🔍 What are the current analyst ratings and recent price targets for LEN?

The current analyst ratings and recent price targets for LEN (Lennar) are as follows: 1. **Analyst Ratings**: - LEN has a mixed analyst consensus, with ratings ranging from hold to buy. - The stock has 15 hold ratings, 2 buy ratings, and 0 sell ratings based on recent analyst ratings. 2. **Recent Price Target**: - The average 12-month price target for LEN is $115.93, which represents a slight downside from the current price. - Morgan J.P. Morgan has set a price target of $97, while Oppenheimer has maintained a hold rating with no specific price target. - UBS has reaffirmed its buy rating on LEN, but no specific price target was provided. 3. **Stock Performance and Estimates**: - LEN has outpaced the Construction sector's gain in the past month, indicating positive performance relative to industry peers. - Analysts expect LEN to post earnings of $2.14 per share, marking a year-over-year decline of 45.13%. - The consensus estimate projects revenue of $9.07 billion, reflecting a 3.7% fall from the equivalent quarter last year. - For the full year, the Zacks Consensus Estimates project earnings of $9.04 per share and revenue of $35.22 billion, demonstrating changes of -34.78% and -0.63%, respectively, from the preceding year. 4. **Valuation and Sentiment**: - LEN is currently trading at a Forward P/E ratio of 14.43, which is higher than the average Forward P/E of 11.73 for its industry. - The PEG ratio stands at 4.92, indicating that the company's projected earnings growth is supported by the premium valuation. - The overall sentiment is cautious, with LEN holding a Zacks Rank of #5 (Strong Sell), suggesting potential downside risk. In conclusion, while there is some optimism among analysts, the recent price target and earnings estimates suggest a cautious approach for investors. The premium valuation relative to industry peers may warrant a closer look at the company's fundamentals and market conditions before making investment decisions.