Should You Investigate Forestar Group Inc. (NYSE:FOR) At US$15.16?
Forestar Group Inc. ( NYSE:FOR ), is not the largest company out there, but it saw significant share price movement...
U.S. Real Estate Development Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies24
- 7D0.9%
- 3M-10.4%
- 1Y-23.3%
- YTD-16.8%
The Real Estate Development is pretty flat in the last 7 days, but Forestar Group has stood out, gaining 3.9%. Unfortunately though, the industry is down 23% over the past 12 months. Earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the U.S. Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 29 May 2022 | US$6.1b | US$5.3b | US$158.9m | 6.7x |
| Tue, 26 Apr 2022 | US$7.2b | US$5.3b | US$91.4m | 6.4x |
| Thu, 24 Mar 2022 | US$7.1b | US$5.2b | US$32.1m | 7.5x |
| Sat, 19 Feb 2022 | US$6.9b | US$4.5b | -US$11,325,638.00 | 8.5x |
| Mon, 17 Jan 2022 | US$7.3b | US$4.4b | -US$29,825,638.00 | 9.2x |
| Wed, 15 Dec 2021 | US$7.0b | US$4.4b | -US$25,621,585.00 | 8.8x |
| Fri, 12 Nov 2021 | US$7.2b | US$3.7b | -US$34,975,053.00 | 9.7x |
| Sun, 10 Oct 2021 | US$6.9b | US$3.6b | US$80.5m | 11.9x |
| Tue, 07 Sep 2021 | US$7.2b | US$3.6b | US$55.3m | 11.1x |
| Thu, 05 Aug 2021 | US$7.2b | US$3.6b | US$64.8m | 11.5x |
| Sun, 09 May 2021 | US$8.3b | US$3.4b | US$95.4m | 12.1x |
| Wed, 10 Feb 2021 | US$6.7b | US$3.2b | US$6.8m | 21.5x |
| Tue, 03 Nov 2020 | US$5.1b | US$3.8b | -US$1,405,601.00 | 6.9x |
| Fri, 07 Aug 2020 | US$4.7b | US$3.7b | -US$143,046,366.00 | 8.8x |
| Thu, 30 Apr 2020 | US$4.4b | US$4.2b | -US$58,640,181.00 | 9x |
| Sun, 02 Feb 2020 | US$7.1b | US$4.6b | US$161.7m | 7.9x |
| Wed, 06 Nov 2019 | US$6.8b | US$4.7b | US$229.3m | 16.5x |
| Sat, 10 Aug 2019 | US$7.7b | US$4.6b | US$279.4m | 7x |
Median PE Ratio
9.7x
Current Industry PE
- Investors are more pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 6.7x which is lower than its 3-year average PE of 11.1x.
Past Earnings Growth
- The earnings for companies in the Real Estate Development industry have declined 14% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Real Estate Development compare with similar industries?
| US Market | 5.92% | |
| Real Estate | 5.48% | |
| Real Estate | 3.92% | |
| Real Estate Development | 0.90% | |
| Diversified Real Estate | 5.51% | |
| Real Estate Services | 4.07% | |
| Real Estate Operating Companies | 3.52% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FOR Forestar Group | US$16.78 | 3.9% +US$31.3m | -27.1% | PB0.8x | |
| HHC Howard Hughes | US$84.84 | 0.6% +US$26.5m | -19.8% | PB1.2x | |
| STRS Stratus Properties | US$41.39 | 2.4% +US$8.1m | 52.3% | PB2.1x | |
| AEI Alset EHome International | US$0.38 | 19.9% +US$7.1m | -90.7% | PB0.3x | |
| AXR AMREP | US$12.53 | 2.6% +US$1.7m | -11.9% | PB0.7x |
