Lennar Corporation (LEN)
NYSE: LEN · Real-Time Price · USD
169.80
+3.47 (2.09%)
Nov 14, 2024, 4:00 PM EST - Market closed
Lennar Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Lennar stock have an average target of 184.87, with a low estimate of 117 and a high estimate of 236. The average target predicts an increase of 8.88% from the current stock price of 169.80.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Lennar stock from 18 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 3 | 3 | 3 | 3 | 3 |
| Buy | 6 | 5 | 5 | 5 | 4 | 4 |
| Hold | 3 | 7 | 8 | 9 | 10 | 10 |
| Sell | 2 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 17 | 18 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $190 → $180 | Hold | Maintains | $190 → $180 | +6.01% | Nov 7, 2024 |
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $205 → $190 | Buy → Hold | Downgrades | $205 → $190 | +11.90% | Oct 7, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $170 → $210 | Buy | Maintains | $170 → $210 | +23.67% | Sep 25, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $240 → $236 | Buy | Maintains | $240 → $236 | +38.99% | Sep 23, 2024 |
| Citigroup | Citigroup | Hold Maintains $164 → $196 | Hold | Maintains | $164 → $196 | +15.43% | Sep 23, 2024 |
Financial Forecast
Revenue This Year
35.86B
from 34.23B
Increased by 4.74%
Revenue Next Year
38.78B
from 35.86B
Increased by 8.17%
EPS This Year
14.54
from 13.73
Increased by 5.91%
EPS Next Year
16.30
from 14.54
Increased by 12.10%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 37.6B | 41.5B | 45.4B | |||
| Avg | 35.9B | 38.8B | 41.3B | |||
| Low | 33.3B | 36.2B | 37.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 9.8% | 15.6% | 17.0% | |||
| Avg | 4.7% | 8.2% | 6.5% | |||
| Low | -2.6% | 0.9% | -3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 15.66 | 17.98 | 21.15 | |||
| Avg | 14.54 | 16.30 | 18.22 | |||
| Low | 13.72 | 14.99 | 16.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 14.0% | 23.6% | 29.7% | |||
| Avg | 5.9% | 12.1% | 11.8% | |||
| Low | -0.1% | 3.1% | 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.