How to Buy Lennar Stock
Lennar Corp
Lennar is a construction company located in Florida, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker LEN on the NYSE exchange.
Lennar stock last closed at $152.79, down 0.86% from the previous day, and has increased 37.64% in one year. It has overperformed other stocks in the Residential Construction industry by 0.02 percentage points. Lennar stock is currently +48.48% from its 52-week low of $102.90, and -11.47% from its 52-week high of $172.59.
At the moment, there are 278.34M shares of LEN outstanding. The market value of LEN is $42.53B. In the last 24 hours, 2.06M LEN shares were traded.
How to Buy Lennar Stock
Not sure how to invest in Lennar stock? Here's how.
- Choose where to buy Lennar stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Lennar stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your payment method and add your information.
- Analyze Lennar stock: The Lennar ticker symbol is LEN. Is Lennar stock a good investment? Should you buy shares of LEN? How do LEN's underlying business fundamentals look? Do top analysts think Lennar is a good buy? Why has LEN's stock price moved recently? (Hint: Our stock market research tools can help you understand if LEN is a good stock to buy).
- Place your LEN trade: Decide if you will purchase LEN shares at the current market price or use a limit order to buy LEN shares at a particular price.
- Keep tabs on your LEN investment: Create a watchlist to watch your new investment in Lennar stock.
Step 1: Choose where to buy Lennar stock
You need a brokerage account to access the NYSE market and buy LEN stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you can buy LEN stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new trading account.
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Step 3: Fund your brokerage account
Now that you have opened your account on the best stock buying app, you need to deposit funds:
Watch this video walkthrough for more details depositing money into your investment account.
Step 4: Analyze Lennar stock
Once you have identified the best place to buy Lennar stock, it's critical to evaluate their stock before you invest, so you truly wrap your head around the risk as well as the upside.
Lennar stock data
Lennar Fundamentals
WallStreetZen was designed to help part-time investors do better fundamental analysis in less time.
You can view all of the due diligence checks on LEN's stock page.
Is LEN stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge LEN's fair value.
Using relative valuations metrics:
- LEN may be undervalued based on its P/E ratio of 10.73x, relative to Residential Construction industry P/E ratio of 11.3x
- LEN may be undervalued based on its P/B ratio of 1.6x, relative to Residential Construction industry P/B ratio of 1.94x
- LEN may be undervalued based on its PEG ratio of 0.51x
You can do additional valuation analysis on LEN's stock here.
LEN Financial Health Overview
Positive Financial Indicators:
- LEN earnings of $5.33B is not sufficient to cover its interest payments.
- LEN's operating cash flow of $4.57B allows it to safely service it's debt of $2.83B.
- Total LEN debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- LEN profit margin has gone down from 13.9% to 11.6% in the past year.
- LEN has a relatively high debt to equity ratio of 0.46.
Is LEN stock a Buy, Hold, or Sell, according to analysts?
Out of 13 Equities analysts who research LEN, the consensus analyst rating on LEN is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest LEN Analyst Forecasts
John Lovallo, a top 5% analyst from UBS maintains LEN with a strong buy rating and raises their LEN price target from $190.00 to $198.00, on Mar 15, 2024.
Stephen Kim, a top 8% analyst from Evercore ISI Group maintains LEN with a buy rating and raises their LEN price target from $224.00 to $238.00, on Mar 15, 2024.
Sam Reid, a top 27% analyst from Wells Fargo maintains LEN with a strong buy rating and raises their LEN price target from $165.00 to $175.00, on Mar 15, 2024.
Matthew Bouley, a top 1% analyst from Barclays maintains LEN with a strong buy rating and raises their LEN price target from $173.00 to $180.00, on Mar 15, 2024.
Buck Horne, a top 12% analyst from Raymond James maintains LEN with a buy rating and raises their LEN price target from $150.00 to $165.00, on Dec 19, 2023.
You can dig deeper into what analysts are forecasting on the Lennar stock forecast page.
LEN Technical Indicators
LEN Performance Numbers
Last year, LEN earnings were $4.06B. In the last 5 year, LEN's earnings have gone up by 20.65% per year. This was slower than the Residential Construction industry average of 23.69%.
Last year, LEN revenue was $35.06B. Over the past 5 year, LEN's revenue has gone up by 10.31% per year. This was slower than the Residential Construction industry average of 12.05%.
You can analyze LEN's earnings and revenue performance here.
Are LEN executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at LEN have sold more shares than they have bought.
Amy Banse, Director of LEN, was the latest LEN insider to buy. They bought $247,275.00 worth of LEN stock on Apr 10, 2024.
Get more info about who owns LEN stock here.
Can I get consistent income from LEN stock?
Lennar pays a dividend of 1.15%, compared to the Residential Construction industry's average dividend yield of 0.98%. If you owned $1,000 of LEN stock, you would have been paid $11.45 last year.
Lennar dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Lennar dividend yield and history here.
What do other investors have to say about LEN?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your LEN trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, use a limit order.
Press the Open button and your broker will place your order.
If you need additional help investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your LEN investment
Now that you own some shares in LEN, you'll want to stay up-to-date on your new shares.
Add LEN to a watchlist to monitor your LEN stock.
LEN Feed
How to Buy Stock in Lennar
To summarize, here are the 6 steps to buy stock in Lennar:
- Choose where to buy Lennar stock
- Sign up for your brokerage account
- Fund your brokerage account
- Analyze Lennar stock
- Place your LEN trade
- Keep tabs on your LEN investment
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Lennar, add LEN to your watchlist by clicking the button below.
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