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Lennar Corporation

LEN-B US

LEN-B USLennar Corporation

United States Composite

151.72

USD

+1.96

(+1.31%)

13.90EPS Dil.

10.91P/E

42.63BMarket Cap

1.00%Div. Yield

Ex-Dividend Date

January 23

Dividend Date

February 7

Held by Insiders

71.16%

Held by Institutions

27.42%

Short % of Float

0.04%

YTD Yield

50.43%

3Y Yield

96.89%

5Y Yield

257.16%

Capital Structure

FRC

•

in mil. unless spec.

May'23

Aug'23

Nov'23

ST Debt

- -

LT Borrowings

5,026

4,478

4,984

LT Finance Leases

- -

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

287

284

281

Market Capitalization

27,176

30,329

32,236

Working Capital

FRC

•

in mil. unless spec.

May'23

Aug'23

Nov'23

Total Current Assets

28,822

29,400

31,347

Cash, Cash Equivalents & STI

4,325

4,126

6,512

Accounts Receivable, Net

1,090

1,321

1,449

Inventories

22,167

22,579

18,898

Total Current Liabilities

1,701

1,722

1,631

Payables & Accruals

1,701

1,722

1,631

ST Debt

- -

Deferred Revenue

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

20.23%

11.13%

1.67%

Net Income, GAAP

28.21%

22.32%

-14.63%

Free Cash Flow

26.73%

46.54%

58.35%

Total Cash Common Dividend

43.51%

77.02%

-1.60%

Total Equity

20.63%

12.74%

10.16%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

5,325

6,430

6,941

8,434

27,131

2022

6,204

8,359

8,934

10,174

33,671

2023

6,490

8,045

8,730

10,968

34,233

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

3.24

2.69

4.58

3.95

14.45

2022

1.71

4.56

5.09

4.60

15.92

2023

2.09

3.06

3.92

4.87

13.90

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

0.25

1.01

2022

0.37

0.38

1.51

2023

0.38

0.39

0.38

1.52

Company Description

CEO: Mr. Stuart A. Miller, Mr. Jonathan M. Jaffe
Full Time Employees: 12,284
Sector: Consumer Cyclical
Industry: Residential Construction
Address: 5505 Waterford District Drive Miami FL United States 33126
CIK: 0000920760
Website: www.lennar.com
Business: Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's 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; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title, insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.

Company Description

CEO: Mr. Stuart A. Miller, Mr. Jonathan M. Jaffe
Full Time Employees: 12,284
Sector: Consumer Cyclical
Industry: Residential Construction
Address: 5505 Waterford District Drive Miami FL United States 33126
CIK: 0000920760
Website: www.lennar.com
Business: Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's 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; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title, insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.