Forestar Group/FOR

$34.38

1.95%
-
1D1W1MYTD1YMAX

About Forestar Group

Forestar Group Inc. is a residential lot development company. The Company is focused primarily on making investments in land acquisition and development to sell finished single-family residential lots to homebuilders. The Company operates through its real estate segment. The real estate segment primarily acquires land and installs infrastructure for single-family residential communities, and sales residential single-family finished lots to local, regional and national homebuilders. Its real estate segment conducts a range of project planning and management activities related to the entitlement, acquisition, community development and sale of residential lots. The Company has operations in over 52 markets and approximately 20 states and its lot position consisted of 90,100 residential lots, of which approximately 61,800 were owned and 28,300 were controlled through purchase contracts.

Ticker

FOR

Sector

Industrials

Trading on

NYSE

Industry

Construction Services

CEO

Anthony Oxley

Employees

233

Headquarters

Arlington, United States

Forestar Group Metrics

BasicAdvanced
$1.72B
Market cap
9.38
P/E ratio
$3.67
EPS
1.69
Beta
-
Dividend rate

What the Analysts think about Forestar Group

Analyst Ratings

Majority rating from 4 analysts.
Buy

Price Targets

Average projection from 3 analysts.
20.22% upside
High $44.00
Low $39.00
$34.38
Current price
$41.33
Average price target

Forestar Group Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
12.48% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$305.9M
-44.36%
Net income
$38.2M
-47.24%
Profit margin
12.48%
-5.17%

Forestar Group Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 51.7%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.54
$0.93
$1.45
$0.76
-
Expected
$0.34
$0.55
$0.94
$0.50
$0.72
Surprise
57.09%
67.64%
54.46%
51.7%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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