NYSE:LEN - Lennar Stock Price, Forecast & News

Lennar's stock was trading at $53.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LEN stock has decreased by 25.2% and is now trading at $39.96. View which stocks have been mosted impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 5 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 Tuesday, June 23rd 2020. View our earnings forecast for Lennar.

Lennar Co. (NYSE:LEN) announced its earnings results on Thursday, March, 19th. The construction company reported $1.27 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 analysts' expectations of $4.13 billion. Lennar had a net margin of 8.77% and a return on equity of 12.88%. The business's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.74 EPS. View Lennar's earnings history.

Lennar declared a quarterly dividend on Thursday, January 9th. Shareholders 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 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date is Thursday, January 23rd. This is a positive change from Lennar's previous quarterly dividend of $0.04. View Lennar's dividend history.

16 brokerages have issued 12 month price objectives for Lennar's stock. Their forecasts range from $36.00 to $78.00. On average, they expect Lennar's stock price to reach $56.69 in the next twelve months. This suggests a possible upside of 41.9% from the stock's current price. View analysts' price targets for Lennar.

Media coverage about LEN stock has been trending very negative recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing 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 nearest to five being the most favorable. Lennar earned a media sentiment score of -3.7 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutLennar.

Lennar saw a decrease in short interest in the month of February. As of February 14th, there was short interest totaling 11,710,000 shares, a decrease of 7.7% from the January 30th total of 12,690,000 shares. Based on an average trading volume of 3,140,000 shares, the short-interest ratio is currently 3.7 days. Currently, 4.7% 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), KB Home (KBH), M.D.C. (MDC), Meritage Homes (MTH), Cavco Industries (CVCO), TRI Pointe Group (TPH), 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), NVIDIA (NVDA), Walt Disney (DIS), Home Depot (HD), Intel (INTC), Bank of America (BAC), AT&T (T), Cisco Systems (CSCO), Verizon Communications (VZ) and Netflix (NFLX).

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

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 $39.96.

Lennar has a market capitalization of $12.62 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]