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Forestar Group Inc. FOR
Real Estate - Real Estate - Development - NYSE - US
Watchlist
$ 19.53
0.715 %
$ 993 M
Market Cap
5.99
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one FOR stock under the worst case scenario is HIDDEN Compared to the current market price of 19.5 USD, Forestar Group Inc. is HIDDEN

FOR Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one FOR stock under the base case scenario is HIDDEN Compared to the current market price of 19.5 USD, Forestar Group Inc. is HIDDEN

FOR Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one FOR stock under the best case scenario is HIDDEN Compared to the current market price of 19.5 USD, Forestar Group Inc. is HIDDEN

FOR Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart FOR

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1M -4%
6M -43%
1Y -63%
3Y 46%
5Y 21%
All
$29.0$29.0$28.0$28.0$27.0$27.0$26.0$26.0$25.0$25.0$24.0$24.0$23.0$23.0$22.0$22.0$21.0$21.0$20.0$20.0$19.0$19.0$18.0$18.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '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%
245 M OPERATING INCOME
19.58%
Growth Rates
1Year 19.58%
3Years 15.05%
5Years 46.17%
7Years 29.65%
10Years 20.24%
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%
351 M REVENUE
40.18%
Growth Rates
1Year 5.05%
3Years 4.42%
5Years 28.65%
7Years 44.58%
10Years 17.27%
41.7 M OPERATING INCOME
119.47%
Growth Rates
1Year 19.58%
3Years 15.05%
5Years 46.17%
7Years 29.65%
10Years 20.24%
31.6 M NET INCOME
91.52%
Growth Rates
1Year 21.87%
3Years 22.55%
5Years 41.15%
7Years 21.40%
10Years 28.10%
-19.8 M OPERATING CASH FLOW
95.60%
Growth Rates
1Year -43.50%
3Years 19.45%
5Years 16.54%
7Years -38.49%
10Years -9.50%
-700 K INVESTING CASH FLOW
-77.78%
Growth Rates
1Year 2333.33%
3Years 93.99%
5Years 61.90%
7Years -34.05%
10Years 7.48%
62.8 M FINANCING CASH FLOW
-37.14%
Growth Rates
1Year 223.48%
3Years -35.73%
5Years -48.26%
7Years 12.36%
10Years 42.59%
Balance Sheet Forestar Group Inc.
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Current Assets 532 M
Cash & Short-Term Investments 481 M
Receivables 37.3 M
Other Current Assets 13.2 M
Non-Current Assets 2.31 B
Long-Term Investments 0
PP&E 16.7 M
Other Non-Current Assets 2.29 B
16.94 %80.69 %Total Assets$2.8b
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.
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Revenue 1.51 B
Cost Of Revenue 1.15 B
Gross Profit 359 M
Operating Expenses 118 M
Operating Income 245 M
Other Expenses 41.5 M
Net Income 203 M
2b2b1b1b1b1b1b1b800m800m600m600m400m400m200m200m002b(1b)359m(118m)245m(41m)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%
16.22% OPERATING MARGIN
16.22%
Averages
1Year 16.22%
3Years 15.21%
5Years 13.11%
7Years 13.02%
10Years 13.43%
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%
7.73% ROIC
7.73%
Averages
1Year 7.73%
3Years 7.68%
5Years 6.59%
7Years 5.02%
10Years 3.16%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Forestar Group Inc.
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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 -161 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Forestar Group Inc.
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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 -30.88%
FOR Average Price Target Wall Street Target
29.6 USD 51.69%
FOR Highest Price Target Wall Street Target
40 USD 104.81%
Price
Max Price Target
Min Price Target
Average Price Target
4040353530302525202015151010Jul '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 '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Forestar Group Inc.
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Sold
0-3 MONTHS
30 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
85.1 K USD 2
9-12 MONTHS
160 K USD 2
Bought
100 K USD 1
0-3 MONTHS
99.5 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Forestar Group Inc. to Release 2025 Third Quarter Earnings on July 22, 2025 ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR #earnings--Forestar announced that the Company will release financial results for its third quarter ended June 30, 2025 on Tuesday, July 22, 2025. businesswire.com - 1 week ago
Forestar Group Inc. (FOR) Q2 2025 Earnings Call Transcript Forestar Group Inc. (NYSE:FOR ) Q2 2025 Earnings Conference Call April 17, 2025 11:00 AM ET Company Participants Chris Hibbetts - VP of Finance & IR Anthony Oxley - President & CEO James Allen - CFO Mark Walker - COO Conference Call Participants Carl Reichardt - BTIG Anthony Pettinari - Citi Trevor Allinson - Wolfe Research Alex Isaac - J.P. Morgan Operator Good morning and welcome to Forestar's Second Quarter 2025 Earnings Conference Call. seekingalpha.com - 1 month ago
Forestar Reports Fiscal 2025 Second Quarter Results ARLINGTON, Texas--(BUSINESS WIRE)--Forestar reported net income of $31.6 million or $0.62 per diluted share in its second fiscal quarter of 2025. businesswire.com - 2 months ago
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 - 3 months 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 - 3 months 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 - 3 months 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 - 3 months 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 - 3 months 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 - 3 months 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 - 4 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 - 4 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 - 6 months ago
8. Profile Summary

Forestar Group Inc. FOR

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COUNTRY US
INDUSTRY Real Estate - Development
MARKET CAP $ 993 M
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 440
Officers Mr. Mark Stephen Walker Executive Vice President & Chief Operating Officer Mr. Daniel C. Bartok Consultant Ms. Ashley Dagley Senior Vice President of Governance, Risk & Securities and Corporate Secretary Ms. Katie Smith Director of Finance & Investor Relations Mr. James D. Allen CPA Executive Vice President, Chief Financial Officer & Treasurer Mr. Anthony W. Oxley President, Chief Executive Officer & Director Mr. Donald J. Tomnitz Executive Chairman of the Board