Lennar Corp (NYSE: LEN) is 13.93% higher on its value in year-to-date trading and has touched a low of $125.17 and a high of $193.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LEN stock was last observed hovering at around $166.33 in the last trading session, with the day’s gains setting it 3.47%.
Currently trading at $169.80, the stock is -1.78% and -5.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.32 million and changing 2.09% at the moment leaves the stock 2.44% off its SMA200. LEN registered 32.39% gain for a year compared to 6-month gain of 2.78%. The firm has a 50-day simple moving average (SMA 50) of $179.5454 and a 200-day simple moving average (SMA200) of $165.7559.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -9.88% loss in the last 1 month and extending the period to 3 months gives it a -1.14%, and is -0.94% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.22% over the week and 2.66% over the month.
Lennar Corp (LEN) has around 12284 employees, a market worth around $45.77B and $36.49B in sales. Current P/E ratio is 11.25 and Fwd P/E is 10.62. Profit margin for the company is 11.38%. Distance from 52-week low is 35.66% and -12.38% from its 52-week high. The company has generated returns on investments over the last 12 months (13.22%).
The EPS is expected to grow by 5.03% this year
1418.0 institutions hold shares in Lennar Corp (LEN), with institutional investors hold 99.18% of the company’s shares. The shares outstanding are 247.27M, and float is at 233.11M with Short Float at 2.69%. Institutions hold 96.62% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 26.7 million shares valued at $4.0 billion. The investor’s holdings represent 9.7551 of the LEN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 24.35 million shares valued at $3.65 billion to account for 8.896 of the shares outstanding. The other top investors are FMR LLC which holds 11.42 million shares representing 4.1711 and valued at over $1.71 billion, while STATE STREET CORP holds 4.0988 of the shares totaling 11.22 million with a market value of $1.68 billion.
Lennar Corp (LEN) Insider Activity
The most recent transaction is an insider sale by SONNENFELD JEFFREY, the company’s Director. SEC filings show that SONNENFELD JEFFREY sold 17,500 shares of the company’s common stock on Oct 28 ’24 at a price of $175.13 per share for a total of $3.06 million. Following the sale, the insider now owns 23689.0 shares.
Still, SEC filings show that on Aug 23 ’24, Jeffrey J. McCall (Officer) Proposed Sale 10,000 shares at an average price of $180.97 for $1.81 million. The insider now directly holds shares of Lennar Corp (LEN).
