Lennar Corporation (LEN): Today's Featured Materials & Construction Laggard
(
) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Lennar Corporation fell $1.50 (-4.0%) to $35.55 on average volume. Throughout the day, 7,403,380 shares of Lennar Corporation exchanged hands as compared to its average daily volume of 6,073,800 shares. The stock ranged in price between $35.03-$37.18 after having opened the day at $37.12 as compared to the previous trading day's close of $37.05. Other companies within the Materials & Construction industry that declined today were:
(
), down 9.5%,
Jewett-Cameron Trading Company
(
), down 6.3%,
(
), down 4.6% and
(
), down 3.8%.
Lennar Corporation, together with its subsidiaries, engages in homebuilding, financial services, and real estate businesses in the United States. Lennar Corporation has a market cap of $6.1 billion and is part of the industrial goods sector. Shares are down 3.2% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Lennar Corporation a buy, no analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Lennar Corporation
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Lennar Corporation Ratings Report.
On the positive front,
(
), up 13.7%,
Nuverra Environmental Solutions
(
), up 5.8%,
(
), up 5.8% and
(
), up 5.0% , were all gainers within the materials & construction industry with
(
) being today's featured materials & construction industry leader.
- Use our materials & construction section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider
(
) while those bearish on the materials & construction industry could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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