NYSE:LEN - Lennar Stock Price, Forecast & News

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

Lennar announced a quarterly dividend on Thursday, January 9th. Investors of record on Friday, January 24th will be given a dividend of $0.125 per share on Friday, February 7th. This represents a $0.50 annualized dividend and a dividend yield of 0.75%. 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.

Lennar Co. (NYSE:LEN) posted its quarterly earnings data on Wednesday, January, 8th. The construction company reported $2.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.23. The construction company earned $6.97 billion during the quarter, compared to the consensus estimate of $6.60 billion. Lennar had a net margin of 8.31% and a return on equity of 12.00%. Lennar's quarterly revenue was up 7.9% on a year-over-year basis. During the same period last year, the business earned $1.96 earnings per share. View Lennar's Earnings History.

Lennar is scheduled to release their next quarterly earnings announcement on Wednesday, March 25th 2020. View Earnings Estimates for Lennar.

16 analysts have issued 1-year price targets for Lennar's shares. Their forecasts range from $47.00 to $78.00. On average, they expect Lennar's stock price to reach $64.00 in the next year. This suggests that the stock has a possible downside of 3.7%. View Analyst Price Targets for Lennar.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 3 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lennar.

Media headlines about LEN stock have trended somewhat negative this week, InfoTrie reports. InfoTrie identifies positive and negative media coverage by monitoring 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 daily sentiment score of -1.4 on InfoTrie's scale. They also assigned media stories 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 stock's share price in the next few days. View News Stories for Lennar.

Some companies that are related to Lennar include D. R. Horton (DHI), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), KB Home (KBH), M.D.C. (MDC), Meritage Homes (MTH), TRI Pointe Group (TPH), Cavco Industries (CVCO), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV).

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

Lennar's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Boston Partners (2.46%), Barrow Hanley Mewhinney & Strauss LLC (0.65%), Sound Shore Management Inc. CT (0.64%), Smead Capital Management Inc. (0.47%), TCW Group Inc. (0.45%) and Sumitomo Mitsui Trust Holdings Inc. (0.38%). Company insiders that own Lennar stock include David M Collins, Diane J Bessette, Irving Bolotin, Jeffrey Joseph Mccall, Jeffrey Sonnenfeld, 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 FIL Ltd, Barrow Hanley Mewhinney & Strauss LLC, Sound Shore Management Inc. CT, CI Investments Inc., Public Sector Pension Investment Board, TCW Group Inc., Cannell Peter B & Co. Inc. and Pictet Asset Management Ltd.. 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 for Lennar.

LEN stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, Hexavest Inc., AQR Capital Management LLC, Lord Abbett & CO. LLC, PGGM Investments, Eagle Asset Management Inc., Teacher Retirement System of Texas and Cubist Systematic Strategies LLC. View Insider Buying and Selling 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 $66.45.

Lennar has a market capitalization of $20.99 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.

The official website for Lennar is http://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]