why Lennar Corp [LEN] is a Good Choice for Investors After New Price Target of $168.21

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Lennar Corp [NYSE: LEN] traded at a low on Tuesday, posting a 0.00 loss after which it closed the day’ session at $138.00.

The results of the trading session contributed to over 2128726 shares changing hands. Over the past one week, the price volatility of Lennar Corp stands at 3.19% while the volatility over the past one month is 2.63%.

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The market cap for LEN stock reached $37.31 billion, with 271.25 million shares outstanding and 233.04 million shares in the current float. Compared to the average trading volume of 2.17M shares, LEN reached a trading volume of 2128726 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Lennar Corp [LEN]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LEN shares is $168.21 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LEN stock is a recommendation set at 2.41. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BTIG Research have made an estimate for Lennar Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 20, 2024. While these analysts kept the previous recommendation, Barclays dropped their target price from $210 to $181. The new note on the price target was released on December 11, 2024, representing the official price target for Lennar Corp stock. Previously, the target price had yet another drop from $205 to $190, while Wells Fargo kept a Equal Weight rating on LEN stock.

The Average True Range (ATR) for Lennar Corp is set at 4.47, with the Price to Sales ratio for LEN stock in the period of the last 12 months amounting to 1.05. The Price to Book ratio for the last quarter was 1.37, with the Price to Cash per share for the same quarter was set at 17.29. Price to Free Cash Flow for LEN in the course of the last twelve months was 9.08 with Quick ratio for the last quarter at 1.06.

How has LEN stock performed recently?

Lennar Corp [LEN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.89. With this latest performance, LEN shares dropped by -18.43% in over the last four-week period, additionally sinking by -7.35% over the last 6 months – not to mention a drop of -6.39% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LEN stock in for the last two-week period is set at 18.91, with the RSI for the last a single of trading hit 11.54, and the three-weeks RSI is set at 24.79 for Lennar Corp [LEN]. The present Moving Average for the last 50 days of trading for this stock 167.37, while it was recorded at 139.68 for the last single week of trading, and 166.49 for the last 200 days.

Lennar Corp [LEN]: Deeper insight into the fundamentals

Lennar Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.06 and a Current Ratio set at 4.71.

Earnings analysis for Lennar Corp [LEN]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LEN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lennar Corp go to 6.00%.

Insider trade positions for Lennar Corp [LEN]

There are presently around $93.72%, or 96.20%% of LEN stock, in the hands of institutional investors. The top three institutional holders of LEN stocks are: VANGUARD GROUP INC with ownership of 26.7 million shares, which is approximately 9.7551%. BLACKROCK INC., holding 24.35 million shares of the stock with an approximate value of $$3.65 billion in LEN stocks shares; and BLACKROCK INC., currently with $$1.71 billion in LEN stock with ownership which is approximately 4.1711%.