Lennar Corp. (NYSE:LEN) currently has a daily average trading volume of 2.04M but it saw 1706028 shares traded in last market. With a market cap of 51.38B USD, the company’s current market price of $187.11 came falling about -0.63 while comparing to the previous closing price of $188.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $193.80 and as low as $102.90. In the recent trading on the day, stock has struck highest price mark of $184.495 while lowest mark touched by it was $187.58.
Taking a look at 20-day trading activity of Lennar Corp. (LEN) gives us an average price of $184.38, while its current price level is -3.45% below from 52-week high level whereas it is 81.84% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $178.95 while that of 200 days or SMA-200 reads an average of $161.54. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.74% during that period while stretching the period over a month that increases to 2.06%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.98 which implies that the stock is in neutral territory.
Goldman downgraded its recommendation for the stock as a “Neutral” from “Buy” on July 22, 2024 while assigning a price target range of $180-$174. Wedbush issued its recommendations for the stock as it upgraded the price target for the stock is $144.
Over the week, LEN’s stock price is moving 2.89% up while it is 4.89% when we observe its performance for the past one month. Year-to-date it is 25.54% up and over the past year, the stock is showing an upside performance of 68.34%.
Currently, Lennar Corp.’s total number of outstanding shares is 247.27M. Company’s return on investment (ROI) stands at 14.03% and return on equity (ROE) at 15.70%. It has a price to earnings ratio (P/E ratio) of 12.39 while having a 11.68 of forward P/E ratio. Stock’s beta reads 1.61. Stock has a price to book (P/B) ratio of 1.91 while price to sale or P/S ratio amounts to 1.41. Its return on asset (ROA) is 10.79% on average.
