Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Forestar Group Inc. (FOR:NYSE), powered by AI.
Forestar Group Inc. is currently trading at $29.02. View real-time AI analysis on Alpha Lenz.
View the latest insider trading data for Forestar Group Inc. on Alpha Lenz.
Forestar Group Inc.'s P/E ratio is 8.8.
“Forestar Group Inc. trades at a P/E of 8.8 (undervalued) with solid ROE of 10.0%.”
Ask for details →Forestar Group Inc. is a real estate and land development company primarily focused on residential community development. Based in the United States, Forestar Group's operations encompass the acquisition and development of real estate properties, with a strategic emphasis on delivering finished residential lots to homebuilders. It operates in various high-growth markets, where demographic and economic trends support strong demand for new housing. The company's core activities include land acquisition, entitlement, and development, where it transforms raw land into developed, sellable lots. Forestar Group works closely with regional and national homebuilders, ensuring the provision of ready-to-build sites that facilitate the construction of new homes. This collaboration underscores its role as a critical intermediary in the housing supply chain, aligning with homebuilders' needs to efficiently deliver homes to the market. Forestar Group's market significance is highlighted by its integration with D.R. Horton, Inc., one of America’s leading homebuilding companies, providing Forestar with a strategic advantage in aligning land development with significant homebuilding operations. Through this alignment, Forestar contributes substantially to the housing industry's capacity to meet ongoing and future demand for residential properties.
“Forestar Group Inc. trades at a P/E of 8.8 (undervalued) with solid ROE of 10.0%.”
Ask for details →Forestar Group Inc. (ticker: FOR) is a company listed on NYSE in the Real Estate sector (Real Estate - Development). It has approximately 443 employees. Market cap is $1.5B.
The current price is $29.02 with a P/E ratio of 8.8x and P/B of 0.84x.
ROE is 9.99% and operating margin is 12.58%. Annual revenue is $1.7B.