Forestar Group Stock Today
| FOR Stock | USD 31.61 0.31 0.99% |
Performance0 of 100
| Odds Of DistressLess than 5
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Forestar is selling at 31.61 as of the 20th of April 2024; that is 0.99 percent up since the beginning of the trading day. The stock's lowest day price was 31.12. Forestar has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Forestar Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Business Domain Real Estate Management & Development | IPO Date 12th of December 2007 | Category Real Estate |
Forestar Group Inc. operates as a residential lot development company in the United States. It sells its residential single-family finished lots to homebuilders. Forestar operates under Real EstateDevelopment classification in the United States and is traded on New York Stock Exchange. The company has 49.91 M outstanding shares of which 479.22 K shares are currently shorted by investors with about 1.94 days to cover. More on Forestar Group
Moving together with Forestar Stock
| 0.7 | JLL | Jones Lang LaSalle Financial Report 2nd of May 2024 | PairCorr |
Moving against Forestar Stock
| 0.66 | MMI | Marcus Millichap | PairCorr |
| 0.61 | RMAX | Re Max Holding Financial Report 2nd of May 2024 | PairCorr |
| 0.6 | RDFN | Redfin Corp Financial Report 2nd of May 2024 | PairCorr |
| 0.59 | KW | Kennedy Wilson Holdings Financial Report 1st of May 2024 | PairCorr |
| 0.48 | HR | Healthcare Realty Trust Financial Report 14th of May 2024 | PairCorr |
| 0.44 | UK | Ucommune International Report 23rd of April 2024 | PairCorr |
| 0.42 | CBL | CBL Associates Properties | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 18th of July 2024
Forestar Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Forestar's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Forestar or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chief Executive Officer | Daniel Bartok | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Real Estate (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Real Estate Management & Development, Real Estate, NYSE Composite, Real Estate, Real Estate Management & Development, Real Estate—Development, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Forestar report their recommendations after researching Forestar's financial statements, talking to executives and customers, or listening in on Forestar's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Forestar Group. The Forestar consensus assessment is calculated by taking the average forecast from all of the analysts covering Forestar. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Forestar's profitability, liquidity, and operating efficiency, Forestar Group may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Forestar Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Forestar's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Forestar's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Forestar's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Forestar's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Forestar's financial leverage. It provides some insight into what part of Forestar's total assets is financed by creditors.
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Forestar Group (FOR) is traded on New York Stock Exchange in USA. It is located in 2221 East Lamar Boulevard, Arlington, TX, United States, 76006 and employs 303 people. Forestar is listed under Real Estate Management & Development category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Forestar's market, we take the total number of its shares issued and multiply it by Forestar's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Forestar Group runs under Real Estate Management & Development sector within Real Estate industry. The entity has 49.91 M outstanding shares of which 479.22 K shares are currently shorted by investors with about 1.94 days to cover.
Forestar Group has about 616 M in cash with 364.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.94.
Check Forestar Probability Of Bankruptcy
Ownership AllocationForestar holds a total of 49.91 Million outstanding shares. Forestar Group shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 63.51 percent of Forestar Group outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Also note that almost four hundred ninety-nine thousand one hundred thirty-four invesors are currently shorting Forestar expressing very little confidence in its future performance.
Check Forestar Ownership Details
Forestar Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Forestar jumping above the current price in 90 days from now is about 86.78%. The Forestar Group probability density function shows the probability of Forestar stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.5254. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Forestar will likely underperform. Additionally, forestar Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Forestar to move above the current price in 90 days from now is about 86.78 (This Forestar Group probability density function shows the probability of Forestar Stock to fall within a particular range of prices over 90 days) .
Forestar Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Forestar that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Forestar's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Forestar's value.| Instituion | Recorded On | Shares | |
| Nuveen Asset Management, Llc | 2023-12-31 | 353.8 K | |
| American Century Companies Inc | 2023-12-31 | 299.5 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 274.9 K | |
| Jacobs Levy Equity Management, Inc. | 2023-09-30 | 261.1 K | |
| Arrowstreet Capital Limited Partnership | 2023-12-31 | 245.2 K | |
| Prudential Financial Inc | 2023-12-31 | 238.2 K | |
| Venator Capital Management Ltd. | 2023-09-30 | 211 K | |
| Aqr Capital Management Llc | 2023-12-31 | 198.6 K | |
| Northern Trust Corp | 2023-12-31 | 198.5 K | |
| Vanguard Group Inc | 2023-12-31 | 2.8 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 2 M |
Forestar Historical Income Statement
Forestar Group Income Statement is one of the three primary financial statements used for reporting Forestar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Forestar Group revenue and expense. Forestar Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Forestar's Net Income is relatively stable compared to the past year. As of 04/20/2024, Income Tax Expense is likely to grow to about 66.1 M, while Interest Expense is likely to drop slightly above 1.1 M. View More FundamentalsForestar Stock Against Markets
Picking the right benchmark for Forestar stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Forestar stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Forestar is critical whether you are bullish or bearish towards Forestar Group at a given time. Please also check how Forestar's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Forestar without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio VolatilityCheck portfolio volatility and analyze historical return density to properly model market risk |
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Forestar Corporate Directors
Forestar corporate directors refer to members of a Forestar board of directors. The board of directors generally takes responsibility for the Forestar's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Forestar's board members must vote for the resolution. The Forestar board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Richard Smith | Independent Director | Profile | |
| Samuel Fuller | Independent Director | Profile | |
| George Ringler | Presiding Independent Director | Profile | |
| David Weinstein | Independent Director | Profile |
How to buy Forestar Stock?
Before investing in Forestar, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Forestar. To buy Forestar stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Forestar. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Forestar stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Forestar Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Forestar Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Forestar Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Forestar Stock please use our How to Invest in Forestar guide.
Already Invested in Forestar Group?
The danger of trading Forestar Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Forestar is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Forestar. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Forestar Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Forestar Group is a strong investment it is important to analyze Forestar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forestar's future performance. For an informed investment choice regarding Forestar Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forestar Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Forestar Stock analysis
When running Forestar's price analysis, check to measure Forestar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forestar is operating at the current time. Most of Forestar's value examination focuses on studying past and present price action to predict the probability of Forestar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forestar's price. Additionally, you may evaluate how the addition of Forestar to your portfolios can decrease your overall portfolio volatility.
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Is Forestar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forestar. If investors know Forestar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forestar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.652 | Earnings Share 3.67 | Revenue Per Share 31.114 | Quarterly Revenue Growth 0.107 | Return On Assets 0.0625 |
The market value of Forestar Group is measured differently than its book value, which is the value of Forestar that is recorded on the company's balance sheet. Investors also form their own opinion of Forestar's value that differs from its market value or its book value, called intrinsic value, which is Forestar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forestar's market value can be influenced by many factors that don't directly affect Forestar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forestar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forestar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forestar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.