Lennar Corp (LEN) stock hits $138.57: Is it a good time to buy or wait for a dip?

Lennar Corp [LEN] stock prices are up 2.51% to $138.57 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LEN shares have gain 4.08% over the last week, with a monthly amount drifted -10.87%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Lennar Corp [NYSE: LEN] stock has seen the most recent analyst activity on January 10, 2025, when RBC Capital Mkts upgraded its rating to a Sector Perform but kept the price target unchanged to $130 for it. Previously, Wolfe Research downgraded its rating to Peer Perform on January 08, 2025. On December 20, 2024, downgrade downgraded it’s rating to Neutral. Barclays downgraded its rating to a Equal Weight and decreased its price target to $181 on December 11, 2024. Wells Fargo downgraded its rating to a Equal Weight and reduced its price target to $190 on October 07, 2024. Seaport Research Partners downgraded its rating to Neutral for this stock on August 05, 2024. In a note dated July 22, 2024, Goldman downgraded an Neutral rating on this stock and revised its target price from $180 to $174.

The stock price of Lennar Corp [LEN] has been fluctuating between $128.41 and $193.80 over the past year. Currently, Wall Street analysts expect the stock to reach $196.86 within the next 12 months. Lennar Corp [NYSE: LEN] shares were valued at $138.57 at the most recent close of the market. An investor can expect a potential return of 42.07% based on the average LEN price forecast.

Analyzing the LEN fundamentals

The Lennar Corp [NYSE:LEN] reported sales of 35.41B for trailing twelve months, representing a drop of -9.85%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.19 and Total Capital is 0.13.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 136.08 points at the first support level, and at 133.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 142.27, and for the 2nd resistance point, it is at 145.97.

Ratios To Look Out For

It’s worth pointing out that Lennar Corp [NYSE:LEN]’s Current Ratio is 4.71. In addition, the Quick Ratio stands at 1.06 and the Cash Ratio stands at 0.86. Considering the valuation of this stock, the price to sales ratio is 1.06, the price to book ratio is 1.37 and price to earnings (TTM) ratio is 9.66.

Transactions by insiders

Recent insider trading involved SONNENFELD JEFFREY, Director, that happened on Oct 28 ’24 when 17500.0 shares were sold. Director, JEFFREY SONNENFELD completed a deal on Oct 28 ’24 to buy 17500.0 shares. Meanwhile, Officer Jeffrey J. McCall bought 10000.0 shares on Aug 23 ’24.

Related Posts