Lennar Corporation is a homebuilder and a provider of financial services and through its Rialto Investments (Rialto) segment, an investor, and manager of funds that invest in real estate assets. 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 directly and through unconsolidated entities in which it has investments. Its homebuilding activities have five segments: Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida, and Homebuilding Houston. It has two other segments: financial services and rialto. Its financial services reportable segment provides mortgage financing, title insurance and closing services for both buyers of its homes and others. Rialto segment focuses on real estate investments and asset management.
|Headquarters||700 Northwest 107th Avenue|
MIAMI, FL, United States 33172
|Chief Executive Officer, Director||Stuart Miller|
|Chief Financial Officer, Vice President||Bruce Gross|
|Chief Operating Officer, Vice President||Jonathan Jaffe|
|Vice President, Treasurer||Diane Bessette|
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|Shares Out.||192.4M||Book Value||$17.83|
|Annual Dividend Rate||$0.16||Price/Sales (TTM)||1.9|
|Ex-Div Date||4/22/13||P/Cash Flow (TTM)||11.1x|
|Pay Date||7/22/13||Operating Margin||6.16%|
*GAAP = prior to non-GAAP analyst adjusted earnings.