$0.82 EPS Expected for Lennar Corporation (LEN)

March 14, 2018 - By Clifton Ray

 $0.82 EPS Expected for Lennar Corporation (LEN)
Investors sentiment decreased to 0.92 in 2017 Q3. Its down 0.28, from 1.2 in 2017Q2. It turned negative, as 44 investors sold Lennar Corporation shares while 148 reduced holdings. 45 funds opened positions while 132 raised stakes. 187.83 million shares or 0.17% more from 187.51 million shares in 2017Q2 were reported.
Ledyard Financial Bank invested in 400 shares. Mai Cap Mngmt reported 0.02% stake. Hightower Advsr Limited Co holds 0.04% or 78,951 shares in its portfolio. Foundation Asset Mngmt Lp, a New York-based fund reported 250,000 shares. Horizon Kinetics Lc invested 0.02% in Lennar Corporation (NYSE:LEN). Moreover, Smead has 4.63% invested in Lennar Corporation (NYSE:LEN). Thomas White holds 11,650 shares. Amer Money Llc stated it has 13,027 shares or 0.46% of all its holdings. Dorsey Whitney Com Limited Liability Corporation owns 6,557 shares or 0.07% of their US portfolio. Magnetar Financial invested 0.01% of its portfolio in Lennar Corporation (NYSE:LEN). Cleararc Inc invested in 0.04% or 5,222 shares. The New York-based Citigroup has invested 0% in Lennar Corporation (NYSE:LEN). 139,779 were reported by Citadel Advsrs Limited Com. Norman Fields Gottscho Management Limited holds 23,275 shares. Dimensional Fund Advisors Limited Partnership reported 3.08 million shares.

Since October 2, 2017, it had 0 insider buys, and 9 sales for $16.82 million activity. $355,750 worth of Lennar Corporation (NYSE:LEN) was sold by Collins David M on Thursday, January 18. The insider GROSS BRUCE E sold $1.30 million. $1.28 million worth of Lennar Corporation (NYSE:LEN) was sold by JAFFE JONATHAN M on Tuesday, January 2. $695,000 worth of Lennar Corporation (NYSE:LEN) was sold by BESSETTE DIANE J.

Analysts expect Lennar Corporation (NYSE:LEN) to report $0.82 EPS on April, 9.They anticipate $0.23 EPS change or 38.98 % from last quarter’s $0.59 EPS. LEN’s profit would be $260.39M giving it 18.46 P/E if the $0.82 EPS is correct. After having $1.29 EPS previously, Lennar Corporation’s analysts see -36.43 % EPS growth. The stock increased 0.22% or $0.13 during the last trading session, reaching $60.56. About 3.75 million shares traded. Lennar Corporation (NYSE:LEN) has risen 19.91% since March 14, 2017 and is uptrending. It has outperformed by 3.21% the S&P500.

Lennar Corporation (NYSE:LEN) Ratings Coverage

Among 25 analysts covering Lennar (NYSE:LEN), 22 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Lennar had 69 analyst reports since September 22, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Wednesday, October 4 by Citigroup. The rating was maintained by RBC Capital Markets on Wednesday, September 21 with “Outperform”. As per Thursday, January 11, the company rating was maintained by Credit Suisse. The firm has “Outperform” rating given on Friday, February 23 by Evercore. Wedbush maintained the stock with “Hold” rating in Wednesday, January 3 report. The firm earned “Buy” rating on Wednesday, October 4 by M Partners. As per Wednesday, October 4, the company rating was maintained by Bank of America. The firm earned “In-Line” rating on Wednesday, June 21 by Evercore. The stock of Lennar Corporation (NYSE:LEN) has “Buy” rating given on Monday, September 25 by RBC Capital Markets. The firm earned “Outperform” rating on Wednesday, March 30 by Wood.

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. The company has market cap of $19.23 billion. The firm operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily divisions. It has a 17.92 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 Prweb.com which published an article titled: “Lennar Palm Atlantic Announces New Leadership Team Following $9.3B Merger …” on March 12, 2018.

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.