Live Analysis: Lennar Corporation's stock price currently stands at $90.77, reflecting a decrease of 21 cents (-0.231%) from the previous close at $91. The trading volume is $13,607, representing a 19.64% difference from the average.
Earnings Overview: The latest quarterly earnings report, released on March 11th, shows an earnings per share of 94 cents, slightly below the consensus estimate of 95.3 cents.
Dividends: Lennar offers a forward dividend yield of 2.2%, with a dividend per share MRQ of 50 cents. The year-over-year comparison shows a decrease of $1 in dividend per share.
Cash Flow: The company reports a net change in cash of -$1.44 billion, with operating cash flow at -$328.50 million. Notable outflows include debt repayment of $611.39 million.
Income Statement: Lennar's revenue amounts to $6.62 billion, with a gross profit of $1 billion. The net income stands at $229.38 million, translating to an earnings per share of 94 cents.
Ratios: Key ratios include a net profit margin of 3.47%, return on equity of 1.05%, and a price to earnings ratio of 30.47.
Balance Sheet: The company holds $2 billion in cash and cash equivalents, with total assets amounting to $33.21 billion and total liabilities at $11.18 billion.
This comprehensive overview showcases Lennar Corporation's financial standing and performance in the current market conditions.
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.