LEN - Lennar Corporation

NYSE - NYSE Delayed Price. Currency in USD
50.13
-0.59 (-1.16%)
At close: 4:03PM EDT
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Previous Close50.72
Open50.69
Bid49.13 x 900
Ask0.00 x 2200
Day's Range49.57 - 50.72
52 Week Range48.71 - 72.17
Volume7,790,100
Avg. Volume3,390,038
Market Cap16.146B
Beta1.32
PE Ratio (TTM)13.30
EPS (TTM)3.77
Earnings DateOct 3, 2018
Forward Dividend & Yield0.16 (0.30%)
Ex-Dividend Date2018-07-11
1y Target Est70.44
Trade prices are not sourced from all markets
  • 3 Earnings Reports to Watch Next Week
    InvestorPlace22 hours ago

    3 Earnings Reports to Watch Next Week

    The Dow Jones Industrial Average set a new record on Thursday; 2018 hasn’t been as much fun as 2017 was, but it has been a solid year nonetheless. Next week should provide more data points on the health of the U.S. economy, and perhaps a preview of how investors will react to the next batch of earnings reports as the bull market grinds through its tenth year. The fiscal Q1 report from Nike (NYSE:NKE) will be closely watched by investors — and may even make some political noise as well.

  • Barrons.com23 hours ago

    Reasons for Caution on Homebuilder Stocks

    Homebuilders have lagged behind the broader market this year, and a lackluster housing outlook isn’t helping, says JPMorgan Chase .

  • PR Newswire2 days ago

    Lennar Corporation's Third Quarter Earnings Conference Call To Be Broadcast Live On The Internet

    MIAMI, Sept. 20, 2018 /PRNewswire/ -- Lennar Corporation (NYSE:LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the third quarter ended August 31, 2018 before the market opens on October 3, 2018.  Additionally, the Company will hold a conference call on October 3, 2018 at 11:00 a.m. Eastern Time. The call will be broadcast live on the Internet and can be accessed through Lennar's website at www.lennar.com.  If you are unable to participate during the live webcast, the call will be archived at www.lennar.com for 90 days. Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations.

  • Homebuilder Confidence Stays Steady in September: 5 Top Picks
    Zacks3 days ago

    Homebuilder Confidence Stays Steady in September: 5 Top Picks

    The latest reading of 67 in builders' confidence signals improving conditions in spite of rate woes.

  • See what the IHS Markit Score report has to say about Lennar Corp.
    Markit4 days ago

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

    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. The current level displays a neutral indicator with a strengthening bias over the past 1-month.

  • Tariff watch, Lennar earnings — What you need to know in markets on Tuesday
    Yahoo Finance5 days ago

    Tariff watch, Lennar earnings — What you need to know in markets on Tuesday

    The housing sector will be in focus on Tuesday as investors continue to keep a close eye on trade developments as stocks were under pressure on Monday.

  • American City Business Journals5 days ago

    Homebuilders buy $23 million in lots in four deals

    Four homebuilders have bought future home lots in south Placer County and Rancho Cordova, for a combined $23 million.

  • See what the IHS Markit Score report has to say about Lennar Corp.
    Markit9 days ago

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

    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. Index (PMI) data, output in the Consumer Goods sector is rising.

  • Lennar reveals development plans for former golf course in Broward
    American City Business Journals9 days ago

    Lennar reveals development plans for former golf course in Broward

    Lennar has revealed plans for Veleiros, which will be developed on the former Crystal Lake Golf Club in Deerfield Beach. The Miami-based homebuilder (NYSE: LEN) said it would be the first new single-family home community in Deerfield Beach in about 25 years. In March, Lennar acquired the 109-acre property at 3810 Crystal Lake Drive for $12.83 million.

  • Developer plans 55-acre community partially in 500-year floodplain northwest of Cypress
    American City Business Journals10 days ago

    Developer plans 55-acre community partially in 500-year floodplain northwest of Cypress

    The land is next to a 75-acre tract owned by the Harris County Flood Control District and close to a tributary of Little Cypress Creek.

  • American City Business Journals10 days ago

    Homebuilder announces another Garden Oaks-area townhome community

    About five months after debuting the Neumann Oaks townhome community in Garden Oaks, Miami-based homebuilder Lennar Corp. announced another 18-townhome enclave that will share a back boundary with the original two-acre development. Lennar will start building homes in Chapel Heights by the fourth quarter of 2018, said Michael Johnson, vice president of Houston-based Friendswood Development Co., a division of Lennar. Lennar represented itself in the land sale that closed in 2017.

  • Will Opendoor's deal for home-buying service be a game changer?
    American City Business Journals11 days ago

    Will Opendoor's deal for home-buying service be a game changer?

    The acquisition brings Opendoor’s substantial capital and other resources to the fledgling, home-buying startup, which could further upend the way Americans buy and sell homes.

  • MarketWatch12 days ago

    Lennar's credit upgraded out of junk at Fitch

    Lennar Corp.'s credit rating was upgraded Monday out of "junk" territory, following the completion of the deal in which the homebuilder acquired CalAtlantic Group Inc. in a $9.3 billion deal. The outlook was revised to stable. Fitch raised its rating to BBB-, the lowest investment grade rating, from BB+. The deal, which closed in February, and included $3.6 billion in assumed debt, created the largest homebuilder in terms of revenue and lifted the company into a top-3 position in 27 of the 30 largest metropolitan markets. "Fitch views this as an advantage as scale in local metro markets is becoming increasingly more important as homebuilders look for efficiencies in purchasing amid escalating costs," Fitch said. The stock has lost 20% year to date, while the iShares U.S. Home Construction ETF has lost 14% and the S&P 500 has gained 7.7%.

  • Lennar's plan to replace Wynwood Yard, O Cinema with apartments among four big projects in Miami
    American City Business Journals17 days ago

    Lennar's plan to replace Wynwood Yard, O Cinema with apartments among four big projects in Miami

    Officials will also consider apartments in Little Havana, a Brickell condominium and a new auto dealership.

  • InvestorPlace22 days ago

    9 Housing Stocks to Buy

    The U.S. economy looks like it’s getting stronger. Just this week, the GDP for last quarter was adjusted upward to 4.2% for the quarter. That almost doubled GDP in Q1.

  • 8 Stocks Joel Greenblatt Continues to Buy
    GuruFocus.com23 days ago

    8 Stocks Joel Greenblatt Continues to Buy

    The stock has climbed 140% over the last 12 months and is now trading with a price-earnings ratio of 6.86 and a price-book ratio of 18.46. Jim Simons (Trades, Portfolio)' Renaissance Technologies is the largest guru shareholder of the company with 0.63% of outstanding shares, followed by Greenblatt with 0.04%. The stock has declined 4% over the last 12 months and is now trading with a price-earnings ratio of 18.40 and a price-book ratio of 4.56.

  • From salt ponds to neighborhoods, Newark pushes to create waterfront community of over 300 homes
    American City Business Journals23 days ago

    From salt ponds to neighborhoods, Newark pushes to create waterfront community of over 300 homes

    The Newark waterfront has traditionally been an industrial hub dotted with railroad tracks and salt ponds, but it may be soon be transformed into a walkable, dense neighborhood. Integral Communities has proposed 193 detached homes on 17 acres at the western edge of the city, while Trumark Homes plans to build 138 single-family and townhomes at 8610 Enterprise Dr. Earlier this week, the Planning Commission recommended both projects for approval next month. “People are getting priced off the Peninsula, but they can drive 20 minutes off the Dumbarton Bridge and live in an up-and-coming community,” said Garrett Hinds, director of architecture at Trumark.

  • Leon Cooperman Buys NRG Energy, Lennar Corp
    GuruFocus.com23 days ago

    Leon Cooperman Buys NRG Energy, Lennar Corp

    Guru’s largest buys of 2nd quarter

  • This Homebuilder Doesn't See the Housing Market Slowing Down
    Motley Fool23 days ago

    This Homebuilder Doesn't See the Housing Market Slowing Down

    Even though some macroeconomic numbers and some homebuilders' earnings reports show some housing market fatigue, Lennar's management still sees a multiyear growth opportunity.

  • Shrug Off Housing Market Woes With These Top 3 Value Picks
    Zacks25 days ago

    Shrug Off Housing Market Woes With These Top 3 Value Picks

    We have shortlisted three stocks from the top-notch Homebuilding industry, which are likely to benefit investors on the back of a solid U.S. economy and higher demand.

  • RVs and recliners are back thanks to millennials
    Yahoo Finance26 days ago

    RVs and recliners are back thanks to millennials

    We may be experiencing an RV and recliner renaissance — thanks to young adults.

  • Luxury Home Market Stays Strong: ETF & Stock Picks
    Zacks29 days ago

    Luxury Home Market Stays Strong: ETF & Stock Picks

    Though existing home sales in the United States fell for four straight months, the luxury home segment looks better-positioned and puts these stocks and ETFs in focus.