Forestar Group Inc. (FOR)
| Market Cap | 747.54M |
| Revenue (ttm) | 1.52B |
| Net Income (ttm) | 178.80M |
| Shares Out | 49.80M |
| EPS (ttm) | 3.71 |
| PE Ratio | 4.06 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 135,282 |
| Open | 14.98 |
| Previous Close | 15.02 |
| Day's Range | 14.78 - 15.09 |
| 52-Week Range | 10.28 - 22.6 |
| Beta | 1.69 |
| Analysts | Buy |
| Price Target | 16.15 (+7.3%) |
| Earnings Date | Nov 9, 2022 |
About FOR
Forestar Group Inc. operates as a residential lot development company in the United States. The 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 is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R. Horton, Inc. [Read more]
Financial Performance
In 2022, Forestar Group's revenue was $1.52 billion, an increase of 14.58% compared to the previous year's $1.33 billion. Earnings were $178.80 million, an increase of 62.25%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for FOR stock is "Buy." The 12-month stock price forecast is 16.15, which is an increase of 7.31% from the latest price.
News
Wall Street Analysts Predict a 31% Upside in Forestar Group (FOR): Here's What You Should Know
The mean of analysts' price targets for Forestar Group (FOR) points to a 31.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among anal...
Are Investors Undervaluing Forestar Group (FOR) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Fast-paced Momentum Stock Forestar Group (FOR) Is Still Trading at a Bargain
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Forestar Group (FOR) could be a great choice. It is one of the several stocks that pas...
Snap These 4 Top-Ranked Liquid Stocks to Power Your Portfolio
Here are four top-ranked liquid stocks, Perion Network (PERI), WhiteHorse Finance, (WHF), Forestar Group (FOR) and TravelCenters of America (TA), which investors can add to their portfolio for returns.
How Much Upside is Left in Forestar Group (FOR)? Wall Street Analysts Think 40%
The average of price targets set by Wall Street analysts indicates a potential upside of 39.7% in Forestar Group (FOR). While the effectiveness of this highly sought-after metric is questionable, the po...
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.
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.
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.
2 Real Estate Development Stocks to Avoid Amid Industry Woes
Zacks Real Estate - Development industry stocks LGIH and FOR are likely to bear the brunt of rising interest rates and inflationary pressure as well as a shortage in construction materials.
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
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.
Is Forestar Group (FOR) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Is Forestar Group (FOR) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Forestar Group (FOR) Loses 13% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Forestar Group (FOR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revisi...
Forestar Group (FOR) is an Incredible Growth Stock: 3 Reasons Why
Forestar Group (FOR) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Forestar Group (FOR) Moves to Buy: Rationale Behind the Upgrade
Forestar Group (FOR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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.
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.
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.
Forestar Group (FOR) Upgraded to Strong Buy: Here's Why
Forestar Group (FOR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
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.
Why Fast-paced Mover Forestar Group (FOR) Is a Great Choice for Value Investors
Forestar Group (FOR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still tr...
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.
Forestar Reports Fourth Quarter and Fiscal 2021 Results
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR #earnings--Forestar reported that net income for the fourth quarter of fiscal 2021 increased 82% to $44.0 million or $0.89 per diluted share.
Forestar to Release 2021 Fourth Quarter and Fiscal Year-End Earnings on November 4, 2021
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR #earnings--Forestar announced that it will release financial results for its fourth quarter and fiscal year ended September 30, 2021 on November 4, 2021.