Forestar Group Inc. operates as a residential lot development company in the United States.
Forestar Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$19.01|
|52 Week High||US$16.45|
|52 Week Low||US$26.55|
|1 Month Change||-11.04%|
|3 Month Change||-8.56%|
|1 Year Change||5.96%|
|3 Year Change||-10.33%|
|5 Year Change||62.34%|
|Change since IPO||-17.35%|
Recent News & Updates
|FOR||US Real Estate||US Market|
Return vs Industry: FOR exceeded the US Real Estate industry which returned -5.1% over the past year.
Return vs Market: FOR underperformed the US Market which returned 35.3% over the past year.
Stable Share Price: FOR is not significantly more volatile than the rest 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.
About the Company
Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. The company sells its residential single-family finished lots to homebuilders.
Forestar Group Fundamentals Summary
|FOR fundamental statistics|
Is FOR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FOR income statement (TTM)|
|Cost of Revenue||US$1.06b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.83|
|Net Profit Margin||7.21%|
How did FOR perform over the long term?See historical performance and comparison
Is Forestar Group undervalued compared to its fair value and its price relative to the market?
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 (10.4x) compared to the US Real Estate industry average (26.3x).
PE vs Market: FOR is good value based on its PE Ratio (10.4x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: FOR is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: FOR is good value based on its PB Ratio (1x) compared to the US Real Estate industry average (1.5x).
How is Forestar Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FOR's forecast earnings growth (31.8% per year) is above the savings rate (2%).
Earnings vs Market: FOR's earnings (31.8% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FOR's revenue (19.6% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: FOR's revenue (19.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FOR's Return on Equity is forecast to be low in 3 years time (12%).
How has Forestar Group performed over the past 5 years?
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 (7.2%) are higher than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: FOR has become profitable over the past 5 years, growing earnings by 12.6% per year.
Accelerating Growth: FOR's earnings growth over the past year (83.9%) exceeds its 5-year average (12.6% per year).
Earnings vs Industry: FOR earnings growth over the past year (83.9%) exceeded the Real Estate industry 61.9%.
Return on Equity
High ROE: FOR's Return on Equity (9.4%) is considered low.
How is Forestar Group's financial position?
Financial Position Analysis
Short Term Liabilities: FOR's short term assets ($140.6M) do not cover its short term liabilities ($163.2M).
Long Term Liabilities: FOR's short term assets ($140.6M) do not cover its long term liabilities ($881.4M).
Debt to Equity History and Analysis
Debt Level: FOR's debt to equity ratio (72.6%) is considered high.
Reducing Debt: FOR's debt to equity ratio has increased from 22.5% to 72.6% over the past 5 years.
Debt Coverage: FOR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FOR earns more interest than it pays, so coverage of interest payments is not a concern.
What is Forestar Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FOR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FOR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FOR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FOR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FOR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan Bartok (65 yo)
Mr. Daniel C. Bartok, also known as Dan, has been Chief Executive Officer of Forestar Group Inc since December 29, 2017. Mr. Bartok joins Forestar Group Inc with more than 35 years of experience in real es...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD1.59M) is below average for companies of similar size in the US market ($USD2.30M).
Compensation vs Earnings: Dan's compensation has increased by more than 20% in the past year.
Experienced Management: FOR's management team is considered experienced (3.9 years average tenure).
Experienced Board: FOR's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FOR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.1%.
Forestar Group Inc.'s employee growth, exchange listings and data sources
- Name: Forestar Group Inc.
- Ticker: FOR
- Exchange: NYSE
- Founded: NaN
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: US$941.510m
- Shares outstanding: 49.53m
- Website: https://www.forestar.com
Number of Employees
- Forestar Group Inc.
- 2221 East Lamar Boulevard
- Suite 790
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/26 22:09|
|End of Day Share Price||2021/09/24 00:00|
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.