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Lennar Corp. (NYSE: LEN) closed the day trading at $143.20 down -0.29% from the previous closing price of $143.61. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 1.12 million shares were traded. LEN stock price reached its highest trading level at $145.9 during the session, while it also had its lowest trading level at $142.2.
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 10.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.63. 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:
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 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 39039643648 and an Enterprise Value of 76261548032. As of this moment, Lennar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.73, and their Forward P/E ratio for the next fiscal year is 8.94. 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 1.10 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 2.132 whereas that against EBITDA is 13.323.
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 -8.15%, while the 200-Day Moving Average is calculated to be -0.40%.
Shares Statistics:
Over the past 3-months, LEN traded about 2.12M shares per day on average, while over the past 10 days, LEN traded about 2465690 shares per day. 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 83.64% stake in the company. Shares short for LEN as of 1718323200 were 6179657 with a Short Ratio of 2.91, 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
LEN’s forward annual dividend rate is 1.75, up from 1.75 a year ago. Against a Trailing Annual Dividend Yield of 0.012185781The stock’s 5-year Average Dividend Yield is 1.02.
