Lennar Stock Forecast, Price & News

Lennar's stock was trading at $53.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LEN shares have increased by 42.2% and is now trading at $75.94.
View which stocks have been most impacted by COVID-19.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 7 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Lennar.

Wall Street analysts have given Lennar a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Lennar wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Lennar is scheduled to release its next quarterly earnings announcement on Wednesday, January 13th 2021.
View our earnings forecast for Lennar.

Lennar Co. (NYSE:LEN) issued its earnings results on Monday, September, 14th. The construction company reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.61. The construction company earned $5.87 billion during the quarter, compared to the consensus estimate of $5.53 billion. Lennar had a return on equity of 13.35% and a net margin of 9.97%. The firm's revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.59 earnings per share.
View Lennar's earnings history.

Lennar announced a quarterly dividend on Thursday, October 1st. Shareholders of record on Friday, October 16th will be paid a dividend of $0.25 per share on Friday, October 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend is Thursday, October 15th. This is an increase from Lennar's previous quarterly dividend of $0.13.
View Lennar's dividend history.

19 brokers have issued twelve-month target prices for Lennar's shares. Their forecasts range from $47.00 to $94.00. On average, they expect Lennar's share price to reach $80.71 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price.
View analysts' price targets for Lennar.

Lennar saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 9,300,000 shares, an increase of 15.8% from the September 30th total of 8,030,000 shares. Based on an average daily volume of 2,590,000 shares, the days-to-cover ratio is currently 3.6 days. Approximately 3.4% of the company's shares are short sold.
View Lennar's Short Interest.

Some companies that are related to Lennar include D.R. Horton (DHI), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), Meritage Homes (MTH), KB Home (KBH), M.D.C. (MDC), TRI Pointe Group (TPH), Cavco Industries (CVCO), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Lennar investors own include NVIDIA (NVDA), The Walt Disney (DIS), Intel (INTC), The Home Depot (HD), Alibaba Group (BABA), Bank of America (BAC), AT&T (T), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM) and Cisco Systems (CSCO).

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

Lennar's stock is owned by a number of institutional and retail investors. Top institutional investors include The Manufacturers Life Insurance Company (3.09%), Boston Partners (0.85%), Smead Capital Management Inc. (0.44%), TCW Group Inc. (0.40%), Swiss National Bank (0.34%) and Sound Shore Management Inc CT (0.29%). Company insiders that own Lennar stock include David M Collins, Diane J Bessette, Irving Bolotin, Jeffrey Joseph Mccall, Jonathan M Jaffe, Mark Sustana and Scott D Stowell.
View institutional ownership trends for Lennar.

LEN stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Sound Shore Management Inc CT, Miller Value Partners LLC, Truist Financial Corp, TCW Group Inc., Wedge Capital Management L L P NC, Smead Capital Management Inc., and First Trust Advisors LP. Company insiders that have sold Lennar company stock in the last year include David M Collins, Diane J Bessette, Jeffrey Joseph Mccall, Jonathan M Jaffe, Mark Sustana, and Scott D Stowell.
View insider buying and selling activity for Lennar.

LEN stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company, Tredje AP fonden, BP PLC, Achmea Investment Management B.V., Beach Investment Counsel Inc. PA, Key Square Capital Management LLC, Teacher Retirement System of Texas, and Victory Capital Management Inc..
View insider buying and selling activity 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 $75.94.

Lennar has a market capitalization of $23.75 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 10,106 workers across the globe.

The official website for Lennar is 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]