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. Since then, LEN stock has increased by 21.7% and is now trading at $64.99. View which stocks have been most impacted by Coronavirus.

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 Tuesday, June 23rd 2020. View our earnings forecast for Lennar.

Lennar Co. (NYSE:LEN) posted its quarterly earnings data on Thursday, March, 19th. The construction company reported $1.27 EPS for the quarter, beating the consensus estimate of $0.84 by $0.43. The construction company earned $4.50 billion during the quarter, compared to the consensus estimate of $4.13 billion. Lennar had a return on equity of 12.76% and a net margin of 8.77%. The business's revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.74 earnings per share. View Lennar's earnings history.

Lennar announced a quarterly dividend on Tuesday, April 7th. Investors of record on Tuesday, April 21st will be paid a dividend of $0.125 per share on Tuesday, May 5th. This represents a $0.50 annualized dividend and a dividend yield of 0.77%. The ex-dividend date is Monday, April 20th. View Lennar's dividend history.

18 Wall Street analysts have issued 12-month price targets for Lennar's shares. Their forecasts range from $36.00 to $78.00. On average, they anticipate Lennar's share price to reach $56.88 in the next twelve months. This suggests that the stock has a possible downside of 12.5%. View analysts' price targets for Lennar.

Media coverage about LEN stock has trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lennar earned a news impact score of -3.8 on InfoTrie's scale. They also gave media coverage about the construction company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutLennar.

Lennar saw a increase in short interest in May. As of May 15th, there was short interest totaling 9,450,000 shares, an increase of 7.3% from the April 30th total of 8,810,000 shares. Based on an average daily trading volume, of 4,120,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 3.5% of the shares of the company are short sold. View Lennar's Current Options Chain.

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

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

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

Lennar's stock is owned by a number of retail and institutional investors. Top institutional shareholders include The Manufacturers Life Insurance Company (4.04%), Wellington Management Group LLP (1.75%), Sound Shore Management Inc. CT (0.81%), Smead Capital Management Inc. (0.51%), TCW Group Inc. (0.48%) and Invesco Ltd. (0.42%). 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 Wellington Management Group LLP, Squarepoint Ops LLC, Cipher Capital LP, Invesco Ltd., APG Asset Management N.V., Schroder Investment Management Group, Lord Abbett & CO. LLC, and Teacher Retirement System of Texas. 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 The Manufacturers Life Insurance Company , Wedge Capital Management L L P NC, Sound Shore Management Inc. CT, Gateway Investment Advisers LLC, Basswood Capital Management L.L.C., Eagle Asset Management Inc., Swiss National Bank, and Carillon Tower Advisers 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 $64.99.

Lennar has a market capitalization of $20.29 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]