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

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

Forestar Group Inc. (NYSE:FOR) announced its quarterly earnings results on Thursday, January, 23rd. The oil and gas exploration company reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.13 by $0.22. The oil and gas exploration company earned $247.20 million during the quarter, compared to the consensus estimate 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.

Forestar Group is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Forestar Group.

4 brokerages have issued 12-month price objectives for Forestar Group's stock. Their forecasts range from $22.00 to $24.00. On average, they anticipate Forestar Group's share price to reach $23.00 in the next twelve months. This suggests a possible upside of 9.7% from the stock's current price. View Analyst Price Targets for Forestar Group.

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.

Headlines about FOR stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Forestar Group earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave news articles about the oil and gas exploration company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Forestar Group.

Forestar Group saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 446,200 shares, an increase of 12.4% from the January 15th total of 397,000 shares. Based on an average trading volume of 95,000 shares, the short-interest ratio is currently 4.7 days. Currently, 2.7% of the company's stock are sold short. View Forestar Group's Current Options Chain.

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

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), AbbVie (ABBV) and Alibaba Group (BABA).

Forestar Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (0.37%), Heartland Advisors Inc. (0.36%), Real Estate Management Services LLC (0.30%), Cooper Creek Partners Management LLC (0.28%), Charles Schwab Investment Management Inc. (0.19%) and Panagora Asset Management Inc. (0.15%). 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., Renaissance Technologies LLC and Bank of Montreal Can. View Insider Buying and Selling for Forestar Group.

FOR stock was bought by a variety of institutional investors in the last quarter, including Cooper Creek Partners Management LLC, Summit Global Investments, Charles Schwab Investment Management Inc., Marshall Wace LLP, Real Estate Management Services LLC, AE Wealth Management LLC, Jacobs Levy Equity Management Inc. and Oxford Asset Management LLP. 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 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 $20.96.

Forestar Group has a market capitalization of $1.01 billion 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]