Forestar Group Inc. (FOR)

Market Cap	1.46B
Revenue (ttm)	1.51B
Net Income (ttm)	203.40M
Shares Out	50.65M
EPS (ttm)	4.00
PE Ratio	7.23
Forward PE	7.59
Dividend	n/a
Ex-Dividend Date	n/a

Volume	105,884
Open	28.89
Previous Close	29.13
Day's Range	28.85 - 29.19
52-Week Range	27.49 - 40.92
Beta	1.76
Analysts	Strong Buy
Price Target	38.67 (+33.76%)
Earnings Date	Oct 29, 2024

About FOR

Forestar Group Inc. operates as a residential lot development company in the United States. The company acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to local, regional, and national homebuilders. The company was incorporated in 2005 and is headquartered in Arlington, Texas. Forestar Group Inc. operates as a subsidiary of D.R. Horton, Inc.

• Industry: Real Estate - Development
• Sector: Real Estate
• IPO Date: Dec 12, 2007
• Employees: 303
• Stock Exchange: NYSE
• Ticker Symbol: FOR
• Website: https://www.forestar.com

Financial Performance

In 2024, Forestar Group's revenue was $1.51 billion, an increase of 5.05% compared to the previous year's $1.44 billion. Earnings were $203.40 million, an increase of 21.87%.

Analyst Forecast

According to 3 analysts, the average rating for FOR stock is "Strong Buy." The 12-month stock price forecast is $38.67, which is an increase of 33.76% from the latest price.

Price Target

$38.67

(33.76% upside)

Analyst Consensus: Strong Buy