Lennar Corp (LEN) is -7.44% away from 50-day simple Moving Average despite all headwinds

On Tuesday, Lennar Corp (NYSE: LEN) opened higher 0.70% from the last session, before settling in for the closing price of $117.93. Price fluctuations for LEN have ranged from $117.50 to $186.23 over the past 52 weeks.

A company in the Consumer Cyclical sector has jumped its sales by 10.23% annually for the last half of the decade. Company’s average yearly earnings per share was noted -10.71% at the time writing. With a float of $226.74 million, this company’s outstanding shares have now reached $236.17 million.

In an organization with 13265 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 20.87%, operating margin of 13.63%, and the pretax margin is 14.63%.

Lennar Corp (LEN) Insider and Institutional Ownership

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 14.30%, while institutional ownership is 84.87%. 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) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.59 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -10.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.82% during the next five years compared to 20.04% 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 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.88. Likewise, its price to free cash flow for the trailing twelve months is 12.69.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.35, a number that is poised to hit 1.75 in the next quarter and is forecasted to reach 14.90 in one year’s time.

Technical Analysis of Lennar Corp (LEN)

Let’s dig in a bit further. During the last 5-days, its volume was 2.52 million. That was inferior than the volume of 3.36 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.80%. Additionally, its Average True Range was 3.67.

During the past 100 days, Lennar Corp’s (LEN) raw stochastic average was set at 2.85%, which indicates a significant decrease from 20.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.56% in the past 14 days, which was lower than the 32.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $130.43, while its 200-day Moving Average is $159.65. However, in the short run, Lennar Corp’s stock first resistance to watch stands at $120.37. Second resistance stands at $121.99. The third major resistance level sits at $123.84. If the price goes on to break the first support level at $116.90, it is likely to go to the next support level at $115.05. The third support level lies at $113.43 if the price breaches the second support level.

Lennar Corp (NYSE: LEN) Key Stats

There are currently 265,521K shares outstanding in the company with a market cap of 31.26 billion. Presently, the company’s annual sales total 35,441 M according to its annual income of 3,933 M. Last quarter, the company’s sales amounted to 9,947 M and its income totaled 1,096 M.