$0.44 EPS Expected for Lennar Corporation (LEN) on June, 19

May 17, 2018 - By Patrick Harkless

Lennar Corporation (NYSE:LEN) Corporate Logo
Big Money Sentiment increased to 1.25 in Q4 2017. It has change of 0.33, from 2017Q3’s 0.92. The ratio is positive due to Lennar Corporation positioning: 41 sold and 139 reduced. 85 funds took positions and 140 increased positions. Investors holded 187.83 million in 2017Q3 but now own 207.37 million shares or 10.41% more.
Deutsche Savings Bank Ag invested 0.04% in Lennar Corporation (NYSE:LEN). Gator Mngmt Limited Liability holds 14,100 shs. Barclays Public Ltd Company reported 292,397 shs. Panagora Asset Mngmt owns 12,514 shs. 5,748 were accumulated by Mcf Ltd Liability. Waterfront Cap Prtn Ltd Liability invested 2.1% in Lennar Corporation (NYSE:LEN). Sumitomo Mitsui Hldg owns 582,547 shs. American Assets Investment Mngmt Ltd Liability Corp invested 0.58% in Lennar Corporation (NYSE:LEN). Ellington Management Gru Ltd Limited Liability Company holds 0.04% or 3,600 shs. Wesbanco Retail Bank, a West Virginia-based fund reported 76,246 shs. Highlander Management Lc owns 270 shs. 5,431 were reported by Kentucky Retirement Sys Ins Fund. Sandler Mngmt has invested 0.62% of its capital in Lennar Corporation (NYSE:LEN). Public Sector Pension Board has 22,571 shs for 0.01% of their capital. Trexquant Ltd Partnership holds 5,603 shs.

Lennar Corporation registered $19.70 million net activity with 0 insider purchases and 15 sales since January 2, 2018. On Friday, April 6 $156,884 worth of Lennar Corporation (NYSE:LEN) was sold by OLIVERA ARMANDO J. On Friday, January 12 Shares for $8.69M were sold by SUSTANA MARK. On Wednesday, May 9 McCall Jeffrey Joseph sold $2.74M worth of Lennar Corporation (NYSE:LEN) or 50,888 shs. 2,089 Lennar Corporation (NYSE:LEN) shs with value of $131,565 were sold by BOLOTIN IRVING. Another trade for 20,000 shs valued at $1.28 million was sold by JAFFE JONATHAN M. BESSETTE DIANE J had sold 10,000 shs worth $695,000.

Earnings report for Lennar Corporation (NYSE:LEN) is awaited on June, 19., according to RTT. earnings per share of $0.44 is 51.65 % down from 2017’s $0.91 EPS. If reported the P/E will be 28.96 with $141.68M profit. Last quarter $1.11 earnings per share was reported. Analysts predicts -60.36 % negative EPS growth this quarter. LEN touched $50.97 during the last trading session after $0.24 change.Lennar Corporation has 6.15 million shares volume, 38.27% up from normal. LEN is uptrending and has moved 17.08% since May 17, 2017. The stock outperformed the S&P 500 by 5.53%.

Lennar Corporation (NYSE:LEN) Ratings Coverage

In total 14 analysts cover Lennar Corp (NYSE:LEN). “Buy” rating has 12, “Sell” are 0, while 2 are “Hold”. 86% are bullish. 19 are the (NYSE:LEN)’s analyst reports since December 21, 2017 according to StockzIntelligence Inc. On Thursday, December 21 the firm has “Buy” rating given by Keefe Bruyette & Woods. On Tuesday, January 2 the rating was upgraded by Wells Fargo to “Outperform”. In Monday, January 22 report Credit Suisse upgraded the stock to “Buy” rating. On Friday, February 23 the stock of Lennar Corporation (NYSE:LEN) has “Outperform” rating given by Evercore. On Thursday, March 1 Argus Research maintained Lennar Corporation (NYSE:LEN) with “Buy” rating. On Friday, December 29 the firm has “Neutral” rating by Wedbush given. On Tuesday, February 13 the stock of Lennar Corporation (NYSE:LEN) earned “Overweight” rating by JP Morgan. In Thursday, April 5 report Credit Suisse maintained the stock with “Outperform” rating. On Wednesday, January 17 UBS maintained Lennar Corporation (NYSE:LEN) with “Buy” rating. On Wednesday, January 10 the firm has “Buy” rating by Keefe Bruyette & Woods given.

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States.The company has $16.41 billion market cap. The firm operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily divisions.The P/E ratio is 13.7. 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.

There’s an important Lennar Corporation (NYSE:LEN) news released by Streetinsider.com. It’s 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 Investors 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.