Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.

Lennar Corporation

Warren Buffett hasn't bought many stocks for Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio in the months leading up to his stepping down as CEO. Lennar (LEN 1.72%) (LEN.B) is one notable exception, though.

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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.

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Lennar Corporation (NYSE: LEN), one of the largest homebuilders in the United States, has witnessed a stock decline of approximately 25% over the past year, as a result of affordability challenges, elevated mortgage rates, and decreasing margins affecting investor confidence. The most recent quarterly earnings fell short of expectations, intensifying worries regarding the housing outlook in the near future.

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Lennar Corporation (NYSE:LEN ) Q3 2025 Earnings Call September 19, 2025 11:00 AM EDT Company Participants David Collins - VP & Controller Stuart Miller - Co-CEO & Executive Chairman Jonathan Jaffe - Co-CEO, President & Director Diane Bessette - CFO & VP Conference Call Participants Alan Ratner - Zelman & Associates LLC Stephen Kim - Evercore ISI Institutional Equities, Research Division Michael Rehaut - JPMorgan Chase & Co, Research Division Susan Maklari - Goldman Sachs Group, Inc., Research Division John Lovallo - UBS Investment Bank, Research Division Matthew Bouley - Barclays Bank PLC, Research Division Jade Rahmani - Keefe, Bruyette, & Woods, Inc., Research Division Presentation Operator Welcome to Lennar's Third Quarter Earnings Conference Call. [Operator Instructions] Today's conference is being recorded.

Lennar Corporation (LEN) Q3 2025 Earnings Call Transcript

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Real-time stock quote and overview for LEN