Lennar Reports Fourth Quarter and Fiscal 2024 Results
Lennar Corporation Class A (LEN)
Last lennar corporation class a earnings: 3/19 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.lennar.com
Company Research
Source: PR Newswire
2024 Fourth Quarter Highlights– comparisons to the prior year quarterNet earnings per diluted share of $4.06 ($4.03, excluding mark-to-market gains on technology investments)Net earnings of $1.1 billionNew orders decreased 3% to 16,895 homes; new orders dollar value decreased 1% to $7.2 billionBacklog of 11,633 homes with a dollar value of $5.4 billionDeliveries decreased 7% to 22,206 homesTotal revenues of $9.9 billionHomebuilding operating earnings of $1.5 billionGross margin on home sales of 22.1%S,G&A expenses as a % of revenues from home sales of 7.2%Net margin on home sales of 14.9%Financial Services operating earnings of $154 millionMultifamily operating loss of $0.2 millionLennar Other operating earnings of $0.5 millionHomebuilding cash and cash equivalents of $4.7 billionYears supply of owned homesites of 1.1 years and controlled homesites of 82%No outstanding borrowings under the Company's $2.9 billion revolving credit facilityHomebuilding debt to total capital of 7.5%Repurc
Show less
Read more
Impact Snapshot
Event Time:
LEN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LEN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LEN alerts
High impacting Lennar Corporation Class A news events
Weekly update
A roundup of the hottest topics
LEN
News
- Lennar Co. (NYSE: LEN) had its price target lowered by analysts at Royal Bank of Canada from $160.00 to $130.00. They now have an "underperform" rating on the stock.MarketBeat
- Lennar Co. (NYSE: LEN) had its price target lowered by analysts at UBS Group AG from $225.00 to $205.00. They now have a "buy" rating on the stock.MarketBeat
- Lennar Co. (NYSE: LEN) had its price target lowered by analysts at Keefe, Bruyette & Woods from $210.00 to $170.00. They now have an "outperform" rating on the stock.MarketBeat
- Lennar Co. (NYSE: LEN) had its price target lowered by analysts at Barclays PLC from $181.00 to $135.00. They now have an "equal weight" rating on the stock.MarketBeat
- Lennar Co. (NYSE: LEN) was downgraded by analysts at BTIG Research from a "buy" rating to a "neutral" rating.MarketBeat
LEN
Earnings
- 12/18/24 - Miss
LEN
Sec Filings
- 12/18/24 - Form 8-K
- 12/2/24 - Form 4
- 12/2/24 - Form 4
- LEN's page on the SEC website