Lennar (NYSE:LEN.B) Hits New 1-Year Low - Should You Sell?

Key Points

• Shares of Lennar hit a new 52-week low, trading as low as $81.33 and last at $82.76, well below its 50-day ($101.14) and 200-day ($109.22) moving averages.
• On March 12 Lennar reported EPS of $0.88 on $6.62 billion in revenue, with a net margin of 5.39% and ROE of 7.80%; the stock trades at a P/E of 11.73 and has a market cap of $20.16 billion.
• The company shows conservative leverage and solid near-term liquidity with a debt-to-equity ratio of 0.18 and a current ratio of 4.77, supporting its high-volume homebuilding model.

Shares of Lennar Corporation (NYSE:LEN.B - Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $81.33 and last traded at $82.7610, with a volume of 46673 shares trading hands. The stock had previously closed at $86.20.

Lennar Price Performance

The stock's 50 day moving average price is $101.14 and its two-hundred day moving average price is $109.22. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.77 and a quick ratio of 0.97. The firm has a market capitalization of $20.16 billion, a price-to-earnings ratio of 11.73 and a beta of 1.36.

Lennar (NYSE:LEN.B - Get Free Report) last posted its earnings results on Thursday, March 12th. The construction company reported $0.88 earnings per share (EPS) for the quarter. The business had revenue of $6.62 billion for the quarter. Lennar had a net margin of 5.39% and a return on equity of 7.80%.

Lennar Company Profile

Lennar is a U.S.-based residential real estate company primarily engaged in the design, construction and sale of new homes. The company builds a range of housing products that typically include single-family detached homes, attached homes and planned community residences aimed at first-time buyers, move-up buyers and active-adult purchasers. Lennar's operations span many metropolitan and regional housing markets across the United States, and the company is known for a high-volume, production-oriented homebuilding model.

In addition to core homebuilding, Lennar provides a suite of complementary services intended to simplify the homebuying process.

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