EPS for Lennar Corporation (LEN) Expected At $0.82

March 8, 2018 - By Darrin Black

 EPS for Lennar Corporation (LEN) Expected At $0.82
Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.28, from 1.2 in 2017Q2. It is negative, as 44 investors sold Lennar Corporation shares while 148 reduced holdings. 45 funds opened positions while 132 raised stakes. 187.83 million shares or 0.17% more from 187.51 million shares in 2017Q2 were reported.
The Georgia-based Suntrust Banks has invested 0% in Lennar Corporation (NYSE:LEN). Amica Retiree Trust invested in 1,103 shares. Ontario – Canada-based Agf Invests has invested 0.48% in Lennar Corporation (NYSE:LEN). Numeric Ltd Liability Corp holds 0% or 11,600 shares. The Quebec – Canada-based Public Sector Pension Inv Board has invested 0.01% in Lennar Corporation (NYSE:LEN). First Interstate Savings Bank reported 0.06% of its portfolio in Lennar Corporation (NYSE:LEN). Zacks Investment Mgmt reported 15,204 shares. Mai Capital Management has 4,807 shares for 0.02% of their portfolio. Paragon Cap Mgmt Limited stated it has 4,230 shares or 0.09% of all its holdings. Canada Pension Plan Investment Board reported 0.01% in Lennar Corporation (NYSE:LEN). First Republic Management holds 0.01% of its portfolio in Lennar Corporation (NYSE:LEN) for 15,847 shares. British Columbia Invest Mngmt Corporation has invested 0.03% in Lennar Corporation (NYSE:LEN). Ontario Teachers Pension Plan Board accumulated 0.06% or 79,590 shares. Fmr Limited Liability Company reported 0.02% of its portfolio in Lennar Corporation (NYSE:LEN). Dynamic Ltd holds 9,354 shares or 0.14% of its portfolio.

Since October 2, 2017, it had 0 insider purchases, and 9 selling transactions for $16.82 million activity. Collins David M also sold $355,750 worth of Lennar Corporation (NYSE:LEN) shares. $1.30 million worth of Lennar Corporation (NYSE:LEN) shares were sold by GROSS BRUCE E. Another trade for 10,000 shares valued at $695,000 was sold by BESSETTE DIANE J. 125,000 shares were sold by SUSTANA MARK, worth $8.69M on Friday, January 12.

Analysts expect Lennar Corporation (NYSE:LEN) to report $0.82 EPS on April, 9.They anticipate $0.23 EPS change or 38.98 % from last quarter’s $0.59 EPS. LEN’s profit would be $260.48 million giving it 18.08 P/E if the $0.82 EPS is correct. After having $1.29 EPS previously, Lennar Corporation’s analysts see -36.43 % EPS growth. The stock increased 0.20% or $0.12 during the last trading session, reaching $59.29. About 2.46M shares traded. Lennar Corporation (NYSE:LEN) has risen 19.91% since March 8, 2017 and is uptrending. It has outperformed by 3.21% the S&P500.

Lennar Corporation (NYSE:LEN) Ratings Coverage

Among 25 analysts covering Lennar (NYSE:LEN), 22 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Lennar had 69 analyst reports since September 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Argus Research given on Thursday, March 1. As per Thursday, March 31, the company rating was maintained by Citigroup. On Wednesday, October 4 the stock rating was maintained by BTIG Research with “Buy”. The stock has “Buy” rating by RBC Capital Markets on Thursday, July 13. The stock of Lennar Corporation (NYSE:LEN) earned “Buy” rating by Citigroup on Friday, October 20. Credit Suisse upgraded the shares of LEN in report on Monday, January 22 to “Buy” rating. On Wednesday, September 21 the stock rating was maintained by RBC Capital Markets with “Outperform”. Barclays Capital upgraded the shares of LEN in report on Wednesday, February 7 to “Buy” rating. The rating was initiated by Barclays Capital on Friday, January 6 with “Overweight”. The stock has “Buy” rating by M Partners on Wednesday, October 4.

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. The company has market cap of $18.83 billion. The firm operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily divisions. It has a 17.54 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.

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