Forestar Group Inc. (FOR)

Forestar Group Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Forestar Group stock have an average target of 34, with a low estimate of 30 and a high estimate of 40. The average target predicts an increase of 49.38% from the current stock price of 22.76.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$30	$34	$32	$40
Change	+31.81%	+49.38%	+40.60%	+75.75%

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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	3	3	3	3	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	4	4	4	4	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Rehaut JP Morgan	JP Morgan	Hold Maintains $37 → $30	Hold	Maintains	$37 → $30	+31.81%	Jan 28, 2025
Anthony Pettinari Citigroup	Citigroup	Strong Buy Maintains $39 → $32	Strong Buy	Maintains	$39 → $32	+40.60%	Jan 23, 2025
Anthony Pettinari Citigroup	Citigroup	Strong Buy Maintains $43 → $39	Strong Buy	Maintains	$43 → $39	+71.35%	Jan 6, 2025
Michael Rehaut JP Morgan	JP Morgan	Hold Maintains $36 → $37	Hold	Maintains	$36 → $37	+62.57%	Nov 8, 2024
Ryan Gilbert BTIG	BTIG	Strong Buy Maintains $37 → $40	Strong Buy	Maintains	$37 → $40	+75.75%	Oct 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.67B

Increased by 10.37%

from 1.51B

Revenue Next Year

1.85B

Increased by 11.16%

from 1.67B

EPS This Year

3.60

Decreased by -10.03%

from 4.00

EPS Next Year

4.07

Increased by 13.10%

from 3.60

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	931.80M	1.33B	1.52B	1.44B	1.51B	1.67B	1.85B	1.97B
Revenue Growth	117.56%	42.28%	14.58%	-5.41%	5.05%	10.37%	11.16%	6.37%
EPS	1.26	2.25	3.59	3.33	4.00	3.60	4.07	4.75
EPS Growth	60.27%	78.57%	59.51%	-7.22%	20.12%	-10.03%	13.10%	16.66%
Forward PE	-	-	-	-	-	6.32	5.59	4.79
No. Analysts	-	-	-	-	-	4	4	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	1.8B	2.0B	2.0B
Avg	1.7B	1.9B	2.0B
Low	1.6B	1.7B	1.9B

Revenue Growth

Revenue Growth	2025	2026	2027
High	18.3%	18.5%	10.6%
Avg	10.4%	11.2%	6.4%
Low	5.8%	4.7%	3.2%

EPS Forecast

EPS	2025	2026	2027
High	4.04	4.57	4.94
Avg	3.60	4.07	4.75
Low	3.33	3.66	4.61

EPS Growth

EPS Growth	2025	2026	2027
High	1.1%	26.9%	21.3%
Avg	-10.0%	13.1%	16.7%
Low	-16.7%	1.6%	13.2%

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.