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 for the quarter, beating analysts' consensus estimates of $0.13 by $0.22. The oil and gas exploration company had revenue of $247.20 million for the quarter, compared to the consensus estimate of $169.50 million. Forestar Group had a net margin of 7.32% and a return on equity of 6.38%. 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 brokers have issued 1-year target prices for Forestar Group's stock. Their forecasts range from $22.00 to $24.00. On average, they anticipate Forestar Group's stock price to reach $23.00 in the next year. This suggests a possible upside of 3.4% 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.

News headlines about FOR stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public 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 -4.5 on InfoTrie's scale. They also assigned media coverage about the oil and gas exploration company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Forestar Group.

Forestar Group saw a increase in short interest in December. As of December 31st, there was short interest totalling 397,000 shares, an increase of 47.9% from the December 15th total of 268,500 shares. Based on an average daily trading volume, of 86,500 shares, the short-interest ratio is currently 4.6 days. Approximately 2.4% of the company's stock are short sold. View Forestar Group's Current Options Chain.

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

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), Tanger Factory Outlet Centers (SKT), AGNC Investment (AGNC), The Carlyle Group (CG), CyrusOne (CONE), AbbVie (ABBV), Citigroup (C) and Ellington Financial (EFC).

Forestar Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Real Estate Management Services LLC (0.30%), AE Wealth Management LLC (0.03%), Campbell & CO Investment Adviser LLC (0.02%) and Huntington National Bank (0.00%). 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 bought by a variety of institutional investors in the last quarter, including Real Estate Management Services LLC, AE Wealth Management LLC, Campbell & CO Investment Adviser LLC and Huntington National Bank. 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 $22.25.

Forestar Group has a market capitalization of $1.07 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]