NYSE:FORReal Estate
How Forestar’s Rising Spotlight As a Housing Land Pure Play At Forestar Group (FOR) Has Changed Its Investment Story
In recent days, Forestar Group, the D.R. Horton–controlled residential land developer, has drawn increased investor attention as a pure-play way to access U.S. housing-related land assets, even as its lot sales have fallen an average 26.8% over the past two years and cash burn has raised sustainability questions.
This renewed focus highlights a tension between Forestar’s appeal as a “boring but powerful” housing-cycle exposure and investor concerns over weaker demand, stagnant returns on...