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.

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Cost of revenue

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Operating expenses

SG&A

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EBITDA

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Minority interest

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Book value per share

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Purchase/sale of business

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Change in stock

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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.

CrowdStrike

The Dow is down for its first session in the past eight, while the S&P breaks its six-day winning streak.

Dow, S&P Snap Winning Streaks; Lennar, Crowdstrike Beat

Lennar (LEN) delivered earnings and revenue surprises of 23.64% and 4.92%, respectively, for the quarter ended February 2021. Do the numbers hold clues to what lies ahead for the stock?

Lennar (LEN) Q1 Earnings and Revenues Beat Estimates

Lennar Corp (NYSE: LEN) published its financial results for the fiscal first quarter on Tuesday that topped analysts' estimates for earnings and revenue. The company attributed its hawkish performance to the ongoing COVID-19 crisis that resulted in historically low mortgage rates.

Lennar Corp beats Wall Street estimates in the fiscal first quarter

Lennar Corp on Tuesday posted a more than two-fold jump in quarterly profit 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

MIAMI, March 16, 2021 /PRNewswire/ -- Net earnings of $1.0 billion, or $3.20 per diluted share, compared to net earnings of $398.5 million, or $1.27 per diluted share – both up over 150% Excluding the pretax gain of $469.7 million ($358.7 million after tax) related to the mark to market of a strategic investment that went public, EPS would have been $2.04 per diluted share Deliveries of 12,314 homes – up 19% New orders of 15,570 homes – up 26%; new orders dollar value of $6.5 billion – up 31% Backlog of 22,077 homes – up 25%; backlog dollar value of $9.5 billion – up 32% Revenues of $5.3 billion – up 18% Homebuilding net margins of $824.8 million, compared to $474.3 million Gross margin on home sales of 25.0%, compared to 20.5% S,G&A expenses as a % of revenues from home sales of 8.4%, compared to 9.2% Net margin on home sales of 16.6%, compared to 11.4% Financial Services operating earnings of $146.2 million, compared to $58.2 million Multifamily operating loss of $0.9 million, compared to operating earnings of $1.8 million Lennar Other operating earnings  of $471.3 million (including $469.7 million gain related to a strategic investment that went public), compared to $0.9 million Homebuilding cash and cash equivalents of $2.4 billion No borrowings under the Company's $2.5 billion revolving credit facility Homebuilding debt to total capital of 24.0%, compared to 33.6% Controlled homesites as a percentage of total owned and controlled homesites increased to 45%, compared to 31% Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, today reported results for its first quarter ended February 28, 2021. First quarter net earnings attributable to Lennar in 2021 were $1.0 billion, or $3.20 per diluted share, compared to first quarter net earnings attributable to Lennar in 2020 of $398.5 million, or $1.27 per diluted share.

Lennar Reports First Quarter EPS of $3.20

D.R. Horton

Toll Brothers

The big rally in homebuilder stocks may soon be over, as evidenced by a decline in the March National Association of Home Builders/Wells Fargo Housing Market Index (HBI) published on Tuesday.

The Big Run in Homebuilder Stocks May Soon Be Over

Eastman Kodak

Pinduoduo Inc - ADR

Monday morning's noteworthy earnings reports included just two stocks. Corbus Pharma shares traded up about 3% after reporting a narrower loss than expected, and Dubai-based Yalla has seen its shares rise by around 2% on better-than-expected revenuesHere's a look at four stocks scheduled to report quarterly results after markets close Tuesday or before they open Wednesday morning.

Earnings Previews: Lennar, CrowdStrike, Kodak, Pinduoduo

Lennar (LEN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Is Lennar (LEN) Stock a Solid Choice Right Now?

Advanced Micro Devices

FedEx

NIKE

Earnings reports from Nike, FedEx, Dollar General, and Lennar, plus an AMD chip event. Also watch for Wednesday's FOMC announcement and economic data.

Nike, FedEx, AMD, Lennar, and Other Stocks to Watch This Week

Lennar (LEN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Lennar (LEN) Ahead of Earnings?

Eagle Materials

Home Depot

KB Home

LGI Homes

PulteGroup

Track the best homebuilder stocks to watch, housing market news and real estate industry trends. The post Homebuilder Stocks To Watch And Housing Market & Real Estate News appeared first on Investor's Business Daily.

Homebuilder Stocks To Watch And Housing Market & Real Estate News

Focus on entry-level buyers and robust housing market fundamentals are likely to have aided Lennar's (LEN) fiscal Q1 performance.

Higher Deliveries, Margins to Aid Lennar's (LEN) Q1 Earnings

SPDR S&P Homebuilders ETF

Low mortgage rates, tight supply and surging demand have created a perfect storm for homebuilding stocks.

These Homebuilding Stocks Will Keep Benefitting From A Hot, Pandemic-Related Housing Boom

Best Buy

Grand Canyon Education

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XPO Logistics

Stocks saw mild gains due to optimism after the $1.9 trillion stimulus bill passed the Senate over the weekend. In the meantime, Q.ai's Artificial Intelligence has crunched the numbers to bring you today's top buys.

Top Stocks To Buy Today Amid Stimulus Optimism

KLA-Tencor

Lam Research

The indices have cooled off once again due to rising bond yields — the major thorn in the side of stocks for the last few weeks. Q.ai's deep learning algorithms are here to help you make the most of this market with today's top buys.

Top Buys Today As Rising Bond Yields Crush Stocks Again

Capitol Investment Corp. V

Doma has agreed to combine with Capitol Investment Corp. V, a publicly traded special purpose acquisition company.

Real estate title firm Doma, backed by Lennar, to go public in deal with SPAC

The company expects 15% to 20% revenue growth in 2021, based on the backlog of demand and rising home prices. Lennar grew operating margins in 2021, allowing for outstanding free cash flow.

Lennar: Ready To Launch

Cohen & Steers

Johnson Controls

Navient

Worthington Industries

As the major indices stay somewhat steady, the deep learning algorithms at Q.ai have crunched the numbers to bring you today's top buys.

Top Stocks To Buy Today As The Indices Remain Roughly Flat

AbbVie

Fastenal

Franklin Electric

Global Indemnity

Graco

Healthcare Services Group

Progressive

Sturm, Ruger & Company

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Skyworks Solutions

T. Rowe Price Group

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Watsco

These 70 Graham Stocks were screened for revenue, assets, long-term-debt, and EPS growth as of Feb. 25, 2021, based on Graham's established criteria. Of the 70, representing all eleven Morningstar Sectors, 40 pay dividends. Broker targeted top 10 Graham dividend-paying net-gainers ranged 9.08%-26.73% topped by RGR and DHI as of 2/25/21.

New Benjamin Graham List Names, 3 Ideal Dogs For March

Sunnova Energy International Inc

HOUSTON--(BUSINESS WIRE)--Sunnova Reports Fourth Quarter and Full Year 2020 Results

Sunnova Reports Fourth Quarter and Full Year 2020 Results

MIAMI, Feb. 23, 2021 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), the nation's leading homebuilder, today announced that it has been named #1 Most Admired Homebuilder on FORTUNE Magazine's 2021 List of World's Most Admired Companies. "We are honored to be named as the #1...

Lennar Named #1 Homebuilder Worldwide on FORTUNE Magazine's 2021 List of 'World's Most Admired Companies'

The U.S. housing sector has been hot in a cold economy. Sales of previously owned houses rose by 0.6% month over month to 6.69 million units in January, ahead of market expectations.

2 Red Flags for the Hot US Housing Sector

Sunnova Energy International Inc. (NYSE: NOVA) inked an agreement to acquire Lennar Corporation's (NYSE: LEN) residential solar platform SunStreet and become Lennar's exclusive residential solar storage service provider. The partnership will focus on developing and launching innovative energy technologies via Lennar's tech-focused subsidiary Len X, LLC.

Sunnova To Acquire Lennar's Residential Solar Platform SunStreet

Williams-Sonoma

Nearby support from trendlines and moving averages suggests that traders will be keeping a close eye on the homebuilders sector.

News for Lennar Stock (LEN)