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 shares have increased by 12.7% and is now trading at $60.17. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 8 hold ratings and 11 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 quarterly earnings data on Monday, June, 15th. The construction company reported $1.65 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.29 by $0.36. The construction company earned $5.30 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $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 yield of 0.83%. The ex-dividend date is Thursday, July 9th. View Lennar's dividend history.

19 brokerages have issued 1 year price objectives for Lennar's stock. Their forecasts range from $47.00 to $76.00. On average, they expect Lennar's share price to reach $65.71 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price. View analysts' price targets for Lennar.

News headlines about LEN stock have been trending negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Lennar earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave news coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Lennar.

Lennar saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 8,770,000 shares, a decline of 15.1% from the June 15th total of 10,330,000 shares. Based on an average trading volume of 3,900,000 shares, the short-interest ratio is currently 2.2 days. Approximately 3.3% of the company's 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), 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). 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 institutional and retail investors. Top institutional investors include Fulton Bank N. A. (0.00%). 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 purchased by a variety of institutional investors in the last quarter, including Fulton Bank N. A.. 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 $60.17.

Lennar has a market capitalization of $18.79 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]