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FOR stock icon

Forestar Group
FOR

$37.21
0.98%
 

About: Forestar Group Inc is a residential lot development company with operations across the United States. The core business segment for the company is real estate which generates all of it's revenues. The firm fundamentally acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency. Single-family residential communities account for the majority of their real estate projects. The company utilizes a lower-risk business model mainly by investing in short duration, phased development projects.

Employees: 329

0
Funds holding %
of 6,474 funds
Analysts bullish %
0
News positive %
of 4 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

190% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 10

21% more capital invested

Capital invested by funds: $484M [Q3] → $585M (+$101M) [Q4]

12% more funds holding

Funds holding: 155 [Q3] → 174 (+19) [Q4]

0.33% less ownership

Funds ownership: 35.81% [Q3] → 35.48% (-0.33%) [Q4]

2% less repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 61

50% less funds holding in top 10

Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]

52% less call options, than puts

Call options by funds: $559K | Put options by funds: $1.16M

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target
$34
10%
downside
Avg. target
$34
10%
downside
High target
$34
10%
downside

1 analyst rating

positive
0%
neutral
100%
negative
0%
JP Morgan
Michael Rehaut
10%downside
$33.5
Neutral
Maintained
1 Dec 2023

Financial journalist opinion

Based on 4 articles about FOR published over the past 30 days