Lennar Corporation (NYSE:LEN.B – Get Free Report)’s stock price gapped up before the market opened 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 traded.
Lennar Price Performance
The company has a quick ratio of 0.69, a current ratio of 4.94 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $19.92 billion, a P/E ratio of 15.80 and a beta of 1.30. The business’s 50-day moving average price is $79.95 and its 200 day moving average price is $83.97.
Lennar (NYSE:LEN.B – Get Free Report) last released its quarterly earnings results on Wednesday, September 16th. The construction company reported $1.23 earnings per share for the quarter. Lennar had a return on equity of 6.15% and a net margin of 4.09%. The firm had revenue of $8.05 billion for 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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