Juniper Hills - Orchard Series by Lennar (2024)

FAQs

How does Lennar make money? ›

In 2023, the Homebuilding segment was the most significant contributor to Lennar's revenue, bringing in $32.67 billion, which accounted for nearly 95.4% of the total revenue. The Multifamily and Financial Services segments generated much smaller revenues of about $573.5 million (1.68%) and $976.86 million (2.85%).

Lennar revenue for the twelve months ending May 31, 2024 was $35.776B, a 6.34% increase year-over-year. Lennar annual revenue for 2023 was $34.233B, a 1.67% increase from 2022. Lennar annual revenue for 2022 was $33.671B, a 24.11% increase from 2021.

Our family of companies

Learn more about the entities that make up our Lennar family. Founded in 2011, Quarterra offers rental apartment communities nationwide for those who are not yet ready to buy a home. Village Builders offers unique luxury homes of exceptional quality and premium craftsmanship in select locations.

According to the lawsuit, Lennar Homes failed to disclose material information about the homes. It was building such as: Defective construction, Faulty plumbing, And other potential safety concerns.

Stuart A Miller, CEO of Lennar (LEN), Earns $19.1 mil.

Lennar's merger with CalAtlantic Homes creates the nation's largest homebuilder.

With nearly 80,000 closings in 2021 bringing in more than $27 billion in revenue, D.R. Horton is the largest home builder in the US for the 20th year running. It's quite literally the behemoth in the homebuilding industry, with local affiliates in service areas around the U.S.

The only significant difference between the Class A common stock and Class B common stock is that Class A common stock entitles holders to one vote per share and the Class B common stock entitles holders to ten votes per share.

Lennar has a consensus rating of Moderate Buy which is based on 8 buy ratings, 9 hold ratings and 1 sell ratings. The average price target for Lennar is $175.71. This is based on 18 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

The main competitors of Lennar include D.R. Horton (DHI), PulteGroup (PHM), NVR (NVR), Toll Brothers (TOL), Meritage Homes (MTH), KB Home (KBH), M/I Homes (MHO), Tri Pointe Homes (TPH), Cavco Industries (CVCO), and Hovnanian Enterprises (HOV). These companies are all part of the "homebuilding" industry.

What is Lennar's business model? ›

Lennar Corporation's primary business segment involves the construction and sale of residential properties. This includes the acquisition of land, development of housing projects, and marketing and selling completed homes.

As of today (2024-08-14), Lennar's share price is $170.37. Lennar's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2024 was $14.71. Therefore, Lennar's PE Ratio (TTM) for today is 11.58.

Dividend Data

Lennar Corporation's ( LEN ) dividend yield is 1.17%, which means that for every $100 invested in the company's stock, investors would receive $1.17 in dividends per year. Lennar Corporation's payout ratio is 11.84% which means that 11.84% of the company's earnings are paid out as dividends.

What Is Lennar's Net Debt? As you can see below, Lennar had US$3.65b of debt at May 2024, down from US$5.03b a year prior.