FOR icon

Forestar Group

25.96 USD
+0.44
1.72%
At close Dec 20, 4:00 PM EST
After hours
25.96
+0.00
0.00%
1 day
1.72%
5 days
-6.79%
1 month
-10.20%
3 months
-21.90%
6 months
-16.77%
Year to date
-19.83%
1 year
-23.80%
5 years
21.08%
10 years
68.35%
 

About: Forestar Group Inc is a residential lot development company with operations across the United States. The core business segment for the company is real estate which generates all of it's revenues. The firm fundamentally acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency. Single-family residential communities account for the majority of their real estate projects. The company utilizes a lower-risk business model mainly by investing in short duration, phased development projects.

Employees: 393

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

14% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 51

3% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 29

1% more funds holding

Funds holding: 169 [Q2] → 170 (+1) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

0% less capital invested

Capital invested by funds: $579M [Q2] → $578M (-$799K) [Q3]

0.5% less ownership

Funds ownership: 35.82% [Q2] → 35.31% (-0.5%) [Q3]

34% less call options, than puts

Call options by funds: $812K | Put options by funds: $1.23M

Research analyst outlook

We haven’t received any recent analyst ratings for FOR.

Financial journalist opinion

Positive
Seeking Alpha
1 week ago
Forestar Group: Capitalizing On Lot Supply Constraints And Strong Market Demand
Forestar is poised to benefit from persistent residential housing shortage and a favorable interest rate environment, driving demand for residential lots and land sales. The company has shown impressive growth, with a 22% increase in net income for FY'24, driven by increased lot sales and strategic market expansion. The company's strong financial position, minimal leverage, and substantial liquidity provide a solid foundation for future growth and shareholder returns.
Forestar Group: Capitalizing On Lot Supply Constraints And Strong Market Demand
Neutral
Business Wire
2 weeks ago
Forestar Group Inc. to Release 2025 First Quarter Earnings on January 21, 2025
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that the Company will release financial results for its first quarter ended December 31, 2024 on Tuesday, January 21, 2025.
Forestar Group Inc. to Release 2025 First Quarter Earnings on January 21, 2025
Neutral
Seeking Alpha
1 month ago
Forestar Group Inc. (FOR) Q4 2024 Earnings Conference Call Transcript
Forestar Group Inc. (NYSE:FOR ) Q4 2024 Earnings Conference Call October 29, 2024 11:00 AM ET Company Participants Katie Smith - Director of Finance and IR Andy Oxley - President and CEO Jim Allen - CFO Mark Walker - COO Conference Call Participants Carl Reichardt - BTIG Asher Sohnen - Citigroup Trevor Allinson - Wolfe Research Alex Barron - Housing Research Center Operator Good morning, and welcome to Forestar's Fourth Quarter and Fiscal 2024 Earnings Conference Call. At this time all participants are in a listen-on mod, and we will open for questions following the presentation.
Forestar Group Inc. (FOR) Q4 2024 Earnings Conference Call Transcript
Neutral
Business Wire
1 month ago
Forestar Reports Fourth Quarter and Fiscal 2024 Results
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. (“Forestar”) (NYSE: FOR), a leading national residential lot developer, today reported financial results for its fourth quarter and fiscal year ended September 30, 2024. Fiscal 2024 Fourth Quarter Highlights All comparisons are year-over-year Net income increased 13% to $81.6 million or $1.60 per diluted share Pre-tax income increased 14% to $108.5 million, with a pre-tax profit margin of 19.7% Revenues of $551.4 million on 5,374 lots sold.
Forestar Reports Fourth Quarter and Fiscal 2024 Results
Positive
Zacks Investment Research
2 months ago
3 Real Estate Development Stocks to Consider as Fundamentals Rebound
Interest rate cut and healthy demand for certain real estate categories poise Real Estate Development industry players like HHH, GRBK and FOR well for growth.
3 Real Estate Development Stocks to Consider as Fundamentals Rebound
Positive
Seeking Alpha
2 months ago
Forestar Group: Benefitting From Constraints On Residential Lot Supply
Forestar Group is well-positioned to benefit from persistent residential housing shortage and a favorable interest rate environment, driving demand for residential lots and land sales. The company aims to double its market share to 5% by leveraging its national footprint and strategic relationship with D.R. Horton, but also with other builders too. Forestar's disciplined focus on return on equity and selective project underwriting enhances profitability and minimizes risk, ensuring high-quality developments.
Forestar Group: Benefitting From Constraints On Residential Lot Supply
Neutral
Business Wire
3 months ago
Forestar to Release 2024 Fourth Quarter and Fiscal Year-End Earnings on October 29, 2024
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that it will release financial results for its fourth quarter and fiscal year ended September 30, 2024 on October 29, 2024.
Forestar to Release 2024 Fourth Quarter and Fiscal Year-End Earnings on October 29, 2024
Neutral
Seeking Alpha
5 months ago
Forestar Group Inc. (FOR) Q3 2024 Earnings Call Transcript
Forestar Group Inc. (NYSE:FOR ) Q3 2024 Earnings Conference Call July 18, 2024 5:00 PM ET Company Participants Katie Smith - Director of Finance and IR Andy Oxley - President and CEO Jim Allen - CFO Mark Walker - COO Conference Call Participants Carl Reichardt - BTIG Anthony Pettinari - Citi Operator Good afternoon and welcome to Forestar's Third Quarter 2024 Earnings Conference Call. At this time, All participants are in a listen-only mode.
Forestar Group Inc. (FOR) Q3 2024 Earnings Call Transcript
Negative
The Motley Fool
5 months ago
Why Forestar Group Stock Is Down Today
Forestar missed top- and bottom-line estimates in the quarter. The company is building its inventory of lots ahead of an eventual recovery in the homebuilding market.
Why Forestar Group Stock Is Down Today
Negative
Zacks Investment Research
5 months ago
Forestar Group (FOR) Q3 Earnings and Revenues Miss Estimates
Forestar Group (FOR) came out with quarterly earnings of $0.76 per share, missing the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.93 per share a year ago.
Forestar Group (FOR) Q3 Earnings and Revenues Miss Estimates
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