Lennar Corporation (LEN) Analysts See $0.44 EPS

May 17, 2018 - By Dane Moore

Lennar Corporation (NYSE:LEN) LogoInvestors sentiment increased to 1.25 in Q4 2017. Its up 0.33, from 0.92 in 2017Q3. It is positive, as 41 investors sold Lennar Corporation shares while 139 reduced holdings. 85 funds opened positions while 140 raised stakes. 207.37 million shares or 10.41% more from 187.83 million shares in 2017Q3 were reported.
Canada Pension Plan Inv Board accumulated 0.01% or 89,800 shares. California Employees Retirement Systems, a California-based fund reported 453,363 shares. Seabridge Invest Advisors Limited Co has 0.01% invested in Lennar Corporation (NYSE:LEN) for 994 shares. Bamco has invested 0.11% in Lennar Corporation (NYSE:LEN). Perella Weinberg Prtnrs Capital Management L P invested in 0.56% or 93,282 shares. Korea Investment Corp reported 51,509 shares. Td Asset Mngmt has 66,150 shares for 0.01% of their portfolio. Goldman Sachs Grp Inc invested 0.05% in Lennar Corporation (NYSE:LEN). Highstreet Asset Mgmt Inc owns 2,800 shares for 0.01% of their portfolio. Schwab Charles Invest Mgmt stated it has 0.04% of its portfolio in Lennar Corporation (NYSE:LEN). Alpine Woods Investors Ltd has invested 1.56% in Lennar Corporation (NYSE:LEN). Brown Advisory holds 7,239 shares. Fishman Jay A Mi holds 1.69% or 141,825 shares in its portfolio. Affinity Invest Advsrs Limited Liability Co holds 1.67% or 232,753 shares. Moreover, Guggenheim Capital Lc has 0.1% invested in Lennar Corporation (NYSE:LEN) for 673,849 shares.

Since January 2, 2018, it had 0 insider purchases, and 15 insider sales for $19.70 million activity. 2,500 Lennar Corporation (NYSE:LEN) shares with value of $156,884 were sold by OLIVERA ARMANDO J. GERARD STEVEN L sold $157,450 worth of Lennar Corporation (NYSE:LEN) on Friday, April 6. The insider McCall Jeffrey Joseph sold 50,888 shares worth $2.74 million. 2,500 shares were sold by HUDSON SHERRILL W, worth $157,450. 21,500 Lennar Corporation (NYSE:LEN) shares with value of $1.55 million were sold by GROSS BRUCE E. 20,000 shares were sold by JAFFE JONATHAN M, worth $1.28 million on Tuesday, January 2.

Analysts expect Lennar Corporation (NYSE:LEN) to report $0.44 EPS on June, 19.They anticipate $0.47 EPS change or 51.65 % from last quarter’s $0.91 EPS. LEN’s profit would be $141.68M giving it 28.96 P/E if the $0.44 EPS is correct. After having $1.11 EPS previously, Lennar Corporation’s analysts see -60.36 % EPS growth. The stock decreased 0.47% or $0.24 during the last trading session, reaching $50.97. About 6.15M shares traded or 38.39% up from the average. Lennar Corporation (NYSE:LEN) has risen 17.08% since May 17, 2017 and is uptrending. It has outperformed by 5.53% the S&P500.

Lennar Corporation (NYSE:LEN) Ratings Coverage

Among 14 analysts covering Lennar Corp (NYSE:LEN), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. Lennar Corp had 19 analyst reports since December 21, 2017 according to SRatingsIntel. On Tuesday, February 13 the stock rating was upgraded by JP Morgan to “Overweight”. As per Thursday, April 5, the company rating was maintained by Citigroup. The stock of Lennar Corporation (NYSE:LEN) earned “Outperform” rating by Evercore on Friday, February 23. Argus Research maintained Lennar Corporation (NYSE:LEN) on Thursday, March 1 with “Buy” rating. Wedbush maintained the stock with “Neutral” rating in Friday, December 29 report. On Thursday, April 5 the stock rating was maintained by Credit Suisse with “Outperform”. The stock of Lennar Corporation (NYSE:LEN) earned “Hold” rating by Credit Suisse on Thursday, January 11. Mizuho upgraded the shares of LEN in report on Thursday, January 18 to “Buy” rating. The rating was upgraded by Barclays Capital on Wednesday, February 7 to “Buy”. The stock has “Hold” rating by Deutsche Bank on Tuesday, April 10.

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. The company has market cap of $16.41 billion. The firm operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily divisions. It has a 13.7 P/E ratio. The Company’s homebuilding activities primarily include the construction and sale of single-family attached and detached homes to first-time, move-up, and active adult homebuyers, as well as the purchase, development, and sale of residential land.

Another recent and important Lennar Corporation (NYSE:LEN) news was published by Streetinsider.com which published an article titled: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” on May 15, 2018.

Lennar Corporation (NYSE:LEN) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.