Economy

Lennar Corporation (LEN) EPS Estimated At $1.50

Lennar Corporation (LEN) EPS Estimated At $1.50

Its down 0.28, from 1.2 in 2017Q2.

Lennar Corporation (LEN) shares were closed at $67.23 a share in the latest session and the stock value loss nearly -0.52% since the beginning of this year. 45 funds opened positions while 132 raised stakes. Shares are now up over the past year, outperforming the broad market by -100% and outperformed a peer group of similar companies by 22%. Farmers Merchants Investments holds 59 shares or 0% of its portfolio.

What to Expect From Lennar Corporation (LEN) in Coming 5 Years? .

Shares of Lennar closed the previous trading session at 66.12 down -0.55 0.82% with 66.30000305175781 shares trading hands. Tracking most recent quarter period, Price to book (P/B) ration is at 2.05 and Price to cash per share ration is at 18.34. 187.83 million shares or 0.17% more from 187.51 million shares in 2017Q2 were reported. Barclays Public Limited Com holds 260,354 shares.

Lennar (NYSE:LEN) announced its quarterly earnings results on Wednesday.

Lennar Corporation (NYSE:LEN) touched its 1-Year High price of $67.80 on 01/08/18 and its 1-Year Low price of $43.27 on 01/12/17.

More news: Carphone Warehouse has been fined £400000 after a massive data breach

Denali Advisors Llc decreased Santander Consmer Usa Hdng Inc (SC) stake by 24.94% reported in 2017Q3 SEC filing. Walleye Trading Llc accumulated 82,764 shares or 0.02% of the stock. Md Sass Investors Svcs holds 2.69% or 608,310 shares in its portfolio. Following the completion of the sale, the chief financial officer now owns 371,043 shares in the company, valued at approximately $22,262,580. 9,165 were accumulated by Mariner Wealth Advsrs Limited Liability Corporation. Bronfman E.L. Rothschild L.P. now owns 2,837 shares of the company's stock worth $120,000 after buying an additional 106 shares during the last quarter. $1.28 million worth of Lennar Corporation (NYSE:LEN) was sold by JAFFE JONATHAN M. Zacks Investment Research upgraded Lennar from a "sell" rating to a "hold" rating in a research note on Thursday, January 4th. The 1-year high was reported on Jan, 8 by Barchart.com. The company has an average rating of "Hold" and an average price target of $59.60. Important factors to focus when evaluating a stock's present and future value are the 52 week price high and low levels. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 0.67% or $1.58 during the last trading session, reaching $238.1. About 944,805 shares traded. It has outperformed by 3.21% the S&P500. The company's quarterly revenue was up 12.1% on a year-over-year basis. research analysts anticipate that Lennar Co. will post 4.04 earnings per share for the current year. After $0.48 actual EPS reported by Santander Consumer USA Holdings Inc. for the previous quarter, Wall Street now forecasts -33.33% negative EPS growth. Therefore 67% are positive. Finally, Wedbush restated a "neutral" rating and issued a $54.00 price objective on shares of Lennar in a research report on Thursday, September 14th. The company has a market capitalization of $15,500.00, a price-to-earnings ratio of 19.21, a P/E/G ratio of 1.35 and a beta of 1.35. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the stock. The firm has "Buy" rating by Citigroup given on Friday, October 20. Finally, KeyCorp restated a "hold" rating on shares of Lennar in a research note on Tuesday, September 26th. BTIG Research maintained Lennar Corporation (NYSE:LEN) on Wednesday, October 4 with "Buy" rating.

Analysts await Lennar Corporation (NYSE:LEN) to report earnings on January, 10 before the open. In phrases of Market analysis and buying and selling signals, RSI moving above the horizontal 30 reference standard is regarded as a bullish indicator, at the same time as the RSI transferring under the horizontal 70 reference standard is visible to be a bearish indicator. The firm has "Hold" rating given on Tuesday, October 31 by KeyBanc Capital Markets. Keefe Bruyette & Woods maintained the shares of LEN in report on Monday, August 28 with "Buy" rating. New York-based Alpine Woods Ltd Liability has invested 1.37% in Lennar Corporation (NYSE:LEN).

The Company's segments include Homebuilding activities, which include Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida and Homebuilding Houston; Lennar Financial Services; Rialto, and Lennar Multifamily.

Analysts believe that the company has the potential to earn average revenue of $3.57 Billion for the current quarter. The price/earnings ratio (P/E) is 19.36 and the forward P/E ratio stands at 13.38. Lennar's homebuilding operations include the construction and sale of single-family attached and detached homes as well as the purchase, development and sale of residential land directly and through unconsolidated entities.

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