Lennar (LTS:0JU0) Backlog Homes # : 0.00 (As of . 20)

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What is Lennar Backlog Homes #?

A backlog is a buildup of work that needs to be completed.

The historical rank and industry rank for Lennar's Backlog Homes # or its related term are showing as below:

Lennar Backlog Homes # Historical Data

The historical data trend for Lennar's Backlog Homes # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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Lennar Backlog Homes # Chart

Lennar (LTS:0JU0) Backlog Homes # Explanation

The term "backlog" refers to a buildup of work that has not been completed. The presence of a backlog can have positive or negative implications. For example, a rising backlog of home orders might indicate rising sales. On the other hand, companies generally want to avoid having a backlog as it could suggest increasing inefficiency in the production process. Likewise, a large backlog might be a portentous sign of lagging demand, but may also signify improving production efficiency. Naturally, unexpected backlogs can compromise forecasts and production schedules.

Lennar Backlog Homes # Related Terms

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Lennar (LTS:0JU0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Lennar Corp (LTS:0JU0) » Definitions » Backlog Homes #

Comparable Companies

Traded in Other Exchanges

LEN.B:USA LEN:USA LEN:Mexico LNN:Germany L1EN34:Brazil

Address

5505 Blue Lagoon Drive, Miami, FL, USA, 33126

Website

https://www.lennar.com

Based on the number of delivered homes, Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.

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