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NYSE:LENLennar Stock Price, Forecast & News

$62.56
-2.70 (-4.14 %)
(As of 07/13/2020 04:00 PM ET)
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Today's Range
$62.32
Now: $62.56
$66.31
50-Day Range
$57.22
MA: $61.34
$65.55
52-Week Range
$25.42
Now: $62.56
$71.38
Volume4.19 million shs
Average Volume3.73 million shs
Market Capitalization$19.53 billion
P/E Ratio9.42
Dividend Yield0.77%
Beta1.6
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.92 out of 5 stars


Industry, Sector and Symbol

Industry General building contractors - residential buildings
Sub-IndustryHomebuilding
CUSIP52605710
Phone305-559-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$22.26 billion
Cash Flow$5.81 per share
Book Value$50.76 per share

Profitability

Net Income$1.85 billion

Miscellaneous

Employees10,106
Market Cap$19.53 billion
Next Earnings Date10/7/2020 (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 increased by 17.1% and is now trading at $62.56. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Lennar?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lennar in the last year. There are currently 9 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 Wednesday, October 7th 2020. View our earnings forecast for Lennar.

How were Lennar's earnings last quarter?

Lennar Co. (NYSE:LEN) issued its earnings results on Monday, June, 15th. The construction company reported $1.65 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.36. The construction company had revenue of $5.30 billion for the quarter, compared to analyst estimates of $5.20 billion. Lennar had a return on equity of 13.08% and a net margin of 9.30%. The firm's revenue was down 4.7% compared to the same quarter last year. During the same period last year, the firm posted $1.30 EPS. View Lennar's earnings history.

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

Lennar announced a quarterly dividend on Thursday, June 25th. Stockholders of record on Friday, July 10th will be given a dividend of $0.125 per share on Friday, July 24th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date is Thursday, July 9th. View Lennar's dividend history.

What price target have analysts set for LEN?

19 brokerages have issued 1 year target prices for Lennar's shares. Their forecasts range from $47.00 to $76.00. On average, they expect Lennar's share price to reach $65.71 in the next twelve months. This suggests a possible upside of 5.0% from the stock's current price. View analysts' price targets for Lennar.

Has Lennar been receiving favorable news coverage?

News headlines about LEN stock have been trending somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lennar earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned media coverage 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 company's share price in the near future. View the latest news about Lennar.

Are investors shorting Lennar?

Lennar saw a decrease in short interest in June. As of June 30th, there was short interest totaling 8,770,000 shares, a decrease of 15.1% from the June 15th total of 10,330,000 shares. Based on an average daily volume of 3,900,000 shares, the short-interest ratio is presently 2.2 days. Currently, 3.3% of the shares of the 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 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 a variety of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.16%), State of Alaska Department of Revenue (0.04%), Unison Advisors LLC (0.01%), DNB Asset Management AS (0.01%), IFM Investors Pty Ltd (0.01%) and Livforsakringsbolaget Skandia Omsesidigt (0.00%). 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 selling Lennar stock?

LEN stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, State of Alaska Department of Revenue, DNB Asset Management AS, IFM Investors Pty Ltd, 6 Meridian, Municipal Employees Retirement System of Michigan, Spirit of America Management Corp NY, and Hudson Valley Investment Advisors Inc. ADV. 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 institutional investors are buying Lennar stock?

LEN stock was bought by a variety of institutional investors in the last quarter, including Unison Advisors LLC, Biltmore Wealth Management LLC, Canandaigua National Corp, Alpha Windward LLC, Livforsakringsbolaget Skandia Omsesidigt, Gofen & Glossberg LLC IL, NuWave Investment Management LLC, and Alpha Cubed Investments LLC. 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 $62.56.

How big of a company is Lennar?

Lennar has a market capitalization of $19.53 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 7/14/2020 by MarketBeat.com Staff

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