Forestar Group Inc. (FOR)

NYSE: FOR · Real-Time Price · USD
21.63
-0.07 (-0.32%)
Mar 26, 2025, 4:00 PM EST - Market closed
-0.32%
Market Cap 1.10B
Revenue (ttm) 1.45B
Net Income (ttm) 181.70M
Shares Out 50.68M
EPS (ttm) 3.56
PE Ratio 6.08
Forward PE 5.57
Dividend n/a
Ex-Dividend Date n/a
Volume 92,572
Open 21.72
Previous Close 21.70
Day's Range 21.52 - 22.10
52-Week Range 20.70 - 40.92
Beta 1.75
Analysts Strong Buy
Price Target 34.00 (+57.19%)
Earnings Date Apr 17, 2025

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. [Read more]

Sector Real Estate
IPO Date Dec 12, 2007
Employees 393
Stock Exchange NYSE
Ticker Symbol FOR
Full Company Profile

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%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for FOR stock is "Strong Buy." The 12-month stock price forecast is $34.0, which is an increase of 57.19% from the latest price.

Price Target
$34.0
(57.19% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Forestar Group Inc. Announces Expiration and Final Results of Tender Offer for Any and All of its 3.850% Senior Notes due 2026

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced the expiration and final results of the previously announced cash tender offer to purchase its outstanding 3.850% Senior Notes.

15 days ago - Business Wire

Forestar Group Inc. Announces Pricing Terms of Tender Offer for Any and All of its 3.850% Senior Notes due 2026

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar today announced the pricing of the previously announced cash tender offer to purchase any and all of its outstanding 3.850% Senior Notes.

15 days ago - Business Wire

3 Housing-Related Book Value Bargains

The housing sector continues to be more than challenged triggering a recent sharp downturn in most housing related stocks. Housing affordability remains near historical lows, new home inventory is sur...

Other symbols: BZHDHIJOELENXHB
15 days ago - Seeking Alpha

Forestar Announces Pricing of $500 Million Offering of Senior Unsecured Notes

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. announced that it has priced an offering of $500 million aggregate principal amount of 6.500% senior unsecured notes due 2033.

21 days ago - Business Wire

Forestar Group Inc. Announces Tender Offer for Any and All of its 3.850% Senior Notes due 2026

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. announced today that it is commencing a cash tender offer to purchase any and all of its outstanding 3.850% Senior Notes due 2026.

21 days ago - Business Wire

Forestar Announces Proposed Offering of Senior Unsecured Notes

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. today announced that it is proposing to sell $500 million aggregate principal amount of senior unsecured notes due 2033.

21 days ago - Business Wire

Forestar Group Inc. to Release 2025 Second Quarter Earnings on April 17, 2025

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that the Company will release financial results for its second quarter ended March 31, 2025 on Thursday, April 17, 2025.

5 weeks ago - Business Wire

Forestar Group Inc. (FOR) Q1 2025 Earnings Call Transcript

Forestar Group Inc. (NYSE:FOR) Q1 2025 Results Conference Call January 21, 2025 11:00 AM ET Company Participants Chris Hibbetts - Vice President of Finance & Investor Relations Andy Oxley - President...

2 months ago - Seeking Alpha

Forestar Reports Fiscal 2025 First Quarter Results

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar reported net income of $16.5 million or $0.32 per diluted share in its first fiscal quarter of 2025.

2 months ago - Business Wire

Top 3 Real Estate Stocks That May Rocket Higher This Quarter

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: AATALX
2 months ago - Benzinga

Forestar Group: Capitalizing On Lot Supply Constraints And Strong Market Demand

Forestar is poised to benefit from persistent residential housing shortage and a favorable interest rate environment, driving demand for residential lots and land sales. The company has shown impressi...

3 months ago - Seeking Alpha

Forestar Group Inc. to Release 2025 First Quarter Earnings on January 21, 2025

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that the Company will release financial results for its first quarter ended December 31, 2024 on Tuesday, January 21, 2025.

4 months ago - Business Wire

Forestar Group Inc. (FOR) Q4 2024 Earnings Conference Call Transcript

Forestar Group Inc. (NYSE:FOR) Q4 2024 Earnings Conference Call October 29, 2024 11:00 AM ET Company Participants Katie Smith - Director of Finance and IR Andy Oxley - President and CEO Jim Allen - C...

5 months ago - Seeking Alpha

Forestar Reports Fourth Quarter and Fiscal 2024 Results

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. (“Forestar”) (NYSE: FOR), a leading national residential lot developer, today reported financial results for its fourth quarter and fisc...

5 months ago - Business Wire

Forestar Group: Benefitting From Constraints On Residential Lot Supply

Forestar Group is well-positioned to benefit from persistent residential housing shortage and a favorable interest rate environment, driving demand for residential lots and land sales. The company aim...

6 months ago - Seeking Alpha

Forestar to Release 2024 Fourth Quarter and Fiscal Year-End Earnings on October 29, 2024

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that it will release financial results for its fourth quarter and fiscal year ended September 30, 2024 on October 29, 2024.

7 months ago - Business Wire

Forestar Group Inc. (FOR) Q3 2024 Earnings Call Transcript

Forestar Group Inc. (NYSE:FOR) Q3 2024 Earnings Conference Call July 18, 2024 5:00 PM ET Company Participants Katie Smith - Director of Finance and IR Andy Oxley - President and CEO Jim Allen - CFO M...

8 months ago - Seeking Alpha

Forestar Reports Fiscal 2024 Third Quarter Results

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar reported net income of $38.7 million or $0.76 per diluted share in its third fiscal quarter of 2024.

9 months ago - Business Wire

Forestar: Underappreciated, With A Proven Business Model

Forestar Group Inc. targets double digit returns through land acquisition with significant cash and expertise, supported by financing from D.R. Horton. Given the previous unlevered FCF growth, managem...

9 months ago - Seeking Alpha

Forestar to Release 2024 Third Quarter Earnings on July 18, 2024

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that it will release financial results for its third quarter ended June 30, 2024 on Thursday, July 18, 2024.

10 months ago - Business Wire

Forestar Group Stock To Benefit From The Real Estate Shortage

Forestar is poised to benefit from the low inventory of available homes. Forestar's financial strength can be leveraged to acquire new land and grow market share. The low valuation leaves room for mul...

11 months ago - Seeking Alpha

Forestar Group Inc. (FOR) Q2 2024 Earnings Call Transcript

Forestar Group Inc. (NYSE:FOR) Q2 2024 Earnings Conference Call April 18, 2024 5:00 PM ET Company Participants Katie Smith - Director of Finance and Investor Relations Andy Oxley - President and Chie...

1 year ago - Seeking Alpha

Forestar Reports Fiscal 2024 Second Quarter Results

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar reported that net income for the second quarter of fiscal 2024 increased 67% to $45.0 million or $0.89 per diluted share.

1 year ago - Business Wire

Forestar to Release 2024 Second Quarter Earnings on April 18, 2024

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR #earnings--Forestar announced that it will release financial results for its second quarter ended March 31, 2024 on Thursday, April 18, 2024.

1 year ago - Business Wire

Forestar Group: Homebuilders Are Primed For A Strong 2024, Buy While Still Cheap

Forestar Group, a real estate developer, is expected to benefit from the upcoming housing recovery in 2024. Housing shortages will continue due to a lack of inventory, leading to an increase in single...

1 year ago - Seeking Alpha