NYSE:LENLennar 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 increased by 22.2% and is now trading at $65.26. 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) announced its earnings results on Monday, June, 15th. The construction company reported $1.65 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.29 by $0.36. The construction company earned $5.30 billion during the quarter, compared to analyst estimates of $5.20 billion. Lennar had a net margin of 9.30% and a return on equity of 13.08%. The business's revenue was down 4.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.30 earnings per share. View Lennar's earnings history.

Lennar declared a quarterly dividend on Thursday, June 25th. Stockholders of record on Friday, July 10th will be given a dividend of $0.125 per share on Friday, July 24th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date is Thursday, July 9th. View Lennar's dividend history.

19 Wall Street analysts have issued 1-year price objectives for Lennar's shares. 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 0.7% from the stock's current price. View analysts' price targets for Lennar.

Headlines about LEN stock have been trending neutral this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lennar earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned press coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Lennar.

Lennar saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 8,770,000 shares, a drop of 15.1% from the June 15th total of 10,330,000 shares. Based on an average daily trading volume, of 3,900,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 3.3% 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), 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 many different institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.16%), State of Alaska Department of Revenue (0.04%), Unison Advisors LLC (0.01%), DNB Asset Management AS (0.01%), Livforsakringsbolaget Skandia Omsesidigt (0.00%) and Canandaigua National Corp (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 sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, State of Alaska Department of Revenue, DNB Asset Management AS, 6 Meridian, Municipal Employees Retirement System of Michigan, Spirit of America Management Corp NY, Hudson Valley Investment Advisors Inc. ADV, and IBM Retirement Fund. 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 bought by a variety of institutional investors in the last quarter, including Unison Advisors LLC, Canandaigua National Corp, Livforsakringsbolaget Skandia Omsesidigt, Fulton Bank N. A., First National Bank of Mount Dora Trust Investment Services, and E&G Advisors LP. 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 $65.26.

Lennar has a market capitalization of $20.38 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]