Lennar Corporation (LEN.B)
NYSE: LEN.B · IEX Real-Time Price · USD
154.18
+2.83 (1.87%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Lennar Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for Lennar stock have an average target of 164.47, with a low estimate of 105 and a high estimate of 238. The average target predicts an increase of 6.67% from the current stock price of 154.18.

Analyst Consensus: Buy
Target Low Average Median High
Price $105 $164.47 $165 $238
Change -31.90% +6.67% +7.02% +54.37%

Analyst Ratings

The average analyst rating for Lennar stock from 16 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 444444
Buy 776666
Hold 566664
Sell 111111
Strong Sell 111111
Total 181918181816

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Maintains
$175$183
Buy Maintains $175$183 +18.69% Mar 20, 2024
Wedbush
Wedbush
Hold
Maintains
$130$144
Hold Maintains $130$144 -6.60% Mar 19, 2024
JP Morgan
JP Morgan
Hold
Maintains
$161$157
Hold Maintains $161$157 +1.83% Mar 18, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$170$179
Strong Buy Maintains $170$179 +16.10% Mar 18, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$170
Buy Reiterates $170 +10.26% Mar 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
36.02B
from 34.23B
Increased by 5.20%
Revenue Next Year
38.04B
from 36.02B
Increased by 5.63%
EPS This Year
14.57
from 13.73
Increased by 6.15%
EPS Next Year
16.27
from 14.57
Increased by 11.62%
Year 201920202021202220232024202520262027
Revenue
22.26B22.49B27.13B33.67B34.23B36.02B38.04B40.58B39.88B
Revenue Growth
8.21%1.03%20.64%24.11%1.67%5.20%5.63%6.67%-1.73%
EPS
5.747.8514.2715.7213.7314.5716.2717.9919.07
EPS Growth
5.51%36.76%81.78%10.16%-12.66%6.15%11.62%10.59%5.99%
No. Analysts -----252482
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 38.7B 42.2B 47.0B 41.5B
Avg 36.0B 38.0B 40.6B 39.9B
Low 32.8B 34.5B 35.8B 38.7B

Revenue Growth

Revenue Growth 2024202520262027
High
13.2%
17.2%
23.5%
2.2%
Avg
5.2%
5.6%
6.7%
-1.7%
Low
-4.3%
-4.1%
-6.0%
-4.6%

EPS Forecast

EPS 2024202520262027
High 16.25 19.45 22.42 19.82
Avg 14.57 16.27 17.99 19.07
Low 13.08 13.69 14.72 18.50

EPS Growth

EPS Growth 2024202520262027
High
18.4%
33.4%
37.8%
10.2%
Avg
6.1%
11.6%
10.6%
6.0%
Low
-4.7%
-6.1%
-9.5%
2.8%
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.