Shares of Lennar Corporation (NYSE:LEN.B – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $71.68 and last traded at $71.4280, with a volume of 16,939 shares trading hands. The stock had previously closed at $74.62.
Lennar Stock Performance
The company has a quick ratio of 0.69, a current ratio of 4.94 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $18.31 billion, a price-to-earnings ratio of 14.55 and a beta of 1.30. The stock’s 50-day simple moving average is $80.65 and its 200 day simple moving average is $84.15.
Lennar (NYSE:LEN.B – Get Free Report) last posted its quarterly earnings data on Wednesday, September 16th. The construction company reported $1.23 earnings per share for the quarter. Lennar had a net margin of 4.09% and a return on equity of 6.15%. The company had revenue of $8.05 billion during the quarter.
About Lennar
Lennar Corporation is a homebuilding and real estate company headquartered in Miami, Florida. Founded in 1954, the company develops and builds single-family attached and detached homes, including offerings designed for first-time, move-up, luxury and active-adult buyers.
Lennar operates across numerous housing markets in the United States. In addition to homebuilding, its activities include land acquisition and development, multifamily apartment development, and the provision of related financial services.
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