Lennar(LEN)
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Lennar (LEN) Stock Declines While Market Improves: Some Information for Investors
Zacks Investment Research· 2024-04-24 23:21
Lennar (LEN) closed at $154.12 in the latest trading session, marking a -1.01% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.02%. On the other hand, the Dow registered a loss of 0.11%, and the technology-centric Nasdaq increased by 0.1%.Shares of the homebuilder have depreciated by 5.96% over the course of the past month, outperforming the Construction sector's loss of 6.13% and lagging the S&P 500's loss of 3.01%.Investors will be eagerly watching for the perform ...
Why Is Lennar (LEN) Up 4.3% Since Last Earnings Report?
Zacks Investment Research· 2024-04-12 16:31
A month has gone by since the last earnings report for Lennar (LEN) . Shares have added about 4.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Lennar due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Lennar Q1 Earnings Beat, Revenues Miss, Orders UpLennar Corporat ...
Lennar Corporation Declares Quarterly Dividends
Prnewswire· 2024-04-10 20:30
MIAMI, April 10, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on May 8, 2024 to holders of record at the close of business on April 24, 2024. About LennarLennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and ...
Why Lennar (LEN) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-04-09 14:41
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1 Ridiculously Cheap Warren Buffett Stock to Buy Hand Over Fist Right Now
The Motley Fool· 2024-04-07 09:50
In a stock market full of high-flying expensive stocks, this is a high-flying cheap one.Do you think stocks are getting expensive? You could be right. One key valuation metric -- the S&P 500 Shiller cyclically adjusted price-to-earnings (CAPE) ratio -- is at its highest level since early 2022 when the market began to tank. But not every stock is priced at a nosebleed level. You can find several good picks in Warren Buffett's Berkshire Hathaway portfolio. Here's one ridiculously cheap Buffett stock to buy ha ...
Quarterra Multifamily Announces the Start of Leasing at Emblem Conyers Apartments
Prnewswire· 2024-04-02 14:10
Middle-income community marks Quarterra's fourth venture in the Atlanta Metro Area CONYERS, Ga., April 2, 2024 /PRNewswire/ -- Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, in partnership with Nuveen, today announced the start of leasing at Emblem Conyers, Quarterra's latest community in the Atlanta market. Emblem Conyers is a 264-home garden-style community in Conyers, Georgia, a charming town on the eas ...
Lennar(LEN) - 2024 Q1 - Quarterly Report
2024-03-29 21:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 29, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from _______ To _______ Commission File Number: 1-11749 Lennar Corporation (Exact name of registrant as specified in its charter) Delaware 95-4337490 (State or ...
Lennar(LEN) - 2024 Q1 - Earnings Call Transcript
2024-03-14 17:48
Lennar Corporation (NYSE:LEN) Q1 2024 Earnings Conference Call March 14, 2024 11:00 AM ET Company Participants David Collins – Vice President and Controller Stuart Miller – Executive Chairman and Co-Chief Executive Officer Jon Jaffe – Co-Chief Executive Officer and President Diane Bessette – Chief Financial Officer Bruce Gross – Chief Executive Officer-Lennar Financial Services Conference Call Participants Alan Ratner – Zelman & Associates Stephen Kim – Evercore Mike Rehaut – JPMorgan Kenneth Zener – Seapor ...
Lennar (LEN) Q1 Earnings Beat, Revenues Miss, Orders Up
Zacks Investment Research· 2024-03-14 15:46
Lennar Corporation (LEN) reported first-quarter fiscal 2024 results, wherein its earnings surpassed the Zacks Consensus Estimate but revenues missed the same. On a year-over-year basis, both the top and bottom lines increased, given the company’s emphasis on maintaining a steady production rate to drive sales momentum. Lennar strategically utilized pricing, incentives, marketing expenditure and dynamic pricing insights to ensure steady sales volume despite fluctuations in interest rates.However, the company ...
Lennar (LEN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-03-13 23:31
For the quarter ended February 2024, Lennar (LEN) reported revenue of $7.31 billion, up 12.7% over the same period last year. EPS came in at $2.57, compared to $2.12 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $7.44 billion, representing a surprise of -1.77%. The company delivered an EPS surprise of +16.29%, with the consensus EPS estimate being $2.21.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...