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NYSE:LEN

Lennar Stock Forecast, Price & News

$72.33
-0.18 (-0.25 %)
(As of 10/28/2020 12:00 AM ET)
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Today's Range
$70.75
Now: $72.33
$73.72
50-Day Range
$72.51
MA: $79.92
$84.68
52-Week Range
$25.42
Now: $72.33
$86.80
Volume2.74 million shs
Average Volume3.53 million shs
Market Capitalization$22.62 billion
P/E Ratio10.09
Dividend Yield1.38%
Beta1.56
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, Financial Services, Multifamily, and Lennar Other 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 the fund investment activity; and originating and selling into securitizations commercial mortgage loans. 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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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.25 out of 5 stars

Industry, Sector and Symbol

Industry General building contractors - residential buildings
Sub-IndustryHomebuilding
CUSIP52605710
Phone305-559-4000
Employees10,106

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$22.26 billion
Cash Flow$5.31 per share
Book Value$55.26 per share

Profitability

Net Income$1.85 billion

Miscellaneous

Market Cap$22.62 billion
Next Earnings Date1/13/2021 (Estimated)
OptionableOptionable
$72.33
-0.18 (-0.25 %)
(As of 10/28/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Lennar (NYSE:LEN) Frequently Asked Questions

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

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 shares have increased by 35.4% and is now trading at $72.33.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Lennar?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 7 hold ratings and 11 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 Wednesday, January 13th 2021.
View our earnings forecast for Lennar
.

How were Lennar's earnings last quarter?

Lennar Co. (NYSE:LEN) posted its earnings results on Monday, September, 14th. The construction company reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.61. The construction company earned $5.87 billion during the quarter, compared to the consensus estimate of $5.53 billion. Lennar had a return on equity of 13.35% and a net margin of 9.97%. The business's quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.59 EPS.
View Lennar's earnings history
.

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

Lennar declared a quarterly dividend on Thursday, October 1st. Stockholders of record on Friday, October 16th will be given a dividend of $0.25 per share on Friday, October 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend is Thursday, October 15th. This is an increase from Lennar's previous quarterly dividend of $0.13.
View Lennar's dividend history
.

What price target have analysts set for LEN?

18 equities research analysts have issued 12 month price objectives for Lennar's shares. Their forecasts range from $47.00 to $94.00. On average, they expect Lennar's stock price to reach $79.94 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price.
View analysts' price targets for Lennar
.

Are investors shorting Lennar?

Lennar saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 9,300,000 shares, an increase of 15.8% from the September 30th total of 8,030,000 shares. Based on an average trading volume of 2,590,000 shares, the days-to-cover ratio is presently 3.6 days. Currently, 3.4% of the company's shares are short sold.
View Lennar's Short Interest
.

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 NVIDIA (NVDA), The Walt Disney (DIS), Intel (INTC), Home Depot (HD), Alibaba Group (BABA), Bank of America (BAC), AT&T (T), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM) and Cisco Systems (CSCO).

Who are Lennar's key executives?

Lennar's management team includes the following people:
  • Mr. Stuart A. Miller, Exec. Chairman (Age 62, Pay $8.75M)
  • Mr. Richard Beckwitt, CEO & Director (Age 61, Pay $7.51M)
  • Mr. Jonathan M. Jaffe, Pres & Director (Age 60, Pay $6.66M)
  • Ms. Diane J. Bessette, VP, CFO & Treasurer (Age 59, Pay $2.27M)
  • Mr. Jeffrey J. McCall, Exec. VP (Age 49, Pay $2.26M)

What is Lennar's stock symbol?

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

Who are Lennar's major shareholders?

Lennar's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.11%), Shufro Rose & Co. LLC (0.08%), Standard Life Aberdeen plc (0.04%), Retirement Systems of Alabama (0.04%), State of Alaska Department of Revenue (0.03%) and Highland Capital Management LLC (0.03%). 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
.

Which major investors are selling Lennar stock?

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, Redpoint Investment Management Pty Ltd, Standard Life Aberdeen plc, Pacer Advisors Inc., Nissay Asset Management Corp Japan ADV, Retirement Systems of Alabama, and Shufro Rose & Co. LLC. Company insiders that have sold Lennar company stock in the last year include David M Collins, Diane J Bessette, Jeffrey Joseph Mccall, Jonathan M Jaffe, Mark Sustana, and Scott D Stowell.
View insider buying and selling activity for Lennar
.

Which major investors are buying Lennar stock?

LEN stock was bought by a variety of institutional investors in the last quarter, including Empowered Funds LLC, TrimTabs Asset Management LLC, Polianta Ltd, Fulcrum Asset Management LLP, Exane Derivatives, Exane Derivatives, State of Michigan Retirement System, and Regentatlantic Capital LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Lennar's stock price today?

One share of LEN stock can currently be purchased for approximately $72.33.

How big of a company is Lennar?

Lennar has a market capitalization of $22.62 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.

What is Lennar's official website?

The official website for Lennar is 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]

This page was last updated on 10/29/2020 by MarketBeat.com Staff

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