Lennar (NYSE:LEN.B) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Friday, February 2nd.
Shares of Lennar (LEN.B) traded up $0.17 during mid-day trading on Friday, reaching $46.93. The company’s stock had a trading volume of 3,798 shares, compared to its average volume of 131,398. The company has a quick ratio of 1.67, a current ratio of 8.42 and a debt-to-equity ratio of 0.80. The stock has a market cap of $11,220.77, a price-to-earnings ratio of 12.31 and a beta of 1.25. Lennar has a 12 month low of $36.83 and a 12 month high of $58.65.
Lennar (NYSE:LEN.B) last issued its earnings results on Wednesday, January 10th. The construction company reported $1.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.19). Lennar had a return on equity of 12.22% and a net margin of 6.41%. The company had revenue of $3.79 billion during the quarter. During the same period in the previous year, the business earned $1.34 earnings per share.
Lennar Company Profile
Lennar Corporation is a provider of real estate related financial services, commercial real estate, investment management and finance company. The Company is a homebuilder that operates in various states. Its segments include Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto and Lennar Multifamily.
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