What's Happening with LEN
Lennar Corp (LEN) is scheduled to report Quarter 1 numbers after market close on March 14. Analysts forecast the company will earn $1.55 per share for the quarter. During the same period last year, the company earned $1.69 per share. The stock is up 5.70% on the year.
Technical Analysis
LEN was recently trading at $97.22, down $12.06 from its 12-month high and $34.68 above its 12-month low. InvestorsObserver gives LEN a 86 long-term technical score and a 93 short-term technical score. The stock has recent support above $92.67 and recent resistance below $104. Of the 14 analysts who cover the stock 7 rate it Strong Buy, 0 rate it Buy, 6 rate it Hold, 0 rate it Sell, and 1 rate it Strong Sell, LEN gets an overall score of 75 from InvestorsObserver.
Analysts' Thoughts
LEN has shown an annual earnings growth of 34.48% over the last five years, and, looking ahead, analysts expect the company's profits to rise 23.70% per annum over the next five years. Last quarter the company posted worse than expected EPS and this quarter the street expects earnings of $1.55 per share. LEN is currently trading at $97.22 with an average price target of $101.67.