Forestar Group Inc. (FOR)
NYSE: FOR · IEX Real-Time Price · USD
34.09
-2.05 (-5.67%)
Apr 17, 2024, 3:26 PM EDT - 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 32.5, with a low estimate of 32 and a high estimate of 33.5. The average target predicts a decrease of -4.66% from the current stock price of 34.09.
Analyst Consensus: Strong Buy
* Price targets were last updated on Dec 1, 2023.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 $30 → $34 | Hold | Maintains | $30 → $34 | -1.73% | Dec 1, 2023 |
Citigroup | Citigroup | Strong Buy Maintains $30 → $32 | Strong Buy | Maintains | $30 → $32 | -6.13% | Jul 24, 2023 |
BTIG | BTIG | Hold → Strong Buy Upgrades $32 | Hold → Strong Buy | Upgrades | $32 | -6.13% | Jul 21, 2023 |
Citigroup | Citigroup | Strong Buy Maintains $22 → $30 | Strong Buy | Maintains | $22 → $30 | -12.00% | Jul 6, 2023 |
Citigroup | Citigroup | Strong Buy Maintains $22 → $30 | Strong Buy | Maintains | $22 → $30 | -12.00% | Jul 5, 2023 |
Financial Forecast
Revenue This Year
1.55B
from 1.44B
Increased by 7.52%
Revenue Next Year
1.74B
from 1.55B
Increased by 12.49%
EPS This Year
3.88
from 3.33
Increased by 16.57%
EPS Next Year
4.19
from 3.88
Increased by 7.98%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.7B | 1.9B | 1.9B |
Avg | 1.5B | 1.7B | 1.8B |
Low | 1.4B | 1.6B | 1.7B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 16.8% | 23.1% | 6.6% |
Avg | 7.5% | 12.5% | 2.5% |
Low | 0.6% | 2.5% | -0.5% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 4.13 | 4.45 |
Avg | 3.88 | 4.19 |
Low | 3.66 | 3.98 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | 23.9% | 14.7% |
Avg | 16.6% | 8.0% |
Low | 9.8% | 2.5% |
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.