Lennar Corp. NYSE: LEN budownictwo, deweloper

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wykres
http://finance.yahoo.com/echarts?s=len+Interactive
https://stockcharts.com/h-sc/ui?s=len

Lennar Corp. NYSE: LEN budownictwo, deweloper

http://en.wikipedia.org/wiki/Lennar_Corporation
wątek o spółce
http://www.hotstockmarket.com/t/51645/l ... ar-corp/40
http://thelion.com/bin/aio_msg.cgi?cmd= ... en&x=0&y=0
dywidendy ok. 0.3% 2019
dywidendy ok. 1% 2021
https://finviz.com/quote.ashx?t=LEN
https://seekingalpha.com/symbol/LEN/dividends/scorecard

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Wyniki podała również spółka deweloperska Lenner. Firma zanotowała zysk kwartalny na poziomie 78 centów na akcję wobec spodziewanych przez rynek 67 centów na akcję. Kurs spółki rósł po wynikach. pb.pl

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AT- 6-letni rekord

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http://247wallst.com/housing/2016/06/21 ... estimates/

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http://247wallst.com/housing/2016/09/20 ... me-buyers/

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Lennar Corp. Gives Investors Hope
Summary
Lennar Corp. reported yet another strong quarter with solid earnings growth.

The company sees renewed momentum in the housing market, which is exactly what homebuilders needed.

The problem is that macro indicators suggest further downside, which could be a huge disappointment for traders going forward.
https://seekingalpha.com/article/425150 ... ngcom_feed

[slayer74]

Lennar Needs to Clear $54 for a Major Breakout
https://www.thestreet.com/investing/ear ... t-14998518

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Lennar increases in its dividend, upping the quarterly dividend 212%! from $0.04 to $0.13 DY 0.79%

https://www.dividend.com/news/2020/01/2 ... -dividend/

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Lennar (LEN) reported that Q3 EPS rose 54%, just above views. But sales grew 18% to $6.9 billion, below views. Meanwhile, KBHome (KBH) met Q3 EPS views, but a 47% revenue jump fell short. Both blamed supply-chain constraints that curbed their ability to sell as many homes as they had projected.
ibd

[slayer74]

The housing numbers weren't strong enough to stop Lennar (NYSE:LEN) stock from falling 4.8% on a day when it reported problems with high lumber prices and other product shortages in its quarterly report. Lumber prices, which were trading at around $400 a ton before the pandemic started, have been on a wild ride in the last two years, peaking at over $1,700 in April before falling back to around $450 in the summer. However, they've since shot higher again and now trade at just over $1,100 a ton.

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Lennar Corp. (NYSE:LEN) reported its Q3 results, with EPS of $5.18 coming in better than the consensus estimate of $4.86. Revenue grew 29% year-over-year to $8.9 billion, compared to the consensus estimate of $8.97 billion.

Deliveries grew 13% year-over-year to 17,248 homes. New orders decreased 12% to 14,366 homes, with new orders' dollar value down 11% to $6.7 billion.

"While our new orders declined 12% compared to last year's third quarter, we continued to maintain a consistent starts pace and drive sales by adjusting pricing and incentives. Sales have clearly been impacted by rising interest rates, but there remains a significant national shortage of housing, especially workforce housing, and demand remains strong as we navigate the rebalance between price and interest rates," said Stuart Miller, Executive Chairman of Lennar.

The company provided its Q4 guidance, expecting New Orders in the range of 14,000 - 15,500 and Deliveries in the range of 20,000 - 21,000.

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Lennar (NYSE:LEN) stock fell pre 1.5% after the homebuilder reported better-than-expected third-quarter results, boosted by record high prices, but new home sales disappointed.

Latest Release
Sep 21, 2022

EPS / Forecast
5.03 / 4.86

Revenue / Forecast
8.93B / 8.97

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Homebuilder Lennar (LEN) gained 2.9% after reporting better-than-expected fiscal Q4 EPS and sales numbers. It also lowered year-over-year new order and backlog estimates. Gross margin took a hit, down 270 basis points.

Management cited higher interest rates as a sales headwind, but said the continued housing shortage creates ongoing demand.

Latest Release
Dec 14, 2022

EPS / Forecast
5.02 / 4.88

Revenue / Forecast
10.17B / 9.98B

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Lennar shares gain 3% on better than expected Q4 results; report seen as strong

Lennar Corp (NYSE:LEN) shares rose more than 3% following the company’s reported Q4 results, with EPS of $2.12 coming in better than the consensus estimate of $1.55. Revenue grew 5% year-over-year to $6.49 billion, beating the consensus estimate of $5.91B.

Deliveries increased 9% year-over-year to 13,659 homes. New orders decreased by 10% to 14,194 homes, with new orders dollar value down 18% to $6.4B. Backlog decreased 29% year-over-year to 19,403 homes, with backlog dollar value down 33% to $9.0B.

"During the quarter, we saw a generally strong economy at the intersection of high inflation and strong employment numbers, while the housing market continued down a winding road of trying to find its footing. In December, interest rates and sticker shock continued to constrain sales activity, while in January and early February, lower interest rates energized sales. In late February, a spike in interest rates impacted website and community traffic and had a slight impact on sales,” said Stuart Miller, Executive Chairman of Lennar.

"The Federal Reserve stayed its course of raising interest rates to cool inflation, though has yet to reach desired results. Homebuyers are considering the possibility that today's interest rate environment may be the new normal. Accordingly, the housing market continues shifting as growing household and family formation continued to drive demand against a chronic supply shortage."

For Q2/23, the company expects new orders in the range of 16,000-17,000, deliveries in the range of 15,000-16,000, and an average sales price of $435,000-$445,000. For the full year, the company expects deliveries in the range of 62,000-66,000.

Wolfe Research analysts said LEN delivered strong results.

"While the year is long, we believe LEN’s dynamic pricing model and industry conditions drove some price stabilization in recent months, supporting the company’s profitability in the upcoming quarter," they wrote in a note.

Oppenheimer analysts also believe Lennar delivered "a strong print and Q2 guidance," seen as "further proof of improving new home demand."

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Lennar (NYSE:LEN) stock rose 2.2% after the homebuilder raised its full-year forecast for home deliveries, benefiting from pent-up demand and the lack of existing home inventory.