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:
- Sector: Finance
- Industry: Real Estate Development & Operations
- Sub-Industry: Real Estate Development
- Symbol: NYSE:FOR
- CUSIP: 34623310
- Web: www.forestargroup.com
Capitalization:- Market Cap: $725.47 million
- Outstanding Shares: 41,934,000
Average Prices:- 50 Day Moving Avg: $17.18
- 200 Day Moving Avg: $15.56
- 52 Week Range: $10.60 - $17.77
P/E:- Trailing P/E Ratio: 10.01
- Foreward P/E Ratio: Infinity
- P/E Growth: 3.46
Sales & Book Value:- Annual Revenue: $162.02 million
- Price / Sales: 4.44
- Book Value: $13.93 per share
- Price / Book: 1.23
Profitability:- EBIDTA: $34.63 million
- Net Margins: 46.94%
- Return on Equity: 8.75%
- Return on Assets: 6.66%
Debt:- Debt-to-Equity Ratio: 0.19%
- Current Ratio: 20.74%
- Quick Ratio: 20.74%
Misc:- Average Volume: 691,327 shs.
- Beta: 1.89
- Short Ratio: 1.1
Frequently Asked Questions for Forestar Group (NYSE:FOR)
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) posted its earnings results on Tuesday, November, 8th. The company reported $0.40 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.33. The firm earned $47.20 million during the quarter, compared to analyst estimates of $35.10 million. Forestar Group had a return on equity of 8.75% and a net margin of 46.94%. The company's revenue for the quarter was up 46.7% on a year-over-year basis. During the same period in the previous year, the company earned ($0.31) EPS. View Forestar Group's Earnings History.
When will Forestar Group make its next earnings announcement?
Who are some of Forestar Group's key competitors?
Some companies that are related to Forestar Group include Kennedy Wilson Europe Real Estate PLC (KWE), St. Joe Company (The) (JOE), St. Modwen Properties plc (SMP), Five Point Holdings, LLC (FPH), CLS Holdings plc (CLI), RMR Group (RMR), Sirius Real Estate Limited (SRE), Watkin Jones PLC (WJG), Urban&Civic PLC (UANC), Helical PLC (HLCL), Raven Russia Limited (RUS), Consolidated-Tomoka Land (CTO), Transcontinental Realty Investors (TCI), U and I Group PLC (UAI), Conygar Investment Company PLC (CIC), Real Estate Investors PLC. (RLE), Gafisa SA (GFA) and Lok'n Store Group Plc (LOK).
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
Who owns Forestar Group stock?
Forestar Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.48%), Dimensional Fund Advisors LP (5.15%), Renaissance Technologies LLC (4.98%), CNH Partners LLC (3.90%), Mason Capital Management LLC (2.89%) and Kennedy Capital Management Inc. (2.53%). View Institutional Ownership Trends for Forestar Group.
Who sold Forestar Group stock? Who is selling Forestar Group stock?
Forestar Group's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Schwab Charles Investment Management Inc., TIAA CREF Investment Management LLC, James Investment Research Inc., Lee Danner & Bass Inc., Royce & Associates LP, Parametric Portfolio Associates LLC and Virtu KCG Holdings LLC. View Insider Buying and Selling for Forestar Group.
Who bought Forestar Group stock? Who is buying Forestar Group stock?
Forestar Group's stock was purchased by a variety of institutional investors in the last quarter, including CNH Partners LLC, Renaissance Technologies LLC, Mason Capital Management LLC, Kennedy Capital Management Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, GABELLI & Co INVESTMENT ADVISERS INC., Vanguard Group Inc. and OMERS ADMINISTRATION Corp. View Insider Buying and Selling for Forestar Group.
How do I buy Forestar Group stock?
Shares of Forestar Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Forestar Group's stock price today?
One share of Forestar Group stock can currently be purchased for approximately $17.15.
MarketBeat Community Rating for Forestar Group (NYSE 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.
Consensus Ratings for Forestar Group (NYSE:FOR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Forestar Group (NYSE:FOR)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Forestar Group (NYSE:FOR)Earnings History by Quarter for Forestar Group (NYSE FOR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 9/29/2017 | | | | | | | | |
| 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 | | | View | Listen | |
| 11/6/2013 | | $0.19 | $0.16 | | | View | Listen | |
| 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 | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Forestar Group (NYSE:FOR)2017 EPS Consensus Estimate: $0.35
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.08 | $0.08 | $0.08 |
| Q2 2017 | 1 | $0.09 | $0.09 | $0.09 |
| Q3 2017 | 1 | $0.09 | $0.09 | $0.09 |
| Q4 2017 | 1 | $0.09 | $0.09 | $0.09 |
(Data provided by Zacks Investment Research)
Dividend History for Forestar Group (NYSE:FOR)
No dividend announcements for this company have been tracked by MarketBeat.com
Headline Trends for Forestar Group (NYSE:FOR)
Latest Headlines for Forestar Group (NYSE:FOR)
| Source: |
|
| Date | Headline |
|---|
 | Analyzing Redfin Corp. (RDFN) and Forestar Group (FOR)
www.americanbankingnews.com - September 22 at 4:26 PM |
 | Forestar Group, Inc. breached its 50 day moving average in a Bearish Manner : FOR-US : September 21, 2017
finance.yahoo.com - September 21 at 6:53 PM |
| Brokerages Anticipate Forestar Group Inc (FOR) Will Post Earnings of $0.16 Per Share
www.americanbankingnews.com - September 20 at 12:16 AM |
| Another Weak Auction, This Time for 30-Year Treasuries
finance.yahoo.com - September 13 at 8:15 PM |
| ETFs with exposure to Forestar Group, Inc. : September 13, 2017
finance.yahoo.com - September 13 at 8:15 PM |
| Forestar Group, Inc. :FOR-US: Earnings Analysis: Q2, 2017 By the Numbers : September 12, 2017
finance.yahoo.com - September 12 at 7:35 PM |
| After Irma: Credit Conditions Worse for Virgin Islands, Same for Puerto Rico
finance.yahoo.com - September 8 at 7:17 PM |
| Forestar Group (FOR) & St. Joe Company (The) (JOE) Head to Head Survey
www.americanbankingnews.com - September 6 at 2:36 PM |
| Forestar Group (FOR) versus RMR Group (RMR) Head to Head Contrast
www.americanbankingnews.com - September 1 at 2:14 PM |
| Zacks: Analysts Expect Forestar Group Inc (FOR) Will Announce Earnings of $0.16 Per Share
www.americanbankingnews.com - September 1 at 12:20 PM |
| Forestar Group, Inc. breached its 50 day moving average in a Bearish Manner : FOR-US : August 22, 2017
finance.yahoo.com - August 23 at 12:20 AM |
| Critical Analysis: Gafisa SA (GFA) and Forestar Group (FOR)
www.americanbankingnews.com - August 9 at 10:50 PM |
| Financial Comparison: Gazit-Globe (GZT) vs. Forestar Group (NYSE:FOR)
www.americanbankingnews.com - August 8 at 10:18 PM |
| Forestar Group Inc (NYSE:FOR) Short Interest Down 47.3% in July
www.americanbankingnews.com - August 2 at 7:19 AM |
| Howard Hughes Corporation (The) (HHC) & Forestar Group (FOR) Financial Analysis
www.americanbankingnews.com - July 29 at 4:24 PM |
 | Inside the $560M Forestar saga: D.R. Horton was involved longer than we thought
www.bizjournals.com - July 27 at 7:21 PM |
| Brokerages Anticipate Forestar Group Inc (FOR) to Post $0.16 Earnings Per Share
www.americanbankingnews.com - July 26 at 8:20 PM |
| D.R. Horton posts slowest order growth in three quarters
finance.yahoo.com - July 26 at 7:21 PM |
| Forestar Group Inc (NYSE:FOR) Short Interest Up 99.6% in June
www.americanbankingnews.com - July 19 at 8:25 AM |
| Five Point Holdings (FPH) vs. Forestar Group (FOR) Critical Analysis
www.americanbankingnews.com - July 12 at 12:06 AM |
| Critical Survey: Howard Hughes Corporation (The) (HHC) & Forestar Group (NYSE:FOR)
www.americanbankingnews.com - July 2 at 12:04 PM |
| Dallas homebuilder inks deal to acquire majority stake in Austin's Forestar Group for $560M
www.bizjournals.com - July 1 at 5:10 AM |
| Head-To-Head Survey: Forestar Group (FOR) vs. Alexander & Baldwin Holdings (ALEX)
www.americanbankingnews.com - June 30 at 10:47 PM |
| D.R. Horton Edges Out Starwood to Buy 75% Stake in Forestar
finance.yahoo.com - June 30 at 7:04 PM |
 | D.R. Horton inks merger deal with Forestar Group
seekingalpha.com - June 30 at 5:01 AM |
 | Forestar Group (FOR) Announces Termination of Starwood Merger Agreement; Will Pay $20M Termination Fee
www.streetinsider.com - June 30 at 2:10 AM |
 | UPDATE 1-Forestar agrees to D.R. Horton's offer; scraps Starwood deal
www.businessinsider.com - June 30 at 2:10 AM |
| D.R. Horton and Forestar Announce Merger Agreement to Create a Leading National Land Development Company
finance.yahoo.com - June 29 at 9:07 PM |
| Forestar Announces Agreement with D.R. Horton and Terminates Starwood Merger Agreement
finance.yahoo.com - June 29 at 9:07 PM |
| Featured Company News - Forestar Board of Directors Determines D.R. Horton Proposal as Superior; Offers Update on Starwood Merger Agreement
finance.yahoo.com - June 27 at 3:15 PM |
| Forestar Group Inc (FOR) Given Consensus Rating of "Strong Buy" by Brokerages
www.americanbankingnews.com - June 26 at 12:33 PM |
 | Forestar Group Inc. (FOR) Has Risen To A New High After D.R. Horton Raises Bid
www.rttnews.com - June 25 at 1:26 AM |
| Forestar Board of Directors Determines Unsolicited Proposal from D.R. Horton Constitutes a “Superior Proposal”
finance.yahoo.com - June 23 at 5:58 PM |
| D.R. Horton lifts bid for Forestar Group
seekingalpha.com - June 23 at 10:59 AM |
| Head to Head Analysis: Forestar Group (FOR) versus Brookfield Property Partners L.P. (BPY)
www.americanbankingnews.com - June 23 at 8:14 AM |
 | SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Files Class Action Suit Against Forestar Group Inc.
feeds.benzinga.com - June 22 at 9:04 PM |
| D.R. Horton Reiterates Proposal To Buy 75% Of Forestar Stock For $16.25/shr
www.rttnews.com - June 22 at 9:43 AM |
| Forestar Group (FOR) Says Starwood Raised Merger Consideration to $15.50 Per Share
www.streetinsider.com - June 22 at 9:43 AM |
| Forestar Announces Amended Merger Agreement with Starwood
finance.yahoo.com - June 22 at 9:43 AM |
| Shareholder Alert: Monteverde & Associates Pc Announces An Investigation Of Forestar Group Inc - For
finance.yahoo.com - June 14 at 6:29 PM |
| Head-To-Head Comparison: Transcontinental Realty Investors (TCI) vs. Forestar Group (FOR)
www.americanbankingnews.com - June 11 at 12:50 PM |
| Forestar Group open to discussions with D.R. Horton
seekingalpha.com - June 8 at 11:01 AM |
| Comparing Transcontinental Realty Investors (TCI) & Forestar Group (FOR)
www.americanbankingnews.com - June 8 at 8:22 AM |
| Herbalife cuts sales outlook, Time Warner gets some 'Wonder Woman' power, Ebay upgraded
finance.yahoo.com - June 7 at 11:12 AM |
| Corporate News Blog - Forestar Group Receives Competitive Offer from D.R. Horton Within Months of Signing Merger Agreement with Starwood Capital
finance.yahoo.com - June 7 at 11:12 AM |
| Contrasting Brookfield Asset Management (BAM) and Forestar Group (FOR)
www.americanbankingnews.com - June 7 at 8:02 AM |
| Forestar Group (FOR) In Focus: Stock Moves 12.7% Higher
finance.yahoo.com - June 6 at 10:42 PM |
| D.R. Horton (DHI) Acquires 75% Of Forestar Group (FOR) For $16.25/Share - Slideshow
seekingalpha.com - June 6 at 5:40 PM |
| Forestar Group Inc. (FOR) Expected to Post Earnings of $0.16 Per Share
www.americanbankingnews.com - June 6 at 2:30 PM |
 | BRIEF-Forestar confirms receipt of unsolicited acquisition proposal
www.reuters.com - June 5 at 10:24 PM |
Forestar Group (FOR) Chart for Tuesday, September, 26, 2017
