Lennar Corporation Slips to 371st in Trading Volume Ranking as Shares Plummet 38.84 Percent
On April 1, 2025, Lennar CorporationLEN.B-- (LEN) experienced a significant decline in trading volume, with a total of $236 million in shares traded, marking a 38.84% decrease from the previous day. This drop placed LennarLEN-- at the 371st position in terms of trading volume for the day. The stock price of Lennar closed at $114.22, down 0.24% from the previous day's close.
Lennar Corporation is one of the largest public homebuilders in the United States, with a strong focus on first-time homebuyers, move-up buyers, and active adults. The company's financial strength is evident in its quick ratio of 4.85, indicating a robust ability to cover short-term obligations. Additionally, Lennar's return on assets, normalized at 9.60%, reflects its efficient use of assets to generate profit.
Lennar's stock has been the subject of various analyses and forecasts. In the current month, the stock has received 7 Buy Ratings, 23 Hold Ratings, and 0 Sell Ratings from analysts. The average analyst price target for LENLEN-- over the past three months is $131.62, suggesting a potential upside from the current trading price.
Lennar's revenue performance has been notable, with annual revenue reaching $35.44 billion, reflecting a 3.53% growth. However, the company reported a quarterly revenue of $9.95 billion for the period ending November 30, 2024, which represents a decrease of 9.31% compared to the previous quarter. This decline in revenue may have contributed to the recent drop in trading volume and stock price.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments
No comments yet