Lennar Stock Trails Sector as Q1 EPS Seen Down 55% to $0.96
Lennar fell 1.99%, underperforming the S&P 500, Dow and Nasdaq, and its 1.66% gain over the past month trails the construction sector’s 6.21% rise. Analysts forecast Q1 EPS of $0.96 (-55%) on $6.83B revenue (-10.5%) and the stock trades at a 17.2 forward P/E with a Zacks Rank #4 Sell rating.
1. Share Performance and Market Comparison
Lennar shares closed at $108.41, down 1.99% on March 4, underperforming the S&P 500’s 0.94% decline, the Dow’s 0.83% drop and the Nasdaq’s 1.02% loss.
2. Month-to-Date and Sector Trends
Over the past month, Lennar stock has risen 1.66%, lagging the 6.21% gain in the Construction sector but outperforming the S&P 500’s 1.3% loss.
3. First-Quarter Earnings Outlook
Analysts project Q1 EPS of $0.96, a 55% decrease year-over-year, on revenue of $6.83 billion, down 10.47% compared with the prior-year quarter, ahead of the March 12 earnings release.
4. Valuation and Analyst Rank
Lennar trades at a forward P/E of 17.17 versus a 14.22 industry average, holds a PEG ratio of 1.61 compared to the industry’s 1.73, and carries a Zacks Rank #4 (Sell) with the Building Products – Home Builders industry ranked in the bottom 6%.