The stock of Lennar Corp (NYSE:LEN) last traded at $120.07, down -0.19% from the previous session.
LEN stock price is now -4.38% away from the 50-day moving average and -21.10% away from the 200-day moving average. The market capitalization of the company currently stands at $31.52B.
With the price target reduced from $152 to $141, Keefe Bruyette Downgraded its rating from Outperform to Mkt Perform for Lennar Corp (NYSE: LEN). On March 06, 2025, Seaport Research Partners Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $154, while ‘RBC Capital Mkts’ rates the stock as ‘Sector Perform’
In other news, SONNENFELD JEFFREY, Director sold 17,500 shares of the company’s stock on Oct 28 ’24. The stock was sold for $3,064,775 at an average price of $175.13. Upon completion of the transaction, the Director now directly owns 23,689 shares in the company, valued at $2.84 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 28 ’24, Director JEFFREY SONNENFELD bought 17,500 shares of the business’s stock. A total of $3,064,784 was incurred on buying the stock at an average price of $175.13. A total of 13.36% of the company’s stock is owned by insiders.
During the past 12 months, Lennar Corp has had a low of $115.61 and a high of $186.23. As of last week, the company has a debt-to-equity ratio of 0.16, a current ratio of 3.44, and a quick ratio of 0.85. According to the stock market information, the enterprise value for the company is $28123846656, which is based on a 8.37 price-to-earnings ratio, a 1.84 price-to-earnings-growth ratio, and a beta of 1.52. The fifty day moving average price for LEN is $125.72195 and a two-hundred day moving average price translates $153.10832 for the stock.
The latest earnings results from Lennar Corp (NYSE: LEN) was released for 2024-11-30. The net profit margin was 10.98% and return on equity was 14.30% for LEN. The company reported revenue of $9.95 billion for the quarter, compared to $10.97 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.31 percent.
