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

Key Points

• Forestar Group is scheduled to announce Q2 2026 results on April 21, 2026 with a call at 11:00 AM ET; analysts expect $0.636 EPS and $372.6M revenue.
• In the prior quarter (reported Jan. 20) Forestar beat estimates with $0.30 EPS and $273M revenue (up 9% year-over-year), and analysts project about $3 EPS for the current fiscal year and $4 EPS next year.
• Shares trade near $26.19 with a 52‑week range of $18.00–$30.74, a market cap of $1.33B and a PE of 8.0; the consensus analyst rating is Hold with a $31.75 target, and institutional investors own roughly 35.5% after recent stake increases by several funds.

Forestar Group (NYSE:FOR - Get Free Report) is expected to be issuing its Q2 2026 results before the market opens on Tuesday, April 21st. Analysts expect the company to announce earnings of $0.6360 per share and revenue of $372.5650 million for the quarter. Parties are encouraged to explore the company's upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, April 21, 2026 at 11:00 AM ET.

Forestar Group (NYSE:FOR - Get Free Report) last posted its quarterly earnings results on Tuesday, January 20th. The oil and gas exploration company reported $0.30 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.09. Forestar Group had a return on equity of 9.76% and a net margin of 9.90%.The company had revenue of $273.00 million during the quarter, compared to the consensus estimate of $265.48 million. During the same period last year, the business earned $0.32 EPS. The business's quarterly revenue was up 9.0% on a year-over-year basis. 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 Stock Up 0.8%

FOR opened at $26.19 on Tuesday. Forestar Group has a fifty-two week low of $18.00 and a fifty-two week high of $30.74. The business has a 50-day moving average of $26.94 and a 200-day moving average of $26.10. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.71 and a quick ratio of 0.71. The company has a market capitalization of $1.33 billion, a PE ratio of 8.01 and a beta of 1.45.

Wall Street Analysts Forecast Growth

FOR has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Forestar Group in a research note on Thursday, January 22nd. Zacks Research downgraded Forestar Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 30th. Citigroup raised their price target on Forestar Group from $36.00 to $38.00 and gave the stock a "buy" rating in a research note on Wednesday, January 28th. Wall Street Zen downgraded Forestar Group from a "buy" rating to a "hold" rating in a research note on Friday, January 23rd. Finally, BTIG Research initiated coverage on Forestar Group in a research note on Monday, March 30th. They set a "hold" rating for the company. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $31.75.

Institutional Trading of Forestar Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FOR. Ameriprise Financial Inc. grew its holdings in Forestar Group by 232.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 529,863 shares of the oil and gas exploration company's stock valued at $10,597,000 after buying an additional 370,685 shares during the last quarter. Millennium Management LLC grew its holdings in Forestar Group by 50.8% in the 1st 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 last quarter. Alliancebernstein L.P. grew its holdings in Forestar Group by 235.3% in the 3rd quarter. Alliancebernstein L.P. now owns 159,053 shares of the oil and gas exploration company's stock valued at $4,229,000 after buying an additional 111,620 shares during the last quarter. Bank of America Corp DE grew its holdings in Forestar Group by 165.2% in the 3rd quarter. Bank of America Corp DE now owns 152,617 shares of the oil and gas exploration company's stock valued at $4,058,000 after buying an additional 95,065 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in Forestar Group by 30.3% in the 2nd quarter. AQR Capital Management LLC now owns 296,553 shares of the oil and gas exploration company's stock valued at $5,931,000 after buying an additional 68,994 shares during the last quarter. Institutional investors and hedge funds own 35.50% of the company's stock.

About Forestar Group

Forestar Group Inc, headquartered in Austin, Texas, is a residential lot development and management company focused on delivering finished home sites to homebuilders across the United States. The company acquires, entitles and develops land for single-family and multi-family housing, managing zoning, infrastructure and environmental approvals to prepare lots for construction. Forestar's integrated approach to land development spans from initial site acquisition through final lot delivery, providing homebuilders with ready-to-build parcels in a variety of markets.

In addition to lot development, Forestar operates a retail homebuilding segment through joint ventures and strategic partnerships with national and regional homebuilders.

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