Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Lennar Corp.’s stock clocked out at $152.79, down -0.86% from its previous closing price of $154.12. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 2.06 million shares were traded. LEN stock price reached its highest trading level at $153.3 during the session, while it also had its lowest trading level at $148.805.
Ratios:
To gain a deeper understanding of LEN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.42. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 10 ’24 when Banse Amy bought 1,575 shares for $157.00 per share. The transaction valued at 247,275 led to the insider holds 11,859 shares of the business.
BESSETTE DIANE J sold 10,000 shares of LEN for $1,477,300 on Dec 26 ’23. The VP/CFO/Treasurer now owns 260,556 shares after completing the transaction at $147.73 per share. On Dec 21 ’23, another insider, SUSTANA MARK, who serves as the VP/General Counsel/Secretary of the company, sold 37,304 shares for $146.38 each. As a result, the insider received 5,460,560 and left with 18,694 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 42117632000 and an Enterprise Value of 39776706560. As of this moment, Lennar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.70, and their Forward P/E ratio for the next fiscal year is 9.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 17.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 1.135 whereas that against EBITDA is 6.939.
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 -4.02%, while the 200-Day Moving Average is calculated to be 12.40%.
Shares Statistics:
It appears that LEN traded 2.07M shares on average per day over the past three months and 2183810 shares per day over the past ten days. A total of 247.27M shares are outstanding, with a floating share count of 239.13M. Insiders hold about 14.09% of the company’s shares, while institutions hold 83.74% stake in the company. Shares short for LEN as of 1713139200 were 5256394 with a Short Ratio of 2.53, compared to 1710460800 on 4177831. Therefore, it implies a Short% of Shares Outstanding of 5256394 and a Short% of Float of 2.4600001.
Dividends & Splits
With its trailing 12-month dividend rate of 1.625, LEN has a forward annual dividend rate of 2.12. Against a Trailing Annual Dividend Yield of 0.010543733The stock’s 5-year Average Dividend Yield is 0.98.
