LEN - Lennar Corporation

NYSE - NYSE Delayed Price. Currency in USD
51.41
+0.06 (+0.12%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close51.35
Open51.55
Bid51.56 x 1000
Ask51.93 x 800
Day's Range50.95 - 52.13
52 Week Range37.29 - 55.77
Volume3,082,523
Avg. Volume2,971,122
Market Cap16.229B
Beta (3Y Monthly)1.21
PE Ratio (TTM)9.39
EPS (TTM)5.47
Earnings DateJun 25, 2019
Forward Dividend & Yield0.16 (0.31%)
Ex-Dividend Date2019-04-23
1y Target Est58.00
Trade prices are not sourced from all markets
  • FedEx, Micron earnings — What you need to know in markets Tuesday
    Yahoo Finance4 hours ago

    FedEx, Micron earnings — What you need to know in markets Tuesday

    After the bell Tuesday, industrial heavyweight FedEx and chipmaker Micron will release quarterly results.

  • TheStreet.com11 hours ago

    FedEx, Micron, Lennar Earnings: What Investors Should Watch For

    Here's what investors should look for FedEx's, Micron's, Lennar's earnings reports, according to Jim Cramer's Action Alerts PLUS' team.

  • TheStreet.com13 hours ago

    Lennar's Charts Looks Like They Have Run Out of Steam and Are Rolling Over

    During Friday's Mad Money program, Jim Cramer looked ahead to this week. For Tuesday he noted that we'll get earnings from Lennar Corp. In this daily bar chart of LEN, below, we can note some interesting developments.

  • Barrons.com2 days ago

    Micron, Lennar, FedEx and More Stocks to Watch This Week

    Earnings reports also from Walgreens and Nike, and economic data on consumer confidence, GDP, and more. And the G-20 meeting will cap off the week.

  • D.R. Horton, LGI Homes Lead 5 Top Stocks Worth Watching Amid Rate Cut Hopes
    Investor's Business Daily2 days ago

    D.R. Horton, LGI Homes Lead 5 Top Stocks Worth Watching Amid Rate Cut Hopes

    D.R. Horton stock is basing above the 50-day line, while LGI Homes, NVR, KB Homes and Lennar also trading around that key level as Fed hints at a rate cut.

  • Investing.com2 days ago

    Economic Calendar - Top 5 Things to Watch This Week

    Investing.com - Market watchers will be looking ahead to a meeting between U.S. President Donald Trump and China's President Xi Jinping this week amid hopes for a thaw in trade relations, even if it alters expectations for Federal Reserve rate cuts.

  • Were Hedge Funds Right About SS&C Technologies Holdings, Inc. (SSNC)?
    Insider Monkey4 days ago

    Were Hedge Funds Right About SS&C Technologies Holdings, Inc. (SSNC)?

    Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]

  • Earnings Reports for the Week of June 24-28 (FDX, KBH, MU)
    Kiplinger4 days ago

    Earnings Reports for the Week of June 24-28 (FDX, KBH, MU)

    Check out our weekly earnings calendar and read the latest quarterly earnings previews.

  • Zacks4 days ago

    Will Lennar (LEN) Be Able to Top Q2 Earnings Estimates?

    While dynamic pricing model & robust backlog are likely to aid Lennar's (LEN) fiscal Q2 results, higher construction cost, reasonably low demand & lower value of other land assets are risks.

  • Top homebuilder opens new townhome community near Houston's Garden Oaks-Oak Forest area
    American City Business Journals4 days ago

    Top homebuilder opens new townhome community near Houston's Garden Oaks-Oak Forest area

    Miami-based Lennar Corp. (NYSE: LEN) has opened Chapel Heights, its fifth in-town Urban Life community near the Garden Oaks-Oak Forest area. The gated community features 18 two-story homes, many of which are move-in ready or near completion, according to a press release.

  • Tough Time for Homebuilding ETFs Despite Fed's Dovishness?
    Zacks4 days ago

    Tough Time for Homebuilding ETFs Despite Fed's Dovishness?

    Homebuilders' sentiments are wavering despite low mortgage rates. What should be your stance on housing ETFs?

  • Best ETFs for 2019: iShares U.S. Home Construction ETF Still Has a Chance
    InvestorPlace5 days ago

    Best ETFs for 2019: iShares U.S. Home Construction ETF Still Has a Chance

    Editor's note: This article is a part of InvestorPlace.com's Best ETFs for 2019 contest. Vince Martin's pick for the contest is the iShares U.S. Home Construction ETF (BATS:ITB).Heading into 2019, the case for the iShares U.S. Home Construction ETF (BATS:ITB) was reasonably simple. Pretty much anything housing-related had been sold off big in 2018. In fact, ITB stock fell some 31% for the year. Yet the economy still seemed strong. Broad markets, even with a rough Q4, were in decent shape. Economically sensitive housing-related stocks were plunging despite the news simply being not that bad.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat divergence was why I named ITB as my pick for the Best ETFs of 2019 contest. So far, it has been a solid choice, with the ITB ETF gaining 29% year-to-date against a 17% rise in the S&P 500. Homebuilder stocks have risen, as have most of the industry's retailers and many of its suppliers.But at this point, the case for ITB gets a little thinner. After the first quarter, the fund had returned 16%, but that was only modestly better than low double-digit gains in most broad market indices. And so I made the case in late March that ITB still had some catching up to do.Three months later, ITB hasn't completely caught up. Since the beginning of 2018, the fund remains negative against an ~10% gain for the S&P 500. But the gap certainly has closed. As such, this ETF will need some outside help if it's going to keep rising. * 10 'Buy-and-Hold' Stocks to Own Forever The Case Against ITB as One of the Best ETFsUp 29% YTD, it certainly seems like the easy money has been made here. That seems particularly true looking at the fund's key holdings: 27% of assets are in the country's two largest homebuilders, D.R. Horton (NYSE:DHI) and Lennar (NYSE:LEN).Both stocks have rallied sharply this year (+29% for DHI, +33% for LEN), driving a good chunk of the fund's gains. Another 40% of the fund owns smaller homebuilders -- most of which have followed similar patterns. Most of the group is below their highs, but many have at least returned to 2018 trading levels.Home Depot (NYSE:HD) has gained nicely, and is threatening a new all-time high. Lowe's (NYSE:LOW) has underperformed, but is still positive. In December, ITB was a case of buying a group of stocks at or near the lows. That's not the argument anymore.Now, ITB needs at least a few components to break out from the highs -- and not just rebound off the lows. That might be tough. Tariffs are pressuring margins in the space. Trade war concerns are affecting the macroeconomic outlook. There's still a belief that a downturn in the U.S. has to be on the way at some point, as we head into year eleven of the economic expansion. Homebuilder stocks, in particular, likely would take a big hit.At this point, risks are rising and valuations aren't as cheap. That's a combination that suggests, at the least, that ITB's appreciation is going to slow in the second half. The Case for the iShares U.S. Home Construction ETFFor market and macro bulls, however, ITB still looks like a solid pick. The ETF remains about 15% below early 2018 highs. With some help from lower interest rates, which would lower mortgage costs, and economic strength, it could re-take those highs, suggesting another 20% or so in upside.From a longer-term standpoint, the ETF still sits below where it traded back in 2006. ITB started trading on May 1st of that year. The housing crisis followed, and in less than three years, 85% of its value had been wiped out. It has been a long climb back from those lows, but if the economy cooperates, that climb can continue. * 7 Blue-Chip Stocks to Buy for a Noisy Market That's the key point, though: if the economy cooperates. To even consider ITB at this point, an investor truly has to trust both the economy and the broad market. If trade war concerns ease and/or if strong U.S. job and macro growth continues, ITB will keep rising. And, in that scenario, the ETF likely will outperform broad markets in the second half, just as it did in the first.But this is a different argument than it was six months ago. Then, the ETF looked like it was pricing in an almost-certain recession. That's just not the case anymore. For macro bulls, the ITB ETF is a way to get leveraged upside on more good economic news ahead. But it's not as cheap, or attractive, as it was six months ago.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post Best ETFs for 2019: iShares U.S. Home Construction ETF Still Has a Chance appeared first on InvestorPlace.

  • Do Lennar's (NYSE:LEN) Earnings Warrant Your Attention?
    Simply Wall St.5 days ago

    Do Lennar's (NYSE:LEN) Earnings Warrant Your Attention?

    For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

  • TheStreet.com5 days ago

    Sell Homebuilder Stocks on a Stagnant Housing Market

    Sell D.R. Horton, KB Home, Lennar, PulteGroup and Toll Brothers as these stocks are in bull market territory in a stalled housing market.

  • Homebuilder stocks get a downgrade, as housing market flashes warning signs
    MarketWatch6 days ago

    Homebuilder stocks get a downgrade, as housing market flashes warning signs

    Just a few days after one group of analysts cut their view of builder stocks, Raymond James’ Buck Horne turned bearish on housing, the economy, and a group of stocks that are up astronomically this year.

  • 5 Ominous Signals for Housing Market Even If Fed Cuts Rates
    Investopedia6 days ago

    5 Ominous Signals for Housing Market Even If Fed Cuts Rates

    Outperforming homebuilder stocks are headed for trouble as the housing market flashes warning signals.

  • Barrons.com7 days ago

    KB Home and Lennar Stocks Are Slapped With Downgrades as Housing Data Looks Weak

    Raymond James says that two of 2019’s better-performing home builders might have run out of room to run but one competitor still looks promising.

  • Analyst: Beware LEN Stock Before Earnings
    Schaeffer's Investment Research7 days ago

    Analyst: Beware LEN Stock Before Earnings

    Raymond James downgraded the stock to "market perform" from "outperform"

  • Analysts Estimate Lennar (LEN) to Report a Decline in Earnings: What to Look Out for
    Zacks7 days ago

    Analysts Estimate Lennar (LEN) to Report a Decline in Earnings: What to Look Out for

    Lennar (LEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • What's Worrying Housing Industry Despite Low Mortgage Rates?
    Zacks7 days ago

    What's Worrying Housing Industry Despite Low Mortgage Rates?

    Housing market index falls two points from the prior month in June. Nonetheless, homebuilders remain confident about the upcoming period, given higher demand.

  • Benzinga8 days ago

    Bulls And Bears Of The Week: Lennar, Dave & Buster's, Broadcom And More

    Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included a company riding low interest rates and a strong homebuilding trend, and a semiconductor stock bucking an otherwise rough trend for the industry. Bearish calls included a restaurant where you can play Skeeball, and negative bet on a couple casino stocks.

  • MarketWatch9 days ago

    Home builders are a buy again, says Wedbush

    As low mortgage rates bolster demand and the economy remains supportive, homebuilder stocks are now the preferred proxy for housing market demand for analysts at Wedbush, according to a note published Thursday.

  • Benzinga12 days ago

    Wedbush Upgrades Lennar Amid Favorable Homebuilder Market

    Wedbush downgraded homebuilding company Lennar Corporation (NYSE: LEN ) in February, but the research firm sees multiple reasons why a bullish stance can be warranted again. The Analyst Wedbush's Jay McCanless ...

  • TheStreet.com12 days ago

    Lennar Is Upgraded to Outperform at Wedbush, Price Target Hiked to $62

    were rising Thursday after shares of the homebuilder were upgraded to outperform from neutral at Wedbush. Analyst Jay McCanless also raised his price target on Lennar to $62 from $50. The analyst sees improving sales and said Lennar should benefit from lower interest rates and continued demand for affordable housing in western markets.

  • Lennar raises $1.3B for multifamily investments
    American City Business Journals12 days ago

    Lennar raises $1.3B for multifamily investments

    Lennar Corp. subsidiary LMC raised $1.3 billion to launch its second multifamily investment fund. While the Miami-based company (NYSE: LEN) is best known as the nation’s largest homebuilder, it has been expanding in the apartment rental business as well. Its first fund has invested in 54 apartment complexes with a value of $6.3 billion, with another $2.7 billion in the development pipeline.