Lennar Corp (NYSE: LEN) on Friday, plunged -0.69% from the previous trading day, before settling in for the closing price of $155.47. Within the past 52 weeks, LEN’s price has moved between $139.68 and $193.80.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 11.92%. The company achieved an average annual earnings per share of 5.01%. With a float of $233.04 million, this company’s outstanding shares have now reached $238.81 million.
The extent of productivity of a business whose workforce counts for 12284 workers is very important to gauge. 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 Updates
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 82.17%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.01% 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 1.13. Likewise, its price to free cash flow for the trailing twelve months is 10.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.10, a number that is poised to hit 4.18 in the next quarter and is forecasted to reach 15.82 in one year’s time.
Technical Analysis of Lennar Corp (LEN)
The latest stats from [Lennar Corp, LEN] show that its last 5-days average volume of 2.53 million was superior to 2.05 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 4.06%. Additionally, its Average True Range was 4.41.
During the past 100 days, Lennar Corp’s (LEN) raw stochastic average was set at 4.99%, which indicates a significant decrease from 7.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.49% in the past 14 days, which was higher than the 29.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $172.61, while its 200-day Moving Average is $167.16. Now, the first resistance to watch is $155.58. This is followed by the second major resistance level at $156.77. The third major resistance level sits at $158.40. If the price goes on to break the first support level at $152.76, it is likely to go to the next support level at $151.13. Assuming the price breaks the second support level, the third support level stands at $149.94.
Lennar Corp (NYSE: LEN) Key Stats
Market capitalization of the company is 41.37 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.
