Lennar Stock Outlook: Is Wall Street Bullish or Bearish?

Miami, Florida-based Lennar Corporation (LEN) operates as a homebuilder in the United States. With a market cap of $34.2 billion, Lennar operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments.

The homebuilder has significantly underperformed the broader market over the past year. LEN stock plummeted 22.7% over the past 52 weeks and 3.2% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 16.4% gains over the past year and 9.7% returns on a YTD basis.