UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | October 2, 2024 4:00 P.M. |
Form: | S-3 | ||||||
|
UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | October 2, 2024 4:00 P.M. |
Form: | S-3 | ||||||
|
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/21/2023 | $32.00 | Neutral → Buy | BTIG Research |
7/20/2022 | Buy → Neutral | BTIG Research |
Forestar Group Inc. (NYSE:FOR) announced today that the Company will release financial results for its fourth quarter and fiscal year ended September 30, 2024 on Tuesday, October 29, 2024 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 749922. Participants are encouraged to call in five minutes before the call begins (10:55 a.m. ET). The call will also be webcast from the Company's website at investor.forestar.com. A replay of the call will be available after 3:00 p.m. ET on Tuesday, October 29, 2024 at 877-481-4010. When calling, please reference r
D.R. Horton, Inc. (NYSE:DHI): Fiscal 2024 Third Quarter Highlights - comparisons to the prior year quarter Earnings per diluted share increased 5% to $4.10 on net income of $1.4 billion Consolidated pre-tax income increased 1% to $1.8 billion, with a pre-tax profit margin of 18.1% Consolidated revenues increased 2% to $10.0 billion Homes closed increased 5% to 24,155 homes and 6% in value to $9.2 billion Net sales orders increased 1% to 23,001 homes and were flat in value at $8.7 billion Rental operations pre-tax income of $64.2 million on $413.7 million of revenues from sales of 790 single-family rental homes and 610 multi-family rental units Repurchased 3.0 million
Forestar Group Inc. ("Forestar") (NYSE:FOR), a leading national residential lot developer, today reported financial results for its third fiscal quarter ended June 30, 2024. Fiscal 2024 Third Quarter Highlights All comparisons are year-over-year Net income of $38.7 million or $0.76 per diluted share Pre-tax income of $51.6 million, with a pre-tax profit margin of 16.2% Consolidated revenues of $318.4 million on 3,255 lots sold Owned and controlled lots increased 40% to 102,100 lots Return on equity expanded 190 basis points to 13.8% for the trailing twelve months ended June 30, 2024 Book value per share increased 15% to $29.87 Net debt to total capital ratio of 18.7%
BTIG Research upgraded Forestar from Neutral to Buy and set a new price target of $32.00
BTIG Research downgraded Forestar from Buy to Neutral
Wells Fargo initiated coverage of Forestar Group with a rating of Overweight and set a new price target of $32.00
4 - Forestar Group Inc. (0001406587) (Issuer)
4 - Forestar Group Inc. (0001406587) (Issuer)
4 - Forestar Group Inc. (0001406587) (Issuer)
4 - Forestar Group Inc. (0001406587) (Issuer)
EFFECT - Forestar Group Inc. (0001406587) (Filer)
S-3 - Forestar Group Inc. (0001406587) (Filer)
144 - Forestar Group Inc. (0001406587) (Subject)
SC 13D/A - Forestar Group Inc. (0001406587) (Subject)
SC 13G/A - Forestar Group Inc. (0001406587) (Subject)
SC 13G/A - Forestar Group Inc. (0001406587) (Subject)
Forestar Group Inc. ("Forestar") (NYSE:FOR), a leading national residential lot developer, today announced the retirement of Daniel (Dan) C. Bartok and the appointment of Anthony (Andy) W. Oxley as President and Chief Executive Officer (CEO), effective January 1, 2024. Oxley will join the company from D.R. Horton, Inc., where he currently serves as Senior Vice President – Business Development. Bartok will support Forestar in a consulting role for an extended period to ensure a seamless transition. Donald J. Tomnitz, Chairman of the Board, said, "I'd like to express our gratitude to Dan for all of his significant contributions to Forestar. During Dan's tenure as CEO, Forestar has achieved
Forestar Group Inc. (NYSE:FOR) announced today that the Company will release financial results for its fourth quarter and fiscal year ended September 30, 2024 on Tuesday, October 29, 2024 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 749922. Participants are encouraged to call in five minutes before the call begins (10:55 a.m. ET). The call will also be webcast from the Company's website at investor.forestar.com. A replay of the call will be available after 3:00 p.m. ET on Tuesday, October 29, 2024 at 877-481-4010. When calling, please reference r
D.R. Horton, Inc. (NYSE:DHI): Fiscal 2024 Third Quarter Highlights - comparisons to the prior year quarter Earnings per diluted share increased 5% to $4.10 on net income of $1.4 billion Consolidated pre-tax income increased 1% to $1.8 billion, with a pre-tax profit margin of 18.1% Consolidated revenues increased 2% to $10.0 billion Homes closed increased 5% to 24,155 homes and 6% in value to $9.2 billion Net sales orders increased 1% to 23,001 homes and were flat in value at $8.7 billion Rental operations pre-tax income of $64.2 million on $413.7 million of revenues from sales of 790 single-family rental homes and 610 multi-family rental units Repurchased 3.0 million
Forestar Group Inc. ("Forestar") (NYSE:FOR), a leading national residential lot developer, today reported financial results for its third fiscal quarter ended June 30, 2024. Fiscal 2024 Third Quarter Highlights All comparisons are year-over-year Net income of $38.7 million or $0.76 per diluted share Pre-tax income of $51.6 million, with a pre-tax profit margin of 16.2% Consolidated revenues of $318.4 million on 3,255 lots sold Owned and controlled lots increased 40% to 102,100 lots Return on equity expanded 190 basis points to 13.8% for the trailing twelve months ended June 30, 2024 Book value per share increased 15% to $29.87 Net debt to total capital ratio of 18.7%
JP Morgan analyst Michael Rehaut maintains Forestar Group (NYSE:FOR) with a Neutral and lowers the price target from $37.5 to $36.
BTIG analyst Ryan Gilbert maintains Forestar Group (NYSE:FOR) with a Buy and lowers the price target from $41 to $37.
Shares of Domino’s Pizza, Inc. (NYSE:DPZ) fell sharply during Thursday's session after the company reported mixed quarterly results. The company reported second-quarter FY24 sales growth of 7.1% year-on-year to $1.097 billion, missing the analyst consensus estimate of $1.103 billion. The company is temporarily suspending its guidance metric of 1,100+ global net stores growth until the full effect of DPE's store opens and closures on international net store growth are known. Domino’s Pizza shares dipped 11.2% to $420.36 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Onconetix, Inc. (NASDAQ:ONCO) climbed 97.6% to $0.2944. On July 15, Oncon