Lennar Corp (LEN)

LEN (NYSE:Materials & Construction) EQUITY
$52.88
pos +0.00
+0.00%
Today's Range: 0.00 - 0.00 | LEN Avg Daily Volume: 1,821,400
Last Update: 08/17/17 - 4:03 PM EDT
Volume: 0
YTD Performance: 23.18%
Open: $0.00
Previous Close: $52.88
52 Week Range: $39.68 - $55.75
Oustanding Shares: 234,495,178
Market Cap: 12,683,844,178
6-Month Chart
TheStreet Ratings Grade for LEN
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 6 5 6 6
Moderate Buy 1 1 1 1
Hold 7 7 5 4
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 2.07 2.15 1.92 1.82
Latest Dividend: 0.04
Latest Dividend Yield: 0.30%
Dividend Ex-Date: 07/11/17
Price Earnings Ratio: 15.82
Price Earnings Comparisons:
LEN Sector Avg. S&P 500
15.82 15.80 36.20
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
5.19% 13.06% 43.15%
GROWTH 12 Mo 3 Yr CAGR
Revenue 15.60 0.80 0.22
Net Income 11.50 0.80 0.22
EPS 13.60 0.70 0.18
Earnings for LEN:
EBITDA 1.33B
Revenue 10.95B
Average Earnings Estimates
Qtr (08/17) Qtr (11/17) FY (11/17) FY (11/18)
Average Estimate $1.02 $1.84 $4.33 $4.77
Number of Analysts 8 7 8 8
High Estimate $1.06 $1.93 $4.45 $5.11
Low Estimate $0.96 $1.77 $4.23 $4.58
Prior Year $1.01 $1.34 $3.93 $4.33
Growth Rate (Year over Year) 0.62% 36.99% 10.15% 10.14%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
Bearish
Jul 11, 2017 | 9:03 AM EDT
Barclays downgraded Lennar to "Equal-weight" from "Overweight" with a $56 price target.

I'm Still Sold on Homebuilders Real Money Pro($)

Smaller builders are of particular interest because they're acquisition candidates in a fragmented market.
Axalta Coating Systems (AXTA) downgraded to Underperform from Buy at Bank of America Merrill Lynch Intel (INTC) downgraded to Neutral from Buy at BofA/Merrill Lennar (LEN) target raised to $61 from $60 at RBC Capital General Motors (GM) , Ford Motor (F) , Autoliv (ALV) , BorgWarner (BWA) and Adient (ADNT) were all initiated with Neutral ratings at Guggenheim PayPal (PYPL) caught on upgrade at Pacific Crest to Overweight from Sector Weight BMO Capital Markets raised its price target on Adobe (ADBE) to $165 from $160 after last night's earnings report. BMO also boosted its price target on Red Hat (RHT) to $107 from $90.  Back in a bit with more, which will include why the move lower in oil prices is likely to lead to negative earnings revisions for the S&P 500.
But home builders continue to construct a strong story.
But home builders continue to construct a strong story.
LEN's drift down provides a chance to buy more or initiate a long position.
The central bank will probably hike rates this week, which could have unpleasant consequences for bulls.
Traders should use a shallow pullback to go long or increase longs as further gains appear possible in the weeks and months ahead.
There are too many zero-sum games being portrayed as win-wins.
Bull market number one, perhaps of all time: the financials.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.