Lennar stock closes slightly higher, outperforms S&P 500

From Nasdaq: 2024-12-03 18:15:03

Lennar (LEN) closed at $173.58, up 0.06% from the previous day, outperforming the S&P 500. Shares rose 0.49% in the past month, trailing the Construction sector’s 7.86% gain. Anticipated earnings forecast an EPS of $4.22, a 18.38% decrease year-over-year, with revenue expected to drop 7.4% to $10.16 billion.

Investors monitor Lennar’s upcoming earnings with an EPS estimate of $4.22 and revenue projection of $10.16 billion. Recent analyst adjustments reflect changing business trends, impacting share price momentum. Lennar holds a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 10.82, higher than the industry average of 10.03. The PEG ratio stands at 1.44.

The Building Products – Home Builders industry, where Lennar operates, has a Zacks Industry Rank of 126, placing it in the top 50% of all industries. Industry performance is measured by the average Zacks Rank of stocks within the group. Investors can use Zacks.com to monitor stock metrics and industry rankings for strategic decision-making.

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Read more at Nasdaq: Lennar (LEN) Outperforms Broader Market: What You Need to Know