Lennar (NYSE:LEN.B) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Friday, February 2nd.
Lennar (LEN.B) traded down $0.48 during midday trading on Friday, reaching $46.76. 134,520 shares of the company’s stock traded hands, compared to its average volume of 127,380. The company has a debt-to-equity ratio of 0.80, a current ratio of 8.42 and a quick ratio of 1.67. Lennar has a 1 year low of $36.11 and a 1 year high of $58.65. The company has a market capitalization of $11,220.76, a price-to-earnings ratio of 13.84 and a beta of 1.25.
Lennar (NYSE:LEN.B) last posted its quarterly earnings results on Wednesday, January 10th. The construction company reported $1.29 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.48 by ($0.19). Lennar had a return on equity of 12.00% and a net margin of 6.41%. The firm had revenue of $3.79 billion for the quarter. During the same quarter in the prior year, the business earned $1.34 earnings per share.
COPYRIGHT VIOLATION WARNING: This story was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this story on another website, it was copied illegally and republished in violation of US & international copyright law. The original version of this story can be read at https://ledgergazette.com/2018/02/11/valuengine-upgrades-lennar-len-b-to-buy.html.
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.
Receive News & Ratings for Lennar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennar and related companies with MarketBeat.com's FREE daily email newsletter.