FOR Stock Recent News

Despite a high interest rate environment, recovery in demand for certain real-estate property types and constrained supply poise Real Estate Development industry players like GRBK, FOR and LSEA well for growth.

The real estate lot developer took the wraps off its latest set of quarterly results. It trounced the average prognosticator forecast for net income and beat handily on the top line.

Forestar Group (FOR) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.54 per share a year ago.

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.

In the vast opportunities, certain stocks emerge as hidden gems, promising solid returns and the potential to redefine and deliver historic gains. The article lists three game-changing stocks and the companies at the edge of their industry progress.

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.

Despite a high interest rate environment, recovery in demand for certain real-estate property types and constrained supply poise Real Estate Development industry players like BKGFY, GRBK and FOR well for growth.

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.