Forestar Group - FOR Stock Forecast, Price & News

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

2 Wall Street research analysts have issued 1 year price objectives for Forestar Group's shares. Their FOR share price forecasts range from $16.00 to $25.00. On average, they expect the company's share price to reach $21.67 in the next year. This suggests a possible upside of 66.8% from the stock's current price.
View analysts price targets for FOR or view top-rated stocks among Wall Street analysts.

Forestar Group's stock was trading at $21.75 on January 1st, 2022. Since then, FOR stock has decreased by 40.3% and is now trading at $12.99.
View the best growth stocks for 2022 here.

Forestar Group is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our FOR earnings forecast.

Forestar Group Inc. (NYSE:FOR) released its quarterly earnings results on Tuesday, July, 19th. The oil and gas exploration company reported $0.80 EPS for the quarter, missing the consensus estimate of $0.91 by $0.11. The oil and gas exploration company had revenue of $308.50 million for the quarter, compared to the consensus estimate of $412.80 million. Forestar Group had a net margin of 11.05% and a trailing twelve-month return on equity of 15.89%. During the same period in the previous year, the company posted $0.61 earnings per share.

Forestar Group updated its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.43 billion-$1.43 billion, compared to the consensus revenue estimate of $1.71 billion.

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.

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).

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

Forestar Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.54%), Premier Fund Managers Ltd (0.40%), Los Angeles Capital Management LLC (0.30%), Denali Advisors LLC (0.16%), Swiss National Bank (0.09%) and Victory Capital Management Inc. (0.03%). Insiders that own company stock include Daniel C Bartok, GF (Rick) Ringler III, James Douglas Allen and Lisa H Jamieson.
View institutional ownership trends.

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.

One share of FOR stock can currently be purchased for approximately $12.99.

Forestar Group (NYSE:FOR) has a market capitalization of $646.37 million and generates $1.33 billion in revenue each year. The oil and gas exploration company earns $110.20 million in net income (profit) each year or $3.46 on an earnings per share basis.

Forestar Group employs 309 workers across the globe.

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.