Forestar Group Inc. (FOR)

Market Cap	1.58B
Revenue (ttm)	1.56B
Net Income (ttm)	202.40M
Shares Out	50.60M
EPS (ttm)	4.02
PE Ratio	7.78
Forward PE	8.56
Dividend	n/a
Ex-Dividend Date	n/a

Volume	101,514
Open	31.21
Previous Close	31.31
Day's Range	31.07 - 31.66
52-Week Range	18.33 - 40.92
Beta	1.70
Analysts	Strong Buy
Price Target	32.50 (+3.83%)
Earnings Date	Apr 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.

• Industry: Real Estate - Development
• Sector: Real Estate
• IPO Date: Dec 12, 2007
• Employees: 303
• Stock Exchange: NYSE
• Ticker Symbol: FOR

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%.

Analyst Forecast

According to 3 analysts, the average rating for FOR stock is "Strong Buy." The 12-month stock price forecast is $32.5, which is an increase of 3.83% from the latest price.

Price Target

$32.5

(3.83% upside)

Analyst Consensus: Strong Buy