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NYSE:FOR

Forestar Group Stock Forecast, Price & News

$18.50
-0.55 (-2.89 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$18.27
Now: $18.50
$19.21
50-Day Range
$17.31
MA: $18.07
$19.05
52-Week Range
$9.43
Now: $18.50
$23.11
Volume133,135 shs
Average Volume131,516 shs
Market Capitalization$889.11 million
P/E Ratio17.45
Dividend YieldN/A
Beta2.21
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

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.02 out of 5 stars


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$0.84 per share
Book Value$16.85 per share

Profitability

Net Income$33 million

Miscellaneous

Employees41
Market Cap$889.11 million
Next Earnings DateN/A
OptionableOptionable
$18.50
-0.55 (-2.89 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Forestar Group (NYSE:FOR) Frequently Asked Questions

How has Forestar Group's stock price been impacted by 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 increased by 24.1% and is now trading at $18.50.
View which stocks have been most impacted by COVID-19
.

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

3 Wall Street 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, resulting in a consensus recommendation of "Buy."
View analyst ratings for Forestar Group
.

How were Forestar Group's earnings last quarter?

Forestar Group Inc. (NYSE:FOR) announced its quarterly earnings results on Thursday, July, 23rd. The oil and gas exploration company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.17. The oil and gas exploration company earned $177.90 million during the quarter, compared to the consensus estimate of $53.55 million. Forestar Group had a net margin of 6.01% and a return on equity of 5.67%.
View Forestar Group's earnings history
.

What price target have analysts set for FOR?

3 brokers have issued 12-month price objectives for Forestar Group's stock. Their forecasts range from $12.00 to $21.00. On average, they expect Forestar Group's stock price to reach $16.50 in the next year. This suggests that the stock has a possible downside of 10.8%.
View analysts' price targets for Forestar Group
.

Are investors shorting Forestar Group?

Forestar Group saw a drop in short interest in the month of August. As of August 14th, there was short interest totaling 387,300 shares, a drop of 12.3% from the July 30th total of 441,600 shares. Based on an average daily volume of 126,700 shares, the days-to-cover ratio is currently 3.1 days. Approximately 2.4% of the company's stock are sold short.
View Forestar Group's Short Interest
.

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 Boeing (BA), NVIDIA (NVDA), Toll Brothers (TOL), Citigroup (C), Enphase Energy (ENPH), Mastercard (MA), Micron Technology (MU), Nokia Oyj (NOK), Pfizer (PFE) and QUALCOMM (QCOM).

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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.88%), UBS Group AG (1.87%), Bamco Inc. NY (1.38%), Lateef Investment Management L.P. (0.36%), Real Estate Management Services LLC (0.34%) and Healthcare of Ontario Pension Plan Trust Fund (0.26%). Company insiders that own Forestar Group stock include Daniel C Bartok, Donald J Tomnitz, GF (Rick) Ringler III, James Douglas Allen 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 Bamco Inc. NY, Vanguard Group Inc., Nuveen Asset Management LLC, Lateef Investment Management L.P., ClariVest Asset Management LLC, Goldman Sachs Group Inc., Healthcare of Ontario Pension Plan Trust Fund, and Two Sigma Advisers LP.
View insider buying and selling activity for Forestar Group
.

Which major investors are buying Forestar Group stock?

FOR stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., First Trust Advisors LP, Balyasny Asset Management LLC, PDT Partners LLC, AQR Capital Management LLC, WINTON GROUP Ltd, Denali Advisors LLC, and SG Americas Securities LLC. Company insiders that have bought Forestar Group stock in the last two years include Daniel C Bartok, Donald J Tomnitz, James Douglas Allen, 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 $18.50.

How big of a company is Forestar Group?

Forestar Group has a market capitalization of $889.11 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.

What is Forestar Group's official website?

The official website for Forestar Group is 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]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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