Q2 2018 Earnings Forecast for Lennar Co. Issued By Wedbush (NYSE:LEN)

Tuesday, 17 Apr, 2018

The construction company reported $1.11 EPS for the quarter, topping analysts' consensus estimates of $0.76 by $0.35.

Past 5 years growth of LEN observed at 1.70%, and for the next five years the analysts that follow this company is expecting its growth at 25.42%. Finally, Mizuho set a $80.00 price objective on Lennar and gave the stock a "buy" rating in a research report on Sunday, April 8th. Given the importance of identifying companies that will ensure earnings per share at a high rate, we later obsession to umpire how to determine which companies will achieve high amassing standards.

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Ken Heebner decreased its stake in Lennar Corp (LEN) by 27.06% based on its latest 2017Q4 regulatory filing with the SEC. The stock of Lennar Corporation (NYSE:LEN) has "Positive" rating given on Wednesday, January 20 by Susquehanna. Analysts on average have given a price target of $77.68 to Lennar Corporation stock.

Share of Lennar Corporation (LEN) have caught the attention of the Wall Street community. The stock has shown a ninety days performance of -28.34% and a six months performance stands at 1.43%. The company presently has a consensus rating of "Buy" and an average price target of $71.40.

Shares of Lennar stock opened at $56.94 on Thursday. Lennar has a 52 week low of $49.34 and a 52 week high of $72.17. A stock with a beta less than 1 is considered less volatile than the market; more than 1 means more volatile. The company has a debt-to-equity ratio of 0.79, a current ratio of 16.40 and a quick ratio of 0.84.

Shifting the focus to some earnings data, we have noted that the current quarter EPS consensus estimate for Lennar Corporation (NYSE:LEN) is 0.44. The hedge fund run by Ken Heebner held 795,000 shares of the homebuilding company at the end of 2017Q4, valued at $50.28M, down from 1.09 million at the end of the previous reported quarter. Lennar had a net margin of 6.84% and a return on equity of 11.65%. During the same quarter past year, the business posted $0.59 EPS. During the same period previous year, the firm posted $0.59 EPS. Asset Management One Co. Cubic Asset Mngmt Ltd Liability has 0.13% invested in Lennar Corporation (NYSE:LEN).

Investors may be tracking certain levels on shares of Lennar Corp (LEN). Cambridge Investment Research Advisors Inc. raised its holdings in Lennar by 1.8% during the 4th quarter. The stock's price to sales ratio for trailing twelve months is 1.36 and price to book ratio for the most recent quarter is 1.11, whereas price to cash per share for the most recent quarter are 17.52. First Personal Financial Services acquired a new position in shares of Lennar in the 4th quarter valued at about $140,000. Capital Growth Management Lp sold 295,000 shares as the company's stock declined 8.33% with the market. Finally, FDx Advisors Inc. grew its position in Lennar by 7.6% during the fourth quarter. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally. The P/E ratio calculates how expensive a stock price is relative to the earnings produced per share. Outstanding shares refer to a company's stock now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. ValuEngine cut Lennar from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, February 28th. This figure is launch by taking the postscript price and multiplying it by the total number of shares outstanding. Following the completion of the transaction, the vice president now owns 222,396 shares in the company, valued at $15,456,522. The disclosure for this sale can be found here. To ascertain 10-Months Price Index, simply dividing current price of the stock by the 10-Months back price.

Multiple company employees have indulged in significant insider trading.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 9th. As per Tuesday, April 10, the company rating was maintained by Deutsche Bank. This represents a $0.16 dividend on an annualized basis and a yield of 0.28%.