Annuncio • Apr 23
Forestar Group Inc. Maintains Revenue Guidance for the Fiscal 2026; Updates Lot Deliver Guidance for Fiscal 2026 Forestar Group Inc. maintained revenue guidance for the fiscal 2026. For the period, the company expects revenue of $1.6 billion to $1.7 billion.
The company updated lot deliver guidance for fiscal 2026. The company is updating its fiscal 2026 lot delivery guidance to between 14,000 and 14,500 lots compared to its prior guidance of between 14,000 and 15,000 lots. Annuncio • Apr 21
Forestar Group Inc. to Report Q3, 2026 Results on Jul 21, 2026 Forestar Group Inc. announced that they will report Q3, 2026 results Pre-Market on Jul 21, 2026 Annuncio • Jan 20
Forestar Group Inc. to Report Q2, 2026 Results on Apr 21, 2026 Forestar Group Inc. announced that they will report Q2, 2026 results Pre-Market on Apr 21, 2026 Annuncio • Dec 17
Forestar Group Inc., Annual General Meeting, Jan 19, 2026 Forestar Group Inc., Annual General Meeting, Jan 19, 2026. Location: 2221 e. lamar blvd, texas 76006, arlington United States Annuncio • Apr 17
Forestar Group Inc. to Report Q3, 2025 Results on Jul 22, 2025 Forestar Group Inc. announced that they will report Q3, 2025 results Pre-Market on Jul 22, 2025 Annuncio • Apr 16
Forestar Group Inc. Appoints Anthony W. Oxley as Director On April 14, 2025, Forestar Group Inc.’s Board of Directors (the “Board”) appointed Anthony W. Oxley, the Company’s President and Chief Executive Officer, to serve as a director on the Board. Mr. Oxley’s appointment expands the size of the Board from six to seven directors, five of whom are independent directors. Mr. Oxley, age 61, is President and Chief Executive Officer of Forestar, positions he has held since January 2024. Prior to Forestar, he was D.R. Horton’s Senior Vice President – Business Development and oversaw all M&A activity and new market opportunities for start-up divisions. During his 25-year tenure with the national homebuilder, he was active in land banking, land acquisition and development, homebuilding and day-to-day division operations. Additional responsibilities included property, technology and innovation investments. Annuncio • Feb 14
Forestar Group Inc. to Report Q2, 2025 Results on Apr 17, 2025 Forestar Group Inc. announced that they will report Q2, 2025 results Pre-Market on Apr 17, 2025 Annuncio • Dec 04
Forestar Group Inc. to Report Q1, 2025 Results on Jan 21, 2025 Forestar Group Inc. announced that they will report Q1, 2025 results Pre-Market on Jan 21, 2025 Annuncio • Nov 28
Forestar Group Inc., Annual General Meeting, Jan 20, 2025 Forestar Group Inc., Annual General Meeting, Jan 20, 2025. Location: 2221 e. lamar blvd, texas 76006, arlington United States Annuncio • Nov 20
Forestar Group Inc. has filed a Follow-on Equity Offering in the amount of $300 million. Forestar Group Inc. has filed a Follow-on Equity Offering in the amount of $300 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Reported Earnings • Oct 29
Full year 2024 earnings released: EPS: US$4.04 (vs US$3.34 in FY 2023) Full year 2024 results: EPS: US$4.04 (up from US$3.34 in FY 2023). Revenue: US$1.51b (up 5.0% from FY 2023). Net income: US$203.4m (up 22% from FY 2023). Profit margin: 14% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 19% per year. Annuncio • Oct 29
Forestar Group Inc. Provides Earnings Guidance for the Fiscal Year 2025 Forestar Group Inc. provided earnings guidance for the fiscal year 2025. For the period, the company expects to deliver between 16,000 and 16,500 lots, generating $1.6 billion to $1.65 billion of revenue. Annuncio • Sep 04
Forestar Group Inc. to Report Q4, 2024 Results on Oct 29, 2024 Forestar Group Inc. announced that they will report Q4, 2024 results Pre-Market on Oct 29, 2024 New Risk • Jul 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Jul 19
Third quarter 2024 earnings released: EPS: US$0.76 (vs US$0.94 in 3Q 2023) Third quarter 2024 results: EPS: US$0.76 (down from US$0.94 in 3Q 2023). Revenue: US$318.4m (down 14% from 3Q 2023). Net income: US$38.7m (down 17% from 3Q 2023). Profit margin: 12% (in line with 3Q 2023). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 18% per year. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €33.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 2x in the Real Estate industry in Germany. Total returns to shareholders of 105% over the past three years. Annuncio • Jul 03
Forestar Group Inc.(NYSE:FOR) dropped from Russell 3000E Value Index Forestar Group Inc.(NYSE:FOR) dropped from Russell 3000E Value Index Annuncio • May 31
Forestar Group Inc. to Report Q3, 2024 Results on Jul 18, 2024 Forestar Group Inc. announced that they will report Q3, 2024 results After-Market on Jul 18, 2024 Reported Earnings • Apr 19
Second quarter 2024 earnings released: EPS: US$0.90 (vs US$0.54 in 2Q 2023) Second quarter 2024 results: EPS: US$0.90 (up from US$0.54 in 2Q 2023). Revenue: US$333.8m (up 11% from 2Q 2023). Net income: US$45.0m (up 67% from 2Q 2023). Profit margin: 14% (up from 8.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 13
Forestar Group Inc. to Report Q2, 2024 Results on Apr 18, 2024 Forestar Group Inc. announced that they will report Q2, 2024 results Pre-Market on Apr 18, 2024 Reported Earnings • Jan 24
First quarter 2024 earnings released: EPS: US$0.76 (vs US$0.42 in 1Q 2023) First quarter 2024 results: EPS: US$0.76 (up from US$0.42 in 1Q 2023). Revenue: US$305.9m (up 41% from 1Q 2023). Net income: US$38.2m (up 84% from 1Q 2023). Profit margin: 13% (up from 9.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 20% per year. Annuncio • Dec 16
Forestar Group Inc., Annual General Meeting, Jan 16, 2024 Forestar Group Inc., Annual General Meeting, Jan 16, 2024, at 09:00 Central Standard Time. Location: 2221 E. Lamar Blvd. Arlington Texas United States Agenda: To elect the five directors; to seek an advisory vote on the approval of executive compensation; and to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year 2024. Annuncio • Dec 09
Forestar Group Inc. to Report Q1, 2024 Results on Jan 23, 2024 Forestar Group Inc. announced that they will report Q1, 2024 results Pre-Market on Jan 23, 2024 Recent Insider Transactions • Dec 03
Chief Executive Officer recently sold €376k worth of stock On the 30th of November, Daniel Bartok sold around 13k shares on-market at roughly €28.66 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Daniel's only on-market trade for the last 12 months. Reported Earnings • Nov 08
Full year 2023 earnings released: EPS: US$3.34 (vs US$3.59 in FY 2022) Full year 2023 results: EPS: US$3.34 (down from US$3.59 in FY 2022). Revenue: US$1.44b (down 5.4% from FY 2022). Net income: US$166.9m (down 6.7% from FY 2022). Profit margin: 12% (in line with FY 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 14% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €25.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Real Estate industry in Germany. Total returns to shareholders of 64% over the past three years. Annuncio • Sep 27
Forestar Group Inc. to Report Q4, 2023 Results on Nov 07, 2023 Forestar Group Inc. announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on Nov 07, 2023 Reported Earnings • Jul 20
Third quarter 2023 earnings released: EPS: US$0.93 (vs US$0.80 in 3Q 2022) Third quarter 2023 results: EPS: US$0.93 (up from US$0.80 in 3Q 2022). Revenue: US$368.9m (up 20% from 3Q 2022). Net income: US$46.8m (up 18% from 3Q 2022). Profit margin: 13% (in line with 3Q 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 16
Forestar Group Inc. to Report Q3, 2023 Results on Jul 20, 2023 Forestar Group Inc. announced that they will report Q3, 2023 results Pre-Market on Jul 20, 2023 Reported Earnings • Apr 21
Second quarter 2023 earnings released: EPS: US$0.54 (vs US$0.96 in 2Q 2022) Second quarter 2023 results: EPS: US$0.54 (down from US$0.96 in 2Q 2022). Revenue: US$301.5m (down 28% from 2Q 2022). Net income: US$26.9m (down 44% from 2Q 2022). Profit margin: 8.9% (down from 11% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 35% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 25
First quarter 2023 earnings released: EPS: US$0.42 (vs US$0.81 in 1Q 2022) First quarter 2023 results: EPS: US$0.42 (down from US$0.81 in 1Q 2022). Revenue: US$216.7m (down 47% from 1Q 2022). Net income: US$20.8m (down 49% from 1Q 2022). Profit margin: 9.6% (in line with 1Q 2022). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.9% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Annuncio • Dec 15
Forestar Group Inc. to Report Q1, 2023 Results on Jan 24, 2023 Forestar Group Inc. announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on Jan 24, 2023 Annuncio • Dec 07
Forestar Group Inc., Annual General Meeting, Jan 17, 2023 Forestar Group Inc., Annual General Meeting, Jan 17, 2023, at 09:00 Central Standard Time. Location: 2221 E. Lamar Blvd. Arlington Texas United States Agenda: To elect the five directors named in proxy statement; to consider advisory vote to approve executive compensation: to seek an advisory vote on the approval of executive compensation; to consider ratification of auditors: to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year 2023; to consider approval of ESPP: to approve the 2022 employee stock purchase plan; to consider advisory vote to approve say-on-frequency: and to seek an advisory vote on the frequency of future advisory votes on executive compensation. Reported Earnings • Nov 19
Full year 2022 earnings released: EPS: US$3.59 (vs US$2.25 in FY 2021) Full year 2022 results: EPS: US$3.59 (up from US$2.25 in FY 2021). Revenue: US$1.52b (up 15% from FY 2021). Net income: US$178.8m (up 62% from FY 2021). Profit margin: 12% (up from 8.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 5.0% p.a. on average during the next 3 years compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Lisa Jamieson was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 11
Full year 2022 earnings released: EPS: US$3.59 (vs US$2.25 in FY 2021) Full year 2022 results: EPS: US$3.59 (up from US$2.25 in FY 2021). Revenue: US$1.52b (up 15% from FY 2021). Net income: US$178.8m (up 62% from FY 2021). Profit margin: 12% (up from 8.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 9.3% p.a. on average during the next 2 years compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Annuncio • Oct 01
Forestar Group Inc. Names Mark Walker as Chief Operating Officer, Effective October 1, 2022 Forestar Group Inc. announced the promotion of Mark Walker to Chief Operating Officer (COO), effective October 1, 2022. In his new role as COO, Mr. Walker will be responsible for providing strategic direction to region and division leaders, deepening local market share and driving efficiencies. Mr. Walkerjoined Forestar in 2019 as Region President overseeing operations in the East. His oversight responsibilities have consistently expanded throughout his tenure to include the Mid-Atlantic, North and Texas regions, accounting for 52% of the Company’s lots sold in the trailing twelve months ended June 30, 2022. Prior to joining Forestar, Mr. Walker was a Vice President in land acquisition and development at D.R. Horton Inc. from January 2012 to January 2019. He has over 20 years of residential real estate experience and has held a variety of operational roles at both public and private homebuilders. Mr. Walker graduated from the University of Georgia with a Bachelor of Business Administration degree in general business. Annuncio • Sep 15
Forestar Group Inc. to Report Q4, 2022 Results on Nov 09, 2022 Forestar Group Inc. announced that they will report Q4, 2022 results After-Market on Nov 09, 2022 Board Change • Sep 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Lisa Jamieson was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 21
Third quarter 2022 earnings released: EPS: US$0.80 (vs US$0.32 in 3Q 2021) Third quarter 2022 results: EPS: US$0.80 (up from US$0.32 in 3Q 2021). Revenue: US$308.5m (down 1.4% from 3Q 2021). Net income: US$39.7m (up 151% from 3Q 2021). Profit margin: 13% (up from 5.0% in 3Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is expected to shrink by 1.7% compared to a 44% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Annuncio • Jul 20
Forestar Group Inc. Revises Financial Guidance for the Year 2022 Forestar Group Inc. revised financial guidance for the year 2022. The company expects to deliver approximately 17,000 lots generating approximately $1.425 billion of revenue in fiscal 2022, compared to its prior guidance of between 19,500 and 20,000 lots generating approximately $1.7 billion of revenue. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €12.80, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 8x in the Real Estate industry in Germany. Total loss to shareholders of 21% over the past three years. Annuncio • Jun 15
Forestar Group Inc. to Report Q3, 2022 Results on Jul 19, 2022 Forestar Group Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Jul 19, 2022 Reported Earnings • Apr 27
Second quarter 2022 earnings released: EPS: US$0.96 (vs US$0.59 in 2Q 2021) Second quarter 2022 results: EPS: US$0.96 (up from US$0.59 in 2Q 2021). Revenue: US$421.6m (up 47% from 2Q 2021). Net income: US$47.8m (up 68% from 2Q 2021). Profit margin: 11% (up from 9.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20% compared to a 33% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 23
Second quarter 2022 earnings released: EPS: US$0.96 (vs US$0.59 in 2Q 2021) Second quarter 2022 results: EPS: US$0.96 (up from US$0.59 in 2Q 2021). Revenue: US$421.6m (up 47% from 2Q 2021). Net income: US$47.8m (up 68% from 2Q 2021). Profit margin: 11% (up from 9.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 21% compared to a 33% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • Apr 22
Forestar Group Inc. Revises Earnings Guidance for the Year 2022 Forestar Group Inc. revised earnings guidance for the year 2022. The company still expect to deliver between 19,500 and 20,000 lots generating approximately $1.7 billion of revenue in fiscal 2022. Reported Earnings • Jan 29
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: EPS: US$0.81 (up from US$0.46 in 1Q 2021). Revenue: US$407.6m (up 33% from 1Q 2021). Net income: US$40.5m (up 84% from 1Q 2021). Profit margin: 9.9% (up from 7.2% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 23% compared to a 23% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 29
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: EPS: US$0.81 (up from US$0.46 in 1Q 2021). Revenue: US$407.6m (up 33% from 1Q 2021). Net income: US$40.5m (up 84% from 1Q 2021). Profit margin: 9.9% (up from 7.2% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 23% compared to a 23% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annuncio • Jan 29
Forestar Group Inc. Revises Earnings Guidance for the Year 2022 Forestar Group Inc. revised earnings guidance for the year 2022. For the year, the company expects revenue to approximately $1.7 billion compared to prior guidance of $1.65 billion. Reported Earnings • Nov 06
Full year 2021 earnings released: EPS US$2.25 (vs US$1.27 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$1.33b (up 42% from FY 2020). Net income: US$110.2m (up 81% from FY 2020). Profit margin: 8.3% (up from 6.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year. Reported Earnings • Jul 21
Third quarter 2021 earnings released: EPS US$0.32 (vs US$0.21 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$312.9m (up 76% from 3Q 2020). Net income: US$15.8m (up 56% from 3Q 2020). Profit margin: 5.0% (down from 5.7% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jul 01
Key Executive recently bought €62k worth of stock On the 28th of June, James Allen bought around 4k shares on-market at roughly €17.31 per share. This was the largest purchase by an insider in the last 3 months. This was James' only on-market trade for the last 12 months. Reported Earnings • Apr 24
Second quarter 2021 earnings released: EPS US$0.59 (vs US$0.20 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$287.1m (up 81% from 2Q 2020). Net income: US$28.4m (up 196% from 2Q 2020). Profit margin: 9.9% (up from 6.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 10
Forestar Group Inc. to Report Q2, 2021 Results on Apr 20, 2021 Forestar Group Inc. announced that they will report Q2, 2021 results After-Market on Apr 20, 2021 Is New 90 Day High Low • Feb 10
New 90-day high: €19.00 The company is up 18% from its price of €16.10 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is flat over the same period. Reported Earnings • Jan 29
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$307.1m (up 24% from 1Q 2020). Net income: US$22.0m (up 30% from 1Q 2020). Profit margin: 7.2% (up from 6.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Jan 29
Revenue beats expectations Revenue exceeded analyst estimates by 17%. Over the next year, revenue is forecast to grow 26% compared to a 32% decline forecast for the Real Estate industry in Germany. Reported Earnings • Jan 22
First quarter 2021 earnings released: EPS US$0.46 The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$307.1m (up 24% from 1Q 2020). Net income: US$22.0m (up 30% from 1Q 2020). Profit margin: 7.2% (up from 6.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Jan 22
Revenue beats expectations Revenue exceeded analyst estimates by 17%. Over the next year, revenue is forecast to grow 19% compared to a 32% decline forecast for the Real Estate industry in Germany. Is New 90 Day High Low • Jan 21
New 90-day high: €18.10 The company is up 24% from its price of €14.60 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: €17.40 The company is up 14% from its price of €15.20 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Annuncio • Dec 23
Forestar Group Inc. to Report Q1, 2021 Results on Jan 21, 2021 Forestar Group Inc. announced that they will report Q1, 2021 results After-Market on Jan 21, 2021 Annuncio • Dec 11
Forestar Group Inc., Annual General Meeting, Jan 19, 2021 Forestar Group Inc., Annual General Meeting, Jan 19, 2021, at 09:00 Central Standard Time. Location: 2401 E. Lamar Blvd. Agenda: To elect the five nominees named in the attached Proxy Statement as directors to serve on Board of Directors. These five directors will serve as directors until their terms expire or, if later, until replacement directors are elected who meet all necessary qualifications; to seek an advisory vote on the approval of executive compensation; to ratify the Audit Committee's appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year 2021; and to transact any other business that is properly raised for discussion at the 2021 Annual Meeting or any later meeting if the 2021 Annual Meeting is adjourned or postponed. Reported Earnings • Nov 20
Full year 2020 earnings released: EPS US$1.27 The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: US$931.8m (up 118% from FY 2019). Net income: US$60.8m (up 84% from FY 2019). Profit margin: 6.5% (down from 7.7% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Nov 20
Revenue beats expectations Revenue exceeded analyst estimates by 19%. Over the next year, revenue is forecast to grow 21% compared to a 32% decline forecast for the Real Estate industry in Germany. Is New 90 Day High Low • Nov 19
New 90-day high: €16.20 The company is up 9.0% from its price of €14.90 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Analyst Estimate Surprise Post Earnings • Nov 08
Revenue beats expectations Revenue exceeded analyst estimates by 19%. Over the next year, revenue is forecast to grow 20% compared to a 34% decline forecast for the Real Estate industry in Germany. Reported Earnings • Nov 08
Full year 2020 earnings released: EPS US$1.27 The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: US$931.8m (up 118% from FY 2019). Net income: US$60.8m (up 84% from FY 2019). Profit margin: 6.5% (down from 7.7% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 30
New 90-day low: €14.30 The company is down 3.0% from its price of €14.80 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Is New 90 Day High Low • Oct 13
New 90-day high: €16.10 The company is up 24% from its price of €13.00 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Annuncio • Oct 07
Forestar Group Inc. to Report Fiscal Year 2020 Results on Nov 05, 2020 Forestar Group Inc. announced that they will report fiscal year 2020 results on Nov 05, 2020 Is New 90 Day High Low • Sep 18
New 90-day high: €15.80 The company is up 12% from its price of €14.10 on 19 June 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Annuncio • Jul 01
Forestar Group Inc. to Report Q3, 2020 Results on Jul 23, 2020 Forestar Group Inc. announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Jul 23, 2020