NYSE:LEN - Lennar Stock Price, News, & Analysis

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$41.18 +0.71 (+1.75 %)
(As of 12/13/2018 03:45 AM ET)
Previous Close$40.47
Today's Range$40.52 - $41.9069
52-Week Range$38.22 - $72.17
Volume5.07 million shs
Average Volume4.46 million shs
Market Capitalization$13.87 billion
P/E Ratio10.81
Dividend Yield0.39%
Beta1.25
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily segments. Its 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. The company primarily sells single-family attached and detached homes in communities targeted to first-time homebuyers, move-up homebuyers, active adult homebuyers, and luxury homebuyers. The company also offers mortgage financing, title insurance, and closing services for home buyers and others, as well as real estate brokerage services. In addition, it is involved in raising, investing, and managing third party capital; and originating and selling into securitizations commercial mortgage loans, as well as investing in real estate related mortgage loans, properties, and related securities. Further, the company sponsors and invests in private equity vehicles; and provides asset management and other services to the vehicles and other third parties. Additionally, it develops, constructs, and manages multifamily rental properties. Lennar Corporation was founded in 1954 and is based in Miami, Florida.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry General building contractors - residential buildings
Sub-IndustryHomebuilding
SectorConstruction
Current SymbolNYSE:LEN
Previous Symbol
CUSIP52605710
Phone305-559-4000

Debt

Debt-to-Equity Ratio0.67
Current Ratio12.62
Quick Ratio0.72

Price-To-Earnings

Trailing P/E Ratio10.81
Forward P/E Ratio8.37
P/E Growth0.37

Sales & Book Value

Annual Sales$12.65 billion
Price / Sales1.08
Cash Flow$4.0373 per share
Price / Cash Flow10.20
Book Value$33.28 per share
Price / Book1.24

Profitability

EPS (Most Recent Fiscal Year)$3.81
Net Income$810.48 million
Net Margins6.76%
Return on Equity12.87%
Return on Assets6.10%

Miscellaneous

Employees9,111
Outstanding Shares330,280,000
Market Cap$13.87 billion
OptionableOptionable

Lennar (NYSE:LEN) Frequently Asked Questions

What is Lennar's stock symbol?

Lennar trades on the New York Stock Exchange (NYSE) under the ticker symbol "LEN."

How often does Lennar pay dividends? What is the dividend yield for Lennar?

Lennar announced a quarterly dividend on Friday, October 5th. Stockholders of record on Friday, October 19th will be paid a dividend of $0.04 per share on Friday, November 2nd. This represents a $0.16 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend is Thursday, October 18th. View Lennar's Dividend History.

How were Lennar's earnings last quarter?

Lennar Co. (NYSE:LEN) released its quarterly earnings data on Wednesday, October, 3rd. The construction company reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates of $1.19 by $0.11. The construction company earned $5.67 billion during the quarter, compared to the consensus estimate of $5.62 billion. Lennar had a net margin of 6.76% and a return on equity of 12.87%. The company's revenue for the quarter was up 73.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.06 EPS. View Lennar's Earnings History.

When is Lennar's next earnings date?

Lennar is scheduled to release their next quarterly earnings announcement on Wednesday, January 9th 2019. View Earnings Estimates for Lennar.

What price target have analysts set for LEN?

17 brokerages have issued 1 year target prices for Lennar's shares. Their forecasts range from $45.00 to $78.00. On average, they expect Lennar's share price to reach $62.3333 in the next year. This suggests a possible upside of 51.4% from the stock's current price. View Analyst Price Targets for Lennar.

What is the consensus analysts' recommendation for Lennar?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 1 hold rating and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lennar.

Has Lennar been receiving favorable news coverage?

News articles about LEN stock have been trending very positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Lennar earned a media sentiment score of 3.6 on InfoTrie's scale. They also gave media coverage about the construction company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

Are investors shorting Lennar?

Lennar saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 15,466,308 shares, an increase of 26.5% from the October 31st total of 12,224,476 shares. Based on an average daily volume of 4,954,270 shares, the short-interest ratio is currently 3.1 days. Approximately 5.4% of the shares of the company are sold short. View Lennar's Current Options Chain.

Who are some of Lennar's key competitors?

Who are Lennar's key executives?

Lennar's management team includes the folowing people:
  • Mr. Stuart A. Miller, Exec. Chairman (Age 60)
  • Mr. Richard Beckwitt, CEO & Director (Age 59)
  • Mr. Jonathan M. Jaffe, Pres, COO & Director (Age 58)
  • Mr. Mark Sustana, VP, Sec. & Gen. Counsel (Age 56)
  • Mr. Bruce E. Gross, Chief Exec. Officer of Lennar Financial Services (Age 59)

Who are Lennar's major shareholders?

Lennar's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.43%), Third Point LLC (1.57%), Alliancebernstein L.P. (1.22%), Smead Capital Management Inc. (0.51%), Sterling Capital Management LLC (0.33%) and Stelliam Investment Management LP (0.31%). Company insiders that own Lennar stock include Bruce E Gross, Chester (Chet) Idziszek, David M Collins, Diane J Bessette, Jeffrey Joseph Mccall, Jeffrey Sonnenfeld, Jonathan M Jaffe and Mark Sustana. View Institutional Ownership Trends for Lennar.

Which institutional investors are selling Lennar stock?

LEN stock was sold by a variety of institutional investors in the last quarter, including Scopus Asset Management L.P., Sadoff Investment Management LLC, Third Point LLC, Clearbridge Investments LLC, Cannell Peter B & Co. Inc., Janus Henderson Group PLC, Mitsubishi UFJ Trust & Banking Corp and Nokota Management LP. Company insiders that have sold Lennar company stock in the last year include Bruce E Gross, David M Collins, Diane J Bessette, Jeffrey Joseph Mccall, Jeffrey Sonnenfeld, Jonathan M Jaffe and Mark Sustana. View Insider Buying and Selling for Lennar.

Which institutional investors are buying Lennar stock?

LEN stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., United Services Automobile Association, Marshall Wace North America L.P., First Trust Advisors LP, V3 Capital Management L.P., Stelliam Investment Management LP, Artemis Investment Management LLP and Patriot Wealth Management Inc.. View Insider Buying and Selling for Lennar.

How do I buy shares of Lennar?

Shares of LEN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Lennar's stock price today?

One share of LEN stock can currently be purchased for approximately $41.18.

How big of a company is Lennar?

Lennar has a market capitalization of $13.87 billion and generates $12.65 billion in revenue each year. The construction company earns $810.48 million in net income (profit) each year or $3.81 on an earnings per share basis. Lennar employs 9,111 workers across the globe.

What is Lennar's official website?

The official website for Lennar is http://www.lennar.com.

How can I contact Lennar?

Lennar's mailing address is 700 NW 107TH AVENUE SUITE 400, MIAMI FL, 33172. The construction company can be reached via phone at 305-559-4000 or via email at [email protected]


MarketBeat Community Rating for Lennar (NYSE LEN)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  668 (Vote Outperform)
Underperform Votes:  500 (Vote Underperform)
Total Votes:  1,168
MarketBeat's community ratings are surveys of what our community members think about Lennar and other stocks. Vote "Outperform" if you believe LEN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LEN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/13/2018 by MarketBeat.com Staff

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