NYSE:FORForestar 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. Since then, FOR shares have increased by 20.7% and is now trading at $17.99.
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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.

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

3 brokers have issued twelve-month price targets for Forestar Group's stock. Their forecasts range from $12.00 to $21.00. On average, they anticipate Forestar Group's stock price to reach $16.50 in the next year. This suggests that the stock has a possible downside of 8.3%.
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Media headlines about FOR stock have been trending somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Forestar Group earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave press coverage about the oil and gas exploration company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days.
View the latest news about Forestar Group.

Forestar Group saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 469,600 shares, a drop of 7.3% from the July 15th total of 506,600 shares. Based on an average daily volume of 139,000 shares, the short-interest ratio is presently 3.4 days. Currently, 2.9% of the shares of the stock are sold short.
View Forestar Group's Current Options Chain.

Some companies that are related to Forestar Group include Innovative Industrial Properties (IIPR), Cushman & Wakefield (CWK), Colliers International Group (CIGI), Kennedy-Wilson (KW), Shanghai Industrial (SGHIY), Getty Realty (GTY), Urban Edge Properties (UE), Office Properties Income Trust (OPI), Gazit Globe (GZTGF), Armada Hoffler Properties (AHH), Five Point (FPH), HomeFed (HOFD), Ellington Financial (EFC), Front Yard Residential (RESI) and Leju (LEJU).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Forestar Group investors own include Citigroup (C), Micron Technology (MU), Alibaba Group (BABA), Cisco Systems (CSCO), General Electric (GE), Graphic Packaging (GPK), JPMorgan Chase & Co. (JPM), Nokia Oyj (NOK), Southwestern Energy (SWN) and BlackBerry (BB).

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

Forestar Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include UBS Group AG (1.87%), Real Estate Management Services LLC (0.34%), Assenagon Asset Management S.A. (0.18%), First Trust Advisors LP (0.11%), Swiss National Bank (0.08%) and Russell Investments Group Ltd. (0.05%). 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.

FOR stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., First Trust Advisors LP, WINTON GROUP Ltd, Denali Advisors LLC, SG Americas Securities LLC, Russell Investments Group Ltd., Swiss National Bank, and Real Estate Management Services 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.

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 $17.99.

Forestar Group has a market capitalization of $864.60 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.

The official website for Forestar Group is 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]