After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that LENNAR BEGINS SALES AT STONEGATE PRESERVE, NEW AMENITY-RICH MASTER-PLANNED COMMUNITYIN PALMETTO, FLORIDA.
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Stocks Info
Lennar Corp. is listed on the NYSE in the Consumer Cyclical sector while operating in the Residential Construction industry. The current market capitalization of Lennar Corp. is $42.99B. A total of 1.22 million shares were traded on the day, compared to an average of 2.07M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, LEN has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 33 BUYs and 20 SELLs from insiders. Insiders purchased 1,168,699 shares during that period but sold 433,661.
In the most recent transaction, BESSETTE DIANE J sold 10,000 shares of LEN for 147.73 per share on Dec 26. After the transaction, the VP/CFO/Treasurer now owns 260,556 company shares. In a previous transaction on Dec 21, SUSTANA MARK sold 37,304 shares at 146.38 per share. LEN shares that VP/General Counsel/Secretary owns now total 18,694.
Among the insiders who sold shares, Collins David M disposed of 10,000 shares on Nov 14 at a per-share price of $130.00. This resulted in the VP & Controller holding 37,060 shares of LEN after the transaction. In another insider transaction, McCall Jeffrey Joseph sold 1,157 shares at $105.01 per share on Oct 23. Company shares held by the Executive Vice President now total 131,386.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Lennar Corp. pays an annual dividend of $1.62, resulting in a dividend yield of 1.05%, and it has a price to earnings (P/E) ratio of 11.20. LEN’s most recent ex-dividend date was 1/23/2024 when it declared a $0.50 quarterly dividend that was paid in cash on 2/7/2024. Previously, the company paid the dividend on 10/26/2023 with an ex-dividend date of 10/11/2023. The LEN stock dividend was $0.3750 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for LEN in the last 3 months, the mean price target is $163.53 with high estimates of $200.00 and low estimates of $122.00. In terms of 52-week highs and lows, LEN has a high of $158.36 and a low of $94.11.
As of this writing, LEN has an earnings estimate of $2.2 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $2.32 per share and a lower estimate of $2.15. The company reported an EPS of $3.87 in the last quarter, which was 10.30% higher than expectations of $3.51.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. LEN’s latest balance sheet shows that the firm has $2.96B in Cash & Short Term Investments as of fiscal 2021. There were $6.38B in debt and $1.32B in liabilities at the time. Its Book Value Per Share was $94.61, while its Total Shareholder’s Equity was $21.00B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LEN is Buy with a score of 3.95.
