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

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.

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.

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

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.

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.

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.

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.

Some companies that are related to Forestar Group include Kennedy-Wilson (KW), Shanghai Industrial (SGHIY), Colliers International Group (CIGI), Innovative Industrial Properties (IIPR), Office Properties Income Trust (OPI), Urban Edge Properties (UE), Gazit Globe (GZTGF), Getty Realty (GTY), Five Point (FPH), Front Yard Residential (RESI), HomeFed (HOFD), Armada Hoffler Properties (AHH), FRP (FRPH), Tejon Ranch (TRC) and Seritage Growth Properties (SRG).

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).

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 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.

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.

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.

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.

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

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.

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

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]