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Lennar Reports Strong Results And OutlookDavid Sims • Wed, Jun 27, 2012 -
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Meritage Sets The Bar High For BuildersTodd Campbell • Wed, Apr 24
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Lennar Management Discusses Q3 2012 Results - Earnings Call TranscriptMon, Sep 24, 2012
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Lennar Management Discusses Q2 2012 Results - Earnings Call TranscriptWed, Jun 27, 2012
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Lennar's CEO Discusses Q1 2012 Results - Earnings Call TranscriptTue, Mar 27, 2012
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Lennar's CEO Discusses Q4 2011 Results - Earnings Call TranscriptWed, Jan 11, 2012
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Lennar's CEO Discusses Q3 2011 Results - Earnings Call TranscriptMon, Sep 19, 2011
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Lennar's CEO Discusses Q2 2011 Results - Earnings Call TranscriptThu, Jun 23, 2011
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Lennar's CEO Discusses Q1 2011 Results - Earnings Call TranscriptTue, Mar 29, 2011
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Lennar CEO Discusses F4Q2010 Results - Earnings Call TranscriptTue, Jan 11, 2011
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Lennar Corporation F2Q10 (Qtr End 05/31/10) Earnings Call TranscriptThu, Jun 24, 2010
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Lennar Corporation F1Q10 (Qtr End 02/28/10) Earnings Call TranscriptWed, Mar 24, 2010
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Lennar Corporation F4Q09 (Qtr End 11/30/09) Earnings Call TranscriptThu, Jan 7, 2010
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Lennar Corporation F3Q09 (Qtr End 08/31/09) Earnings Call TranscriptMon, Sep 21, 2009
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Lennar Corp Q4 2008 Earnings Call TranscriptMon, Dec 29, 2008
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Lennar Corporation F3Q08 (Qtr End 08/31/08) Earnings Call TranscriptTue, Sep 23, 2008
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Lennar Corp. F2Q08 (Qtr End 05/31/08) Earnings Call TranscriptThu, Jun 26, 2008
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Lennar Corp. F1Q08 (2/29/08) Earnings TranscriptThu, Mar 27, 2008
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Lennar Corporation Q4 2007 Earnings Call TranscriptThu, Jan 24, 2008
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Lennar Corporation Q3 2007 Earnings Call TranscriptThu, Sep 27, 2007
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at CNBC.com (Apr 24, 2013)
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at MarketWatch.com (Apr 23, 2013)
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PR Newswire (Apr 10, 2013)
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PR Newswire (Apr 10, 2013)
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at MarketWatch.com (Mar 26, 2013)
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at CNBC.com (Mar 25, 2013)
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at Fox Business (Mar 25, 2013)
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at CNBC.com (Mar 22, 2013)
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at MarketWatch.com (Mar 22, 2013)
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at CNBC.com (Mar 20, 2013)
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at MarketWatch.com (Mar 20, 2013)
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at CNBC.com (Mar 20, 2013)
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at MarketWatch.com (Mar 20, 2013)
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at Fox Business (Mar 20, 2013)
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at CNBC.com (Mar 20, 2013)
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at MarketWatch.com (Mar 20, 2013)
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at CNBC.com (Mar 20, 2013)
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PR Newswire (Mar 20, 2013)
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at CNBC.com (Mar 19, 2013)
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at CNBC.com (Mar 18, 2013)
LEN vs. ETF Alternatives
Company Description
We are one of the nation’s largest homebuilders and a provider of financial services. Our homebuilding operations include the construction and sale of single-family attached and detached homes, and to a lesser extent multi-level residential buildings, as well as the purchase, development and... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Friday, May 17, 1:48 PM Real Goods Solar (RSOL +105.9%) skyrockets after SA contributor Andy Zelenak makes a bull case, citing the potential of the company's partnership with homebuilder Lennar (LEN) and its PowerOn solar modules. Zelenak notes the Lennar deal allows home buyers to install panels "with no money down at a guaranteed 20% lower-than-grid cost," and that PowerOn modules sell for just $2.33/watt, well below the national average of $4/watt. He also considers RSOL's valuation reasonable relative to those of high-flyers such as SolarCity. 2 Comments [Tech, On the Move, Quick Ideas]
- Wednesday, May 8, 3:16 PM The bull story on the homebuilders (XHB) still has years to play out, says Steve Eisman, speaking at Ira Sohn under the topic, "Housing: U.S. vs. Canada." He's especially bullish on the land-rich homebuilders - LEN, PHM, SPF - as there's not enough inventory to support demand and land prices will be heading higher, but the purest land play might be Forestar Group (FOR +5.5%), worth $30/share in his opinion. Comment! [Quick Ideas]
- Wednesday, April 24, 12:19 PM Meritage Homes (MTH +5.2%) moves higher today on a solid Q1 earnings beat this morning. The number of closed homes for the quarter jumped 17% as closing surged 39% and orders jumped 35%. What's really driving the stock right now is its forecast for FY13. The homebuilder's EPS forecast, based on a 40% increase in closings revenue the rest of the year, puts the midpoint of its profit estimate more than 15% above consensus views - which were already double that from 2012. It now expects to earn between $2.20 - 2.45, versus Street estimates of $2.04. Comment! [Earnings, On the Move]
- Monday, April 22, 12:11 PM Homebuilders slip today on weaker than anticipated earnings out of NVR and a miss on Existing Home Sales numbers for March: [(XHB -0.6%, [HOV]] -1.6%, MTH -0.6%, RYL -1.3%, TOL -1.4%, TPH -0.4%, DHI -0.2%, KBH -0.2%, LEN -1.2%, SPF -1%. Home improvement superstore operators also feel the pinch: (HD -0.4% and (LOW -1.2%. 2 Comments [On the Move, U.S. Economy]
- Tuesday, April 16, 11:29 AM Homebuilder stocks aren't taking much encouragement off the bigger number in Housing Starts today, as the underlying data doesn't appear to be strong enough to offset yesterday's drubbing: BZH -0.7%, TMHC -0.2%, HOV -0.2%, DHI +0.9%, KBH +0.5%, PHM +1.6%, LEN +0.9%, TOL +1%. Building materials suppliers on the other hand don't care what kind of homes are being built, and are having a much better day on the news: LII +2.3%, WSO +2%, SHW +3.3%, LPX +3.6%). Comment!
- Monday, April 15, 11:44 AM Homebuilders are taking a hit today on the back of weaker-than-expected housing data: XHB -2.7%, KBH -4.7%, TOL -4.5%, DHI -4.3%, PHM -4.1%, HOV -3.7%, LEN -3.2%, BZH -3.3%. Comment! [On the Move]
- Wednesday, April 10, 4:42 PM Lennar Corporation (LEN) declares $0.04/share quarterly dividend, in line with previous. Forward yield 0.40%. For shareholders of record Apr. 24. Payable May 08. Ex-div date Apr. 22. (PR) Comment! [Dividends]
- Tuesday, April 9, 8:30 PM Homebuilding stocks have been on a tear now for over a year now, with leaders like KB Home (KBH), PulteGroup (PHM), Lennar (LEN), and Toll Brothers (TOL) all racking up solid gains. With such a big move already underway in the sector, today's $200M IPO announcement by William Lyon Homes (WLH), along with the $602M Taylor Morrison (TMHC) IPO due out later this week, may be viewed by some contrarians as a sign of a top in the market. 18 Comments [U.S. Economy]
- Wednesday, March 20, 9:09 AM More on Lennar (LEN) FQ1: Net income profit jumps nearly three-fold to $57.5M, with rock-bottom interest rates, "attractive home prices" and increasing rents boosting sales. Delivers 3,186 homes with an average price of $269K vs 2,482 homes at $246K a year earlier. Backlog $1.5B, new orders +34% to 4,055 homes. Gross margin falls to 22.1% from 23.5% in FQ4 but is still the biggest margin among Lennar's major peers. Shares +1.2%. Comment! [Earnings, Consumer]
- Wednesday, March 20, 6:02 AM Lennar (LEN): FQ1 EPS of $0.26 beats by $0.10. Revenue of $989.9M (+37% Y/Y) beats by $91.91M. (PR) Comment! [Earnings, Breaking News]
- Wednesday, March 20, 12:05 AM Notable earnings before Wednesday’s open: FDX, GIS, LEN Comment! [Earnings]
- Tuesday, March 19, 5:30 PM Notable earnings before Wednesday’s open: FDX, GIS, LEN Comment! [Earnings]
- Saturday, March 16, 10:00 AM Lennar (LEN) CEO Stuart Miller is bullish on the housing market. "We are clearly in the midst of a recovery," he says. "Prices are moving up not because costs are moving up so much, but because demand is getting so strong." Just look at Nevada, one of the nation's hardest hit by the housing collapse. Despite a 334% surge in new foreclosures, builders are ramping up production. Housing starts in Las Vegas are up nearly 100% from a year ago. Miller says he wouldn't be surprised to housing starts get to 1.7M, even 2M nationwide at some point when the recovery really kicks in. 7 Comments [U.S. Economy]
- Friday, March 15, 4:38 PM Homebuilder stocks are moving away from trading on the macro news and beginning to trade more on company-specific fundamentals, according to Wells Fargo. While most homebuilder shares have outperformed the S&P 500 over the last twelve months, different patterns are starting to emerge. Performance within the sector is beginning to fragment. Over the last week for example, half of the builders the firm follows outperformed while half underperformed. Similarly over the last month, only 5 of the 12 outperformed. 7 Comments [U.S. Economy]
- Thursday, January 17, 5:06 PM Lennar Corporation (LEN) declares $0.04/share quarterly dividend, in line with previous. Forward yield 0.38%. For shareholders of record Feb. 01. Payable Feb. 15. Ex-div date Jan. 30. (PR) Comment! [Dividends]
- Thursday, January 17, 9:25 AM A check on the homebuilder ETFs finds both XHB and ITB about 1% higher premarket following the big housing starts number. It's no news multi-family starts were of particular strength (longer-term chart), and Lennar (LEN) got on board this week, announcing its entry into that segment of the business. Comment! [U.S. Economy, On the Move]
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Chines33: Yes typically. It all depends on situation. Price, company, news, overall market. Lot of variables.
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wheelz23: i was swing trading, but have been day trading...it seems like swing trading is less work, more money for the stocks i was trading...thanks
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Daniel Nadler
These Homebuilders Outperformed Since the Market Bottom 2009: http://goo.gl/6QEsM $XHB $LEN $HOV $KBH $RYL $PHM $TOL - View all 0 replies
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ONeil Trader
Homebuilders still looking "toppy" http://stks.co/hNCR $PHM $TOL $LEN $ITB $XHB this two day rally not very convincing. - View all 0 replies
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ONeil Trader
Homebuilders rallied today, but most of them unable to cross the 50dma $LEN $TOL $PHM $ITB $XHB http://stks.co/t3k3 - View all 0 replies
LATEST REPLIES
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Chines33: Yes typically. It all depends on situation. Price, company, news, overall market. Lot of variables.
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wheelz23: i was swing trading, but have been day trading...it seems like swing trading is less work, more money for the stocks i was trading...thanks
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Ryan Mallory: not sure about that last comment...i look at a much longer-time period with this scan. I've also just updated it recently as well on my site
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golfrattt: Banks manipulating the RE market, but rates are rising, which doesn't bode well for home prices. Banks are the root of all market evils. -
Cabeza Howe: What's your idea on how to benefit from this evil bank dominance?
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WhisperNumber
$LEN reports earnings of $0.56, 10 cents ahead of whisper number. Price movement expectation here: http://seekingalpha.com/a/nszp - View all 8 replies
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WhisperNumber: Let's get more specific: LEN only has a 50% reaction accuracy. Not what we consider a 'whisper reactor'.
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Gabu: ok. The Uptick/Downtick ratio shows money is flowing-in, then I am unable to understand how the price can go down with inflow of money.
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FortSumter: Interesting article in local Orlando paper. Middle class fixer upper house had 64 offers in 2 days. Flipping is back in vogue. -
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x oil -field
Bloomberg: Housing Starts in U.S. Surged in September to Four-Year High. http://bloom.bg/QrTvRw $LEN FMCC.OB - View all 3 replies
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x oil -field: Will Support 3M by End of the Decade, IHS Study Finds,number of jobs supported will continue to rise to nearly 3.5M,according to the study.
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Dr. Kris: Sorry for your pain! I've felt it many times when I've ignored the technicals and thought I knew better.
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Ocean Man: Thanks, but I'm fine, I picked 7 shorts post-Fed and 5 of them worked. Diversification strikes again.
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Brandon Gibbs: Some Lenar action kicking into gear, Central Florida home prices ticking up here and there, trees starting to go down again (sad part)
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realornot: thank you very much. I bought held and now sold with nice profits! buy again on the next low dip! -
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jason2788: doubtful they are even close to bottoming. if rates actually start to push upward, we'll see another leg down. -