Lennar Corp (LEN) is gearing up for another turning point as it hit the volume of 0.83 million

Lennar Corp (NYSE: LEN) on Friday, soared 0.17% from the previous trading day, before settling in for the closing price of $174.10. Within the past 52 weeks, LEN’s price has moved between $125.17 and $193.80.

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Consumer Cyclical Sector giant saw their annual sales surged by 11.17% over the last five years. The company achieved an average annual earnings per share of 5.03%. With a float of $233.04 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 14.62%, and the pretax margin is 15.12%.

Lennar Corp (LEN) Insider Activity

Observing investor behavior towards Residential Construction industry stocks is more important than anything else. The insider ownership of Lennar Corp is 14.09%, while institutional ownership is 82.18%. The most recent insider transaction that took place on Oct 28 ’24, was worth 3,064,775. In this transaction Director of this company sold 17,500 shares at a rate of $175.13, taking the stock ownership to the 23,689 shares. Before that another transaction happened on Oct 28 ’24, when Company’s Director proposed sale 17,500 for $175.13, making the entire transaction worth $3,064,784.

Lennar Corp (LEN) Earnings and Forecasts

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

Lennar Corp (LEN) is currently performing well based on its current performance indicators. A quick ratio of 1.15 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 1.29. Likewise, its price to free cash flow for the trailing twelve months is 11.46.

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 15.98 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 2.04 million. As of the previous 9 days, the stock’s Stochastic %D was 57.11%. Additionally, its Average True Range was 4.52.

During the past 100 days, Lennar Corp’s (LEN) raw stochastic average was set at 56.17%, which indicates a significant decrease from 59.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.20% in the past 14 days, which was higher than the 32.01% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $176.92, while its 200-day Moving Average is $166.64. Now, the first resistance to watch is $176.30. This is followed by the second major resistance level at $178.21. The third major resistance level sits at $179.27. If the price goes on to break the first support level at $173.33, it is likely to go to the next support level at $172.27. Should the price break the second support level, the third support level stands at $170.36.

Lennar Corp (NYSE: LEN) Key Stats

Market capitalization of the company is 47.07 billion based on 271,245K outstanding shares. Right now, sales total 34,233 M and income totals 3,939 M. The company made 9,416 M in profit during its latest quarter, and 1,163 M in sales during its previous quarter.