Forestar Group Inc. Stock News

Forestar is poised to benefit from persistent residential housing shortage and a favorable interest rate environment, driving demand for residential lots and land sales. The company has shown impressive growth, with a 22% increase in net income for FY'24, driven by increased lot sales and strategic market expansion. The company's strong financial position, minimal leverage, and substantial liqu...

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that the Company will release financial results for its first quarter ended December 31, 2024 on Tuesday, January 21, 2025.

Forestar Group Inc. (NYSE:FOR ) Q4 2024 Earnings Conference Call October 29, 2024 11:00 AM 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 Asher Sohnen - Citigroup Trevor Allinson - Wolfe Research Alex Barron - Housing Research Center Operator Good morning, and we...

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. (“Forestar”) (NYSE: FOR), a leading national residential lot developer, today reported financial results for its fourth quarter and fiscal year ended September 30, 2024. Fiscal 2024 Fourth Quarter Highlights All comparisons are year-over-year Net income increased 13% to $81.6 million or $1.60 per diluted share Pre-tax income increa...

Forestar Group is well-positioned to benefit from persistent residential housing shortage and a favorable interest rate environment, driving demand for residential lots and land sales. The company aims to double its market share to 5% by leveraging its national footprint and strategic relationship with D.R. Horton, but also with other builders too. Forestar's disciplined focus on return on equi...

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.