Forestar builds the prepared lots that homebuilders need, and its close ties to one of the biggest builders could keep sales steady even when housing demand is shaky. But that same dependence on a single customer—plus softer home buying and the challenges of expanding into new regions—could quickly squeeze profits if conditions turn.Read more
Forestar’s business leans heavily on one major homebuilder, so a slowdown in new-home demand or a shift in that partner’s buying plans could hit results harder than many expect. At the same time, a large pipeline of future lot sales and a strong balance sheet could help it hold up better through the housing cycle than the bear case assumes.Read more
Forestar is betting that people moving into fast-growing parts of the country will keep pushing demand for new housing, helped by its close relationship with a major homebuilder. But that same dependence, along with rising land and building costs and shifting buyer preferences, could quickly turn those tailwinds into a slowdown.Read more
No trending discussion available.
Forestar Group Inc. operates as a residential lot development company in the United States. It acquires land and develops infrastructure for single-family residential communities. The company sells its residential single-family finished lots to local, regional, and national homebuilders. Forestar Group Inc. was incorporated in 2005 and is headquartered in Arlington, Texas. Forestar Group Inc. operates as a subsidiary of D.R. Horton, Inc.
