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Latest Lennar Corporation Stories

2014-09-17 08:31:45

MIAMI, Sept. 17, 2014 /PRNewswire/ -- -- Net earnings of $177.8 million, or $0.78 per diluted share, compared to net earnings of $120.7 million, or $0.54 per diluted share -- Deliveries of 5,457 homes - up 9% -- New orders of 5,889 homes - up 23%; new orders dollar value of $1.9 billion - up 28% -- Backlog of 7,290 homes - up 22%; backlog dollar value of $2.5 billion - up 29% -- Revenues of $2.0 billion - up 26% -- Gross margin on home...

2014-09-03 16:31:04

MIAMI, Sept. 3, 2014 /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, 2014 before the market opens on September 17, 2014. Additionally, the Company will hold a conference call on September 17, 2014 at 11:00 a.m. Eastern Time. The call will be broadcast live on the Internet and can be accessed through Lennar's website at www.lennar.com. If...

2014-09-02 23:09:29

Phoenix-based company experiences boom in business as the economy continues to improve. Affordable home prices among reasons for big increases in recent months. Phoenix, Ariz. (PRWEB) September 02, 2014 City Property Management, which has been managing and servicing Arizona HOA’s for the past 35 years, has been chosen by 17 new communities in the past two months to serve as their managing agent. In total CPM manages nearly 90,000 units, in 295 associations Arizona-wide, including the...

2014-06-26 08:29:48

MIAMI, June 26, 2014 /PRNewswire/ -- -- Net earnings of $137.7 million, or $0.61 per diluted share, compared to net earnings of $137.4 million, or $0.61 per diluted share, which included a partial reversal of the state deferred tax asset valuation allowance of $41.3 million, or $0.18 per diluted share -- Deliveries of 4,987 homes - up 12% -- New orders of 6,183 homes - up 8%; new orders dollar value of $2.0 billion - up 21% -- Backlog of...

2014-06-25 16:27:19

MIAMI, June 25, 2014 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share for both Class A and Class B common stock payable on July 24, 2014 to holders of record at the close of business on July 10, 2014. About Lennar Lennar Corporation, founded in 1954, is one of the nation's largest builders of quality homes for all generations. The Company...

2014-06-10 16:29:20

MIAMI, June 10, 2014 /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, 2014 before the market opens on June 26, 2014. Additionally, the Company will hold a conference call on June 26, 2014 at 11:00 a.m. Eastern Time. The call will be broadcast live on the Internet and can be accessed through Lennar's website at www.lennar.com. If you are...

2014-04-09 16:26:33

MIAMI, April 9, 2014 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share for both Class A and Class B common stock payable on May 7, 2014 to holders of record at the close of business on April 23, 2014. About Lennar Lennar Corporation, founded in 1954, is one of the nation's largest builders of quality homes for all generations. The Company...

2014-04-07 20:20:13

MIAMI, April 7, 2014 /PRNewswire/ -- Universal American Mortgage Company (UAMC), the mortgage banking subsidiary of Lennar Corporation (NYSE: LEN & LEN.B), one of the nation's largest homebuilders and a member of the S&P 500, announced today that it has acquired certain assets of Pinnacle Mortgage Group, Inc. (Pinnacle). The STRATMOR Group served as the exclusive advisor to UAMC and initiated this transaction. Pinnacle, a Colorado-based mortgage company founded in 1995, is...

2014-03-20 12:34:19

ARVADA, Colo., March 20, 2014 /PRNewswire/ -- Thanks in large part to its stunning 360-degree views of downtown Denver and the Front Range, Candelas is quickly running out of lots for home-builders to build on as hundreds of families decide to make their home in Arvada's environmentally-friendly and western-most new community. Candelas officials report that almost 80 percent of its 1,447 available single-family residential lots have been purchased by the community's eight respected...

2014-03-20 08:32:12

MIAMI, March 20, 2014 /PRNewswire/ -- -- Net earnings of $78.1 million, or $0.35 per diluted share, which included a $45.9 million tax provision, compared to net earnings of $57.5 million, or $0.26 per diluted share, which included a $3.6 million tax benefit -- Deliveries of 3,609 homes - up 13% -- New orders of 4,465 homes - up 10%; new orders dollar value of $1.5 billion - up 26% -- Backlog of 5,662 homes - up 15%; backlog dollar value...


Word of the Day
virgule
  • A punctuation mark (/) used to separate related items of information.
  • A little rod; a twig.
This word comes from the Late Latin 'virgula,' accentual mark, a diminutive of 'virga,' rod.
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