Lennar Corporation (LEN): Today's Featured Materials & Construction Loser

The materials & construction industry closed the day down 3.3%. Pure Cycle Corporation ( PCYO), Louisiana-Pacific ( LPX), US Concrete Inc ( USCR), and Real Goods Solar Inc ( RSOL) were all decliners today within the materials & construction industry with Lennar Corporation ( LEN) being today's featured materials & construction loser. Lennar Corporation fell $1.03 (-6%) to $15.99 on average volume. Throughout the day, 7.8 million shares of Lennar Corporation exchanged hands as compared to its average daily volume of 5.4 million shares.

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 $3.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 33.5, below the average materials & construction industry P/E ratio of 34.1 and above the S&P 500 P/E ratio of 17.7. Shares are down 9.2% year to date as of the close of trading on Monday.

TheStreet Ratings rates Lennar as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including generally poor debt management, disappointing return on equity and poor profit margins.

On the positive front, Guanwei Recycling ( GPRC), Patrick Industries Inc ( PATK), Casella Waste Systems Inc ( CWST), and Masco Corporation ( MAS) were all gainers within the materials & construction industry with Sherwin-Williams Company ( SHW) being today's featured materials & construction industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider SPDR S&P Homebuilders ETF ( XHB) while those bearish on the materials & construction industry could consider ProShares Short Basic Materials Fd ( SBM).

null

More from Markets

Global Stocks Retreat as U.S.-China Trade War Intensifies

Global Stocks Retreat as U.S.-China Trade War Intensifies

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods