Lennar Co. (NYSE:LEN.B)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as low as $38.26. Lennar shares last traded at $38.29, with a volume of 751 shares traded.
Separately, ValuEngine upgraded Lennar from a “sell” rating to a “hold” rating in a report on Tuesday, April 16th.
The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.79 and a current ratio of 13.93. The firm has a market cap of $12.34 billion, a price-to-earnings ratio of 7.09 and a beta of 1.09. The stock has a fifty day moving average price of $38.62.
The firm also recently declared a quarterly dividend, which was paid on Thursday, July 25th. Investors of record on Thursday, July 11th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date was Wednesday, July 10th.
Lennar Company Profile (NYSE:LEN.B)
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Lennar Financial Services, Lennar Multifamily, and Rialto segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land.
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