Lennar (LEN.B) Upgraded to “Buy” by ValuEngine

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.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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