Forestar Group Inc. (FOR)
NYSE: FOR · Real-Time Price · USD
31.23
-0.34 (-1.08%)
Nov 1, 2024, 4:00 PM EDT - Market closed

Forestar Group Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Forestar Group stock have an average target of 38.67, with a low estimate of 36 and a high estimate of 43. The average target predicts an increase of 23.82% from the current stock price of 31.23.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $36 $38.67 $37 $43
Change +15.27% +23.82% +18.48% +37.69%
* Price targets were last updated on Jul 25, 2024.

Analyst Ratings

The average analyst rating for Forestar Group stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 222222
Buy 000000
Hold 111111
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Hold
Maintains
$38$36
Hold Maintains $38$36 +15.27% Jul 25, 2024
BTIG
BTIG
Strong Buy
Maintains
$41$37
Strong Buy Maintains $41$37 +18.48% Jul 19, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$46$43
Strong Buy Maintains $46$43 +37.69% Jul 2, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$44$46
Strong Buy Maintains $44$46 +47.29% May 17, 2024
JP Morgan
JP Morgan
Hold
Maintains
$30$34
Hold Maintains $30$34 +7.27% Dec 1, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
1.48B
from 1.44B
Increased by 2.72%
Revenue Next Year
1.67B
from 1.48B
Increased by 13.08%
EPS This Year
3.77
from 3.33
Increased by 13.33%
EPS Next Year
3.97
from 3.77
Increased by 5.08%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Sep 30, 2019 Sep 30, 2020 Sep 30, 2021 Sep 30, 2022 Sep 30, 2023 Sep 30, 2024 Sep 30, 2025 Sep 30, 2026
Revenue
428.30M931.80M1.33B1.52B1.44B1.48B1.67B1.78B
Revenue Growth
292.22%117.56%42.28%14.58%-5.41%2.72%13.08%6.77%
EPS
0.791.262.253.593.333.773.97-
EPS Growth
-35.59%60.27%78.57%59.51%-7.22%13.33%5.08%-
Forward PE
-----8.277.87-
No. Analysts -----442
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 1.5B 1.8B 1.9B
Avg 1.5B 1.7B 1.8B
Low 1.4B 1.6B 1.7B

Revenue Growth

Revenue Growth 202420252026
High
7.5%
22.0%
11.0%
Avg
2.7%
13.1%
6.8%
Low
-1.0%
7.7%
3.6%

EPS Forecast

EPS 20242025
High 3.98 4.19
Avg 3.77 3.97
Low 3.63 3.76

EPS Growth

EPS Growth 20242025
High
19.5%
11.0%
Avg
13.3%
5.1%
Low
8.9%
-0.3%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.