Lennar Corporation (NYSE:LEN.B – Get Free Report)’s stock price shot up 6.2% on Thursday. The stock traded as high as $81.36 and last traded at $81.9760. 24,152 shares changed hands during trading, a decline of 71% from the average session volume of 82,866 shares. The stock had previously closed at $77.16.
Lennar Stock Performance
The company has a current ratio of 4.94, a quick ratio of 0.69 and a debt-to-equity ratio of 0.20. The firm’s fifty day moving average price is $79.99 and its 200-day moving average price is $83.97. The firm has a market cap of $19.98 billion, a price-to-earnings ratio of 15.88 and a beta of 1.30.
Lennar (NYSE:LEN.B – Get Free Report) last announced its quarterly earnings results on Wednesday, September 16th. The construction company reported $1.23 EPS 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.
About Lennar
Lennar Corporation is a homebuilder that designs, constructs and sells single-family homes and multifamily properties across many of the largest housing markets in the United States. Its residential offerings include homes for first-time, move-up and active-adult buyers, with communities marketed under the Lennar brand and a range of floor plans, locations and features.
The company also operates businesses that support the homebuying process, including mortgage financing, title and closing services, and insurance-related services.
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