Forestar Group Inc. (FOR)
Market Cap | 1.51B |
Revenue (ttm) | 1.56B |
Net Income (ttm) | 202.40M |
Shares Out | 50.60M |
EPS (ttm) | 4.02 |
PE Ratio | 7.44 |
Forward PE | 8.10 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 380,812 |
Open | 31.36 |
Previous Close | 31.42 |
Day's Range | 29.44 - 31.36 |
52-Week Range | 21.88 - 40.92 |
Beta | 1.78 |
Analysts | Strong Buy |
Price Target | 36.17 (+20.93%) |
Earnings Date | Jul 18, 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. [Read more]
Financial Performance
In 2023, Forestar Group's revenue was $1.44 billion, a decrease of -5.41% compared to the previous year's $1.52 billion. Earnings were $166.90 million, a decrease of -6.66%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for FOR stock is "Strong Buy." The 12-month stock price forecast is $36.17, which is an increase of 20.93% from the latest price.
News
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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.
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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.
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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.
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Forestar Reports Fiscal 2024 First Quarter Results
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar reported that net income for the first quarter of fiscal 2024 increased 84% to $38.2 million or $0.76 per diluted share.
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Forestar to Release 2024 First Quarter Earnings on January 23, 2024
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR #earnings--Forestar announced that the Company will release financial results for its first quarter ended December 31, 2023 on Tuesday, January 23, 2024.
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Forestar Names Anthony W. Oxley as Incoming CEO and Announces Retirement of Daniel C.
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced the retirement of Daniel C. Bartok and the appointment of Anthony W. Oxley as President and CEO, effective January 1, 2024.
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Forestar Reports Fourth Quarter and Fiscal 2023 Results
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR #earnings--Forestar reported that net income for the fourth quarter of fiscal 2023 increased 43% to $72.4 million or $1.44 per diluted share.
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Forestar to Release 2023 Fourth Quarter and Fiscal Year-End Earnings on November 7, 2023
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR #earnings--Forestar Group announced that it will release financial results for its fourth quarter and fiscal year ended September 30, 2023 on November 7, 202...
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Forestar Reports Fiscal 2023 Third Quarter Results
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar reported net income for its third quarter of fiscal 2023 of $46.8 million or $0.93 per diluted share.
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Forestar to Release 2023 Third Quarter Earnings on July 20, 2023
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that the Company will release financial results for its third quarter ended June 30, 2023 on Thursday, July 20, 2023.
![](https://cdn.snapi.dev/images/v1/o/e/conf3-1882498.jpg)
Forestar to Present at the J.P. Morgan Homebuilding & Building Products Conference on May 17, 2023
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar will participate in a fireside chat via webcast at the J.P. Morgan Homebuilding & Building Products Conference on May 17, 2023.
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Forestar Reports Fiscal 2023 Second Quarter Results
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar reported net income for its second quarter of fiscal 2023 of $26.9 million or $0.54 per diluted share.
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Forestar to Release 2023 Second Quarter Earnings on April 20, 2023
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. (NYSE: FOR) announced today that the Company will release financial results for its second quarter ended March 31, 2023 on Thursday, Apr...
![](https://cdn.snapi.dev/images/v1/r/m/press12-1719747.jpg)
Forestar Reports Fiscal 2023 First Quarter Results
ARLINGTON, Texas--(BUSINESS WIRE)--Forestar Group Inc. (“Forestar”) (NYSE: FOR), a leading national residential lot developer, today reported financial results for its first quarter ended December 3...
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Forestar to Release 2023 First Quarter Earnings on January 24, 2023
ARLINGTON, Texas--(BUSINESS WIRE)--Forestar Group Inc. (NYSE: FOR) announced today that the Company will release financial results for its first quarter ended December 31, 2022 on Tuesday, January 2...
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Forestar Reports Fourth Quarter and Fiscal 2022 Results
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar reported net income increased 62% to $178.8 million or $3.59 per diluted share in fiscal 2022.
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Forestar Names Mark Walker Chief Operating Officer
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced the promotion of Mark Walker to Chief Operating Officer, effective October 1, 2022.
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Forestar to Release 2022 Fourth Quarter and Fiscal Year-End Earnings on November 9, 2022
ARLINGTON, Texas--(BUSINESS WIRE)--Forestar announced it will release financial results for its fourth quarter and fiscal year ended September 30, 2022 on Wednesday, November 9, 2022.
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Forestar Reports Fiscal 2022 Third Quarter Results
ARLINGTON, Texas--(BUSINESS WIRE)--Forestar reported net income increased 151% to $39.7 million or $0.80 per diluted share
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Forestar to Release 2022 Third Quarter Earnings on July 19, 2022
ARLINGTON, Texas--(BUSINESS WIRE)--Forestar announced today that the Company will release financial results for its third quarter ended June 30, 2022 on Tuesday, July 19, 2022.
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Forestar Reports Fiscal 2022 Second Quarter Results
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar reported that net income for its second fiscal quarter ended March 31, 2022 increased 68% to $47.8 million or $0.96 per diluted share.
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Forestar to Release 2022 Second Quarter Earnings on April 21, 2022
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR #earnings--Forestar announced that it will release financial results for its second quarter ended March 31, 2022 on Thursday, April 21, 2022.
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Forestar to Present at the 2022 Citi Global Property CEO Conference
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that Daniel C. Bartok will participate in a roundtable presentation at the Citi Global Property CEO Conference on March 8, 2022.
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Forestar Reports Fiscal 2022 First Quarter Results
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR #earnings--Forestar reported that net income for its first quarter of fiscal 2022 increased 84% to $40.5 million or $0.81 per diluted share.
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Forestar to Release 2022 First Quarter Earnings on January 27, 2022
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR #earnings--Forestar announced that the Company will release financial results for its first quarter ended December 31, 2021 on Thursday, January 27, 2022.