Lennar Stock Forecast, Price & News

Lennar's stock was trading at $53.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LEN stock has increased by 42.8% and is now trading at $76.28.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Lennar is scheduled to release its next quarterly earnings announcement on Wednesday, January 13th 2021.
View our earnings forecast for Lennar.

Lennar Co. (NYSE:LEN) issued its quarterly earnings results on Monday, September, 14th. The construction company reported $2.12 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.51 by $0.61. The construction company earned $5.87 billion during the quarter, compared to analysts' expectations of $5.53 billion. Lennar had a return on equity of 13.85% and a net margin of 9.97%. Lennar's revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.59 EPS.
View Lennar's earnings history.

Lennar announced a quarterly dividend on Thursday, June 25th. Shareholders 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 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend is Thursday, July 9th.
View Lennar's dividend history.

18 brokers have issued twelve-month price targets for Lennar's shares. Their forecasts range from $47.00 to $94.00. On average, they anticipate Lennar's share price to reach $77.68 in the next twelve months. This suggests a possible upside of 1.8% from the stock's current price.
View analysts' price targets for Lennar.

Media stories about LEN stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lennar earned a news sentiment score of 1.6 on InfoTrie's scale. They also assigned news articles about the construction company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.
View the latest news about Lennar.

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).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Lennar investors own include NVIDIA (NVDA), Walt Disney (DIS), Intel (INTC), Home Depot (HD), Alibaba Group (BABA), Bank of America (BAC), AT&T (T), Johnson & Johnson (JNJ), Cisco Systems (CSCO) and JPMorgan Chase & Co. (JPM).

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

Lennar's stock is owned by many different retail and institutional investors. Top institutional shareholders include Nordea Investment Management AB (0.57%), Sound Shore Management Inc CT (0.46%), TCW Group Inc. (0.45%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), Brave Warrior Advisors LLC (0.39%) and Glenmede Trust Co. NA (0.38%). Company insiders that own Lennar stock include David M Collins, Diane J Bessette, Irving Bolotin, Jeffrey Joseph Mccall, Jonathan M Jaffe, Mark Sustana 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 Sound Shore Management Inc CT, Prudential Financial Inc., Brave Warrior Advisors LLC, Wedge Capital Management L L P NC, Cannell Peter B & Co. Inc., AQR Capital Management LLC, Zurcher Kantonalbank Zurich Cantonalbank, and TCW Group Inc.. 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, Mark Sustana, and Scott D Stowell.
View insider buying and selling activity for Lennar.

LEN stock was purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Glenmede Trust Co. NA, Man Group plc, Ninety One UK Ltd, Marshall Wace North America L.P., Marshall Wace LLP, Bank of Nova Scotia, and Robeco Institutional Asset Management B.V..
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 $76.28.

Lennar has a market capitalization of $23.82 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]