Lennar Corporation (LEN)
NYSE: LEN · Real-Time Price · USD
185.91
+4.53 (2.50%)
At close: Sep 13, 2024, 4:00 PM
186.40
+0.49 (0.26%)
After-hours: Sep 13, 2024, 7:38 PM EDT
Lennar Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Lennar stock have an average target of 176.86, with a low estimate of 117 and a high estimate of 240. The average target predicts a decrease of -4.87% from the current stock price of 185.91.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Lennar stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 3 | 3 | 3 |
| Buy | 6 | 6 | 6 | 5 | 5 | 5 |
| Hold | 3 | 3 | 3 | 7 | 8 | 8 |
| Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Hold Reiterates $144 | Hold | Reiterates | $144 | -22.54% | Sep 11, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $195 → $205 | Buy | Maintains | $195 → $205 | +10.27% | Sep 9, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $183 → $230 | Buy | Maintains | $183 → $230 | +23.72% | Sep 4, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $185 → $195 | Buy | Maintains | $185 → $195 | +4.89% | Aug 5, 2024 |
| Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Aug 5, 2024 |
Financial Forecast
Revenue This Year
35.66B
from 34.23B
Increased by 4.16%
Revenue Next Year
38.53B
from 35.66B
Increased by 8.05%
EPS This Year
14.46
from 13.73
Increased by 5.28%
EPS Next Year
16.30
from 14.46
Increased by 12.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 37.8B | 41.8B | 44.9B | ||
| Avg | 35.7B | 38.5B | 40.9B | ||
| Low | 33.2B | 35.9B | 37.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.3% | 17.3% | 16.5% | ||
| Avg | 4.2% | 8.1% | 6.0% | ||
| Low | -2.9% | 0.7% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.68 | 18.04 | 20.95 | ||
| Avg | 14.46 | 16.30 | 18.39 | ||
| Low | 13.64 | 14.53 | 16.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.2% | 24.8% | 28.5% | ||
| Avg | 5.3% | 12.8% | 12.8% | ||
| Low | -0.6% | 0.5% | 0.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.