Key Highlights:
- Lennar (LEN, Financial) is expected to report a 42.6% drop in Q2 EPS on June 16th, with a revenue decline of 6.6% anticipated.
- Analyst average price target suggests a potential 30.83% upside, highlighting divergent opinions on the stock's fair value.
- Current analyst consensus indicates a "Hold" rating for Lennar Corp (LEN), with a moderate GF Value upside of 20.07%.
Lennar (LEN) is poised to announce its Q2 earnings post-market close on June 16th. Analysts predict an earnings per share (EPS) of $1.94, which reflects a significant 42.6% decrease from the previous year, alongside revenue expectations of $8.19 billion, marking a 6.6% reduction. This projection comes despite Lennar's history of surpassing EPS forecasts consistently over the past two years. However, recent downward revisions in estimates suggest a growing sense of caution among analysts.
Wall Street Analysts' Outlook
In the realm of stock predictions, 15 analysts have offered one-year price targets for Lennar Corp (LEN, Financial), setting an average target price of $142.09. The high estimate reaches $216.00, while the low estimate falls to $110.00. This average target implies a substantial upside potential of 30.83% relative to the current price of $108.61. For a more comprehensive view of these estimates, visit the Lennar Corp (LEN) Forecast page.
The consensus recommendation from 22 brokerage firms places Lennar Corp (LEN, Financial) at an average brokerage recommendation of 2.6, signifying a "Hold" stance. This rating system ranges from 1 to 5, where 1 denotes a Strong Buy and 5 indicates a Sell.
GuruFocus' proprietary metrics project the GF Value of Lennar Corp (LEN, Financial) in one year at $130.41, suggesting an upside of 20.07% from the current price of $108.61. The GF Value reflects the stock's fair trading value, derived from historical trading multiples, past business growth, and future performance estimates. For additional insights into these metrics, explore the Lennar Corp (LEN) Summary page.
