Lennar Corporation (NYSE:LEN): How Are Analysts Viewing These Shares?

Taking a look at the current quarter EPS consensus estimate for Lennar Corporation (NYSE:LEN), we can see that the number is standing at 1.01. This estimate is comprised of 13 contributing analysts polled by Zacks Research. For the last reporting period, the company reported a quarterly EPS of 1.4. Professional Wall Street analysts have the job of analyzing companies and giving their opinions and estimates relating to future results. A large amount of weight is placed on analyst estimates, and earnings beats or misses revolve around these analyst projections. Sometimes these estimates are spot on, and other times they are not. When a company announces actual earnings results, the surprise factor can cause a stock to move sharply. If a company beats estimates and posts a positive earnings surprise, the stock may see a near-term jump in price. Conversely, a negative surprise may send the stock downward. Many investors will choose to be cautious around earnings releases and wait to make a move until after the dust has settled.  

Following all the swirling information about publically traded companies can be quite a task. Every day there may be new pieces of news that emerge about a specific company. The prudent investor is typically able to keep abreast of the information, but most importantly figure out what news is worth paying attention to, and what news should be filtered out. Keeping a sharp eye on earnings reports and fundamental company data can play a big part in picking the right stocks for the portfolio. Once the numbers have been crunched, investors should be able to see things a little bit clearer and know what the general feel for the stock is. Of course there will be stocks that look good after thorough examination but still fail to perform as expected. 
 
Watching stock price activity for Lennar Corporation (NYSE:LEN), we have spotted shares trading close to the 40.91 level. Investors will often monitor stock price levels relative to its 52-week high and low marks. The 52-week high is currently 71.82, and the 52-week low is presently 38.84. When a stock price is nearing the 52-week high or 52-week low, investors may closely follow activity to watch for a breach. Over the past 12 weeks, shares have moved -19.34%. Moving back to the start of the year, we can see that shares have changed -35.31%. Zooming in to the past 4 weeks, shares have seen a change of 3.49%. Over the last week, the stock has moved -3.65%.

Focusing in on analyst opinions, we note that the current average broker recommendation on shares of Lennar Corporation (NYSE:LEN) is presently 1.15. The recommendation falls on a scale between 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This consensus broker rating may help shed some light on how the sell-side is currently viewing company stock. Based on sell-side analysts polled by Zacks Research, 12 have rated the stock a Strong Buy or Buy.

Equity analysts will routinely provide stock price target projections. Many investors are highly interested in where the analysts view the stock heading in the future. Presently, analysts polled by Zacks Research have set a consensus target price of $61.8 on shares of Lennar Corporation (NYSE:LEN). Price target estimates can be calculated using different methods, and they may vary depending on the individual analyst. A thoroughly researched analyst report will typically provide detailed reasoning for a specific target price estimate. Some investors may track analyst targets very closely and use the data to complement their own stock analysis.

Investors who are able to wipe the slate clean and take a fresh look at a certain stock may be able to make more informed decisions that will hopefully lead to increased profits in the long-term. Figuring out when to sell an underperforming stock may end up being just as important as figuring out which stocks to buy. As the stock market continues to trade near record levels, investors will be closely following trading action heading into the latter half of the year. With many stocks reaching new highs, investors may need to make sure that they aren’t getting too overconfident with trades. When a few winning trades are strung together, investors may feel like they have the Midas touch and they can do no wrong. Nobody knows for sure how long stocks will stay in favor with investors. Keeping track of the portfolio’s contents can help when quick decisions need to be made. There may come a time when the tide turns and making a winning trade may seem impossible. Investors might want to have a plan in place in case of a sudden major market downturn. Keeping the portfolio stable during periods of market uncertainty may help prepare for unforeseen events in the future. Although there are many market enthusiasts that think the bull run may be on its last legs, there are just as many who believe that the best is yet to come, and there is much mor  e room for stocks to climb. 

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