NYSE:FOR Forestar Group - FOR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Forestar Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $14.91 -0.01 (-0.07%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$14.66▼$14.9950-Day Range$14.10▼$17.0552-Week Range$10.28▼$20.52Volume134,242 shsAverage Volume108,786 shsMarket Capitalization$742.07 millionP/E Ratio4.66Dividend YieldN/APrice Target$18.63 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Forestar Group MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside24.9% Upside$18.63 Price TargetShort InterestHealthy1.55% of Float Sold ShortDividend StrengthN/ASustainability-2.53Upright™ Environmental ScoreNews Sentiment-0.37Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth-8.66%From $2.77 to $2.53 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.87 out of 5 starsFinance Sector712th out of 891 stocksReal Estate Industry20th out of 22 stocks 2.2 Analyst's Opinion Consensus RatingForestar Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.63, Forestar Group has a forecasted upside of 24.9% from its current price of $14.91.Amount of Analyst CoverageForestar Group has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.55% of the float of Forestar Group has been sold short.Short Interest Ratio / Days to CoverForestar Group has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Forestar Group has recently decreased by 5.42%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldForestar Group does not currently pay a dividend.Dividend GrowthForestar Group does not have a long track record of dividend growth. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreForestar Group has received a -1.97% net impact score from Upright. The largest negative impact of Forestar in category "GHG emissions" is driven by its "Foundation works" and "Plots for homes" products. See details.Environmental SustainabilityThe Environmental Impact score for Forestar Group is -2.53. Previous Next 1.5 News and Social Media Coverage News SentimentForestar Group has a news sentiment score of -0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Forestar Group this week, compared to 1 article on an average week.Search InterestOnly 6 people have searched for FOR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added Forestar Group to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Forestar Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.39% of the stock of Forestar Group is held by insiders.Percentage Held by InstitutionsOnly 35.02% of the stock of Forestar Group is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Forestar Group are expected to decrease by -8.66% in the coming year, from $2.77 to $2.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Forestar Group is 4.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Forestar Group is 4.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 188.67.Price to Book Value per Share RatioForestar Group has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Forestar Group (NYSE:FOR) StockForestar Group Inc. is a residential lot development company, which engages in the provision of real estate business. The firm focuses on making investments in land acquisition and development to sell finished single-family residential lots to homebuilders. The company was founded in 2007 and is headquartered in Arlington, TX.Read More Receive FOR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Forestar Group and its competitors with MarketBeat's FREE daily newsletter. Email Address FOR Stock News HeadlinesJanuary 26, 2023 | americanbankingnews.comForestar Group (NYSE:FOR) Stock Price Down 6.5%January 24, 2023 | finance.yahoo.comForestar Group (FOR) Q1 Earnings and Revenues Lag EstimatesJanuary 29, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 24, 2023 | finance.yahoo.comForestar Reports Fiscal 2023 First Quarter ResultsJanuary 24, 2023 | seekingalpha.comForestar Group GAAP EPS of $0.42 misses by $0.17, revenue of $216.7M misses by $70.17MJanuary 23, 2023 | americanbankingnews.comForestar Group (FOR) Set to Announce Earnings on TuesdayJanuary 19, 2023 | seekingalpha.comForestar Group Will Be A Stronger Buy Than D.R. HortonDecember 23, 2022 | finance.yahoo.comShould Value Investors Buy Forestar Group (FOR) Stock?January 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.December 14, 2022 | finance.yahoo.comForestar to Release 2023 First Quarter Earnings on January 24, 2023December 13, 2022 | finance.yahoo.comZacks Industry Outlook Highlights Howard Hughes Corporation and ForestarDecember 12, 2022 | finance.yahoo.com2 Real Estate Development Stocks to Gain From the Industry ReboundDecember 2, 2022 | finance.yahoo.comWall Street Analysts Predict a 31% Upside in Forestar Group (FOR): Here's What You Should KnowDecember 1, 2022 | finance.yahoo.comAre Investors Undervaluing Forestar Group (FOR) Right Now?November 30, 2022 | seekingalpha.comForestar Group: Navigating The Changing Homebuilder LandscapeNovember 22, 2022 | finance.yahoo.comSnap These 4 Top-Ranked Liquid Stocks to Power Your PortfolioNovember 19, 2022 | finance.yahoo.comForestar Group Full Year 2022 Earnings: Beats ExpectationsNovember 16, 2022 | finance.yahoo.comHow Much Upside is Left in Forestar Group (FOR)? Wall Street Analysts Think 40%November 15, 2022 | msn.com130 acres in Woodruff sold to developer for single-family homesNovember 10, 2022 | seekingalpha.comForestar Group, Inc. (FOR) Q4 2022 Earnings Call TranscriptNovember 9, 2022 | finance.yahoo.comForestar Reports Fourth Quarter and Fiscal 2022 ResultsOctober 10, 2022 | ca.finance.yahoo.comShareholders in Forestar Group (NYSE:FOR) are in the red if they invested a year agoSeptember 30, 2022 | seekingalpha.comFOR Forestar Group Inc.September 30, 2022 | finance.yahoo.comForestar Names Mark Walker Chief Operating OfficerSeptember 28, 2022 | nasdaq.comHere's Why Forestar Group (NYSE:FOR) Has A Meaningful Debt BurdenSeptember 14, 2022 | finance.yahoo.comForestar to Release 2022 Fourth Quarter and Fiscal Year-End Earnings on November 9, 2022September 10, 2022 | finance.yahoo.comIs Now An Opportune Moment To Examine Forestar Group Inc. (NYSE:FOR)?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FOR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Forestar Group and its competitors with MarketBeat's FREE daily newsletter. Email Address FOR Company Calendar Last Earnings11/09/2022Today1/29/2023Next Earnings (Estimated)4/20/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate Sub-IndustryReal Estate Development SectorFinance Current SymbolNYSE:FOR CUSIP34623310 CIK1406587 Webwww.forestar.com Phone(817) 769-1860Fax302-636-5454Employees309Year FoundedN/APrice Target and Rating Average Stock Price Forecast$18.63 High Stock Price Forecast$24.00 Low Stock Price Forecast$13.50 Forecasted Upside/Downside+24.9%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.20 Trailing P/E Ratio4.66 Forward P/E Ratio5.38 P/E GrowthN/ANet Income$178.80 million Net Margins11.98% Pretax Margin15.83% Return on Equity13.61% Return on Assets6.93% Debt Debt-to-Equity Ratio0.58 Current Ratio0.93 Quick Ratio1.00 Sales & Book Value Annual Sales$1.52 billion Price / Sales0.49 Cash Flow$3.65 per share Price / Cash Flow4.09 Book Value$24.52 per share Price / Book0.61Miscellaneous Outstanding Shares49,770,000Free Float49,575,000Market Cap$742.07 million OptionableOptionable Beta1.66 Key ExecutivesMr. Donald J. Tomnitz (Age 75)Exec. Chairman Comp: $2.11MMr. Daniel C. Bartok (Age 67)Chief Exec. Officer Comp: $2.11MMr. James D. Allen CPA (Age 63)Exec. VP, CFO & Treasurer Comp: $908.2kMr. Mark Stephen Walker (Age 47)Exec. VP & COO Ms. Katie SmithDirector of Fin. & Investor RelationsAshley DagleySr. VP & Corp. Sec.More ExecutivesKey CompetitorsOffice Properties Income TrustNASDAQ:OPIEllington FinancialNYSE:EFCINDUS Realty TrustNASDAQ:INDTTejon RanchNYSE:TRCFRPNASDAQ:FRPHView All CompetitorsInsiders & InstitutionsNew York State Teachers Retirement SystemBought 1,612 shares on 1/27/2023Ownership: 0.003%Assenagon Asset Management S.A.Sold 135,450 shares on 1/12/2023Ownership: 0.316%Bank of New York Mellon CorpBought 7,373 shares on 12/8/2022Ownership: 0.230%Toroso Investments LLCSold 2,240 shares on 11/23/2022Ownership: 0.027%California State Teachers Retirement SystemSold 1,372 shares on 11/21/2022Ownership: 0.049%View All Insider TransactionsView All Institutional Transactions FOR Stock - Frequently Asked Questions Should I buy or sell Forestar Group stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Forestar Group in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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 Wall Street analysts have issued 1-year price targets for Forestar Group's stock. Their FOR share price forecasts range from $13.50 to $24.00. On average, they expect the company's stock price to reach $18.63 in the next twelve months. This suggests a possible upside of 24.9% 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 2023? Forestar Group's stock was trading at $15.41 at the start of the year. Since then, FOR stock has decreased by 3.2% and is now trading at $14.91. View the best growth stocks for 2023 here. Are investors shorting Forestar Group? Forestar Group saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 280,700 shares, a decrease of 5.4% from the December 31st total of 296,800 shares. Based on an average trading volume of 114,200 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.6% of the company's stock are short sold. 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, April 20th 2023. View our FOR earnings forecast. How were Forestar Group's earnings last quarter? Forestar Group Inc. (NYSE:FOR) released its quarterly earnings results on Wednesday, November, 9th. The oil and gas exploration company reported $1.02 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.54. The oil and gas exploration company had revenue of $381.40 million for the quarter, compared to the consensus estimate of $279.50 million. Forestar Group had a net margin of 11.98% and a trailing twelve-month return on equity of 13.61%. 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 a number of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.32%) and New York State Teachers Retirement System (0.00%). 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 $14.91. How much money does Forestar Group make? Forestar Group (NYSE:FOR) has a market capitalization of $742.07 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 $3.20 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 1/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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