Forestar Group
Market Cap
US$1.2b
Last Updated
2021/04/13 22:09 UTC
Data Sources
Company Financials +
Executive Summary
Forestar Group Inc. operates as a residential lot development company in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and fair value.
Similar Companies
Share Price & News
How has Forestar Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FOR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FOR's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
1.4%
FOR
-5.2%
US Real Estate
1.3%
US Market
1 Year Return
97.8%
FOR
93.3%
US Real Estate
53.9%
US Market
Return vs Industry: FOR exceeded the US Real Estate industry which returned 99.1% over the past year.
Return vs Market: FOR exceeded the US Market which returned 57.9% over the past year.
Shareholder returns
| FOR | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.4% | -5.2% | 1.3% |
| 30 Day | 7.0% | -7.3% | 2.8% |
| 90 Day | 14.0% | -1.6% | 6.6% |
| 1 Year | 97.8%97.8% | 97.6%93.3% | 56.6%53.9% |
| 3 Year | 10.7%10.7% | 26.6%18.5% | 62.7%52.3% |
| 5 Year | 85.4%85.4% | 56.8%36.6% | 120.5%95.9% |
Long-Term Price Volatility Vs. Market
How volatile is Forestar Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Forestar Group Inc.'s (NYSE:FOR) Recent Stock Performance Influenced By Its Fundamentals In Any Way?4 weeks ago | Simply Wall St
I Ran A Stock Scan For Earnings Growth And Forestar Group (NYSE:FOR) Passed With Ease1 month ago | Simply Wall St
The Forestar Group (NYSE:FOR) Share Price Has Gained 97% And Shareholders Are Hoping For MoreValuation
Is Forestar Group undervalued compared to its fair value and its price relative to the market?
18.16x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FOR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FOR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FOR is good value based on its PE Ratio (18.1x) compared to the US Real Estate industry average (31.6x).
PE vs Market: FOR is good value based on its PE Ratio (18.1x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: FOR is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: FOR's PB Ratio (1.3x) is in line with the US Real Estate industry average.
Future Growth
How is Forestar Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
28.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FOR's forecast earnings growth (28.8% per year) is above the savings rate (2%).
Earnings vs Market: FOR's earnings (28.8% per year) are forecast to grow faster than the US market (18.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FOR's revenue (19.3% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: FOR's revenue (19.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FOR's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Forestar Group performed over the past 5 years?
20.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FOR has a high level of non-cash earnings.
Growing Profit Margin: FOR's current net profit margins (6.6%) are lower than last year (7.3%).
Past Earnings Growth Analysis
Earnings Trend: FOR has become profitable over the past 5 years, growing earnings by 20.3% per year.
Accelerating Growth: FOR's earnings growth over the past year (41.4%) exceeds its 5-year average (20.3% per year).
Earnings vs Industry: FOR earnings growth over the past year (41.4%) exceeded the Real Estate industry -24.7%.
Return on Equity
High ROE: FOR's Return on Equity (7.5%) is considered low.
Financial Health
How is Forestar Group's financial position?
Financial Position Analysis
Short Term Liabilities: FOR's short term assets ($256.6M) exceed its short term liabilities ($104.3M).
Long Term Liabilities: FOR's short term assets ($256.6M) do not cover its long term liabilities ($810.8M).
Debt to Equity History and Analysis
Debt Level: FOR's debt to equity ratio (73.2%) is considered high.
Reducing Debt: FOR's debt to equity ratio has reduced from 75.7% to 73.2% over the past 5 years.
Debt Coverage: FOR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FOR earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Forestar Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FOR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FOR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FOR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FOR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FOR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.5yrs
Average management tenure
CEO
Dan Bartok (64 yo)
3.33yrs
Tenure
US$1,585,588
Compensation
Mr. Daniel C. Bartok, also known as Dan, has been Chief Executive Officer of Forestar Group Inc since December 29, 2017. Mr. Bartok joins Forestar Group Inc with more than 35 years of experience in real es...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD1.59M) is about average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Dan's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: FOR's management team is considered experienced (3.5 years average tenure).
Board Members
Experienced Board: FOR's board of directors are considered experienced (3.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Forestar Group Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Forestar Group Inc.
- Ticker: FOR
- Exchange: NYSE
- Founded: 1955
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: US$1.192b
- Shares outstanding: 48.08m
- Website: https://www.forestar.com
Number of Employees
Location
- Forestar Group Inc.
- 2221 East Lamar Boulevard
- Suite 790
- Arlington
- Texas
- 76006
- United States
Listings
Biography
Forestar Group Inc. operates as a residential lot development company in the United States. It engages in the acquisition, entitlement, and development of infrastructure for single-family residential commu...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/13 22:09 |
| End of Day Share Price | 2021/04/13 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/09/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.