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. 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 0.74%. The ex-dividend date of this dividend is Thursday, January 23rd. This is a boost from Lennar's previous quarterly dividend of $0.04. View Lennar's Dividend History.

Lennar Co. (NYSE:LEN) announced its quarterly earnings data on Wednesday, January, 8th. The construction company reported $2.13 EPS for the quarter, beating the consensus estimate of $1.90 by $0.23. The construction company had revenue of $6.97 billion for the quarter, compared to analysts' expectations of $6.60 billion. Lennar had a net margin of 8.31% and a return on equity of 12.16%. The firm's 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.

18 brokers have issued 1-year price objectives for Lennar's shares. Their forecasts range from $47.00 to $78.00. On average, they anticipate Lennar's share price to reach $62.00 in the next twelve months. This suggests that the stock has a possible downside of 7.9%. View Analyst Price Targets for Lennar.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 4 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lennar.

Press coverage about LEN stock has been trending somewhat negative this week, InfoTrie reports. The research group scores the sentiment of media 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 -5 to 5, with scores closest to five being the most favorable. Lennar earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned news 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 near term. 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), NVIDIA (NVDA), Walt Disney (DIS), Home Depot (HD), Intel (INTC), Bank of America (BAC), Cisco Systems (CSCO), AT&T (T), Verizon Communications (VZ) and Netflix (NFLX).

Lennar's stock is owned by many different of retail and institutional investors. Top institutional investors include Hexavest Inc. (0.23%), PGGM Investments (0.14%), Meritage Portfolio Management (0.06%), State of Alaska Department of Revenue (0.06%), Arizona State Retirement System (0.06%) and Mckinley Capital Management LLC Delaware (0.05%). 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 Meag Munich Ergo Kapitalanlagegesellschaft MBH, Institute for Wealth Management LLC., Hudson Valley Investment Advisors Inc. ADV, Sippican Capital Advisors, Marketfield Asset Management LLC, IFM Investors Pty Ltd, DNB Asset Management AS and State of Michigan Retirement System. 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 bought by a variety of institutional investors in the last quarter, including Hexavest Inc., PGGM Investments, Mckinley Capital Management LLC Delaware, Exane Derivatives, Arizona State Retirement System, State of Alaska Department of Revenue, Campbell & CO Investment Adviser LLC and Wealthfront Advisers 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 $67.29.

Lennar has a market capitalization of $21.37 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 11,626 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]