LEN - Lennar Corporation

NYSE - NYSE Delayed Price. Currency in USD
45.36
-0.52 (-1.13%)
At close: 4:01PM EST

45.36 0.00 (0.00%)
After hours: 6:22PM EST

Stock chart is not supported by your current browser
Previous Close45.88
Open45.89
Bid44.50 x 1400
Ask46.00 x 800
Day's Range45.15 - 46.25
52 Week Range37.29 - 72.17
Volume3,418,620
Avg. Volume4,978,852
Market Cap14.37B
Beta (3Y Monthly)1.25
PE Ratio (TTM)8.34
EPS (TTM)5.44
Earnings DateApr 2, 2019 - Apr 8, 2019
Forward Dividend & Yield0.16 (0.35%)
Ex-Dividend Date2019-01-24
1y Target Est56.75
Trade prices are not sourced from all markets
  • Final Trades: X, LEN & More
    CNBC Videos6 days ago

    Final Trades: X, LEN & More

    The "Fast Money" traders share their final trades of the day including U.S. Steel, Lennar, Sarepta and more.

  • Lennar posts mixed earnings for Q4
    Yahoo Finance Video7 days ago

    Lennar posts mixed earnings for Q4

    Yahoo Finance's Melody Hahm and Brian Cheung discuss Lennar's earnings report.

  • PR Newswire4 hours ago

    Lennar Announces Promotion of Fred Rothman to Chief Operating Officer

    MIAMI, Jan. 16, 2019 /PRNewswire/ -- Lennar Corporation (NYSE:LEN and LEN.B), one of the nation's leading homebuilders, today announced that Fred Rothman has been promoted to the position of Chief Operating Officer. Today's announcement recognizes the significant contribution and leadership that Mr. Rothman has brought to Lennar over many years. Mr. Rothman will continue to oversee the Company's East Homebuilding Region and will take on an expanded role in Lennar's strategic land acquisition program.

  • Thomson Reuters StreetEvents4 hours ago

    Edited Transcript of LEN earnings conference call or presentation 9-Jan-19 4:00pm GMT

    Q4 2018 Lennar Corp Earnings Call

  • CNBC10 hours ago

    Homebuilder sentiment turns higher in January after mortgage rates drop

    Builder sentiment rose 2 points to 58 in January on a monthly index from the National Association of Home Builders. This came after two months of sharp drops in sentiment to the lowest level in more than two years. Current sales conditions rose 2 points to 63.

  • Will the Rally in Homebuilder ETFs Continue?
    Zacksyesterday

    Will the Rally in Homebuilder ETFs Continue?

    U.S. homebuilder ETFs are performing strongly. Will the rally last?

  • LMC Announces Start of Leasing at Luma Apartments
    PR Newswireyesterday

    LMC Announces Start of Leasing at Luma Apartments

    Luxury Mixed-Use Community Brings 220 Apartment Homes to San Diego's Little Italy Neighborhood SAN DIEGO , Jan. 15, 2019 /PRNewswire/ -- LMC, a leader in apartment development and management, today announced ...

  • 6 Home Building Stocks May Face More Steep Declines In 2019
    Investopediayesterday

    6 Home Building Stocks May Face More Steep Declines In 2019

    Housing stocks, which have rebounded this year with the market, are still far off their one-year highs and could continue to plunge even further as the fundamentals of the U.S. housing industry weaken.

  • Markityesterday

    See what the IHS Markit Score report has to say about Lennar Corp.

    # Lennar Corp ### NYSE:LEN View full report here! ## Summary * Perception of the company's creditworthiness is negative but improving * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is low for LEN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $11.47 billion over the last one-month into ETFs that hold LEN are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator with a strengthening bias over the past 1-month. Although LEN credit default swap spreads are decreasing, they are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • American City Business Journals2 days ago

    Lennar buys site of Wynwood Yard for $17M

    Lennar Corp. has acquired a Miami property that includes the Wynwood Yard food venue and the O Cinema was sold for $17 million and may be redeveloped, according to Sandstone Realty Advisors President Jim Fried, who brokered the deal. Wynwood Yard was one of the first major culinary attractions in the neighborhood, which has transitioned from an industrial area into a district for arts, dining and entertainment. Wynwood Yard founder Della Heiman is currently working on plans to open food halls in both Miami Beach and Doral.

  • This Executive Thinks the Housing Market Swoon Is Overblown
    Motley Fool2 days ago

    This Executive Thinks the Housing Market Swoon Is Overblown

    Even though Lennar's earnings results weren't the best result recently, its chairman of the board still sees plenty of reasons to be optimistic.

  • 3 Homebuilder Stocks on the Mend
    InvestorPlace2 days ago

    3 Homebuilder Stocks on the Mend

    Rising interest rates took a bite out of homebuilding stocks last year. From peak-to-trough, the Homebuilders ETF (NYSEARCA:XHB) experienced a 35% decline that broke the back of its weekly uptrend. The deteriorating price action has led many to wonder if traders are sniffing out economic weakness on the horizon that will hamper the housing market. The average 30-year fixed rate mortgage which sat as low as 3.41% in late-2016 rallied to just shy of 5% last year. While a mild rise in rates isn't likely to price buyers out of the market, a large rise will. And, no matter how you spin it, a ramp like we just saw is significant. But here's where I think things get interesting. Interest rates have backed off quite a bit over the past two months, breathing new life into homebuilders, which might make this an industry worth bottom fishing in. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 A-Rated Stocks the Smart Money Is Piling Into Here are three of the top homebuilding stocks to consider. ### Toll Brothers (TOL) Source: ThinkorSwim Toll Brothers (NYSE:TOL) dragged the homebuilding sector lower last year, and it may be poised to lead it higher this year. 2018's 43% intrayear decline created many bearish setups for short sellers to capitalize on, but in Q4 it finally carved out a clear bottoming pattern. The rally at the turn of the year completed the reversal and kicked off a fresh uptrend. The 20-day and 50-day moving averages are both rising to confirm buyers' newfound dominance in the short- and intermediate-term trends. With TOL stock testing its 200-day moving average overhead, I suggest waiting for a pullback toward support at $34 or a breakout above $36.60 before buying. ### Lennar (LEN) Source: ThinkorSwim Lennar (NYSE:LEN) outpaced TOL stock to the downside last year with a 48% intra-year decline. But the catalyst that arrested the descent should be emboldening buyers here. On Jan. 9, Lennar reported better-than-expected earnings and its share price scored a rousing breakout. While its turnabout isn't as mature as TOL, I like the groundswell in volume we've seen accompanying the nascent uptrend. Continued institutional accumulation should support the trend reversal and make price dips from here a buyable event. * 7 Stocks to Buy That Are Ready for Takeoff If you're a willing LEN stock buyer, I like selling the Feb $42.50 puts for around 70 cents to 80 cents. ### D. R. Horton (DHI) Source: ThinkorSwim At -39%, last year's beating in D. R. Horton (NYSE:DHI) wasn't as severe as its predecessors. But the thrashing was enough to turn its trend across all time frames lower. Fortunately, the rally off the lows has been as impressive as TOL and LEN, making its budding uptrend tempting to bet on. In the short run, DHI stock has become a touch overextended, so some backing and filling may be in order before a low-risk entry emerges. Watch for a pullback toward $37 or a breakout over $40 before pulling the trigger. The stock has its quarterly earnings release slated for Jan. 25. As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors * 7 Stocks at Risk of the Global Smartphone Slowdown * 7 Pharmaceutical Stocks That Just Raised Prices This Year Compare Brokers The post 3 Homebuilder Stocks on the Mend appeared first on InvestorPlace.

  • 'Spot' bonuses and corporate culture make this homebuilder a great place to work
    American City Business Journals2 days ago

    'Spot' bonuses and corporate culture make this homebuilder a great place to work

    Canadian homebuilder Mattamy Homes Corp., which has its U.S. operations based in Winter Park, is one of Central Florida’s most active homebuilders. The firm's current Orlando-area projects include the proposed Starwood community near Lake Nona that includes 4,400 homes, as well as Randal Park in southeast Orlando and Oxford Chase in Winter Garden, among others. Mattamy Homes — Central Florida's No. 3 homebuilder with 792 housing starts locally in 2017 — describes itself as solution-oriented and results-driven, but always fun.

  • Lennar Starts Off 2019 With an Earnings Beat. Can It Keep It Up?
    Motley Fool5 days ago

    Lennar Starts Off 2019 With an Earnings Beat. Can It Keep It Up?

    The nation's largest homebuilder by market capitalization was able to blow past analyst expectations, but there are still signs that headwinds are developing.

  • New home sales tank 19 percent to end 2018
    CNBC5 days ago

    New home sales tank 19 percent to end 2018

    Sales of newly built homes fell 18 percent in December compared with December of 2017.

  • Motley Fool5 days ago

    Guidance? We Don't Need No Stinking Guidance!

    How is that even an option?!

  • TheStreet.com6 days ago

    Jim Cramer: Bed Bath & Beyond Demonstrates Our Systemic Deflation

    This stock market rallied on two prongs: Jay Powell getting more realistic about the world's woes and their impact on our economy, and the runup in the price of oil -- which signaled, bizarrely, to a potential pick-up in world growth because of the resumption in trade talks with China. Now oil is backing off and Jay Powell gets a chance to take back the things he said that soothed the market, during a Q&A session at the Economic Club in Washington.

  • PR Newswire6 days ago

    Lennar Announces Stock Repurchase Program, Up to $1.0 Billion

    MIAMI, Jan. 10, 2019 /PRNewswire/ -- Lennar Corporation (NYSE:LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors authorized the Company to repurchase from time to time up to $1 billion in value, or 25,000,000 in shares, of the Company's outstanding Class A or Class B common stock. The purpose of the authorization is to enable the Company to purchase shares from time to time when its officers deem it appropriate for the Company to do so.  During the year ended November 30, 2018, the Company, acting under a prior authorization, repurchased six million shares of its Class A common stock for a total of approximately $250 million. Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations.

  • PR Newswire6 days ago

    Lennar Corporation Declares Quarterly Dividends

    MIAMI , Jan. 10, 2019 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of ...

  • Home builders see rebound after housing market ‘pause’
    MarketWatch6 days ago

    Home builders see rebound after housing market ‘pause’

    More evidence that the housing market may be turning a corner came on the earnings call of Lennar, a home builder.

  • Benzinga6 days ago

    Five In Focus: Extending Win Streak Looks Challenging As Retail Sector Swoons

    Meanwhile, In corporate news, shares of Macy’s Inc. (NYSE: M) got crushed ahead of the opening bell after the retailer reported weak holiday results and cut its outlook. On the other hand, Target Corporation (NYSE: TGT) reported solid holiday sales. Wednesday’s moderately higher close for the S&P 500 Index (SPX) marked the fourth-straight day of gains, the first time that’s happened since a five-session stretch ending last Sept. 14.

  • Lennar (LEN) in Focus: Stock Moves 7.9% Higher
    Zacks6 days ago

    Lennar (LEN) in Focus: Stock Moves 7.9% Higher

    Lennar (LEN) shares rose nearly 8% in the last trading session, amid huge volumes.

  • 2 Homebuilders Soar Despite Sales Slowdown in Fiscal 2018
    GuruFocus.com7 days ago

    2 Homebuilders Soar Despite Sales Slowdown in Fiscal 2018

    Lennar and KB Home post earnings beats for final quarter of fiscal 2018

  • Barrons.com7 days ago

    The Dow Rises 92 Points for a Fourth Day of Gains

    The Dow Jones Industrial Average rose 0.39% to close at 23,879.12. The S&P 500 gained or 0.41% to end at 2584.96, while the Nasdaq Composite added 0.87% to reach 6957.08.

  • What Happened in the Stock Market Today
    Motley Fool7 days ago

    What Happened in the Stock Market Today

    Skyworks Solutions made gains despite lowering guidance and Lennar gave an upbeat assessment of housing demand.