Forestar GroupFOR
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: 427
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
225% more call options, than puts
Call options by funds: $117K | Put options by funds: $36K
15% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 52
12% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 26
0.3% more ownership
Funds ownership: 35.31% [Q3] → 35.61% (+0.3%) [Q4]
0% more funds holding
Funds holding: 170 [Q3] → 170 (+0) [Q4]
19% less capital invested
Capital invested by funds: $579M [Q3] → $468M (-$111M) [Q4]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
BTIG Ryan Gilbert 60% 1-year accuracy 3 / 5 met price target | 57%upside $29 | Buy Maintained | 21 Apr 2025 |
JP Morgan Michael Rehaut 59% 1-year accuracy 10 / 17 met price target | 63%upside $30 | Neutral Maintained | 28 Jan 2025 |
Citigroup Anthony Pettinari 25% 1-year accuracy 24 / 96 met price target | 73%upside $32 | Buy Maintained | 23 Jan 2025 |
Financial journalist opinion
