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NYSE:FOR - Forestar Group Stock Price, Forecast & News

$11.80
-0.95 (-7.45 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$11.72
Now: $11.80
$12.42
50-Day Range
$11.09
MA: $17.48
$21.84
52-Week Range
$9.75
Now: $11.80
$23.11
Volume122,700 shs
Average Volume140,572 shs
Market Capitalization$566.70 million
P/E Ratio11.24
Dividend YieldN/A
Beta1.79
Forestar Group Inc. operates as a real estate lot development company. It engages in the acquisition, entitlement, and development of infrastructure for single-family residential communities. Forestar Group Inc. sells residential lots primarily to homebuilders, as well as sells commercial properties. The company is headquartered in Austin, Texas. Forestar Group Inc. operates as a subsidiary of D.R. Horton, Inc.
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Forestar Group logo

Industry, Sector and Symbol

Industry Real estate
Sub-IndustryReal Estate Development
SectorFinance
CUSIP34623310
Phone817-769-1860

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$428.30 million
Cash Flow$0.78 per share
Book Value$16.85 per share

Profitability

Net Income$33 million

Miscellaneous

Employees41
Market Cap$566.70 million
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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Forestar Group (NYSE:FOR) Frequently Asked Questions

How has Forestar Group's stock been impacted by COVID-19 (Coronavirus)?

Forestar Group's stock was trading at $14.91 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FOR stock has decreased by 20.9% and is now trading at $11.80. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Forestar Group?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forestar Group in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Forestar Group.

When is Forestar Group's next earnings date?

Forestar Group is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Forestar Group.

How were Forestar Group's earnings last quarter?

Forestar Group Inc. (NYSE:FOR) announced its quarterly earnings data on Thursday, January, 23rd. The oil and gas exploration company reported $0.35 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.13 by $0.22. The oil and gas exploration company earned $247.20 million during the quarter, compared to analyst estimates of $169.50 million. Forestar Group had a return on equity of 6.18% and a net margin of 7.32%. View Forestar Group's earnings history.

What price target have analysts set for FOR?

4 brokerages have issued twelve-month price objectives for Forestar Group's shares. Their forecasts range from $22.00 to $24.00. On average, they anticipate Forestar Group's stock price to reach $23.00 in the next year. This suggests a possible upside of 94.9% from the stock's current price. View analysts' price targets for Forestar Group.

Has Forestar Group been receiving favorable news coverage?

Media stories about FOR stock have trended very positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Forestar Group earned a news sentiment score of 4.0 on InfoTrie's scale. They also assigned press coverage about the oil and gas exploration company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutForestar Group.

Are investors shorting Forestar Group?

Forestar Group saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 498,600 shares, a drop of 8.7% from the February 27th total of 546,000 shares. Based on an average trading volume of 107,700 shares, the days-to-cover ratio is presently 4.6 days. Approximately 3.0% of the company's stock are short sold. View Forestar Group's Current Options Chain.

Who are some of Forestar Group's key competitors?

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 Cisco Systems (CSCO), Micron Technology (MU), Netflix (NFLX), Citigroup (C), Tanger Factory Outlet Centers (SKT), AGNC Investment (AGNC), The Carlyle Group (CG), CyrusOne (CONE), Perdoceo Education (PRDO) and AbbVie (ABBV).

Who are Forestar Group's key executives?

Forestar Group's management team includes the following people:
  • Mr. Donald J. Tomnitz, Exec. Chairman (Age 71)
  • Mr. Daniel C. Bartok, Chief Exec. Officer (Age 63)
  • Mr. Charles D. Jehl, Exec. VP, CFO & Treasurer (Age 51)
  • Mr. Matthew S. Stark, Sr. VP & Gen. Counsel
  • Mr. Michael J. Quinley, Pres of East Region (Age 57)

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 a number of institutional and retail investors. Top institutional investors include Bamco Inc. NY (2.47%), Geode Capital Management LLC (0.37%), State Street Corp (0.37%), Heartland Advisors Inc. (0.36%), Real Estate Management Services LLC (0.30%) and Cooper Creek Partners Management LLC (0.28%). Company insiders that own Forestar Group stock include Daniel C Bartok, Donald J Tomnitz, GF (Rick) Ringler III and M Ashton Hudson. View institutional ownership trends for Forestar Group.

Which major investors are selling Forestar Group stock?

FOR stock was sold by a variety of institutional investors in the last quarter, including Laurion Capital Management LP, Panagora Asset Management Inc., Bamco Inc. NY, Renaissance Technologies LLC, and Bank of Montreal Can. View insider buying and selling activity for Forestar Group.

Which major investors are buying Forestar Group stock?

FOR stock was purchased by a variety of institutional investors in the last quarter, including Cooper Creek Partners Management LLC, Geode Capital Management LLC, Summit Global Investments, Charles Schwab Investment Management Inc., Marshall Wace LLP, Real Estate Management Services LLC, AE Wealth Management LLC, and Jacobs Levy Equity Management Inc.. Company insiders that have bought Forestar Group stock in the last two years include Daniel C Bartok, Donald J Tomnitz, and M Ashton Hudson. View insider buying and selling activity for Forestar Group.

How do I buy shares of Forestar Group?

Shares of FOR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Forestar Group's stock price today?

One share of FOR stock can currently be purchased for approximately $11.80.

How big of a company is Forestar Group?

Forestar Group has a market capitalization of $566.70 million and generates $428.30 million in revenue each year. The oil and gas exploration company earns $33 million in net income (profit) each year or $0.79 on an earnings per share basis. Forestar Group employs 41 workers across the globe. View additional information about Forestar Group.

What is Forestar Group's official website?

The official website for Forestar Group is http://www.forestar.com/.

How can I contact Forestar Group?

Forestar Group's mailing address is 2221 E. LAMAR BLVD. SUITE 790, ARLINGTON TX, 76006. The oil and gas exploration company can be reached via phone at 817-769-1860 or via email at [email protected]


MarketBeat Community Rating for Forestar Group (NYSE FOR)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  183 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  370
MarketBeat's community ratings are surveys of what our community members think about Forestar Group and other stocks. Vote "Outperform" if you believe FOR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FOR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/28/2020 by MarketBeat.com Staff

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