NYSE:FORReal Estate
Forestar Group Backlog Story Tested By Weak Sales And Cash Strain
Forestar Group (NYSE:FOR) is under pressure as persistently weak sales trends, negative free cash flow, and falling returns on capital raise concerns about recent investment decisions.
These financial and operational strains point to possible value destruction from new projects and capital deployment.
The situation is drawing fresh attention because it has not been widely discussed, despite potential implications for investor confidence and management credibility.
For a company with a...