NYSE:LEN - Lennar Stock Price, Forecast & News

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

Lennar announced a quarterly dividend on Thursday, January 9th. Shareholders of record on Friday, January 24th will be paid a dividend of $0.125 per share on Friday, February 7th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date is Thursday, January 23rd. This is an increase from Lennar's previous quarterly dividend of $0.04. View Lennar's Dividend History.

Lennar Co. (NYSE:LEN) released its quarterly earnings data on Wednesday, January, 8th. The construction company reported $2.13 EPS for the quarter, topping the consensus estimate of $1.90 by $0.23. The construction company had revenue of $6.97 billion for the quarter, compared to analyst estimates of $6.60 billion. Lennar had a return on equity of 12.16% and a net margin of 8.31%. Lennar's revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.96 earnings per share. View Lennar's Earnings History.

Lennar is scheduled to release their next quarterly earnings announcement on Wednesday, March 25th 2020. View Earnings Estimates for Lennar.

18 brokerages have issued twelve-month price targets for Lennar's stock. Their forecasts range from $47.00 to $78.00. On average, they expect Lennar's stock price to reach $62.00 in the next year. This suggests that the stock has a possible downside of 7.0%. View Analyst Price Targets for Lennar.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 4 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lennar.

News stories about LEN stock have trended extremely negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lennar earned a news impact score of -4.5 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Lennar.

Some companies that are related to Lennar include D. R. Horton (DHI), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), KB Home (KBH), M.D.C. (MDC), Meritage Homes (MTH), TRI Pointe Group (TPH), Cavco Industries (CVCO), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV).

Based on aggregate information from My MarketBeat watchlists, some companies that other Lennar investors own include Alibaba Group (BABA), NVIDIA (NVDA), Walt Disney (DIS), Intel (INTC), Home Depot (HD), Bank of America (BAC), Cisco Systems (CSCO), AT&T (T), Verizon Communications (VZ) and Netflix (NFLX).

Lennar's stock is owned by many different of institutional and retail investors. Top institutional investors include Hexavest Inc. (0.23%), PGGM Investments (0.14%), State of Alaska Department of Revenue (0.06%), Mckinley Capital Management LLC Delaware (0.05%), Exane Derivatives (0.02%) and State of Michigan Retirement System (0.02%). Company insiders that own Lennar stock include David M Collins, Diane J Bessette, Irving Bolotin, Jeffrey Joseph Mccall, Jeffrey Sonnenfeld and Jonathan M Jaffe. View Institutional Ownership Trends for Lennar.

LEN stock was sold by a variety of institutional investors in the last quarter, including Meag Munich Ergo Kapitalanlagegesellschaft MBH, Hudson Valley Investment Advisors Inc. ADV, Sippican Capital Advisors, Marketfield Asset Management LLC, IFM Investors Pty Ltd, DNB Asset Management AS, State of Michigan Retirement System and Ayalon Holdings Ltd.. Company insiders that have sold Lennar company stock in the last year include David M Collins, Diane J Bessette, Irving Bolotin, Jeffrey Joseph Mccall and Jonathan M Jaffe. View Insider Buying and Selling for Lennar.

LEN stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., PGGM Investments, Mckinley Capital Management LLC Delaware, Exane Derivatives, State of Alaska Department of Revenue, Campbell & CO Investment Adviser LLC, Wealthfront Advisers LLC and Cerebellum GP LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of LEN stock can currently be purchased for approximately $66.64.

Lennar has a market capitalization of $21.17 billion and generates $22.26 billion in revenue each year. The construction company earns $1.85 billion in net income (profit) each year or $5.74 on an earnings per share basis. Lennar employs 11,626 workers across the globe.View Additional Information About Lennar.

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

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]