NYSE:LEN - Lennar Stock Price, Forecast & News

$34.68

-0.05 (-0.14 %)

(As of 04/2/2020 11:54 AM ET)

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Today's Range

$34.13

Now: $34.68▼

$35.53

50-Day Range

$29.35

MA: $55.43▼

$71.22

52-Week Range

$25.42

Now: $34.68▼

$71.38

Volume1.51 million shs

Average Volume6.07 million shs

Market Capitalization$10.95 billion

P/E Ratio5.51

Dividend Yield1.31%

Beta1.34

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Lennar Financial Services, Lennar Multifamily, and Rialto segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land. It primarily sells single-family attached and detached homes in communities targeted to first-time homebuyers, move-up homebuyers, active adult homebuyers, and luxury homebuyers. The company also offers mortgage financing, title insurance, and closing services for home buyers and others. In addition, it is involved in raising, investing, and managing third party capital; and originating and selling into securitizations commercial mortgage loans, as well as investing in real estate related mortgage loans, properties, and related securities. Further, the company develops, constructs, and manages multifamily rental properties. Lennar Corporation was founded in 1954 and is based in Miami, Florida.

Industry, Sector and Symbol

Stock Exchange NYSE

Industry General building contractors - residential buildings

Sub-IndustryHomebuilding

SectorConstruction

Current SymbolNYSE:LEN

Previous Symbol

CUSIP52605710

CIK920760

Webhttp://www.lennar.com/

Phone305-559-4000

Debt

Debt-to-Equity Ratio0.49

Current Ratio14.37

Quick Ratio1.15

Price-To-Earnings

Trailing P/E Ratio5.51

Forward P/E Ratio6.02

P/E Growth0.77

Sales & Book Value

Annual Sales$22.26 billion

Price / Sales0.49

Cash Flow$5.50 per share

Price / Cash Flow6.30

Book Value$50.76 per share

Price / Book0.68

Profitability

EPS (Most Recent Fiscal Year)$5.74

Net Income$1.85 billion

Net Margins8.77%

Return on Equity12.88%

Return on Assets6.81%

Miscellaneous

Employees10,106

Outstanding Shares315,860,000

Market Cap$10.95 billion

Next Earnings Date6/23/2020 (Estimated)

OptionableOptionable

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Lennar (NYSE:LEN) Frequently Asked Questions

How has Lennar's stock been impacted by COVID-19 (Coronavirus)?

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 decreased by 34.9% and is now trading at $34.79. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Lennar?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Lennar.

When is Lennar's next earnings date?

Lennar is scheduled to release its next quarterly earnings announcement on Tuesday, June 23rd 2020. View our earnings forecast for Lennar.

How were Lennar's earnings last quarter?

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 12.88%. 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.

How often does Lennar pay dividends? What is the dividend yield for Lennar?

Lennar announced 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 annualized dividend and a yield of 1.44%. The ex-dividend date of this dividend is Thursday, January 23rd. This is a boost from Lennar's previous quarterly dividend of $0.04. View Lennar's dividend history.

What price target have analysts set for LEN?

16 Wall Street analysts have issued 12-month price objectives for Lennar's shares. Their forecasts range from $36.00 to $78.00. On average, they anticipate Lennar's share price to reach $55.19 in the next year. This suggests a possible upside of 58.6% from the stock's current price. View analysts' price targets for Lennar.

Has Lennar been receiving favorable news coverage?

News headlines about LEN stock have trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -3.3 on InfoTrie's scale. They also gave 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 impact on the company's share price in the near term. View the latest news aboutLennar.

Who are some of Lennar's key competitors?

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), Cavco Industries (CVCO), M.D.C. (MDC), TRI Pointe Group (TPH), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV).

What other stocks do shareholders of Lennar own?

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).

Who are Lennar's key executives?

Lennar's management team includes the following people:

Mr. Stuart A. Miller, Exec. Chairman (Age 61)
Mr. Richard Beckwitt, CEO & Director (Age 60)
Mr. Jonathan M. Jaffe, Pres & Director (Age 59)
Ms. Diane J. Bessette, VP, CFO & Treasurer (Age 58)
Mr. Mark Sustana, VP, Gen. Counsel & Sec. (Age 57)

What is Lennar's stock symbol?

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

How do I buy shares of 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.

What is Lennar's stock price today?

One share of LEN stock can currently be purchased for approximately $34.79.

How big of a company is Lennar?

Lennar has a market capitalization of $10.99 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.

What is Lennar's official website?

The official website for Lennar is http://www.lennar.com/.

How can I contact Lennar?

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]

MarketBeat Community Rating for Lennar (NYSE LEN)

Community Ranking:		2.8 out of 5 ( )
Outperform Votes:		769 (Vote Outperform)
Underperform Votes:		599 (Vote Underperform)
Total Votes:		1,368

MarketBeat's community ratings are surveys of what our community members think about Lennar and other stocks. Vote "Outperform" if you believe LEN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LEN will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 4/2/2020 by MarketBeat.com Staff

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