Lennar Stock Hits New 52-Week High (LEN)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Friday as it is currently trading at $23.16, above its previous 52-week high of $23.11 with 3.6 million shares traded as of 12:10 p.m. ET. Average volume has been 6.3 million shares over the past 30 days.
Lennar has a market cap of $3.48 billion and is part of the
sector and
industry. Shares are up 10.6% year to date as of the close of trading on Thursday.
Lennar Corporation, together with its subsidiaries, engages in homebuilding, financial services, and real estate businesses in the United States. The company has a P/E ratio of 45.5, below the average materials & construction industry P/E ratio of 46.6 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Lennar as a
. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full
.
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