Positive News SentimentPositive NewsNYSE:FOR Forestar Group (FOR) Stock Price, News & Analysis $30.12 +0.15 (+0.50%) (As of 09/6/2024 08:48 PM ET) Add Compare Share Share Today's Range$29.85▼$30.5750-Day Range$28.23▼$36.9152-Week Range$22.71▼$40.92Volume125,200 shsAverage Volume209,208 shsMarket Capitalization$1.53 billionP/E Ratio7.49Dividend YieldN/APrice Target$38.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Forestar Group alerts: Email Address Forestar Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside28.4% Upside$38.67 Price TargetShort InterestHealthy2.41% of Float Sold ShortDividend StrengthN/ASustainability-2.44Upright™ Environmental ScoreNews Sentiment1.69Based on 2 Articles This WeekInsider TradingSelling Shares$159,887 Sold Last QuarterProj. Earnings Growth7.26%From $3.72 to $3.99 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.55 out of 5 starsFinance Sector80th out of 865 stocksReal Estate Industry3rd out of 22 stocks 3.3 Analyst's Opinion Consensus RatingForestar Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageForestar Group has only been the subject of 3 research reports in the past 90 days.Read more about Forestar Group's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.41% of the float of Forestar Group has been sold short.Short Interest Ratio / Days to CoverForestar Group has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Forestar Group has recently decreased by 22.75%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldForestar Group does not currently pay a dividend.Dividend GrowthForestar Group does not have a long track record of dividend growth. Previous Next 2.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreForestar Group has received a 3.34% net impact score from Upright. Forestar seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is driven by its "Foundation works" and "Plots for homes" products. See details.Environmental SustainabilityThe Environmental Impact score for Forestar Group is -2.44. Previous Next 3.2 News and Social Media Coverage News SentimentForestar Group has a news sentiment score of 1.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Forestar Group this week, compared to 2 articles on an average week.Search Interest3 people have searched for FOR on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Forestar Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Forestar Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $159,887.00 in company stock.Percentage Held by InsidersOnly 0.49% of the stock of Forestar Group is held by insiders.Percentage Held by InstitutionsOnly 35.50% of the stock of Forestar Group is held by institutions.Read more about Forestar Group's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Forestar Group are expected to grow by 7.26% in the coming year, from $3.72 to $3.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Forestar Group is 7.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Forestar Group is 7.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.04.Price to Book Value per Share RatioForestar Group has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Forestar Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying with both fists. They know it's only a matter of time before another bull run. Now, Crypto Insiders Are Scooping up Lesser-Known Coins and Making Serious BankGo here to get full details on this crypto now. About Forestar Group Stock (NYSE:FOR)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. Forestar Group Inc. operates as a subsidiary of D.R. Horton, Inc.Read More FOR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FOR Stock News HeadlinesAugust 22, 2024 | finance.yahoo.comInvestors in Forestar Group (NYSE:FOR) have seen decent returns of 56% over the past five yearsAugust 15, 2024 | fortune.comForestar GroupSeptember 9, 2024 | Golden Crest (Ad)Biden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.August 13, 2024 | msn.comThe Rock Hill region’s next 1,500 homes may go somewhere new. Will they strain services?August 11, 2024 | msn.comLawsuit planned against Harford County home development over runoff concernsAugust 11, 2024 | msn.comGuyton developer James Dasher to try his luck again in PembrokeJuly 31, 2024 | investing.comForestar Group director sells shares worth over $24,000July 30, 2024 | msn.com750-home development planned for CelinaSeptember 9, 2024 | Golden Crest (Ad)Biden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.July 19, 2024 | in.investing.comEarnings call: Forestar reports solid demand in Q3 with strategic growth plansJuly 19, 2024 | seekingalpha.comForestar Group Inc. (FOR) Q3 2024 Earnings Call TranscriptJuly 19, 2024 | uk.finance.yahoo.comForestar Reports Fiscal 2024 Third Quarter ResultsJuly 19, 2024 | marketwatch.comForestar Group Shares Drop 16% After 3Q Earnings, Revenue MissesJuly 19, 2024 | finance.yahoo.comQ3 2024 Forestar Group Inc Earnings CallJuly 19, 2024 | markets.businessinsider.comBuy Rating Affirmed: Forestar Group’s Strong Long-Term Outlook Despite Short-Term SetbacksJuly 19, 2024 | gurufocus.comQ3 2024 Forestar Group Inc Earnings Call TranscriptJuly 19, 2024 | gurufocus.comForestar Group Inc (FOR) Q3 2024 Earnings Call Transcript Highlights: Key Takeaways and ...July 18, 2024 | fool.comWhy Forestar Group Stock Is Down TodaySee More Headlines Receive FOR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Forestar Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/18/2024Today9/08/2024Fiscal Year End9/30/2024Next Earnings (Confirmed)10/29/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate Sub-IndustryReal Estate Development Current SymbolNYSE:FOR CUSIP34623310 CIK1406587 Webwww.forestar.com Phone(817) 769-1860Fax302-636-5454Employees340Year FoundedN/APrice Target and Rating Average Stock Price Target$38.67 High Stock Price Target$43.00 Low Stock Price Target$36.00 Potential Upside/Downside+28.4%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.02 Trailing P/E Ratio7.49 Forward P/E Ratio8.10 P/E GrowthN/ANet Income$166.90 million Net Margins12.89% Pretax Margin17.05% Return on Equity13.48% Return on Assets7.56% Debt Debt-to-Equity Ratio0.47 Current Ratio1.50 Quick Ratio1.50 Sales & Book Value Annual Sales$1.51 billion Price / Sales1.01 Cash Flow$3.31 per share Price / Cash Flow9.09 Book Value$29.87 per share Price / Book1.01Miscellaneous Outstanding Shares50,603,000Free Float50,355,000Market Cap$1.52 billion OptionableOptionable Beta1.76 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Donald J. Tomnitz (Age 76)Executive Chairman of the Board Comp: $1.97MMr. James D. Allen CPA (Age 64)Executive VP, CFO & Treasurer Comp: $888.24kMr. Mark Stephen Walker (Age 48)Executive VP & COO Comp: $787.55kMr. Daniel C. Bartok (Age 67)Consultant Comp: $1.97MMr. Anthony W. Oxley (Age 60)President & CEO Ms. Katie SmithDirector of Finance & Investor RelationsAshley DagleySenior VP & Corporate SecretaryMore ExecutivesKey CompetitorsInnovative Industrial PropertiesNYSE:IIPRCushman & WakefieldNYSE:CWKUrban Edge PropertiesNYSE:UEGetty RealtyNYSE:GTYKennedy-WilsonNYSE:KWView All CompetitorsInsiders & InstitutionsAlgert Global LLCSold 26,450 shares on 8/16/2024Ownership: 0.178%Creative PlanningSold 542 shares on 8/16/2024Ownership: 0.020%Dark Forest Capital Management LPBought 3,538 shares on 8/15/2024Ownership: 0.047%The Manufacturers Life Insurance Company Bought 765 shares on 8/15/2024Ownership: 0.022%Mackenzie Financial CorpSold 736 shares on 8/15/2024Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions FOR Stock Analysis - Frequently Asked Questions How have FOR shares performed this year? Forestar Group's stock was trading at $33.07 at the beginning of the year. Since then, FOR stock has decreased by 8.9% and is now trading at $30.12. View the best growth stocks for 2024 here. How were Forestar Group's earnings last quarter? Forestar Group Inc. (NYSE:FOR) announced its quarterly earnings results on Thursday, July, 18th. The oil and gas exploration company reported $0.76 earnings per share for the quarter, missing analysts' consensus estimates of $0.89 by $0.13. The oil and gas exploration company earned $318.40 million during the quarter, compared to analysts' expectations of $370.50 million. Forestar Group had a trailing twelve-month return on equity of 13.48% and a net margin of 12.89%. 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. Who are Forestar Group's major shareholders? Forestar Group's top institutional investors include Dimensional Fund Advisors LP (4.82%), American Century Companies Inc. (0.91%), Principal Financial Group Inc. (0.63%) and Hennessy Advisors Inc. (0.42%). Insiders that own company stock include Daniel C Bartok, GF (Rick) Ringler III, Anthony W Oxley, Elizabeth Parmer 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Forestar Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Forestar Group investors own include Boeing (BA), Citigroup (C), NVIDIA (NVDA), Toll Brothers (TOL), Enphase Energy (ENPH), Mastercard (MA) and Micron Technology (MU). This page (NYSE:FOR) was last updated on 9/9/2024 by MarketBeat.com Staff From Our PartnersThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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