About Forestar Group (NYSE:FOR)
Forestar Group Inc. is a residential and mixed-use real estate development company. The Company operates through three segments. The Real Estate segment secures entitlements and develops infrastructure on its lands, for single-family residential and mixed-use communities. The Mineral resources segment is focused on its owned oil and gas mineral interests through promoting exploration, development and production activities. The Other segment manages its timber holdings, recreational leases and water resource initiatives. As of December 31, 2016, its core community development business had directly or through ventures interests in 50 residential and mixed-use projects consisting of 4,600 acres of real estate located in 10 states and 14 markets. As of December 31, 2016, its non-core assets included approximately 523,000 net acres of owned mineral assets, 19,000 acres of timberland and undeveloped land, four multifamily assets and approximately 20,000 acres of groundwater leases.
Industry, Sector and Symbol
Industry REAL ESTATE
Sub-IndustryReal Estate Development
Trailing P/E Ratio12.2067721048721
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$114.32 million
Price / Sales8.10
Cash Flow$0.28 per share
Price / Cash79.53
Book Value$14.44 per share
Price / Book1.53
Net Income$50.25 million
Return on Equity1.03%
Return on Assets0.81%
Forestar Group (NYSE:FOR) Frequently Asked Questions
What is Forestar Group's stock symbol?
Forestar Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "FOR."
How were Forestar Group's earnings last quarter?
Forestar Group Inc (NYSE:FOR) announced its quarterly earnings data on Tuesday, November, 8th. The oil and gas exploration company reported $0.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.33. The oil and gas exploration company had revenue of $47.20 million for the quarter, compared to analysts' expectations of $35.10 million. Forestar Group had a return on equity of 1.03% and a net margin of 43.95%. The firm's revenue for the quarter was up 46.7% on a year-over-year basis. During the same period last year, the business posted ($0.31) earnings per share. View Forestar Group's Earnings History.
Who are some of Forestar Group's key competitors?
Some companies that are related to Forestar Group include Gazit Globe (GZT), QTS Realty Trust (QTS), Invesco Mortgage Capital (IVR), Redfin (RDFN), Alexander & Baldwin (ALEX), Select Income REIT (SIR), Ladder Capital (LADR), Chesapeake Lodging Trust (CHSP), Boardwalk REIT (BOWFF), LGI Homes (LGIH), Mack Cali Realty (CLI), American Assets Trust (AAT), Safestore Hldgs (SFSHF), LTC Properties (LTC), Summit Hotel Properties (INN), Four Corners Property Trust (FCPT), Agree Realty (ADC) and Marcus & Millichap (MMI).
Who are Forestar Group's key executives?
Forestar Group's management team includes the folowing people:
- Phillip J. Weber, Chief Executive Officer, Director
- Charles D. Jehl, Chief Financial Officer, Principal Accounting Officer
- Michael J. Quinley, President – Community Development
- James A. Rubright, Non-Executive Independent Chairman of the Board
- Ashton Hudson, Independent Director
- Daniel B. Silvers, Independent Director
- Richard M. Smith, Independent Director
- Richard D. Squires, Independent Director
Has Forestar Group been receiving favorable news coverage?
Media stories about FOR stock have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Forestar Group earned a media sentiment score of 0.19 on Accern's scale. They also assigned news stories about the oil and gas exploration company an impact score of 46.80 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Forestar Group's major shareholders?
Forestar Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Long Pond Capital LP (8.04%), Schf GPE LLC (1.99%), BlackRock Inc. (1.71%), Luxor Capital Group LP (0.67%), Arrowstreet Capital Limited Partnership (0.57%) and Two Sigma Investments LP (0.53%). Company insiders that own Forestar Group stock include Daniel C Bartok and Donald J Tomnitz. View Institutional Ownership Trends for Forestar Group.
Which institutional investors are selling Forestar Group stock?
FOR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Geode Capital Management LLC, Teachers Advisors LLC, Two Sigma Advisers LP, Allianz Asset Management GmbH, Schwab Charles Investment Management Inc., QS Investors LLC and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Forestar Group.
Which institutional investors are buying Forestar Group stock?
FOR stock was purchased by a variety of institutional investors in the last quarter, including Long Pond Capital LP, Schf GPE LLC, Luxor Capital Group LP, Arrowstreet Capital Limited Partnership, Two Sigma Investments LP, Barrow Hanley Mewhinney & Strauss LLC, KAMES CAPITAL plc and Paloma Partners Management Co. Company insiders that have bought Forestar Group stock in the last two years include Daniel C Bartok and Donald J Tomnitz. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Forestar Group's stock price today?
One share of FOR stock can currently be purchased for approximately $22.07.
How big of a company is Forestar Group?
Forestar Group has a market capitalization of $935.24 million and generates $114.32 million in revenue each year. The oil and gas exploration company earns $50.25 million in net income (profit) each year or $1.79 on an earnings per share basis. Forestar Group employs 34 workers across the globe.
How can I contact Forestar Group?
Forestar Group's mailing address is 10700 PECAN PARK BLVD. SUITE 150, AUSTIN TX, 78750. The oil and gas exploration company can be reached via phone at 512-433-5200 or via email at [email protected]
MarketBeat Community Rating for Forestar Group (FOR)MarketBeat's community ratings are surveys of what our community members think about Forestar Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Forestar Group (NYSE:FOR) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Forestar Group (NYSE:FOR) Earnings History and Estimates Chart
Forestar Group (NYSE FOR) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/8/2017||Q2 2017||($0.09)||$28.02 million||View||N/A|
|5/9/2017||Q1 2017||$0.10||$0.58||$22.31 million||View||N/A|
|3/1/2017||Q416||$0.12||$0.27||$48.00 million||$64.50 million||View||Listen|
|11/8/2016||Q316||$0.07||$0.40||$35.10 million||$47.20 million||View||Listen|
|7/29/2016||Q216||$0.10||$0.23||$44.80 million||$46.40 million||View||Listen|
|5/10/2016||Q116||$0.04||($0.13)||$54.94 million||$41.90 million||View||Listen|
|3/2/2016||Q415||$0.20||$0.45||$62.67 million||$114.02 million||View||Listen|
|11/4/2015||Q315||$0.01||($0.31)||$52.03 million||$43.20 million||View||Listen|
|8/5/2015||Q215||$0.01||$0.06||$60.03 million||$57.40 million||View||Listen|
|5/6/2015||Q115||($0.01)||($0.24)||$59.79 million||$47.80 million||View||Listen|
|3/5/2015||Q414||($0.06)||$0.32||$68.74 million||$80.32 million||View||Listen|
|11/5/2014||Q314||$0.13||$0.12||$66.40 million||$58.80 million||View||Listen|
|8/6/2014||Q2||$0.11||$0.34||$65.74 million||$83.01 million||View||Listen|
|5/6/2014||Q1||$0.07||$0.19||$55.80 million||$84.61 million||View||Listen|
|2/13/2014||Q4||$0.28||$0.33||$86.20 million||$98.39 million||View||Listen|
|11/6/2013||$0.19||$0.16||$58.15 million||$75.11 million||View||Listen|
|8/7/2013||Q2 2013||$0.04||$0.01||$49.80 million||$60.08 million||View||N/A|
|5/8/2013||Q113||$0.02||$0.11||$49.42 million||$97.47 million||View||Listen|
|2/13/2013||Q4 2012||$0.09||$0.28||$43.47 million||$48.43 million||View||Listen|
Forestar Group (NYSE:FOR) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for Forestar Group (NYSE:FOR)
No dividend announcements for this company have been tracked by MarketBeat.com
Forestar Group (NYSE FOR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 3.10%
Institutional Ownership Percentage: 23.26%
Forestar Group (NYSE FOR) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/7/2018||Daniel C Bartok||CEO||Buy||1,000||$23.43||$23,430.00||1,000|| |
|3/6/2018||Donald J Tomnitz||Insider||Buy||4,000||$24.17||$96,680.00||2,000|| |
|3/8/2016||Richard D Squires||Director||Buy||5,000||$10.95||$54,750.00||13,401|| |
|11/13/2014||James A /Dc/ Johnson||Director||Sell||1,333||$17.47||$23,287.51|| |
|8/20/2014||Christopher L Nines||CFO||Sell||17,703||$19.70||$348,749.10|| |
|5/10/2013||Phillip J Weber||EVP||Sell||29,344||$24.04||$705,429.76|| |
Forestar Group (NYSE FOR) News Headlines
|Daniel C. Bartok Acquires 1,000 Shares of Forestar Group Inc (FOR) Stock|
www.americanbankingnews.com - March 8 at 3:14 PM
|Forestar Group Inc (FOR) Insider Purchases $96,680.00 in Stock|
www.americanbankingnews.com - March 7 at 7:15 PM
|Forestar Group Inc (FOR) Holdings Raised by Long Pond Capital LP|
www.americanbankingnews.com - March 5 at 1:08 PM
|New Research Coverage Highlights KalVista Pharmaceuticals, Forestar Group, Unum Group, 22nd Century Group, Chevron, and The Michaels Companies — Consolidated Revenues, Company Growth, and Expectations for 2018|
finance.yahoo.com - March 5 at 9:47 AM
|Arrowstreet Capital Limited Partnership Buys New Position in Forestar Group Inc (FOR)|
www.americanbankingnews.com - March 4 at 4:32 AM
|Forestar Group (FOR) Set to Announce Quarterly Earnings on Tuesday|
www.americanbankingnews.com - February 20 at 5:10 AM
|Homebuilder PulteGroup says higher costs to weigh on 2018 margins|
finance.yahoo.com - February 12 at 4:34 PM
|Forestar Group (FOR) Reports $232M Strategic Asset Sale to Starwood Capital|
www.streetinsider.com - February 9 at 9:10 AM
|Forestar Announces Strategic Asset Sale to Starwood Capital Group for $232 Million|
www.bizjournals.com - February 9 at 9:10 AM
|Starwood Capital Group Acquires Residential and Commercial Real Estate Portfolio from Forestar Group|
www.prnewswire.com - February 8 at 6:02 PM
| Forestar Group Inc (FOR) Receives Consensus Rating of "Hold" from Analysts|
www.americanbankingnews.com - February 1 at 5:08 AM
|UPDATE 3-Homebuilder PulteGroup says higher costs to weigh on 2018 margins|
www.cnbc.com - January 31 at 9:20 AM
|Forestar Financial Information to Be Included in D.R. Horton’s Earnings Release and Conference Call on January 31, 2018|
finance.yahoo.com - January 18 at 9:59 AM
|Analysts Expect Forestar Group Inc (FOR) to Post $0.12 EPS|
www.americanbankingnews.com - January 14 at 11:06 PM
|Contrasting Forestar Group (FOR) & Its Peers|
www.americanbankingnews.com - December 28 at 3:21 AM
|Critical Review: Forestar Group (FOR) and Its Rivals|
www.americanbankingnews.com - December 27 at 10:00 AM
|Comparing Forestar Group (FOR) & Its Rivals|
www.americanbankingnews.com - December 26 at 8:01 PM
|Head-To-Head Comparison: Forestar Group (FOR) versus The Competition|
www.americanbankingnews.com - December 26 at 3:28 PM
|Forestar Group (FOR) & Its Peers Head-To-Head Survey|
www.americanbankingnews.com - December 24 at 7:16 PM
|Financial Comparison: Forestar Group (FOR) & The Competition|
www.americanbankingnews.com - December 24 at 5:15 AM
|Forestar Appoints Daniel C. Bartok as Chief Executive Officer|
finance.yahoo.com - December 21 at 9:30 AM
|Analyzing Forestar Group (FOR) and Its Competitors|
www.americanbankingnews.com - December 21 at 3:26 AM
|Head to Head Review: Forestar Group (FOR) & Its Competitors|
www.americanbankingnews.com - December 21 at 1:16 AM
|Critical Review: Forestar Group (FOR) versus Its Competitors|
www.americanbankingnews.com - December 20 at 9:28 PM
|Zacks: Forestar Group Inc (FOR) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - December 20 at 5:26 PM
|Comparing Forestar Group (FOR) & Its Peers|
www.americanbankingnews.com - December 8 at 3:30 PM
|Forestar Group (FOR) Downgraded by ValuEngine|
www.americanbankingnews.com - December 3 at 1:36 PM
|Critical Review: Forestar Group (FOR) & The RMR Group (RMR)|
www.americanbankingnews.com - November 30 at 3:36 PM
|Zacks: Analysts Set $17.75 Target Price for Forestar Group Inc (FOR)|
www.americanbankingnews.com - November 27 at 5:28 AM
|ETFs with exposure to Forestar Group, Inc. : November 21, 2017|
finance.yahoo.com - November 21 at 6:54 PM
|ETFs with exposure to Forestar Group, Inc. : November 10, 2017|
finance.yahoo.com - November 10 at 5:00 PM
|Short Interest in Forestar Group Inc (FOR) Decreases By 46.0%|
www.americanbankingnews.com - November 9 at 8:28 PM
|Zacks: Forestar Group Inc (FOR) Given $17.75 Consensus Target Price by Analysts|
www.americanbankingnews.com - November 9 at 5:30 PM
|Forestar Group, Inc. breached its 50 day moving average in a Bearish Manner : FOR-US : November 8, 2017|
finance.yahoo.com - November 9 at 3:52 AM
|Forestar Group, Inc. :FOR-US: Earnings Analysis: Q3, 2017 By the Numbers : November 7, 2017|
finance.yahoo.com - November 8 at 7:01 AM
|Forestar Group, Inc. breached its 50 day moving average in a Bearish Manner : FOR-US : November 3, 2017|
finance.yahoo.com - November 3 at 12:12 PM
|Short Interest in Forestar Group Inc (FOR) Grows By 66.1%|
www.americanbankingnews.com - October 31 at 2:28 AM
|Forestar Group Inc (FOR) Short Interest Up 76.8% in September|
www.americanbankingnews.com - October 17 at 1:04 AM
|Forestar Group (FOR) and Redfin Corporation (RDFN) Head to Head Review|
www.americanbankingnews.com - October 14 at 6:08 AM
|BRIEF-Forestar announces make-whole fundamental change relating to outstanding convertible senior notes|
www.reuters.com - October 12 at 7:36 PM
|Forestar Announces Fundamental Change and Make-Whole Fundamental Change Relating to Outstanding Convertible Senior Notes|
finance.yahoo.com - October 12 at 7:36 PM
|Forestar Group, Inc. breached its 50 day moving average in a Bullish Manner : FOR-US : October 11, 2017|
finance.yahoo.com - October 11 at 4:36 PM
|It's done: Dallas homebuilder buys majority stake in Austin land development firm|
www.bizjournals.com - October 7 at 5:15 AM
|Stakeholders in Austin firm 'overwhelmingly' in favor of D.R. Horton's proposal|
www.bizjournals.com - October 5 at 8:53 AM
|D.R. Horton and Forestar Announce Final Merger Consideration Election Results|
www.businesswire.com - October 2 at 2:27 PM
|D.R. Horton, Forestar Announce Final Merger Consideration Election Results|
www.nasdaq.com - October 2 at 2:27 PM
|Form 425 Forestar Group Inc. Filed by: Forestar Group Inc. - StreetInsider.com|
www.streetinsider.com - September 30 at 8:10 AM
|Class Actions and Tax Cuts|
www.bloomberg.com - September 29 at 2:42 PM
|Head-To-Head Contrast: Forestar Group (FOR) versus RMR Group (RMR)|
www.americanbankingnews.com - September 27 at 8:24 PM
|Analyzing Redfin Corp. (RDFN) and Forestar Group (FOR)|
www.americanbankingnews.com - September 22 at 4:26 PM
Forestar Group (NYSE:FOR) SEC Filings
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Forestar Group (NYSE:FOR) Income Statement, Balance Sheet and Cash Flow Statement
Forestar Group (NYSE FOR) Stock Chart for Friday, March, 23, 2018