Forestar Group Inc. Stock News

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that it will release financial results for its fourth quarter and fiscal year ended September 30, 2024 on October 29, 2024.

Forestar Group Inc. (NYSE:FOR ) Q3 2024 Earnings Conference Call July 18, 2024 5:00 PM ET Company Participants Katie Smith - Director of Finance and IR Andy Oxley - President and CEO Jim Allen - CFO Mark Walker - COO Conference Call Participants Carl Reichardt - BTIG Anthony Pettinari - Citi Operator Good afternoon and welcome to Forestar's Third Quarter 2024 Earnings Conference Call. At this t...

Forestar missed top- and bottom-line estimates in the quarter. The company is building its inventory of lots ahead of an eventual recovery in the homebuilding market.

Forestar Group Inc. targets double digit returns through land acquisition with significant cash and expertise, supported by financing from D.R. Horton. Given the previous unlevered FCF growth, management outlook, planned land acquisition in 2024, and my previous assumptions, I expect FCF close to $192 million in 2025. FOR recently reported constrained lot supply in the United States, which, in ...

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that it will release financial results for its third quarter ended June 30, 2024 on Thursday, July 18, 2024.

Forestar is poised to benefit from the low inventory of available homes. Forestar's financial strength can be leveraged to acquire new land and grow market share. The low valuation leaves room for multiple expansions after the recent dip in the stock price.

Stocks specializing in real estate, such as real estate investment trusts (REITs), are a great option for investors seeking exposure to the real estate market without buying properties for a significant upfront cost. REITs are solid investment options because they typically offer very high dividends to investors.

The real estate lot developer took the wraps off its latest set of quarterly results. It trounced the average prognosticator forecast for net income and beat handily on the top line.