Forestar Group Inc. (FOR)
NYSE: FOR · Real-Time Price · USD
31.78
+0.55 (1.77%)
Nov 4, 2024, 12:38 PM EST - Market open
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 21.67% from the current stock price of 31.78.
Analyst Consensus: Strong Buy
* 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 '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $38 → $36 | Hold | Maintains | $38 → $36 | +13.27% | Jul 25, 2024 |
| BTIG | BTIG | Strong Buy Maintains $41 → $37 | Strong Buy | Maintains | $41 → $37 | +16.42% | Jul 19, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $46 → $43 | Strong Buy | Maintains | $46 → $43 | +35.30% | Jul 2, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $44 → $46 | Strong Buy | Maintains | $44 → $46 | +44.74% | May 17, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $30 → $34 | Hold | Maintains | $30 → $34 | +5.41% | Dec 1, 2023 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.5% | 22.0% | 11.0% |
| Avg | 2.7% | 13.1% | 6.8% |
| Low | -1.0% | 7.7% | 3.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.98 | 4.19 |
| Avg | 3.77 | 3.97 |
| Low | 3.63 | 3.76 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.