Latest news with #LEN
Yahoo
18 hours ago
- Business
- Yahoo
What To Expect From Lennar's (LEN) Q2 Earnings
Homebuilder Lennar (NYSE:LEN) will be announcing earnings results tomorrow after market close. Here's what investors should know. Lennar beat analysts' revenue expectations by 2% last quarter, reporting revenues of $7.63 billion, up 4.4% year on year. It was a mixed quarter for the company, with an impressive beat of analysts' EPS estimates but a miss of analysts' backlog estimates. Is Lennar a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Lennar's revenue to decline 5.5% year on year to $8.29 billion, a reversal from the 9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.94 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lennar has missed Wall Street's revenue estimates twice over the last two years. With Lennar being the first among its peers to report earnings this season, we don't have anywhere else to look to get a hint at how this quarter will unravel for industrials stocks. However, investors in the segment have had steady hands going into earnings, with share prices flat over the last month. Lennar is down 2.3% during the same time and is heading into earnings with an average analyst price target of $132.69 (compared to the current share price of $108.64). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Yahoo
2 days ago
- Business
- Yahoo
Lennar to Post Q2 Earnings: What's in Store for the Stock?
Lennar Corporation LEN is slated to report second-quarter fiscal 2025 results (ended May 31) after the closing bell on June the last reported quarter, the company's earnings and total revenues missed the Zacks Consensus Estimate by 23% and 1.6%, respectively. Notably, this Miami-based homebuilder surpassed earnings expectations in three of the trailing four quarters and missed on the other occasion, with the average surprise being 8.3%. The Zacks Consensus Estimate for LEN's earnings per share (EPS) has declined to $1.97 from $1.98 over the past seven days. The estimated figure indicates a decrease of 41.7% from the year-ago profit level of $3.38 per share. (Find the latest earnings estimates and surprises on Zacks Earnings Calendar.) Lennar Corporation price-eps-surprise | Lennar Corporation Quote The consensus estimate for revenues is pegged at $8.3 billion, indicating a 5.3% decrease from the year-earlier level. Lennar's second-quarter fiscal 2025 is expected to have been challenging due to persistent housing market pressures, including high mortgage rates and rising homebuilding costs, which continue to strain affordability and buyer demand. These factors are likely to have weighed on financial performance, with revenues, margins and EPS expected to counter the affordability issues, Lennar has focused on dynamic pricing, digital marketing, with increased incentives and mortgage rate buydowns to support its prospects. However, the current uncertainties surrounding the housing market are expected to have overshadowed its efforts to target a solid top-line performance. LEN expects home deliveries during the quarter between 19,500 units and 20,500 units compared with 19,690 units delivered in the year-ago period. However, delivery ASP is expected to be between $390,000 and $400,000, down from $426,000 reported a year ago. Our model predicts home deliveries to be up 2.1% to 20,110 units, with the ASP of the delivered units declining 8% to $391, the fiscal quarter, we expect home sales to decline 5.7% year over year to $7.88 billion. Homebuilding revenues are expected to be $7.91 billion, down from $8.38 billion a year ago. Lennar expects new orders to be in the range of 22,500-23,500 units, up from 21,293 units reported a year ago. Our estimate for new orders is currently pegged at 22,862 units, indicating a 7.4% increase from a year ago. Our model predicts a backlog (units and values) of 15,898 homes or $7.21 billion compared with the year-ago quarter's figures of 17,873 units or $8.23 billion. The bottom line of Lennar is expected to have trended south due to its increased approach toward high sales incentives, lower ASP of home deliveries, decreased revenues per square and increased land costs. The company expects the homebuilding gross margin to be around 18%, indicating a year-over-year decline from 22.6%. Higher mortgage rates likely pressured Lennar's ability to maintain strong Lennar expects homebuilding selling, general and administrative (SG&A) expenses, as a percentage of home sales, to be in the range of 8-8.2%. Our model predicts homebuilding SG&A to be 8.2% compared with the year-ago quarter's figure of 7.5%.Financial Services operating earnings are expected to be $135-$145 million. Our model predicts the metric to decline 7.5% to $136 million. Our proven model does not conclusively predict an earnings beat for Lennar this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here, as you will see Earnings ESP: The company has an Earnings ESP of -6.46%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Zacks Rank: Lennar currently carries a Zacks Rank #4 (Sell). Here are some stocks from the Zacks Construction space that investors may consider, as our model shows that these have the right combination of elements to beat estimates this time Industries, Inc. DY has an Earnings ESP of +0.51% and a Zacks Rank of 1. You can see the complete list of today's Zacks #1 Rank stocks earnings for the quarter-to-be-reported are expected to increase 16.7%. The company reported better-than-expected earnings in each of the last four quarters, the average surprise being 21.5%.TopBuild Corp. BLD currently has an Earnings ESP of +1.31% and a Zacks Rank of reported better-than-expected earnings in three of the last four quarters and missed once, the average surprise being 0.5%. The company's earnings for the quarter-to-be-reported are expected to decrease 5.9%.Martin Marietta Materials, Inc. MLM currently has an Earnings ESP of +2.2% and a Zacks Rank of Marietta 's earnings for the quarter-to-be-reported are expected to increase 5.5%. The company reported better-than-expected earnings in one of the last four quarters and missed thrice, the average negative surprise being 2.8%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lennar Corporation (LEN) : Free Stock Analysis Report Martin Marietta Materials, Inc. (MLM) : Free Stock Analysis Report Dycom Industries, Inc. (DY) : Free Stock Analysis Report TopBuild Corp. (BLD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Lennar (LEN) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest market close, Lennar (LEN) reached $111.50, with a -1.81% movement compared to the previous day. This change lagged the S&P 500's daily loss of 0.27%. The homebuilder's stock has climbed by 1.05% in the past month, falling short of the Construction sector's gain of 3.59% and the S&P 500's gain of 6.9%. The investment community will be paying close attention to the earnings performance of Lennar in its upcoming release. The company is slated to reveal its earnings on June 16, 2025. The company's earnings per share (EPS) are projected to be $1.98, reflecting a 41.42% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $8.3 billion, down 5.26% from the year-ago period. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $10.15 per share and revenue of $36.09 billion. These totals would mark changes of -26.77% and +1.84%, respectively, from last year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Lennar. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Lennar is currently a Zacks Rank #4 (Sell). In terms of valuation, Lennar is currently trading at a Forward P/E ratio of 11.19. This represents a premium compared to its industry average Forward P/E of 9.77. We can additionally observe that LEN currently boasts a PEG ratio of 3.1. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Building Products - Home Builders industry was having an average PEG ratio of 1.82. The Building Products - Home Builders industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 220, positioning it in the bottom 11% of all 250+ industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lennar Corporation (LEN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-06-2025
- Business
- Yahoo
Lennar (LEN) Stock Moves -0.15%: What You Should Know
The latest trading session saw Lennar (LEN) ending at $110.06, denoting a -0.15% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily loss of 0.53%. Elsewhere, the Dow saw a downswing of 0.26%, while the tech-heavy Nasdaq depreciated by 0.83%. Coming into today, shares of the homebuilder had gained 2.24% in the past month. In that same time, the Construction sector gained 3.1%, while the S&P 500 gained 5.17%. Analysts and investors alike will be keeping a close eye on the performance of Lennar in its upcoming earnings disclosure. The company's earnings report is set to go public on June 16, 2025. On that day, Lennar is projected to report earnings of $1.98 per share, which would represent a year-over-year decline of 41.42%. In the meantime, our current consensus estimate forecasts the revenue to be $8.3 billion, indicating a 5.26% decline compared to the corresponding quarter of the prior year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $10.15 per share and a revenue of $36.09 billion, indicating changes of -26.77% and +1.84%, respectively, from the former year. Investors should also pay attention to any latest changes in analyst estimates for Lennar. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Lennar presently features a Zacks Rank of #4 (Sell). From a valuation perspective, Lennar is currently exchanging hands at a Forward P/E ratio of 10.86. This denotes a premium relative to the industry's average Forward P/E of 9.36. Also, we should mention that LEN has a PEG ratio of 3.01. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. LEN's industry had an average PEG ratio of 1.77 as of yesterday's close. The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 226, finds itself in the bottom 9% echelons of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow LEN in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lennar Corporation (LEN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
3 S&P 500 Stocks Facing Headwinds
The S&P 500 (^GSPC) is often seen as a benchmark for strong businesses, but that doesn't mean every stock is worth owning. Some companies face significant challenges, whether it's stagnating growth, heavy debt, or disruptive new competitors. Picking the right S&P 500 stocks requires more than just buying big names, and that's where StockStory comes in. Keeping that in mind, here are three S&P 500 stocks to steer clear of and a few alternatives to consider. Market Cap: $276.4 billion Launched in 1999 from a rented one-bedroom apartment in San Francisco by Marc Benioff and his three co-founders, Salesforce (NYSE:CRM) is a software-as-a-service platform that helps companies access, manage, and share sales information such as leads. Why Does CRM Fall Short? Sizable revenue base leads to growth challenges as its 12.7% annual revenue increases over the last three years fell short of other software companies Customers had second thoughts about committing to its platform over the last year as its average billings growth of 8.1% underwhelmed Estimated sales growth of 7.6% for the next 12 months implies demand will slow from its three-year trend At $287.98 per share, Salesforce trades at 6.9x forward price-to-sales. Read our free research report to see why you should think twice about including CRM in your portfolio, it's free. Market Cap: $28.73 billion One of the largest homebuilders in America, Lennar (NYSE:LEN) is known for constructing affordable, move-up, and retirement homes across a range of markets and communities. Why Are We Out on LEN? Backlog has dropped by 22.1% on average over the past two years, suggesting it's losing orders as competition picks up Performance over the past two years shows its incremental sales were much less profitable, as its earnings per share fell by 10.8% annually Free cash flow margin dropped by 13.3 percentage points over the last five years, implying the company became more capital intensive as competition picked up Lennar is trading at $110.23 per share, or 8.5x forward P/E. If you're considering LEN for your portfolio, see our FREE research report to learn more. Market Cap: $25.08 billion Created from the 2016 merger of Quintiles (a clinical research organization) and IMS Health (a healthcare data specialist), IQVIA (NYSE:IQV) provides clinical research services, data analytics, and technology solutions to help pharmaceutical companies develop and market medications more effectively. Why Are We Cautious About IQV? Annual sales growth of 3.4% over the last two years lagged behind its healthcare peers as its large revenue base made it difficult to generate incremental demand Underwhelming constant currency revenue performance over the past two years suggests its product offering at current prices doesn't resonate with customers Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 3 percentage points IQVIA's stock price of $144.95 implies a valuation ratio of 11.9x forward P/E. To fully understand why you should be careful with IQV, check out our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
