YOLFTbeta
Forestar Group Inc

Forestar Group Inc

FOR · NYSE · Real Estate / Real Estate - Development

22.30USD+0.06 (+0.27%)

Price History

Full chart

Market Stats

Previous Close22.24
Open22.33
Day Range22.10 – 22.78
52-Week Range22.81 – 32.06
Volume221.80K
Market Cap1.35B
P/E (TTM)7.96
Forward P/E49.02
EPS3.33
Dividend Yield0.00%
Beta1.41
50-Day Avg28.22
200-Day Avg27.43

About

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.

Company Details

  • SectorReal Estate
  • IndustryReal Estate - Development
  • CEOMr. Anthony W. Oxley
  • Employees402
  • Headquarters2221 East Lamar Boulevard, Arlington, TX, United States, 76006, USA
  • Websitehttps://www.forestar.com

Leadership

  • Mr. Donald J. TomnitzExecutive Chairman of the Board · b. 1948
  • Mr. Anthony W. OxleyPresident, CEO & Director · b. 1965
  • Mr. James D. Allen CPAExecutive VP, CFO & Treasurer · b. 1960
  • Mr. Mark Stephen WalkerExecutive VP & COO · b. 1976
  • Mr. Chris HibbettsVice President of Finance & Investor Relations · b. 1981
  • Mr. Daniel C. BartokConsultant · b. 1957
  • Ms. Ashley DagleySenior VP of Governance, Risk & Securities and Corporate Secretary

Financials

Income Statement

Currency: USD2003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue119.89M169.30M155.49M225.56M177.99M159.72M146.25M101.36M135.57M172.59M331.05M306.77M262.42M197.31M114.32M104.40M428.30M931.80M1.33B1.52B1.44B1.51B1.66B
Growth (%)-+41.21%-8.16%+45.07%-21.09%-10.26%-8.43%-30.69%+33.75%+27.30%+91.81%-7.33%-14.46%-24.81%-42.06%-8.68%+310.26%+117.56%+42.28%+14.58%-5.41%+5.05%+10.14%
Cost of Revenue--57.40M90.63M58.05M58.49M50.63M48.96M66.97M83.88M200.89M225.14M341.37M168.93M109.78M65.55M362.70M813.70M1.10B1.20B1.13B1.15B1.30B
Gross Profit119.89M169.30M98.08M134.93M119.94M101.23M95.63M52.40M68.61M88.72M130.15M81.63M-78.95M28.38M4.54M38.85M65.60M118.10M229.20M324.00M304.10M359.30M363.50M
Gross Margin100.00%100.00%63.08%59.82%67.39%63.38%65.38%51.69%50.61%51.40%39.32%26.61%-30.09%14.38%3.97%37.21%15.32%12.67%17.29%21.33%21.16%23.80%21.87%
Operating Expense0052.50M63.11M70.67M65.43M-29.44M33.51M10.49M61.55M83.57M42.88M85.73M-111.97M-35.22M21.05M28.90M45.70M68.40M93.60M99.30M118.50M154.40M
Operating Income119.89M169.30M45.59M71.82M49.27M35.81M125.06M18.89M58.12M27.16M46.58M38.76M-164.68M140.35M39.77M17.80M36.70M72.40M160.80M230.40M204.80M240.80M209.10M
Operating Margin100.00%100.00%29.32%31.84%27.68%22.42%85.51%18.63%42.87%15.74%14.07%12.63%-62.76%71.13%34.78%17.05%8.57%7.77%12.13%15.17%14.25%15.95%12.58%
EBITDA119.34M168.77M47.84M74.18M52.18M25.20M10.34M-17.15M656.00K11.52M92.25M59.71M88.04M123.78M16.20M49.60M43.40M77.30M149.30M238.50M207.80M273.10M222.80M
EBITDA Margin99.54%99.68%30.76%32.89%29.32%15.77%7.07%-16.92%0.48%6.67%27.87%19.46%33.55%62.73%14.17%47.51%10.13%8.30%11.26%15.70%14.46%18.09%13.40%
Net Income15.25M28.44M34.90M51.84M24.80M11.97M59.11M5.13M7.15M12.94M29.32M16.58M-213.05M58.65M50.25M59.55M33.00M60.80M110.20M178.80M166.90M203.40M167.90M
Net Income Margin12.72%16.80%22.44%22.98%13.93%7.50%40.41%5.06%5.28%7.50%8.86%5.41%-81.19%29.72%43.96%57.04%7.70%6.53%8.31%11.77%11.62%13.48%10.10%
R&D--------00000.040.4700.570.110.080.110.160.15--
R&D as % of Total Revenue--------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense00009.23M21.28M20.46M16.45M17.01M19.36M20.00M30.29M34.07M19.98M8.53M05.50M4.90M1.20M1.00M---
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%5.19%13.33%13.99%16.23%12.55%11.22%6.04%9.87%12.98%10.13%7.46%0.00%1.28%0.53%0.09%0.07%---

Balance Sheet

Currency: USD2003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets533.10M517.70M543.94M620.17M748.73M815.02M784.73M789.32M794.86M918.43M1.17B1.26B980.51M733.21M761.91M893.10M1.46B1.74B2.10B2.34B2.47B2.84B3.14B
Total Liabilities178.94M149.04M162.65M194.38M306.90M368.59M266.40M275.05M283.64M384.89M456.75M548.46M476.40M171.09M156.28M41.94M646.80M868.10M1.09B1.14B1.10B1.25B1.37B
Total Equity354.15M368.66M381.29M425.80M433.20M446.44M512.46M509.56M509.53M529.49M709.85M709.74M504.12M562.12M605.63M893.15M808.90M871.80M1.02B1.20B1.37B1.59B1.77B
Cash--12.94M10.35M7.52M7.25M21.05M5.37M18.28M10.36M192.31M170.13M96.44M265.80M321.78M334.98M382.80M394.30M153.60M264.80M616.00M481.20M379.20M
Total Debt143.34M111.00M121.95M50.61M266.01M337.40M216.63M221.59M221.59M294.06M357.41M438.71M394.57M130.68M127.01M9.17M525.50M714.90M759.90M741.10M830.50M716.60M817.10M
Net Debt143.34M111.00M121.95M40.26M258.50M329.27M195.57M216.22M203.30M283.70M165.10M262.62M293.34M-155.44M-213.35M-325.81M77.70M246.80M550.90M441.20M79.00M235.40M437.90M

Cash Flow

Currency: USD2005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow21.09M-29.07M-66.28M-51.89M142.12M13.55M34.99M-26.02M88.78M107.08M35.13M66.88M-16.21M-285.28M-391.20M-168.40M-303.10M108.70M364.10M-158.40M-197.70M
Investing Cash Flow-5.53M7.41M-10.83M-16.67M-6.37M-26.60M-4.89M-105.12M-103.93M-129.73M-60.33M420.74M134.54M258.97M-800.00K5.00M1.00M1.30M300.00K7.30M3.20M
Financing Cash Flow-16.83M19.07M74.28M69.16M-122.82M-2.64M-17.18M123.22M197.10M469.00K-48.48M-318.26M-62.34M22.11M439.80M174.90M61.40M1.20M-13.20M16.30M92.50M
Capital Expenditure1.62M3.99M3.20M5.20M7.29M2.70M6.35M24.15M107.90M118.64M64.41M6.72M2.45M48.00K900.00K600.00K1.60M3.50M1.30M2.20M2.20M
Free Cash Flow19.48M-29.07M-69.48M-57.09M134.82M10.85M28.64M-50.17M-19.12M-11.56M-29.28M60.16M-18.67M-285.33M-392.10M-169.00M-304.70M105.20M362.80M-160.60M-199.90M
Dividends Paid--27.70M---0000000---458.00M----
FCF to OCF92.34%100.00%104.82%110.02%94.87%80.06%81.86%192.81%-21.54%-10.80%-83.36%89.96%115.12%100.02%100.23%100.36%100.53%96.78%99.64%101.39%101.11%
Dividend Paid to FCF---39.87%---0.00%0.00%0.00%0.00%0.00%0.00%0.00%----150.31%----

Earnings

Report DateFeb 6, 2008May 7, 2008Aug 6, 2008Nov 5, 2008Feb 4, 2009May 6, 2009Aug 5, 2009Nov 4, 2009Feb 3, 2010May 6, 2010Aug 3, 2010Nov 2, 2010Feb 1, 2011May 4, 2011Aug 3, 2011Nov 2, 2011Feb 22, 2012May 10, 2012Aug 8, 2012Nov 7, 2012Feb 13, 2013May 8, 2013Aug 7, 2013Nov 6, 2013Feb 13, 2014May 6, 2014Aug 6, 2014Nov 5, 2014Mar 5, 2015May 6, 2015Aug 5, 2015Nov 4, 2015Mar 2, 2016May 10, 2016Jul 29, 2016Nov 8, 2016Mar 1, 2017May 9, 2017Aug 8, 2017Nov 2, 2017Feb 28, 2018May 9, 2018Aug 8, 2018Nov 16, 2018Jan 29, 2019Apr 24, 2019Jul 25, 2019Nov 7, 2019Jan 23, 2020Apr 23, 2020Jul 23, 2020Nov 5, 2020Jan 21, 2021Apr 20, 2021Jul 20, 2021Nov 4, 2021Jan 27, 2022Apr 21, 2022Jul 19, 2022Nov 9, 2022Jan 24, 2023Apr 20, 2023Jul 20, 2023Nov 7, 2023Jan 23, 2024Apr 18, 2024Jul 18, 2024Oct 29, 2024Jan 21, 2025Apr 17, 2025Jul 22, 2025Oct 28, 2025Jan 20, 2026Apr 21, 2026Jul 21, 2026Oct 29, 2026
EPS Estimate---0.01-0.05-0.08-0.080.01--0.04-0.01--0.050.120.03-0.04-0.080.11-0.030.150.130.020.050.190.250.140.120.05-0.03-0.01-0.090.350.031.800.070.120.100.160.13-----0.040.090.080.110.130.15-0.030.230.380.430.390.740.690.770.810.480.610.340.560.980.500.720.881.310.700.730.711.260.300.630.821.25
EPS Actual0.00-0.010.270.020.05-0.110.040.09-0.14-0.08-0.09-0.030.07-0.07-0.06-0.100.170.080.070.120.290.110.020.160.330.190.340.120.32-0.190.06-0.310.45-0.130.650.400.270.07-0.09-0.04-0.590.110.221.360.070.240.160.300.350.200.210.500.460.590.590.960.811.030.801.020.420.540.931.440.760.890.761.600.320.640.651.700.300.630.70-
Surprise---100.00%200.00%-37.50%150.00%800.00%--100.00%-800.00%-240.00%-158.33%-300.00%-150.00%312.50%-27.27%333.33%-20.00%123.08%450.00%-60.00%-15.79%32.00%35.71%183.33%140.00%1166.67%-500.00%-244.44%28.57%-533.33%-63.89%471.43%125.00%-30.00%-156.25%-130.77%----275.00%166.67%100.00%172.73%169.23%33.33%800.00%117.39%21.05%37.21%51.28%29.73%17.39%33.77%-1.23%112.50%-31.15%58.82%66.07%46.94%52.00%23.61%-13.64%22.14%-54.29%-12.33%-8.45%34.92%0.00%0.00%-14.63%-
Timing---Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap1.35B
Enterprise Value1.78B
Trailing P/E7.96
Forward P/E49.02
PEG Ratio4.90
Price / Sales0.78
Price / Book0.73
EPS3.33
Book Value36.40
Revenue (TTM)1.72B
Gross Profit (TTM)368.90M
EBITDA216.90M
Profit Margin9.88%
Operating Margin11.25%
Return on Equity9.64%
Return on Assets4.21%
Shares Outstanding51.01M
Shares Float19.27M
Beta1.41
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 4 analystsTarget 34.00
  • Strong Buy
    3
  • Hold
    1

Ownership Breakdown

Institutions
38.38%
Insiders
62.22%
Retail / Other
0.00%

Top Institutional Holders

  • Dimensional Fund Advisors, Inc.
    2.86M5.61%
  • Vanguard Portfolio Management, LLC
    1.81M3.55%
  • BlackRock Inc
    1.64M3.21%
  • American Century Companies Inc
    946.90K1.86%
  • Vanguard Capital Management, LLC
    880.45K1.73%
  • The Goldman Sachs Group Inc
    562.73K1.10%
  • Geode Capital Management, LLC
    516.84K1.01%
  • Royal Bank of Canada
    512.43K1.00%
  • Ameriprise Financial Inc
    504.35K0.99%
  • Heartland Advisors Inc
    474.81K0.93%
  • State Street Corp
    451.12K0.88%
  • Swedbank AB
    450.00K0.88%

Top Fund Holders

  • Avantis US Small Cap Value ETF
    906.87K1.78%
  • Vanguard Real Estate Index Investor
    719.05K1.41%
  • DFA US Small Cap Value I
    675.66K1.32%
  • Vanguard MStar Total Stk Mkt Idx Invest
    642.44K1.26%
  • iShares Russell 2000 ETF
    513.09K1.01%
  • Vanguard Small Cap Index
    469.23K0.92%
  • Heartland Value Investor
    450.00K0.88%
  • Swedbank Robur Small Cap USA A
    430.00K0.84%