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FORForestar Group Inc.
$26.74$1.4B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
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Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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FOR logo

Forestar Group Inc.

FOR
NYSE · Real Estate Development
$26.74
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$1.36B
P/E8.1x
52W High$32.06
Volume209.19K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Decelerating Growth and Margin Pressures Amid Volatile Cash Flows

Forestar Group Inc. faces a decelerating growth trajectory, with revenue growth slowing to 4.2% in 2026Q3 from 21.6% a year prior, while NOI margin compression to 20.7% signals rising cost pressures that may outpace pricing power in its D.R. Horton-dependent m...

GrowthDecelerating
ProfitabilityStrained
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

FOR price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

-48% Peers

P/E is 48% below peer median

03

Market leadership

RS 41 · Lag

Laggard (Underperforming 59% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Oct 21

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
FOR+9.95%
S&P 500 (^GSPC)+12.39%
1-Year Return
FOR+4.21%
S&P 500 (^GSPC)+15.77%
3-Year Return
FOR+0.53%
S&P 500 (^GSPC)+74.86%
5-Year Return
FOR+39.78%
S&P 500 (^GSPC)+70.37%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
8.1x
Forward P/E
9.3x
EV/EBITDA80th %ile
8.5x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
8.1x
8.1x
80th· High
EV/EBITDA
8.5x
7.7x
80th· High
Price/FCF
N/A
5.3x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$115.18+330.7%
Base (Fair)$153.89+491.4%
Bull$195.19+630.0%
$115.18 Bear$153.89 Base$195.19 Bull
Current Market Price: $26.74
Trades at a 82.6% discount to Base DCF ($153.89)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$1.66B+10.1% YoY
Net income
$168M-17.5% YoY
Free cash flow
-$200M-24.5% YoY
Operating margin
12.6%-3.4 pts YoY
ROIC (TTM)7.8%
Avg ROIC 5Y-
ROE (TTM)10%
Piotroski Score1 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 21, 2026
$0.70-13.6%
vs $0.81
$407M-7.0%
vs $438M
Q2 2026
Apr 21, 2026
$0.63-12.5%
vs $0.72
$374M+0.2%
vs $374M
Q1 2026
Jan 20, 2026
$0.30+42.9%
vs $0.21
$273M+2.8%
vs $266M
Q4 2025
Oct 28, 2025
$1.70+34.9%
vs $1.26
$671M+20.5%
vs $557M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·Sep 10, 2026
Forestar Group Inc. to Release 2026 Fourth Quarter and Fiscal Year-End Earnings on October 29, 2026

ARLINGTON, Texas--(BUSINESS WIRE)--As previously announced, Forestar Group Inc. (NYSE: FOR) will release financial results for its fourth quarter and fiscal year ended September 30, 2026 on Thursday, October 29, 2026 before the market opens. The Company will host a conference call that morning at 11:00 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 216280. Participants are encouraged to call in five minutes before the call begins (10:55 a.m.

Defense World·Sep 4, 2026
227,944 Shares in Forestar Group Inc $FOR Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp bought a new position in Forestar Group Inc (NYSE: FOR) during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 227,944 shares of the oil and gas exploration company's stock, valued at approximately $7,214,000. Bank

Seeking Alpha·Jul 21, 2026
Forestar Group Inc. (FOR) Q3 2026 Earnings Call Transcript

Forestar Group Inc. (FOR) Q3 2026 Earnings Call Transcript

MarketBeat·Jul 21, 2026
Forestar Group Q3 Earnings Call Highlights

Forestar Group NYSE: FOR reported higher fiscal third-quarter revenue and profit, while management said affordability pressures and cautious consumer sentiment continue to weigh on new home sales activity.

Filtered for Forestar Group Inc.More Headlines
04

Compare before deciding

Benchmark FOR against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Forestar Group Inc. (FOR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FOR logoFORForestar Group Inc.Current
$26.74$1.36B8.1310.14%10.1%9.98%—
LGIH logoLGIHLGI Homes, Inc.
$48.60$1.13B15.58-22.57%3.88%3.15%—
GRBK logoGRBKGreen Brick Partners, Inc.
$67.21$2.89B9.51-2.81%14.92%14.89%—
TMHC logoTMHCTaylor Morrison Home Corporation
$72.45$7.07B9.32-0.57%8.83%10.84%—
SKY logoSKYChampion Homes, Inc.
$85.46$4.69B23.417.26%7.16%12.11%—
DHI logoDHID.R. Horton, Inc.
$140.17$39.21B12.12-6.93%9.15%12.47%—

Compare FOR vs Peers

Forestar Group Inc. (FOR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs LGIH

Most directly comparable listed peer for FOR.

Scale Benchmark

vs DHI

Larger-name benchmark to compare FOR against a more recognizable public peer.

Peer Set

Compare Top 5

vs LGIH, GRBK, TMHC, SKY

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

FOR SEC Filings & Documents

Forestar Group Inc. (FOR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 21, 2026·SEC

Material company update

Apr 21, 2026·SEC

Material company update

Jan 20, 2026·SEC

10-K Annual Reports

2
FY 2025

Nov 19, 2025·SEC

FY 2024

Nov 19, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 22, 2026·SEC

FY 2026

Apr 23, 2026·SEC

FY 2026

Jan 22, 2026·SEC

Get notified when FOR posts new earnings or crosses analyst targets

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FOR Frequently Asked Questions

Forestar Group Inc. (FOR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Forestar Group Inc.'s revenue?

Forestar Group Inc. (FOR) reported $1.72B in revenue for fiscal year 2025. This represents a 1009% increase from $155.5M in 2005.

How fast is Forestar Group Inc. growing?

Forestar Group Inc. (FOR) grew revenue by 10.1% over the past year. This is steady growth.

Is FOR profitable?

Yes, Forestar Group Inc. (FOR) is profitable, generating $170.4M in net income for fiscal year 2025 (10.1% net margin).

Dividend & Returns
What is FOR's return on equity?

Forestar Group Inc. (FOR) has a return on equity (ROE) of 10.0%. This is below average, suggesting room for improvement.

Industry Metrics
What is Forestar Group Inc.'s FFO?

Forestar Group Inc. (FOR) generated Funds From Operations (FFO) of $173.6M in the trailing twelve months. FFO is the primary profitability metric for REITs.

What if you invested $1,000 in FOR back in 2005?

Total return calculator · dividends reinvested · 21+ years of data

See returns →