According to their predictions high & low revenue estimates are 3.69 Billion and 3.37 Billion respectively.
Lennar Corporation most recently reported earnings per share (EPS) of $1.06 for the August 2017 versus $1.01 in the same quarter a year ago, representing 5% growth. Currently, Lennar Corporation (NYSE:LEN) has an average volume of 2.75 Million. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements, including the risk that the offering of the Notes cannot be successfully completed, the risk that we will not use the proceeds in the manner anticipated and including those risks detailed in the Company's filings with the SEC, including the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended November 30, 2016.
Lennar Corporation (NYSE:LEN) last posted its earnings results on Tuesday, October 3rd. The construction company reported $1.06 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.05. Of the analysts surveyed by Reuters that track Halliburton Company 3 of them rate its stock a hold. Lennar Corporation had a net margin of 6.65% and a return on equity of 12.37%. The firm's revenue for the quarter was up 15.1% on a year-over-year basis. Royal Bank Of Canada reiterated a "buy" rating and set a $64.00 price objective on shares of Lennar Corporation in a report on Monday, August 21st.
A number of equities analysts have commented on the stock. The institutional investor bought 33,550 shares of the construction company's stock, valued at approximately $1,771,000. The firm has "Buy" rating given on Wednesday, October 4 by M Partners. If the published price targets set by Lennar Corporation analysts have any power to influence the stock's share price, the highest price target set for LEN is $75.69.
In other news, CFO Bruce E. Gross sold 5,000 shares of the business's stock in a transaction dated Thursday, October 5th. The total value of its holdings decreased 8.9%.
The company now has an insider ownership of 1.7 Percent and Institutional ownership of 93.7 Percent. You may obtain a free copy of the joint proxy statement/prospectus (if and when it becomes available) and other relevant documents filed by the Company and CalAtlantic with the SEC at the SEC's website at www.sec.gov. Copies of the documents filed by the Company with the SEC will be available free of charge on the Company's website at www.lennar.com or by contacting Allison Bober, Investor Relations, at 305-485-2038.
Include Bharat-22 ETF in your satellite portfolio
The new ETF has 22 companies spread across six sectors compared to just 10 stocks spread across five sectors in the CPSE ETF. The ETF will help the government meet its ambitious Rs72,500 crore disinvestment target for the current fiscal.
The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 14.93%, and has a solid year to date (YTD) performance of 39.13% which means that the stock is constantly adding to its value from the previous fiscal year end price. Commonwealth Bank of Australia grew its position in shares of Lennar Corporation by 32.4% in the 2nd quarter. Capstone Asset Management Co. now owns 59,472 shares of the construction company's stock worth $3,171,000 after buying an additional 6,794 shares during the period. Finally, Smead Capital Management Inc. lifted its stake in Lennar Corporation by 43.3% in the 2nd quarter. A low price-to-sales ratio, typically less than 1.0, is considered a good value. QS Investors LLC now owns 2,541 shares of the construction company's stock worth $135,000 after buying an additional 25 shares during the last quarter. It fall, as 36 investors sold Lennar Corporation shares while 139 reduced holdings.
About 2.19M shares traded.
Lennar Corporation (LEN) opened at $58.22 on Tuesday.
This company has been competing with others in the Industrial Goods space and offers its own combination of interesting factors Lennar Corporation (LEN) now trades with a market capitalization of $13.78 Billion.
Over the past 50 days, Lennar Corporation stock was -1.77% off of the high and 19.71% removed from the low. The company has a debt-to-equity ratio of 0.72, a current ratio of 7.76 and a quick ratio of 0.59.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 2nd. The ex-dividend date of this dividend was Wednesday, October 18th. This represents a $0.16 dividend on an annualized basis and a yield of 0.27%. RBC Capital Markets maintained Lennar Corporation (NYSE:LEN) on Wednesday, September 21 with "Outperform" rating. If you are viewing this story on another domain, it was illegally stolen and republished in violation of USA and worldwide copyright and trademark legislation. The Company's divisions include Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto and Lennar Multifamily.
Moreover, State Of Wisconsin Investment Board has 0% invested in New Residential Investment Corp (NYSE:NRZ) for 61,190 shares. According to their observations and findings, the stock could provide a high EPS of $0.58/share and a low EPS of $0.35/share.
Following the completion of the sale, the director now owns 917,530 shares in the company, valued at approximately $28,902,195. The real estate investment trust reported $0.41 EPS for the quarter, topping the Zacks' consensus estimate of $0.16 by $0.25.
ValuEngine cut shares of Beazer Homes USA from a "buy" rating to a "hold" rating in a report on Friday, September 1st. (NYSE:BZH). As of September 30, 2016, the Company had operations in 13 states within over three geographic regions in the United States.
In the most updated research from a number of analysts on Wall Street, the company gets 18 Buys and 0 Sell among 27 analysts. Carlton Hofferkamp And Jenks Wealth Mgmt Limited Liability invested 0.22% of its portfolio in Cisco Systems, Inc .
The insurance provider reported $0.78 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.78. The value of the investment in BB&T Corp went from $151,665,000 to $152,035,000 a change of 0.2% quarter to quarter.
The latest figures include 28% who Strongly Approve of the way Trump is performing and 45% who Strongly Disapprove. The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 44% of Likely U.S.
JUVENTUS WILL TRY to tempt Emre Can and Leon Goretzka to join them next summer, chief executive Giuseppe Marotta has revealed. The report also claims that Goretzka's arrival could spell the end of Philippe Coutinho's Liverpool career.
ECA's projected wage growth ranks Singapore ninth out of the 20 countries surveyed in the Asia-Pacific region and 14th globally. Its Salary Trends Reports analyse current and projected salary increases for local employees in 72 countries across the world.
The Metropolitan Washington Airports Authority Police Department obtained the arrest warrant on February 1. Police say they had attempted to contact McGowan so she can appear in a Loudoun County, Virginia, court.
Speaking with CNBC , Duffy revealed that CME plans to launch bitcoin futures trading during the second week of December. CME's venture into the cryptocurrency space also brings about something new - shorting Bitcoin.
The average twelve-month target price among brokers that have updated their coverage on the stock in the previous year is $110.39. The firm has "Buy" rating by Canaccord Genuity given on Friday, June 16. (NYSE:PEP) on Thursday, July 6 with "Buy" rating.
HSBC's Swiss private bank said it is ending a long-running French investigation over offshore accounts by paying a fine. It also said that two former directors of HSBC's Swiss private bank remained subject to possible legal action.
Does Trump Believe Putin?
To the editor: I thought I had heard everything until I read that our president believed Putin over his own intelligence agencies. Vedomosti later reported that the Dumawas considering a much broader move, covering other Western and global press outlets.
European Tour Fantasy Golf Picks & Predictions
Interestingly, Garcia looks to be using new clubs this week after being spotted playing with Callaway equipment . As long as Rose doesn't finish in the top five and Garcia doesn't win, Fleetwood will lift the trophy on Sunday.
Coleman urges Bale 'go for happiness'
Madrid are now said to be regretting their decision to stick with Bale and have lost patience with him following his latest injury setback, according to AS.
Sirius XM Holdings Inc. (NASDAQ:SIRI) Undervalued by 8
Sirius Xm Hldgs Inc (Put) now has $24.54B valuation. (SIRI) analysts on average have given a price target of $35.76 on SIRI stock. Sirius XM Holdings Inc.'s Average Earnings Estimate for the current quarter is $0.05, according to consensus of 14 analysts.