Shares of Lennar Corporation (NYSE:LEN.B - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $115.59 and traded as low as $101.06. Lennar shares last traded at $105.53, with a volume of 49,169 shares.
Lennar Stock Performance
The company has a market cap of $27.77 billion, a P/E ratio of 8.71 and a beta of 1.28. The stock has a 50 day moving average price of $103.34 and a two-hundred day moving average price of $115.08. The company has a quick ratio of 0.49, a current ratio of 3.65 and a debt-to-equity ratio of 0.12.
Lennar (NYSE:LEN.B - Get Free Report) last announced its earnings results on Monday, June 16th. The construction company reported $1.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.96 by ($0.06). Lennar had a net margin of 9.20% and a return on equity of 12.73%. The business had revenue of $8.38 billion during the quarter. During the same period in the previous year, the firm posted $3.38 earnings per share.
Lennar Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Shareholders of record on Thursday, July 3rd will be paid a dividend of $0.50 per share. The ex-dividend date is Thursday, July 3rd. This represents a $2.00 dividend on an annualized basis and a yield of 1.90%. Lennar's dividend payout ratio (DPR) is presently 16.54%.
About Lennar
(
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Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land.
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