Forestar Group Inc.
NYSE•FOR
CEO: Mr. Donald J. Tomnitz
Sector: Real Estate
Industry: Real Estate - Development
Listing Date: 2007-12-13
Forestar Group Inc. operates as a residential lot development company in the United States. The company acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to local, regional, and national homebuilders. The company was incorporated in 2005 and is headquartered in Arlington, Texas. Forestar Group Inc. operates as a subsidiary of D.R. Horton, Inc.
Contact Information
2221 East Lamar Boulevard, Suite 790, Arlington, TX, 76006, United States
817-769-1860
Market Cap
$1.42B
P/E (TTM)
8.6
12.8
Dividend Yield
--
52W High
$30.74
52W Low
$18.00
52W Range
Rank43Top 50.7%
3.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q1 2026 Data
Revenue
$273.00M+9.03%
4-Quarter Trend
EPS
$0.30-6.25%
4-Quarter Trend
FCF
-$157.10M-65.09%
4-Quarter Trend
2026 Q1 Earnings Highlights
Key Highlights
Revenue Growth Strong Consolidated revenues grew 9% to $273.0M USD for the quarter, compared to $250.4M USD last year.
Operating Cash Flow Improved Net cash used in operations significantly improved to $157.0M USD versus $450.0M USD used previously in the prior period.
Real Estate Assets Increased Total assets increased to $3,176.6M USD, driven by $2.85B USD in real estate holdings as of period end.
Strong Liquidity Maintained Strong liquidity maintained with $607.6M USD available capacity on credit facility; no outstanding borrowings reported at period end.
Risk Factors
Net Income Declined Slightly Net income decreased to $15.4M USD from $16.5M USD year-over-year; diluted EPS fell to $0.30 USD.
Lot Sales Volume Decreased Total residential lots sold decreased 17% to 1,944 lots, despite average selling price per lot rising 15%.
Fiduciary Duty Litigation Risk Derivative lawsuit filed against D.R. Horton and directors regarding lot sale transactions; outcome remains uncertain.
Development Costs Remain High Development cycle times remain extended in certain markets, keeping overall development costs elevated for projects.
Outlook
Maintain Disciplined Investment Maintain disciplined land investment strategy focused on affordable price points to consolidate market share in fragmented industry.
Leverage D.R. Horton Relationship Strategic relationship with controlling shareholder D.R. Horton supports platform stability and future lot sales pipeline execution.
Capital Structure Evaluation Evaluating alternatives for capital structure management, including potential debt or equity issuance to fund expected growth.
Tax Disclosure Changes Pending Evaluating impact of new FASB ASU 2023-09 regarding income tax disclosure requirements effective for fiscal 2026 annual periods.
Peer Comparison
Revenue (TTM)
$5.87B
$1.69B
Gross Margin (Latest Quarter)
81.2%
20.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| HOUS | $1.98B | -15.4 | -8.4% | 51.0% |
| FOR | $1.42B | 8.6 | 9.7% | 25.5% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-8.0%
Growth Under Pressure
4Q Net Income CAGR
-21.3%
Declining Profitability
Cash Flow Stability
50%
Cash Flow Needs Attention
Deep Research
Next earnings:Apr 15, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data