Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. The company sells its residential single-family finished lots to homebuilders. The company is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R. Horton, Inc.
IPO Year: 2017
Exchange: NYSE
Website: forestar.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/21/2023 | $32.00 | Neutral → Buy | BTIG Research |
| 7/20/2022 | Buy → Neutral | BTIG Research |
10-Q - Forestar Group Inc. (0001406587) (Filer)
8-K - Forestar Group Inc. (0001406587) (Filer)
8-K - Forestar Group Inc. (0001406587) (Filer)
8-K - Forestar Group Inc. (0001406587) (Filer)
8-K - Forestar Group Inc. (0001406587) (Filer)
10-Q - Forestar Group Inc. (0001406587) (Filer)
8-K - Forestar Group Inc. (0001406587) (Filer)
8-K - Forestar Group Inc. (0001406587) (Filer)
8-K - Forestar Group Inc. (0001406587) (Filer)
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4 - Forestar Group Inc. (0001406587) (Issuer)
4 - Forestar Group Inc. (0001406587) (Issuer)
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
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
Wolfe Research initiated coverage of Forestar with a rating of Outperform
Citigroup reiterated coverage of Forestar Group with a rating of and set a new price target of $30.00 from $26.00 previously
B of A Securities reiterated coverage of Forestar Group with a rating of Buy and set a new price target of $27 from $25 previously
D.R. Horton, Inc. (NYSE:DHI): Fiscal 2025 Second Quarter Highlights Net income attributable to D.R. Horton of $810.4 million or $2.58 per diluted share Consolidated pre-tax income of $1.1 billion, with a pre-tax profit margin of 13.8% Consolidated revenues of $7.7 billion Homes sales revenues of $7.2 billion on 19,276 homes closed Net sales orders of 22,437 homes with an order value of $8.4 billion Repurchased 9.7 million shares of common stock for $1.3 billion and paid cash dividends of $125.5 million New share repurchase authorization of $5.0 billion D.R. Horton, Inc. (NYSE:DHI), America's Builder, today reported that net income per diluted share attributable to D.R. Hort
Forestar Group Inc. ("Forestar") (NYSE:FOR), a leading national residential lot developer, today reported financial results for its second fiscal quarter ended March 31, 2025. Fiscal 2025 Second Quarter Highlights All comparisons to the prior year quarter Net income totaled $31.6 million or $0.62 per diluted share Pre-tax income of $40.7 million Consolidated revenues increased 5% to $351.0 million Residential lots sold increased 4% to 3,411 lots Owned and controlled 105,900 lots at March 31, 2025 Return on equity of 10.7% for the trailing twelve months ended March 31, 2025 Book value per share increased 11% to $32.36 Issued $500 million of 6.50% senior unsecured notes due
Intends to File Preliminary Proxy Statement and Provides Overview of the Case for Shareholder-Driven Change at Lyft Following Years of Value Destruction Engine Capital LP (together with its affiliates, "Engine" or "we"), which owns approximately one percent of the outstanding common shares of Lyft, Inc. (NASDAQ:LYFT) ("Lyft" or the "Company"), today announced that it is filing a preliminary proxy statement in connection with its nomination of two highly qualified and independent candidates – Alan L. Bazaar and Daniel B. Silvers – for election to the Company's Board of Directors (the "Board") at the 2025 Annual Meeting of Shareholders (the "Annual Meeting"). Arnaud Ajdler, Founder and Port
Forestar Group Inc. (NYSE:FOR) announced today the expiration and final results of the previously announced cash tender offer (the "Tender Offer") to purchase any and all of its outstanding 3.850% Senior Notes due 2026 (the "Notes") listed in the following table upon the terms and conditions described in the offer to purchase, dated March 5, 2025 (the "Offer to Purchase"), and the related notice of guaranteed delivery, dated March 5, 2025 (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Offer Documents"). Title of Security CUSIP Numbers / ISINs Principal Amount Outstanding Principal Amount Tendered(2) Percent of Outst
Forestar Group Inc. (NYSE:FOR) announced today the pricing terms of the previously announced cash tender offer (the "Tender Offer") to purchase any and all of its outstanding 3.850% Senior Notes due 2026 (the "Notes") listed in the following table upon the terms and conditions described in the offer to purchase, dated March 5, 2025 (the "Offer to Purchase"), and the related notice of guaranteed delivery, dated March 5, 2025 ("Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Offer Documents"). Certain information regarding the Notes and the U.S. Treasury Reference Security, the Bloomberg reference page and the fixed spread is set forth in the table below. Tit
Forestar Group Inc. (NYSE:FOR) ("Forestar") today announced that it has priced an offering of $500 million aggregate principal amount of 6.500% senior unsecured notes due 2033 (the "Notes"). The Notes were offered and will be sold in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act. The offering is expected to close on March 14, 2025, subject to customary closing conditions. The Notes will rank equally in right of payment to all of Forestar's existing and future senior unsecured de
Forestar Group Inc. (NYSE:FOR) announced today that it is commencing a cash tender offer (the "Tender Offer") to purchase any and all of its outstanding 3.850% Senior Notes due 2026 (the "Notes") listed in the following table upon the terms and conditions described in the offer to purchase, dated March 5, 2025 (the "Offer to Purchase"), and the related notice of guaranteed delivery, dated March 5, 2025 ("Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Offer Documents"). Certain information regarding the Notes and the U.S. Treasury Reference Security, the Bloomberg reference page and the fixed spread is set forth in the table below. Title of Security CUS
Forestar Group Inc. (NYSE:FOR) ("Forestar") today announced that it is proposing to sell $500 million aggregate principal amount of senior unsecured notes due 2033 (the "Notes"). The Notes will be offered and sold in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act. Forestar intends to use the net proceeds from this offering to fund a tender offer for any and all of its $400 million aggregate principal amount of existing 3.850% Senior Notes due 2026 and for general corporate purpos
Forestar Group Inc. (NYSE:FOR) announced today that the Company will release financial results for its second quarter ended March 31, 2025 on Thursday, April 17, 2025 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 865137. 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 Thursday, April 17, 2025 at 877-481-4010. When calling, please reference replay passcode 52040.
D.R. Horton, Inc. (NYSE:DHI): Fiscal 2025 First Quarter Highlights Net income attributable to D.R. Horton of $844.9 million or $2.61 per diluted share Consolidated pre-tax income of $1.1 billion, with a pre-tax profit margin of 14.6% Consolidated revenues of $7.6 billion Homes sales revenues of $7.1 billion on 19,059 homes closed Net sales orders of 17,837 homes with an order value of $6.7 billion Rental operations pre-tax income of $11.9 million on $217.8 million of revenues from sales of 311 single-family rental homes and 504 multi-family rental units Repurchased 6.8 million shares of common stock for $1.1 billion and paid cash dividends of $128.5 million D.R. Ho
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4 - Forestar Group Inc. (0001406587) (Issuer)
4 - Forestar Group Inc. (0001406587) (Issuer)
4 - Forestar Group Inc. (0001406587) (Issuer)
4 - Forestar Group Inc. (0001406587) (Issuer)
4 - Forestar Group Inc. (0001406587) (Issuer)
4 - Forestar Group Inc. (0001406587) (Issuer)
4 - Forestar Group Inc. (0001406587) (Issuer)
4 - Forestar Group Inc. (0001406587) (Issuer)
4 - Forestar Group Inc. (0001406587) (Issuer)
4 - Forestar Group Inc. (0001406587) (Issuer)
D.R. Horton, Inc. (NYSE:DHI): Fiscal 2025 Second Quarter Highlights Net income attributable to D.R. Horton of $810.4 million or $2.58 per diluted share Consolidated pre-tax income of $1.1 billion, with a pre-tax profit margin of 13.8% Consolidated revenues of $7.7 billion Homes sales revenues of $7.2 billion on 19,276 homes closed Net sales orders of 22,437 homes with an order value of $8.4 billion Repurchased 9.7 million shares of common stock for $1.3 billion and paid cash dividends of $125.5 million New share repurchase authorization of $5.0 billion D.R. Horton, Inc. (NYSE:DHI), America's Builder, today reported that net income per diluted share attributable to D.R. Hort
Forestar Group Inc. ("Forestar") (NYSE:FOR), a leading national residential lot developer, today reported financial results for its second fiscal quarter ended March 31, 2025. Fiscal 2025 Second Quarter Highlights All comparisons to the prior year quarter Net income totaled $31.6 million or $0.62 per diluted share Pre-tax income of $40.7 million Consolidated revenues increased 5% to $351.0 million Residential lots sold increased 4% to 3,411 lots Owned and controlled 105,900 lots at March 31, 2025 Return on equity of 10.7% for the trailing twelve months ended March 31, 2025 Book value per share increased 11% to $32.36 Issued $500 million of 6.50% senior unsecured notes due
Forestar Group Inc. (NYSE:FOR) announced today that the Company will release financial results for its second quarter ended March 31, 2025 on Thursday, April 17, 2025 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 865137. 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 Thursday, April 17, 2025 at 877-481-4010. When calling, please reference replay passcode 52040.
D.R. Horton, Inc. (NYSE:DHI): Fiscal 2025 First Quarter Highlights Net income attributable to D.R. Horton of $844.9 million or $2.61 per diluted share Consolidated pre-tax income of $1.1 billion, with a pre-tax profit margin of 14.6% Consolidated revenues of $7.6 billion Homes sales revenues of $7.1 billion on 19,059 homes closed Net sales orders of 17,837 homes with an order value of $6.7 billion Rental operations pre-tax income of $11.9 million on $217.8 million of revenues from sales of 311 single-family rental homes and 504 multi-family rental units Repurchased 6.8 million shares of common stock for $1.1 billion and paid cash dividends of $128.5 million D.R. Ho
Forestar Group Inc. ("Forestar") (NYSE:FOR), a leading national residential lot developer, today reported financial results for its first fiscal quarter ended December 31, 2024. Fiscal 2025 First Quarter Highlights Net income totaled $16.5 million or $0.32 per diluted share Pre-tax income of $21.9 million Revenues of $250.4 million on 2,333 lots sold Land acquisition and development investments totaled $684.4 million Owned and controlled lots of 106,000 lots at December 31, 2024 Return on equity of 12.0% for the trailing twelve months ended December 31, 2024 Book value per share increased 13% from a year ago to $31.84 at December 31, 2024 Amended the Company's seni
Forestar Group Inc. (NYSE:FOR) announced today that the Company will release financial results for its first quarter ended December 31, 2024 on Tuesday, January 21, 2025 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 917712. 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, January 21, 2025 at 877-481-4010. When calling, please reference replay passcode 517
D.R. Horton, Inc. (NYSE:DHI): Fiscal 2024 Fourth Quarter Highlights Earnings per diluted share were $3.92 on net income of $1.3 billion Consolidated pre-tax income of $1.7 billion, with a pre-tax profit margin of 17.1% Consolidated revenues of $10.0 billion Home sales revenues of $8.9 billion on 23,647 homes closed Fiscal 2024 Highlights - comparisons to the prior year Earnings per diluted share increased 4% to $14.34 on net income of $4.8 billion Consolidated pre-tax income of $6.3 billion, with a pre-tax profit margin of 17.1% Consolidated revenues increased 4% to $36.8 billion Home sales revenues increased 7% to $33.9 billion on 89,690 homes closed Rental operations
Forestar Group Inc. ("Forestar") (NYSE:FOR), a leading national residential lot developer, today reported financial results for its fourth quarter and fiscal year ended September 30, 2024. Fiscal 2024 Fourth Quarter Highlights All comparisons are year-over-year Net income increased 13% to $81.6 million or $1.60 per diluted share Pre-tax income increased 14% to $108.5 million, with a pre-tax profit margin of 19.7% Revenues of $551.4 million on 5,374 lots sold Fiscal 2024 Highlights All comparisons are year-over-year Net income increased 22% to $203.4 million or $4.00 per diluted share Pre-tax income increased 22% to $270.1 million, with a pre-tax profit margin of 17.9% Revenue
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