Is There More Upside Ahead For Lennar Corp (NYSE: LEN)

Lennar Corp (LEN) concluded trading on Thursday at a closing price of $135.26, with 3.26 million shares of worth about $440.52 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -22.00% during that period and on January 30, 2025 the price saw a gain of about 2.29%. Currently the company’s common shares owned by public are about 236.17M shares, out of which, 227.67M shares are available for trading.

Stock saw a price change of 0.56% in past 5 days and over the past one month there was a price change of 2.60%. Year-to-date (YTD), LEN shares are showing a performance of 3.22% which decreased to -5.89% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $123.39 but also hit the highest price of $186.23 during that period. The average intraday trading volume for Lennar Corp shares is 2.84 million. The stock is currently trading 2.49% above its 20-day simple moving average (SMA20), while that difference is down -6.29% for SMA50 and it goes to -13.90% lower than SMA200.

Lennar Corp (NYSE: LEN) currently have 236.17M outstanding shares and institutions hold larger chunk of about 84.35% of that.

The stock has a current market capitalization of $35.70B and its 3Y-monthly beta is at 1.67. PE ratio of stock for trailing 12 months is 9.43, while it has posted earnings per share of $14.35 in the same period. Its PEG reads 1.78 and has Quick Ratio of 0.85 while making debt-to-equity ratio of 0.16. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LEN, volatility over the week remained 3.06% while standing at 2.79% over the month.

Stock’s fiscal year EPS is expected to drop by -10.70% while it is estimated to increase by 21.53% in next year. EPS is likely to shrink at an annualized rate of 5.29% for next 5-years, compared to annual growth of 20.04% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by RBC Capital Mkts on January 10, 2025 offering a Sector perform rating for the stock and assigned a target price of $130 to it. On December 20, 2024, BTIG Research Downgrade their recommendations, while on December 11, 2024, Barclays Downgrade their ratings for the stock with a price target of $181. Stock get an Equal weight rating from Wells Fargo on October 07, 2024.

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