Lennar Corporation (LEN) volume hits 1.69 million: A New Opening for Investors

Lennar Corporation (NYSE: LEN) open the trading on May 18, 2023, with great promise as it jumped 1.06% to $115.80. During the day, the stock rose to $115.925 and sunk to $113.50 before settling in for the price of $114.59 at the close. Taking a more long-term approach, LEN posted a 52-week range of $62.54-$116.18.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 21.60%. Meanwhile, its Annual Earning per share during the time was 36.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 10.30%. This publicly-traded company’s shares outstanding now amounts to $286.07 million, simultaneously with a float of $247.15 million. The organization now has a market capitalization sitting at $37.39 billion. At the time of writing, stock’s 50-day Moving Average stood at $107.37, while the 200-day Moving Average is $92.32.

Let’s gauge the efficiency of the firm, which has a total of 12012 employees. It has generated 2,806,310 per worker during the last fiscal year. Meanwhile, its income per employee was 379,799. The stock had 23.16 Receivables turnover and 0.95 Total Asset turnover. For the Profitability, stocks gross margin was +27.31, operating margin was +20.05 and Pretax Margin of +17.84.

Lennar Corporation (LEN) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Residential Construction industry. Lennar Corporation’s current insider ownership accounts for 1.70%, in contrast to 98.20% institutional ownership. According to the most recent insider trade that took place on May 15, this organization’s Executive Vice President sold 10,000 shares at the rate of 113.20, making the entire transaction reach 1,132,050 in total value, affecting insider ownership by 151,386. Preceding that transaction, on Mar 23, Company’s VP/CFO/Treasurer sold 9,289 for 103.16, making the whole transaction’s value amount to 958,279. This particular insider is now the holder of 0 in total.

Lennar Corporation (LEN) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 2/27/2023 suggests? It has posted $2.06 earnings per share (EPS) beating the forecaster’s viewpoint (set at $1.55) by $0.51. This company achieved a net margin of +13.53 while generating a return on equity of 20.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.67 per share during the current fiscal year.

Lennar Corporation’s EPS increase for this current 12-month fiscal period is 10.30% and is forecasted to reach 10.74 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 23.70% through the next 5 years, which can be compared against the 36.00% growth it accomplished over the previous five years trading on the market.

Lennar Corporation (NYSE: LEN) Trading Performance Indicators

Let’s observe the current performance indicators for Lennar Corporation (LEN). The Stock has managed to achieve an average true range (ATR) of 2.17. Alongside those numbers, its PE Ratio stands at $7.16, and its Beta score is 1.43. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.10.

In the same vein, LEN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 16.17, a figure that is expected to reach 2.30 in the next quarter, and analysts are predicting that it will be 10.74 at the market close of one year from today.

Technical Analysis of Lennar Corporation (LEN)

[Lennar Corporation, LEN] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 72.35% While, its Average True Range was 2.11.

Raw Stochastic average of Lennar Corporation (LEN) in the period of the previous 100 days is set at 98.63%, which indicates a major rise in contrast to 93.36% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 11.83% that was lower than 23.16% volatility it exhibited in the past 100-days period.