FOR Stock Recent News

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.

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.