Lennar (LEN) Stock Could Be 17% Overvalued Despite Weaker Earnings Guidance

Lennar shares have been under pressure, and the drop has sharpened a simple question for investors who care about cash generation. With the stock weaker and the housing backdrop more challenging, the issue is whether the current market price lines up with what its future cash flows can realistically support. The share price has fallen 38.8% over the past year, which puts the spotlight firmly on whether that move now matches the cash flow profile of the business. Management has responded to...