Lennar Corp. (LEN) recent activity suggests a positive outlook with the last week’s performance of -5.39%

Lennar Corp. (NYSE: LEN) on Monday, plunged -2.36% from the previous trading day, before settling in for the closing price of $159.90. Within the past 52 weeks, LEN’s price has moved between $102.90 and $172.59.

A company in the Consumer Cyclical sector has jumped its sales by 11.17% annually for the last half of the decade. The company achieved an average annual earnings per share of 6.06%. With a float of $239.14 million, this company’s outstanding shares have now reached $247.27 million.

In an organization with 12284 employees, it is important to assess its efficiency.

Lennar Corp. (LEN) Insider and Institutional Ownership

Observing investor behavior towards Residential Construction industry stocks is more important than anything else. The insider ownership of Lennar Corp. is 14.08%, while institutional ownership is 84.11%. The most recent insider transaction that took place on Apr 10 ’24, was worth 247,275. In this transaction Director of this company bought 1,575 shares at a rate of $157.00, taking the stock ownership to the 11,859 shares. Before that another transaction happened on Dec 26 ’23, when Company’s VP/CFO/Treasurer sold 10,000 for $147.73, making the entire transaction worth $1,477,300. This insider now owns 260,556 shares in total.

Lennar Corp. (LEN) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 17.61 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 6.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.60% during the next five years compared to 20.35% growth over the previous five years of trading.

Lennar Corp. (NYSE: LEN) Trading Performance Indicators

Lennar Corp. (LEN) is currently performing well based on its current performance indicators. A quick ratio of 1.05 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.24. Likewise, its price to free cash flow for the trailing twelve months is 9.63.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.28, a number that is poised to hit 3.23 in the next quarter and is forecasted to reach 16.24 in one year’s time.

Technical Analysis of Lennar Corp. (LEN)

Let’s dig in a bit further. During the last 5-days, its volume was 2.3 million. That was better than the volume of 2.11 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.34%. Additionally, its Average True Range was 4.46.

During the past 100 days, Lennar Corp.’s (LEN) raw stochastic average was set at 65.27%, which indicates a significant increase from 3.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.93% in the past 14 days, which was higher than the 31.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $159.31, while its 200-day Moving Average is $134.91. However, in the short run, Lennar Corp.’s stock first resistance to watch stands at $159.34. Second resistance stands at $162.57. The third major resistance level sits at $164.51. If the price goes on to break the first support level at $154.17, it is likely to go to the next support level at $152.23. The third support level lies at $149.00 if the price breaches the second support level.

Lennar Corp. (NYSE: LEN) Key Stats

Market capitalization of the company is 43.45 billion based on 278,344K outstanding shares. Right now, sales total 34,233 M and income totals 3,939 M. The company made 7,313 M in profit during its latest quarter, and 719,330 K in sales during its previous quarter.