NYSE:LEN - Lennar Stock Price, News, & Analysis

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$47.57 +1.35 (+2.92 %)
(As of 03/21/2019 04:00 PM ET)
Previous Close$46.22
Today's Range$46.25 - $47.83
52-Week Range$37.29 - $64.90
Volume3.97 million shs
Average Volume3.89 million shs
Market Capitalization$15.42 billion
P/E Ratio7.48
Dividend Yield0.35%
Beta1.32
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.

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Industry, Sector and Symbol

Industry General building contractors - residential buildings
Sub-IndustryHomebuilding
SectorConstruction
CUSIP52605710
Phone305-559-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$20.57 billion
Cash Flow$6.4371 per share
Book Value$45.28 per share

Profitability

Net Income$1.70 billion

Miscellaneous

Employees11,626
Market Cap$15.42 billion
Next Earnings Date3/27/2019 (Confirmed)
OptionableOptionable

Lennar (NYSE:LEN) Frequently Asked Questions

What is Lennar's stock symbol?

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

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

Lennar declared a quarterly dividend on Friday, January 11th. Stockholders of record on Friday, January 25th will be paid a dividend of $0.04 per share on Friday, February 8th. This represents a $0.16 annualized dividend and a dividend yield of 0.34%. The ex-dividend date of this dividend is Thursday, January 24th. View Lennar's Dividend History.

How were Lennar's earnings last quarter?

Lennar Co. (NYSE:LEN) announced its quarterly earnings data on Wednesday, January, 9th. The construction company reported $1.96 EPS for the quarter, topping the Zacks' consensus estimate of $1.91 by $0.05. The construction company earned $6.46 billion during the quarter, compared to analysts' expectations of $6.46 billion. Lennar had a return on equity of 13.76% and a net margin of 8.24%. Lennar's revenue for the quarter was up 70.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.29 EPS. View Lennar's Earnings History.

When is Lennar's next earnings date?

Lennar is scheduled to release their next quarterly earnings announcement on Wednesday, March 27th 2019. View Earnings Estimates for Lennar.

How can I listen to Lennar's earnings call?

Lennar will be holding an earnings conference call on Wednesday, March 27th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for LEN?

14 brokers have issued 1 year price objectives for Lennar's stock. Their forecasts range from $49.00 to $71.00. On average, they expect Lennar's share price to reach $57.1538 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Price Targets for Lennar.

What is the consensus analysts' recommendation for Lennar?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 2 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lennar.

Has Lennar been receiving favorable news coverage?

Press coverage about LEN stock has been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lennar earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned news stories about the construction company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the next few days.

Who are some of Lennar's key competitors?

What other stocks do shareholders of Lennar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lennar investors own include Intel (INTC), Alibaba Group (BABA), General Electric (GE), Home Depot (HD), Bank of America (BAC), NVIDIA (NVDA), Cisco Systems (CSCO), Citigroup (C), Starbucks (SBUX) and JPMorgan Chase & Co. (JPM).

Who are Lennar's key executives?

Lennar's management team includes the folowing 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)

Who are Lennar's major shareholders?

Lennar's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Oregon Public Employees Retirement Fund (1.34%), Abrams Bison Investments LLC (0.91%), Sound Shore Management Inc. CT (0.83%), Barrow Hanley Mewhinney & Strauss LLC (0.80%), Smead Capital Management Inc. (0.47%) and United Services Automobile Association (0.24%). Company insiders that own Lennar stock include Bruce E Gross, David M Collins, Diane J Bessette, Jeffrey Joseph Mccall, Jeffrey Sonnenfeld, Jonathan M Jaffe and Mark Sustana. View Institutional Ownership Trends for Lennar.

Which major investors are selling Lennar stock?

LEN stock was sold by a variety of institutional investors in the last quarter, including Factory Mutual Insurance Co., Squarepoint Ops LLC, Lord Abbett & CO. LLC, Ulysses Management LLC, Smead Capital Management Inc., Game Creek Capital LP, Affinity Investment Advisors LLC and Lodge Hill Capital LLC. Company insiders that have sold Lennar company stock in the last year include Jeffrey Joseph Mccall, Jeffrey Sonnenfeld and Jonathan M Jaffe. View Insider Buying and Selling for Lennar.

Which major investors are buying Lennar stock?

LEN stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Abrams Bison Investments LLC, Sound Shore Management Inc. CT, MUFG Securities EMEA plc, MUFG Securities EMEA plc, Ruffer LLP, AMF Pensionsforsakring AB and Lakewood Capital Management LP. View Insider Buying and Selling for Lennar.

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, Scottrade, Fidelity and Charles Schwab.

What is Lennar's stock price today?

One share of LEN stock can currently be purchased for approximately $47.57.

How big of a company is Lennar?

Lennar has a market capitalization of $15.42 billion and generates $20.57 billion in revenue each year. The construction company earns $1.70 billion in net income (profit) each year or $6.35 on an earnings per share basis. Lennar employs 11,626 workers across the globe.

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 (star star)
Outperform Votes:  684 (Vote Outperform)
Underperform Votes:  518 (Vote Underperform)
Total Votes:  1,202
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 3/21/2019 by MarketBeat.com Staff

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