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NYSE:LEN - Lennar Stock Price, Forecast & News

$39.96
-0.30 (-0.75 %)
(As of 03/31/2020 03:10 AM ET)
Today's Range
$38.07
Now: $39.96
$40.70
50-Day Range
$29.35
MA: $56.63
$71.22
52-Week Range
$25.42
Now: $39.96
$71.38
Volume3.67 million shs
Average Volume4.32 million shs
Market Capitalization$12.62 billion
P/E Ratio6.35
Dividend Yield1.24%
Beta0.98
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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Lennar logo

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$22.26 billion
Cash Flow$6.02 per share
Book Value$50.76 per share

Profitability

Net Income$1.85 billion

Miscellaneous

Employees10,106
Market Cap$12.62 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 (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, LEN stock has decreased by 25.2% and is now trading at $39.96. 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 5 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 Tuesday, June 23rd 2020. View our earnings forecast for Lennar.

How were Lennar's earnings last quarter?

Lennar Co. (NYSE:LEN) announced its earnings results on Thursday, March, 19th. The construction company reported $1.27 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 analysts' expectations of $4.13 billion. Lennar had a net margin of 8.77% and a return on equity of 12.88%. The business's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.74 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, 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 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date is Thursday, January 23rd. This is a positive change from Lennar's previous quarterly dividend of $0.04. View Lennar's dividend history.

What price target have analysts set for LEN?

16 brokerages have issued 12 month price objectives for Lennar's stock. Their forecasts range from $36.00 to $78.00. On average, they expect Lennar's stock price to reach $56.69 in the next twelve months. This suggests a possible upside of 41.9% from the stock's current price. View analysts' price targets for Lennar.

Has Lennar been receiving favorable news coverage?

Media coverage about LEN stock has been trending very negative recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 -3.7 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutLennar.

Are investors shorting Lennar?

Lennar saw a decrease in short interest in the month of February. As of February 14th, there was short interest totaling 11,710,000 shares, a decrease of 7.7% from the January 30th total of 12,690,000 shares. Based on an average trading volume of 3,140,000 shares, the short-interest ratio is currently 3.7 days. Currently, 4.7% of the company's stock are sold short. View Lennar's Current Options Chain.

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 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 $39.96.

How big of a company is Lennar?

Lennar has a market capitalization of $12.62 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. 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 (star star)
Outperform Votes:  769 (Vote Outperform)
Underperform Votes:  598 (Vote Underperform)
Total Votes:  1,367
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 3/31/2020 by MarketBeat.com Staff

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