With a market cap of $20.9 billion, Lennar Corporation (LEN) is one of the nation’s leading homebuilders, offering affordable, move-up, and active adult homes under the Lennar brand. Its diverse operations also include financial services, multifamily development, and technology and strategic investments through LENX.
Shares of the homebuilder have underperformed the broader market over the past 52 weeks. LEN stock has decreased 33.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.4%. Moreover, shares of the company are down 15.5% on a YTD basis, compared to SPX’s 13.7% gain.