$0.44 EPS Expected for Lennar Corporation (LEN)

May 17, 2018 - By Henry Gaston

Lennar Corporation (NYSE:LEN) LogoInvestors sentiment increased to 1.25 in 2017 Q4. Its up 0.33, from 0.92 in 2017Q3. It is positive, 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.
Tci Wealth Advsr Inc invested in 0% or 169 shares. Sib Lc holds 0.21% or 4,633 shares. Schwab Charles Inv Mgmt reported 705,258 shares. Nordea Investment Mgmt Ab holds 0.01% or 73,815 shares. Butensky And Cohen Financial Security holds 1.5% of its portfolio in Lennar Corporation (NYSE:LEN) for 28,765 shares. D E Shaw & holds 0.06% or 676,089 shares in its portfolio. Glg Limited Liability Company holds 0.36% or 80,400 shares in its portfolio. Rhumbline Advisers, Massachusetts-based fund reported 379,741 shares. Louisiana State Employees Retirement System holds 0.04% or 12,400 shares. Parallax Volatility Advisers Limited Partnership holds 0% or 16,285 shares in its portfolio. Panagora Asset owns 12,514 shares for 0% of their portfolio. Boston Family Office Ltd Com holds 3,878 shares or 0.03% of its portfolio. Thomas White Int Limited holds 8,250 shares or 0.09% of its portfolio. Teachers Retirement Sys Of The State Of Kentucky stated it has 0.02% in Lennar Corporation (NYSE:LEN). Geode Cap Mgmt Llc, Massachusetts-based fund reported 2.16 million shares.

Since January 2, 2018, it had 0 insider purchases, and 15 selling transactions for $19.70 million activity. McCall Jeffrey Joseph sold $2.74 million worth of Lennar Corporation (NYSE:LEN) on Wednesday, May 9. GROSS BRUCE E sold $1.55M worth of Lennar Corporation (NYSE:LEN) on Monday, January 22. 2,089 shares were sold by BOLOTIN IRVING, worth $131,565 on Friday, April 6. On Friday, January 12 SUSTANA MARK sold $8.69M worth of Lennar Corporation (NYSE:LEN) or 125,000 shares. 2,500 shares were sold by OLIVERA ARMANDO J, worth $156,884. 20,000 shares were sold by JAFFE JONATHAN M, worth $1.17 million.

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. As per Tuesday, April 10, the company rating was maintained by Deutsche Bank. The stock of Lennar Corporation (NYSE:LEN) has “Buy” rating given on Tuesday, February 13 by J.P. Morgan. Argus Research maintained it with “Buy” rating and $70 target in Thursday, March 1 report. Keefe Bruyette & Woods maintained Lennar Corporation (NYSE:LEN) on Wednesday, March 21 with “Buy” rating. The firm has “Buy” rating given on Wednesday, January 10 by Keefe Bruyette & Woods. Credit Suisse maintained the stock with “Outperform” rating in Thursday, April 5 report. As per Friday, December 29, the company rating was maintained by Wedbush. Evercore upgraded Lennar Corporation (NYSE:LEN) on Friday, February 23 to “Outperform” rating. The company was upgraded on Thursday, January 18 by Mizuho. The company was upgraded on Tuesday, February 13 by JP Morgan.

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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