Stock price performance of Lennar Corporation is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 9.43% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -2.92% . Looking at the past 52 week period, the stock price is up at 14.19% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Lennar Corporation has a negative value of -11.23 compared to overall market performance. The stock has recorded a 20-day Moving Average of 3.65% and the 50-Day Moving Average is 4.7%.The 200 Day SMA reached 2.23%
Lennar Corporation is having a Relative Strength Index of 55.58 which indicates the stock is not yet over sold or over bought based on the technical indicators. Lennar Corporation (NYSE:LEN) has tumbled 1.42% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.32% in the last four weeks. The stocks have underperformed the S&P 500 by 1.54% during the past week but Lennar Corporation (NYSE:LEN) it has outperformed the index in 4 weeks by 2.4%.
Company has reported several Insider transactions to the SEC, on Jan 5, 2017, Jonathan M Jaffe (Vice President/COO) sold 20,000 shares at 43.05 per share price.On Sep 2, 2016, Irving Bolotin (director) sold 75,228 shares at 31.23 per share price.On Apr 8, 2016, Sherrill W Hudson (director) sold 2,500 shares at 47.54 per share price.
Lennar Corporation Last issued its quarterly earnings results on Dec 19, 2016. The company reported $1.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $1.27. The company had revenue of $3376.60 million for the quarter, compared to analysts expectations of $3314.39 million. The companys revenue was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.21 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Lennar Corporation was Initiated by Barclays on Jan 6, 2017 to Overweight, Price Target of the shares are set at $50.
Lennar Corporation (NYSE:LEN) : On Friday heightened volatility was witnessed in Lennar Corporation (NYSE:LEN) which led to swings in the share price. The stock opened for trading at $45.11 and hit $45.22 on the upside , eventually ending the session at $45.14, with a gain of 0.74% or 0.33 points. The heightened volatility saw the trading volume jump to 1,997,260 shares. The 52-week high of the share price is $49.6 and the company has a market cap of $10,585 million. The 52-week low of the share price is at $37.14 .
Lennar Corp is one of the nations leading builders of quality homes for all generations, building affordable, move-up and retirement homes. Under the Lennar Family of Builders banner, the Company includes the following brand names: Lennar Homes, U.S. Home, Greystone Homes, Village Builders, Renaissance Homes, Orrin Thompson Homes, Lundgren Bros., Winncrest Homes, Sunstar Communities, Don Galloway Homes, Patriot Homes, NuHome, Barry Andrews Homes, Concord Homes, Summit Homes, Cambridge Homes, Seppala Homes, Genesee and Rutenberg Homes.