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 • 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
Latest filings (excl ownership)
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
DEFA14A
Additional proxy soliciting materials
29 Feb 24
DEF 14A
Definitive proxy
29 Feb 24
PRE 14A
Preliminary proxy
16 Feb 24
10-K
2023 FY
Annual report
26 Jan 24
8-K
Lennar Reports Fourth Quarter and Fiscal 2023 Results
14 Dec 23
8-K
Entry into a Material Definitive Agreement
5 Dec 23
Transcripts
LEN
Earnings call transcript
2023 Q4
15 Dec 23
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
Latest ownership filings
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 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net 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) | 500.39 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 3.62 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 56.7 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
95.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 859 |
Opened positions | 101 |
Closed positions | 85 |
Increased positions | 327 |
Reduced positions | 277 |
13F shares | Current |
---|---|
Total value | 25.21 tn |
Total shares | 234.04 mm |
Total puts | 3.87 mm |
Total calls | 3.98 mm |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 27.68 mm | $3.11 tn |
BLK Blackrock | 22.03 mm | $2.47 tn |
Wellington Management | 13.06 mm | $1.47 tn |
STT State Street | 11.56 mm | $1.30 tn |
Aristotle Capital Management | 11.43 mm | $1.28 tn |
FMR | 11.26 mm | $1.26 tn |
MFC Manulife Financial | 9.26 mm | $516.56 mm |
Greenhaven Associates | 8.98 mm | $1.01 tn |
Capital World Investors | 6.80 mm | $763.08 bn |
Manufacturers Life Insurance Company, The | 6.54 mm | $734.48 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Apr 24 | Banse Amy | Class A Common Stock | Grant | Acquire A | No | No | 0 | 863 | 0.00 | 12,722 |
10 Apr 24 | Banse Amy | Class A Common Stock | Buy | Acquire P | No | No | 157 | 1,575 | 247.28 k | 11,859 |
10 Apr 24 | Gilliam Theron I | Class A Common Stock | Grant | Acquire A | No | No | 0 | 863 | 0.00 | 33,242 |
10 Apr 24 | Hudson Sherrill W | Class A Common Stock | Grant | Acquire A | No | No | 0 | 863 | 0.00 | 34,712 |
10 Apr 24 | Lapidus Sidney | Class A Common Stock | Grant | Acquire A | No | No | 0 | 863 | 0.00 | 122,671 |
10 Apr 24 | McClure Teri P | Class A Common Stock | Grant | Acquire A | No | No | 0 | 863 | 0.00 | 27,538 |
News
Lennar: Q1 Earnings Insights
13 Mar 24
Lennar Q1 2024 GAAP EPS $2.57 Beats $2.23 Estimate, Sales $7.310B Miss $7.388B Estimate
13 Mar 24
Warren Buffett Ignores His Own Advice With Home Builder Stock: Are Other Stocks At Risk?
27 Feb 24
Building A Better Housing Market: Is The Worst Over As Existing Home Sales Jump In January?
22 Feb 24
Toll Brothers Paves The Way: 2024 Profit Projections Rise, Cementing Homebuilder Hopes
21 Feb 24