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In other words, the price has increased by $0.00 from its previous closing price. On the day, 2.46 million shares were traded. LEN stock price reached its highest trading level at $145.02 during the session, while it also had its lowest trading level at $141.15.
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 10.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.59. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 4.04. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.09.
On July 02, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $174 to $164.
Wedbush Downgraded its Neutral to Underperform on April 02, 2024, while the target price for the stock was maintained at $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 38882222080 and an Enterprise Value of 75904557056. As of this moment, Lennar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.70, and their Forward P/E ratio for the next fiscal year is 8.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 2.122 whereas that against EBITDA is 13.261.
Stock Price History:
The Beta on a monthly basis for LEN is 1.59, which has changed by 0.14186215 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, LEN has reached a high of $172.59, while it has fallen to a 52-week low of $102.90. The 50-Day Moving Average of the stock is -8.27%, while the 200-Day Moving Average is calculated to be -0.99%.
Shares Statistics:
According to the various share statistics, LEN traded on average about 2.10M shares per day over the past 3-months and 2223920 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 82.94% stake in the company. Shares short for LEN as of 1718323200 were 6179657 with a Short Ratio of 2.95, compared to 1715731200 on 5619420. Therefore, it implies a Short% of Shares Outstanding of 6179657 and a Short% of Float of 2.94.
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 0.012269508The 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.
