Lennar Corporation Class A | LEN

Daily Technical Analysis of Lennar Corporation Class A

There wasn't too much excitement in Lennar today which only managed to move up 1.00% on the day. It looks like LEN may be interacting with a downward sloping Support line. It may find or support at this level or it's momentum can continue downward. Lennar hasn't been treated too well by the market over the last few months and has seen a lot of selling continue to drive price down. It may get a little bounce here that will be subsequently followed by profit taking. Over the past 3 months, owners of the Homebuilding & Construction company are down -11.54 percent, we'll see if more buyers feel it's appropriately priced and want to purchase, if so we might get a little bounce.

If the price bounces off of the support and moves up it'll probably head up to the $118.87 level, at which point it may hit some selling pressure. If Lennar continues to break down lower from here, it'll likely fall until it gets to $99.7773 at which point previous buyers at this level may move in and give it support.

Analyst Ratings for Lennar By Price Target And Rating

The analysts are pretty neutral on Lennar right now, so not much useful information here. The current Analysts Sentiment Score is 0.50. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-04-05 Citigroup increased their price target by 10.61% to $198.00. On 2024-04-02 there was confirmation of the previous rating by Wedbush which was Neutral and provided a price target of $144.00. Keefe, Bruyette & Woo provided a price target boost of 4.57% to $183.00 from $175.00 on 2024-03-20. JPMorgan Chase & Co. provided a price target decease of -2.48% to $157.00 from $161.00 on 2024-03-18. Evercore ISI provided a price target boost of 6.25% to $238.00 from $224.00 on 2024-03-15. On 2024-03-15 UBS Group increased their price target by 4.21% to $198.00. JMP Securities reiterated a rating of Market Outperform on 2024-03-15 and added a price target of $170.00. Oppenheimer reiterated a rating of Market Perform on 2024-03-15. Wells Fargo & Company boosted their price targ by 6.06% to $175.00 on 2024-03-15. On 2024-03-15 Barclays increased their price target by 4.05% to $180.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Lennar

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Lennar

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.