Lennar Stock Price on August 22, 2024
| LEN Stock | USD 138.08 0.32 0.23% |
Below is the normalized historical share price chart for Lennar extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Lennar stands at 138.08, as last reported on the 21st of December, with the highest price reaching 139.89 and the lowest price hitting 136.57 during the day.
If you're considering investing in Lennar Stock, it is important to understand the factors that can impact its price. Lennar has Sharpe Ratio of -0.23, which conveys that the firm had a -0.23% return per unit of risk over the last 3 months. Lennar exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lennar's Mean Deviation of 1.5, standard deviation of 2.03, and Risk Adjusted Performance of (0.18) to check out the risk estimate we provide.
At this time, Lennar's Total Stockholder Equity is very stable compared to the past year. As of the 21st of December 2024, Liabilities And Stockholders Equity is likely to grow to about 47.4 B, while Common Stock Shares Outstanding is likely to drop about 181.5 M. . At this time, Lennar's Price Book Value Ratio is very stable compared to the past year. As of the 21st of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 39.10, while Price To Sales Ratio is likely to drop 0.38. Lennar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of November 1987 | 200 Day MA 166.7495 | 50 Day MA 169.0476 | Beta 1.619 |
Lennar |
Sharpe Ratio = -0.2256
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Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lennar is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Lennar by adding Lennar to a well-diversified portfolio.
Price Book 1.347 | Enterprise Value Ebitda 7.2139 | Price Sales 1.0255 | Shares Float 241.2 M | Wall Street Target Price 170.2 |
Lennar Valuation on August 22, 2024
It is possible to determine the worth of Lennar on a given historical date. On August 22, 2024 Lennar was worth 178.56 at the beginning of the trading date compared to the closed value of 178.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lennar stock. Still, in general, we apply an absolute valuation method to find Lennar's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Lennar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lennar's related companies.
| Open | High | Low | Close | Volume | |
| 175.70 | 179.99 | 175.11 | 178.56 | 2,746,528 | |
08/22/2024 | 178.56 | 179.89 | 177.27 | 178.25 | 1,123,311 |
| 180.47 | 185.17 | 179.48 | 184.51 | 1,962,090 |
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Lennar Trading Date Momentum on August 22, 2024
| On August 23 2024 Lennar was traded for 184.51 at the closing time. Highest Lennar's price during the trading hours was 185.17 and the lowest price during the day was 179.48 . The net volume was 2 M. The overall trading history on the 23rd of August contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 3.51% . The trading delta at closing time to current price is 2.00% . |
Lennar Fundamentals Correlations and Trends
By evaluating Lennar's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lennar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lennar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lennar Stock history
Lennar investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Lennar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lennar will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Lennar stock prices may prove useful in developing a viable investing in Lennar
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 272 M | 181.5 M | |
| Net Income Applicable To Common Shares | 4.5 B | 4.8 B |
Lennar Quarterly Net Working Capital |
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Lennar Stock Technical Analysis
Lennar technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Lennar Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Lennar cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Lennar December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Lennar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lennar shares will generate the highest return on investment. By undertsting and applying Lennar stock market strength indicators, traders can identify Lennar entry and exit signals to maximize returns
Lennar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lennar's price direction in advance. Along with the technical and fundamental analysis of Lennar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lennar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (2.25) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lennar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Lennar Stock, please use our How to Invest in Lennar guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lennar. If investors know Lennar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lennar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.101 | Earnings Share 14.28 | Revenue Per Share 132.561 | Quarterly Revenue Growth 0.079 | Return On Assets 0.0878 |
The market value of Lennar is measured differently than its book value, which is the value of Lennar that is recorded on the company's balance sheet. Investors also form their own opinion of Lennar's value that differs from its market value or its book value, called intrinsic value, which is Lennar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lennar's market value can be influenced by many factors that don't directly affect Lennar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lennar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.