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The price of Lennar Corp. (NYSE: LEN) closed at $172.65 in the last session, up 0.09% from day before closing price of $172.50. In other words, the price has increased by $0.09 from its previous closing price. On the day, 1.78 million shares were traded. LEN stock price reached its highest trading level at $174.57 during the session, while it also had its lowest trading level at $169.87.
Ratios:
We take a closer look at LEN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.60. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 5.21. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.14.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on July 22, 2024, Downgraded its rating to Neutral and sets its target price to $174 from $180 previously.
On July 09, 2024, Wedbush Upgraded its rating to Neutral which previously was Underperform but kept the price unchanged to $144.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 20 ’24 when SUSTANA MARK sold 9,176 shares for $164.88 per share. The transaction valued at 1,512,939 led to the insider holds 16,768 shares of the business.
McCall Jeffrey Joseph sold 10,000 shares of LEN for $1,701,100 on May 15 ’24. The Executive Vice President now owns 118,629 shares after completing the transaction at $170.11 per share. On May 10 ’24, another insider, McCall Jeffrey Joseph, who serves as the Executive Vice President of the company, sold 10,000 shares for $162.70 each. As a result, the insider received 1,627,000 and left with 128,629 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LEN now has a Market Capitalization of 46972710912 and an Enterprise Value of 92391784448. As of this moment, Lennar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.74, and their Forward P/E ratio for the next fiscal year is 10.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 2.582 whereas that against EBITDA is 16.141.
Stock Price History:
The Beta on a monthly basis for LEN is 1.60, which has changed by 0.35709798 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, LEN has reached a high of $177.79, while it has fallen to a 52-week low of $102.90. The 50-Day Moving Average of the stock is 10.46%, while the 200-Day Moving Average is calculated to be 17.76%.
Shares Statistics:
According to the various share statistics, LEN traded on average about 2.19M shares per day over the past 3-months and 2806740 shares per day over the past 10 days. A total of 247.27M shares are outstanding, with a floating share count of 235.89M. Insiders hold about 14.10% of the company’s shares, while institutions hold 83.02% stake in the company. Shares short for LEN as of 1719532800 were 6259034 with a Short Ratio of 2.86, compared to 1717113600 on 5470796. Therefore, it implies a Short% of Shares Outstanding of 6259034 and a Short% of Float of 2.98.
Dividends & Splits
The forward annual dividend rate for LEN is 1.88, which was 1.75 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.010144928The stock’s 5-year Average Dividend Yield is 1.02. The current Payout Ratio is 10.92% for LEN, which recently paid a dividend on 2024-07-05 with an ex-dividend date of 1720137600. Stock splits for the company last occurred on 2017-11-09 when the company split stock in a 1017:1000 ratio.
