As per Lennar Corporation (NYSE:LEN) statement on 2016-06-23, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.04 per share as dividend to stakeholders. The record date is set as 2016-07-08, the payout date as 2016-07-22 and the ex-dividend date is 2016-07-06.
Last fiscal Lennar Corporation (NYSE:LEN) disbursed cash dividend of $0.04. A year ago, the payout was $0.04, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.04, implying 0% growth.
For the period ended on 2015-11-30, Lennar Corporation (NYSE:LEN)’s earnings came at $0.95 per share compared to EPS of $0.96 a year ago. This quarter the firm can post earnings for quarter ending 2016-08-31 on or around 2016-09-20. For this quarter, the analysts have earnings estimate of $0.88 per share.
The interim price target for Lennar Corporation (NYSE:LEN) is set at $53.333. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Lennar Corporation (NYSE:LEN) is seen at $60 and the lowest level is established at $49. This broad range highlights a standard deviation of $3.614 in reported estimates.
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