Lennar (NYSE:LEN.B) Posts Quarterly Earnings Results

by · The Markets Daily

Lennar (NYSE:LEN.B – Get Free Report) posted its earnings results on Wednesday. The construction company reported $1.19 EPS for the quarter, reports. Lennar had a net margin of 4.93% and a return on equity of 7.08%.

Lennar Stock Performance

Shares of Lennar stock opened at $76.97 on Thursday. Lennar has a 52 week low of $75.18 and a 52 week high of $132.80. The company has a quick ratio of 0.91, a current ratio of 4.91 and a debt-to-equity ratio of 0.19. The business has a 50 day moving average price of $82.78 and a 200-day moving average price of $86.36. The company has a market cap of $18.54 billion, a PE ratio of 12.05 and a beta of 1.32.

Lennar Company Profile

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Lennar Corporation is a homebuilder that designs, constructs, sells and arranges financing for single-family homes. Its residential offerings include entry-level, move-up, active-adult and luxury homes, as well as homes built for rental communities. Lennar also develops the land and infrastructure needed for many of its communities and offers related services to homebuyers.

The company operates through homebuilding divisions serving numerous markets across the United States. Its complementary businesses include mortgage financing, title and closing services, and insurance-related products, which support customers throughout the home-purchase process.

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