Lennar Corp (LEN) concluded trading on Wednesday at a closing price of $120.30, with 3.03 million shares of worth about $364.77 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -33.13% during that period and on Wednesday the price saw a gain of about 1.52%. Currently the company’s common shares owned by public are about 236.17M shares, out of which, 229.04M shares are available for trading.
Stock saw a price change of 1.15% in past 5 days and over the past one month there was a price change of -1.80%. Year-to-date (YTD), LEN shares are showing a performance of -8.20% which decreased to -20.04% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $115.61 but also hit the highest price of $186.23 during that period. The average intraday trading volume for Lennar Corp shares is 3.39 million. The stock is currently trading -0.44% below its 20-day simple moving average (SMA20), while that difference is down -4.34% for SMA50 and it goes to -21.03% lower than SMA200.
Lennar Corp (NYSE: LEN) currently have 236.17M outstanding shares and institutions hold larger chunk of about 84.86% of that.
The stock has a current market capitalization of $31.61B and its 3Y-monthly beta is at 1.52. PE ratio of stock for trailing 12 months is 8.39, while it has posted earnings per share of $14.35 in the same period. Its PEG reads 1.84 and has Quick Ratio of 0.85 while making debt-to-equity ratio of 0.16. 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 2.32% while standing at 2.88% over the month.
Analysts are in expectations that Lennar Corp (LEN) stock would likely to be making an EPS of 1.71 in the current quarter, while forecast for next quarter EPS is 2.56 and it is 15.27 for next year. For the current quarter EPS, analysts have given the company a lowest target 1.66 which is 1.8 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 2.61 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -12.73% while it is estimated to increase by 20.55% in next year. EPS is likely to shrink at an annualized rate of 4.56% for next 5-years, compared to annual growth of 20.04% 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 Keefe Bruyette on March 11, 2025 offering a Mkt perform rating for the stock and assigned a target price range of between $152 and $141 to it. Coverage by Seaport Research Partners stated Lennar Corp (LEN) stock as a Buy in their note to investors on March 06, 2025, suggesting a price target of $154 for the stock. Stock get a Neutral rating from BTIG Research on December 20, 2024.
