Home Sectors Consumer Cyclical Current Movement: Lennar Corporation (NYSE: LEN)

Current Movement: Lennar Corporation (NYSE: LEN)

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Lennar Corporation is part of the homebuilding and construction industry and consumer cyclical sector. The company CEO is Richard Beckwitt. Lennar Corp is a homebuilding service provider. Its operations include the construction and sale of single-family attached and detached homes, and to a lesser extent multi-level residential buildings.

Previous Intraday Trading Performance:

The LEN stock showed a previous change of 1.63% with an open at 51.40 and a close of 51.91. It reached an intraday high of 51.91 and a low of 51.24.

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Liquidity:

The stock has a market cap of $16.8b with 323.2m shares outstanding, of which the float is 322.8m shares. Trading volume reached 1,323,913 shares compared to its average volume of 2,438,196 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Lennar Corporation shares returned 0.19% and in the past 30 trading days it returned 1.92%. Over three months, it changed 4.65%. In one year it has changed 1.21% and within that year its 52-week high was 55.77 and its 52-week low was 37.29. LEN stock is 39.21% above its 52 Week Low.

Our calculations show a 200 day moving average of 47.12 and a 50 day moving average of 50.95. Currently LEN stock is trading 10.16% above its 200 day moving average.

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Earnings:

The last annual fiscal EPS for the company was reported at 5.34 that ended on 30th of November 2018, which according to the previous close, that is a PE of 9.72. Based on 6 analyst estimates, the consensus EPS for the next quarter is 0.75. The TTM EPS is 5.68, which comes to a TTM PE of 9.14. Historically, the PE high was 22.40 and the PE low was 9.14. LEN stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

Feb19 0.74
Nov18 2.42
Aug18 1.37
May18 0.94
Feb18 0.53

The dividend per share is currently 0.16, which is a dividend yield of 0.31%. Also, the payout ratio is 2.82%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 70.60, which means it is possibly undervalued and has a margin of safety of 26.48%.

Indicators to Watch:

Short-interest was 13,929,469, which was 4.31% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.24. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.28.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 12.81%, return on assets is 6.29%, profit margin is 8.48%, price-to-sales is 0.77 and price-to-book is 1.13.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 4  :Past Performance Score
 4  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.