Analysts See $1.27 EPS for Lennar Corporation (LEN)

September 16, 2018 - By Mona Holcomb

Lennar Corporation (NYSE:LEN) LogoInvestors sentiment decreased to 1.36 in 2018 Q2. Its down 0.73, from 2.09 in 2018Q1. It worsened, 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.
1832 Asset L P holds 159,900 shares or 0.03% of its portfolio. Third Point Limited Company invested in 2.19% or 6.00 million shares. Gp One Trading Ltd Partnership has 2,965 shares. Cullen Frost Bankers Incorporated invested in 0.01% or 4,537 shares. 75,363 were accumulated by Jane Street Group Ltd Liability. Raymond James Fin Svcs Advisors reported 53,940 shares. Eidelman Virant accumulated 300,000 shares or 1.43% of the stock. Axa, a France-based fund reported 7,313 shares. Jpmorgan Chase And invested in 10.49 million shares or 0.11% of the stock. Management Of Virginia Ltd has 0.33% invested in Lennar Corporation (NYSE:LEN). Wesbanco Bancshares stated it has 0.17% in Lennar Corporation (NYSE:LEN). Barclays Plc accumulated 0.02% or 408,711 shares. 503,960 were reported by Asset One Com Ltd. Rwc Asset Mngmt Llp owns 1.94% invested in Lennar Corporation (NYSE:LEN) for 740,493 shares. Montgomery Inc stated it has 137,442 shares or 2.97% of all its holdings.

Since April 2, 2018, it had 0 insider buys, and 10 sales for $8.41 million activity. $1.17M worth of Lennar Corporation (NYSE:LEN) shares were sold by JAFFE JONATHAN M. $2.74 million worth of stock was sold by McCall Jeffrey Joseph on Wednesday, May 9. BOLOTIN IRVING had sold 2,089 shares worth $131,565 on Friday, April 6. On Friday, April 6 HUDSON SHERRILL W sold $157,450 worth of Lennar Corporation (NYSE:LEN) or 2,500 shares. 2,500 shares were sold by OLIVERA ARMANDO J, worth $156,884 on Friday, April 6. 2,095 Lennar Corporation (NYSE:LEN) shares with value of $131,943 were sold by SONNENFELD JEFFREY.

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 of Lennar Corporation (NYSE:LEN) earned “Overweight” rating by Barclays Capital on Wednesday, June 27. Citigroup maintained Lennar Corporation (NYSE:LEN) rating on Thursday, April 5. Citigroup has “Buy” rating and $73 target. The rating was maintained by Bank of America on Wednesday, June 27 with “Buy”. As per Thursday, April 5, the company rating was maintained by Credit Suisse. The stock of Lennar Corporation (NYSE:LEN) earned “Buy” rating by Citigroup on Tuesday, June 19. The rating was maintained by Wedbush on Wednesday, June 27 with “Neutral”. The firm has “Hold” rating given on Tuesday, April 10 by Deutsche Bank. The rating was maintained by Maxim Group with “Buy” on Wednesday, May 23. The company was maintained on Wednesday, March 21 by Keefe Bruyette & Woods. The company was maintained on Friday, September 14 by Barclays Capital.

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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