Lennar Corp (LEN) concluded trading on Wednesday at a closing price of $138.57, with 4.84 million shares of worth about $670.81 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.31% during that period and on January 15, 2025 the price saw a gain of about 2.51%. Currently the company’s common shares owned by public are about 271.25M shares, out of which, 233.04M shares are available for trading.
Stock saw a price change of 4.08% in past 5 days and over the past one month there was a price change of -10.87%. Year-to-date (YTD), LEN shares are showing a performance of 1.61% which decreased to -8.69% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $128.41 but also hit the highest price of $193.80 during that period. The average intraday trading volume for Lennar Corp shares is 2.40 million. The stock is currently trading 0.52% above its 20-day simple moving average (SMA20), while that difference is down -11.33% for SMA50 and it goes to -15.83% lower than SMA200.
Lennar Corp (NYSE: LEN) currently have 271.25M outstanding shares and institutions hold larger chunk of about 82.38% of that.
The stock has a current market capitalization of $37.38B and its 3Y-monthly beta is at 1.67. PE ratio of stock for trailing 12 months is 9.66, while it has posted earnings per share of $14.34 in the same period. Its PEG reads 1.61 and has Quick Ratio of 1.06 while making debt-to-equity ratio of 0.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LEN, volatility over the week remained 3.10% while standing at 2.65% over the month.
Stock’s fiscal year EPS is expected to drop by -11.01% while it is estimated to increase by 21.16% in next year. EPS is likely to shrink at an annualized rate of 6.00% for next 5-years, compared to annual growth of 20.03% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by RBC Capital Mkts on January 10, 2025 offering a Sector perform rating for the stock and assigned a target price of $130 to it. On December 20, 2024, BTIG Research Downgrade their recommendations, while on December 11, 2024, Barclays Downgrade their ratings for the stock with a price target of $181. Stock get an Equal weight rating from Wells Fargo on October 07, 2024.
