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. Stockholders 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 dividend 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) posted its quarterly earnings results on Wednesday, January, 8th. The construction company reported $2.13 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.23. The construction company earned $6.97 billion during the quarter, compared to analyst estimates of $6.60 billion. Lennar's revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $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 price targets for Lennar's stock. Their forecasts range from $47.00 to $78.00. On average, they anticipate Lennar's share price to reach $62.81 in the next year. This suggests that the stock has a possible downside of 10.7%. 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.

Media coverage about LEN stock has been trending neutral recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public 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 gave headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Lennar.

Some companies that are related to Lennar include Beazer Homes USA (BZH), Cavco Industries (CVCO), D. R. Horton (DHI), Hovnanian Enterprises (HOV), KB Home (KBH), M.D.C. (MDC), M/I Homes (MHO), Meritage Homes (MTH), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL) and TRI Pointe Group (TPH).

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 Starbucks (SBUX).

Lennar's stock is owned by a number of of institutional and retail 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 acquired 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 $70.35.