Lennar (LEN) Registers a Bigger Fall Than the Market: Important Facts to Note

Company Overview - Lennar (LEN) ended the recent trading session at $154.13, showing a -0.61% change from the previous day's closing price, which lagged behind the S&P 500's daily loss of 0.38% [1] - Over the past month, shares of Lennar gained 4.52%, underperforming the Construction sector's gain of 8.53% and the S&P 500's gain of 4.74% [1] Earnings Forecast - The upcoming earnings release is anticipated, with an expected EPS of $2.21, reflecting a 4.25% increase from the same quarter last year [1] - Revenue is forecasted to be $7.44 billion, indicating a 14.7% increase compared to the same quarter of the previous year [1] - For the full year, earnings are projected at $14.36 per share and revenue at $36.09 billion, representing changes of +0.77% and +5.42% from the prior year, respectively [2] Analyst Sentiment - Recent revisions to analyst forecasts for Lennar are important, as they often reflect changes in short-term business dynamics [2] - Upbeat changes in estimates suggest a favorable outlook on the company's business health and profitability [2] Zacks Rank and Valuation - Lennar currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having moved 0.01% higher in the past month [3] - The company has a Forward P/E ratio of 10.8, which is a premium compared to the industry's average Forward P/E of 8.99 [3] - Lennar's PEG ratio stands at 2.02, compared to the Building Products - Home Builders industry's average PEG ratio of 0.83 [3] Industry Context - The Building Products - Home Builders industry is part of the Construction sector and has a Zacks Industry Rank of 17, placing it in the top 7% of over 250 industries [4] - The Zacks Industry Rank measures the strength of industry groups, indicating that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]