Lennar Corp. (LEN) Tops Q3 EPS by 18c, Revenues Beat

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Lennar Corp. (LEN) Declares $0.04 Quarterly Dividend; 0.4% Yield

October 4, 2018 4:33 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 November 2, 2018, to stockholders of record on October 19, 2018, with an ex-dividend date of October 18, 2018.

The annual yield on the dividend is 0.4 percent.

For... More

Lennar (LEN) PT Lowered to $55 at Credit Suisse Following 3Q

October 4, 2018 8:00 AM EDT

Credit Suisse analyst Susan Maklari lowered the price target on Lennar (NYSE: LEN) to $55.00 (from $65.00) while maintaining an Outperform rating following the company's 3Q earnings report. Results this quarter demonstrated Lennars ability to drive operating efficiencies through the cycle. With the integration of... More

Lennar (LEN) PT Lowered to $63 at RBC Capital

October 4, 2018 7:00 AM EDT

RBC Capital analyst Mike Dahl lowered the price target on Lennar (NYSE: LEN) to $63.00 (from $66.00) while maintaining a Outperform rating.

Dahl said the company is well-positioned to weather the current pause in growth.

FY18 EPS est. increases to $5.19 (from $5.04) and FY19E EPS... More

UPDATE: Lennar Corp. (LEN) Lowers Q4 Guidance

October 3, 2018 11:45 AM EDT

(Updated - October 3, 2018 12:00, 12:10 PM EDT)

Lennar Corp. (NYSE: LEN) sees Q4 EPS of $2.06, lower than its previous view but in-line with analyst estimates, according to Bloomberg.

Lennar sees Q4 deliveries of 14,500 and Q4 orders of 11,400. Average sales price is seen at about... More

Lennar (LEN) option implied volatility bid into EPS and outlook

October 2, 2018 6:07 AM EDT

Lennar Corp. (NYSE: LEN) October weekly call option implied volatility is at 42, November is at 34; compared to its 52-week range of 20 to 45 into the expected release of Q4 results before the open on October 3.

... More