Positive News SentimentPositive NewsNYSE:FOR Forestar Group (FOR) Stock Forecast, Price & News $20.50 -0.20 (-0.97%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$20.39▼$20.6950-Day Range$14.74▼$20.7052-Week Range$10.28▼$20.96Volume81,149 shsAverage Volume111,858 shsMarket Capitalization$1.02 billionP/E Ratio7.37Dividend YieldN/APrice Target$17.17 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Forestar Group MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside16.3% Downside$17.17 Price TargetShort InterestBearish2.44% of Float Sold ShortDividend StrengthN/ASustainability-2.44Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$40,240 Sold Last QuarterProj. Earnings Growth6.55%From $2.29 to $2.44 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.65 out of 5 starsFinance Sector764th out of 851 stocksReal Estate Industry22nd out of 23 stocks 1.2 Analyst's Opinion Consensus RatingForestar Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.17, Forestar Group has a forecasted downside of 16.3% from its current price of $20.50.Amount of Analyst CoverageForestar Group has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.44% 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 4.Change versus previous monthShort interest in Forestar Group has recently increased by 20.58%, indicating that investor sentiment is decreasing 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 3.1 News and Social Media Coverage News SentimentForestar Group has a news sentiment score of 1.56. 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 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Forestar Group this week, compared to 1 article on an average week.Search InterestOnly 3 people have searched for FOR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows1 people have added Forestar Group to their MarketBeat watchlist in the last 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 $40,240.00 in company stock.Percentage Held by InsidersOnly 0.25% of the stock of Forestar Group is held by insiders.Percentage Held by InstitutionsOnly 35.02% of the stock of Forestar Group is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Forestar Group are expected to grow by 6.55% in the coming year, from $2.29 to $2.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Forestar Group is 7.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Forestar Group is 7.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 156.47.Price to Book Value per Share RatioForestar Group has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Forestar Group (NYSE:FOR) StockForestar 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.Read More 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 FOR Stock News HeadlinesMay 18, 2023 | americanbankingnews.comForestar Group (NYSE:FOR) Earns Hold Rating from Analysts at StockNews.comMay 16, 2023 | americanbankingnews.comForestar Group Inc. (NYSE:FOR) Director G.F. (Rick) Ringler III Sells 2,000 Shares of StockJune 6, 2023 | Legacy Research (Affiliate) (Ad)“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin$100 is all you need… Former Goldman Sachs managing director Dr. Nomi Prins has identified an investment she’s calling ‘the world’s hardest asset’ – and she’s recommending it to friends, family, and followers.May 11, 2023 | finance.yahoo.comThe Zacks Analyst Blog Highlights Forestar Group, Green Brick Partners, M.D.C. Holdings, Meritage Homes and J SainsburyMay 10, 2023 | finance.yahoo.com5 Mid-Cap Stocks on a RollMay 10, 2023 | finance.yahoo.comForestar to Present at the J.P. Morgan Homebuilding & Building Products Conference on May 17, 2023April 29, 2023 | finance.yahoo.comThis Just In: Analysts Are Boosting Their Forestar Group Inc. (NYSE:FOR) Outlook for This YearApril 27, 2023 | finance.yahoo.comForestar Group (FOR) Shows Fast-paced Momentum But Is Still a Bargain StockJune 6, 2023 | Legacy Research (Affiliate) (Ad)“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin$100 is all you need… Former Goldman Sachs managing director Dr. Nomi Prins has identified an investment she’s calling ‘the world’s hardest asset’ – and she’s recommending it to friends, family, and followers.April 26, 2023 | americanbankingnews.comForestar Group (NYSE:FOR) Hits New 1-Year High Following Analyst UpgradeApril 24, 2023 | americanbankingnews.comForestar Group (NYSE:FOR) PT Raised to $22.00April 22, 2023 | americanbankingnews.comForestar Group (NYSE:FOR) Shares Gap Up to $15.51April 21, 2023 | finance.yahoo.comQ2 2023 Forestar Group Inc Earnings CallApril 20, 2023 | benzinga.comForestar Group shares are trading higher after the company reported better-than-expected Q2 EPS and sales results.April 20, 2023 | msn.comForestar Group: Q2 Earnings InsightsApril 20, 2023 | msn.comRecap: Forestar Group Q2 EarningsApril 20, 2023 | finance.yahoo.comForestar Reports Fiscal 2023 Second Quarter ResultsApril 20, 2023 | finance.yahoo.comForestar Group (FOR) Q2 Earnings and Revenues Beat EstimatesApril 19, 2023 | benzinga.comForestar Group's Earnings OutlookApril 19, 2023 | americanbankingnews.comForestar Group (FOR) to Release Earnings on ThursdayMarch 30, 2023 | finance.yahoo.comThose who invested in Forestar Group (NYSE:FOR) three years ago are up 53%March 30, 2023 | finance.yahoo.comThose who invested in Forestar Group (NYSE:FOR) three years ago are up 53%March 15, 2023 | finance.yahoo.comForestar to Release 2023 Second Quarter Earnings on April 20, 2023March 9, 2023 | finance.yahoo.comHere's Why Forestar Group (NYSE:FOR) Has Caught The Eye Of InvestorsFebruary 17, 2023 | finance.yahoo.comShould You Investigate Forestar Group Inc. (NYSE:FOR) At US$14.34?January 24, 2023 | finance.yahoo.comForestar Group (FOR) Q1 Earnings and Revenues Lag EstimatesJanuary 24, 2023 | finance.yahoo.comForestar Reports Fiscal 2023 First Quarter ResultsSee More Headlines FOR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FOR Company Calendar Last Earnings11/04/2021Today6/05/2023Next Earnings (Estimated)7/18/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate Sub-IndustryReal Estate Development SectorFinance Current SymbolNYSE:FOR CUSIP34623310 CIK1406587 Webwww.forestar.com Phone(817) 769-1860Fax302-636-5454Employees309Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.17 High Stock Price Forecast$22.00 Low Stock Price Forecast$13.50 Forecasted Upside/Downside-16.3%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.78 Trailing P/E Ratio7.37 Forward P/E Ratio8.95 P/E GrowthN/ANet Income$178.80 million Net Margins11.44% Pretax Margin15.14% Return on Equity11.48% Return on Assets5.95% Debt Debt-to-Equity Ratio0.57 Current Ratio1.33 Quick Ratio1.33 Sales & Book Value Annual Sales$1.52 billion Price / Sales0.67 Cash Flow$3.61 per share Price / Cash Flow5.68 Book Value$24.10 per share Price / Book0.85Miscellaneous Outstanding Shares49,900,000Free Float49,773,000Market Cap$1.02 billion OptionableOptionable Beta1.62 Key ExecutivesDaniel C. BartokChief Executive OfficerMark S. WalkerChief Operating Officer & Executive Vice PresidentJames D. AllenChief Financial Officer & Executive Vice PresidentKatie SmithDirector-Finance & Investor RelationsAshley DagleySecretary, SVP-Corporate & Securities CounselKey CompetitorsArmada Hoffler PropertiesNYSE:AHHEllington FinancialNYSE:EFCINDUS Realty TrustNASDAQ:INDTHudson Pacific PropertiesNYSE:HPPFRPNASDAQ:FRPHView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 11,635 shares on 5/22/2023Ownership: 1.206%JPMorgan Chase & Co.Bought 204,845 shares on 5/18/2023Ownership: 1.216%State Street CorpBought 8,911 shares on 5/16/2023Ownership: 0.702%First Trust Advisors LPBought 3,647 shares on 5/16/2023Ownership: 0.096%Squarepoint Ops LLCBought 2,377 shares on 5/16/2023Ownership: 0.031%View All Insider TransactionsView All Institutional Transactions FOR Stock - Frequently Asked Questions Should I buy or sell Forestar Group stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Forestar Group in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 equities research analysts have issued 12 month target prices for Forestar Group's stock. Their FOR share price forecasts range from $13.50 to $22.00. On average, they predict the company's share price to reach $17.17 in the next twelve months. This suggests that the stock has a possible downside of 16.3%. 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 beginning of the year. Since then, FOR shares have increased by 33.0% and is now trading at $20.50. 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 volume of 110,400 shares, the days-to-cover ratio is currently 4.0 days. Currently, 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) released its earnings results on Thursday, November, 4th. The oil and gas exploration company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.20. The oil and gas exploration company earned $418.70 million during the quarter, compared to the consensus estimate 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 previous year, the business earned $0.50 earnings per share. What ETFs hold Forestar Group's stock? ETFs with the largest weight of Forestar Group (NYSE:FOR) stock in their portfolio include Amplify Inflation Fighter ETF (IWIN), First Trust Dow Jones Select Microcap Index Fund (FDM), Royce Quant Small-Cap Quality Value ETF (SQLV), Hartford Multifactor Small Cap ETF (ROSC) and Fidelity MSCI Real Estate Index ETF (FREL).Vanguard Real Estate ETF (VNQ), 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 many different 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 $20.50. How much money does Forestar Group make? Forestar Group (NYSE:FOR) has a market capitalization of $1.02 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 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Forestar Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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