The Motley Fool

APRIL 18, 2024

We continue to focus on capital efficiency to produce consistent, strong homebuilding operating cash flows and returns. Our capital efficient and flexible lot portfolio is a key to our strong competitive position. Forestar had approximately $800 million of liquidity at quarter end with a net debt to capital ratio of 16.4%.

Resale 130

Resale Securities and Exchange Commission (SEC) Taxes Capital 130

The Motley Fool

NOVEMBER 5, 2024

Pillar 3 centered on reducing complexity and simplifying our organizational structure with an emphasis on client engagement, quality, automation, and operating leverage. We also introduced our next-generation mellowNow digital underwriting engine and brought our servicing business in-house.

Leveraging 130

Leveraging Resale Financing Finance 130

The Motley Fool

NOVEMBER 1, 2023

year-to-year decline, 160 basis points came from a reduced level of low-margin resale revenues, which was in line with our expectations. Free cash flow for the quarter was $91 million, benefiting from our continued focus on working capital management and a lower level of capex. Turning to capital deployment.

Resale 187

Resale Taxes Capital Assets 187

The Motley Fool

OCTOBER 29, 2024

We remain focused on enhancing the capital efficiency of all of our operations to produce consistent, sustainable returns and cash flows so that we can return more capital to shareholders through share repurchases and dividends. Our capital-efficient and flexible lot portfolio is a key to our strong competitive position.

Resale 130

Resale Securities and Exchange Commission (SEC) Taxes Leveraging 130

The Motley Fool

DECEMBER 15, 2023

billion plus or minus of net cash flow over the next year, we have the flexibility to invest capital strategically and growth while retiring debt as it matures and repurchasing shares of Lennar stock, which we expect to repurchase at least $2 billion of stock over the next year. We're targeting a total capital allocation of at least 2.5

Resale 130

Resale Debt Assets Financial Services 130

The Motley Fool

DECEMBER 12, 2024

Measure on resales, Q4 industrial resales of $173 million declined 27% year on year. We spent $122 million on capital expenditures. Turning to capital allocation. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. billion, down 7% sequentially.

Debt 246

Debt Resale Taxes Accounting 246

The Motley Fool

FEBRUARY 4, 2025

Specifically in consulting and engineering, first, we expanded our enterprise application capabilities that help clients leverage AI, driving increased bookings. We have strong and lasting relationships with clients that view us as strategic partners, leveraging our global delivery capabilities to help them with their transformation journeys.

Resale 130

Resale Consultants Consulting Capital 130

The Motley Fool

AUGUST 8, 2024

We assembled a dedicated team that quickly implemented a recovery plan, leveraging our extensive experience with similar incidents. While resale revenues performed as expected, down 28% year over year, services revenue declined 8% helped by higher-than-anticipated in-quarter volumes. Moving to GIS. The book-to-bill ratio was 0.67

Resale 130

Resale Consultants Consulting Accounting 130

The Motley Fool

AUGUST 6, 2024

Pillar three calls for reducing complexity and simplifying our organization structure with an emphasis on driving client engagement, quality, automation, and operating leverage. Jeff DerGurahian -- Chief Capital Markets Officer Hey, Doug, this is Jeff DerGurahian. Please go ahead. Douglas Harter -- Analyst Thanks.

Debt 130

Debt Leveraging Resale Liabilities 130

The Motley Fool

APRIL 11, 2024

The actions we are taking today will position us to capitalize disproportionately when the category returns to growth, which it will. We plan to expand new marketing tactics to drive high ROI performing traffic to our touch points to experience a demo, and we also plan to leverage prime and linear TV buys to drive reach.

Resale 130

Resale Leveraging Capital Investing 130

The Motley Fool

JANUARY 23, 2024

We expect our housing inventory turns to improve in fiscal 2024 compared to fiscal 2023 and our ongoing focus on capital efficiency to produce strong homebuilding operating cash flows and consistent returns. Our capital-efficient and flexible lot portfolio is the key to our strong competitive position. billion, up 3% sequentially.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Resale Leveraging Taxes 130

The Motley Fool

SEPTEMBER 15, 2023

It seems that we have entered a phase of more measured adjustments in order to curtail inflation while the Fed shrinks its balance sheet by approximately $100 billion per month and engages other mechanisms to reduce capital in the market. debt to total capitalization, down from 13.3% Additionally, with our $3.9

Resale 130

Resale Assets Debt Capital 130

The Motley Fool

JULY 30, 2024

Operator instructions] At this time, I would like to turn the call over to Joshua Fattor, executive vice president of investor relations and capital markets. million of capitalized interest charged cost of sales and $1.2 With that, I'll turn the call over to Josh for a discussion of our capital position. Please go ahead.

Leveraging 130

Leveraging Taxes Debt Resale 130

The Motley Fool

MARCH 7, 2024

And finally, Q1 industrial resales of $215 million declined 6% year on year. In fiscal '24, we continue to expand industrial resales to be down high single digits year upon year. We spent $122 million on capital expenditures. Turning to capital allocation. Free cash flow in the quarter was $4.7 And it's interesting.

Resale 188

Resale Debt Banks Shareholders 188

The Motley Fool

JUNE 15, 2023

So, let me go ahead and begin by saying that we are quite pleased to report that the Lennar team has remained focused on production and pace, cash flow, inventory turns, and return on capital, and we have again produced strong and consistent results for the quarter. debt to total capital capitalization ratio, down from 14.2

Resale 130

Resale Assets Debt Capital 130

The Motley Fool

MAY 15, 2024

We can no longer support tying up precious working capital to secure inventory that produces no margin. And therefore, we are adjusting operations and overhead working to enhance margins and improve working capital within the segment based on our current economic outlook. And why were they up?

Assets 130

Assets Capital Resale Accounting 130

The Motley Fool

JULY 20, 2023

We are focused on consolidating market share by supplying more homes to meet homebuyer demand, while maximizing the returns and capital efficiency each of -- in each of our communities. Our capital-efficient and flexible lot portfolio is a key to our strong competitive position. Forestar is separately capitalized from D.R.

Banks 130

Banks Securities and Exchange Commission (SEC) Leveraging Taxes 130

The Motley Fool

APRIL 26, 2024

During the spring selling season with a healthy supply of move-in ready inventory, we were able to capitalize on strong market conditions generated by the increasing need for housing for millennials and Gen Zs as well as the move-down Baby Boomers who continue to find our limited inventory, limited availability of resale housing supply.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Financing Finance 130

The Motley Fool

FEBRUARY 1, 2024

As we previously discussed, two of the largest population cohorts, the millennials and recently Gen Zs are having life events lean to increased levels of need-based housing that currently cannot be met by the constrained resale of home supply in the market. SG&A in the fourth quarter of 2023 was 10.7% in the fourth quarter of 2022.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Financing Finance 130

The Motley Fool

JANUARY 19, 2024

We significantly reduced working capital by a total of about $600 million on a sequential quarterly basis, and this includes the benefit from a partial reduction of our inventory levels. In a variety of cases, we also simplified and improved our product offering, allowing us to reduce complexity and drive down working capital.

Leveraging 130

Leveraging Resale Taxes Capital 130

The Motley Fool

SEPTEMBER 11, 2024

As we head into the fall season, we are maintaining our disciplined inventory allocations, which we believe will enable us to be less reliant on promotions to sell through inventory and capitalize on any momentum shifts we may see, though we still expect IMU to be a continued headwind as our athletic inventory expands.

Taxes 130

Taxes Leveraging Consultants Consulting 130

The Motley Fool

SEPTEMBER 3, 2023

Now it's just a matter of execution and capital allocation. We've got a much larger force of transportation out there that they can leverage, which I think makes a lot of sense. Deidre Woollard: Yeah, definitely. Deidre Woollard: Our expectations are that we get things a lot faster. Jason Moser: Yes, they are.

Investors 242

Investors Resale Initial Public Offering Shareholders 242

The Motley Fool

SEPTEMBER 12, 2024

Net loss and net loss per common share were pressured by slight declines in gross margins and deleverage in SG&A, partially offset by leverage in advertising and marketing, all of which was expected, and consistent with our previous guidance. I just want to add a few details beyond what Shawn shared earlier.

Leveraging 130

Leveraging Financing Finance Capital 130

The Motley Fool

AUGUST 3, 2023

Our end-to-end solution ensures a secure chain of custody regardless of media format for this customer, leveraging our image on demand service and InSight platform to integrate seamlessly with their customer success management system. Turning to capital. In 2023, we now expect total capital expenditures to be approximately $1.2

Leveraging 100

Leveraging Assets Capital Resale 100

The Motley Fool

NOVEMBER 5, 2024

At this time, I'll turn the call over to Joshua Fattor, executive vice president of investor relations and capital markets. Given when we acquired these communities, the capital invested in their development, and the rising cost of replacement projects, their inherent value is substantial. You may begin. million or 12.8% of revenue.

Debt 130

Debt Capital Banks Resale 130

The Motley Fool

AUGUST 1, 2024

Note that in last night's release, we increased our estimate of annual Callon cost synergies from $225 million to $250 million as we leverage economies of scale of the combined APA and Callon Permian businesses. Egypt also had a very good quarter and is beginning to deliver significant capital efficiency improvements.

Capital 130

Capital Taxes Debt Assets 130

Anzu Partners

JUNE 29, 2023

The shares underlying the Convertible Notes and the Warrants are subject to a one-year lock up and are expected to be registered for resale on a registration statement on Form S-3 after February 6, 2024. Northland Capital Markets acted as financial advisor to the Company. About NUBURU Founded in 2015, NUBURU, Inc.

Capital 40

Capital Investors Resale Leveraging 40

The Motley Fool

AUGUST 10, 2023

A great example of leveraging our heritage and outdoor activities is the evolution from barbecue and live fire cooking enthusiasts to the growing influences in the broader world of culinary. This includes a $60 million outlook for capital expenditures, which is consistent with our previous outlook. That's my first question.

Leveraging 130

Leveraging Banks Portfolios Resale 130

The Motley Fool

NOVEMBER 7, 2024

So part of this journey is our unwavering focus on leveraging today's most cutting-edge AI solutions to really revolutionize the business in four key areas that we think hold the most opportunity for growth and opportunity. Moving on to cash flow and capital allocation. resale -- 3.8 That's always our goal.

Resale 130

Resale Accounting Investors Education 130

SuperAngel.Fund

JANUARY 19, 2024

After all, a key ‘perk’ to private market investing is to capitalize on ‘private’ information that the general public may not know. VC Activity ⬇️ According to PitchBook and the National Venture Capital Association, 2023 saw the lowest level of venture investment activity in the U.S. since 2019.

Startups 69

Startups Due Diligence Angel Investors Deal Flow 69

The Motley Fool

FEBRUARY 2, 2024

Before I move on to our financial results and guidance, a brief update on our recent real estate and capital markets activity. Operator The next question will come from Brad Heffern with RBC Capital Markets. Brad Heffern -- RBC Capital Markets -- Analyst Hi, everyone. Brad Heffern -- RBC Capital Markets -- Analyst OK, thank you.

Debt 130

Debt Taxes Capital Assets 130

The Motley Fool

AUGUST 1, 2023

And lastly, the resale home market remains tight as existing buyers are hesitant to leave their low rate mortgages, which limits available inventory and helps to increase new home demand. SG&A leverage in the second quarter of 2023 was 9.6% compared to 8.3% in the second quarter of 2022. The Motley Fool recommends Meritage Homes.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Resale Taxes Banks 130

The Motley Fool

AUGUST 16, 2023

Thirdly, developers can benefit from advancement in mini games' infrastructure, leveraging our know-how and game technology. And we believe that the ad tech platform enhancements we've put in place, leveraging large neural network models have substantially improved the ROI of advertising on our platform. So, that's one bucket.

Accounting 130

Accounting Leveraging Consultants Consulting 130

Anzu Partners

JUNE 13, 2023

The shares underlying the Convertible Notes and the Warrants are subject to a one-year lock up and are expected to be registered for resale on a registration statement on Form S-3 after February 6, 2024. We intend to deploy this capital in a careful and efficient matter with the aim of accruing long-term benefits for our stockholders.”

Investors 40

Investors Resale Capital Leveraging 40

The Motley Fool

OCTOBER 30, 2024

Any move higher in rates will likely hurt our competitors more than Compass, as they don't have the capital, technology and operational resources to scale in markets like the one we are in today, which will allow us to continue to gain share and increase our pipeline of M&A opportunities at favorable economics.

Legal 130

Legal Prospects Leveraging Resale 130

The Motley Fool

FEBRUARY 26, 2024

We anticipate FY '25 professional services revenue of approximately $630 million to $640 million as we further leverage our partner ecosystem. In addition, we expect FY '25 capital expenditures of approximately $330 million. For Q1, we expect professional services revenue of $163 million. Turning to backlog.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Professional Services Education Banks 130

The Motley Fool

AUGUST 1, 2023

First, we are focused on capitalizing on the healthy demand environment for cruise, which I will talk about in more detail a little later in my commentary. And lastly, the final priority on the list, but arguably the most important is starting the path to reduce leverage and derisk the balance sheet.

Debt 100

Debt Leveraging Collateral Resale 100