Profile
Sector:
Real EstateIndustry:
DevelopmentCountry:
United StatesIPO:
13 December 2007Website:
http://www.forestar.comNext earnings report:
18 July 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Mon, 01 Jul 2024 22:24:01 GMTDividend
Analysts recommendations
Institutional Ownership
FOR Latest News
The real estate lot developer unveiled its latest quarterly results, surpassing the average prediction for net income and exceeding expectations for revenue.
Forestar Group (FOR) reported earnings of $0.89 per share for the quarter, surpassing the Zacks Consensus Estimate of $0.84 per share. This is an improvement from earnings of $0.54 per share in the same quarter last year.
Forestar Group (FOR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Forestar Group (FOR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
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Forestar Group, a real estate developer, is expected to benefit from the upcoming housing recovery in 2024. Housing shortages will continue due to a lack of inventory, leading to an increase in single-family home construction. Mortgage rates are forecast to decrease, leading to a pickup in demand for new homes.
Forestar Group Inc. (FOR) Q1 2024 Earnings Call Transcript
Forestar Group (FOR) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.42 per share a year ago.
Forestar Group Inc. is a residential lot developer focused on building infrastructure and acquiring property for single-family residential communities. The company has a market capitalization of $1.54 billion and a solid 8% Return on Invested Capital. Forestar strategically targets regions with growth potential and favorable economic conditions to optimize the sale prices of residential properties and deliver robust financial returns.
Forestar Group Inc. (NYSE:FOR ) Q4 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Ashley Dagley - Corporate Securities Council & IR Daniel Bartok - CEO James Allen - CFO Mark Walker - COO Conference Call Participants Carl Reichardt - BTIG Truman Patterson - Wolfe Research Douglas Wardlaw - JPMorgan Anthony Pettinari - Citigroup Operator Good afternoon, and welcome to Forestar's Fourth Quarter and Fiscal 2023 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded.
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What type of business is Forestar?
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 homebuilders. The company is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R. Horton, Inc.
What sector is Forestar in?
Forestar is in the Real Estate sector
What industry is Forestar in?
Forestar is in the Development industry
What country is Forestar from?
Forestar is headquartered in United States
When did Forestar go public?
Forestar initial public offering (IPO) was on 13 December 2007
What is Forestar website?
https://www.forestar.com
Is Forestar in the S&P 500?
No, Forestar is not included in the S&P 500 index
Is Forestar in the NASDAQ 100?
No, Forestar is not included in the NASDAQ 100 index
Is Forestar in the Dow Jones?
No, Forestar is not included in the Dow Jones index
When does Forestar report earnings?
The next expected earnings date for Forestar is 18 July 2024