BusinessWeek Logo
November 23, 2009 6:00 AM ET

Lennar Corp. (LEN:NYSE)

LAST $13.67 USD
CHANGE TODAY -0.50 -3.53%
VOLUME 0.0
As of November 20, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Lennar Corp. (LEN)

OPEN
--
PREVIOUS CLOSE
$13.67
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
09/17/09 - $17.66
52 WEEK LOW
11/21/08 - $3.42
MARKET CAP
2.1B
AVERAGE VOLUME 3 mo
4.8M
DILUTED EPS TTM
$-7.83
SHARES OUTSTANDING
152.0M
EX-DATE
10/21/09
P/E TTM
NM
DIVIDEND
$0.16
DIVIDEND YIELD
1.17%
K = Thousands  M = Millions  B = Billions

related business week news

Trading was slow Monday as investors awaited the start of the two-day Fed policy meeting on Tuesday

What Wall Street analysts are saying about selected stocks in the news Tuesday

What Wall Street analysts are saying about selected stocks in the news Tuesday

The Nasdaq outperformed on strength in Apple and Starbucks. Bernanke wrapped up his two-day monetary policy testimony

View More BusinessWeek News

related news

View More Related News

LEN Details

Lennar Corporation operates as a homebuilder in the United States. It engages in the construction and sale of single-family attached and detached homes, and to a lesser extent multi-level residential buildings, as well as the purchase, development, and sale of residential land. The company also offers various financial services, including mortgage financing; title insurance; closing services; and ancillary services, such as high-speed Internet and cable television. As of November 30, 2008, it owned 74,681 homesites, as well as had access through option contracts to an additional 38,589 homesites. Lennar Corporation serves the customers in Florida, Maryland, New Jersey, Virginia, Arizona, Colorado, Texas, California, Nevada, Illinois, Minnesota, New York, North Carolina, and South Carolina. The company was founded in 1954 and is based in Miami, Florida.

4,704 Employees
Founded in 1954

LEN Top Compensated Officers

Chief Executive Officer, President, Director ...
Age: 51
Total Annual Compensation: $1.0M
Chief Financial Officer and Vice President
Age: 50
Total Annual Compensation: $650.0K
Chief Operating Officer and Vice President
Age: 49
Total Annual Compensation: $800.0K
Executive Vice President
Age: 47
Total Annual Compensation: $700.0K
Vice President and Treasurer
Age: 48
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2008.

Key developments for Lennar Corp. (LEN)

Lennar Corp. Declares Cash Quarterly Dividends on Class A and Class B Common Stock Payable on November 13, 2009

Lennar Corp. announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share for both Class A and Class B common stock payable on November 13, 2009 to holders of record at the close of business on October 23, 2009.

Lennar Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended August 31, 2009

Lennar Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended August 31, 2009. For the quarter, the company reported operating loss of $151,968,000 loss before benefit for income taxes of $168,865,000, net loss of $171,605,000 or $0.97 per share on the total revenue of $720,730,000 compared to the operating loss of $92,194,000 loss before benefit for income taxes of $139,102,000, net loss of $88,964,000 or $0.56 per share on the total revenue of $1,106,540,000 for the same period a year ago. For the nine months, the company reported operating loss of $388,448,000 loss before benefit for income taxes of $446,584,000, net loss of $452,719,000 or $2.72 per share on the total revenue of $2,205,646,000 compared to the operating loss of $342,558,000 loss before benefit for income taxes of $466,578,000, net loss of $298,096,000 or $1.88 per share on the total revenue of $3,297,369,000 for the same period a year ago.

Lennar Corp. expected to Report Fiscal Year 2009 Results on December 14, 2009. This event was calculated by Capital IQ (Created on September 21, 2009).

Lennar Corp. expected to Report Fiscal Year 2009 Results on December 14, 2009. This event was calculated by Capital IQ (Created on September 21, 2009).

BusinessWeek Rankings

BusinessWeek 50
2006  #42

Stock Quotes

Company Lookup
Recently Viewed
LEN $13.67 USD 0.00
CTX (AU) A$9.98 AUD +0.02
AMR $5.47 USD 0.00
ADP $43.45 USD 0.00
VTIV $16.10 USD 0.00

Market data is delayed at least 20 minutes.

LEN Competitors

Company Last Change
DR Horton Inc $10.37 USD -1.88
KB Home $14.12 USD -0.50
MDC Holdings Inc $30.60 USD -0.37
Pulte Homes $9.46 USD -0.36
Toll Brothers Inc $20.02 USD -0.49
View Industry Companies
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation LEN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book 1.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

LEN

 | 

LEN transactions

Type
Date
Target
Private Placement
July 20, 2009
Newhall Land Development LLC
View More LEN Transactions...

Companies Toolbox

Company Tools
Investing Tools



Close Recommend A Data Enhancement Or Correction

For Lennar Corp. (LEN) Snapshot

Submitting this data update / error report instantly puts the correct information in the hands of our researcher, who will investigate your report and, if necessary, make the changes to the company profile. Be sure to fill out the form completely.

Required Information Missing - Please enter your information in the following field(s):
DATA TO BE REVIEWED
Page Section*

Please indicate in which section the error appears. Section headers are in light gray type at the top of each CIC page module.

Data Point*

Please indicate which data is in error.

CONTACT INFORMATION

Please provide your name and email address in case our researchers need to get in touch with you as they investigate the error.

Your Name*
Your E-Mail Address*
YOUR RECOMMENDATION

Describe why you feel the data point is incorrect and indicate sources our researchers should check when they investigate the error.

Cancel Submit
You can drag this form within your browser window.

Thank you for submitting your information. We investigate data update requests and error reports as quickly as possible. Since some are easier to investigate than others, please be patient as we perform our research; it could take several weeks, depending on the nature of the error and whether your company is public or private.

You can drag this form within your browser window.