Lennar Corporation which can be found using ticker (LEN) have now 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 153 and 85 calculating the average target price we see $114.63. Now with the previous closing price of $105.50 and the analysts are correct then there would likely be a percentage uptick in value of 8.7%. Also worth taking note is the 50 day moving average now sits at $101.29 while the 200 day moving average is $88.00. The market capitalization for the company is $29,926m. Find out more information at: https://www.lennar.com
The potential market cap would be $32,515m 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 1.42% with the ex dividend date set at 26-1-2023 (DMY).
Other points of data to note are a P/E ratio of 6.54, revenue per share of 117.97 and a 11.7% return on assets.
