Analyst Ratings for Lennar Corp. Cl A (LEN)Updated: 2017-07-28
Lennar Corp. Cl A (NYSE:LEN) was awarded an average rating of Overweight from investment analysts following the stock. Last month, LEN received an average rating of Overweight.
8 analysts declared LEN a buy, 0 issued an overweight rating, 13 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 2. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for LEN by the analysts covering the stock. The most optimistic price target was 65, which equates to a potential upside of 24.14 percent. The minimum price target given was 53, implying potential capital losses of 1.22 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.49 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -20.93 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.24 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.41 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
Analysts estimate earnings of LEN to grow at a rate of 24.41 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. LEN has a PEG ratio of 0.62.
LEN has a 52-week high of 55.75 and a 52-week low of 39.68. Currently the stock is 31.96 percent higher than its low, and 6.08 percent below the high. LEN has a price/earnings ratio of 15.24. Investors typically compare the P/E ratio to a company's peers in the industry. The LEN value stock report compares LEN to some of its peers using value stock charts. The stock has a market capitalization of $12.18 billion. LEN's next earnings release will be on 0000-00-00, which is days away.