FOR Stock Recent News

Healthy demand for trending real-estate property types and digital transformations to drive operational resiliency poise Real Estate Development industry players like LGIH and FOR well for growth.

SMCI, PKX and FOR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 27, 2023.

Forestar Group Inc. (FOR) Q3 2023 Earnings Call Transcript

Forestar Group (FOR) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.80 per share a year ago.

Forestar Group's increase in book value per share and gross profit margin improvements are driven by a recent increase in the price of lots. FOR's diversified national presence and short-term project execution strategy offer multiple opportunities for profit margin maximization and FCF generation. Despite risks from debt outstanding, dependence on certain shareholders, and supply chain issues, the stock price could potentially trade at a higher mark.

Amid low supply, Real Estate Development industry players like FOR and GBRK are likely to benefit from the improving demand for several trending real-estate property types and new-age real estate developments.

People seem to be buying these stocks, and it seems for good reason.

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar will participate in a fireside chat via webcast at the J.P. Morgan Homebuilding & Building Products Conference on May 17, 2023.

Forestar Group (FOR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Forestar Group Inc. (FOR) Q2 2023 Earnings Call Transcript.