Lennar Corporation with ticker code (LEN) now have 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 153 and 85 calculating the mean target price we have $114.63. Given that the stocks previous close was at $111.01 and the analysts are correct then there would likely be a percentage uptick in value of 3.3%. The 50 day moving average now sits at $102.37 and the 200 day moving average is $89.71. The market cap for the company is $31,066m. Company Website: https://www.lennar.com
The potential market cap would be $32,079m based on the market consensus.
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. It also offers residential mortgage financing, title, insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
The company has a dividend yield of 1.37% with the ex dividend date set at 25-4-2023 (DMY).
Other points of data to note are a P/E ratio of 6.78, revenue per share of 117.97 and a 11.7% return on assets.
