On Monday, Lennar Corp. (NYSE: LEN) opened lower -1.07% from the last session, before settling in for the closing price of $169.76. Price fluctuations for LEN have ranged from $102.90 to $182.53 over the past 52 weeks.
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
Consumer Cyclical Sector giant saw their annual sales surged by 11.17% over the last five years. Company’s average yearly earnings per share was noted 4.52% at the time writing. With a float of $235.89 million, this company’s outstanding shares have now reached $247.27 million.
The firm has a total of 12284 workers. Let’s measure their productivity.
Lennar Corp. (LEN) Insider Activity
A key investor’s attitude towards the stock of the Residential Construction industry is another important factor to consider. The insider ownership of Lennar Corp. is 14.10%, while institutional ownership is 84.74%. The most recent insider transaction that took place on May 20 ’24, was worth 1,512,939. In this transaction VP/General Counsel/Secretary of this company sold 9,176 shares at a rate of $164.88, taking the stock ownership to the 16,768 shares. Before that another transaction happened on May 15 ’24, when Company’s Executive Vice President sold 10,000 for $170.11, making the entire transaction worth $1,701,100. This insider now owns 118,629 shares in total.
Lennar Corp. (LEN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 4.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.60% during the next five years compared to 20.35% growth over the previous five years of trading.
Lennar Corp. (NYSE: LEN) Trading Performance Indicators
Check out the current performance indicators for Lennar Corp. (LEN). In the past quarter, the stock posted a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.29. Likewise, its price to free cash flow for the trailing twelve months is 11.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.71, a number that is poised to hit 3.64 in the next quarter and is forecasted to reach 16.13 in one year’s time.
Technical Analysis of Lennar Corp. (LEN)
Analysing the last 5-days average volume posted by the [Lennar Corp., LEN], we can find that recorded value of 1.83 million was lower than the volume posted last year of 2.15 million. As of the previous 9 days, the stock’s Stochastic %D was 31.99%. Additionally, its Average True Range was 5.64.
During the past 100 days, Lennar Corp.’s (LEN) raw stochastic average was set at 65.16%, which indicates a significant increase from 26.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.96% in the past 14 days, which was lower than the 32.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $159.95, while its 200-day Moving Average is $151.43. Now, the first resistance to watch is $169.72. This is followed by the second major resistance level at $171.51. The third major resistance level sits at $172.82. If the price goes on to break the first support level at $166.62, it is likely to go to the next support level at $165.31. Should the price break the second support level, the third support level stands at $163.52.
Lennar Corp. (NYSE: LEN) Key Stats
There are currently 274,604K shares outstanding in the company with a market cap of 46.12 billion. Presently, the company’s annual sales total 34,233 M according to its annual income of 3,939 M. Last quarter, the company’s sales amounted to 8,766 M and its income totaled 954,310 K.
