Lennar Corp (NYSE:LEN) lifted its annual dividend to $2 per share from $1.50, and also raised its stock buyback program by $5 billion. LEN was last seen up 3.6% to trade at $153.56, and earlier came even closer to its Dec. 15 all-time high of $156, after staging a bounce off the $144 level last week. Over the past 12 months, the security added almost 60%.The options pits are seeing increased bullish activity in response. So far today, 2,350 calls have been traded, or double the intraday average amount. Most ...

Lennar (LEN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this homebuilder have returned +5.4%, compared to the Zacks S&P 500 composite's +3.4% change. During this period, the Zacks Building Products - Home Builders industry, which Lennar falls in, has gained 6.9%. The key question now is: What could be the stock's future direction?Although medi ...

Lennar LEN, -0.77% raised its annual dividend to $2.00 a share, a 33% increase, and said the homebuilder’s board has authorized a $5 billion increase to its share-repurchase program. Based on the closing stock price of $148.16 on Tuesday, the dividend increase boosts the annual dividend yield to about 1.3%. “Given the strength of our balance sheet, our strong cash position and our operating strategy driving cash flow, we are focusing more of our capital allocation on maximizing total shareholder returns, ...

MIAMI, Jan. 9, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has increased its annual dividend to $2.00 per share from $1.50 per share, resulting in a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock. The dividend is payable on February 7, 2024 to holders of record at the close of business on January 24, 2024. Lennar also announced that its Board of Directors has authorized an ...

With the fourth quarter earnings season officially starting later next week, one company that has already posted strong end-of-the-year results is home builder Lennar Corporation (LEN) .  After beating Q4 top and bottom line expectations in mid-December, Lennar has remained on a long list of homebuilders that have largely outperformed the broader market with other notable names being D.R. Horton (DHI), Toll Brothers (TOL), and KB Home (KBH).Starting the new year, let’s see if now is a good time to buy Lenna ...

Lennar Corporation (NYSE:LEN) Q4 2023 Earnings Call Transcript December 15, 2023 11:00 AM ET Company Participants David Collins - VP & Controller Stuart Miller - Executive Chairman Jon Jaffee - Co-CEO & President Diane Bessette - CFO Conference Call Participants Stephen Kim - Evercore ISI Alan Ratner - Zelman & Associates Kenneth Zener - Seaport Research Partners Michael Rehaut - JPMorgan Susan Maklari - Goldman Sachs Operator Welcome Lennar's Fourth Quarter Earnings Conference Call. At this time, all parti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from _______ To _______ Commission File Number: 1-11749 Lennar Corporation (Exact name of registrant as specified in its charter) Delaware 95-4337490 (State or ot ...

Lennar Corporation (NYSE:LEN) Q3 2023 Earnings Conference Call September 15, 2023 11:00 AM ET Company Participants David Collins - Controller and Vice President Stuart Miller - Executive Chairman Jon Jaffe - Co-Chief Executive Officer and President Diane Bessette - Chief Financial Officer Conference Call Participants Truman Patterson - Wolfe Research Susan Maklari - Goldman Sachs Stephen Kim - Evercore ISI Carl Reichardt - BTIG Alan Ratner - Zelman & Associates Ken Zener - Seaport Research Partners John Lov ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from _______ To _______ Commission File Number: 1-11749 Lennar Corporation (Exact name of registrant as specified in its charter) Delaware 95-4337490 (State or other ...

Lennar Corporation (NYSE:LEN) Q2 2023 Earnings Conference Call June 15, 2023 11:00 AM ET Company Participants David Collins - VP and Controller Stuart Miller - Executive Chairman Rick Beckwitt - Co-CEO and Co-President Jon Jaffe - Co-CEO and Co-President Diane Bessette - CFO Bruce Gross - CEO, Lennar Financial Services Conference Call Participants Kenneth Zener - Seaport Research Partners Susan Maklari - Goldman Sachs Stephen Kim - Evercore ISI Truman Patterson - Wolfe Research Alan Ratner - Zelman & Associ ...