Lennar Class B

LEN.B

Market cap $26.3B

MIAMI, Jan. 21, 2026 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on February 19, 2026 to holders of record at the close of business on February 4, 2026. About Lennar Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations.

Homebuilding stock Lennar Corp (NYSE:LEN) is sharply lower today, down 4.3% at $112.51 at last glance, after mixed fiscal fourth-quarter results.

2025 Fourth Quarter  Highlights Net earnings per diluted share of $1.93; $2.03 excluding adjustments of: $123 million mark-to-market gains on technology investments, and $156 million one-time loss on previously announced Millrose Properties, Inc. ("Millrose") exchange offer Net earnings of $490 million New orders increased 18% year over year to 20,018 homes Backlog of 13,936 homes with a dollar value of $5.2 billion Deliveries increased 4% year over year to 23,034 homes Total revenues of $9.4 billion Homebuilding operating earnings of $718 million Gross margin on home sales of 17.0%; net margin of 9.1% Financial Services operating earnings of $134 million Multifamily operating loss of $44 million Lennar Other operating earnings of $61 million Homebuilding cash and cash equivalents of $3.4 billion No outstanding borrowings under the Company's $3.1 billion revolving credit facility $1.7 billion outstanding under the Company's term loan facility Homebuilding debt to total capital of 15.7% Completed non-cash repurchase of 8.0 million Lennar shares through Millrose exchange offer 2025 Fiscal Year  Highlights Net earnings per diluted share of $7.98; $8.06 excluding adjustments of: $130 million mark-to-market gains on technology investments, and $156 million one-time loss on Millrose exchange offer Net earnings of $2.1 billion New orders increased 9% year over year to 83,978 homes Deliveries increased 3% year over year to 82,583 homes Total revenues of $34.2 billion Gross margin on home sales of 17.7%; net margin of 9.3% Completed spin-off of Millrose and acquisition of Rausch Coleman Homes' homebuilding operations in February Repurchased 22.1 million shares; 14.1 million shares of Lennar common stock for $1.7 billion in cash and 8.0 million shares through Millrose exchange offer MIAMI , Dec. 16, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, today reported results for its fourth quarter and fiscal year ended November 30, 2025. Fourth quarter net earnings attributable to Lennar in 2025 were $490 million, or $1.93 per diluted share, compared to $1.1 billion, or $4.06 per diluted share in the fourth quarter of 2024.

MIAMI, Dec. 3, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the fourth quarter ended November 30, 2025 after the market closes on December 16, 2025. Additionally, the Company will host a conference call on December 17, 2025 at 11:00 a.m. Eastern Time.

MIAMI , Nov. 14, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, today announced that Lennar Co-Chief Executive Officer and President Jon Jaffe will retire effective December 31, 2025, following a distinguished 42-year career with the Company, and he will also step down from his role as a Director of the Board of the Company. After Mr. Jaffe's retirement, Stuart Miller will continue to serve as Executive Chairman and serve as Chief Executive Officer of Lennar, with no plans to replace Mr.

MIAMI , Sept. 26, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on October 27, 2025 to holders of record at the close of business on October 10, 2025.

John Lovallo, UBS homebuilders and building products analyst, joins CNBC to discuss KB Home's outlook, stabilization across key markets like Florida and Texas, and why he believes 2026 could be a breakout year for housing if mortgage rates ease.

Third Quarter 2025 Highlights - comparisons to the prior year quarter Net earnings per diluted share of $2.29 ($2.00 excluding mark-to-market gains on technology investments) Net earnings of $591 million New orders increased 12% to 23,004 homes Backlog of 16,953 homes with a dollar value of $6.6 billion Deliveries of 21,584 homes - consistent with prior year Total revenues of $8.8 billion Homebuilding operating earnings of $760 million Gross margin on home sales of 17.5% SG&A expenses as a % of revenues from home sales of 8.2% Net margin on home sales of 9.2% Financial Services operating earnings of $178 million Multifamily operating loss of $16 million Lennar Other operating earnings of $62 million Years supply of owned homesites of 0.1 years Controlled homesites of 98% Homebuilding cash and cash equivalents of $1.4 billion Outstanding borrowings of $1.1 billion under the Company's $3.1 billion revolving credit facility Homebuilding debt to total capital of 13.5% Repurchased 4.1 million shares of Lennar common stock for $507 million MIAMI , Sept. 18, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, today reported results for its third quarter ended August 31, 2025.

MIAMI , Sept. 4, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the third quarter ended August 31, 2025 after the market closes on September 18, 2025.

@OptionsPlay's Tony Zhang sets the foundation for an example options trade in Lennar (LEN) as he sees the company building on its recent breakout. He points to the stock shattering a key resistance level at $125, backed by market expectations for incoming rate cuts, as signals for shares making a continuing move the upside.