Analysts See $0.44 EPS for Lennar Corporation (LEN)

May 16, 2018 - By Margaret Downey

Lennar Corporation (NYSE:LEN) LogoInvestors sentiment increased to 1.25 in Q4 2017. Its up 0.33, from 0.92 in 2017Q3. It improved, as 41 investors sold Lennar Corporation shares while 139 reduced holdings. 85 funds opened positions while 140 raised stakes. 207.37 million shares or 10.41% more from 187.83 million shares in 2017Q3 were reported.
Fmr Ltd has 9.29 million shares. Clough Cap Prns L P has 203,297 shares. Bamco Ny holds 0.11% or 390,947 shares. Great West Life Assurance Communications Can holds 0.02% or 143,216 shares in its portfolio. Kentucky Retirement Sys owns 12,611 shares for 0.06% of their portfolio. State Of Alaska Department Of Revenue holds 34,827 shares. Strs Ohio stated it has 0.01% in Lennar Corporation (NYSE:LEN). Pcj Investment Counsel Ltd reported 0.2% of its portfolio in Lennar Corporation (NYSE:LEN). Foundation Asset Limited Partnership, New York-based fund reported 255,000 shares. Natl Bank Of Nova Scotia holds 46,805 shares. Peak6 L P has 0.02% invested in Lennar Corporation (NYSE:LEN) for 67,920 shares. Atlantic Trust Grp Inc Limited Liability Corp has 11,774 shares for 0% of their portfolio. Mgmt Of Virginia Ltd Liability Co holds 0.44% of its portfolio in Lennar Corporation (NYSE:LEN) for 29,165 shares. Baldwin Brothers Ma reported 0.01% of its portfolio in Lennar Corporation (NYSE:LEN). Cubic Asset Management Ltd Liability Corp reported 0.13% in Lennar Corporation (NYSE:LEN).

Since January 2, 2018, it had 0 insider buys, and 15 insider sales for $19.70 million activity. OLIVERA ARMANDO J sold $156,884 worth of Lennar Corporation (NYSE:LEN) on Friday, April 6. 10,000 shares were sold by BESSETTE DIANE J, worth $695,000. $1.17M worth of Lennar Corporation (NYSE:LEN) was sold by JAFFE JONATHAN M on Monday, April 2. Shares for $157,450 were sold by GERARD STEVEN L. Shares for $8.69 million were sold by SUSTANA MARK on Friday, January 12. 50,888 shares valued at $2.74 million were sold by McCall Jeffrey Joseph on Wednesday, May 9.

Analysts expect Lennar Corporation (NYSE:LEN) to report $0.44 EPS on June, 19.They anticipate $0.47 EPS change or 51.65 % from last quarter’s $0.91 EPS. LEN’s profit would be $141.67 million giving it 29.10 P/E if the $0.44 EPS is correct. After having $1.11 EPS previously, Lennar Corporation’s analysts see -60.36 % EPS growth. The stock decreased 5.67% or $3.08 during the last trading session, reaching $51.21. About 5.50M shares traded or 24.05% up from the average. Lennar Corporation (NYSE:LEN) has risen 17.08% since May 16, 2017 and is uptrending. It has outperformed by 5.53% the S&P500.

Lennar Corporation (NYSE:LEN) Ratings Coverage

Among 14 analysts covering Lennar Corp (NYSE:LEN), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. Lennar Corp had 19 analyst reports since December 21, 2017 according to SRatingsIntel. The stock of Lennar Corporation (NYSE:LEN) earned “Overweight” rating by JP Morgan on Tuesday, February 13. The stock of Lennar Corporation (NYSE:LEN) has “Buy” rating given on Monday, January 22 by Credit Suisse. Evercore upgraded the stock to “Outperform” rating in Friday, February 23 report. The firm has “Buy” rating given on Thursday, January 4 by Susquehanna. The rating was maintained by UBS with “Buy” on Wednesday, January 17. The firm has “Buy” rating given on Wednesday, February 7 by Barclays Capital. The firm has “Hold” rating given on Tuesday, April 10 by Deutsche Bank. The firm has “Outperform” rating by Wells Fargo given on Tuesday, January 2. The firm has “Neutral” rating by Wedbush given on Friday, December 29. Credit Suisse maintained it with “Outperform” rating and $78 target in Thursday, April 5 report.

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. The company has market cap of $16.49 billion. The firm operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily divisions. It has a 13.76 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.

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Lennar Corporation (NYSE:LEN) Institutional Positions Chart

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