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FOR

FOR - Forestar Group Inc Stock Price, Fair Value and News

33.78USD-0.38 (-1.11%)Delayed as of 08 May 2024, 03:14 pm ET

Market Summary

FOR
USD33.78-0.38
Delayedas of 08 May 2024, 03:14 pm
-1.11%

FOR Alerts

  • 1 major insider buys recently.
  • Big jump in Earnings (Y/Y)

FOR Stock Price

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FOR RSI Chart

FOR Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

8.54

Price/Sales (Trailing)

1.11

EV/EBITDA

7.45

Price/Free Cashflow

13.82

FOR Price/Sales (Trailing)

FOR Profitability

EBT Margin

17.19%

Return on Equity

13.74%

Return on Assets

7.79%

Free Cashflow Yield

7.24%

FOR Fundamentals

FOR Revenue

Revenue (TTM)

1.6B

Rev. Growth (Yr)

10.71%

Rev. Growth (Qtr)

9.12%

FOR Earnings

Earnings (TTM)

202.4M

Earnings Growth (Yr)

67.29%

Earnings Growth (Qtr)

17.8%

Breaking Down FOR Revenue

52 Week Range

19.3234.07
(Low)(High)

Last 7 days

10.2%

Last 30 days

-12.9%

Last 90 days

8.9%

Trailing 12 Months

72.2%

How does FOR drawdown profile look like?

FOR Financial Health

Debt/Equity

0.48

Debt/Cashflow

0.18

FOR Investor Care

Shares Dilution (1Y)

1.41%

Diluted EPS (TTM)

4.02

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.6B000
20231.2B1.3B1.4B1.5B
20221.6B1.6B1.5B1.3B
20211.1B1.3B1.3B1.4B
2020730.8M820.5M931.8M991.7M
2019159.6M224.2M428.3M637.0M
2018114.7M110.2M109.3M116.9M
2017182.0M162.0M148.0M114.4M
2016218.8M223.2M238.2M197.3M
2015259.5M220.2M193.5M218.6M
2014318.2M341.1M324.8M306.8M
2013242.0M266.7M301.2M331.0M
2012133.8M143.7M158.0M172.6M
2011104.8M102.2M104.4M135.6M
20100131.3M116.3M101.4M
2009000146.3M

Tracking the Latest Insider Buys and Sells of Forestar Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 06, 2024
walker mark stephen
acquired
-
-
1,120
chief operating officer
May 06, 2024
walker mark stephen
sold (taxes)
-17,358
34.51
-503
chief operating officer
Apr 24, 2024
oxley anthony w
bought
99,991
31.1499
3,210
chief executive officer
Mar 31, 2024
tomnitz donald j
sold (taxes)
-167,472
40.19
-4,167
executive chairman
Mar 31, 2024
jamieson lisa h.
acquired
-
-
910
-
Mar 31, 2024
walker mark stephen
sold (taxes)
-50,760
40.19
-1,263
chief operating officer
Mar 31, 2024
fuller samuel r
acquired
-
-
910
-
Mar 31, 2024
allen james douglas
sold (taxes)
-44,088
40.19
-1,097
chief financial officer
Mar 31, 2024
tomnitz donald j
acquired
-
-
11,261
executive chairman
Mar 31, 2024
ringler g.f. (rick) iii
acquired
-
-
910
-

1–10 of 50

Which funds bought or sold FOR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
Quantbot Technologies LP
added
61.98
357,820
727,278
0.04%
May 06, 2024
TEACHER RETIREMENT SYSTEM OF TEXAS
added
16.92
625,000
2,110,000
0.01%
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
reduced
-57.02
-353,290
386,387
-%
May 06, 2024
Parallel Advisors, LLC
reduced
-10.98
468
6,189
-%
May 06, 2024
SG Americas Securities, LLC
sold off
-100
-342,000
-
-%
May 06, 2024
STALEY CAPITAL ADVISERS INC
reduced
-1.13
18,957
287,962
0.01%
May 06, 2024
Empowered Funds, LLC
added
55.49
5,491,000
11,663,000
0.21%
May 06, 2024
Advisory Services Network, LLC
sold off
-
-
-
-%
May 03, 2024
Baader Bank Aktiengesellschaft
sold off
-100
-297,630
-
-%
May 03, 2024
Glassman Wealth Services
sold off
-100
-529
-
-%

1–10 of 46

Are Funds Buying or Selling FOR?

Are funds buying FOR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FOR
No. of Funds

Unveiling Forestar Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 18, 2024
horton d r inc /de/
62.2%
31,451,063
SC 13D/A
Feb 13, 2024
vanguard group inc
5.57%
2,777,578
SC 13G/A
Feb 13, 2024
long pond capital, lp
1.8%
899,609
SC 13G/A
Feb 13, 2023
long pond capital, lp
9.4%
4,681,873
SC 13G/A
Feb 09, 2023
vanguard group inc
5.46%
2,718,424
SC 13G/A
Feb 14, 2022
long pond capital, lp
9.4%
4,681,873
SC 13G/A
Apr 21, 2021
horton d r inc /de/
64.0%
31,451,063
SC 13D/A
Feb 12, 2021
long pond capital, lp
9.7%
4,681,873
SC 13G/A
Feb 10, 2021
vanguard group inc
4.83%
2,320,302
SC 13G/A
Feb 14, 2020
long pond capital, lp
9.8%
4,681,873
SC 13G/A

Recent SEC filings of Forestar Group Inc

View All Filings
Date Filed Form Type Document
May 07, 2024
4
Insider Trading
May 01, 2024
4
Insider Trading
Apr 23, 2024
10-Q
Quarterly Report
Apr 18, 2024
8-K
Current Report
Apr 18, 2024
SC 13D/A
13D - Major Acquisition
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading

Peers (Alternatives to Forestar Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
37.8B
2.5B
-2.37% 24.50%
128.35
14.95
12.26% -19.88%
26.5B
32.5B
-10.00% 18.31%
26.68
0.82
5.07% -12.06%
10.1B
2.0B
-8.70% -10.65%
-63.63
5.05
6.03% -14.39%
MID-CAP
9.0B
21.2B
-4.01% 44.55%
30.1
0.43
1.89% -39.82%
3.4B
404.1M
1.75% 38.82%
41.76
8.4
55.15% 19.63%
2.4B
-
-19.65% 31.79%
6.74
2.9
18.22% 229.45%
2.3B
9.4B
-4.67% 35.10%
191.5
0.25
-5.93% -83.62%
SMALL-CAP
1.9B
4.4B
20.28% -7.70%
-208.81
0.43
-1.45% -158.11%
227.6M
50.5M
-13.32% -24.95%
57.35
4.51
34.51% -98.94%
109.4M
44.5M
-4.32% 49.59%
49.07
2.46
-24.76% -93.06%
75.4M
44.7M
48.30% 80.83%
9.69
1.69
13.76% 5.95%
49.1M
145.1M
7.56% -57.76%
-0.94
0.34
-5.22% 1.69%

Forestar Group Inc News

Latest updates
Defense World • 03 May 2024 • 11:07 am
Investing.com • 03 May 2024 • 10:17 am
MarketBeat • 02 May 2024 • 06:01 pm
Investing.com • 02 May 2024 • 05:46 am
Seeking Alpha • 29 Apr 2024 • 07:00 am
The Motley Fool • 19 Apr 2024 • 07:00 am

Forestar Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue9.1%33430655036930221738130942240841931328730734817815924723688.0065.00
  S&GA Expenses4.3%29.0028.0026.0026.0022.0023.0024.0024.0024.0022.0020.0017.0016.0016.0013.0011.0011.0011.009.008.006.00
EBITDA Margin6.9%0.17*0.16*0.16*0.15*0.15*0.16*0.16*0.15*0.13*0.12*0.11*0.10*0.10*--------
Interest Expenses----------------------
Income Taxes6.9%14.0013.0023.0016.009.007.0016.0013.0015.0013.0015.005.009.007.008.000.003.005.003.002.004.00
Earnings Before Taxes15.0%59.0051.0095.0062.0036.0028.0066.0053.0063.0054.0059.0021.0038.0029.0032.0010.0014.0022.0016.008.0016.00
EBT Margin7.1%0.17*0.16*0.15*0.15*0.15*0.16*0.16*0.15*0.13*0.12*0.11*0.10*0.10*--------
Net Income17.8%45.0038.0072.0047.0027.0021.0051.0040.0048.0041.0044.0016.0028.0022.0024.0010.0010.0017.0013.007.0010.00
Net Income Margin7.5%0.13*0.12*0.12*0.11*0.11*0.12*0.12*0.11*0.09*0.09*0.08*0.07*0.08*--------
Free Cashflow61.9%-59.80-15622711471.00-49.90119-87.5070.004.0036.00-91.40-90.90--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.6%2,5992,5342,4712,3752,3362,3412,3432,2682,2322,1632,1022,0151,8991,8091,7401,6851,6761,4801,4561,325985
    Cash Equivalents-9.3%41645961640128721626514623416315411616723739435643837338322382.00
  Net PPE5.2%6.006.006.006.006.006.006.006.005.004.003.002.002.002.001.001.001.001.002.002.002.00
Liabilities0.1%1,1261,1251,1011,0791,0881,1211,1441,1201,1241,1041,0861,045954915868839839654647630297
  Long Term Debt0.1%706705695707707706706706705705705704655654641641640462461459149
Shareholder's Equity4.5%1,4721,4091,3691,2961,2491,2211,1991,1481,1071,0581,016970945894872847837826809695688
  Retained Earnings6.3%758713675602556529508457417370329285269241219195185175158145139
  Additional Paid-In Capital2.9%663645644643642641641640639638636635625604604604603603602507506
Shares Outstanding1.4%51.0050.0050.0050.0050.0050.0050.0050.0050.0050.0049.0050.0049.00--------
Minority Interest0%1.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.000.001.001.001.00
Float-----283---322---410---190---180
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations62.2%-59,200-156,700227,900114,90071,100-49,800118,900-86,80070,8005,80037,500-91,100-90,800-158,70037,300-81,900-112,200-11,60058,900-166,600-119,400
  Share Based Compensation100.0%1,8009009009001,9006005008001,600400600800900300400300800500200900100
Cashflow From Investing-200.0%-600-200-500-500-2001,500-300-600-1,0003,200-700-300-2,0001,900-4004003,100--100-700
Cashflow From Financing8650.0%17,100-200-12,400-100-600-100-100-1,400-10080040,20020,600-200-500-300176,700-1,000100,700307,80031,900
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FOR Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Earnings Per Share, Diluted [Abstract]    
Revenues$ 333.8$ 301.5$ 639.7$ 518.2
Cost of sales250.7245.6483.7414.8
Selling, General and Administrative Expense29.222.057.244.9
Gain on sale of assets0.00.00.0(1.6)
Interest and other income(5.0)(2.0)(11.3)(3.7)
Income before income taxes58.935.9110.163.8
Income tax expense13.99.026.916.1
Net income$ 45.0$ 26.9$ 83.2$ 47.7
Basic net income per common share$ 0.90$ 0.54$ 1.66$ 0.95
Weighted average number of common shares50,147,63949,943,37350,106,73549,916,927
Diluted net income per common share$ 0.89$ 0.54$ 1.65$ 0.95
Adjusted weighted average number of common shares50,626,95750,010,53950,544,51949,954,781

FOR Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Sep. 30, 2023
ASSETS  
Cash and Cash Equivalents, at Carrying Value$ 416.2$ 616.0
Real estate2,115.91,790.3
Investment in unconsolidated ventures0.50.5
Property and equipment, net6.15.9
Other assets60.058.0
Total assets2,598.72,470.7
LIABILITIES  
Accounts payable61.768.4
Accrued development costs107.3104.1
Earnest money on sales contracts144.5121.4
Deferred tax liability, net50.850.7
Accrued Liabilities55.861.2
Long-Term Debt705.7695.0
Total liabilities1,125.81,100.8
Commitments and contingencies (Note 11)
Forestar Group Inc. shareholders’ equity:  
Common stock, par value $1.00 per share, 200,000,000 authorized shares, 50,602,722 and 49,903,713 shares issued and outstanding at March 31, 2024 and September 30, 2023, respectively50.649.9
Additional paid-in capital663.3644.2
Retained earnings758.0674.8
Stockholders' equity1,471.91,368.9
Noncontrolling interests1.01.0
Total equity1,472.91,369.9
Total liabilities and equity$ 2,598.7$ 2,470.7
FOR
Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to local, regional, and national homebuilders. The company is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R. Horton, Inc.
 WEBSITEforestar.com
 INDUSTRYReal Estate Services
 EMPLOYEES282

Forestar Group Inc Frequently Asked Questions


What is the ticker symbol for Forestar Group Inc? What does FOR stand for in stocks?

FOR is the stock ticker symbol of Forestar Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Forestar Group Inc (FOR)?

As of Tue May 07 2024, market cap of Forestar Group Inc is 1.73 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FOR stock?

You can check FOR's fair value in chart for subscribers.

What is the fair value of FOR stock?

You can check FOR's fair value in chart for subscribers. The fair value of Forestar Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Forestar Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FOR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Forestar Group Inc a good stock to buy?

The fair value guage provides a quick view whether FOR is over valued or under valued. Whether Forestar Group Inc is cheap or expensive depends on the assumptions which impact Forestar Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FOR.

What is Forestar Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, FOR's PE ratio (Price to Earnings) is 8.54 and Price to Sales (PS) ratio is 1.11. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FOR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Forestar Group Inc's stock?

In the past 10 years, Forestar Group Inc has provided 0.07 (multiply by 100 for percentage) rate of return.