Lennar Corporation (LEN) EPS Estimated At $0.44

May 17, 2018 - By Margarite Burden

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.
Fund Evaluation Grp Incorporated Ltd Llc accumulated 28,650 shares. Dynamic Cap Mgmt invested in 0.09% or 4,019 shares. Fmr Limited Co reported 9.29 million shares. Macquarie Group Limited invested in 5,100 shares or 0% of the stock. Delphi Mgmt Inc Ma has 42,681 shares. State Bank Of Nova Scotia has invested 0.01% in Lennar Corporation (NYSE:LEN). Massachusetts-based Boston Family Office Ltd Liability has invested 0.03% in Lennar Corporation (NYSE:LEN). Northern Management Ltd Llc has invested 0.15% in Lennar Corporation (NYSE:LEN). Eminence Capital L P stated it has 7.46 million shares or 7.19% of all its holdings. Proshare Advsrs Limited Liability Com holds 0.03% or 66,334 shares in its portfolio. Highstreet Asset Management holds 2,800 shares. Glob X Mngmt Limited Liability Corp invested in 0.01% or 6,474 shares. Amica Pension Fund Board Of Trustees has invested 0.05% in Lennar Corporation (NYSE:LEN). Thompson Siegel Walmsley Limited Liability Company invested 0% in Lennar Corporation (NYSE:LEN). Highland Management L P has 34,900 shares.

Since January 2, 2018, it had 0 insider purchases, and 15 selling transactions for $19.70 million activity. Collins David M had sold 5,000 shares worth $355,750 on Thursday, January 18. BOLOTIN IRVING sold 2,089 shares worth $131,565. 20,000 shares were sold by JAFFE JONATHAN M, worth $1.28M. $156,884 worth of Lennar Corporation (NYSE:LEN) shares were sold by OLIVERA ARMANDO J. HUDSON SHERRILL W had sold 2,500 shares worth $157,450. GROSS BRUCE E sold $1.55 million worth of Lennar Corporation (NYSE:LEN) on Monday, January 22.

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 6.15M 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. Susquehanna maintained Lennar Corporation (NYSE:LEN) on Thursday, January 4 with “Buy” rating. Wedbush maintained the stock with “Hold” rating in Wednesday, January 3 report. The rating was upgraded by Credit Suisse to “Buy” on Monday, January 22. The company was maintained on Thursday, April 5 by Citigroup. Barclays Capital upgraded the stock to “Buy” rating in Wednesday, February 7 report. Keefe Bruyette & Woods maintained the shares of LEN in report on Thursday, December 21 with “Buy” rating. The firm earned “Buy” rating on Wednesday, March 21 by Keefe Bruyette & Woods. The firm earned “Hold” rating on Thursday, January 11 by Credit Suisse. As per Tuesday, February 13, the company rating was upgraded by J.P. Morgan. As per Thursday, April 5, the company rating was maintained by Credit Suisse.

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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