Lennar Corporation (LEN) EPS Estimated At $1.02

August 24, 2017 - By Clifton Ray

 Lennar Corporation (LEN) EPS Estimated At $1.02
Investors sentiment decreased to 0.95 in 2016 Q4. Its down 0.26, from 1.21 in 2016Q3. It turned negative, as 56 investors sold Lennar Corporation shares while 153 reduced holdings. 57 funds opened positions while 141 raised stakes. 186.24 million shares or 3.31% more from 180.27 million shares in 2016Q3 were reported.
Wesbanco Bancorp holds 85,111 shares or 0.21% of its portfolio. Robeco Institutional Asset Mgmt Bv accumulated 2,426 shares. Northern Corporation stated it has 0.03% in Lennar Corporation (NYSE:LEN). Asset Management Incorporated reported 17,595 shares stake. Point72 Asia (Hong Kong) Limited has 450 shares for 0.02% of their portfolio. Basswood Mngmt Ltd Limited Liability Company invested in 0.2% or 105,278 shares. Cim Mangement accumulated 14,402 shares. Carroll holds 0% of its portfolio in Lennar Corporation (NYSE:LEN) for 53 shares. Rwc Asset Mngmt Ltd Liability Partnership holds 167,174 shares. New England Rech Mngmt invested in 0.4% or 11,970 shares. State Of Tennessee Treasury Department reported 84,190 shares stake. Ancora Advsr Lc, a Us-based fund reported 575 shares. Oppenheimer And stated it has 28,001 shares. Huntington Financial Bank has invested 0% in Lennar Corporation (NYSE:LEN). Dekabank Deutsche Girozentrale reported 8,110 shares.

Since April 3, 2017, it had 0 insider buys, and 1 sale for $1.03 million activity. Another trade for 20,000 shares valued at $1.03M was sold by JAFFE JONATHAN M.

Investors wait Lennar Corporation (NYSE:LEN) to report on September, 19. its quarterly earnings Wall Street analysts expect $1.02 EPS, up $0.01 or 0.99 % from last year’s $1.01 same quarter earnings. This translates into $233.87M profit for LEN giving the stock a 12.60 P/E. This is assuming the current $1.02 EPS is accurate. Lennar Corporation’s Wall Street analysts see 12.09 % EPS growth, taking into account the $0.91 EPS reproted in the previous quarter, About 211,623 shares traded. Lennar Corporation (NYSE:LEN) has risen 19.91% since August 24, 2016 and is uptrending. It has outperformed by 3.21% the S&P500.

Lennar Corporation (NYSE:LEN) Ratings Coverage

Among 21 analysts covering Lennar (NYSE:LEN), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. Lennar had 38 analyst reports since September 22, 2015 according to SRatingsIntel. The company was upgraded on Monday, October 17 by Buckingham Research. The rating was maintained by Wood on Friday, April 7 with “Outperform”. On Wednesday, January 20 the stock rating was upgraded by Susquehanna to “Positive”. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Tuesday, June 20 report. The rating was maintained by Wood on Wednesday, March 30 with “Outperform”. The rating was downgraded by Evercore to “In-Line” on Wednesday, June 21. The stock of Lennar Corporation (NYSE:LEN) earned “Buy” rating by UBS on Friday, January 15. RBC Capital Markets maintained the shares of LEN in report on Thursday, July 13 with “Buy” rating. The firm earned “Overweight” rating on Friday, January 6 by Barclays Capital. The stock of Lennar Corporation (NYSE:LEN) earned “Neutral” rating by Citigroup on Thursday, March 31.

Lennar Corporation is a provider of real estate related financial services, commercial real estate, investment management and finance company. The company has market cap of $11.79 billion. The Firm is a homebuilder that operates in various states. It has a 15.02 P/E ratio. The Company’s divisions include Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto and Lennar Multifamily.

More news for Lennar Corporation (NYSE:LEN) were recently published by: Washingtonpost.com, which released: “Lennar buys 2400-acre master-planned community in St. Charles, Md.” on August 09, 2017. Bizjournals.com‘s article titled: “Lennar sells development site near future American Dream Miami megamall” and published on August 21, 2017 is yet another important article.

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