Last $41.03 USD
Change Today -0.35 / -0.85%
Volume 4.4M
As of 4:15 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

lennar corp-a (LEN) Snapshot

Open
$41.47
Previous Close
$41.38
Day High
$41.70
Day Low
$40.50
52 Week High
02/27/14 - $44.40
52 Week Low
11/11/13 - $32.15
Market Cap
8.2B
Average Volume 10 Days
3.6M
EPS TTM
$2.46
Shares Outstanding
173.1M
EX-Date
07/8/14
P/E TM
16.7x
Dividend
$0.16
Dividend Yield
0.39%
Current Stock Chart for LENNAR CORP-A (LEN)

lennar corp-a (LEN) Details

Lennar Corporation, together with its subsidiaries, is engaged in homebuilding activities in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida, Homebuilding Houston, Financial Services, Rialto Investments, and Lennar Multifamily segments. Its homebuilding activities primarily include the construction and sale of single-family attached and detached homes to first-time, move-up, and active adult homebuyers, as well as the purchase, development, and sale of residential land. The company also offers real estate related financial services, including mortgage financing, title insurance, and closing services for home buyers and others. In addition, it is involved in raising, investing, and managing third party capital; originating and securitizing commercial mortgage loans, as well as investing in real estate related mortgage loans, properties, and related securities. Further, the company develops multifamily rental properties. Lennar Corporation was founded in 1954 and is headquartered in Miami, Florida.

5,741 Employees
Last Reported Date: 01/28/14
Founded in 1954

lennar corp-a (LEN) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: $1.0M
President
Total Annual Compensation: $800.0K
Chief Financial Officer and Vice President
Total Annual Compensation: $650.0K
Chief Operating Officer and Vice President
Total Annual Compensation: $800.0K
General Counsel and Secretary
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2013.

lennar corp-a (LEN) Key Developments

Lennar Corp. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended August 31, 2014

Lennar Corp. reported unaudited earnings results for the third quarter and nine months ended August 31, 2014. For the quarter, the company reported net earnings attributable to company of $177,757,000 or $0.78 per diluted share on total revenues of $2,014,034,000 compared to net earnings attributable to company of $120,662,000 or $0.54 per diluted share on total revenues of $1,602,767,000 reported a year ago. Earnings before income taxes were $262,335,000 compared to $189,359,000 reported a year ago. EBIT was $318,033,000 compared to $242,173,000 reported a year ago. Revenues were higher primarily due to a 10% increase in the number of home deliveries, excluding unconsolidated entities, and a 14% increase in the average sales price of homes delivered. For the nine months, the company reported net earnings attributable to company of $393,593,000 or $1.73 per diluted share on total revenues of $5,195,874,000 compared to net earnings attributable to company of $315,590,000 or $1.42 per diluted share on total revenues of $4,019,891,000 reported a year ago. Earnings before income taxes were $591,841,000 compared to $404,969,000 reported a year ago. Revenues were higher primarily due to an 11% increase in the number of home deliveries, excluding unconsolidated entities, and a 15% increase in the average sales price of homes delivered. EBIT was $750,977,000 compared to $554,075,000 reported a year ago.

Lennar Corp. to Report Q3, 2014 Results on Sep 17, 2014

Lennar Corp. announced that they will report Q3, 2014 results at 9:00 AM, Eastern Standard Time on Sep 17, 2014

Lennar Corp., Q3 2014 Earnings Call, Sep 17, 2014

Lennar Corp., Q3 2014 Earnings Call, Sep 17, 2014

 

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LEN:US $41.03 USD -0.35

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Industry Analysis

LEN

Industry Average

Valuation LEN Industry Range
Price/Earnings 19.0x
Price/Sales 1.2x
Price/Book 1.9x
Price/Cash Flow 14.3x
TEV/Sales 0.0x
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