Lennar (LEN) Stock Forecast, Price Target & Predictions
LEN Stock Forecast
Lennar stock forecast is as follows: an average price target of $194.38 (represents a 40.80% upside from LEN’s last price of $138.05) and a rating consensus of 'Buy', based on 20 wall street analysts offering a 1-year stock forecast.
LEN Price Target
The average price target for Lennar (LEN) is $194.38 based on 1-year price targets from 20 Wall Street analysts in the past 3 months, with a price target range of $236.00 to $160.00. This represents a potential 40.80% upside from LEN's last price of $138.05.
LEN Analyst Ratings
According to 20 Wall Street analysts, Lennar's rating consensus is 'Buy'. The analyst rating breakdown for LEN stock is 0 'Strong Buy' (0.00%), 11 'Buy' (55.00%), 7 'Hold' (35.00%), 2 'Sell' (10.00%), and 0 'Strong Sell' (0.00%).
Lennar Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 07, 2024 | Sam Reid | Wells Fargo | $190.00 | $182.25 | 4.25% | 37.63% |
| Sep 24, 2024 | Stephen Kim | Evercore ISI | $236.00 | $185.80 | 27.02% | 70.95% |
| Sep 23, 2024 | Rafe Jadrosich | Bank of America Securities | $190.00 | $185.30 | 2.54% | 37.63% |
| Sep 23, 2024 | Anthony Pettinari | Citigroup | $196.00 | $184.62 | 6.16% | 41.98% |
| Sep 23, 2024 | Carl Reichardt | BTIG | $216.00 | $182.19 | 18.56% | 56.47% |
| Sep 23, 2024 | Mike Dahl | RBC Capital | $160.00 | $184.87 | -13.45% | 15.90% |
| Sep 23, 2024 | Susan Maklari | Goldman Sachs | $190.00 | $182.19 | 4.29% | 37.63% |
| Sep 20, 2024 | Susan Maklari | Goldman Sachs | $182.00 | $192.45 | -5.43% | 31.84% |
| Sep 09, 2024 | Sam Reid | Wells Fargo | $205.00 | $179.42 | 14.26% | 48.50% |
| Jul 22, 2024 | Susan Maklari | Goldman Sachs | $174.00 | $170.94 | 1.79% | 26.04% |
| Jun 20, 2024 | Mike Dahl | RBC Capital | $145.00 | $148.72 | -2.50% | 5.03% |
| Jun 20, 2024 | Susan Maklari | Goldman Sachs | $180.00 | $148.72 | 21.03% | 30.39% |
| Jun 20, 2024 | Stephen Kim | Evercore ISI | $237.00 | $148.72 | 59.36% | 71.68% |
| Jun 20, 2024 | Matthew Bouley | Barclays | $177.00 | $148.72 | 19.02% | 28.21% |
| Jun 14, 2024 | Anthony Pettinari | Citigroup | $183.00 | $153.06 | 19.56% | 32.56% |
| Jun 10, 2024 | Jay McCanless | Wedbush | $144.00 | $153.95 | -6.46% | 4.31% |
| Apr 11, 2024 | Chris Graja | Argus Research | $175.00 | $160.27 | 9.19% | 26.77% |
| Mar 15, 2024 | Collin Verron | Jefferies | $144.00 | $156.57 | -8.03% | 4.31% |
| Mar 15, 2024 | John Lovallo | UBS | $198.00 | $156.57 | 26.46% | 43.43% |
| Mar 15, 2024 | Deepa Raghavan | Wells Fargo | $175.00 | $156.57 | 11.77% | 26.77% |
| Mar 15, 2024 | Stephen Kim | Evercore ISI | $238.00 | $156.57 | 52.01% | 72.40% |
| Dec 19, 2023 | Buck Horne | Raymond James | $165.00 | $148.23 | 11.31% | 19.52% |
| Sep 14, 2023 | Buck Horne | Raymond James | $150.00 | $115.97 | 29.34% | 8.66% |
| Sep 14, 2023 | Anthony Pettinari | Citigroup | $139.00 | $115.97 | 19.86% | 0.69% |
| Jun 13, 2023 | Jay McCanless | Wedbush | $94.00 | $116.47 | -19.29% | -31.91% |
| Jun 13, 2023 | Nishu Sood | Deutsche Bank | $105.00 | $116.47 | -9.84% | -23.94% |
| Jun 13, 2023 | Anthony Pettinari | Citigroup | $123.00 | $116.45 | 5.62% | -10.90% |
| Mar 14, 2023 | Anthony Pettinari | Citigroup | $113.00 | $98.96 | 14.19% | -18.15% |
| Dec 16, 2022 | RBC Capital | $79.00 | $93.18 | -15.22% | -42.77% | |
| Nov 22, 2022 | J.P. Morgan | $97.00 | $84.26 | 15.12% | -29.74% | |
| Oct 04, 2022 | Aaron Hecht | JMP Securities | $115.00 | $80.50 | 42.86% | -16.70% |
| Jun 29, 2022 | Matthew Bouley | Barclays | $85.00 | $69.64 | 22.06% | -38.43% |
| Jun 29, 2022 | Jay McCanless | Wedbush | $88.00 | $69.47 | 26.66% | -36.25% |
| Jun 29, 2022 | Kenneth Zener | KeyBanc | $60.00 | $69.64 | -13.84% | -56.54% |
| Jun 29, 2022 | Buck Horne | Raymond James | $75.00 | $69.64 | 7.70% | -45.67% |
| Jun 29, 2022 | John Lovallo | UBS | $108.00 | $69.64 | 55.08% | -21.77% |
| Jun 29, 2022 | Stephen Kim | Evercore ISI | $112.00 | $69.64 | 60.83% | -18.87% |
| Jun 28, 2022 | Carl Reichardt | BTIG | $97.00 | $72.04 | 34.65% | -29.74% |
| Mar 28, 2022 | John Lovallo | UBS | $154.00 | $82.51 | 86.64% | 11.55% |
| Mar 21, 2022 | Carl Reichardt | BTIG | $118.00 | $88.22 | 33.76% | -14.52% |
| Mar 15, 2022 | Kenneth Zener | KeyBanc | $75.00 | $86.27 | -13.06% | -45.67% |
| Feb 16, 2022 | Susan Maklari | Goldman Sachs | $140.00 | $92.02 | 52.14% | 1.41% |
| Jan 19, 2022 | Kenneth Zener | KeyBanc | $86.00 | $96.86 | -11.21% | -37.70% |
| Jan 14, 2022 | Mark Weintraub | Seaport Global | $133.00 | $107.74 | 23.45% | -3.66% |
| Dec 21, 2021 | Buck Horne | Raymond James | $125.00 | $108.30 | 15.42% | -9.45% |
| Dec 20, 2021 | Chris Graja | Argus Research | $120.00 | $105.40 | 13.85% | -13.07% |
| Dec 17, 2021 | Aaron Hecht | JMP Securities | $130.00 | $105.43 | 23.30% | -5.83% |
| Dec 17, 2021 | Jay McCanless | Wedbush | $130.00 | $105.43 | 23.30% | -5.83% |
The latest Lennar stock forecast, released on Oct 07, 2024 by Sam Reid from Wells Fargo, set a price target of $190.00, which represents a 4.25% increase from the stock price at the time of the forecast ($182.25), and a 37.63% increase from LEN last price ($138.05).
Lennar Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 8 | 22 |
| Avg Price Target | - | $195.00 | $186.36 |
| Last Closing Price | $138.05 | $138.05 | $138.05 |
| Upside/Downside | -100.00% | 41.25% | 34.99% |
In the current month, the average price target of Lennar stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Lennar's last price of $138.05. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 19, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Oct 07, 2024 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| Sep 25, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Sep 25, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Sep 23, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| Sep 23, 2024 | Citigroup | Neutral | Neutral | Hold |
| Sep 23, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Sep 23, 2024 | Zelman | Neutral | Outperform | Upgrade |
| Sep 23, 2024 | BTIG | Buy | Buy | Hold |
| Sep 22, 2024 | UBS | Buy | Buy | Hold |
| Sep 22, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 20, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Sep 19, 2024 | Wedbush | Neutral | Neutral | Hold |
| Sep 19, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Sep 09, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Sep 04, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Aug 05, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 05, 2024 | Seaport Global | Neutral | Sell | Downgrade |
| Aug 05, 2024 | Seaport Global | Neutral | Downgrade | |
| Jul 22, 2024 | Goldman Sachs | Buy | Neutral | Downgrade |
| Jul 15, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Jul 09, 2024 | Wedbush | Underperform | Neutral | Upgrade |
| Jul 02, 2024 | Raymond James | Outperform | Market Perform | Downgrade |
| Jun 20, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jun 20, 2024 | BTIG | Buy | Buy | Hold |
| Jun 20, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Jun 20, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Jun 20, 2024 | Barclays | Overweight | Overweight | Hold |
| Jun 14, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 14, 2024 | UBS | Buy | Buy | Hold |
| Jun 14, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Jun 12, 2024 | Zelman | Neutral | Downgrade | |
| Jun 10, 2024 | Wedbush | Underperform | Underperform | Hold |
| Apr 05, 2024 | Citigroup | Buy | Buy | Hold |
| Apr 02, 2024 | Wedbush | Neutral | Underperform | Downgrade |
| Mar 15, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Mar 15, 2024 | UBS | Buy | Buy | Hold |
| Mar 13, 2024 | Barclays | Overweight | Overweight | Hold |
| Mar 13, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Mar 13, 2024 | Wedbush | Neutral | Neutral | Hold |
| Mar 13, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Mar 13, 2024 | Raymond James | Outperform | Outperform | Hold |
| Dec 19, 2023 | Raymond James | Outperform | Outperform | Hold |
| Dec 14, 2023 | UBS | Buy | Buy | Hold |
| Dec 14, 2023 | Citigroup | Buy | Buy | Hold |
| Dec 14, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Dec 14, 2023 | Barclays | Overweight | Overweight | Hold |
| Sep 19, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Sep 14, 2023 | Evercore ISI | Outperform | Outperform | Hold |
| Sep 14, 2023 | Wedbush | Neutral | Neutral | Hold |
| Sep 13, 2023 | CFRA | Hold | Buy | Upgrade |
| Sep 11, 2023 | Citigroup | Buy | Buy | Hold |
| Jul 14, 2023 | Raymond James | Market Perform | Outperform | Upgrade |
| Jul 06, 2023 | Citigroup | Buy | Buy | Hold |
| Jun 16, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Jun 16, 2023 | BTIG | Buy | Buy | Hold |
| Jun 13, 2023 | Wedbush | Neutral | Neutral | Hold |
| Jun 13, 2023 | UBS | Buy | Buy | Hold |
| Jun 13, 2023 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Jun 13, 2023 | Citigroup | Buy | Buy | Hold |
| Jun 13, 2023 | Deutsche Bank | Hold | Sell | Initialise |
| Mar 14, 2023 | Citigroup | Overweight | Overweight | Hold |
| Jan 13, 2023 | RBC Capital | Sector Perform | Underperform | Downgrade |
| Jan 11, 2023 | Canaccord Genuity | Buy | Initialise | |
| Jan 11, 2023 | Bank of America Securities | Neutral | Upgrade | |
| Dec 19, 2022 | Raymond James | Market Perform | Market Perform | Hold |
| Dec 19, 2022 | Citigroup | Buy | Buy | Hold |
| Dec 16, 2022 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Dec 15, 2022 | CFRA | Hold | Upgrade | |
| Dec 14, 2022 | Needham | Hold | Initialise | |
| Dec 14, 2022 | Citigroup | Sector Weight | Initialise | |
| Dec 14, 2022 | Deutsche Bank | Buy | Initialise | |
| Dec 14, 2022 | Barclays | Equal-Weight | Overweight | Upgrade |
| Dec 06, 2022 | BTIG | Buy | Buy | Hold |
| Oct 21, 2022 | Cantor Fitzgerald | Overweight | Initialise | |
| Oct 04, 2022 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Sep 19, 2022 | KeyBanc | Underweight | Overweight | Upgrade |
| Jun 29, 2022 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jun 29, 2022 | Wedbush | Outperform | Outperform | Hold |
| Jun 29, 2022 | Evercore ISI | Outperform | Outperform | Hold |
| Jun 29, 2022 | Raymond James | Outperform | Outperform | Hold |
| Jun 29, 2022 | KeyBanc | Underweight | Underweight | Hold |
| Jun 28, 2022 | BTIG | Buy | Buy | Hold |
| Jun 22, 2022 | UBS | Buy | Buy | Hold |
| Mar 28, 2022 | UBS | Buy | Buy | Hold |
| Mar 21, 2022 | BTIG | Buy | Buy | Hold |
Lennar's last stock rating was published by Evercore ISI on Nov 19, 2024. The company gave LEN a "Outperform" rating, the same as its previous rate.
Lennar Financial Forecast
Lennar Revenue Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.05B | - | - | $8.93B | $8.36B | - | - | $6.94B | $6.43B | - | - | $5.87B | $5.29B | - | - | $5.86B |
| Avg Forecast | $12.08B | $10.31B | $9.76B | $7.96B | $11.35B | $10.28B | $9.31B | $7.22B | $10.06B | $9.14B | $8.48B | $7.39B | $10.23B | $8.49B | $7.22B | $5.91B | $6.63B | $8.93B | $8.12B | $6.16B | $8.51B | $7.22B | $6.10B | $5.13B | $6.53B | $5.33B | $5.19B | $4.15B | $6.47B | $5.44B |
| High Forecast | $12.92B | $11.03B | $10.44B | $8.51B | $12.14B | $11.00B | $9.96B | $7.44B | $10.13B | $9.15B | $8.48B | $7.39B | $10.36B | $9.08B | $7.73B | $6.32B | $7.96B | $9.30B | $8.45B | $6.42B | $8.86B | $7.52B | $6.35B | $5.34B | $6.80B | $5.55B | $5.40B | $4.32B | $6.73B | $5.67B |
| Low Forecast | $11.08B | $9.46B | $8.96B | $7.30B | $10.41B | $9.43B | $8.54B | $7.09B | $9.98B | $9.14B | $8.48B | $7.39B | $9.99B | $7.79B | $6.63B | $5.42B | $5.31B | $8.45B | $7.68B | $5.83B | $8.05B | $6.84B | $5.77B | $4.86B | $6.18B | $5.04B | $4.91B | $3.93B | $6.12B | $5.15B |
| # Analysts | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 6 | 7 | 3 | 5 | 9 | 11 | 5 | 7 | 13 | 15 | 4 | 4 | 5 | 5 | 5 | 10 | 5 | 9 | 11 | 15 | 18 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | - | - | 1.00% | 1.03% | - | - | 0.96% | 1.05% | - | - | 1.10% | 1.02% | - | - | 1.08% |
Lennar's average Quarter revenue forecast for Aug 23 based on 5 analysts is $8.49B, with a low forecast of $7.79B, and a high forecast of $9.08B. LEN's average Quarter revenue forecast represents a 5.53% increase compared to the company's last Quarter revenue of $8.05B (May 23).
Lennar EBITDA Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 6 | 7 | 3 | 5 | 9 | 11 | 5 | 7 | 13 | 15 | 4 | 4 | 5 | 5 | 5 | 10 | 5 | 9 | 11 | 15 | 18 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.18B | - | - | $2.06B | $1.96B | - | - | $876.81M | $1.13B | - | - | $5.01B | $589.76M | - | - | $648.36M |
| Avg Forecast | $2.06B | $1.76B | $1.66B | $1.36B | $1.93B | $1.75B | $1.59B | $1.23B | $1.71B | $1.56B | $1.45B | $1.13B | $1.74B | $1.45B | $1.23B | $1.03B | $1.86B | $1.52B | $1.38B | $932.97M | $1.45B | $1.23B | $1.04B | $805.91M | $1.11B | $907.76M | $883.87M | $242.25M | $1.10B | $927.01M |
| High Forecast | $2.20B | $1.88B | $1.78B | $1.45B | $2.07B | $1.87B | $1.70B | $1.27B | $1.73B | $1.56B | $1.45B | $1.35B | $1.77B | $1.55B | $1.32B | $1.23B | $2.23B | $1.58B | $1.44B | $1.12B | $1.51B | $1.28B | $1.08B | $967.10M | $1.16B | $945.03M | $920.16M | $290.70M | $1.15B | $965.08M |
| Low Forecast | $1.89B | $1.61B | $1.53B | $1.24B | $1.77B | $1.61B | $1.46B | $1.21B | $1.70B | $1.56B | $1.45B | $903.12M | $1.70B | $1.33B | $1.13B | $821.01M | $1.49B | $1.44B | $1.31B | $746.38M | $1.37B | $1.16B | $982.85M | $644.73M | $1.05B | $858.92M | $836.32M | $193.80M | $1.04B | $877.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | - | - | 1.36% | 1.42% | - | - | 0.71% | 1.08% | - | - | 5.52% | 0.67% | - | - | 0.70% |
5 analysts predict LEN's average Quarter EBITDA for Aug 23 to be $1.45B, with a high of $1.55B and a low of $1.33B. This is 22.21% upper than Lennar's previous annual EBITDA (May 23) of $1.18B.
Lennar Net Income Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 6 | 7 | 3 | 5 | 9 | 11 | 5 | 7 | 13 | 15 | 4 | 4 | 5 | 5 | 5 | 10 | 5 | 9 | 11 | 15 | 18 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $871.69M | - | - | $1.47B | $1.32B | - | - | $1.41B | $831.36M | - | - | $666.42M | $517.41M | - | - | $513.37M |
| Avg Forecast | $1.57B | $1.25B | $1.02B | $742.50M | $1.37B | $1.19B | $990.70M | $665.26M | $1.12B | $985.90M | $873.17M | $822.60M | $1.24B | $950.74M | $628.87M | $747.82M | $1.39B | $1.30B | $1.08B | $679.83M | $1.12B | $879.98M | $642.10M | $605.05M | $636.27M | $420.10M | $335.74M | $213.93M | $513.48M | $355.27M |
| High Forecast | $1.72B | $1.36B | $1.11B | $809.69M | $1.49B | $1.29B | $1.08B | $718.39M | $1.15B | $987.01M | $873.18M | $987.12M | $1.26B | $1.04B | $685.77M | $897.38M | $1.66B | $1.37B | $1.13B | $815.80M | $1.18B | $926.95M | $676.37M | $726.06M | $670.24M | $442.52M | $353.66M | $256.72M | $540.89M | $374.23M |
| Low Forecast | $1.40B | $1.11B | $907.15M | $662.63M | $1.22B | $1.06B | $884.13M | $632.92M | $1.08B | $984.78M | $873.17M | $658.08M | $1.20B | $848.47M | $561.22M | $598.25M | $1.11B | $1.21B | $1.00B | $543.87M | $1.04B | $818.43M | $597.19M | $484.04M | $591.77M | $390.71M | $312.26M | $171.14M | $477.57M | $330.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.39% | - | - | 1.13% | 1.23% | - | - | 1.60% | 1.29% | - | - | 1.59% | 1.54% | - | - | 1.45% |
Lennar's average Quarter net income forecast for Aug 23 is $950.74M, with a range of $848.47M to $1.04B. LEN's average Quarter net income forecast represents a 9.07% increase compared to the company's last Quarter net income of $871.69M (May 23).
Lennar SG&A Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 6 | 7 | 3 | 5 | 9 | 11 | 5 | 7 | 13 | 15 | 4 | 4 | 5 | 5 | 5 | 10 | 5 | 9 | 11 | 15 | 18 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $124.75M | - | - | $601.41M | $105.21M | - | - | $94.94M | $90.72M | - | - | $-92.66M | $490.64M | - | - | $537.34M |
| Avg Forecast | $660.58M | $564.02M | $534.07M | $435.08M | $620.73M | $562.34M | $509.22M | $394.95M | $550.20M | $499.94M | $463.95M | $185.67M | $559.37M | $464.36M | $395.07M | $168.79M | $118.91M | $372.05M | $338.24M | $153.44M | $354.35M | $300.94M | $254.02M | $66.79M | $271.93M | $221.99M | $216.15M | $46.63M | $269.41M | $226.70M |
| High Forecast | $706.56M | $603.28M | $571.24M | $465.37M | $663.94M | $601.48M | $544.66M | $407.16M | $553.99M | $500.17M | $463.95M | $222.80M | $566.40M | $496.69M | $422.57M | $202.54M | $142.69M | $387.32M | $352.12M | $184.13M | $368.90M | $313.30M | $264.45M | $80.14M | $283.09M | $231.11M | $225.02M | $55.95M | $280.47M | $236.01M |
| Low Forecast | $605.92M | $517.35M | $489.88M | $399.08M | $569.37M | $515.81M | $467.08M | $387.63M | $545.87M | $499.71M | $463.95M | $148.53M | $546.39M | $425.94M | $362.38M | $135.03M | $95.13M | $352.03M | $320.04M | $122.75M | $335.28M | $284.75M | $240.35M | $53.43M | $257.30M | $210.05M | $204.52M | $37.30M | $254.92M | $214.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.32% | - | - | 1.62% | 0.31% | - | - | 0.32% | 0.36% | - | - | -0.42% | 2.27% | - | - | 2.37% |
Lennar's average Quarter SG&A projection for Aug 23 is $464.36M, based on 5 Wall Street analysts, with a range of $425.94M to $496.69M. The forecast indicates a 272.23% rise compared to LEN last annual SG&A of $124.75M (May 23).
Lennar EPS Forecast
| Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 4 | 2 | 2 | 2 | 6 | 7 | 3 | 5 | 9 | 11 | 5 | 7 | 13 | 15 | 4 | 4 | 5 | 5 | 5 | 10 | 5 | 9 | 11 | 15 | 18 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.01 | - | - | $5.04 | $4.50 | - | - | $4.52 | $2.66 | - | - | $2.13 | $1.66 | - | - | $1.60 |
| Avg Forecast | $5.82 | $4.62 | $3.76 | $2.75 | $5.06 | $4.39 | $3.67 | $2.46 | $4.15 | $3.65 | $3.23 | $2.21 | $4.59 | $3.52 | $2.33 | $1.55 | $1.95 | $4.81 | $3.99 | $2.60 | $4.15 | $3.26 | $2.38 | $1.71 | $2.36 | $1.55 | $1.24 | $0.85 | $1.90 | $1.31 |
| High Forecast | $6.35 | $5.04 | $4.10 | $3.00 | $5.52 | $4.79 | $4.00 | $2.66 | $4.27 | $3.65 | $3.23 | $2.21 | $4.66 | $3.84 | $2.54 | $1.62 | $2.13 | $5.07 | $4.20 | $2.74 | $4.37 | $3.43 | $2.50 | $1.80 | $2.48 | $1.64 | $1.31 | $0.90 | $2.00 | $1.39 |
| Low Forecast | $5.20 | $4.13 | $3.36 | $2.45 | $4.52 | $3.92 | $3.27 | $2.34 | $3.98 | $3.65 | $3.23 | $2.21 | $4.45 | $3.14 | $2.08 | $1.49 | $1.74 | $4.48 | $3.71 | $2.42 | $3.86 | $3.03 | $2.21 | $1.59 | $2.19 | $1.45 | $1.16 | $0.79 | $1.77 | $1.22 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.29% | - | - | 1.05% | 1.13% | - | - | 1.39% | 1.12% | - | - | 1.37% | 1.34% | - | - | 1.22% |
According to 5 Wall Street analysts, Lennar's projected average Quarter EPS for Aug 23 is $3.52, with a low estimate of $3.14 and a high estimate of $3.84. This represents a 16.91% increase compared to LEN previous annual EPS of $3.01 (May 23).
Lennar Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BZH | Beazer Homes USA | $30.01 | $45.00 | 49.95% | Buy |
| DHI | D.R. Horton | $146.71 | $193.00 | 31.55% | Buy |
| PHM | PulteGroup | $115.89 | $152.00 | 31.16% | Buy |
| LEN | Lennar | $151.47 | $194.38 | 28.33% | Buy |
| MTH | Meritage Homes | $163.80 | $206.80 | 26.25% | Buy |
| IBP | Installed Building Products | $192.10 | $239.50 | 24.67% | Buy |
| KBH | KB Home | $70.44 | $77.40 | 9.88% | Buy |
| TOL | Toll Brothers | $132.73 | $141.17 | 6.36% | Buy |
| NVR | NVR | $8.47K | $4.90K | -42.14% | Hold |