Lennar CORP /NEW/

Market Movers (8-K)

NYSE
Lennar Corporation outlines its completed transition to an asset-light, manufacturing-focused homebuilding model designed to improve capital efficiency and shareholder returns.
NYSE
Lennar Corporation reported Q2 2026 net earnings of $305 million, or $1.24 per diluted share, amid persistent housing market challenges.
Worse than expected
NYSE
Lennar Corporation's 2026 Annual Meeting of Stockholders saw the election of directors, approval of executive compensation, and ratification of auditors, with two stockholder proposals failing to pass.
NYSE
Lennar Corporation reported a significant decline in Q1 2026 net earnings and home deliveries amidst persistent market headwinds, though new orders saw a slight increase.
Worse than expected
NYSE
Lennar Corporation announced its fourth quarter and fiscal year 2025 results, reporting significant declines in net earnings and margins despite increased home deliveries and new orders, reflecting a challenging housing market.
Worse than expected
NYSE
Lennar Corporation announced Co-Chief Executive Officer and President Jonathan Jaffe will retire effective December 31, 2025, with Stuart Miller continuing as Executive Chairman and Chief Executive Officer.

Quarterly Earnings (10-Q)

NYSE
Lennar Corporation reported a decrease in net earnings for the second quarter of 2026 compared to the prior year, citing market challenges and elevated interest rates.
Worse than expected
NYSE
Lennar Corporation's Q1 2026 results show a 13% decrease in home sales revenue compared to the prior year, driven by lower average sales prices and fewer home deliveries, while management focuses on cost efficiencies and strategic initiatives.
Worse than expected
NYSE
Lennar Corporation reports a significant drop in third-quarter net earnings and gross margins, navigating a softening housing market while advancing its asset-light strategy through the Millrose spin-off and Rausch acquisition.
Capital raise
Worse than expected
NYSE
Lennar Corporation reported a significant 50% decline in second-quarter net earnings and a notable drop in gross margins, reflecting a challenging housing market with higher interest rates and increased land costs, while actively pursuing its strategic shift towards an asset-light homebuilding model.
Worse than expected
Capital raise
NYSE
Lennar Corporation's first quarter 2025 results show a decrease in net earnings compared to the previous year, alongside the completion of the Millrose spin-off and the acquisition of Rausch Coleman Homes.
Worse than expected
NYSE
Lennar Corporation reported a solid third quarter with increased home deliveries and is progressing with plans to spin off its land assets into a separate REIT.
Worse than expected

Annual Reports (10-K)

NYSE
Lennar Corporation reports a challenging fiscal 2025 with reduced net earnings and gross margins, yet advances its land-light strategy and expands homebuilding operations through acquisition.
Capital raise
NYSE
Lennar Corporation reports a 10% increase in new home deliveries and announces strategic moves including the Millrose spin-off and acquisition of Rausch Coleman Homes.
Worse than expected
NYSE
Lennar Corporation has filed an amendment to its annual report to include an executive officer recovery policy, which was inadvertently omitted from the original filing.
NYSE
Lennar Corporation, one of the largest homebuilders in the U.S., reported a solid fiscal year 2023 with increased deliveries and strong cash flow, positioning itself for further growth in 2024.
Worse than expected

Insider Trading (Form 4)

NYSE
Jeffrey Sonnenfeld, a Director of Lennar Corp /New/, received 17 shares of common stock on July 10, 2026.
NYSE
Teri P Mcclure, a Director of Lennar Corp /New/, received 14 shares of common stock on July 10, 2026.
NYSE
Serena Wolfe, a Director of Lennar Corp /New/, received 14 shares of common stock on July 10, 2026.
NYSE
Dacona Smith, a Director of Lennar Corp /New/, received 14 shares of common stock on July 10, 2026.
NYSE
Theron I Gilliam, a Director of Lennar Corp /New/, received 14 shares of common stock on July 10, 2026.
NYSE
Sherrill W Hudson, a Director of Lennar Corp /New/, received 14 shares of common stock on July 10, 2026.

Proxy Statements (Def-14A)

NYSE
Lennar Corporation announces its 2026 Annual Meeting of Stockholders to vote on director elections, executive compensation, auditor ratification, and two stockholder proposals.
NYSE
Lennar Corporation's latest proxy statement details strong operational performance and strategic shifts in fiscal 2025, including a major spin-off and acquisition, amidst declining per-share financial metrics.
Worse than expected
NYSE
Lennar Corporation's 2025 Annual Meeting of Stockholders will be held virtually on April 9, 2025, with proxy voting open until April 8, 2025.
NYSE
Lennar Corporation's 2025 proxy statement outlines key proposals for the annual stockholder meeting, including director elections, executive compensation, and environmental and social governance matters.
NYSE
Lennar Corporation's 2024 Annual Meeting of Stockholders will be held virtually on April 10, 2024, with proxy materials available online.
NYSE
Lennar Corporation's 2024 proxy statement outlines proposals for the annual stockholder meeting, including director elections, executive compensation, and amendments to corporate governance.
Better than expected

Institutional Holdings (13F)

NYSE
Lennar Corp's 13F filing reveals significant holdings in Opendoor Technologies Inc. across common stock and various tradable warrants.

Schedule 13D - Activist Investments

NYSE
Lennar Corporation and its affiliates have filed an exit amendment to their Schedule 13D, indicating they no longer beneficially own more than five percent of Hippo Holdings Inc. common stock.
NYSE
A group of Gabelli entities and Mario Gabelli are advocating for Lennar shareholders to vote on amendments allowing Class B common stock conversion to Class A and eliminating the minimum Class B share requirement.
NYSE
Lennar Corporation has finalized its exchange offer, divesting nearly all of its Class A common stock in Millrose Properties, Inc.
NYSE
LEN FW Investor, LLC, an affiliate of Lennar Corporation, has reduced its beneficial ownership in Hippo Holdings Inc. by selling over 300,000 shares in open market transactions.
Worse than expected
NYSE
GAMCO Investors, led by Mario Gabelli, has urged Lennar Corp.'s Board to reconsider excluding Class B shareholders from its proposed Class A common stock exchange offer.
NYSE
Lennar Corporation and its affiliates have updated their beneficial ownership in Hippo Holdings Inc. after Hippo repurchased 514,309 shares from LEN FW Investor, LLC for approximately $14.5 million.

Schedule 13G - Passive Investments

NYSE
Eagle Capital Management, LLC has reported a 5.03% beneficial ownership stake in Lennar Corporation's Class A Common Stock.
NYSE
Greenhaven Associates, Inc. has reported a beneficial ownership of 10,943,681 shares of Lennar Corp. common stock, representing 5.08% of the class.
NYSE
Vanguard Capital Management has reported a beneficial ownership of 15,038,606 shares, representing 6.94% of Lennar Corp's common stock as of March 31, 2026.
NYSE
The Vanguard Group filed an amendment to its Schedule 13G for Lennar Corp., reporting zero beneficial ownership following an internal realignment.
NYSE
BlackRock, Inc. has reported an increased beneficial ownership of 7.6% in Lennar Corporation's Class A Stock, totaling 16,936,080 shares.
NYSE
BlackRock, Inc. has filed an amended Schedule 13G, disclosing its continued beneficial ownership of 8.8% of Lennar Corporation's Class A Stock as of March 31, 2025.