Forestar Group Inc. (FOR)

NYSE: FOR · IEX Real-Time Price · USD
14.91
-0.01 (-0.07%)
Jan 27, 2023, 4:00 PM EST - Market closed

Total Valuation

Forestar Group has a market cap or net worth of $742.11 million. The enterprise value is $1.23 billion.

Market Cap 742.11M
Enterprise Value 1.23B

Important Dates

The last earnings date was Tuesday, January 24, 2023, after market close.

Last Earnings Date Jan 24, 2023
Ex-Dividend Date n/a

Share Statistics

Forestar Group has 49.77 million shares outstanding. The number of shares has increased by 0.40% in one year.

Shares Outstanding 49.77M
Shares Change (YoY) +0.40%
Shares Change (QoQ) +0.20%
Owned by Insiders (%) 63.58%
Owned by Institutions (%) 36.14%
Float 13.45M

Valuation Ratios

The trailing PE ratio is 4.66.

PE Ratio 4.66
Forward PE n/a
PS Ratio 0.56
Forward PS 0.57
PB Ratio 0.61
P/FCF Ratio 14.11
PEG Ratio 3.50
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.79, with an EV/FCF ratio of 23.42.

EV / Earnings 7.74
EV / Sales 0.93
EV / EBITDA 5.79
EV / EBIT 5.86
EV / FCF 23.42

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.58
Debt / EBITDA 3.32
Debt / FCF 13.43

Financial Efficiency

Return on equity (ROE) is 13.60% and return on invested capital (ROIC) is 7.50%.

Return on Equity (ROE) 13.60%
Return on Assets (ROA) 6.90%
Return on Capital (ROIC) 7.50%
Revenue Per Employee $4.56M
Profits Per Employee $546,735
Employee Count 291
Asset Turnover 0.58
Inventory Turnover n/a

Taxes

In the past 12 months, Forestar Group has paid $51.10 million in taxes.

Income Tax 51.10M
Effective Tax Rate 24.31%

Stock Price Statistics

The stock price has decreased by -20.65% in the last 52 weeks. The beta is 1.65, so Forestar Group's price volatility has been higher than the market average.

Beta (1Y) 1.65
52-Week Price Change -20.65%
50-Day Moving Average 15.36
200-Day Moving Average 14.15
Average Volume (30 Days) 114,231

Short Selling Information

The latest short interest is 280,714, so 0.56% of the outstanding shares have been sold short.

Short Interest 280,714
Short Previous Month 302,303
Short % of Shares Out 0.56%
Short % of Float 2.09%
Short Ratio (days to cover) 2.71

Income Statement

In the last 12 months, Forestar Group had revenue of $1.33 billion and earned $159.10 million in profits. Earnings per share was $3.20.

Revenue 1.33B
Gross Profit 298.10M
Operating Income 207.40M
Pretax Income 210.20M
Net Income 159.10M
EBITDA 212.80M
EBIT 210.20M
Earnings Per Share (EPS) $3.20
Full Income Statement

Balance Sheet

The company has $216.40 million in cash and $706.40 million in debt, giving a net cash position of -$490.00 million or -$9.84 per share.

Cash & Cash Equivalents 216.40M
Total Debt 706.40M
Net Cash -490.00M
Net Cash Per Share -$9.84
Equity / Book Value 1.22B
Book Value Per Share 24.50
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $53.10 million and capital expenditures -$500,000, giving a free cash flow of $52.60 million.

Operating Cash Flow 53.10M
Capital Expenditures -500,000
Free Cash Flow 52.60M
FCF Per Share $1.05
Full Cash Flow Statement

Margins

Gross margin is 22.44%, with operating and profit margins of 15.62% and 11.98%.

Gross Margin 22.44%
Operating Margin 15.62%
Pretax Margin 15.83%
Profit Margin 11.98%
EBITDA Margin 16.02%
EBIT Margin 15.83%
FCF Margin 3.96%

Dividends & Yields

Forestar Group does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 21.44%
FCF Yield 7.09%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield -0.40%
Shareholder Yield -0.40%
Dividend Details

Analyst Forecast

The average price target for Forestar Group is $17.17, which is 15.16% higher than the current price. The consensus rating is "Buy".

Price Target $17.17
Price Target Difference 15.16%
Analyst Consensus Buy
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a