Lennar (NYSE:LEN.B – Get Free Report) announced its earnings results on Thursday. The construction company reported $1.31 earnings per share (EPS) for the quarter, Zacks reports. Lennar had a net margin of 4.93% and a return on equity of 7.04%. The business had revenue of $7.94 billion for the quarter.
Lennar Stock Performance
NYSE:LEN.B opened at $88.20 on Friday. The firm’s fifty day moving average price is $87.27 and its 200 day moving average price is $97.86. Lennar has a 1-year low of $79.50 and a 1-year high of $137.39. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.77 and a quick ratio of 0.97. The firm has a market cap of $21.79 billion, a price-to-earnings ratio of 13.80 and a beta of 1.32.
Lennar Company Profile
Lennar is a U.S.-based residential real estate company primarily engaged in the design, construction and sale of new homes. The company builds a range of housing products that typically include single-family detached homes, attached homes and planned community residences aimed at first-time buyers, move-up buyers and active-adult purchasers. Lennar’s operations span many metropolitan and regional housing markets across the United States, and the company is known for a high-volume, production-oriented homebuilding model.
In addition to core homebuilding, Lennar provides a suite of complementary services intended to simplify the homebuying process.
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