{"filings":[{"id":1010236,"accession_number":"0001193125-26-268580","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2026-06-12T13:00:21+00:00","items":["7.01","9.01"],"status":"ready","headline":"Lennar presents transformation to asset-light homebuilder; 98% homesites controlled, deliveries up ~80% since 2018","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Owned homesites dropped from 72% to 2% of total; controlled homesites rose from 28% to 98% (2018-2026).","Since 2018, deliveries grew ~80% to 83K in 2025; inventory owned reduced from $16.6B to $10.5B.","Stock repurchases of $9.6B and debt retirement of $6.9B since 2018; free cash flow used for shareholder returns.","Asset-light model frees $21.1M peak capital per community, improving ROE from 14.4% to 21.0%. (example community).","Cycle time reduced to 122 days; inventory turns improved to 2.5; US housing shortage of ~5M homes noted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1001677,"accession_number":"0001628280-26-042551","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2026-06-11T20:48:58+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q2 EPS $1.24 ($1.31 adj.) down 31% YoY; new orders -4%; full-year delivery guidance cut to 82k-83k homes","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $305M ($1.24/diluted); adj. EPS $1.31 ex mark-to-market losses on tech investments.","New orders 21,749 (-4% YoY); deliveries 20,519 (+2% YoY); avg. sales price $371K (-5% YoY).","Gross margin on home sales 15.6% (down from 17.8% YoY); SG&A 9.2% of home sales (up from 8.8%).","Repurchased 5M shares for $447M at avg price $89.35.","Q3 guidance: deliveries 20,500-21,500; gross margin ~16%; FY deliveries now ~82k-83k (moderating)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":899658,"accession_number":"0001628280-26-041334","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2026-06-05T21:59:25+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Lennar appoints Jim Parker as COO, David Grove as EVP Homebuilding","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jim Parker, former Area President East, named COO effective June 5, 2026; annual cash incentive target raised to $5.75M.","David Grove, former Area President West, named EVP Homebuilding; both report to Stuart Miller.","Parker joined via 2018 CalAtlantic merger; Grove is a 27-year Lennar veteran.","No family relationships or related-party transactions disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99773,"accession_number":"0001628280-26-024894","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2026-04-13T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Lennar stockholders elect all nine director nominees, reject two shareholder proposals","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All nine director nominees elected; Serena Wolfe received highest vote (452.9M for).","Advisory say-on-pay approved with 426.6M for vs 46.2M against.","Ratification of Deloitte as auditor for FY2026 passed with 482.2M for.","Shareholder proposal for equal voting rights rejected (173.7M for, 299.0M against).","Shareholder proposal to disclose voting results by class also rejected (119.8M for, 335.9M against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115969,"accession_number":"0001628280-26-017308","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q1 diluted EPS $0.93, down from $1.96; home sales revenue falls 13% to $6.3B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $229M ($0.93 diluted EPS) vs $520M ($1.96) in Q1 2025; adjusted EPS $0.88 excluding tech gains.","Revenues from home sales $6.3B, down 13% YoY; deliveries 16,863 (-5%); avg sales price $374,000 (-$34k).","Gross margin on home sales 15.2% vs 18.7% a year ago; SG&A as % of home sales 9.8% vs 8.5%.","New orders increased 1% to 18,515 homes; backlog 15,588 homes valued at $6.0B.","Q2 guidance: deliveries 20,000-21,000; gross margin 15.5%-16.0%; Financial Services operating earnings $100M-$110M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.93,"consensus_revenue_estimate":null,"consensus_revenue_actual":6619476000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132384,"accession_number":"0001628280-25-057408","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2025-12-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q4 EPS $1.93 ($2.03 adj.) vs $4.06 prior; guides Q1 deliveries 17k-18k, gross margin 15-16%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net earnings $490M ($1.93/sh); adjusted $514M ($2.03/sh) excluding $123M tech gains and $156M Millrose loss.","Q4 deliveries 23,034 (+4% YoY), new orders 20,018 (+18% YoY); avg sales price $386,000 (-10%).","Homebuilding gross margin 17.0% (vs 22.1% prior); SG&A 7.9%; net margin 9.1%.","FY2025 deliveries 82,583 (+3% YoY); net earnings $2.1B ($7.98/sh); adjusted $8.06/sh.","Q1 FY2026 guidance: deliveries 17k-18k, ASP $365k-$375k, gross margin 15-16%, SG&A ~9.5%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":34186934000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132383,"accession_number":"0001628280-25-052423","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2025-11-14T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Lennar Co-CEO Jon Jaffe to retire Dec 31, 2025; no replacement; Miller stays as CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jon Jaffe retires after 42 years; resigns as director effective Dec 31, 2025.","Board size reduced from 10 to 9 members upon Jaffe's departure.","Stuart Miller continues as Executive Chairman and CEO; no successor named.","Company cites need to streamline leadership and promote affordability for housing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148955,"accession_number":"0000920760-25-000003","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2025-09-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q3 EPS $2.29; orders up 12% but margins compress; guides Q4 deliveries 22K-23K","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $591M, diluted EPS $2.29; adjusted EPS $2.00 excluding $99M mark-to-market gains.","Deliveries flat at 21,584 homes; new orders rose 12% to 23,004. ASP fell 9% to $383K.","Homebuilding revenue $8.2B (-9% YoY); gross margin 17.5% vs 22.5% a year ago due to higher incentives and land costs.","SG&A as % of home sales 8.2% (up from 6.7%) on lower leverage and higher marketing. Homebuilding operating earnings $760M.","Q4 guidance: deliveries 22K-23K, new orders 20K-21K, gross margin ~17.5%. Repurchased 4.1M shares for $507M."],"consensus_eps_estimate":null,"consensus_eps_actual":6.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":24819325000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148954,"accession_number":"0001628280-25-037455","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2025-08-04T23:59:59+00:00","items":["5.02","7.01","8.01","9.01"],"status":"ready","headline":"Lennar COO Fred Rothman and GC Mark Sustana to retire Sept 2; Katherine Lee Martin named Chief Legal Officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["COO Fred Rothman to retire effective September 2, 2025; no replacement named, he will continue as consultant.","GC Mark Sustana to retire effective September 2, 2025; two-year consulting agreement at $110K/month ($50K/month thereafter).","Katherine Lee Martin (former Hertz EVP, GC) appointed Chief Legal Officer and Corporate Secretary, effective September 2.","Sustana's consulting agreement includes non-compete, confidentiality, and indemnification provisions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167895,"accession_number":"0001628280-25-031665","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2025-06-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q2 EPS $1.81, down 48% YoY; revenue $8.4B; guides Q3 deliveries 22k-23k","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $477M ($1.81 diluted); adjusted EPS $1.90 excluding tech investment losses.","Revenue $8.4B, down 7% YoY; home deliveries up 2% to 20,131; avg sales price fell 9% to $389K.","Homebuilding gross margin 17.8% (18.0% ex purchase accounting); SG&A rose to 8.8% of home sales.","Issued $700M 5.20% notes due 2030, redeemed $500M 4.75% notes; repurchased 4.7M shares for $517M.","Q3 guidance: deliveries 22k-23k; avg sales price $380k-$385k; gross margin approx 18%; Fin Svcs op earnings $175-180M."],"consensus_eps_estimate":1.9612,"consensus_eps_actual":3.77,"consensus_revenue_estimate":null,"consensus_revenue_actual":16009047000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167894,"accession_number":"0001628280-25-026533","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2025-05-19T23:59:59+00:00","items":["1.01","8.01","2.03","9.01"],"status":"ready","headline":"Lennar enters $1.61B delayed draw term loan and issues $700M of 5.200% Senior Notes due 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Delayed draw term loan of up to $1.61B with $500M accordion feature; proceeds for working capital and general corporate purposes.","Settled offering of $700M of 5.200% Senior Notes due 2030 on May 19, 2025; net proceeds for general corporate purposes including debt repayment.","Credit facility lenders include Truist, JPMorgan, BBVA, BofA, Goldman Sachs, Wells Fargo; notes underwritten by multiple banks.","Certain homebuilding subsidiaries guarantee the term loan; notes guaranteed by certain subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167893,"accession_number":"0001628280-25-017410","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2025-04-11T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Lennar annual meeting: all director nominees elected, say-on-pay approved, three shareholder proposals defeated","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 10 director nominees elected; highest vote count for Serena Wolfe (470.4M), lowest for Jeffrey Sonnenfeld (377.8M).","Advisory vote on executive compensation approved with 441.4M for, 57.8M against.","Ratification of Deloitte & Touche as auditor for FY2025 passed with 502.1M votes for.","Shareholder proposal for independent board chairman defeated (103.9M for, 395.4M against).","Greenhouse gas emissions disclosure proposal (52M for, 429.7M against) and LGBTQIA+ equity report (43.2M for, 437.9M against) both defeated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":185139,"accession_number":"0001628280-25-014148","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2025-03-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q1 EPS $1.96 ($2.14 adj); deliveries up 6% but gross margin down to 18.7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $520M ($1.96 diluted); adjusted EPS $2.14 excluding mark-to-market tech losses.","Home deliveries 17,834 (+6% YoY) above guidance; new orders 18,355 (+1%) also above guidance.","Gross margin on home sales 18.7% vs 21.8% YoY; average sales price $408K (-1%).","Completed spin-off of Millrose Properties and acquisition of Rausch Coleman Homes.","Repurchased 5.2M shares for $703M; Q2 guidance: 19,500-20,500 deliveries, gross margin ~18%."],"consensus_eps_estimate":null,"consensus_eps_actual":1.96,"consensus_revenue_estimate":null,"consensus_revenue_actual":7631545000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":185138,"accession_number":"0001193125-25-022309","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2025-02-07T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Lennar completes spin-off of Millrose Properties; distributes 80% of shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Distribution: 1 Millrose share for every 2 Lennar shares; Millrose now trades on NYSE under MRP.","Lennar retains 33.2M Millrose shares (20%) for future disposal via spin-off, split-off, or sale.","Millrose received $5.5B in land assets and $1.0B cash from Lennar; book equity ~$5.8B as of Dec 31, 2024.","Millrose intends to elect REIT status; externally managed by Kennedy Lewis affiliate of $25B AUM firm.","Spin-off accelerates Lennar's land-light strategy: controlled homesites rose to 82% in 2024 from 19% in 2013."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":185137,"accession_number":"0001193125-25-009205","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2025-01-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lennar sets record date and election period for Millrose spin-off; distribution ratio 1:2","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Record date set for January 21, 2025; holders get one Millrose Class A share per two Lennar shares held.","Election period runs from Jan 21 to Feb 3, 2025 to receive Millrose Class B instead of Class A.","Approximately 80% of Millrose stock will be distributed; Lennar retains the remaining ~20%.","Holders who do not submit an election by 5:00 p.m. ET on Feb 3 will automatically receive Millrose Class A.","Elections must be made electronically via a dedicated portal; no mail-in option is available."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":185136,"accession_number":"0001628280-25-001600","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2025-01-15T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lennar director Sidney Lapidus will not stand for re-election; board to reduce to 10","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sidney Lapidus, board member since 1997 and Chair of Independent Directors Transactions Committee, will not stand for re-election at 2025 Annual Meeting.","He will continue serving until his term expires at the 2025 Annual Meeting; no disagreement with the Company.","Board size will be reduced from 11 to 10 members effective upon expiration of Lapidus's term.","Armando Olivera was previously appointed Lead Director in April 2024, succeeding Lapidus in that role."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":185135,"accession_number":"0001193125-25-004622","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2025-01-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lennar declares Millrose spin-off dividend: 1 share per 2 Lennar shares; record and distribution dates set","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Record date Jan 21, 2025; distribution prior to trading on Feb 7, 2025.","Election period to choose Millrose Class B stock runs Jan 21 to Feb 3, 2025.","When-issued trading in Millrose Class A under MRP WI expected Feb 5, 2025.","Spin-off is taxable to Lennar stockholders; Millrose will list Class A on NYSE as MRP.","Approximately 80% of Millrose stock will be distributed; spin-off is a step toward land-light model."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201743,"accession_number":"0001628280-24-051885","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2024-12-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q4 EPS $4.06 vs $4.82 YoY; orders miss guidance; Q1 margin guidance 19.0-19.25%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 deliveries 22,206 (-7% YoY); new orders 16,895 (-3%) vs guided low-end 19,000.","Homebuilding gross margin 22.1% (down from 24.2% YoY); net margin 14.9%.","Q1 2025 guidance: deliveries 17,000-17,500; gross margin 19.0%-19.25%; avg price ~$410-415K.","Repurchased 3M shares for $521M; homebuilding debt to capital 7.5%; cash $4.7B.","Agreed to acquire Rausch Coleman Homes; expected close in Q1 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":14.31,"consensus_revenue_estimate":null,"consensus_revenue_actual":35441452000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201742,"accession_number":"0001193125-24-268928","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2024-12-02T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Lennar upsizes revolving credit facility to $2.875B with $3.5B accordion capacity, extended to 2029","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New Ninth Amended Credit Agreement increases revolving commitments to $2.875B, reducing to $2.65B in May 2027.","Final maturity extended to November 2029; includes $625M accordion feature for up to $3.5B total capacity.","Proceeds for working capital and general corporate purposes; certain homebuilding subsidiaries guarantee obligations.","Existing lenders include JPMorgan, BofA, Mizuho; relationship notes commercial arrangements with affiliates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217739,"accession_number":"0001628280-24-040938","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2024-09-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q3 EPS $4.26 (+10% YoY); deliveries +16%; Q4 guidance 22.5k-23k homes","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $1.2B, diluted EPS $4.26 vs $3.87; adjusted EPS $3.90 excluding one-time items.","Homebuilding revenue $9.0B (+9% YoY) on 21,516 deliveries (+16%); avg price $422K (-6%).","Gross margin 22.5% (down from 24.4%); SG&A improved to 6.7% of home sales revenue.","Repurchased 3.4M shares for $519M; cash $4.0B, no revolver borrowings, debt to capital 7.6%.","Q4 guidance: deliveries 22,500-23,000; gross margin flat sequentially; avg sales price ~$425K."],"consensus_eps_estimate":null,"consensus_eps_actual":10.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":25494564000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237641,"accession_number":"0001628280-24-029593","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2024-06-24T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Jeff McCall transitions from EVP to non-executive role at Lennar, effective June 20, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jeff McCall, EVP since Jan 2020, moves to non-executive role effective June 20, 2024.","He will remain through March 1, 2025, assisting Quarterra transition and special projects.","McCall was previously CFO of CalAtlantic, joined after Lennar's acquisition; led IT improvements and Quarterra operations.","Current compensation, benefits, and equity vesting continue; fiscal 2024 cash incentive discretionary.","No executive officer successor named; duties transition to other management members."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237640,"accession_number":"0001628280-24-028512","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2024-06-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q2 net earnings $954M, EPS $3.45; orders +19%, deliveries +15%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $954M ($3.45 diluted EPS), up 9% YoY; adjusted EPS $3.38.","New orders 21,293 (+19% YoY); deliveries 19,690 (+15%); avg sales price $426k (-5%).","Homebuilding gross margin 22.6% (+10bps); S,G&A 7.5%; net margin 15.1%.","Financial services earnings $146M (+$34M YoY); Multifamily loss $20M; Lennar Other loss $28M.","Q3 guidance: deliveries 20,500-21,000, gross margin ~23%, Financial Services earnings $135-140M."],"consensus_eps_estimate":null,"consensus_eps_actual":6.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":16078522000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237639,"accession_number":"0001628280-24-015846","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2024-04-11T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Lennar Corporation Announces 2024 Annual Meeting Voting Results","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 11 director nominees elected with significant support; Dacona Smith received highest votes for (496M).","Stockholders approved executive compensation on advisory basis (408M for, 108M against).","Ratification of Deloitte & Touche LLP as auditor for fiscal 2024 approved overwhelmingly (530M for).","Amendment to limit officer liability under Delaware law approved (486M for, 30M against).","Three shareholder proposals on political spending, LGBTQ equity, and climate reports all rejected by large margins."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.15,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":255170,"accession_number":"0001628280-24-010922","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2024-03-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q1 EPS $2.57 (+25% YoY); new orders +28%; raises dividend 33% to $2.00","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $719M, diluted EPS $2.57 vs $2.06 YoY; revenue $7.3B (+13%).","New orders 18,176 homes (+28%); deliveries 16,798 (+23%); avg sales price $413K (-8%).","Gross margin 21.8% (+60 bps); net margin 13.6%; homebuilding debt-to-capital 9.6%.","Repurchased 3.4M shares for $506M; board authorized additional $5B buyback.","Annual dividend raised 33% to $2.00/share; Q2 guidance: 19,000-19,500 deliveries, ~22.5% gross margin."],"consensus_eps_estimate":null,"consensus_eps_actual":2.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":7312930000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272625,"accession_number":"0001628280-23-041612","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2023-12-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q4 EPS $4.82 ($5.17 adj.); orders +32%; guides FY24 deliveries 80K","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net earnings $1.4B ($4.82/diluted); adj. $1.5B ($5.17/diluted) vs $1.3B ($4.55) a year ago.","New orders 17,366 homes (+32%); deliveries 23,795 (+19%); avg sales price $441K (-9%).","Homebuilding gross margin 24.2%; net margin 17.6%; S,G&A at 6.6% of home sales revenue.","Financial Services op. earnings $168M vs $125M; Multifamily op. loss $12M; Lennar Other loss $125M from tech write-downs.","Q1 2024 guidance: deliveries 16,500-17,000 homes, gross margin 21.0%-21.25%; FY2024 deliveries ~80,000 homes; share repurchase target $2B."],"consensus_eps_estimate":null,"consensus_eps_actual":13.73,"consensus_revenue_estimate":null,"consensus_revenue_actual":34233366000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272624,"accession_number":"0001193125-23-289172","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2023-12-05T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Lennar enters aircraft time-sharing agreements with Executive Chairman and Co-CEO","summary_kind":"llm","event_type":"other","confidence":"medium","bullets":["Stuart Miller and Jonathan Jaffe each entered aircraft time-sharing agreements with Lennar subsidiary U.S. Home, LLC on Dec 4, 2023.","Executives will pay direct operating costs plus 100% of fuel expenses for personal flights from a $100,000 prepayment fund.","Company retains sole discretion over scheduling and operational control; prior planned use takes precedence.","Agreements supplement existing 2015/2017 arrangements; either party may terminate on 30 days' notice."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272623,"accession_number":"0001628280-23-035294","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2023-10-26T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lennar redeems $378.2M of 4.875% Senior Notes due 2023 on Nov 29, 2023","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["All outstanding $378.2M principal of 4.875% Senior Notes due 2023 to be redeemed on Nov 29, 2023.","Redemption price is 100% of principal plus accrued interest to but not including the redemption date.","Notes were originally scheduled to mature on Dec 15, 2023; early redemption occurs about two weeks prior.","Notice of redemption issued Oct 25, 2023 pursuant to Supplemental Indenture dated Nov 5, 2015.","Holders must surrender notes to The Bank of New York Mellon to receive payment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":289473,"accession_number":"0001628280-23-032661","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2023-09-20T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lennar elects former Walmart EVP Dacona Smith to board, effective Sept 22, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dacona Smith, former Walmart EVP and COO of Walmart U.S. Stores, elected to Lennar board effective Sept 22, 2023.","Board size increased from 10 to 11 members; Smith's term expires at the 2024 annual meeting.","Smith retired from Walmart after 30+ years, beginning as hourly associate; brings operational efficiency expertise.","Smith qualifies as independent under NYSE standards; will receive prorated director compensation.","No arrangements or transactions with Smith or immediate family requiring disclosure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":289472,"accession_number":"0001628280-23-032289","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2023-09-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q3 EPS $3.87, deliveries up 8% to 18,559; new orders up 37%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $1.1B ($3.87/diluted) vs $1.5B ($5.03) YoY; adjusted EPS $3.91.","Homebuilding gross margin 24.4% vs 29.2% YoY; S,G&A 7.0% of home sales.","Financial Services op earnings $148M vs $63M YoY (incl. $36M one-time charge in 2022).","Q4 guidance: deliveries 21,500-22,500, gross margin 24.4%-24.6%, S,G&A 6.7%-6.9%.","Repaid $475M debt, repurchased 3M shares for $366M; cash $3.9B, no revolver draw."],"consensus_eps_estimate":null,"consensus_eps_actual":8.94,"consensus_revenue_estimate":null,"consensus_revenue_actual":23265183000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":289471,"accession_number":"0001628280-23-027264","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2023-08-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lennar elects Serena Wolfe to Board of Directors effective Sept 2, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Serena Wolfe, CFO of Annaly Capital Management, elected as director effective Sep 2, 2023.","Term runs until Lennar's 2024 Annual Meeting; no committee assignments yet.","Board determined Wolfe qualifies as independent under NYSE standards.","Wolfe has ~25 years accounting experience, 18 in real estate/financial services.","She will receive prorated portion of Lennar's outside director compensation program."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":289470,"accession_number":"0001628280-23-026105","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2023-07-28T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lennar to redeem $425M of 5.875% Senior Notes due 2024 on Aug 30, 2023","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Lennar redeems all $421.4M of its own 5.875% notes and $3.6M of Standard Pacific notes due 2024.","Redemption date is August 30, 2023; original maturity was November 15, 2024.","Redemption price is greater of 100% of principal or Treasury rate plus 50 bps, plus accrued interest.","This optional redemption eliminates $425 million in debt ahead of scheduled maturity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":289469,"accession_number":"0001628280-23-024926","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2023-07-14T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lennar Co-CEO Rick Beckwitt to retire Sept 1; Stuart Miller named Co-CEO alongside Jon Jaffe","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Rick Beckwitt retires as Co-CEO and Co-President effective Sept 1, 2023, resigns from Board.","Stuart Miller, Executive Chairman, becomes Co-CEO (continue as Exec. Chairman); Jon Jaffe remains Co-CEO and President.","Separation agreement provides $20.2M payment to Beckwitt for release, non-compete, cancellation of unvested performance shares.","Beckwitt retains outstanding service-based restricted shares under 2016 Equity Plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":310298,"accession_number":"0001628280-23-022077","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2023-06-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q2 EPS $3.01; raises FY delivery guidance to 68k-70k homes","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $872M ($852M adj), diluted EPS $3.01 ($2.94 adj).","Homebuilding revenue $7.6B, gross margin 22.5%, net margin 15.8%.","Homebuilding cash $4.0B, debt to capital 13.3%, no revolver borrowings.","Q3 guidance: deliveries 17,750-18,250, gross margin 23.5%-24.0%. FY23 deliveries raised to 68k-70k.","Repurchased 2M shares for $208M and $158M debt in Q2."],"consensus_eps_estimate":null,"consensus_eps_actual":5.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":14535580000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":310297,"accession_number":"0001628280-23-011615","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2023-04-14T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Lennar 2023 annual meeting: all director nominees elected, say-on-pay approved","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 10 director nominees elected; closest vote: Sherrill Hudson with 453M for, 83M against.","Advisory say-on-pay approved: 479M for, 81M against (57% of votes cast).","Shareholders favored annual say-on-pay frequency (553M votes for one year).","Ratification of Deloitte as auditor: 550M for, 27M against.","Stockholder proposal on voting structure rejected: 252M for, 308M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":328948,"accession_number":"0001628280-23-007870","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2023-03-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q1 GAAP EPS $2.06 (+22% YoY); deliveries up 9% to 13,659; gross margin 21.2%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net earnings $597M ($2.06 diluted EPS); adjusted net earnings $615M ($2.12), down 23% YoY.","Deliveries 13,659 homes (+9% YoY); new orders 14,194 (-10%); backlog 19,403 (-29%).","Homebuilding gross margin 21.2% (down 570 bps); S,G&A improved 10 bps to 7.4% of home sales.","Homebuilding debt-to-capital 14.2%; cash $4.1B; no revolver borrowings; repurchased 2M shares for $189M.","Q2 guidance: deliveries 15,000-16,000; gross margin 21.0%-21.5%. FY deliveries 62,000-66,000."],"consensus_eps_estimate":null,"consensus_eps_actual":2.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":6490429000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":328947,"accession_number":"0001193125-23-061576","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2023-03-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lennar adjusts FY2023 executive comp: caps bonuses, reduces PTI %, raises performance targets","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Cash bonus caps: $7M for Executive Chairman, $6M each for Co-CEOs (same as FY2022).","PTI payout % reduced: Executive Chairman to 0.20% (from 0.58%), Co-CEOs to 0.15% (from 0.51%).","Performance-based equity increased to ~70% of long-term incentives; performance target raised to 65th percentile.","Threshold payout lowered to 30% of target (from 50%) for all performance goals.","Equity grants: Miller 191,755 performance shares + 82,180 restricted shares; similar for other NEOs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":346604,"accession_number":"0001628280-22-031933","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2022-12-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q4 EPS $4.55 (+16% YoY); FY 2023 deliveries seen 60K-65K, gross margin ~21%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 diluted EPS $4.55 vs $3.91 YoY; adjusted EPS $5.02 vs $4.36, both up double-digit.","Deliveries Q4 20,064 (+13%); new orders 13,200 (-15%); backlog 18,869 (-21%).","Homebuilding gross margin 24.8% (pre-impairment 25.3%), down 270 bps YoY on higher costs and incentives.","Homebuilding debt-to-capital improved to 14.4% (lowest ever); liquidity $7.2B with no revolver borrowings.","Q1 FY2023 guidance: deliveries 12,000-13,500, gross margin ~21%; FY2023 deliveries 60,000-65,000."],"consensus_eps_estimate":null,"consensus_eps_actual":15.72,"consensus_revenue_estimate":null,"consensus_revenue_actual":33671010000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":346603,"accession_number":"0001193125-22-290031","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2022-11-21T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lennar cuts 2022 exec comp 11-12%; increases performance share target to 60th percentile","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Total compensation for Executive Chairman reduced ~11% and Co-CEOs ~12% from FY2021.","Short-term cash bonus capped at $6M for each Co-CEO and $7M for Executive Chairman.","Incentive pay mix shifted to ~20% cash / 80% equity; performance shares now 65% of equity.","Performance share target raised to 60th percentile on gross profit, ROIC, and TSR metrics.","Lower-level associates received immediate upward compensation adjustments; no bonus pool established."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":362997,"accession_number":"0001193125-22-255625","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2022-09-30T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Lennar amends bylaws to update proxy rules, forum selection, and meeting procedures","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Revised director nomination and proposal procedures: removed minimum ownership requirement, added universal proxy compliance evidence requirement.","Amended forum selection bylaw to make federal district courts exclusive for Securities Act claims.","Changed annual meeting date from fixed first Monday in April to date determined by Board.","Adopted gender-neutral titles (e.g., Chair replaces Chairman) and clarified virtual meeting authority.","Updated rules for calling special Board meetings and Board powers to postpone/cancel stockholder meetings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":362996,"accession_number":"0001628280-22-025292","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2022-09-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q3 EPS $5.03 ($5.18 adj) beats; deliveries +13%; guides Q4 deliveries 20k-21k, gross margin 26-27%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $1.5B, up 4% YoY; diluted EPS $5.03 vs $4.52; adjusted EPS $5.18, up 58%.","Homebuilding revenue $8.4B (+30%); deliveries 17,248 (+13%); avg price $491k (+15%).","Homebuilding gross margin 29.2% (up 190bps); S,G&A ratio 5.8% (record low).","New orders 14,366 (-12%); backlog dollar value $12.9B (+8%); controlled homesites 63% vs 53%.","Retired $575M senior notes due Nov 2022; no revolver borrowings; debt-to-capital 15.0% (record low)."],"consensus_eps_estimate":null,"consensus_eps_actual":11.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":23496643000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":382678,"accession_number":"0001628280-22-017567","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2022-06-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q2 EPS $4.49 beats prior year $2.65; deliveries up 14%; guides Q3 deliveries 17,000-18,500","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $1.3B ($4.49/diluted) vs $831.4M ($2.65) YoY; adjusted EPS $4.69.","Home deliveries 16,549 (+14%); new orders 17,792 (+4%); backlog 28,624 (+16%).","Homebuilding gross margin improved 340bps to 29.5%; net margin improved 490bps to 23.4%.","Repurchased 4.1M shares for $320.6M at avg $78.20/share.","Q3 guidance: deliveries 17,000-18,500; gross margin 28.5%-29.5%; no full-year EPS guidance."],"consensus_eps_estimate":null,"consensus_eps_actual":6.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":14562212000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":382677,"accession_number":"0001193125-22-161051","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2022-05-26T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Lennar amends credit facility: commitments up to $2.575B, maturity extended to 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving credit commitments increased from $2.5B to $2.575B; accordion feature raised to $3.0B.","Class A lenders' commitments maturity extended from April 2024 to May 2027.","Proceeds available for working capital and general corporate purposes.","Certain homebuilding subsidiaries guarantee the obligations under the Credit Agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":382676,"accession_number":"0001628280-22-009207","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2022-04-14T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Lennar shareholders approve amended equity plan; director Gerard dies on meeting day","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 10 director nominees elected; Steven L. Gerard passed away on April 12 and will not serve.","Say-on-pay advisory vote passed: 336.6M for, 197.9M against (63% support).","Deloitte & Touche ratified as independent auditor for FY2022 with 558.8M votes for.","Amendment and restatement of 2016 Equity Incentive Plan approved (464.5M for, 69.8M against).","Stockholder proposal to reduce special meeting ownership threshold failed (184.7M for, 349.9M against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":382675,"accession_number":"0001628280-22-009014","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2022-04-12T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lennar announces death of board member Steve Gerard after 22 years of service","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Steve Gerard, 22-year board member, passed away on April 12, 2022.","He served as Chair of the Compensation Committee and on the Audit Committee.","Gerard joined the board in 2000 via the U.S. Home Corporation acquisition.","The board expressed gratitude for his leadership and contributions.","No replacement or succession plan announced in this filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":382674,"accession_number":"0001628280-22-008548","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2022-04-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lennar executives reduce cash bonuses by at least 25% to fund associate pool, adopt 50/50 cash-stock split","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Executive Chairman Stuart Miller and Co-CEOs Rick Beckwitt and Jonathan Jaffe each reduce 2022 pretax cash bonus by minimum 25% to create pool for lower-compensated Lennar associates.","All named executive officers and senior management contribute at varying percentages; Compensation Committee may increase contributions upward.","If remaining cash bonus exceeds equity grant value, the excess is paid in stock to achieve 50/50 cash-stock split (60% performance shares, 40% restricted shares).","Changes approved by Compensation Committee on April 6, 2022, under the 2016 Incentive Compensation Plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":400553,"accession_number":"0001628280-22-006393","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2022-03-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q1 adj. EPS $2.70 beats $2.04 YoY; raises FY delivery & margin outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $503.6M ($1.69 diluted); excluding mark-to-market losses on tech investments, adjusted EPS $2.70 vs $2.04 YoY.","Revenues $6.2B (+16% YoY); homebuilding gross margin 26.9% (+190 bps); net margin 19.4% (+280 bps).","Repurchased 5.3M shares for $526.3M; Board authorized new $2B share repurchase program.","Guides Q2 deliveries 16,000-16,300; FY deliveries ~68,000 (up from 67,000); FY gross margin 27.25%-28.0% (up from 27.0%-27.5%)."],"consensus_eps_estimate":null,"consensus_eps_actual":1.69,"consensus_revenue_estimate":null,"consensus_revenue_actual":6203516000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":400552,"accession_number":"0001193125-22-066148","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2022-03-04T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lennar approves 2022 comp: Chairman ~0.58% pretax, Co-CEOs ~0.51% each, equity grants up to ~105k shares for Miller","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Cash bonuses: Chairman 0.58% of pretax income after 7.3% capital charge; Co-CEOs 0.51% each; Bessette 200% base; McCall 350% base; Sustana up to 100% base.","Equity grants: Miller ~210k shares (perf+time), Co-CEOs ~185k ea, Bessette ~25k, McCall ~19k, Sustana ~15k time-vested.","Equity perf metrics: relative gross profit, return on tangible capital, TSR vs. peers (10); debt/EBITDA <1.25x.","Performance period: Dec 1, 2021 - Nov 30, 2024; peer group of 10 homebuilders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":419522,"accession_number":"0001628280-21-025132","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2021-12-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q4 adjusted EPS $4.36 (+55% YoY); gross margin 28%; guides FY22 67k homes","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net earnings $1.2B ($3.91 diluted), up 35%; adjusted EPS $4.36 excluding tech mark-to-market losses.","Revenue $8.4B (+24%); deliveries 17,819 homes (+11%); backlog 23,771 homes (+26%) valued at $11.4B (+45%).","Homebuilding gross margin 28.0%, S,G&A 6.0%, net margin 22.0% – all company records.","FY2022 guidance: ~67,000 deliveries; gross margin 27.0%-27.5%; Q1 deliveries ~12,500; gross margin ~26.75%.","Repurchased 10M shares for $977M; retired $850M senior notes; debt to capital 18.3% – historic low."],"consensus_eps_estimate":null,"consensus_eps_actual":14.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":27130676000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":437082,"accession_number":"0001628280-21-018889","cik":920760,"company_name":"LENNAR CORP /NEW/","ticker":"LEN","form_type":"8-K","filed_at":"2021-09-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lennar Q3 EPS $4.52 ($3.27 adj); deliveries miss low end of guidance by ~600 homes","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net earnings $1.4B ($4.52/dil) vs $666M ($2.12) prior year; adjusted EPS $3.27 excluding $500M mark-to-market gains.","Home deliveries 15,199 (+10% YoY) but ~600 below guidance; homebuilding gross margin 27.3% (record), SG&A 7.0% (record low).","New orders 16,277 (+5%); backlog 25,819 homes (+31%) with $12B value (+52%).","Homebuilding cash $2.6B; debt to capital 21.2% (record low); retired $300M notes; repurchased 2.5M shares for $246M.","Q4 guidance: ~18,000 deliveries, gross margin ~28%, avg price ~$445k; S&P upgraded to investment grade."],"consensus_eps_estimate":null,"consensus_eps_actual":10.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":18697116000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":22347298459.2344,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}