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S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
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S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
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Tax Software Specialist Vertex In Buy Zone After Base Breakout
NYSE:FOR

Forestar Group (FOR) Stock Forecast, Price & News

$21.28
+0.08 (+0.38%)
(As of 06/9/2023 ET)
Compare
Today's Range
$21.06
$21.41
50-Day Range
$14.85
$21.50
52-Week Range
$10.28
$21.62
Volume
90,442 shs
Average Volume
124,989 shs
Market Capitalization
$1.06 billion
P/E Ratio
7.65
Dividend Yield
N/A
Price Target
$17.17

Forestar Group MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
19.3% Downside
$17.17 Price Target
Short Interest
Bearish
2.44% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.44
Upright™ Environmental Score
News Sentiment
1.40mentions of Forestar Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$40,240 Sold Last Quarter
Proj. Earnings Growth
6.55%
From $2.29 to $2.44 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.70 out of 5 stars

Finance Sector

760th out of 866 stocks

Real Estate Industry

20th out of 23 stocks


FOR stock logo

About Forestar Group (NYSE:FOR) Stock

Forestar Group Inc. is a residential lot development company, which engages in the provision of real estate business. The firm focuses on making investments in land acquisition and development to sell finished single-family residential lots to homebuilders. The company was founded in 2007 and is headquartered in Arlington, TX.

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FOR Stock News Headlines

BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
5 Mid-Cap Stocks on a Roll
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Forestar Group (NYSE:FOR) PT Raised to $22.00
Forestar Group (NYSE:FOR) Shares Gap Up to $15.51
Q2 2023 Forestar Group Inc Earnings Call
Forestar Group: Q2 Earnings Insights
Recap: Forestar Group Q2 Earnings
Forestar Reports Fiscal 2023 Second Quarter Results
Forestar Group's Earnings Outlook
Forestar Group (FOR) to Release Earnings on Thursday
See More Headlines

FOR Price History

FOR Company Calendar

Last Earnings
11/04/2021
Today
6/09/2023
Next Earnings (Estimated)
7/18/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Real estate
Sub-Industry
Real Estate Development
Sector
Finance
CUSIP
34623310
Employees
309
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$17.17
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$13.50
Forecasted Upside/Downside
-19.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$178.80 million
Pretax Margin
15.14%

Debt

Sales & Book Value

Annual Sales
$1.52 billion
Cash Flow
$3.61 per share
Book Value
$24.10 per share

Miscellaneous

Free Float
49,703,000
Market Cap
$1.06 billion
Optionable
Optionable
Beta
1.62

Key Executives

  • Daniel C. BartokDaniel C. Bartok
    Chief Executive Officer
  • Mark S. Walker
    Chief Operating Officer & Executive Vice President
  • James D. AllenJames D. Allen
    Chief Financial Officer & Executive Vice President
  • Katie Smith
    Director-Finance & Investor Relations
  • Ashley Dagley
    Secretary, SVP-Corporate & Securities Counsel













FOR Stock - Frequently Asked Questions

Should I buy or sell Forestar Group stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Forestar Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FOR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FOR, but not buy additional shares or sell existing shares.
View FOR analyst ratings
or view top-rated stocks.

What is Forestar Group's stock price forecast for 2023?

3 brokers have issued 1-year price objectives for Forestar Group's stock. Their FOR share price forecasts range from $13.50 to $22.00. On average, they predict the company's stock price to reach $17.17 in the next twelve months. This suggests that the stock has a possible downside of 19.3%.
View analysts price targets for FOR
or view top-rated stocks among Wall Street analysts.

How have FOR shares performed in 2023?

Forestar Group's stock was trading at $15.41 at the start of the year. Since then, FOR shares have increased by 38.1% and is now trading at $21.28.
View the best growth stocks for 2023 here
.

Are investors shorting Forestar Group?

Forestar Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 444,100 shares, an increase of 20.6% from the April 30th total of 368,300 shares. Based on an average daily trading volume, of 110,400 shares, the short-interest ratio is presently 4.0 days. Approximately 2.4% of the shares of the stock are sold short.
View Forestar Group's Short Interest
.

When is Forestar Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 18th 2023.
View our FOR earnings forecast
.

How were Forestar Group's earnings last quarter?

Forestar Group Inc. (NYSE:FOR) issued its quarterly earnings results on Thursday, November, 4th. The oil and gas exploration company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.69 by $0.20. The oil and gas exploration company earned $418.70 million during the quarter, compared to analyst estimates of $389.75 million. Forestar Group had a trailing twelve-month return on equity of 11.48% and a net margin of 11.44%. During the same period in the prior year, the firm earned $0.50 earnings per share.

What is Jim DeCosmo's approval rating as Forestar Group's CEO?

4 employees have rated Forestar Group Chief Executive Officer Jim DeCosmo on Glassdoor.com. Jim DeCosmo has an approval rating of 42% among the company's employees. This puts Jim DeCosmo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Forestar Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Forestar Group investors own include Boeing (BA), Citigroup (C), NVIDIA (NVDA), Toll Brothers (TOL), Enphase Energy (ENPH), Mastercard (MA), Micron Technology (MU), Nokia Oyj (NOK), Pfizer (PFE) and QUALCOMM (QCOM).

What is Forestar Group's stock symbol?

Forestar Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "FOR."

Who are Forestar Group's major shareholders?

Forestar Group's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.06%), Dimensional Fund Advisors LP (2.74%), JPMorgan Chase & Co. (1.22%), Ameriprise Financial Inc. (1.21%), Geode Capital Management LLC (0.77%) and State Street Corp (0.70%). Insiders that own company stock include Daniel C Bartok, GF (Rick) Ringler III, James Douglas Allen and Lisa H Jamieson.
View institutional ownership trends
.

How do I buy shares of Forestar Group?

Shares of FOR 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.
Compare Top Brokerages Here.

What is Forestar Group's stock price today?

One share of FOR stock can currently be purchased for approximately $21.28.

How much money does Forestar Group make?

Forestar Group (NYSE:FOR) has a market capitalization of $1.06 billion and generates $1.52 billion in revenue each year. The oil and gas exploration company earns $178.80 million in net income (profit) each year or $2.78 on an earnings per share basis.

How many employees does Forestar Group have?

The company employs 309 workers across the globe.

How can I contact Forestar Group?

Forestar Group's mailing address is 2221 E. LAMAR BLVD. SUITE 790, ARLINGTON TX, 76006. The official website for the company is www.forestar.com. The oil and gas exploration company can be reached via phone at (817) 769-1860, via email at investorrelations@drhorton.com, or via fax at 302-636-5454.

This page (NYSE:FOR) was last updated on 6/10/2023 by MarketBeat.com Staff

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