Forrester Research (FORR) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forrester Research in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FORR shares.
View FORR analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1-year price objectives for Forrester Research's shares. Their FORR share price forecasts range from $37.00 to $37.00. On average, they predict the company's share price to reach $37.00 in the next twelve months. This suggests a possible upside of 19.0% from the stock's current price.
View analysts price targets for FORR or view top-rated stocks among Wall Street analysts.

Forrester Research's stock was trading at $35.76 at the beginning of 2023. Since then, FORR shares have decreased by 13.1% and is now trading at $31.08.
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Forrester Research saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 132,500 shares, an increase of 5.3% from the August 31st total of 125,800 shares. Based on an average daily trading volume, of 46,400 shares, the short-interest ratio is currently 2.9 days. Approximately 1.2% of the shares of the company are sold short.
View Forrester Research's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our FORR earnings forecast.

Forrester Research, Inc. (NASDAQ:FORR) posted its earnings results on Thursday, July, 27th. The technology company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.23. The technology company earned $135.59 million during the quarter, compared to analysts' expectations of $128.99 million. Forrester Research had a trailing twelve-month return on equity of 14.24% and a net margin of 0.98%.

Forrester Research (NASDAQ:FORR) pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 307.69%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FORR will have a dividend payout ratio of 56.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FORR.

Forrester Research updated its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $1.80-$2.00 for the period, compared to the consensus estimate of $2.08. The company issued revenue guidance of $475.00 million-$485.00 million, compared to the consensus revenue estimate of $480.82 million.

711 employees have rated Forrester Research Chief Executive Officer George F. Colony on Glassdoor.com. George F. Colony has an approval rating of 93% among the company's employees. This puts George F. Colony in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Forrester Research investors own include Altria Group (MO), AbbVie (ABBV), Dominion Energy (D), Consolidated Edison (ED), Eastman Chemical (EMN), Harley-Davidson (HOG), Helmerich & Payne (HP), International Business Machines (IBM), Intuit (INTU) and Invesco (IVZ).

Forrester Research trades on the NASDAQ under the ticker symbol "FORR."

Forrester Research's stock is owned by a number of institutional and retail investors. Top institutional investors include Royce & Associates LP (10.82%), BlackRock Inc. (9.62%), Renaissance Technologies LLC (3.25%), Dimensional Fund Advisors LP (3.18%), ArrowMark Colorado Holdings LLC (3.01%) and State Street Corp (2.28%). Insiders that own company stock include Alicia Lee, Anthony J Friscia, Carrie Johnson, David Boyce, Gretchen Teichgraeber, Kelley Hippler, Michael A Doyle, Neil Bradford, Robert Galford, Ryan Darrah, Scott Chouinard, Sherri Kottmann, Steven P Peltzman and Yvonne Wassenaar.
View institutional ownership trends.

Shares of FORR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FORR stock can currently be purchased for approximately $31.08.

Forrester Research (NASDAQ:FORR) has a market capitalization of $599.72 million and generates $513.83 million in revenue each year. The technology company earns $21.81 million in net income (profit) each year or $0.26 on an earnings per share basis.

The company employs 2,033 workers across the globe.

Forrester Research's mailing address is 60 ACORN PARK DRIVE, CAMBRIDGE MA, 02140. The official website for the company is www.forrester.com. The technology company can be reached via phone at (617) 613-6000, via email at investor@forrester.com, or via fax at 617-613-5000.