to Lennar's investment in Veev's $200-million financing rounds.

Lennar Commits To New Community Built With Veev's Construction Technology

Blackstone Group

Invitation Homes

Starwood Property

Toll Brothers

The built-for-rent housing sector is causing a feeding frenzy among homebuilders vying for land. What should investors know?

Is Built-for-Rent Housing a Good Investment?

Harbor Custom Development Inc has announced third-quarter 2021 net sales of $18 million, a 130.7% year-over-year increase, which the company attributed largely to a $10.4 million entitled land sale to Lennar (NYSE:LEN) as well as fee build revenue of $2.8 million. Harbor Custom also recorded 3Q net income of $3.7 million, or $0.21 per share, compared with a net loss of $0.4 million, or $0.10 per share, during the same period last year.

Harbor Custom Development sees its 3Q sales surge to $18M on land sale, fee build revenue

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Homebuilding stocks quietly broke to a record this month. Here are three ways for traders to use options for additional strength.

3 Homebuilding Stocks That Are Breaking Out

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When looking for bargains, investors may want to consider the following four companies, as their stocks have low price-to-median-price-sales values when compared to the average of the S&P 500 (which stands at around 1.68 as of the writing of this article).

4 Low Price-to-Median-Price-Sales Value Stocks

Continental Resources

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Chevron

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Macerich

During our quarterly webcast last week (Oct. 21, 2021), someone asked us a great question. They asked, “Does the ten-year Treasury bond rate at 1.65% and an inflation rate of 5% teach us that inflation will be transitory?

Bond Market Education

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Hyperinflation may not be imminent, but hedging against inflation is a wise move. These stocks and ETFs make that possible.

7 Stocks to Set Your Sights on as the ‘Hyperinflation' Debate Stirs Up

DENVER, Nov. 2, 2021 /PRNewswire/ --  LMC , a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, today announced the opening of Camber, a brand new apartment community in the burgeoning Denver Gateway Center, ideally situated between Downtown Denver and Denver International Airport (DIA). The garden-style community, which consists of 240 apartment homes, is located in the Aerotropolis planning district – a 53-square mile area poised to become one of the Denver Metro Area's most prolific employment hubs.

LMC Announces Opening of Camber Apartments

Lennar (LEN) closed at $99.72 in the latest trading session, marking a -0.73% move from the prior day.

Lennar (LEN) Dips More Than Broader Markets: What You Should Know

MIAMI and AUSTIN, Texas, Oct. 26, 2021 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, and ICON, a construction technologies company pioneering large-scale 3D printing, today announced a commitment to build the largest community of 3D-printed homes to date using ICON's innovative robotics, software and advanced materials. Breaking ground in 2022, the 100-home community will be codesigned by the acclaimed architecture firm, BIG-Bjarke Ingels Group.

Lennar To Build World's Largest Neighborhood Of 3D-Printed Homes With ICON

HOUSTON, Oct. 25, 2021 /PRNewswire/ -- LMC , a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, today announced the start of leasing at its newest community, Bowen River Oaks , in Houston's most prestigious neighborhood. The 25-story high-rise community brings 403 luxury apartment homes to the River Oaks District, where residents can live within walking distance of Houston's most upscale retail center and the city's top destination restaurants.

LMC Announces Preleasing at Bowen River Oaks

AGCO

Bio-Rad Laboratories

DISH Network

PerkinElmer

We believe that there are other stocks that are currently better valued than eBay's stock. EBAY's current price-to-operating income ratio (P/EBIT) of 16.7x is higher than levels of 13.3x for PerkinElmer, 10.7x for AGCO, 6.27x for Dish Network, 5.45x for Lennar and 5.45x for Bio-Rad Laboratories.

Which Stocks Are More Attractive Than eBay's Stock?

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

Why Is Lennar (LEN) Up 2.1% Since Last Earnings Report?

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The housing market was one of the first to show the effect of inflation on the economy. These housing stocks get ahead of that problem.

7 Housing Stocks to Buy to Keep You Ahead of Inflation

PulteGroup

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While supply chain issues and labor shortages persist for the nation's homebuilders, home buyer demand continues to be robust.

5 Popular Homebuilders Gurus Have Constructed Positions In

MIAMI, Oct. 15, 2021 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors increased the authorization for the Company to repurchase its own shares from time to time by up to the lesser of $1 billion in purchase price, or 25 million in shares, of the Company's outstanding Class A or Class B common stock. The repurchase authorization has no expiration date.

Lennar Replenishes Stock Repurchase Authorization, Up to $1.0 Billion

Lennar's (LEN) focus on improvement of the SG&A line along with the resilient housing market is set to drive growth. Yet, rising labor costs and supply-related woes pose a threat.

Lennar (LEN) Stock Rises 31% Year to Date Amid Supply Woes

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We know that the earnings picture remains strong, even though the growth pace is expected to decelerate significantly in Q3 and beyond. What we don't know at this stage is.

What Will Q3 Earnings Season Show?

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.

PreMarket Prep Stock Of The Day: Lennar

Lennar Corporation (LEN) Management on Q3 2021 Results - Earnings Call Transcript

News for Lennar Stock (LEN)