Lennar Corporation (NYSE:LEN.B – Get Free Report) shares reached a new 52-week low on Tuesday. The stock traded as low as $72.60 and last traded at $73.3160, with a volume of 219731 shares changing hands. The stock had previously closed at $78.69.
Lennar Price Performance
The firm has a market cap of $18.21 billion, a PE ratio of 14.29 and a beta of 1.30. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.94 and a quick ratio of 0.69. The business’s fifty day moving average is $81.64 and its 200-day moving average is $84.67.
Lennar (NYSE:LEN.B – Get Free Report) last released its earnings results on Wednesday, September 16th. The construction company reported $1.23 earnings per share for the quarter. Lennar had a net margin of 4.09% and a return on equity of 6.15%. The firm had revenue of $8.05 billion for the quarter.
Lennar Company Profile
Lennar Corporation is a homebuilding and real estate company headquartered in Miami, Florida. Founded in 1954, the company develops and builds single-family attached and detached homes, including offerings designed for first-time, move-up, luxury and active-adult buyers.
Lennar operates across numerous housing markets in the United States. In addition to homebuilding, its activities include land acquisition and development, multifamily apartment development, and the provision of related financial services.
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