At the time of writing, Forestar Group Inc [FOR] stock is trading at $21.73, down -0.37%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FOR shares have gain 9.14% over the last week, with a monthly amount glided 9.80%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Forestar Group Inc [NYSE: FOR] stock has seen the most recent analyst activity on July 21, 2023, when BTIG Research upgraded its rating to a Buy but kept the price target unchanged to $32 for it. Previously, BTIG Research downgraded its rating to Neutral on July 20, 2022. On April 16, 2021, Wells Fargo initiated with a Overweight rating and assigned a price target of $32 on the stock. Wolfe Research started tracking the stock assigning a Outperform rating. Citigroup initiated its recommendation with a Buy and recommended $16 as its price target on April 29, 2020. JP Morgan started tracking with a Neutral rating for this stock on January 13, 2020, and assigned it a price target of $22. In a note dated July 08, 2019, Wells Fargo initiated an Outperform rating.
For the past year, the stock price of Forestar Group Inc fluctuated between $18.00 and $37.21. Currently, Wall Street analysts expect the stock to reach $26.17 within the next 12 months. Forestar Group Inc [NYSE: FOR] shares were valued at $21.73 at the most recent close of the market. An investor can expect a potential return of 20.43% based on the average FOR price forecast.
Analyzing the FOR fundamentals
According to Forestar Group Inc [NYSE:FOR], the company’s sales were 1.47B for trailing twelve months, which represents an 5.15% jump. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.11 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.54.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.49 points at the first support level, and at 21.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.93, and for the 2nd resistance point, it is at 22.14.
Ratios To Look Out For
It is important to note that Forestar Group Inc [NYSE:FOR] has a current ratio of 0.71. Further, the Quick Ratio stands at 0.71, while the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 0.67 and price to earnings (TTM) ratio is 6.58.
Transactions by insiders
Recent insider trading involved Parmer Elizabeth, Director, that happened on Jun 11 ’25 when 3357.0 shares were sold. Director, Parmer Elizabeth completed a deal on Jun 11 ’25 to buy 3357.0 shares. Meanwhile, Chief Executive Officer Oxley Anthony W bought 4963.0 shares on May 16 ’25.
