EPS for Lennar Corporation (LEN) Expected At $0.44 on June, 19

May 17, 2018 - By Julia Grubbs

Lennar Corporation (NYSE:LEN) Corporate Logo
During Q4 2017 the big money sentiment increased to 1.25. That’s change of 0.33, from 2017Q3’s 0.92. 41 investors sold all, 139 reduced holdings as Lennar Corporation ratio increased. 140 grew stakes while 85 funds acquired stakes. Funds hold 207.37 million shares thus 10.41% more from 2017Q3’s 187.83 million shares.
Burt Wealth Advsr owns 200 shs. Blume Cap Mgmt reported 0% stake. 46,099 were reported by Cibc World Markets Corp. 795,000 are held by Cap Growth Mgmt L P. Kbc Group Inc Nv reported 20,852 shs stake. Sei Invs Co holds 0.03% or 118,870 shs in its capital. 5,469 are held by Gagnon Ltd Liability Company. Capital Guardian Trust stated it has 0.15% in Lennar Corporation (NYSE:LEN). Argent Tru Communications holds 7,234 shs. Nordea Inv Mngmt owns 73,815 shs. Trustees Of Dartmouth College reported 243 shs or 0.01% of all its holdings. Blair William & Il holds 0.01% or 19,481 shs. Brown Advisory Inc owns 7,239 shs. Mark Asset Mgmt Corporation has invested 3.44% in Lennar Corporation (NYSE:LEN). Livforsakringsbolaget Skandia Omsesidigt invested 0.05% of its capital in Lennar Corporation (NYSE:LEN).

Lennar Corporation registered $19.70 million net activity with 0 insider buys and 15 selling transactions since January 2, 2018. $1.30 million worth of Lennar Corporation (NYSE:LEN) shs were sold by GROSS BRUCE E. 2,500 Lennar Corporation (NYSE:LEN) shs with value of $156,884 were sold by OLIVERA ARMANDO J. 50,888 Lennar Corporation (NYSE:LEN) shs with value of $2.74 million were sold by McCall Jeffrey Joseph. 2,500 Lennar Corporation (NYSE:LEN) shs with value of $157,450 were sold by HUDSON SHERRILL W. On Monday, April 2 Shares for $1.17 million were sold by JAFFE JONATHAN M. Shares for $695,000 were sold by BESSETTE DIANE J on Tuesday, January 16.

On June, 19 is awaited Lennar Corporation (NYSE:LEN)’s earnings report, Zacks reports. Last year’s EPS was $0.91, while now analysts expect change of 51.65 % down from current $0.44 EPS. The profit will be $141.68M for LEN if $0.44 EPS becomes true. Wall Street now forecasts -60.36 % negative EPS growth despite Lennar Corporation last quarter’s EPS of $1.11. The stock decreased 0.47% or $0.24 during the last trading session, hitting $50.97.Lennar Corporation has 6.15 million shares volume, 38.27% up from normal. LEN is uptrending and has moved 17.08% since May 17, 2017. LEN outperformed by 5.53% the S&P500.

Lennar Corporation (NYSE:LEN) Ratings Coverage

In total 14 analysts cover Lennar Corp (NYSE:LEN). “Buy” rating has 12, “Sell” are 0, while 2 are “Hold”. 86% are bullish. 19 are the (NYSE:LEN)’s analyst reports since December 21, 2017 according to StockzIntelligence Inc. On Thursday, December 21 the company was maintained by Keefe Bruyette & Woods. On Wednesday, January 17 the rating was maintained by UBS with “Buy”. On Thursday, January 11 the firm earned “Hold” rating by Credit Suisse. On Wednesday, January 3 the stock of Lennar Corporation (NYSE:LEN) has “Hold” rating given by Wedbush. On Wednesday, January 10 Keefe Bruyette & Woods maintained Lennar Corporation (NYSE:LEN) rating. Keefe Bruyette & Woods has “Buy” rating and $78.0 target. The stock rating was maintained by Wedbush with “Neutral” on Friday, December 29. On Thursday, January 18 the stock of Lennar Corporation (NYSE:LEN) earned “Buy” rating by Mizuho. The stock rating was maintained by Citigroup with “Buy” on Thursday, April 5. The company rating was upgraded by Evercore on Friday, February 23. In Tuesday, January 2 report Wells Fargo upgraded the stock to “Outperform” rating.

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States.The firm is worth $16.41 billion. The firm operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily divisions.The P/E ratio is 13.7. 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.

There’s an important Lennar Corporation (NYSE:LEN) news announced by Streetinsider.com. It’s an item titled: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” on May 15, 2018.

Lennar Corporation (NYSE:LEN) Institutional Investors Chart

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