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In the latest session, Lennar Corp. (NYSE: LEN) closed at $159.37 up 1.05% from its previous closing price of $157.71. In other words, the price has increased by $1.05 from its previous closing price. On the day, 1.55 million shares were traded. LEN stock price reached its highest trading level at $159.4 during the session, while it also had its lowest trading level at $155.87.
Ratios:
For a deeper understanding of Lennar Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.82. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 4.27. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.11.
On November 27, 2023, Jefferies started tracking the stock assigning a Hold rating and target price of $117.
On October 17, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $123.Wells Fargo initiated its Overweight rating on October 17, 2023, with a $123 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 43857031168 and an Enterprise Value of 41608208384. As of this moment, Lennar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.16, and their Forward P/E ratio for the next fiscal year is 9.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 18.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 1.187 whereas that against EBITDA is 7.258.
Stock Price History:
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 -0.12%, while the 200-Day Moving Average is calculated to be 13.45%.
Shares Statistics:
For the past three months, LEN has traded an average of 2.01M shares per day and 2104340 over the past ten days. A total of 247.27M shares are outstanding, with a floating share count of 238.98M. Insiders hold about 14.08% of the company’s shares, while institutions hold 82.60% stake in the company. Shares short for LEN as of 1715731200 were 5619420 with a Short Ratio of 2.79, compared to 1713139200 on 5256394. Therefore, it implies a Short% of Shares Outstanding of 5619420 and a Short% of Float of 2.6300002.
Dividends & Splits
According to the company, the forward annual dividend rate for LEN is 1.75, from 1.625 in the trailing year. Against a Trailing Annual Dividend Yield of 0.010303722The stock’s 5-year Average Dividend Yield is 1.01.
