Lennar Corp. (NYSE: LEN) kicked off on Monday, up 0.92% from the previous trading day, before settling in for the closing price of $150.19. Over the past 52 weeks, LEN has traded in a range of $102.90-$172.59.
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Annual sales at Consumer Cyclical sector company grew by 11.17% over the past five years. While this was happening, its average annual earnings per share was recorded 6.06%. With a float of $239.13 million, this company’s outstanding shares have now reached $247.27 million.
Let’s look at the performance matrix of the company that is accounted for 12284 employees.
Lennar Corp. (LEN) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Residential Construction Industry. The insider ownership of Lennar Corp. is 14.09%, while institutional ownership is 84.05%. 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
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
Take a look at Lennar Corp.’s (LEN) current performance indicators. Last quarter, stock had a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.20. Likewise, its price to free cash flow for the trailing twelve months is 9.35.
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)
Lennar Corp. (NYSE: LEN) saw its 5-day average volume 2.29 million, a positive change from its year-to-date volume of 2.12 million. As of the previous 9 days, the stock’s Stochastic %D was 12.78%. Additionally, its Average True Range was 4.47.
During the past 100 days, Lennar Corp.’s (LEN) raw stochastic average was set at 55.67%, which indicates a significant increase from 12.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.82% in the past 14 days, which was higher than the 31.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $159.22, while its 200-day Moving Average is $135.60. Nevertheless, the first resistance level for the watch stands at $153.32 in the near term. At $155.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $157.13. If the price goes on to break the first support level at $149.51, it is likely to go to the next support level at $147.45. The third support level lies at $145.70 if the price breaches the second support level.
Lennar Corp. (NYSE: LEN) Key Stats
The company with the Market Capitalisation of 42.19 billion has total of 278,344K Shares Outstanding. Its annual sales at the moment are 34,233 M in contrast with the sum of 3,939 M annual income. Company’s last quarter sales were recorded 7,313 M and last quarter income was 719,330 K.
