Why Lennar (LEN) is a Top Value Stock for the Long-Term

Core Viewpoint - Zacks Premium provides various tools and resources to help investors make informed decisions and enhance their investment strategies [1]. Summary by Categories Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum, providing a comprehensive approach to stock selection [2]. - Stocks are rated from A to F, with A indicating the highest potential for outperforming the market [2]. Value Score - The Value Style Score identifies attractive and discounted stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [2]. Growth Score - The Growth Style Score focuses on a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow [3]. Momentum Score - The Momentum Style Score assesses trends in stock prices and earnings outlooks, utilizing factors like one-week price changes and monthly earnings estimate changes [3]. VGM Score - The VGM Score combines all three Style Scores, offering a comprehensive indicator for investors who utilize multiple investing strategies [4]. Zacks Rank - The Zacks Rank is a proprietary model based on earnings estimate revisions, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5]. - There are over 800 top-rated stocks available, making it essential for investors to choose wisely [5]. Stock to Watch: Lennar (LEN) - Lennar Corporation, founded in 1954 and based in Miami, FL, operates in homebuilding and financial services, with segments including Homebuilding and Lennar Financial Services [7]. - LEN holds a 3 (Hold) Zacks Rank and a VGM Score of A, with a Value Style Score of B, supported by a forward P/E ratio of 11.41 [7]. - Recent analyst revisions have increased the earnings estimate for fiscal 2024 by $0.23 to $14.46 per share, with an average earnings surprise of 16.8% [7].