Lennar Corporation (LEN) Analysts See $0.44 EPS

May 17, 2018 - By Margaret Downey

Lennar Corporation (NYSE:LEN) LogoInvestors sentiment increased to 1.25 in 2017 Q4. Its up 0.33, from 0.92 in 2017Q3. It increased, 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.
Advisory Services Ntwk Limited Liability holds 391 shares or 0% of its portfolio. First Manhattan Co has 3,350 shares for 0% of their portfolio. Third Point Limited Liability Company invested in 5.30 million shares or 2.42% of the stock. Cubic Asset Management Ltd Liability Corporation reported 7,600 shares. Gateway Invest Advisers Ltd Llc reported 10,902 shares. Keybank Natl Association Oh holds 0.01% or 22,472 shares. Blackrock reported 17.24M shares stake. Moreover, Bamco Inc Ny has 0.11% invested in Lennar Corporation (NYSE:LEN) for 390,947 shares. Canada Pension Plan Inv Board holds 0.01% of its portfolio in Lennar Corporation (NYSE:LEN) for 89,800 shares. Oregon Pub Employees Retirement Fund has invested 0.02% of its portfolio in Lennar Corporation (NYSE:LEN). The Japan-based Nomura Holding has invested 0.06% in Lennar Corporation (NYSE:LEN). Kbc Gru Nv has 20,852 shares. 12,611 were accumulated by Kentucky Retirement. Wells Fargo Mn holds 730,504 shares or 0.01% of its portfolio. The Ontario – Canada-based National Bank Of Nova Scotia has invested 0.01% in Lennar Corporation (NYSE:LEN).

Since January 2, 2018, it had 0 insider buys, and 15 selling transactions for $19.70 million activity. 10,000 shares valued at $695,000 were sold by BESSETTE DIANE J on Tuesday, January 16. On Thursday, January 18 Collins David M sold $355,750 worth of Lennar Corporation (NYSE:LEN) or 5,000 shares. 2,500 shares valued at $157,450 were sold by HUDSON SHERRILL W on Friday, April 6. Another trade for 125,000 shares valued at $8.69 million was sold by SUSTANA MARK. BOLOTIN IRVING sold $131,565 worth of stock. Another trade for 2,500 shares valued at $157,450 was made by GERARD STEVEN L on Friday, April 6.

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 $141.68M giving it 28.96 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 0.47% or $0.24 during the last trading session, reaching $50.97. About 6.15 million shares traded or 38.39% up from the average. Lennar Corporation (NYSE:LEN) has risen 17.08% since May 17, 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. As per Wednesday, February 7, the company rating was upgraded by Barclays Capital. The stock has “Hold” rating by Credit Suisse on Thursday, January 11. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, December 21 report. The stock of Lennar Corporation (NYSE:LEN) earned “Overweight” rating by JP Morgan on Tuesday, February 13. The firm earned “Buy” rating on Wednesday, January 10 by Keefe Bruyette & Woods. The stock of Lennar Corporation (NYSE:LEN) earned “Buy” rating by Susquehanna on Thursday, January 4. The firm has “Buy” rating given on Wednesday, January 17 by UBS. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, April 10 report. The company was upgraded on Friday, February 23 by Evercore. Argus Research maintained the shares of LEN in report on Thursday, March 1 with “Buy” rating.

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. The company has market cap of $16.41 billion. The firm operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily divisions. It has a 13.7 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 Streetinsider.com which published 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 Positions Chart

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