Lennar Corporation (NYSE:LEN.B – Get Free Report) shares gapped up prior to trading on Friday. The stock had previously closed at $77.16, but opened at $82.98. Lennar shares last traded at $82.9850, with a volume of 3,544 shares.
Lennar Price Performance
The firm has a fifty day moving average price of $79.95 and a two-hundred day moving average price of $83.97. The stock has a market capitalization of $19.92 billion, a P/E ratio of 15.80 and a beta of 1.30. The company has a quick ratio of 0.69, a current ratio of 4.94 and a debt-to-equity ratio of 0.20.
Lennar (NYSE:LEN.B – Get Free Report) last posted its earnings results on Wednesday, September 16th. The construction company reported $1.23 EPS for the quarter. Lennar had a net margin of 4.09% and a return on equity of 6.15%. The business had revenue of $8.05 billion during the quarter.
About Lennar
Lennar Corporation is a homebuilder that designs, constructs and sells single-family homes and multifamily properties across many of the largest housing markets in the United States. Its residential offerings include homes for first-time, move-up and active-adult buyers, with communities marketed under the Lennar brand and a range of floor plans, locations and features.
The company also operates businesses that support the homebuying process, including mortgage financing, title and closing services, and insurance-related services.
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