News & Videos - LENNAR CORP.

Lennar Reports First Quarter 2025 Results PR Newswire MIAMI, March 20, 2025 First Quarter 2025 Highlights - comparisons to the prior year quarter Net earnings per diluted share of $1.96 ( $2.14 , excluding mark-to-market losses on technology investments) Net earnings of $520 million New orders increased 1% to 18,355 homes; new orders dollar value decreased 4% to $7.4 billion Backlog of 13,145 homes with a dollar value of $5.8 billion Deliveries increased 6% to 17,834 homes Total revenues of $7.6...

Lennar Corporation's First Quarter Earnings Conference Call to be Broadcast Live on the Internet PR Newswire MIAMI, March 6, 2025 MIAMI , March 6, 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 first quarter ended February 28, 2025 after the market closes on March 20, 2025 . Additionally, the Company will hold a conference call on March 21, 2025 at 11:00 a.m. Eastern Time ....

Lennar Completes Acquisition of Rausch Coleman Homes PR Newswire MIAMI, Feb. 10, 2025 MIAMI , Feb. 10, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B, "Lennar") announced today the completion of the previously announced acquisition of Rausch Coleman Homes, a residential homebuilder based in Fayetteville, Arkansas ("Rausch Coleman"). Lennar acquired Rausch Coleman's homebuilding operations, which delivered approximately 5,300 homes with an average sales price of about $230,000 in...

Lennar Completes Spin-off of Millrose Properties PR Newswire MIAMI, Feb. 7, 2025 MIAMI , Feb. 7, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B, "Lennar"), one of the nation's leading homebuilders, and Millrose Properties, Inc. (NYSE: MRP, "Millrose"), a "first-of-its-kind" homesite option purchase platform, jointly announced today that they have successfully completed the previously announced taxable spin-off (the "Spin-Off") of Millrose from Lennar through a distribution of...

Previously Disclosed Millrose Spin-off Record Date and Election Period for Lennar Stockholders Begins Today PR Newswire MIAMI, Jan. 21, 2025 MIAMI , Jan. 21, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") is issuing this press release to remind Lennar stockholders that the previously disclosed record date and election period for the taxable spin-off of approximately 80% of the stock of Millrose Properties, Inc. ("Millrose") begins today. On February 7, 2025 , each...

Lennar Corporation Declares Quarterly Dividends PR Newswire MIAMI, Jan. 14, 2025 MIAMI , Jan. 14, 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 February 12, 2025 to holders of record at the close of business on January 29, 2025 . About Lennar Lennar Corporation, founded in 1954, is one of...

Lennar Declares Dividend and Sets Dates for Millrose Spin-off PR Newswire MIAMI, Jan. 10, 2025 MIAMI , Jan. 10, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") announced that its Board of Directors has declared a dividend and set the date for the previously announced taxable spin-off of approximately 80% of the stock of Millrose Properties, Inc. ("Millrose"). Stuart Miller , Executive Chairman and Co-Chief Executive Officer of Lennar, said, "We are very pleased to...

Lennar Reports Fourth Quarter and Fiscal 2024 Results PR Newswire MIAMI, Dec. 18, 2024 2024 Fourth Quarter Highlights– comparisons to the prior year quarter Net earnings per diluted share of $4.06 ( $4.03 , excluding mark-to-market gains on technology investments) Net earnings of $1.1 billion New orders decreased 3% to 16,895 homes; new orders dollar value decreased 1% to $7.2 billion Backlog of 11,633 homes with a dollar value of $5.4 billion Deliveries decreased 7% to 22,206 homes Total...

Lennar Subsidiary Makes SEC Filing Regarding Planned Spin-Off PR Newswire MIAMI, Dec. 18, 2024 MIAMI , Dec. 18, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar"), one of the nation's leading homebuilders, announced that its recently formed subsidiary, Millrose Properties, Inc. ("Millrose"), has filed with the Securities and Exchange Commission a registration statement under the Securities Act of 1933 on Form S-11 relating to a planned spin-off consisting of a contribution...

Lennar Corporation's Fourth Quarter Earnings Conference Call to Be Broadcast Live on the Internet PR Newswire MIAMI, Dec. 5, 2024 MIAMI , Dec. 5, 2024 /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, 2024 after the market closes on December 18, 2024 . Additionally, the Company will hold a conference call on December 19, 2024 at 11:00 a.m. Eastern...

Lennar and Base Power to Provide Homeowners a Battery-Powered Home Energy Service in Key Texas Markets PR Newswire DALLAS, Dec. 5, 2024 DALLAS , Dec. 5, 2024 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, today announced plans to equip select Lennar communities in the Austin and Dallas-Fort Worth area with home backup battery systems by Base Power. Through this collaboration, Lennar homeowners will have the opportunity to register for Base's monthly electricity service and...

Lennar To Acquire Rausch Coleman Homes PR Newswire MIAMI, Nov. 19, 2024 MIAMI , Nov. 19, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) announced today that it has entered into a definitive agreement to acquire Rausch Coleman Homes , a residential homebuilder based in Fayetteville, Arkansas . Lennar will acquire Rausch Coleman's homebuilding operations, which expects to deliver approximately 5,000 homes with an average sales price of $230,000 in calendar year 2024. In connection...

Lennar Corporation Declares Quarterly Dividends PR Newswire MIAMI, Sept. 25, 2024 MIAMI , Sept. 25, 2024 /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 24, 2024 to holders of record at the close of business on October 9, 2024 . About Lennar Lennar Corporation, founded in 1954, is one of...

Lennar Reports Third Quarter 2024 Results PR Newswire MIAMI, Sept. 19, 2024 Third Quarter 2024 Highlights - comparisons to the prior year quarter Net earnings per diluted share increased 10% to $4.26 $3.90 , excluding mark-to-market gains on technology investments and one-time items in the Company's Multifamily segment Net earnings increased 5% to $1.2 billion New orders increased 5% to 20,587 homes Backlog of 16,944 homes with a dollar value of $7.7 billion Deliveries increased 16% to 21,516...

Lennar Corporation's Third Quarter Earnings Conference Call to Be Broadcast Live on the Internet PR Newswire MIAMI, Sept. 5, 2024 MIAMI , Sept. 5, 2024 /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, 2024 after the market closes on September 19, 2024 . Additionally, the Company will hold a conference call on September 20, 2024 at 11:00 a.m. Eastern...

Lennar Corporation Declares Quarterly Dividends PR Newswire MIAMI, June 20, 2024 MIAMI , June 20, 2024 /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 July 19, 2024 to holders of record at the close of business on July 5, 2024 . About Lennar Lennar Corporation, founded in 1954, is one of the...

Lennar Reports Second Quarter 2024 Results PR Newswire MIAMI, June 17, 2024 Second Quarter 2024 Highlights - comparisons to the prior year quarter Net earnings per diluted share increased 15% to $3.45 $3.38 , excluding mark-to-market losses on technology investments and one-time gain on sale of a technology investment Net earnings increased 9% to $954 million New orders increased 19% to 21,293 homes Backlog of 17,873 homes with a dollar value of $8.2 billion Deliveries increased 15% to 19,690...

LENNAR CORPORATION'S SECOND QUARTER EARNINGS CONFERENCE CALL TO BE BROADCAST LIVE ON THE INTERNET PR Newswire MIAMI, June 4, 2024 MIAMI , June 4, 2024 /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 second quarter ended May 31, 2024 after the market closes on June 17, 2024 . Additionally, the Company will hold a conference call on June 18, 2024 at 11:00 a.m. Eastern Time . The call...

Lennar Corporation Declares Quarterly Dividends PR Newswire MIAMI, April 10, 2024 MIAMI , April 10, 2024 /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 May 8, 2024 to holders of record at the close of business on April 24, 2024 . About Lennar Lennar Corporation, founded in 1954, is one of the...

Lennar Reports First Quarter 2024 Results PR Newswire MIAMI, March 13, 2024 First Quarter 2024 Highlights - comparisons to the prior year quarter Net earnings per diluted share increased 25% to $2.57 Net earnings increased 21% to $719 million New orders increased 28% to 18,176 homes; new orders dollar value increased 21% to $7.7 billion Backlog of 16,270 homes with a dollar value of $7.4 billion Deliveries increased 23% to 16,798 homes Total revenues increased 13% to $7.3 billion Homebuilding...