NYSE:LENLennar Stock Price, Forecast & News

Lennar's stock was trading at $53.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LEN stock has increased by 17.1% and is now trading at $62.56. 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 9 hold ratings and 10 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) issued its earnings results on Monday, June, 15th. The construction company reported $1.65 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.36. The construction company had revenue of $5.30 billion for the quarter, compared to analyst estimates of $5.20 billion. Lennar had a return on equity of 13.08% and a net margin of 9.30%. The firm's revenue was down 4.7% compared to the same quarter last year. During the same period last year, the firm posted $1.30 EPS. View Lennar's earnings history.

Lennar announced 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 0.80%. The ex-dividend date is Thursday, July 9th. View Lennar's dividend history.

19 brokerages have issued 1 year target prices 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 5.0% from the stock's current price. View analysts' price targets for Lennar.

News headlines about LEN stock have been trending somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lennar earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned media coverage 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 near future. View the latest news about Lennar.

Lennar saw a decrease in short interest in June. As of June 30th, there was short interest totaling 8,770,000 shares, a decrease of 15.1% from the June 15th total of 10,330,000 shares. Based on an average daily volume of 3,900,000 shares, the short-interest ratio is presently 2.2 days. Currently, 3.3% of the shares of the 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), 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 a variety of retail and institutional 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%), IFM Investors Pty Ltd (0.01%) and Livforsakringsbolaget Skandia Omsesidigt (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, IFM Investors Pty Ltd, 6 Meridian, Municipal Employees Retirement System of Michigan, Spirit of America Management Corp NY, and Hudson Valley Investment Advisors Inc. ADV. 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, Biltmore Wealth Management LLC, Canandaigua National Corp, Alpha Windward LLC, Livforsakringsbolaget Skandia Omsesidigt, Gofen & Glossberg LLC IL, NuWave Investment Management LLC, and Alpha Cubed Investments LLC. 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 $62.56.

Lennar has a market capitalization of $19.53 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]