NYSE:FOR Forestar Group (FOR) Stock Forecast, Price & News $26.11 -0.51 (-1.92%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$25.78▼$26.9650-Day Range$26.11▼$31.0352-Week Range$10.28▼$31.43Volume265,650 shsAverage Volume146,652 shsMarket Capitalization$1.30 billionP/E Ratio8.97Dividend YieldN/APrice Target$25.83 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Forestar Group MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside1.1% Downside$25.83 Price TargetShort InterestHealthy2.17% of Float Sold ShortDividend StrengthN/ASustainability-2.44Upright™ Environmental ScoreNews Sentiment1.08Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth25.44%From $2.83 to $3.55 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.2.13 out of 5 starsFinance Sector615th out of 866 stocksReal Estate Industry17th out of 25 stocks 1.3 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.83, Forestar Group has a forecasted downside of 1.1% from its current price of $26.11.Amount of Analyst CoverageForestar Group has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.17% 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 1.9, 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 13.53%, 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 3.9 News and Social Media Coverage News SentimentForestar Group has a news sentiment score of 1.08. 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 4 news articles for Forestar Group this week, compared to 1 article on an average week.Search Interest3 people have searched for FOR on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Forestar Group to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Forestar Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.25% of the stock of Forestar Group is held by insiders.Percentage Held by InstitutionsOnly 35.94% of the stock of Forestar Group is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Forestar Group are expected to grow by 25.44% in the coming year, from $2.83 to $3.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Forestar Group is 8.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Forestar Group is 8.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.04.Price to Book Value per Share RatioForestar Group has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Forestar Group (NYSE:FOR) StockForestar 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.Read More FOR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FOR Stock News HeadlinesOctober 4, 2023 | americanbankingnews.comForestar Group (NYSE:FOR) Cut to Hold at StockNews.comSeptember 27, 2023 | americanbankingnews.comForestar Group (NYSE:FOR) Shares Pass Above Two Hundred Day Moving Average of $22.36October 4, 2023 | Edge On The Street (Ad)The Strategic Gold Play You Haven't Heard AboutExperts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure. September 26, 2023 | finance.yahoo.comForestar to Release 2023 Fourth Quarter and Fiscal Year-End Earnings on November 7, 2023August 30, 2023 | finance.yahoo.comJones Lang (JLL) to Manage Rolls-Royce's Global FM OperationsAugust 21, 2023 | finance.yahoo.comForestar Group (FOR) Could Find a Support Soon, Here's Why You Should Buy the Stock NowAugust 17, 2023 | msn.comNewmark (NMRK) Expands Capital Markets Services With New LaunchAugust 17, 2023 | finance.yahoo.com2 Top Picks From the Rebounding Real Estate Development IndustryOctober 4, 2023 | Edge On The Street (Ad)The Strategic Gold Play You Haven't Heard AboutExperts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure. August 15, 2023 | finance.yahoo.comIs Forestar Group Inc. (NYSE:FOR) Potentially Undervalued?July 27, 2023 | finance.yahoo.comParty Time: Brokers Just Made Major Increases To Their Forestar Group Inc. (NYSE:FOR) Earnings ForecastsJuly 26, 2023 | seekingalpha.comForestar Group: Linchpin Of The Resurgent Home Building SectorJuly 24, 2023 | benzinga.comWhere Forestar Group Stands With AnalystsJuly 21, 2023 | msn.comBTIG Upgrades Forestar Group Inc (FOR)July 21, 2023 | seekingalpha.comForestar stock climbs after Q3 earnings beat, BTIG upgrade to BuyJuly 21, 2023 | finance.yahoo.comQ3 2023 Forestar Group Inc Earnings CallJuly 20, 2023 | finance.yahoo.comForestar Reports Fiscal 2023 Third Quarter ResultsJuly 20, 2023 | finance.yahoo.comForestar Group (FOR) Q3 Earnings and Revenues Surpass EstimatesJuly 19, 2023 | benzinga.comForestar Group Earnings PreviewJuly 5, 2023 | benzinga.comCitigroup Maintains Buy on Forestar Group, Raises Price Target to $30June 15, 2023 | finance.yahoo.comForestar to Release 2023 Third Quarter Earnings on July 20, 2023June 13, 2023 | businesswire.comRenn Quarter, Frederick Master Planned Community, Celebrates Amenity Center Groundbreaking CeremonyJune 8, 2023 | finance.yahoo.comIs Forestar Group Inc.'s (NYSE:FOR) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?June 8, 2023 | msn.comForestar: Headcount Growth And Lot Price Increase Could Imply UndervaluationMay 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, 2023See 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 FOR Company Calendar Last Earnings7/20/2023Today10/04/2023Next Earnings (Confirmed)11/07/2023Fiscal Year End9/30/2024Get 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) 769-1860Fax302-636-5454Employees282Year FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.91 Trailing P/E Ratio8.97 Forward P/E Ratio9.23 P/E GrowthN/ANet Income$178.80 million Net Margins11.45% Pretax Margin15.18% Return on Equity11.70% Return on Assets6.19% Debt Debt-to-Equity Ratio0.55 Current Ratio1.88 Quick Ratio1.88 Sales & Book Value Annual Sales$1.52 billion Price / Sales0.86 Cash Flow$3.53 per share Price / Cash Flow7.39 Book Value$24.10 per share Price / Book1.08Miscellaneous Outstanding Shares49,900,000Free Float49,779,000Market Cap$1.30 billion OptionableOptionable Beta1.63 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Donald J. Tomnitz (Age 75)Exec. Chairman Comp: $2.11MMr. Daniel C. Bartok (Age 67)Chief Exec. Officer Comp: $2.11MMr. James D. Allen CPA (Age 63)Exec. VP, CFO & Treasurer Comp: $908.2kMr. Mark Stephen Walker (Age 47)Exec. VP & COO Ms. Katie SmithDirector of Fin. & Investor RelationsAshley DagleySr. VP & Corp. Sec.More ExecutivesKey CompetitorsGetty RealtyNYSE:GTYClaros Mortgage TrustNYSE:CMTGCushman & WakefieldNYSE:CWKArmada Hoffler PropertiesNYSE:AHHUrban Edge PropertiesNYSE:UEView All CompetitorsInsiders & InstitutionsBarclays PLCSold 2,010 shares on 9/21/2023Ownership: 0.015%California State Teachers Retirement SystemSold 653 shares on 8/21/2023Ownership: 0.047%Nuveen Asset Management LLCBought 54,050 shares on 8/16/2023Ownership: 0.205%Alliancebernstein L.P.Bought 1,320 shares on 8/15/2023Ownership: 0.041%Citadel Advisors LLCBought 300 shares on 8/15/2023Ownership: 0.000%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 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? 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), Hartford Multifactor Small Cap ETF (ROSC) and Royce Quant Small-Cap Quality Value ETF (SQLV).IQ Chaikin U.S. Small Cap ETF (CSML). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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