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NYSE:LENLennar Stock Price, Forecast & News

$59.55
-0.59 (-0.98 %)
(As of 06/2/2020 11:28 AM ET)
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Compare
Today's Range
$59.23
Now: $59.55
$60.94
50-Day Range
$39.82
MA: $50.42
$64.99
52-Week Range
$25.42
Now: $59.55
$71.38
Volume118,703 shs
Average Volume3.26 million shs
Market Capitalization$18.59 billion
P/E Ratio9.47
Dividend Yield0.83%
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, 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

Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.8Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.26 out of 5 stars


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$5.97 per share
Book Value$50.76 per share

Profitability

Net Income$1.85 billion

Miscellaneous

Employees10,106
Market Cap$18.59 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 shares have increased by 11.5% and is now trading at $59.55. View which stocks have been most impacted by Coronavirus.

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 8 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 earnings results on Thursday, March, 19th. The construction company reported $1.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.43. The construction company earned $4.50 billion during 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 12.76%. The business's quarterly revenue was up 16.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.74 earnings per share. View Lennar's earnings history.

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

Lennar announced a quarterly dividend on Tuesday, April 7th. Shareholders of record on Tuesday, April 21st will be given a dividend of $0.125 per share on Tuesday, May 5th. This represents a $0.50 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend is Monday, April 20th. View Lennar's dividend history.

What price target have analysts set for LEN?

18 equities research analysts have issued 1 year price objectives for Lennar's stock. Their forecasts range from $36.00 to $78.00. On average, they anticipate Lennar's share price to reach $57.17 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. View analysts' price targets for Lennar.

Has Lennar been receiving favorable news coverage?

News stories about LEN stock have trended very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Lennar earned a news sentiment score of 3.5 on InfoTrie's scale. They also assigned news headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely 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 increase in short interest in the month of May. As of May 15th, there was short interest totaling 9,450,000 shares, an increase of 7.3% from the April 30th total of 8,810,000 shares. Based on an average daily trading volume, of 4,120,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 3.5% of the company's stock are short sold. 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 Walt Disney (DIS), Alibaba Group (BABA), NVIDIA (NVDA), Intel (INTC), Bank of America (BAC), Home Depot (HD), AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO) and Johnson & Johnson (JNJ).

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 many different retail and institutional investors. Top institutional investors include The Manufacturers Life Insurance Company (4.04%), Wellington Management Group LLP (1.75%), Sound Shore Management Inc. CT (0.81%), Smead Capital Management Inc. (0.51%), TCW Group Inc. (0.48%) and Invesco Ltd. (0.42%). 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 major investors are selling Lennar stock?

LEN stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Squarepoint Ops LLC, Cipher Capital LP, Invesco Ltd., APG Asset Management N.V., Schroder Investment Management Group, Lord Abbett & CO. LLC, and Teacher Retirement System of Texas. 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 activity for Lennar.

Which major investors are buying Lennar stock?

LEN stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Wedge Capital Management L L P NC, Sound Shore Management Inc. CT, Gateway Investment Advisers LLC, Basswood Capital Management L.L.C., Eagle Asset Management Inc., Swiss National Bank, and Carillon Tower Advisers Inc.. 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 $59.55.

How big of a company is Lennar?

Lennar has a market capitalization of $18.59 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 6/2/2020 by MarketBeat.com Staff

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