Lennar Corporation (NYSE:LEN) Valuation According To Analysts

Lennar Corporation (NYSE:LEN) Valuation According To Analysts”

BTIG Research started coverage on shares of Lennar Corporation (NYSE:LEN) in a research report sent to investors on Tuesday. Argent Tru reported 0.1% in Lennar Corporation (NYSE:LEN). Lennar has $6400 highest and $45 lowest target. After $0.91 actual EPS reported by Lennar Corporation for the previous quarter, Wall Street now forecasts 12.09% EPS growth.

"Although we believe the storm damage to be mild, we are in the early stages of assessment and will provide more information on our third quarter earnings call which we are tentatively scheduling for October 3rd, 2017". Equities analysts anticipate that Lennar Corporation will post $3.82 earnings per share for the current year.

Lennar Corporation (NYSE:LEN) last issued its quarterly earnings data on Tuesday, June 20th. Investors of record on Friday, January 27th were issued a dividend of $0.04 per share. 186.24 million shares or 3.31% more from 180.27 million shares in 2016Q3 were reported. The company's revenue for the quarter was up 14.6% on a year-over-year basis. They expect $1.02 EPS, up 0.99% or $0.01 from last year's $1.01 per share. The firm issued a buy rating and a $56.00 target price on the stock. Sg Americas Limited Liability has invested 0.01% in Lennar Corporation (NYSE:LEN). Argus reissued a buy rating and set a $55.00 price target on shares of Lennar Corporation in a report on Friday, October 21st.

In a statement issued on Wednesday June 21, 2017 RBC Capital Markets upped the price target of Lennar Corporation (NYSE:LEN) from $60.00 to $61.00 indicating a possible upside of 0.14%. On Tuesday, March 22 the stock rating was initiated by Evercore with "Buy". They now have a Dollars 53 price target on the stock. They now have a Dollars 60 price target on the stock. Sumitomo Mitsui Trust Holdings Inc. now owns 583,705 shares of the company's stock valued at $26,909,000 after buying an additional 3,253 shares during the period. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Hedge funds and other institutional investors own 79.04% of the company's stock.

More recent Infosys Ltd ADR (NYSE:INFY) news were published by: which released: "Infosys Ltd ADR (INFY) Stock Sinks on Surprise CEO Resignation" on August 18, 2017. The stock declined 0.35% or $0.18 reaching $51.03 per share. It also increased its holding in Alphabet Inc Cl A by 1,013 shares in the quarter, for a total of 12,502 shares, and has risen its stake in Vanguard Us Total Equity Marke (VTI). Pacer Advisors Inc. now owns 4,038 shares of the construction company's stock worth $207,000 after acquiring an additional 859 shares during the last quarter. The I-G Investment Management Ltd holds 29,700 shares with $1.28M value, down from 219,471 last quarter. QS Investors LLC now owns 2,541 shares of the construction company's stock valued at $135,000 after buying an additional 25 shares in the last quarter. Lennar Corp now has $11.75B valuation. MUFG Americas Holdings Corp now owns 3,030 shares of the construction company's stock valued at $155,000 after buying an additional 248 shares in the last quarter. Davidson And Garrard has invested 0.06% in Lennar Corporation (NYSE:LEN). If you are accessing this story on another site, it was illegally stolen and reposted in violation of global copyright legislation. JP Morgan reinitiated Lennar Corporation (NYSE:LEN) on Monday, March 14 with "Neutral" rating. Lennar Corporation has a 52-week low of 39.68 and a 52-week high of 55.75. The stock's 50 day moving average price is $53.24 and its 200 day moving average price is $51.51. "Our company is well positioned with a strong land portfolio in these markets to fulfill the shortage of housing that has been exacerbated by these storms".

The company noted that two back-to-back major hurricanes affected Lennar's communities in Texas, Florida, Georgia and SC, which markets in total represent approximately 40% of the company's annual homebuilding revenues. Its segments include Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto and Lennar Multifamily.

Like this



15 September 2017
Needle Action Activity Spotted in Keck Seng Investments Hong Kong Ltd
With the stock market trading at current levels, investors may be tossing around ideas about how to trade the next few quarters. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend.

15 September 2017
Seluk insists Yaya Toure was fit for Man City
He added: "Is he going to play soon?" He knows the reason why. "That totally depends on him". The matter raises fresh questions over the 34-year-old's future.

15 September 2017
Financial Watchlist of Transocean Ltd. (NYSE:RIG)
August 16 investment analysts at Jefferies maintained a stock rating of "Hold" but raised the price target from $8.00 to $9.00. Transocean Ltd. (RIG ) has been given an average price target of $10.81 from analysts, according to data collected by Finviz.

15 September 2017
Lachlan Murdoch makes fresh bid for Australia's Ten Network
It was placed in voluntary administration in June after Illyria and Gordon's Birketu refused to continue guaranteeing a key loan. The "reach rule", preventing a single TV broadcaster from reaching more than 75% of the population, would be repealed.

15 September 2017
F1 Singapore Grand Prix extended for another four years to 2021
Over the past 10 years, the night races have brought in over 350,000 overseas tourists and visitors for the event alone. One of Singapore's yearly high-key events will live to see another year - or four, to be exact.

15 September 2017
John Legend And Chrissy Teigen's Marriage Is On The Rocks
Today marks the fourth wedding anniversary of our favorite unicorn couple, Chrissy Teigen and John Legend . The "insider" claimed, "they have been in marriage counseling for the last six months".

15 September 2017
Merkel suggests Iranian-style nuclear deal for North Korea
German chancellor calls on UN Security Council to adopt diplomatic solution modeled on 2015 Iran crisis. The U.S. plans to seek a strong resolution Monday from the U.N.

15 September 2017
India, Pak Trade Fire In Jammu Sector, BSF Soldier Killed
This happens to be the sixth ceasefire violation by Pakistan in a span of five days. Beh and Shahnaz forward posts", a police officer said.

15 September 2017
City can not get carried away by Feyenoord win, says Guardiola
Pep Guardiola's side looked fantastic on Saturday as they smashed Liverpool 5-0 and will hope to keep up that fine form as they travel to the Netherlands.

15 September 2017
Arunachal is all set for 'Swachhta Hi Seva' campaign
Swachh Bharat Mission ambassadors, corporates and other voluntary organisations will also participate in the activities.