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S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
Would Buffett Approve of This Growth Strategy? (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Inflation is Why a Soft Landing is Bad for the Economy
Would Buffett Approve of This Growth Strategy? (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
Would Buffett Approve of This Growth Strategy? (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Inflation is Why a Soft Landing is Bad for the Economy
Would Buffett Approve of This Growth Strategy? (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
Would Buffett Approve of This Growth Strategy? (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
Inflation is Why a Soft Landing is Bad for the Economy
Would Buffett Approve of This Growth Strategy? (Ad)
EU announces plans to better protect its sensitive technologies from foreign snooping
A Growing 4% Dividend makes this a REIT to Shop For
NYSE:FOR

Forestar Group (FOR) Stock Forecast, Price & News

$26.11
-0.51 (-1.92%)
(As of 10/3/2023 ET)
Compare
Today's Range
$25.78
$26.96
50-Day Range
$26.11
$31.03
52-Week Range
$10.28
$31.43
Volume
265,650 shs
Average Volume
146,652 shs
Market Capitalization
$1.30 billion
P/E Ratio
8.97
Dividend Yield
N/A
Price Target
$25.83

Forestar Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
1.1% Downside
$25.83 Price Target
Short Interest
Healthy
2.17% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.44
Upright™ Environmental Score
News Sentiment
1.08mentions of Forestar Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
25.44%
From $2.83 to $3.55 Per Share

Overall MarketRank

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

2.13 out of 5 stars

Finance Sector

615th out of 866 stocks

Real Estate Industry

17th out of 25 stocks


FOR stock logo

About Forestar Group (NYSE:FOR) Stock

Forestar Group Inc. operates as a residential lot development company in the United States. The 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 is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R. Horton, Inc.

FOR Price History

FOR Stock News Headlines

Forestar Group (NYSE:FOR) Cut to Hold at StockNews.com
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Where Forestar Group Stands With Analysts
Q3 2023 Forestar Group Inc Earnings Call
Forestar Reports Fiscal 2023 Third Quarter Results
Forestar Group Earnings Preview
5 Mid-Cap Stocks on a Roll
See More Headlines
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FOR Company Calendar

Last Earnings
7/20/2023
Today
10/04/2023
Next Earnings (Confirmed)
11/07/2023
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Real estate
Sub-Industry
Real Estate Development
Sector
Finance
CUSIP
34623310
Employees
282
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$25.83
High Stock Price Forecast
$32.00
Low Stock Price Forecast
$13.50
Forecasted Upside/Downside
-1.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$178.80 million
Pretax Margin
15.18%

Debt

Sales & Book Value

Annual Sales
$1.52 billion
Cash Flow
$3.53 per share
Book Value
$24.10 per share

Miscellaneous

Free Float
49,779,000
Market Cap
$1.30 billion
Optionable
Optionable
Beta
1.63
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Key Executives

  • Mr. Donald J. Tomnitz (Age 75)
    Exec. Chairman
    Comp: $2.11M
  • Mr. Daniel C. BartokMr. Daniel C. Bartok (Age 67)
    Chief Exec. Officer
    Comp: $2.11M
  • Mr. James D. Allen CPAMr. James D. Allen CPA (Age 63)
    Exec. VP, CFO & Treasurer
    Comp: $908.2k
  • Mr. Mark Stephen Walker (Age 47)
    Exec. VP & COO
  • Ms. Katie Smith
    Director of Fin. & Investor Relations
  • Ashley Dagley
    Sr. VP & Corp. Sec.













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 year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FOR shares.
View FOR analyst ratings
or view top-rated stocks.

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

3 brokers have issued twelve-month target prices for Forestar Group's shares. Their FOR share price forecasts range from $13.50 to $32.00. On average, they predict the company's stock price to reach $25.83 in the next twelve months. This suggests that the stock has a possible downside of 1.1%.
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 stock has increased by 69.4% and is now trading at $26.11.
View the best growth stocks for 2023 here
.

Are investors shorting Forestar Group?

Forestar Group saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 395,500 shares, a decline of 13.5% from the August 31st total of 457,400 shares. Based on an average daily volume of 207,300 shares, the days-to-cover ratio is presently 1.9 days. Currently, 2.2% of the company's shares 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, November 7th 2023.
View our FOR earnings forecast
.

How can I listen to Forestar Group's earnings call?

Forestar Group will be holding an earnings conference call on Tuesday, November 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-481-4010 with passcode "49118".

How were Forestar Group's earnings last quarter?

Forestar Group Inc. (NYSE:FOR) issued its earnings results on Thursday, July, 20th. The oil and gas exploration company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.29. The oil and gas exploration company earned $368.90 million during the quarter, compared to analyst estimates of $290.40 million. Forestar Group had a net margin of 11.45% and a trailing twelve-month return on equity of 11.70%.

What ETFs hold Forestar Group's stock?
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."

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 $26.11.

How much money does Forestar Group make?

Forestar Group (NYSE:FOR) has a market capitalization of $1.30 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 $2.91 on an earnings per share basis.

How many employees does Forestar Group have?

The company employs 282 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 10/4/2023 by MarketBeat.com Staff

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