Discover LEN Stock Forecast for 2024, 2025, 2030, 2040, and 2050. Lennar Corporation (NYSE: LEN) is positioned as the strongest contender for long-term growth due to the US housing shortage, with substantial revenue and earnings increases projected.
KEY TAKEAWAYS:
Lennar Corporation (LEN) stock quote is expected to experience a -3.10% decline over the next 3 months. The stock price is projected to hold between $142.87 and $164.40 with a 90% probability by the end of this period.
According to current market analysis, Lennar Corporation’s (LEN) share is considered the top choice for investment in 2030. Analysts’ consensus rating of “Moderate Buy” reflects confidence in its future performance.
Table of Contents
About Lennar Corporation (LEN) Overview
Lennar Corporation, a leading homebuilder in the US, operates under various segments, including Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other. Its operations encompass the construction, sale, and development of single-family homes, multifamily rental properties, and residential land. Additionally, it provides mortgage financing, title, insurance, and closing services. Founded in 1954, Lennar serves diverse homebuyer segments from first-time to luxury buyers, and is headquartered in Miami, Florida.
Lennar Corporation (LEN) Fundamental Analysis
| Previous Close | $159.37 |
| Open | $159.17 |
| Bid | — |
| Ask | — |
| Day’s Range | $156.54 – $159.30 |
| 52 Week Range | $102.90 – $172.59 |
| Volume | 548,448 |
| Avg. Volume | 2,010,101 |
| Market Cap (intraday) | 43.087B |
| Beta (5Y Monthly) | 1.56 |
| PE Ratio (TTM) | 10.99 |
| EPS (TTM) | 14.25 |
| Earnings Date | Jun 17, 2024 |
| Forward Dividend & Yield | 2.00 (1.25%) |
| Ex-Dividend Date | Apr 23, 2024 |
| 1y Target Est | $180.35 |
Lennar Corporation (LEN) News
PR Newswire:
- Quarterra Multifamily Announces the Start of Construction at Renata Apartments
- Urban Honolulu’s Sky-High Home Prices Are Finally Falling
Insider Monkey:
- Lennar (LEN) Ascends While Market Falls: Some Facts to Note
- Lennar (LEN) Outpaces Stock Market Gains: What You Should Know
LEN Stock Zacks:
- Why This 1 Value Stock Could Be a Great Addition to Your Portfolio
- The City Where Home Prices are Falling Most.
- Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick
Lennar Corporation (LEN) Historical Chart Growth
LEN Stock Forecast and Recent Price Momentum BY CNN
Lennar Corporation (LEN) is trading near the top of its 52-week range and above its 200-day simple moving average (SMA), indicating strong price momentum. Recently, LEN shares dropped by $1.15, a 0.72% decrease, with the stock opening at $158.53, $0.84 lower than the previous close.
Despite this short-term decline, Lennar’s long-term outlook remains bullish, supported by a strong market position and projected revenue growth. Short-term forecasts suggest a potential -3.10% decline over the next three months, with a price range of $142.87 to $164.40. Long-term investors may find this an opportune time to consider entry points.
Lennar (LEN) Stock Price Prediction & Price Target
Lennar Corporation (LEN) has a consensus rating of “Moderate Buy” based on 17 analyst ratings. Over the next 12 months, analysts have set price targets spanning from $145.00 to $240.00, with an average price target of $180.00, indicating an 11.70% upside from the current price of $158.44. With 11 “Buy” ratings, 4 “Hold” ratings, and 2 “Sell” ratings, Lennar’s stock shows potential for moderate growth.
Long-Term LEN Stock Forecast 2024, 2025, 2030, 2035, 2040, 2045,2050, 2060
The long-term LEN price forecast is expected to reach $158 by mid-year 2024, then reach an average price target of $190.91 by the end of 2025, $410.18 by 2030, $486.80 by 2035, $814.61 by 2040, $730 by 2045, $850 by 2050, and $1,090 by 2060.
LEN Stock Forecast 2025
Lennar Corporation (LEN) is projected to reach an average stock price of $190.91 by 2025, assuming it continues growing at its average yearly rate from the past decade. This forecast represents a 17.90% increase from the current price of $158.24.
LEN Stock Forecast 2030
Lennar Corporation (LEN) is projected to reach a record-high average price target of $410.18 by 2030 with a high prediction of $440.10, a low estimate of $158.10. This LEN Prediction is based on its average growth over the past decade.
The US housing shortage, requiring over 6.5 million new homes, positions Lennar for substantial growth. With a strong presence in high-demand states like Florida, a reasonable P/E ratio, and near-term price upside, Lennar is well-placed to capitalize on this opportunity. Analysts, including Nasdaq, view Lennar as a solid choice for long-term growth due to the US housing shortage.
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LEN Stock Forecast 2035
By 2035, Lennar Corporation’s (LEN) stock price is projected to reach significant heights, with predictions indicating an average price of at least $486.80 by midyear and $522.10 by year-end.
LEN Stock Forecast 2040
Lennar Corporation (LEN) stock price prediction forecasts an exponential growth chart in 2040, with an average price target of $660.59 per share, a high forecast of $814.61, and a low forecast of $481 from its last closing price.
LEN Stock Forecast 2050
Using the 15.2% rate from QTEC, Lennar Corp’s (LEN) value would be $990, whereas the S&P 500 would have a value of $6,366 based on the same metric in 2050. based on a compound annual growth rate of 15.2% from a present value of $158.50 in 2024.
LEN Stock Forecast 2060
The stock price for Lennar Corp (LEN) in 2060 is predicted to reach around an average price target of $1,090, with a range between a high prediction of $980 and a low prediction of $1,203. This forecast was to follow the S&P’s historical yearly growth rate using QTEC’s rate of 12% from the current level.
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Conclusion:
while short-term fluctuations are expected, Lennar Corporation shows promising potential for long-term growth, driven by its strategic positioning within the housing market and diverse range of services. Investors may consider this stock for its potential to deliver solid returns over the coming years. However, it’s essential to note that all investment decisions should be made with careful consideration of individual financial goals and risk tolerance.
What will LEN Stock cost in 2025?
In 2025, the predicted stock price for Lennar Corporation is $190.91. This represents an increase of 82.72% compared to the current stock of $158.25.
What will LEN Stock be worth in 2030?
Lennar Corporation (LEN) stock is expected to Supercharge its growth and reach an average price of $410.18 in 2030. LEN stock forecast is projected to grow by approximately 158.74% from 2024 to 2030.
What will LEN Stock Price Prediction 2040?
Lennar Corporation (LEN) stock is expected to hit $660.59 by 2040 with an 11.50% annual return over the next 17 years.
IS LEN stock a Moderate Buy?
Lennar (LEN) stock has a consensus rating of “Moderate Buy” from analysts, based on 17 buy ratings, 4 hold ratings, and 3 sell ratings.
What is LEN ‘s annual dividend?
Lennar Corporation’s (LEN) annual dividend is $2.00 (1.25%) per share.
What is LEN’s dividend history?
Lennar Corporation ( LEN ) pays dividends quarterly, further, any one can find full details on Ticker pages on Dividend.com
Disclaimer: The information provided is for general informational purposes only. We do not guarantee the accuracy or completeness of the information. Use it at your own risk and always seek professional advice when needed.
Ashish Dwivedi is the founder and chief editor of MoneyMystica, a top resource for finance, insurance, and share market insights. Driven by a passion for empowering individuals to make informed financial decisions, Ashish uses his extensive knowledge and practical experience to offer clear and actionable advice.
