|Bid||100.25 x 1100|
|Ask||100.98 x 900|
|Day's Range||99.85 - 101.67|
|52 Week Range||69.41 - 110.61|
|Beta (5Y Monthly)||1.50|
|PE Ratio (TTM)||9.39|
|Earnings Date||Sep. 20, 2021|
|Forward Dividend & Yield||1.00 (0.99%)|
|Ex-Dividend Date||Jul. 01, 2021|
|1y Target Est||117.25|
Record low mortgage rates along with declining material prices and rising jobs in the construction sector are helping the housing industry to regain momentum.
There are only an estimated three months of housing supply and a home shortage of 5.2 million across the country. This is good news for anyone in the business of building homes, otherwise known as the homebuilders. Coupled with soaring housing prices, there is a huge economic tailwind for the housing industry that could continue over the next decade.
Lennar (LEN) closed the most recent trading day at $100.25, moving +1.83% from the previous trading session.