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Lennar Corp (NYSE: LEN) closed the day trading at $161.67 down -2.61% from the previous closing price of $166.01. In other words, the price has decreased by -$2.61 from its previous closing price. On the day, 2.43 million shares were traded. LEN stock price reached its highest trading level at $163.48 during the session, while it also had its lowest trading level at $160.03.
Ratios:
For a better understanding of LEN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 5.15. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.15.
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, Wells Fargo on October 07, 2024, Downgraded its rating to Equal Weight and sets its target price to $190 from $205 previously.
Goldman Downgraded its Buy to Neutral on July 22, 2024, whereas the target price for the stock was revised from $180 to $174.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 28 ’24 when SONNENFELD JEFFREY sold 17,500 shares for $175.13 per share. The transaction valued at 3,064,775 led to the insider holds 23,689 shares of the business.
JEFFREY SONNENFELD bought 17,500 shares of LEN for $3,064,784 on Oct 28 ’24. On Aug 23 ’24, another insider, Jeffrey J. McCall, who serves as the Officer of the company, bought 10,000 shares for $180.97 each.
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 44766584832 and an Enterprise Value of 40962850816. As of this moment, Lennar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.71, and their Forward P/E ratio for the next fiscal year is 10.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 1.123 whereas that against EBITDA is 7.401.
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 $137.95. The 50-Day Moving Average of the stock is -7.35%, while the 200-Day Moving Average is calculated to be -3.28%.
Shares Statistics:
Over the past 3-months, LEN traded about 1.93M shares per day on average, while over the past 10 days, LEN traded about 1919740 shares per day. A total of 238.81M shares are outstanding, with a floating share count of 233.04M. Insiders hold about 14.09% of the company’s shares, while institutions hold 82.17% stake in the company. Shares short for LEN as of 1732838400 were 5833307 with a Short Ratio of 3.28, compared to 1730332800 on 6268147. Therefore, it implies a Short% of Shares Outstanding of 5833307 and a Short% of Float of 2.8099999.
Dividends & Splits
LEN’s forward annual dividend rate is 2.00, up from 1.875 a year ago. Against a Trailing Annual Dividend Yield of 0.011294501The stock’s 5-year Average Dividend Yield is 1.09.
