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NYSE:FORForestar Group Stock Price, Forecast & News

$15.73
-0.27 (-1.69 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$15.52
Now: $15.73
$16.02
50-Day Range
$11.65
MA: $13.53
$16.00
52-Week Range
$9.43
Now: $15.73
$23.11
Volume74,200 shs
Average Volume137,077 shs
Market Capitalization$755.61 million
P/E Ratio15.57
Dividend YieldN/A
Beta2.15
Forestar Group Inc. operates as a real estate lot development company. It engages in the acquisition, entitlement, and development of infrastructure for single-family residential communities. Forestar Group Inc. sells residential lots primarily to homebuilders, as well as sells commercial properties. The company is headquartered in Austin, Texas. Forestar Group Inc. operates as a subsidiary of D.R. Horton, Inc.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.75 out of 5 stars


Industry, Sector and Symbol

Industry Real estate
Sub-IndustryReal Estate Development
SectorFinance
CUSIP34623310
Phone817-769-1860

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$428.30 million
Cash Flow$0.81 per share
Book Value$16.85 per share

Profitability

Net Income$33 million

Miscellaneous

Employees41
Market Cap$755.61 million
Next Earnings Date7/23/2020 (Estimated)
OptionableOptionable

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Forestar Group (NYSE:FOR) Frequently Asked Questions

How has Forestar Group's stock been impacted by COVID-19 (Coronavirus)?

Forestar Group's stock was trading at $14.91 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FOR shares have increased by 5.5% and is now trading at $15.73. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Forestar Group's next earnings date?

Forestar Group is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Forestar Group.

How were Forestar Group's earnings last quarter?

Forestar Group Inc. (NYSE:FOR) released its quarterly earnings data on Thursday, April, 23rd. The oil and gas exploration company reported $0.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.17 by $0.03. The oil and gas exploration company had revenue of $159.10 million for the quarter, compared to analysts' expectations of $159.10 million. Forestar Group had a return on equity of 5.82% and a net margin of 6.31%. View Forestar Group's earnings history.

What price target have analysts set for FOR?

4 Wall Street analysts have issued twelve-month price objectives for Forestar Group's stock. Their forecasts range from $12.00 to $19.00. On average, they anticipate Forestar Group's share price to reach $15.25 in the next twelve months. This suggests that the stock has a possible downside of 3.1%. View analysts' price targets for Forestar Group.

Has Forestar Group been receiving favorable news coverage?

Press coverage about FOR stock has trended negative on Saturday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Forestar Group earned a news impact score of -2.8 on InfoTrie's scale. They also assigned news coverage about the oil and gas exploration company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the near future. View the latest news aboutForestar Group.

Are investors shorting Forestar Group?

Forestar Group saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 506,700 shares, an increase of 14.2% from the April 15th total of 443,800 shares. Based on an average daily trading volume, of 150,200 shares, the short-interest ratio is presently 3.4 days. Currently, 3.1% of the shares of the stock are sold short. View Forestar Group's Current Options Chain.

Who are some of Forestar Group's key competitors?

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 Citigroup (C), Micron Technology (MU), Alibaba Group (BABA), Cisco Systems (CSCO), General Electric (GE), Graphic Packaging (GPK), JPMorgan Chase & Co. (JPM), Nokia Oyj (NOK), Southwestern Energy (SWN) and BlackBerry (BB).

Who are Forestar Group's key executives?

Forestar Group's management team includes the following people:
  • Mr. Donald J. Tomnitz, Exec. Chairman (Age 71)
  • Mr. Daniel C. Bartok, Chief Exec. Officer (Age 63)
  • Mr. Charles D. Jehl, Exec. VP, CFO & Treasurer (Age 51)
  • Mr. Matthew S. Stark, Sr. VP & Gen. Counsel
  • Mr. Michael J. Quinley, Pres of East Region (Age 57)

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (2.94%), UBS Group AG (1.86%), State Street Corp (0.59%), Geode Capital Management LLC (0.47%), Lateef Investment Management L.P. (0.43%) and Real Estate Management Services LLC (0.33%). 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.

Which major investors are selling Forestar Group stock?

FOR stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Russell Investments Group Ltd., Bank of New York Mellon Corp, Morgan Stanley, Healthcare of Ontario Pension Plan Trust Fund, Two Sigma Investments LP, UBS Group AG, and Two Sigma Advisers LP. View insider buying and selling activity for Forestar Group.

Which major investors are buying Forestar Group stock?

FOR stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Mackay Shields LLC, Nuveen Asset Management LLC, Geode Capital Management LLC, ClariVest Asset Management LLC, JS Capital Management LLC, and Lateef Investment Management L.P.. 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 activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Forestar Group's stock price today?

One share of FOR stock can currently be purchased for approximately $15.73.

How big of a company is Forestar Group?

Forestar Group has a market capitalization of $755.61 million 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.

What is Forestar Group's official website?

The official website for Forestar Group is www.forestar.com.

How can I contact Forestar Group?

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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