Lennar stock: buy or sell?
Updated on:
February 21st, 2020
4
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States.
Should I buy Lennar stock?
Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to choose your own trading strategy that matches with your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.Check the only buy setup that matches with Lennar stock now:
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | Yes |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is Lennar stock a buy?
Financial institutions and banks publish stock ratings everyday.
Unfortunately, we couldn't find any rating for LEN stock for the last 30 days.Lennar stock analysis
Daily outlook
Lennar ended today at $70.65 and decreased a disappointing -0.53%.
Shares of Lennar decreased a disappointing -0.53% and closed at $70.65. From a daily outlook perspective, LEN is drawing an uptrend of rising tops and rising bottoms. Since its last top on February/11 at $71.23, price slid and found support around $69.22. Breaking down under $69.22 would cancel the current uptrend and it might slide further to test lower supports. Note that $71.23 might act as a resistance line. Trading the long side, we should wait to a new breakout over $71.23 to find the next buy point. Since January when LEN stock price broke up the SMA100d line, it gained $14.29 (25.35%).
Weekly outlook
Lennar shares stayed constant 0.43% this week, ending at $70.65. This week was the third green week in a row. Late January LEN rocketed a brilliant 5.51% in just one week.
Lennar shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom by mid December 2019, LEN stock climbed unceasignly breaking out above its last top at $62.51. Late July 2019 LEN price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Late April 2019, SMA20w and SMA40w crossed up triggering a rise of 34.09%.
Lennar stock price history
Lennar stock went public on March 17th, 1980 with a price of $0.001. Since then, LEN stock grew a inf%, with an average of inf% per year. If you had invested $1,000 in Lennar stock in 1980, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
Lennar stock historical price chart
LEN stock reached 52-week highs today at $71.37, and all-time highs 2018-01-22 with a price of 71.59.
Lennar stock price target
How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not found any price target for Lennar stock by any trusted analyst.Financials and fundamental analysis
Earnings date and Earnings per Share
On March, Lennar presented its financial report, aligned with analysts' consensus and published a $0.74 Earnings per Share. Unfortunately, reported EPS is not yet available in our database.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 1.46 | n/a |
| 2017-Q3 | - | n/a | 1.06 | n/a |
| 2017-Q4 | 2018-03-26 | 0.77 | n/a | n/a |
| 2018-Q1 | 2018-04-04 | 0.92 | 1.11 | 20.7% |
| 2018-Q2 | 2018-06-26 | 0.45 | 1.58 | 251.1% |
| 2018-Q3 | 2018-10-03 | 1.19 | 1.4 | 17.6% |
| 2018-Q4 | 2019-01-09 | 1.91 | 1.96 | 2.6% |
| 2019-Q1 | 2019-03-27 | 0.75 | 0.74 | -1.3% |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
In 2018, Lennar annual sales climbed an exceptional 62.67% to $20,571.60 million dollars from $12,646.40 marked in 2017. In contrary, its earnings margin (compared to sales) appreciated to 8.24%, that is $1,695.83 million. To have an up to date view of the financial situation of Lennar, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Lennar TTM sales up to February 2019 were $21,458.92 and income was $1,799.53 M dollars. When comparing this TTM figures with the last reported annuality, we can review Lennar business evolution since November 2018: Annual revenues up to February, compared to lastest yearly report, grew a fine 4.31%. Regarding profit margin, Lennar remained steady 0.14% to 8.24%| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $5,940 M | - | $473 M8.0% | - |
| 2014 | $7,780 M | 30.97% | $639 M8.2% | 35.12% |
| 2015 | $9,474 M | 21.78% | $803 M8.5% | 25.67% |
| 2016 | $10,950 M | 15.58% | $912 M8.3% | 13.57% |
| 2017 | $12,646 M | 15.49% | $810 M6.4% | -11.12% |
| 2018 | $20,572 M | 62.67% | $1,696 M8.2% | 109.24% |
| TTM | $21,459 M | 4.31% | $1,800 M8.4% | 6.11% |
Quarterly financial results
Lennar posted $3,868.08 M in sales for 2019-Q1, a -40.12% less compared to previous quarter. Reported quarter income marked $239.91 million with a profit margin of 6.20%. Profit margin slipped a -6.12% compared to previous quarter when profit margin was 12.33%. When comparing sales to same quarter last year, Lennar sales marked an extraordinary increase and skyrocketed a 29.77%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $3,250 M | - | $212 M6.5% | - |
| 2017-Q3 | $3,270 M | 0.62% | $247 M7.5% | 16.61% |
| 2017-Q4 | $3,786 M | 15.77% | $310 M8.2% | 25.48% |
| 2018-Q1 | $2,981 M | -21.26% | $136 M4.6% | -56.00% |
| 2018-Q2 | $5,459 M | 83.14% | $310 M5.7% | 127.77% |
| 2018-Q3 | $5,673 M | 3.91% | $453 M8.0% | 46.08% |
| 2018-Q4 | $6,459 M | 13.87% | $796 M12.3% | 75.67% |
| 2019-Q1 | $3,868 M | -40.12% | $240 M6.2% | -69.87% |
Lennar ownership
When you are planning to invest in a company, it's worth to have a look its ownership structure.Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Lennar, 2.10% of all outstanding shares are owned by its staff.
Bearish positions for LEN stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
| LEN | |
|---|---|
| Market cap | $19.8 B |
| Total shares | 279.9 M |
| Float shares | 288.4 M |
| - Institutional holdings (%) | 102.4% |
| - Insider holdings (%) | 2.1% |
| Shares in short selling | 0.0% |
Lennar summary
| Friday, February 21st, 2020 | |
|---|---|
| Open | $70.93 |
| Close | $70.65 |
| Day range | $70.52 - $71.37 |
| Previous close | $71.03 |
| Session gain | -0.53% |
| Average true range | $1.25 |
| 50d mov avg | $62.75 |
| 100d mov avg | $61.04 |
| 200d mov avg | $55.82 |
| Daily pattern | lb03a |
| Weekly pattern | lb03c |
Lennar performance
To better understand Lennar performance you must becnhmark its gains with other related stocks in same sector or industry. We compared Lennar against in the following table:| Stock | 3m | 6m | 12m |
|---|---|---|---|
| LENLennar | 20.42% | 38.31% | 41.19% |
Lennar competitors
Unfortunately, we could not find any public company that could be defined as Lennar competitor. This doesn't mean Lennar does not have any competitor in the market, it's just we could not detected it.Latest Lennar stock news
- InvestorPlace3 Big Stock Charts for Wednesday: PepsiCo, EQT and LennarJuly 10, 2019
- InvestorPlace3 Big Stock Charts for Wednesday: Tyson Foods, Lennar and State StreetJune 26, 2019
- InvestorPlaceQ2 Lennar Earnings: 8 Things for LEN Stock Investors to KnowJune 25, 2019
- Investors.comDow Jones Lower Ahead Of Powell's Comments; Lennar Nears BreakoutJune 25, 2019
- Investors.comStocks Turn Red; Dow Jones Stock McDonald's, Lennar Eye Buy PointsJune 25, 2019