On Monday, Lennar Corp. (NYSE: LEN) opened lower -4.39% from the last session, before settling in for the closing price of $188.93. Price fluctuations for LEN have ranged from $102.90 to $193.80 over the past 52 weeks.
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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 5.03% at the time writing. With a float of $233.09 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. In terms of profitability, gross margin is 44.08%, operating margin of 14.69%, and the pretax margin is 15.12%.
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 14.07%, while institutional ownership is 84.18%. The most recent insider transaction that took place on Aug 23 ’24, was worth 1,809,700. Before that another transaction happened on May 20 ’24, when Company’s VP/General Counsel/Secretary sold 9,176 for $164.88, making the entire transaction worth $1,512,939. This insider now owns 16,768 shares in total.
Lennar Corp. (LEN) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 8/31/2024, the company posted 4.82 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 4.59) by 0.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.56 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% 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 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.34. Likewise, its price to free cash flow for the trailing twelve months is 11.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.10, a number that is poised to hit 4.23 in the next quarter and is forecasted to reach 16.01 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 1.47 million was lower than the volume posted last year of 2.05 million. As of the previous 9 days, the stock’s Stochastic %D was 62.15%. Additionally, its Average True Range was 4.57.
During the past 100 days, Lennar Corp.’s (LEN) raw stochastic average was set at 75.22%, which indicates a significant increase from 25.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.02% in the past 14 days, which was lower than the 29.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $181.51, while its 200-day Moving Average is $163.83. Now, the first resistance to watch is $185.72. This is followed by the second major resistance level at $190.80. The third major resistance level sits at $193.53. If the price goes on to break the first support level at $177.91, it is likely to go to the next support level at $175.18. Should the price break the second support level, the third support level stands at $170.10.
Lennar Corp. (NYSE: LEN) Key Stats
There are currently 274,604K shares outstanding in the company with a market cap of 49.00 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 9,416 M and its income totaled 1,163 M.
