Forestar Group (FOR) Expected to Announce Quarterly Earnings on Tuesday

Forestar Group (NYSE:FOR - Get Free Report) is anticipated to issue its Q3 2025 quarterly earnings data before the market opens on Tuesday, July 22nd. Analysts expect the company to announce earnings of $0.78 per share and revenue of $397.50 million for the quarter. Forestar Group has set its FY 2025 guidance at EPS.

Forestar Group (NYSE:FOR - Get Free Report) last posted its earnings results on Thursday, April 17th. The oil and gas exploration company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.07). The company had revenue of $351.00 million for the quarter, compared to analysts' expectations of $379.60 million. Forestar Group had a return on equity of 10.65% and a net margin of 11.45%. On average, analysts expect Forestar Group to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Forestar Group Trading Down 1.3%

Forestar Group stock opened at $22.34 on Tuesday. The stock has a market cap of $1.14 billion, a P/E ratio of 6.77 and a beta of 1.40. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.73 and a current ratio of 0.73. Forestar Group has a fifty-two week low of $18.00 and a fifty-two week high of $37.21. The firm's fifty day moving average price is $20.10 and its 200-day moving average price is $21.64.

Wall Street Analyst Weigh In

Separately, BTIG Research reduced their price target on Forestar Group from $36.00 to $29.00 and set a "buy" rating on the stock in a report on Monday, April 21st.

Insider Buying and Selling at Forestar Group

In other news, Director Elizabeth Parmer sold 1,460 shares of Forestar Group stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $20.57, for a total value of $30,032.20. Following the completion of the transaction, the director owned 3,357 shares in the company, valued at approximately $69,053.49. The trade was a 30.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.40% of the company's stock.

Institutional Investors Weigh In On Forestar Group

Large investors have recently added to or reduced their stakes in the stock. Strs Ohio purchased a new stake in Forestar Group in the first quarter worth about $74,000. NewEdge Advisors LLC lifted its stake in Forestar Group by 63.7% in the first quarter. NewEdge Advisors LLC now owns 4,829 shares of the oil and gas exploration company's stock worth $102,000 after acquiring an additional 1,879 shares during the period. Jane Street Group LLC purchased a new stake in Forestar Group in the first quarter worth about $850,000. AQR Capital Management LLC lifted its stake in Forestar Group by 32.1% in the first quarter. AQR Capital Management LLC now owns 227,559 shares of the oil and gas exploration company's stock worth $4,811,000 after acquiring an additional 55,266 shares during the period. Finally, Millennium Management LLC increased its holdings in Forestar Group by 50.8% during the first quarter. Millennium Management LLC now owns 489,230 shares of the oil and gas exploration company's stock valued at $10,342,000 after buying an additional 164,753 shares during the period. 35.50% of the stock is owned by hedge funds and other institutional investors.

Forestar Group Company Profile

Forestar Group Inc operates as a residential lot development company in the United States. The company acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to local, regional, and national homebuilders. The company was incorporated in 2005 and is headquartered in Arlington, Texas.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.