Lennar Corp (NYSE:LEN) shares traded 0.58% higher at $112.15 on Wall Street last session.
LEN stock price is now 3.69% away from the 50-day moving average and -19.11% away from the 200-day moving average. The market capitalization of the company currently stands at $29.44B.
With the price target reduced from $159 to $131, Evercore ISI Downgraded its rating from Outperform to In-line for Lennar Corp (NYSE: LEN). On March 11, 2025, Keefe Bruyette Downgraded its previous ‘Outperform’ rating to ‘Mkt Perform’ on the stock reducing its target price from $152 to quote $141, while ‘Seaport Research Partners’ rates the stock as ‘Buy’
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 $2.66 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 13.37% of the company’s stock is owned by insiders.
During the past 12 months, Lennar Corp has had a low of $98.42 and a high of $186.23. As of last week, the company has a debt-to-equity ratio of 0.17, a current ratio of 3.32, and a quick ratio of 0.74.
The net profit margin was 10.32% and return on equity was 14.97% for LEN.
