Analysts See $1.27 EPS for Lennar Corporation (LEN)

September 16, 2018 - By Darrel Chase

Lennar Corporation (NYSE:LEN) LogoInvestors sentiment decreased to 1.36 in Q2 2018. Its down 0.73, from 2.09 in 2018Q1. It fall, as 48 investors sold Lennar Corporation shares while 141 reduced holdings. 72 funds opened positions while 185 raised stakes. 276.77 million shares or 0.74% more from 274.75 million shares in 2018Q1 were reported.
Hanson Mcclain holds 0% or 300 shares. Daiwa Secs Grp invested in 0% or 9,582 shares. Alliancebernstein L P has invested 0.14% in Lennar Corporation (NYSE:LEN). Ubs Asset Mngmt Americas owns 937,742 shares for 0% of their portfolio. Sadoff Management Ltd Liability Corporation has 1.02 million shares for 4.64% of their portfolio. Thompson Siegel Walmsley Limited Liability Corporation invested in 276 shares. Toronto Dominion Commercial Bank reported 229,002 shares. Psagot House stated it has 0.79% of its portfolio in Lennar Corporation (NYSE:LEN). Family Corporation has invested 1.52% in Lennar Corporation (NYSE:LEN). Raymond James And Associate reported 0.01% stake. Lord Abbett & Limited Co stated it has 1.35M shares. Retirement Of Alabama accumulated 128,262 shares. D E Shaw & Com holds 0% or 45,624 shares in its portfolio. Tru Com Of Vermont holds 173 shares. Norinchukin Bank The reported 30,999 shares or 0.02% of all its holdings.

Since April 2, 2018, it had 0 insider purchases, and 10 selling transactions for $8.41 million activity. Another trade for 2,500 shares valued at $157,450 was sold by HUDSON SHERRILL W. $1.04M worth of stock was sold by JAFFE JONATHAN M on Monday, July 2. Gilliam Theron I sold 2,089 shares worth $131,565. $131,565 worth of Lennar Corporation (NYSE:LEN) was sold by BOLOTIN IRVING on Friday, April 6. OLIVERA ARMANDO J had sold 2,500 shares worth $156,884 on Friday, April 6. $157,450 worth of Lennar Corporation (NYSE:LEN) was sold by GERARD STEVEN L on Friday, April 6.

Analysts expect Lennar Corporation (NYSE:LEN) to report $1.27 EPS on October, 2.They anticipate $0.21 EPS change or 19.81 % from last quarter’s $1.06 EPS. LEN’s profit would be $409.41 million giving it 10.34 P/E if the $1.27 EPS is correct. After having $1.58 EPS previously, Lennar Corporation’s analysts see -19.62 % EPS growth. The stock increased 0.34% or $0.18 during the last trading session, reaching $52.53. About 2.70M shares traded. Lennar Corporation (NYSE:LEN) has risen 1.85% since September 16, 2017 and is uptrending. It has underperformed by 13.77% the S&P500.

Lennar Corporation (NYSE:LEN) Ratings Coverage

Among 8 analysts covering Lennar Corp (NYSE:LEN), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Lennar Corp had 10 analyst reports since March 21, 2018 according to SRatingsIntel. The stock has “Hold” rating by Deutsche Bank on Tuesday, April 10. The firm has “Overweight” rating by Barclays Capital given on Wednesday, June 27. The firm has “Buy” rating given on Wednesday, March 21 by Keefe Bruyette & Woods. The firm has “Buy” rating by Citigroup given on Tuesday, June 19. Citigroup maintained the shares of LEN in report on Thursday, April 5 with “Buy” rating. Wedbush maintained it with “Neutral” rating and $56 target in Wednesday, June 27 report. Maxim Group maintained Lennar Corporation (NYSE:LEN) on Wednesday, May 23 with “Buy” rating. The stock of Lennar Corporation (NYSE:LEN) has “Buy” rating given on Wednesday, June 27 by Bank of America. The stock of Lennar Corporation (NYSE:LEN) has “Outperform” rating given on Thursday, April 5 by Credit Suisse. The stock of Lennar Corporation (NYSE:LEN) earned “Overweight” rating by Barclays Capital on Friday, September 14.

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. The company has market cap of $16.93 billion. The firm operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily divisions. It has a 13.94 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 Bizjournals.com which published an article titled: “List Extra: Where Denver-area homebuilders are predicting the most expansion through 2018” on September 14, 2018.

Lennar Corporation (NYSE:LEN) Institutional Positions Chart

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