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. Stockholders of record on Friday, January 24th will be given a dividend of $0.125 per share on Friday, February 7th. This represents a $0.50 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend 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, beating the consensus estimate of $1.90 by $0.23. The construction company earned $6.97 billion during the quarter, compared to the consensus estimate of $6.60 billion. Lennar had a net margin of 8.31% and a return on equity of 12.16%. Lennar's quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the company 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 Wall Street analysts have issued 1-year target prices for Lennar's shares. Their forecasts range from $47.00 to $78.00. On average, they expect Lennar's share price to reach $62.00 in the next year. This suggests that the stock has a possible downside of 1.7%. 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 articles about LEN stock have been trending very negative on Sunday, InfoTrie reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lennar earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely 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), Home Depot (HD), Bank of America (BAC), Intel (INTC), Cisco Systems (CSCO), AT&T (T), Netflix (NFLX) and Verizon Communications (VZ).

Lennar's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Hexavest Inc. (0.23%), PGGM Investments (0.14%), State of Alaska Department of Revenue (0.06%), Advisors Capital Management LLC (0.02%), DNB Asset Management AS (0.02%) and Calamos Advisors LLC (0.01%). Company insiders that own Lennar stock include Bruce E Gross, David M Collins, 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, IFM Investors Pty Ltd, DNB Asset Management AS, Louisiana State Employees Retirement System, Ingalls & Snyder LLC and IBM Retirement Fund. Company insiders that have sold Lennar company stock in the last year include David M Collins, Irving Bolotin, Jeffrey Joseph Mccall and Jonathan M Jaffe. View Insider Buying and Selling for Lennar.

LEN stock was acquired by a variety of institutional investors in the last quarter, including Hexavest Inc., PGGM Investments, State of Alaska Department of Revenue, Cerebellum GP LLC, Calamos Advisors LLC, Harvest Investment Services LLC, First Hawaiian Bank and Raymond James Trust N.A.. 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 $63.09.

Lennar has a market capitalization of $20.04 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]