Bruce Gross - Lennar CFO and VP

LEN Stock  USD 151.57  1.38  0.92%   

CFO

Mr. Bruce E. Gross is re designated as Chief Executive Officer of Lennar Financial Services, Director of Lennar Corporationrationration. Mr. Gross has served as Vice President and our Chief Financial Officer since 1997. Before that, Mr. Gross was Senior Vice President, Controller and Treasurer of Pacific Greystone Corporationrationration, which we acquired in 1997. since 2018.
Age 58
Tenure 6 years
Address 5505 Waterford District Drive, Miami, FL, United States, 33126
Phone305 559 4000
Webhttps://www.lennar.com

Lennar Management Efficiency

The company has Return on Asset of 0.0929 % which means that on every $100 spent on assets, it made $0.0929 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.159 %, implying that it generated $0.159 on every 100 dollars invested. Lennar's management efficiency ratios could be used to measure how well Lennar manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Lennar's Return On Tangible Assets are very stable compared to the past year. As of the 23rd of April 2024, Return On Assets is likely to grow to 0.09, while Return On Capital Employed is likely to drop 0.15. At this time, Lennar's Other Assets are very stable compared to the past year. As of the 23rd of April 2024, Net Tangible Assets is likely to grow to about 27.9 B, while Debt To Assets are likely to drop 0.12.
The company has 2.82 B in debt with debt to equity (D/E) ratio of 0.25, which may show that the company is not taking advantage of profits from borrowing. Lennar has a current ratio of 13.66, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Lennar until it has trouble settling it off, either with new capital or with free cash flow. So, Lennar's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lennar sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lennar to invest in growth at high rates of return. When we think about Lennar's use of debt, we should always consider it together with cash and equity.

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CFO Age

Larry SeayMeritage
59
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. Lennar Corporation was founded in 1954 and is based in Miami, Florida. Lennar Corp operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 10753 people. Lennar (LEN) is traded on New York Stock Exchange in USA. It is located in 5505 Waterford District Drive, Miami, FL, United States, 33126 and employs 12,284 people. Lennar is listed under Household Durables category by Fama And French industry classification.

Management Performance

Lennar Leadership Team

Elected by the shareholders, the Lennar's board of directors comprises two types of representatives: Lennar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lennar. The board's role is to monitor Lennar's management team and ensure that shareholders' interests are well served. Lennar's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lennar's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Esq, General VP
David Grove, Regional President
Drew Holler, Chief Officer
Steven Gerard, Independent Director
Jeff McCall, Executive Vice President
Cristina Pardo, President Group
Sidney Lapidus, Lead Independent Director
Scott Stowell, Independent Director
BS MA, Ex VP
Richard Beckwitt, Co-President, Co-Chief Executive Officer, Director
David Collins, Vice President, Controller
Jeffrey Sonnenfeld, Independent Director
Armando Olivera, Independent Director
Donna Shalala, Director
Irving Bolotin, Independent Director
Anthony Mignone, President Markets
Fred Rothman, Chief Officer
Tench Tilghman, President Markets
Laura Escobar, I Mortgage
Jonathan Jaffe, Co-President, Co-Chief Executive Officer, Director
Sherrill Hudson, Independent Director
Stuart Miller, CEO, Director and Member of Executive Committee
Jim Parker, Regional President
Greg McGuff, Regional President
Theron Gilliam, Independent Director
Teri McClure, Independent Director
Amy Banse, Independent Director
Scott Spradley, Chief Officer
Diane Bessette, Chief Financial Officer, Vice President, Treasurer
Kay Howard, Chief Officer
Allison Bober, Investor Relations
Joann Blaylock, President Living
Bruce Gross, CFO and VP
Mark Sustana, Vice President, General Counsel, Secretary

Lennar Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Lennar a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Lennar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lennar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lennar Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lennar Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lennar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Lennar Stock, please use our How to Invest in Lennar guide.
Note that the Lennar information on this page should be used as a complementary analysis to other Lennar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Lennar Stock analysis

When running Lennar's price analysis, check to measure Lennar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lennar is operating at the current time. Most of Lennar's value examination focuses on studying past and present price action to predict the probability of Lennar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lennar's price. Additionally, you may evaluate how the addition of Lennar to your portfolios can decrease your overall portfolio volatility.
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Is Lennar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lennar. If investors know Lennar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lennar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.249
Dividend Share
1.625
Earnings Share
14.24
Revenue Per Share
124.738
Quarterly Revenue Growth
0.127
The market value of Lennar is measured differently than its book value, which is the value of Lennar that is recorded on the company's balance sheet. Investors also form their own opinion of Lennar's value that differs from its market value or its book value, called intrinsic value, which is Lennar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lennar's market value can be influenced by many factors that don't directly affect Lennar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lennar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.