Lennar Corporation (NYSE:LEN.B – Get Free Report) shares gapped down prior to trading on Wednesday. The stock had previously closed at $89.69, but opened at $83.78. Lennar shares last traded at $82.7290, with a volume of 1,510 shares.
Lennar Trading Down 2.8%
The firm has a market cap of $19.60 billion, a price-to-earnings ratio of 15.57 and a beta of 1.30. The business’s 50 day moving average price is $80.34 and its 200-day moving average price is $87.74. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.69 and a current ratio of 4.94.
Lennar (NYSE:LEN.B – Get Free Report) last posted its quarterly earnings results on Wednesday, September 16th. The construction company reported $1.23 EPS for the quarter. The business had revenue of $8.05 billion during the quarter. Lennar had a return on equity of 6.15% and a net margin of 4.09%.
About Lennar
Lennar Corporation is a U.S. homebuilder headquartered in Miami, Florida. Founded in 1954, the company develops residential communities and builds homes for a range of buyers, including first-time, move-up and active-adult purchasers. Its homebuilding business offers single-family homes and townhomes in markets across the United States. Lennar also develops multifamily rental properties and provides services related to home financing and real estate transactions, including mortgage and title services.
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