one of the nation's leading homebuilders providing homes for first-time, move-up, luxury, urban and active adult buyers. lennar was founded in 1954 in miami, florida and currently builds in 19 states and more than 44 markets across the nation. lennar also provides financial services to our buyers through eagle home mortgage and north american title. lennar operates based on our founding principles of quality, value and integrity. we have also just relaunched our everything's included homes across the nation. please be sure to also check out the lennar associates and business partners group on linkedin as well.
Company profile
Ticker
LEN, LEN.B
Exchange
Website
CEO
Richard Beckwitt
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
PACIFIC GREYSTONE CORP /DE/
SEC CIK
Corporate docs
Subsidiaries
208 Meadowview Farms, Ltd. • 308 Furman, Ltd. • 360 Developers, LLC • 5151 East, LLC • Akron 42, LLC • Alliance Financial Services, Inc. • American Southwest Financial Group L.L.C. • Ann Arundel Farms, Ltd. • Aquabella Development Group, LLC • Aquaterra Utilities, Inc. ...
IRS number
954337490
LEN stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
29 Sep 23
8-K
Lennar Elects Dacona Smith to the Board of Directors
20 Sep 23
8-K
Lennar Reports Third Quarter 2023 Results
14 Sep 23
8-K
Lennar Elects Serena Wolfe to the Board of Directors
3 Aug 23
8-K
Other Events
28 Jul 23
8-K
Lennar Announces the Retirement of Rick Beckwitt, Co-CEO and Co-President
14 Jul 23
10-Q
2023 Q2
Quarterly report
30 Jun 23
8-K
Lennar Reports Second Quarter 2023 Results
14 Jun 23
8-K
Submission of Matters to a Vote of Security Holders
14 Apr 23
10-Q
2023 Q1
Quarterly report
4 Apr 23
Transcripts
LEN
Earnings call transcript
2023 Q3
15 Sep 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
LEN
Earnings call transcript
2022 Q2
21 Jun 22
LEN
Earnings call transcript
2022 Q1
17 Mar 22
LEN
Earnings call transcript
2021 Q4
16 Dec 21
LEN
Earnings call transcript
2021 Q3
21 Sep 21
LEN
Earnings call transcript
2021 Q2
17 Jun 21
Financial summary
| Quarter (USD) | Aug 23 | May 23 | Feb 23 | Nov 22 | |
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| Diluted EPS |
| Annual (USD) | Nov 22 | Nov 21 | Nov 20 | Nov 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 4.12 bn | 4.12 bn | 4.12 bn | 4.12 bn | 4.12 bn | 4.12 bn |
| Cash burn (monthly) | 63.94 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 63.21 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 4.06 bn | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 63.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
97.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 867 |
| Opened positions | 132 |
| Closed positions | 72 |
| Increased positions | 307 |
| Reduced positions | 286 |
| 13F shares | Current |
|---|---|
| Total value | 29.63 tn |
| Total shares | 247.05 mm |
| Total puts | 3.39 mm |
| Total calls | 4.05 mm |
| Total put/call ratio | 0.8 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 29.84 mm | $3.72 tn |
| BLK Blackrock | 22.19 mm | $2.78 tn |
| Wellington Management | 13.57 mm | $1.70 tn |
| Capital World Investors | 12.89 mm | $1.62 tn |
| Aristotle Capital Management | 11.75 mm | $1.47 tn |
| STT State Street | 11.51 mm | $1.44 tn |
| FMR | 11.03 mm | $1.38 tn |
| Greenhaven Associates | 9.64 mm | $1.20 tn |
| MFC Manulife Financial | 9.26 mm | $516.56 mm |
| Manufacturers Life Insurance Company, The | 6.18 mm | $774.08 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 22 Sep 23 | Dacona Smith | Class A Common Stock | Grant | Acquire A | No | No | 0 | 708 | 0.00 | 708 |
| 2 Sep 23 | Wolfe Serena | Class A Common Stock | Grant | Acquire A | No | No | 0 | 778 | 0.00 | 778 |
| 31 Aug 23 | McClure Teri P | Class A Common Stock | Grant | Acquire A | No | No | 0 | 146 | 0.00 | 26,429 |
News
Check Out What Whales Are Doing With LEN
29 Sep 23
10 Consumer Discretionary Stocks Whale Activity In Today's Session
28 Sep 23
(LEN) - Analyzing Lennar's Short Interest
28 Sep 23
Lennar Unusual Options Activity For September 22
22 Sep 23
JP Morgan Maintains Neutral Rating for Lennar: Here's What You Need To Know
20 Sep 23
Press releases
Lennar Corporation Declares Quarterly Dividends
27 Sep 23
Lennar Elects Dacona Smith to the Board of Directors
20 Sep 23
Lennar Reports Third Quarter 2023 Results
14 Sep 23
Quarterra Multifamily and QuadReal Reach Key Milestones at Marymoor Submarket Developments in Redmond
7 Sep 23
LENNAR CORPORATION'S THIRD QUARTER EARNINGS CONFERENCE CALL TO BE BROADCAST LIVE ON THE INTERNET
5 Sep 23