Lennar (NYSE:LEN) received a $54.00 target price from equities research analysts at Barclays in a research note issued on Thursday. The firm presently has a “buy” rating on the construction company’s stock. Barclays‘s target price would suggest a potential upside of 8.52% from the company’s current price.

Several other research analysts have also commented on LEN. Zacks Investment Research lowered Lennar from a “hold” rating to a “sell” rating in a research report on Thursday, December 13th. ValuEngine upgraded Lennar from a “strong sell” rating to a “sell” rating in a research report on Monday, December 17th. Citigroup lowered their price target on Lennar from $62.00 to $55.00 and set a “buy” rating for the company in a research report on Friday, January 4th. Deutsche Bank raised their price target on Lennar to $56.00 and gave the stock a “buy” rating in a research report on Thursday, January 10th. Finally, Bank of America lowered their price target on Lennar from $60.00 to $58.00 and set a “buy” rating for the company in a research report on Thursday, January 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. Lennar presently has a consensus rating of “Buy” and an average target price of $57.81.

Shares of LEN traded down $1.91 during midday trading on Thursday, hitting $49.76. 5,887,650 shares of the stock were exchanged, compared to its average volume of 4,139,013. Lennar has a 52-week low of $37.29 and a 52-week high of $64.90. The firm has a market cap of $16.60 billion, a P/E ratio of 7.84, a P/E/G ratio of 0.61 and a beta of 1.32. The company has a quick ratio of 1.12, a current ratio of 11.48 and a debt-to-equity ratio of 0.58.

Lennar (NYSE:LEN) last released its quarterly earnings results on Wednesday, March 27th. The construction company reported $0.74 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.01). Lennar had a return on equity of 13.76% and a net margin of 8.24%. The firm had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $4.10 billion. During the same quarter in the prior year, the business earned $1.11 earnings per share. The company’s quarterly revenue was up 29.8% on a year-over-year basis. Sell-side analysts expect that Lennar will post 5.88 earnings per share for the current year.

In related news, COO Jonathan M. Jaffe sold 20,000 shares of Lennar stock in a transaction on Wednesday, January 2nd. The stock was sold at an average price of $40.03, for a total value of $800,600.00. Following the completion of the transaction, the chief operating officer now directly owns 171,014 shares in the company, valued at $6,845,690.42. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 8.43% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. Machina Capital S.A.S. acquired a new stake in Lennar in the fourth quarter valued at $122,000. MUFG Securities EMEA plc raised its stake in Lennar by 7,486.3% in the fourth quarter. MUFG Securities EMEA plc now owns 600,000 shares of the construction company’s stock valued at $23,490,000 after buying an additional 592,091 shares in the last quarter. Pin Oak Investment Advisors Inc. acquired a new stake in Lennar in the fourth quarter valued at $1,109,000. Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in Lennar in the fourth quarter valued at $227,000. Finally, Valley National Advisers Inc. acquired a new stake in Lennar in the fourth quarter valued at $49,000. Hedge funds and other institutional investors own 84.88% of the company’s stock.

Lennar Company Profile

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Lennar Financial Services, Lennar Multifamily, and Rialto segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land.

Recommended Story: How Does the Quiet Period Work?

Analyst Recommendations for Lennar (NYSE:LEN)

Receive News & Ratings for Lennar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennar and related companies with MarketBeat.com's FREE daily email newsletter.