Today, Lennar Corporation (LEN) is priced at $93.19, a decrease of 6 cents (-0.064%) from the previous close of $93.25. The trading volume stands at $257,988, representing an 8.61% increase relative to the average.
LEN has experienced a four-day streak of declining prices, starting at $94.81 and dropping by $1.62 (-1.71%) to the current value of $93.19.
In the latest quarterly earnings report released on Wednesday, March 11th, LEN reported an earnings per share of 88 cents, slightly below the consensus estimate of 95.3 cents.
LEN offers a forward dividend yield of 2.15%, with a dividend per share of 50 cents MRQ. The year-over-year dividend per share has decreased by 25 cents.
The cash flow analysis shows a net change in cash of -$1.44 billion, with operating cash flow at -$328.50 million and cash at the end of the period at $2.37 billion.
LEN's revenue stands at $6.62 billion, resulting in a gross profit of $1 billion. The net income for the period is $229.38 million, translating to an earnings per share of 94 cents.
Key ratios include a quick ratio of 0.84, net profit margin of 3.47%, and a price-to-earnings ratio of 30.47.
The total assets of LEN amount to $33.21 billion, with total liabilities at $11.18 billion, resulting in a net debt of $2.23 billion.
This comprehensive overview highlights the recent performance and financial standing of Lennar Corporation (LEN).
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.