Shares of Lennar have moved 0.6% today, and are now trading at a price of $78.27. In contrast, the S&P 500 index saw a -0.8% change and the Dow Industrial Average posted a -0.9% performance. Today's trading volume is 85,627 compared to the stock's average volume of 2,500,879.
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. Based in Miami, the company has 10,753 full time employees and a market cap of $22,262,804,480. Lennar currently offers its equity investors a dividend that yields 1.8% per year.
The company is now trading -17.9% away from its average analyst target price of $95.33 per share. The 15 analysts following the stock have set target prices ranging from $72 to $133, and on average give Lennar a rating of buy.
Over the last year, LEN shares have gone down by -26.0%, which represents a difference of -8.4% when compared to the S&P 500. The stock's 52 week high is $117.54 per share and its 52 week low is $62.54. Based on Lennar's average gross margin growth of 37.0% over the last four years, its core business remains strong and the stock price may recover in the long term.
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