NYSE:LENLennar Stock Price, Forecast & News

Lennar's stock was trading at $53.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LEN stock has increased by 12.6% and is now trading at $60.14. 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) announced its quarterly earnings data on Thursday, March, 19th. The construction company reported $1.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 8.77% and a return on equity of 12.76%. Lennar's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.74 EPS. View Lennar's earnings history.

Lennar announced a quarterly dividend on Tuesday, April 7th. Shareholders 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 yield of 0.83%. The ex-dividend date of this dividend is Monday, April 20th. View Lennar's dividend history.

18 brokerages 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 $57.17 in the next twelve months. This suggests that the stock has a possible downside of 4.9%. View analysts' price targets for Lennar.

Headlines about LEN stock have trended very negative on Tuesday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lennar earned a news impact score of -3.5 on InfoTrie's scale. They also assigned news headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutLennar.

Lennar saw a increase in short interest during the month of 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 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 stock are sold short. 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 variety 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 acquired 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 $60.14.

Lennar has a market capitalization of $18.78 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]