Lennar Corporation found using ticker (LEN) have now 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 179 and 115 with a mean TP of 132.57. With the stocks previous close at 91.88 this would imply there is a potential upside of 44.3%. The 50 day MA is 104.28 while the 200 day moving average is 101.9. The market capitalisation for the company is $27,882m. Company Website: https://www.lennar.com
The potential market cap would be $40,229m 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.
