NYSE:LENLennar Stock Price, Forecast & News

$40.33

+1.11 (+2.83 %)

(As of 04/7/2020 02:38 PM ET)

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Today's Range

$39.42

Now: $40.33▼

$42.88

50-Day Range

$29.35

MA: $51.76▼

$71.03

52-Week Range

$25.42

Now: $40.33▼

$71.38

Volume320,658 shs

Average Volume6.00 million shs

Market Capitalization$12.74 billion

P/E Ratio6.41

Dividend Yield1.50%

Beta1.34

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.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
Lennar has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 10 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $55.19, Lennar has a potential upside of 36.8% from its current price of $40.33.
Amount of Analyst Coverage
Lennar has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.8 Community Rank

Outperform Votes
Lennar has received 769 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Lennar has received 600 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Lennar has received 56.17% “outperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Lennar is a leading dividend payer. It pays a dividend yield of 1.50%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Lennar does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Lennar is 8.71 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Lennar will have a dividend payout ratio of 8.18 % next year. This indicates that Lennar will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lennar insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $22,719,000.00 in company stock.
Percentage Held by Insiders
Only 8.60% of the stock of Lennar is held by insiders.
Percentage Held by Institutions
84.14% of the stock of Lennar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Lennar are expected to grow by 6.08% in the coming year, from $5.76 to $6.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lennar is 6.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.96.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lennar is 6.41, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 13.61.
Price to Earnings Growth Ratio
Lennar has a PEG Ratio of 0.67. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Lennar has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.04 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry General building contractors - residential buildings

Sub-IndustryHomebuilding

SectorConstruction

Current SymbolNYSE:LEN

Previous Symbol

CUSIP52605710

CIK920760

Webhttp://www.lennar.com/

Phone305-559-4000

Debt

Debt-to-Equity Ratio0.49

Current Ratio14.37

Quick Ratio1.15

Price-To-Earnings

Trailing P/E Ratio6.41

Forward P/E Ratio7.00

P/E Growth0.67

Sales & Book Value

Annual Sales$22.26 billion

Price / Sales0.57

Cash Flow$7.32 per share

Price / Cash Flow5.51

Book Value$50.76 per share

Price / Book0.79

Profitability

EPS (Most Recent Fiscal Year)$5.74

Net Income$1.85 billion

Net Margins8.77%

Return on Equity12.88%

Return on Assets6.81%

Miscellaneous

Employees10,106

Outstanding Shares315,860,000

Market Cap$12.74 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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LEN stock has decreased by 24.5% and is now trading at $40.33. 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 6 hold ratings and 10 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) issued its quarterly earnings data on Thursday, March, 19th. The construction company reported $1.27 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.84 by $0.43. The construction company had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.13 billion. Lennar had a net margin of 8.77% and a return on equity of 12.88%. The business's revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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 given a dividend of $0.125 per share on Friday, February 7th. This represents a $0.50 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend 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 Wall Street analysts have issued 1 year price targets for Lennar's stock. Their forecasts range from $36.00 to $78.00. On average, they expect Lennar's share price to reach $55.19 in the next twelve months. This suggests a possible upside of 36.8% from the stock's current price. View analysts' price targets for Lennar.

Has Lennar been receiving favorable news coverage?

Press coverage about LEN stock has trended very negative on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lennar earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutLennar.

Who are some of Lennar's key competitors?

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).

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), Verizon Communications (VZ), Cisco Systems (CSCO) and Starbucks (SBUX).

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."

Who are Lennar's major shareholders?

Lennar's stock is owned by a variety of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.07%). 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.

Which institutional investors are buying Lennar stock?

LEN stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $40.33.

How big of a company is Lennar?

Lennar has a market capitalization of $12.74 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]

This page was last updated on 4/7/2020 by MarketBeat.com Staff

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NYSE:LENLennar Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

4.3 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.8 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment