Lennar Corporation with ticker code (LEN) have now 16 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 153 and 85 suggesting an average Analsyt target price of $114.63. Now with the previous closing price of $109.30 this now indicates there is a potential upside of 4.9%. It’s also worth noting that there is a 50 day moving average of $101.50 and the 200 day MA is $88.88. The company has a market cap of $32,206m. You can visit the company’s website by visiting: https://www.lennar.com
The potential market cap would be $33,777m 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 7.03, revenue per share of 117.97 and a 11.7% return on assets.
