Lennar Corp. (LEN) Reports In-Line Q4 EPS, Revenues Miss; 'Deferring Guidance for FY19 Until Markets Further Define Themselves'
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Go back to Lennar Corp. (LEN) Reports In-Line Q4 EPS, Revenues Miss; 'Deferring Guidance for FY19 Until Markets Further Define Themselves'
January 11, 2019 5:51 AM EST
Lennar Corporation (NYSE: LEN ) announced that its Board of Directors authorized the Company to repurchase from time to time up to $1 billion in value, or 25,000,000 in shares, of the Company's outstanding Class A or Class B common stock. The repurchase authorization has no expiration date. The purpose of the... More
January 11, 2019 5:50 AM EST
Lennar Corp. (NYSE: LEN) declared a quarterly dividend of $0.04 per share, or $0.16 annualized.
The dividend will be payable on February 8, 2019, to stockholders of record on January 25, 2019, with an ex-dividend date of January 24, 2019.
The annual yield on the dividend is 0.4 percent.
For... More
January 10, 2019 6:53 AM EST
RBC Capital analyst Mike Dahl lowered the price target on Lennar (NYSE: LEN) to $53.00 (from $58.00) while maintaining a Outperform rating.
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January 8, 2019 2:30 AM EST
JPMorgan analyst Michael Rehaut lowered the price target on Lennar (NYSE: LEN) to $48.00 (from $56.00) while maintaining a Overweight rating.
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January 7, 2019 4:01 AM EST
KeyBanc analyst Kenneth Zener upgraded Lennar (NYSE: LEN) from Sector Weight to Overweight with a price target of $50.00.
The analyst comments "Given LENs still ongoing acquisition of CalAtlantic, and with results still pro forma and including purchase accounting, we expect positive management... More
