Shares of Lennar Corporation (NYSE:LEN.B – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $80.49 and last traded at $84.0560, with a volume of 73803 shares traded. The stock had previously closed at $84.32.
Lennar Stock Performance
The firm has a market cap of $20.76 billion, a P/E ratio of 12.08 and a beta of 1.38. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.97 and a current ratio of 4.77. The business’s 50-day simple moving average is $98.83 and its 200 day simple moving average is $107.58.
Lennar (NYSE:LEN.B – Get Free Report) last released its quarterly earnings results on Thursday, March 12th. The construction company reported $0.88 earnings per share for the quarter. The firm had revenue of $6.62 billion for the quarter. Lennar had a return on equity of 7.80% and a net margin of 5.39%.
About Lennar
Lennar is a U.S.-based residential real estate company primarily engaged in the design, construction and sale of new homes. The company builds a range of housing products that typically include single-family detached homes, attached homes and planned community residences aimed at first-time buyers, move-up buyers and active-adult purchasers. Lennar’s operations span many metropolitan and regional housing markets across the United States, and the company is known for a high-volume, production-oriented homebuilding model.
In addition to core homebuilding, Lennar provides a suite of complementary services intended to simplify the homebuying process.
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