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 profile
Ticker
LEN, LEN-B
Exchange
Website
CEO
Mr. Stuart A. Miller
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AURORA CORP, EnerJex Resources, Inc., MILLENIUM PLASTICS CORP, MILLENNIUM PLASTICS CORP
SEC CIK
Corporate docs
Subsidiaries
208 Meadowview Farms, Ltd. • 308 Furman, Ltd. • 360 Developers, LLC • 5151 East, LLC • AG-LMC Riverside Holdings, LLC • AG-LMC Riverside Property Owner II, LLC • AG-LMC Riverside Property Owner, LLC • Akron 42, LLC • Alliance Financial Services, Inc. • American Southwest Financial Group L.L.C. ...
IRS number
954337490
LEN stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2024 Q3
Quarterly report
2 Oct 24
8-K
Lennar Reports Third Quarter 2024 Results
19 Sep 24
10-Q
2024 Q2
Quarterly report
28 Jun 24
8-K
Departure of Directors or Certain Officers
24 Jun 24
8-K
Lennar Reports Second Quarter 2024 Results
17 Jun 24
10-K/A
2023 FY
Annual report (amended)
25 Apr 24
8-K
Submission of Matters to a Vote of Security Holders
11 Apr 24
10-Q
2024 Q1
Quarterly report
29 Mar 24
8-K
Lennar Reports First Quarter 2024 Results
13 Mar 24
ARS
2023 FY
Annual report to shareholders
29 Feb 24
Transcripts
LEN
Earnings call transcript
2024 Q3
20 Sep 24
LEN
Earnings call transcript
2024 Q2
18 Jun 24
LEN
Earnings call transcript
2023 Q4
15 Dec 23
LEN
Earnings call transcript
2023 Q3
15 Sep 23
LEN
Earnings call transcript
2023 Q3
15 Sep 23
LEN
Earnings call transcript
2023 Q2
15 Jun 23
LEN
Earnings call transcript
2023 Q2
15 Jun 23
LEN
Earnings call transcript
2023 Q1
15 Mar 23
LEN
Earnings call transcript
2022 Q4
15 Dec 22
LEN
Earnings call transcript
2022 Q3
22 Sep 22
Latest ownership filings
4
STUART A MILLER
2 Oct 24
4
Doma Holdings, Inc.
1 Oct 24
SC 13D/A
GAMCO INVESTORS, INC. ET AL
13 Sep 24
4
Teri P McClure
3 Sep 24
4
Serena Wolfe
3 Sep 24
4
Dacona Smith
3 Sep 24
4
Amy Banse
3 Sep 24
144
Notice of proposed sale of securities
23 Aug 24
SC 13G/A
BlackRock Inc.
8 Jul 24
4
STUART A MILLER
1 Jul 24
Financial summary
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Diluted EPS |
Annual (USD) | Nov 23 | Nov 22 | Nov 21 | Nov 20 | |
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Institutional ownership, Q2 2024
86.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 969 |
Opened positions | 117 |
Closed positions | 126 |
Increased positions | 391 |
Reduced positions | 321 |
13F shares | Current |
---|---|
Total value | 32.44 tn |
Total shares | 233.52 mm |
Total puts | 2.37 mm |
Total calls | 3.85 mm |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 26.70 mm | $4.00 tn |
BLK BlackRock | 24.35 mm | $3.65 tn |
FMR | 11.42 mm | $1.71 tn |
STT State Street | 11.22 mm | $1.68 tn |
Aristotle Capital Management | 10.20 mm | $1.53 tn |
MFC Manulife Financial | 9.26 mm | $516.56 mm |
Greenhaven Associates | 8.97 mm | $1.34 tn |
Wellington Management | 7.96 mm | $1.19 tn |
Manufacturers Life Insurance Company, The | 5.83 mm | $873.73 bn |
Geode Capital Management | 5.81 mm | $867.74 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Oct 24 | Miller Stuart A | Class A Common Stock | Gift | Dispose G | No | No | 0 | 100,000 | 0.00 | 1,607,876 |
27 Sep 24 | Lennar | Common Stock | Sale back to company | Dispose D | Yes | No | 6.29 | 3,289,707 | 20.69 mm | 0 |
27 Sep 24 | Lennar | Common Stock | Sale back to company | Dispose D | Yes | No | 6.29 | 36,506 | 229.62 k | 0 |
30 Aug 24 | Banse Amy | Class A Common Stock | Grant | Acquire A | No | No | 0 | 96 | 0.00 | 12,927 |
30 Aug 24 | Dacona Smith | Class A Common Stock | Grant | Acquire A | No | No | 0 | 96 | 0.00 | 2,022 |
30 Aug 24 | Wolfe Serena | Class A Common Stock | Grant | Acquire A | No | No | 0 | 96 | 0.00 | 2,092 |
News
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21 Oct 24
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17 Oct 24
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14 Oct 24
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10 Oct 24
Why Lennar Stock Could Be the Best Play in the Housing Market
7 Oct 24
Press releases
Quarterra Multifamily Announces the Start of Construction on Emblem Summerville Apartments
1 Oct 24
Lennar Corporation Declares Quarterly Dividends
25 Sep 24
Lennar Reports Third Quarter 2024 Results
19 Sep 24
Quarterra Multifamily and QuadReal Announce Start of Leasing at The Piper Apartments
18 Sep 24
Quarterra Multifamily Announces Construction on Emblem Mill Road Apartments
12 Sep 24