Lennar (NYSE:LEN) Stock Unloaded Rep. Jefferson Shreve

Posted by Floyd Graber on Mar 11th, 2025

Representative Jefferson Shreve (R-Indiana) recently sold shares of Lennar Co. (NYSE:LEN). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $15,001 and $50,000 in Lennar stock on February 24th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

Purchased $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of Royal Gold (NASDAQ:RGLD) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of QUALCOMM (NASDAQ:QCOM) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 2/24/2025.
Sold $15,001 – $50,000 in shares of Norfolk Southern (NYSE:NSC) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of CoStar Group (NASDAQ:CSGP) on 2/24/2025.
Purchased $50,001 – $100,000 in shares of AbbVie (NYSE:ABBV) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of Johnson & Johnson (NYSE:JNJ) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of The Cigna Group (NYSE:CI) on 2/24/2025.
Purchased $15,001 – $50,000 in shares of Adobe (NASDAQ:ADBE) on 2/24/2025.

Lennar Stock Performance

Shares of LEN opened at $125.19 on Tuesday. The business’s 50-day moving average price is $128.89 and its 200-day moving average price is $157.12. Lennar Co. has a twelve month low of $116.67 and a twelve month high of $187.61. The stock has a market cap of $33.24 billion, a PE ratio of 8.73, a P/E/G ratio of 1.24 and a beta of 1.69. The company has a quick ratio of 1.06, a current ratio of 4.71 and a debt-to-equity ratio of 0.08.

Lennar (NYSE:LEN – Get Free Report) last announced its quarterly earnings results on Wednesday, December 18th. The construction company reported $4.03 earnings per share for the quarter, missing the consensus estimate of $4.15 by ($0.12). Lennar had a net margin of 11.10% and a return on equity of 13.93%. The company had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $10.06 billion. During the same quarter in the prior year, the company earned $4.82 earnings per share. The company’s quarterly revenue was down 9.3% on a year-over-year basis. On average, equities analysts forecast that Lennar Co. will post 12.48 EPS for the current fiscal year.

Lennar Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.60%. The ex-dividend date of this dividend was Wednesday, January 29th. Lennar’s dividend payout ratio (DPR) is presently 13.95%.

Institutional Trading of Lennar

A number of institutional investors have recently made changes to their positions in the stock. Cim LLC boosted its stake in shares of Lennar by 0.7% during the fourth quarter. Cim LLC now owns 29,702 shares of the construction company’s stock valued at $4,050,000 after purchasing an additional 212 shares during the period. Park Square Financial Group LLC purchased a new stake in Lennar in the fourth quarter worth $47,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Lennar in the fourth quarter worth $17,586,000. Brooklyn FI LLC purchased a new stake in Lennar in the fourth quarter worth $559,000. Finally, Jefferies Financial Group Inc. purchased a new stake in Lennar in the fourth quarter worth $612,000. Hedge funds and other institutional investors own 81.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on LEN shares. Keefe, Bruyette & Woods decreased their price objective on shares of Lennar from $170.00 to $152.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th. Bank of America decreased their price objective on shares of Lennar from $150.00 to $140.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Wolfe Research cut shares of Lennar from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 8th. Royal Bank of Canada decreased their price objective on shares of Lennar from $130.00 to $125.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. Finally, The Goldman Sachs Group decreased their price objective on shares of Lennar from $190.00 to $162.00 and set a “neutral” rating on the stock in a research report on Monday, December 23rd. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Lennar has an average rating of “Hold” and an average price target of $163.88.

Read Our Latest Stock Report on LEN

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

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Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Lennar Company Profile

(Get Free Report)

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company’s homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.