Analysts See $0.82 EPS for Lennar Corporation (LEN)

March 12, 2018 - By Darrin Black

 Analysts See $0.82 EPS for Lennar Corporation (LEN)
Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.28, from 1.2 in 2017Q2. It turned 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.
United Automobile Association holds 0.01% or 64,394 shares in its portfolio. State Of Alaska Department Of Revenue reported 0.06% stake. Ngam L P reported 0.05% of its portfolio in Lennar Corporation (NYSE:LEN). Moreover, Shaker Invs Limited Liability Corporation Oh has 0.42% invested in Lennar Corporation (NYSE:LEN). Northern Cap Mngmt Ltd holds 0.15% or 9,400 shares. South Dakota Inv Council holds 1.13M shares or 1.21% of its portfolio. Missouri-based Eidelman Virant Capital has invested 1.1% in Lennar Corporation (NYSE:LEN). Stifel Corp stated it has 0% in Lennar Corporation (NYSE:LEN). Moreover, Ontario Teachers Pension Plan Board has 0.06% invested in Lennar Corporation (NYSE:LEN). 8,000 were reported by Rmb Mgmt Ltd Com. 6.12M were reported by Aristotle Capital. Quebec – Canada-based Sector Pension Invest Board has invested 0.01% in Lennar Corporation (NYSE:LEN). Qs Investors Limited owns 0% invested in Lennar Corporation (NYSE:LEN) for 2,541 shares. Moreover, Manchester Capital Ltd Limited Liability Company has 0.01% invested in Lennar Corporation (NYSE:LEN) for 729 shares. Moreover, State Treasurer State Of Michigan has 0.03% invested in Lennar Corporation (NYSE:LEN) for 61,658 shares.

Since October 2, 2017, it had 0 buys, and 9 sales for $16.82 million activity. 5,000 shares were sold by Collins David M, worth $355,750. 20,000 Lennar Corporation (NYSE:LEN) shares with value of $1.06 million were sold by JAFFE JONATHAN M. On Friday, January 12 the insider SUSTANA MARK sold $8.69M. $695,000 worth of Lennar Corporation (NYSE:LEN) was sold by BESSETTE DIANE J on Tuesday, January 16.

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 $260.40M giving it 18.42 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 1.07% or $0.64 during the last trading session, reaching $60.43. About 3.81M shares traded. Lennar Corporation (NYSE:LEN) has risen 19.91% since March 13, 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 “Overweight” rating given on Tuesday, February 13 by JP Morgan. Credit Suisse maintained the shares of LEN in report on Wednesday, March 30 with “Neutral” rating. Evercore downgraded the stock to “In-Line” rating in Wednesday, June 21 report. The rating was maintained by Deutsche Bank on Wednesday, March 30 with “Hold”. Barclays Capital upgraded Lennar Corporation (NYSE:LEN) on Wednesday, February 7 to “Buy” rating. The company was upgraded on Monday, November 6 by JMP Securities. The rating was maintained by Wood with “Outperform” on Friday, April 7. The firm has “Overweight” rating by Barclays Capital given on Thursday, April 7. The firm has “Neutral” rating given on Tuesday, September 19 by Mizuho. The stock of Lennar Corporation (NYSE:LEN) earned “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 $19.19 billion. The firm operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily divisions. It has a 17.88 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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