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S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
NYSE:FOR

Forestar Group - FOR Stock Forecast, Price & News

$15.09
+0.04 (+0.27%)
(As of 12/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.96
$15.20
50-Day Range
$10.43
$15.09
52-Week Range
$10.28
$22.60
Volume
118,903 shs
Average Volume
105,147 shs
Market Capitalization
$751.01 million
P/E Ratio
4.20
Dividend Yield
N/A
Price Target
$19.63

Forestar Group MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
30.1% Upside
$19.63 Price Target
Short Interest
Healthy
0.49% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.55
Upright™ Environmental Score
News Sentiment
1.03mentions of Forestar Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$23,000 Bought Last Quarter
Proj. Earnings Growth
-8.66%
From $2.77 to $2.53 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.49 out of 5 stars

Finance Sector

356th out of 872 stocks

Real Estate Industry

8th out of 21 stocks

FOR stock logo

About Forestar Group (NYSE:FOR) Stock

Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to local, regional, and national homebuilders. The company is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R. Horton, Inc.

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FOR Stock News Headlines

Forestar Group Full Year 2022 Earnings: Beats Expectations
Forestar Reports Fourth Quarter and Fiscal 2022 Results
FOR Forestar Group Inc.
Forestar Names Mark Walker Chief Operating Officer
Forestar Drops On Earnings Miss, Reduced Outlook
Forestar Group Inc. (FOR)
Forestar Group Q3 2022 Earnings Preview
See More Headlines
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FOR Company Calendar

Last Earnings
11/04/2021
Today
12/06/2022
Next Earnings (Estimated)
1/26/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Real estate
Sub-Industry
Real Estate Development
Sector
Finance
CUSIP
34623310
Employees
309
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$19.63
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$13.50
Forecasted Upside/Downside
+30.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$178.80 million
Pretax Margin
15.52%

Debt

Sales & Book Value

Annual Sales
$1.52 billion
Cash Flow
$3.66 per share
Book Value
$24.10 per share

Miscellaneous

Free Float
49,645,000
Market Cap
$751.01 million
Optionable
Optionable
Beta
1.72

Key Executives

  • Mr. Donald J. Tomnitz (Age 74)
    Exec. Chairman
    Comp: $1.76M
  • Mr. Daniel C. BartokMr. Daniel C. Bartok (Age 66)
    Chief Exec. Officer
    Comp: $1.76M
  • Mr. James D. Allen CPAMr. James D. Allen CPA (Age 62)
    Exec. VP, CFO, Treasurer & Principal Accounting Officer
    Comp: $736.36k
  • Mr. Mark Stephen Walker (Age 45)
    Exec. VP & COO
  • Ms. Katie Smith
    Director of Fin. & Investor Relations
  • Ashley Dagley
    VP & Corp. Sec.













FOR Stock - Frequently Asked Questions

Should I buy or sell Forestar Group stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forestar Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" FOR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FOR, but not buy additional shares or sell existing shares.
View FOR analyst ratings
or view top-rated stocks.

What is Forestar Group's stock price forecast for 2023?

3 brokers have issued 12 month target prices for Forestar Group's stock. Their FOR share price forecasts range from $13.50 to $25.00. On average, they predict the company's stock price to reach $19.63 in the next twelve months. This suggests a possible upside of 30.1% from the stock's current price.
View analysts price targets for FOR
or view top-rated stocks among Wall Street analysts.

How have FOR shares performed in 2022?

Forestar Group's stock was trading at $21.75 at the start of the year. Since then, FOR stock has decreased by 30.6% and is now trading at $15.09.
View the best growth stocks for 2022 here
.

Are investors shorting Forestar Group?

Forestar Group saw a drop in short interest in November. As of November 15th, there was short interest totaling 246,200 shares, a drop of 20.4% from the October 31st total of 309,200 shares. Based on an average daily trading volume, of 114,900 shares, the short-interest ratio is currently 2.1 days.
View Forestar Group's Short Interest
.

When is Forestar Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our FOR earnings forecast
.

How were Forestar Group's earnings last quarter?

Forestar Group Inc. (NYSE:FOR) posted its quarterly earnings data on Thursday, November, 4th. The oil and gas exploration company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.20. The oil and gas exploration company had revenue of $418.70 million for the quarter, compared to analysts' expectations of $389.75 million. Forestar Group had a trailing twelve-month return on equity of 15.85% and a net margin of 11.77%. During the same period in the prior year, the company posted $0.50 EPS.

What is Jim DeCosmo's approval rating as Forestar Group's CEO?

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.

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

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. (5.44%), BlackRock Inc. (3.17%), Dimensional Fund Advisors LP (2.39%), Heartland Advisors Inc. (1.71%), Carlson Capital L P (1.32%) and State Street Corp (0.70%). Insiders that own company stock include Daniel C Bartok, GF (Rick) Ringler III, James Douglas Allen and Lisa H Jamieson.
View institutional ownership trends
.

How do I buy shares of Forestar Group?

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.

What is Forestar Group's stock price today?

One share of FOR stock can currently be purchased for approximately $15.09.

How much money does Forestar Group make?

Forestar Group (NYSE:FOR) has a market capitalization of $751.01 million and generates $1.52 billion in revenue each year. The oil and gas exploration company earns $178.80 million in net income (profit) each year or $3.59 on an earnings per share basis.

How many employees does Forestar Group have?

The company employs 309 workers across the globe.

How can I contact Forestar Group?

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.

This page (NYSE:FOR) was last updated on 12/7/2022 by MarketBeat.com Staff