Lennar Corporation Declares Quarterly Dividends

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FBR Capital Raises Price Target on Lennar Corp. (LEN) Following 2Q15 Results

June 25, 2015 6:44 AM EDT

FBR Capital reiterates an Outperform rating on Lennar (NYSE: LEN), and raised the price target to $59.00 (from $57.00), following LEN's 2Q15 results. LEN reported EPS of $0.79, which exceeded consensus of $0.64.

Analyst Patrick Kealey commented, "We are reiterating our Outperform rating and increasing our price... More

Compass Point Raises Price Target on Lennar Corp. (LEN) Following Q2 EPS Beat

June 24, 2015 1:41 PM EDT

Compass Point maintains a Neutral rating on Lennar (NYSE: LEN), and raised the price target to $50.00 (from $49.00), following 2Q15 results. LEN reported 2Q15 EPS of $0.79, beating the Streets consensus estimate of $0.64.

Analyst Wilkes Graham commented, "We maintain our Neutral rating and raise our price target to $50.00 from $49.00 on shares of LEN. LEN reported blowout second quarter earnings characterized by a 15 cent headline beat, 21% closings growth, 18% orders growth, a 20 bp HB margin beat, and a 110 bp SG&A margin beat.... More

Lennar Corp. (LEN) Declares $0.04 Quarterly Dividend; 0.3% Yield

June 23, 2015 4:42 PM EDT

Lennar Corp. (NYSE: LEN) declared a quarterly dividend of $0.04 per share, or $0.16 annualized.

The dividend will be payable on July 22, 2015, to stockholders of record on July 8, 2015, with an ex-dividend date of July 6, 2015.

The annual yield on the dividend is 0.3 percent.

For... More