NYSE:LENConsumer Durables
Lennar Price Cuts Test Profitability As Backlog And Cash Flow Weaken
Lennar (NYSE:LEN) is cutting prices on new homes as housing affordability pressures deepen.
The company is contending with a shrinking order backlog and weaker cash flow metrics, alongside pressure on profitability indicators.
Analyst sentiment has turned more cautious, reflecting concerns around pricing, demand, and future earnings power.
Lennar is one of the largest homebuilders in the US, so its moves on pricing matter for anyone watching the housing cycle. With affordability stretched...