LEN - Lennar Corporation
Chart Events
Relative Strength Index (RSI)
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 60.19 |
| Open | 65.69 |
| Bid | 60.45 x 900 |
| Ask | 60.66 x 800 |
| Day's Range | 59.29 - 62.04 |
| 52 Week Range | 25.42 - 71.38 |
| Volume | 2,978,755 |
| Avg. Volume | 4,414,417 |
| Market Cap | 18.29B |
| Beta (5Y Monthly) | 1.51 |
| PE Ratio (TTM) | 9.62 |
| EPS (TTM) | 6.29 |
| Earnings Date | Jun 23, 2020 - Jun 29, 2020 |
| Forward Dividend & Yield | 0.50 (0.83%) |
| Ex-Dividend Date | Apr 20, 2020 |
| 1y Target Est | 51.87 |
Fair Value
Related Research
- TheStreet.com
Homebuilder Lennar's Positive Charts Get a Lift From the Quants
Regular readers of Kamich's Korner on Real Money know that I sometimes use the TheStreet.com's Quantitative Service for ideas on stocks to cover. Today I found that they upgraded Lennar to "Buy". In this daily bar chart of LEN, below, we can see how prices were punished from February into March.
- Insider Monkey
Hedge Funds Cashing Out Of Lennar Corporation (LEN)
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
- MarketWatch
Housing-market ETFs jump on rosy homebuilder report
Exchange-traded funds with exposure to homebuilders and housing market companies roared higher Tuesday after a surprise gain in sales of newly-constructed homes confirmed sturdy demand even in the face of the coronavirus-induced shutdown. The SPDR S&P Homebuilders ETF was 4% higher at midday, while the iShares U.S. Home Construction ETF jumped 3.6%. The portfolios of both funds are heavy with consumer discretionary stocks like Home Depot Inc. \- it's XHB's biggest holding - in addition to builders like Lennar Corp. . The Hoya Capital Housing ETF , a fund designed to more broadly reflect the residential real estate industry with exposure to REITs like American Homes 4 Rent and brokerages like Redfin Corp. , was 3.9% higher.
- MarketWatch
New home sales edge upward in April despite coronavirus stay-at-home orders
Home builders have an opportunity to see improved sales by shifting their designs to meet buyers’ new preferences in a post-coronavirus world.
- Investor's Business Daily
Double Your Money In Two Months? Eight Stocks Did It
It's been two months since the S&P; 500's nightmarish crash low on March 23. And some brave investors doubled their money on bold bets.
- GuruFocus.com
Top 1st-Quarter Buys of Ken Heebner's CGM
Capital Growth Management buys D.R. Horton, sells Thor Industries Continue reading...
- Yahoo Finance Video
Existing home sales tumble 17.8% in April
Tim Rood, Former Fannie Mae Executive and SitusAMC Managing Director, joins Yahoo Finance’s Seana Smith to break down April existing home sales data.
- Zacks
The Zacks Analyst Blog Highlights: D.R. Horton, Lennar, Ethan Allen Interiors, The Lovesac Company and NVR
The Zacks Analyst Blog Highlights: D.R. Horton, Lennar, Ethan Allen Interiors, The Lovesac Company and NVR
- GuruFocus.com
Glen Greenberg's Favorite Holding Is Berkshire Hathaway
A look at the value investor's latest 13F filing Continue reading...
- Barrons.com
Housing Starts Fell 30% in April — but It’s Not as Bad as It Looks
“We’re expecting a robust recovery in all the housing market indicators over the late spring and summer,” says one economist.
- Zacks
Homebuilders Upbeat About Post-Pandemic Sales: 5 Likely Gainers
Homebuilders are now more optimistic about the trajectory of the housing industry's recovery, which calls for keeping an eye on solid housing-related stocks.
- MarketWatch
Home-builder confidence rebounds in May from historic decline as industry grows optimistic about post-pandemic home sales
Construction firms are now relatively less pessimistic on the housing industry’s prospects thanks to low interest rates, even though coronavirus-related challenges remain.
- GuruFocus.com
Major US Indexes Gain on Friday
Shares of Applied Materials fall on weak earnings Continue reading...
- Market Exclusive
Market Morning: London Legalizes Moving, Congress and Fed Want More Spending, European Banks Fall
Moving Is now Legal in England Real estate bounce in London? Maybe, maybe not. At least now it’s legal to buy, sell, and move houses again in at least some parts of the United Kingdom. That at least is a prerequisite for a market to function on a basic level. However, all this must take […]The post Market Morning: London Legalizes Moving, Congress and Fed Want More Spending, European Banks Fall appeared first on Market Exclusive.
- Barrons.com
The Woman Who Foresaw the 2008 Housing Crash Is Bullish on These Home-building Stocks
Lennar, PulteGroup, M/I Homes, and Toll Brothers look like buys, says a researcher who foresaw the housing crash that fueled the financial crisis. Why she has Sells on three real estate investment trusts.
- Motley Fool
Why These Homebuilders' Stocks Jumped More Than 25% in April
Shares of residential homebuilders D.R. Horton (NYSE: DHI), Lennar (NYSE: LEN), and PulteGroup (NYSE: PHM) rose more than 25% in April, according to data provided by S&P Global Market Intelligence. Horton's share price improved the most, jumping 38.9% during the month. Lennar saw its shares rise 31.1%, while PulteGroup trailed with a 26.7% gain.
- Yahoo Finance Video
"The bottom is here" for the housing market: Zillow Economist
Zillow forecasts that home sales may fall as much as 60% through the end of this year, before rebounding by the end of 2021. Zillow Senior Principal Economist Skylar Olsen joins Seana Smith to discuss.
- PR Newswire
LMC Listed No. 4 on NMHC's Top 50 Developers List
LMC, a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, today announced it has been listed as the fourth-largest developer of multifamily housing, according to the National Multifamily Housing Council's 2020 Top 50 Developers list.
- MarketWatch
Homebuilder ETFs surge as economic outlook improves
Exchange-traded funds that track the housing sector surged higher Wednesday as investors were heartened by news of a possible coronavirus treatment suggesting the residential real estate market might not be hit as badly as expected and in spite of a report on Wednesday that showed home-contract signings slumped in March. The iShares U.S. Home Construction fund was 5.2% higher late morning, while the SPDR S&P Homebuilders fund rose 4.9%. Both funds have as their biggest holdings shares of homebuilders like D.R. Horton, Inc. and Lennar Corporation , and housing-related consumer discretionary companies like Lowe's Companies, Inc. and Home Depot, Inc. , all of which were up sharply Wednesday. Both funds are still trailing the broader stock market in the year to date, however: ITB has lost 15% and XHB is down 18%, referring to the funds' ticker symbols, compared with the 9.2% loss for the S&P 500 .
- Investopedia
D.R. Horton Earnings Beat Lifts Homebuilder Stocks
Homebuilding stocks moved higher Tuesday after D.R. Horton reported better-than-expected earnings. Build on momentum with these trading ides.
- Motley Fool
Why LGI Homes, PulteGroup, Meritage Homes, and Lennar Corp. Stocks All Popped Today
Positive results out of D.R. Horton lifted all its fellow homebuilders.
- Insider Monkey
Were Hedge Funds Right About Lennar Corporation (LEN)?
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- Barrons.com
PulteGroup Is the Latest Homebuilder to Suspend Guidance Because of Coronavirus
With builder confidence at a multiyear low, one of the nation’s largest homebuilders beat earnings estimates for the first quarter of 2020—and suspended guidance for the rest of the year.
- Barrons.com
Builder, Home-Furnishing Stocks Come Into Focus Ahead of 2 Readings on Home Sales This Week
Data this week on new-home sales and existing-home sales will give investors in builders and housing-related stocks their first glimpse at the coronavirus crisis’s toll.
- Yahoo Finance
Coronavirus and economic uncertainty put home renovation market on ice
The home renovation market is now projected to stop growing and even shrink by the fourth quarter of this year.
