Lennar Corporation reports news as a U.S. homebuilder with Class A and Class B common stock traded on the New York Stock Exchange. The company builds affordable, move-up and active adult homes primarily under the Lennar brand, and its updates commonly cover home orders, deliveries, backlog, margins, revenues and liquidity in homebuilding.
Recurring announcements also address quarterly dividends, share repurchases, earnings-call schedules, mortgage, title and closing services in Financial Services, multifamily rental development, commercial real estate mortgage origination through LMF Commercial, and technology and strategic investments through LENX.
Title Resources Group appointed Brian Ruzycki chief technology officer, a new role overseeing its technology organization. Ruzycki previously held the same title at MAXEX, where he led its technology platform, cloud infrastructure strategy and artificial intelligence initiatives. He brings more than 20 years of technology leadership experience.
Lennar (LEN and LEN.B) declared a quarterly cash dividend of $0.50 per share on its Class A and Class B common stock.
The dividend is payable on October 22, 2026, to holders of record at the close of business on October 7, 2026.
Lennar (LEN) reported third quarter 2026 net earnings of $284 million, or $1.19 per diluted share, down from $591 million, or $2.29, a year earlier.
Excluding $53 million mark-to-market losses on technology investments and $39 million of one-time items in Financial Services, adjusted EPS was $1.23 versus $2.00 in 2025. Total revenues fell to $8.0 billion from $8.8 billion, as homebuilding revenues declined 6% to $7.7 billion on 3% lower deliveries (20,840 homes) and a 3% lower average sales price of $372,000. Gross margin on home sales compressed to 15.8% from 17.5%, while SG&A rose to 9.2% of home sales from 8.2%, resulting in a 6.6% net margin. New orders decreased 9% to 20,879 homes and backlog ended at 16,857 homes valued at $6.3 billion. The company ended the quarter with $1.2 billion in homebuilding cash, homebuilding debt-to-capital of 16.6%, after redeeming $400 million of senior notes and repurchasing 3 million shares for $256 million.
Lennar (LEN) will release its third quarter 2026 earnings after the market closes on September 16, 2026 and will hold an earnings conference call on September 17, 2026 at 11:00 a.m. Eastern Time.
The live call will be broadcast via webcast and can be accessed through the Lennar investor relations website at investors.lennar.com. A replay of the call will be archived on the same site for 90 days for those unable to listen live.
Lennar, founded in 1954, is described as one of the nation’s leading homebuilders, having built more than 1.5 million homes across the United States for buyers at different life stages. The company also operates a Financial Services segment that provides mortgage, title and closing services, primarily for Lennar homebuyers, and a Lenˣ unit focused on technology, innovation and strategic investments in homebuilding.
Dream Finders Homes (NYSE: DFH) appointed Rick Beckwitt to its Board of Directors as Co-Chairman, sharing Board leadership with Founder, Chief Executive Officer and now Co-Chairman Patrick Zalupski. Beckwitt brings decades of executive experience from leading major U.S. public homebuilders, including senior roles at Lennar and D.R. Horton.
He also has a background in corporate finance, M&A and venture investing, and currently serves on the boards of Eagle Materials, Ferguson Enterprises and Weyerhaeuser. According to Dream Finders, his expertise in residential construction, real estate, capital allocation and corporate strategy is expected to support the company’s long-term growth strategy.
Lennar (NYSE: LEN) announced that its Board of Directors declared a quarterly cash dividend of $0.50 per share on both Class A and Class B common stock. The dividend is payable on July 24, 2026 to shareholders of record as of July 10, 2026.
Lennar (NYSE: LEN) reported fiscal Q2 2026 net earnings of $305 million or $1.24 per diluted share ($1.31 excluding technology mark-to-market losses) on $7.9 billion total revenue. Home deliveries rose 2% to 20,519, while new orders fell 4% to 21,749.
Homebuilding gross margin on home sales was 15.6% and net margin 6.4%, with SG&A at 9.2% of home sales revenue. Backlog stood at 16,818 homes valued at $6.6 billion. The company held $1.8 billion in homebuilding cash, repurchased 5 million shares for $447 million, and had homebuilding debt-to-total-capital of 15.8%.
Lennar (NYSE: LEN) appointed Jim Parker as Chief Operating Officer and David Grove as Executive Vice President, Homebuilding, effective immediately. Both report to Executive Chairman, CEO and President Stuart Miller and bring about 30 years of homebuilding experience each across multiple leadership roles.
Lennar (NYSE: LEN) will release its second quarter 2026 earnings after the market closes on June 11, 2026 and hold an earnings conference call on June 12, 2026 at 11:00 a.m. ET, accessible via live webcast and 90-day archive at investors.lennar.com.
Lennar (NYSE: LEN) announced a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock.
The dividend is payable on May 6, 2026 to holders of record at the close of business on April 22, 2026, according to the company.