Lennar Corporation (LEN): Today's Featured Materials & Construction Winner
(
) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole was unchanged today. By the end of trading, Lennar Corporation rose 47 cents (1.8%) to $27.29 on average volume. Throughout the day, 8.1 million shares of Lennar Corporation exchanged hands as compared to its average daily volume of seven million shares. The stock ranged in a price between $25.95-$27.69 after having opened the day at $26.76 as compared to the previous trading day's close of $26.82. Other companies within the Materials & Construction industry that increased today were:
Integrated Electrical Services
(
), up 9.2%,
(
), up 5.6%,
(
), up 4.9%, and
(
), up 4.3%.
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 $4.54 billion and is part of the
sector. The company has a P/E ratio of 68.5, below the average materials & construction industry P/E ratio of 70.1 and above the S&P 500 P/E ratio of 17.7. Shares are up 36.5% year to date as of the close of trading on Wednesday. Currently there are eight analysts that rate Lennar Corporation a buy, no analysts rate it a sell, and seven rate it a hold.
TheStreet Ratings rates Lennar Corporation as a
. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity.
- You can view the full Lennar Ratings Report.
On the negative front,
(
), down 8.2%,
Perma-Fix Environmental Services
(
), down 6.7%,
(
), down 6.2%, and
(
), down 5.1%, were all losers within the materials & construction industry with
(
) being today's materials & construction industry loser.
- 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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