Economy

Stock Price Analysis of Lennar Corporation (LEN)

It dived, as 36 investors sold Lennar Corporation shares while 139 reduced holdings.

The company is expected to report earnings of $1.01 a share for the next quarter.

Koshinski Asset Management reported 0% stake.

Lennar Corporation shares increased 8.15 percent over the past week and rose 6.94 percent over the previous month. Koshinski Asset Mgmt owns 4,311 shares or 0% of their United States portfolio. Also included in the list of buyers for the last 3 months Steven L Gerard who executed a direct buy for 313 shares on August 31, 2017.Director Donna E Shalala bought 313 shares on August 31, 2017, bringing his total number of shares held to 6613. Mutual Of America Management Limited Liability Corp reported 24,539 shares stake. Synovus Corporation has invested 0.03% in Lennar Corporation (NYSE:LEN). Daiwa Securities Group Inc. boosted its stake in Lennar Corporation by 9.7% during the 2nd quarter. Quantbot Technologies Ltd Partnership invested 0.09% in Lennar Corporation (NYSE:LEN). Atria Invests Limited, North Carolina-based fund reported 19,995 shares.

Shares of Lennar Corporation (LEN) traded up 1.92% during mid-day trading on Wednesday, reaching $56.41. When we look at the Volatility of the company, Week Volatility is at 2.33% whereas Month Volatility is at 2.16%. Next quarter's EPS is estimated at $0.77 and the next full year EPS is anticipated to be $4.83.

Lennar Corporation was covered by a number of analysts recently, 6 rated the stock as Buy, 13 rated Hold, 0 rated sell and 0 gave an Underperform. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. The company had a trading volume of 2,242,227 shares.

Lennar Corporation (NYSE:LEN) last issued its earnings results on Tuesday, October 3rd. It has outperformed by 3.21% the S&P500. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. Therefore 55% are positive. Lennar has $65 highest and $45 lowest target. The stock has "Buy" rating by Wunderlich on Wednesday, September 28. The firm has "Buy" rating by Cantor Fitzgerald given on Tuesday, November 29. The company was initiated on Wednesday, February 15 by Seaport Global Securities. MKM Partners reaffirmed a "neutral" rating and issued a $58.00 price target (up from $55.00) on shares of Lennar Corporation in a research note on Friday, June 23rd. As per Wednesday, September 21, the company rating was maintained by RBC Capital Markets. The stock of Lennar Corporation (NYSE:LEN) has "In-Line" rating given on Wednesday, June 21 by Evercore. UBS initiated Hub Group Inc (NASDAQ:HUBG) on Friday, October 9 with "Buy" rating.

Relative strength index (RSI-14) for Lennar Corporation (LEN) is at 70.81. (LEN) Tops Q3 EPS by 6c" on October 03, 2017, also Reuters.com with their article: "Lennar upbeat on housing market after storms, shares up" published on October 03, 2017, Seekingalpha.com published: "Lennar: "Riding The Storm Out" on September 07, 2017. Lennar Corporation (NYSE:LEN) has risen 19.91% since October 4, 2016 and is uptrending.

Lennar Corporation, launched on September 6, 1991, is a provider of real estate related financial services, commercial real estate, investment management and finance company.

The company now has a P/E ratio of 16.43 and the market cap is 13.18B. The Company's principal business activities include designing, developing, sourcing and marketing of cardio and strength fitness products and related accessories for consumer use, primarily in the United States and Canada, but also in global markets outside North America. The P/E Ratio for LEN is 16.18. The Business's segments include Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto and Lennar Multifamily.

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