image
Forestar Group Inc. FOR
Real Estate - Real Estate - Development - NYSE - US
Watchlist
$ 20.76
-1.66 %
$ 1.05 B
Market Cap
5.83
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FOR stock under the worst case scenario is HIDDEN Compared to the current market price of 20.8 USD, Forestar Group Inc. is HIDDEN

FOR Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FOR stock under the base case scenario is HIDDEN Compared to the current market price of 20.8 USD, Forestar Group Inc. is HIDDEN

FOR Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FOR stock under the best case scenario is HIDDEN Compared to the current market price of 20.8 USD, Forestar Group Inc. is HIDDEN

FOR Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart FOR

image
1M -8%
6M -58.0%
1Y -52%
3Y 25%
5Y 69%
All
$34.0$34.0$32.0$32.0$30.0$30.0$28.0$28.0$26.0$26.0$24.0$24.0$22.0$22.0$20.0$20.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
1.51 B REVENUE
5.05%
Growth Rates
1Year 5.05%
3Years 4.42%
5Years 28.65%
7Years 44.58%
10Years 17.27%
241 M OPERATING INCOME
17.58%
Growth Rates
1Year 17.58%
3Years 14.41%
5Years 45.68%
7Years 29.34%
10Years 20.04%
203 M NET INCOME
21.87%
Growth Rates
1Year 21.87%
3Years 22.55%
5Years 41.15%
7Years 21.40%
10Years 28.10%
-158 M OPERATING CASH FLOW
-43.50%
Growth Rates
1Year -43.50%
3Years 19.45%
5Years 16.54%
7Years -38.49%
10Years -9.50%
7.3 M INVESTING CASH FLOW
2333.33%
Growth Rates
1Year 2333.33%
3Years 93.99%
5Years 61.90%
7Years -34.05%
10Years 7.48%
16.3 M FINANCING CASH FLOW
223.48%
Growth Rates
1Year 223.48%
3Years -35.73%
5Years -48.26%
7Years 12.36%
10Years 42.59%
250 M REVENUE
-54.59%
Growth Rates
1Year 5.05%
3Years 4.42%
5Years 28.65%
7Years 44.58%
10Years 17.27%
19 M OPERATING INCOME
-80.98%
Growth Rates
1Year 17.58%
3Years 14.41%
5Years 45.68%
7Years 29.34%
10Years 20.04%
16.5 M NET INCOME
-79.75%
Growth Rates
1Year 21.87%
3Years 22.55%
5Years 41.15%
7Years 21.40%
10Years 28.10%
-450 M OPERATING CASH FLOW
-377.52%
Growth Rates
1Year -43.50%
3Years 19.45%
5Years 16.54%
7Years -38.49%
10Years -9.50%
900 K INVESTING CASH FLOW
-75.00%
Growth Rates
1Year 2333.33%
3Years 93.99%
5Years 61.90%
7Years -34.05%
10Years 7.48%
99.9 M FINANCING CASH FLOW
12587.50%
Growth Rates
1Year 223.48%
3Years -35.73%
5Years -48.26%
7Years 12.36%
10Years 42.59%
Balance Sheet Forestar Group Inc.
image
Current Assets 555 M
Cash & Short-Term Investments 481 M
Receivables 37.3 M
Other Current Assets 36.6 M
Non-Current Assets 7.1 M
Long-Term Investments 0
PP&E 7.1 M
Other Non-Current Assets 0
85.59 %6.63 %6.51 %Total Assets$562.2m
Current Liabilities 455 M
Accounts Payable 85.9 M
Short-Term Debt 0
Other Current Liabilities 369 M
Non-Current Liabilities 790 M
Long-Term Debt 717 M
Other Non-Current Liabilities 73.2 M
6.90 %29.66 %57.56 %5.88 %Total Liabilities$1.2b
EFFICIENCY
Earnings Waterfall Forestar Group Inc.
image
Revenue 1.51 B
Cost Of Revenue 1.15 B
Gross Profit 359 M
Operating Expenses 118 M
Operating Income 241 M
Other Expenses 37.4 M
Net Income 203 M
2b2b1b1b1b1b1b1b800m800m600m600m400m400m200m200m002b(1b)359m(118m)241m(37m)203mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
23.80% GROSS MARGIN
23.80%
Averages
1Year 23.80%
3Years 22.10%
5Years 19.25%
7Years 21.26%
10Years 13.71%
15.95% OPERATING MARGIN
15.95%
Averages
1Year 15.95%
3Years 15.12%
5Years 13.05%
7Years 12.98%
10Years 13.41%
13.48% NET MARGIN
13.48%
Averages
1Year 13.48%
3Years 12.29%
5Years 10.34%
7Years 16.63%
10Years 10.89%
12.76% ROE
12.76%
Averages
1Year 12.76%
3Years 13.29%
5Years 11.54%
7Years 9.78%
10Years 4.48%
7.16% ROA
7.16%
Averages
1Year 7.16%
3Years 7.18%
5Years 6.06%
7Years 5.60%
10Years 3.21%
169.47% ROIC
169.47%
Averages
1Year 169.47%
3Years 61.59%
5Years 38.94%
7Years 28.12%
10Years 19.33%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Forestar Group Inc.
image
400m400m300m300m200m200m100m100m00(100m)(100m)(200m)(200m)(300m)(300m)(400m)(400m)201620162017201720182018201920192020202020212021202220222023202320242024
Net Income 203 M
Depreciation & Amortization 3 M
Capital Expenditures 0
Stock-Based Compensation 5.3 M
Change in Working Capital -382 M
Others -412 M
Free Cash Flow -158 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Forestar Group Inc.
image
Wall Street analysts predict an average 1-year price target for FOR of $29.6 , with forecasts ranging from a low of $13.5 to a high of $40 .
FOR Lowest Price Target Wall Street Target
13.5 USD -34.97%
FOR Average Price Target Wall Street Target
29.6 USD 42.70%
FOR Highest Price Target Wall Street Target
40 USD 92.68%
Price
Max Price Target
Min Price Target
Average Price Target
4040353530302525202015151010May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Forestar Group Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
19.9 K USD 1
6-9 MONTHS
162 K USD 2
9-12 MONTHS
62.8 K USD 1
Bought
99.5 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
100 K USD 1
9-12 MONTHS
7. News
Forestar Group Inc. Announces Expiration and Final Results of Tender Offer for Any and All of its 3.850% Senior Notes due 2026 ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced the expiration and final results of the previously announced cash tender offer to purchase its outstanding 3.850% Senior Notes. businesswire.com - 1 month ago
Forestar Group Inc. Announces Pricing Terms of Tender Offer for Any and All of its 3.850% Senior Notes due 2026 ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar today announced the pricing of the previously announced cash tender offer to purchase any and all of its outstanding 3.850% Senior Notes. businesswire.com - 1 month ago
3 Housing-Related Book Value Bargains The housing sector continues to be more than challenged triggering a recent sharp downturn in most housing related stocks. Housing affordability remains near historical lows, new home inventory is surging, and mortgage rates are stubbornly hovering near the 7% level. New tariffs are also pushing the price of lumber higher, which will hurt profit margins for the home builders. seekingalpha.com - 1 month ago
Forestar Announces Pricing of $500 Million Offering of Senior Unsecured Notes ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. announced that it has priced an offering of $500 million aggregate principal amount of 6.500% senior unsecured notes due 2033. businesswire.com - 1 month ago
Forestar Group Inc. Announces Tender Offer for Any and All of its 3.850% Senior Notes due 2026 ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. announced today that it is commencing a cash tender offer to purchase any and all of its outstanding 3.850% Senior Notes due 2026. businesswire.com - 1 month ago
Forestar Announces Proposed Offering of Senior Unsecured Notes ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. today announced that it is proposing to sell $500 million aggregate principal amount of senior unsecured notes due 2033. businesswire.com - 1 month ago
Forestar Group Inc. (FOR) Q1 2025 Earnings Call Transcript Forestar Group Inc. (NYSE:FOR ) Q1 2025 Results Conference Call January 21, 2025 11:00 AM ET Company Participants Chris Hibbetts - Vice President of Finance & Investor Relations Andy Oxley - President and CEO Jim Allen - Chief Financial Officer Mark Walker - Chief Operating Officer Conference Call Participants Carl Reichardt - BTIG Asher Sohnen - Citigroup Operator Good morning, and welcome to Forestar's First Quarter 2025 Earnings Conference Call. [Operator Instructions]. seekingalpha.com - 2 months ago
Forestar Reports Fiscal 2025 First Quarter Results ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar reported net income of $16.5 million or $0.32 per diluted share in its first fiscal quarter of 2025. businesswire.com - 2 months ago
Forestar Group: Capitalizing On Lot Supply Constraints And Strong Market Demand Forestar is poised to benefit from persistent residential housing shortage and a favorable interest rate environment, driving demand for residential lots and land sales. The company has shown impressive growth, with a 22% increase in net income for FY'24, driven by increased lot sales and strategic market expansion. The company's strong financial position, minimal leverage, and substantial liquidity provide a solid foundation for future growth and shareholder returns. seekingalpha.com - 4 months ago
Forestar Group Inc. to Release 2025 First Quarter Earnings on January 21, 2025 ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that the Company will release financial results for its first quarter ended December 31, 2024 on Tuesday, January 21, 2025. businesswire.com - 4 months ago
Forestar Group Inc. (FOR) Q4 2024 Earnings Conference Call Transcript Forestar Group Inc. (NYSE:FOR ) Q4 2024 Earnings Conference Call October 29, 2024 11:00 AM ET Company Participants Katie Smith - Director of Finance and IR Andy Oxley - President and CEO Jim Allen - CFO Mark Walker - COO Conference Call Participants Carl Reichardt - BTIG Asher Sohnen - Citigroup Trevor Allinson - Wolfe Research Alex Barron - Housing Research Center Operator Good morning, and welcome to Forestar's Fourth Quarter and Fiscal 2024 Earnings Conference Call. At this time all participants are in a listen-on mod, and we will open for questions following the presentation. seekingalpha.com - 5 months ago
Forestar Reports Fourth Quarter and Fiscal 2024 Results ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. (“Forestar”) (NYSE: FOR), a leading national residential lot developer, today reported financial results for its fourth quarter and fiscal year ended September 30, 2024. Fiscal 2024 Fourth Quarter Highlights All comparisons are year-over-year Net income increased 13% to $81.6 million or $1.60 per diluted share Pre-tax income increased 14% to $108.5 million, with a pre-tax profit margin of 19.7% Revenues of $551.4 million on 5,374 lots sold. businesswire.com - 5 months ago
8. Profile Summary

Forestar Group Inc. FOR

image
COUNTRY US
INDUSTRY Real Estate - Development
MARKET CAP $ 1.05 B
Dividend Yield 0.00%
Description 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.
Contact 2221 East Lamar Boulevard, Arlington, TX, 76006 https://www.forestar.com
IPO Date Dec. 13, 2007
Employees 427
Officers Mr. Daniel C. Bartok Consultant Mr. Mark Stephen Walker Executive Vice President & Chief Operating Officer Ms. Katie Smith Director of Finance & Investor Relations Ms. Ashley Dagley Senior Vice President of Governance, Risk & Securities and Corporate Secretary Mr. Anthony W. Oxley President & Chief Executive Officer Mr. Donald J. Tomnitz Executive Chairman of the Board Mr. James D. Allen CPA Executive Vice President, Chief Financial Officer & Treasurer