NYSE:LENLennar Stock Price, Forecast & 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 (WHO). Since then, LEN stock has increased by 39.6% and is now trading at $74.58.
View which stocks have been most impacted by COVID-19.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 8 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Lennar.

Lennar is scheduled to release its next quarterly earnings announcement on Wednesday, October 7th 2020.
View our earnings forecast for Lennar.

Lennar Co. (NYSE:LEN) released its earnings results on Monday, June, 15th. The construction company reported $1.65 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.29 by $0.36. The construction company had revenue of $5.30 billion for the quarter, compared to analysts' expectations of $5.20 billion. Lennar had a return on equity of 13.08% and a net margin of 9.30%. The business's revenue for the quarter was down 4.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.30 EPS.
View Lennar's earnings history.

Lennar declared a quarterly dividend on Thursday, June 25th. Shareholders of record on Friday, July 10th will be paid a dividend of $0.125 per share on Friday, July 24th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date is Thursday, July 9th.
View Lennar's dividend history.

18 equities research analysts have issued 12 month price targets for Lennar's shares. Their forecasts range from $47.00 to $88.00. On average, they anticipate Lennar's stock price to reach $69.47 in the next year. This suggests that the stock has a possible downside of 6.8%.
View analysts' price targets for Lennar.

Media headlines about LEN stock have been trending positive on Friday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lennar earned a daily sentiment score of 2.7 on InfoTrie's scale. They also gave news articles about the construction company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.
View the latest news about Lennar.

Lennar saw a drop in short interest in June. As of June 15th, there was short interest totaling 8,770,000 shares, a drop of 15.1% from the May 31st total of 10,330,000 shares. Based on an average daily trading volume, of 3,900,000 shares, the short-interest ratio is currently 2.2 days. Currently, 3.3% of the company's stock 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 Walt Disney (DIS), NVIDIA (NVDA), Intel (INTC), Alibaba Group (BABA), Bank of America (BAC), Home Depot (HD), AT&T (T), Cisco Systems (CSCO), Johnson & Johnson (JNJ) and Netflix (NFLX).

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

Lennar's stock is owned by a variety of retail and institutional investors. Top institutional investors include Nordea Investment Management AB (0.57%), Sound Shore Management Inc CT (0.46%), TCW Group Inc. (0.45%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), Swiss National Bank (0.35%) and Phoenix Holdings Ltd. (0.17%). Company insiders that own Lennar stock include David M Collins, Diane J Bessette, Irving Bolotin, Jeffrey Joseph Mccall, Jonathan M Jaffe 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 Sound Shore Management Inc CT , Prudential Financial Inc., Wedge Capital Management L L P NC, Cannell Peter B & Co. Inc., Zurcher Kantonalbank Zurich Cantonalbank, TCW Group Inc., State of Alaska Department of Revenue, and ClariVest Asset Management LLC. Company insiders that have sold Lennar company stock in the last year include David M Collins, Diane J Bessette, Irving Bolotin, Jeffrey Joseph Mccall, Jonathan M Jaffe, and Scott D Stowell.
View insider buying and selling activity for Lennar.

LEN stock was purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Marshall Wace North America L.P., Marshall Wace LLP, Bank of Nova Scotia, Robeco Institutional Asset Management B.V., Vision Capital Corp, State of Tennessee Treasury Department, and Premier Asset Management LLC.
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 $74.58.

Lennar has a market capitalization of $23.29 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]