Lennar Corporation with ticker code (LEN) have now 17 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 152 and 76 calculating the mean target price we have $109.00. Now with the previous closing price of $100.77 this would indicate that there is a potential upside of 8.2%. There is a 50 day moving average of $98.92 and the 200 day MA is $85.21. The company has a market cap of $28,294m. Company Website: https://www.lennar.com
The potential market cap would be $30,605m 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 1.52% with the ex dividend date set at 26-1-2023 (DMY).
Other points of data to note are a P/E ratio of 6.26, revenue per share of 117.17 and a 12.63% return on assets.
