Lennar Corporation (NYSE:LEN.B – Get Free Report) shares passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $87.74 and traded as low as $84.64. Lennar shares last traded at $84.7240, with a volume of 61,163 shares trading hands.
Lennar Stock Performance
The company has a 50-day simple moving average of $80.34 and a two-hundred day simple moving average of $87.74. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.69 and a current ratio of 4.94. The firm has a market capitalization of $20.16 billion, a P/E ratio of 16.02 and a beta of 1.30.
Lennar (NYSE:LEN.B – Get Free Report) last announced its earnings results on Wednesday, September 16th. The construction company reported $1.23 earnings per share for the quarter. The business had revenue of $8.05 billion during the quarter. Lennar had a net margin of 4.09% and a return on equity of 6.15%.
About Lennar
Lennar Corporation is a U.S. homebuilder headquartered in Miami, Florida. Founded in 1954, the company develops residential communities and builds homes for a range of buyers, including first-time, move-up and active-adult purchasers. Its homebuilding business offers single-family homes and townhomes in markets across the United States. Lennar also develops multifamily rental properties and provides services related to home financing and real estate transactions, including mortgage and title services.
Featured Articles
- Five stocks we like better than Lennar
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for Lennar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennar and related companies with MarketBeat.com's FREE daily email newsletter.
