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The price of Lennar Corp. (NYSE: LEN) closed at $181.86 in the last session, down -1.29% from day before closing price of $184.23. In other words, the price has decreased by -$1.29 from its previous closing price. On the day, 1.71 million shares were traded. LEN stock price reached its highest trading level at $183.37 during the session, while it also had its lowest trading level at $181.1246.
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 12.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.22. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 4.90. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.
On July 22, 2024, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $180 to $174.
Wedbush Upgraded its Underperform to Neutral on July 09, 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 Aug 23 ’24 when Jeffrey J. McCall bought 10,000 shares for $180.97 per share.
SUSTANA MARK sold 9,176 shares of LEN for $1,512,939 on May 20 ’24. The VP/General Counsel/Secretary now owns 16,768 shares after completing the transaction at $164.88 per share. On May 15 ’24, another insider, McCall Jeffrey Joseph, who serves as the Executive Vice President of the company, sold 10,000 shares for $170.11 each. As a result, the insider received 1,701,100 and left with 118,629 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 49471012864 and an Enterprise Value of 46282850304. As of this moment, Lennar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.05, and their Forward P/E ratio for the next fiscal year is 11.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 1.269 whereas that against EBITDA is 8.249.
Stock Price History:
Over the past 52 weeks, LEN has reached a high of $193.80, while it has fallen to a 52-week low of $102.90. The 50-Day Moving Average of the stock is 2.69%, while the 200-Day Moving Average is calculated to be 13.49%.
Shares Statistics:
According to the various share statistics, LEN traded on average about 2.09M shares per day over the past 3-months and 2366690 shares per day over the past 10 days. A total of 247.27M shares are outstanding, with a floating share count of 235.82M. Insiders hold about 14.13% of the company’s shares, while institutions hold 83.27% stake in the company. Shares short for LEN as of 1724976000 were 5175159 with a Short Ratio of 2.51, compared to 1722384000 on 5826593. Therefore, it implies a Short% of Shares Outstanding of 5175159 and a Short% of Float of 2.4600001.
Dividends & Splits
The forward annual dividend rate for LEN is 1.88, which was 0.375 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.002035499The stock’s 5-year Average Dividend Yield is 1.05.
Earnings Estimates
Current recommendations for the stock of the company come from 17.0 analysts. The consensus estimate for the next quarter is $2.6, with high estimates of $3.11 and low estimates of $2.07.
Analysts are recommending an EPS of between $14.93 and $14.0 for the fiscal current year, implying an average EPS of $14.43. EPS for the following year is $16.17, with 21.0 analysts recommending between $17.18 and $15.51.
Revenue Estimates
According to 12 analysts, the current quarter’s revenue is expected to be $10.13B. It ranges from a high estimate of $10.55B to a low estimate of $9.78B. As of the current estimate, Lennar Corp.’s year-ago sales were $10.97BFor the next quarter, 12 analysts are estimating revenue of $7.47B. There is a high estimate of $8.34B for the next quarter, whereas the lowest estimate is $6.66B.
A total of 10 analysts have provided revenue estimates for LEN’s current fiscal year. The highest revenue estimate was $35.97B, while the lowest revenue estimate was $34.1B, resulting in an average revenue estimate of $35.55B. In the same quarter a year ago, actual revenue was $34.23BBased on 14 analysts’ estimates, the company’s revenue will be $38.41B in the next fiscal year. The high estimate is $39.49B and the low estimate is $36.65B.
