Lennar Corporation with ticker code (LEN) now have 17 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 163 and 86 and has a mean target at 129.29. Now with the previous closing price of 97.58 this is indicating there is a potential upside of 32.5%. The 50 day MA is 109.07 while the 200 day moving average is 102.64. The company has a market cap of $28,244m. Visit the company website at: https://www.lennar.com
The potential market cap would be $37,423m based on the market concensus.
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. It primarily sells single-family attached and detached homes in communities targeted to first-time, move-up, active adult, and luxury homebuyers. The company also offers residential mortgage financing, title insurance, and closing services for home buyers and others. In addition, it involves in the fund investment activity; and originates and sells into securitizations commercial mortgage loans. Further, the company develops, constructs, and manages multifamily rental properties. Lennar Corporation was founded in 1954 and is based in Miami, Florida.