Brokerages Set Forestar Group Inc (NYSE:FOR) PT at $31.75

Shares of Forestar Group Inc (NYSE:FOR) have received an average recommendation of “Hold” from the six research firms that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $32.6667.

Several research firms recently issued reports on FOR. Zacks Research downgraded shares of Forestar Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. Weiss Ratings restated a “hold (c)” rating on shares of Forestar Group in a research note on Thursday, January 22nd. BTIG Research initiated coverage on Forestar Group in a research note on Monday, March 30th. They set a “hold” rating on the stock. Wall Street Zen cut Forestar Group from a “buy” rating to a “hold” rating in a research note on Friday, January 23rd. Finally, Citigroup raised their price objective on Forestar Group from $36.00 to $38.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th.

Forestar Group Stock Performance

NYSE FOR opened at $27.26 on Thursday. The company has a fifty day simple moving average of $26.60 and a 200 day simple moving average of $26.10. Forestar Group has a 12-month low of $18.50 and a 12-month high of $30.74. The company has a current ratio of 1.36, a quick ratio of 0.71 and a debt-to-equity ratio of 0.44. The company has a market cap of $1.39 billion, a P/E ratio of 8.31 and a beta of 1.45.

Forestar Group (NYSE:FOR) last posted its quarterly earnings results on Tuesday, April 21st. The oil and gas exploration company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.09). Forestar Group had a net margin of 9.80% and a return on equity of 9.49%. The business had revenue of $374.30 million during the quarter, compared to analyst estimates of $372.57 million. During the same period in the previous year, the business posted $0.62 EPS. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. Sell-side analysts predict that Forestar Group will post 3.06 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Forestar Group

Large investors have recently bought and sold shares of the stock. Harel Insurance Investments & Financial Services Ltd. bought a new position in Forestar Group during the 3rd quarter valued at $2,003,000. Swedbank AB lifted its stake in Forestar Group by 400.0% during the 3rd quarter. Swedbank AB now owns 500,000 shares of the oil and gas exploration company’s stock valued at $13,295,000 after acquiring an additional 400,000 shares in the last quarter. Vanguard Group Inc. lifted its stake in Forestar Group by 4.1% during the 3rd quarter. Vanguard Group Inc. now owns 2,769,594 shares of the oil and gas exploration company’s stock valued at $73,644,000 after acquiring an additional 110,286 shares in the last quarter. Integrated Advisors Network LLC bought a new stake in shares of Forestar Group during the 3rd quarter worth $485,000. Finally, American Century Companies Inc. raised its stake in shares of Forestar Group by 5.5% during the 3rd quarter. American Century Companies Inc. now owns 702,223 shares of the oil and gas exploration company’s stock worth $18,672,000 after purchasing an additional 36,626 shares during the period. 35.50% of the stock is currently owned by institutional investors.

Forestar Group News Roundup

Here are the key news stories impacting Forestar Group this week:

• Positive Sentiment: Quarterly revenue beat and top‑line growth — Forestar reported quarterly revenue of about $374.3M, up ~6.6% year‑over‑year and slightly above consensus, signaling continued demand and execution on land sales. Read More.
• Positive Sentiment: Management emphasized stable margins and tight inventory discipline on the earnings call and slide deck, which reassures investors that profitability and lot/inventory risks are being managed despite softer lot sales. Read More.
• Neutral Sentiment: Homebuilding sector backdrop broadly supportive — industry reports show solid Q1 for builders as affordability trends help demand, a tailwind for Forestar’s customer base but not company‑specific proof of higher near‑term lot absorption. Read More.
• Neutral Sentiment: Analyst and peer analysis published (comparisons to LGI Homes and others) — useful context for valuation and strategy but no immediate headline change to Forestar’s fundamentals. Read More.
• Negative Sentiment: EPS missed consensus — reported EPS of $0.63 vs. the ~$0.72 consensus (miss of ~$0.09), which pressured near‑term sentiment despite the revenue beat. Read More.
• Negative Sentiment: Full‑year revenue guidance range slightly cautious — management set FY2026 revenue guidance roughly $1.6B–$1.7B, which sits at/just below consensus and may cap upside until execution is visible. (Management commentary and slide deck available.) Read More.

About Forestar Group

Forestar Group Inc, headquartered in Austin, Texas, is a residential lot development and management company focused on delivering finished home sites to homebuilders across the United States. The company acquires, entitles and develops land for single-family and multi-family housing, managing zoning, infrastructure and environmental approvals to prepare lots for construction. Forestar’s integrated approach to land development spans from initial site acquisition through final lot delivery, providing homebuilders with ready-to-build parcels in a variety of markets.

In addition to lot development, Forestar operates a retail homebuilding segment through joint ventures and strategic partnerships with national and regional homebuilders.