Forestar Group (FOR) Expected to Post Quarterly Earnings on Tuesday

Forestar Group (NYSE:FORGet Free Report) is expected to be issuing its Q3 2026 results before the market opens on Tuesday, July 21st. Analysts expect Forestar Group to post earnings of $0.85 per share and revenue of $437.7330 million for the quarter. Parties may visit the the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Tuesday, July 21, 2026 at 11:00 AM ET.

Forestar Group (NYSE:FORGet Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The oil and gas exploration company reported $0.63 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.09). Forestar Group had a net margin of 9.80% and a return on equity of 9.49%. The company had revenue of $374.30 million during the quarter, compared to analysts’ expectations of $372.56 million. During the same period in the prior year, the business posted $0.62 earnings per share. The company’s quarterly revenue was up 6.6% compared to the same quarter last year.

Forestar Group Trading Down 3.6%

FOR stock opened at $29.81 on Friday. Forestar Group has a 12-month low of $21.65 and a 12-month high of $32.06. The business’s 50-day moving average is $28.70 and its 200 day moving average is $27.39. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.44. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 9.09 and a beta of 1.39.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Ameriprise Financial Inc. increased its stake in shares of Forestar Group by 232.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 529,863 shares of the oil and gas exploration company’s stock worth $10,597,000 after acquiring an additional 370,685 shares during the last quarter. Millennium Management LLC boosted its position in shares of Forestar Group by 50.8% during the 1st quarter. Millennium Management LLC now owns 489,230 shares of the oil and gas exploration company’s stock valued at $10,342,000 after acquiring an additional 164,753 shares during the last quarter. Alliancebernstein L.P. grew its holdings in shares of Forestar Group by 235.3% in the third quarter. Alliancebernstein L.P. now owns 159,053 shares of the oil and gas exploration company’s stock valued at $4,229,000 after purchasing an additional 111,620 shares during the period. Bank of America Corp DE grew its holdings in shares of Forestar Group by 165.2% in the third quarter. Bank of America Corp DE now owns 152,617 shares of the oil and gas exploration company’s stock valued at $4,058,000 after purchasing an additional 95,065 shares during the period. Finally, AQR Capital Management LLC increased its position in Forestar Group by 30.3% during the second quarter. AQR Capital Management LLC now owns 296,553 shares of the oil and gas exploration company’s stock worth $5,931,000 after purchasing an additional 68,994 shares during the last quarter. 35.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Weiss Ratings raised Forestar Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday. Zacks Research downgraded Forestar Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 30th. Finally, BTIG Research assumed coverage on shares of Forestar Group in a research note on Monday, March 30th. They set a “hold” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $32.67.

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About Forestar Group

(Get Free Report)

Forestar Group Inc, headquartered in Austin, Texas, is a residential lot development and management company focused on delivering finished home sites to homebuilders across the United States. The company acquires, entitles and develops land for single-family and multi-family housing, managing zoning, infrastructure and environmental approvals to prepare lots for construction. Forestar’s integrated approach to land development spans from initial site acquisition through final lot delivery, providing homebuilders with ready-to-build parcels in a variety of markets.

In addition to lot development, Forestar operates a retail homebuilding segment through joint ventures and strategic partnerships with national and regional homebuilders.

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Earnings History for Forestar Group (NYSE:FOR)

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