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. Investors 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 annualized dividend and a yield of 0.71%. 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) issued its earnings results on Wednesday, January, 8th. The construction company reported $2.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 12.00%. The company's quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.96 EPS. 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.

17 analysts have issued twelve-month target prices for Lennar's stock. Their forecasts range from $47.00 to $78.00. On average, they anticipate Lennar's share price to reach $63.75 in the next year. This suggests that the stock has a possible downside of 9.8%. View Analyst Price Targets for Lennar.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 3 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lennar.

News coverage about LEN stock has been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lennar earned a news impact score of -3.5 on InfoTrie's scale. They also assigned headlines about the construction company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term. 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), Walt Disney (DIS), NVIDIA (NVDA), Intel (INTC), Home Depot (HD), Bank of America (BAC), Cisco Systems (CSCO), Netflix (NFLX), Verizon Communications (VZ) and AT&T (T).

Lennar's stock is owned by many different of retail and institutional investors. Top institutional investors include Boston Partners (2.46%), Barrow Hanley Mewhinney & Strauss LLC (0.65%), Sound Shore Management Inc. CT (0.64%), Smead Capital Management Inc. (0.47%), TCW Group Inc. (0.45%) and Sumitomo Mitsui Trust Holdings Inc. (0.38%). Company insiders that own Lennar stock include David M Collins, Diane J Bessette, Irving Bolotin, Jeffrey Joseph Mccall, Jeffrey Sonnenfeld, 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 FIL Ltd, Barrow Hanley Mewhinney & Strauss LLC, Sound Shore Management Inc. CT, CI Investments Inc., Public Sector Pension Investment Board, TCW Group Inc., Cannell Peter B & Co. Inc. and Pictet Asset Management 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, Jonathan M Jaffe and Scott D Stowell. View Insider Buying and Selling for Lennar.

LEN stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Hexavest Inc., AQR Capital Management LLC, Lord Abbett & CO. LLC, PGGM Investments, Eagle Asset Management Inc., Teacher Retirement System of Texas and Cubist Systematic Strategies 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 $70.65.

Lennar has a market capitalization of $22.32 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.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]