Forestar Group Inc

Company Profile

Forestar Group Inc had its IPO on 2007-12-12 under the ticker symbol FOR.

The company operates in the Real Estate sector and Real Estate-Development industry. Forestar Group Inc has a staff strength of 282 employees.

Stock update

Shares of Forestar Group Inc opened at $28.76 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $27.9 - $28.91, and closed at $28.01.

This is a -2.27% slip from the previous day's closing price.

A total volume of 91,504 shares were traded at the close of the day’s session.

In the last one week, shares of Forestar Group Inc have slipped by -4.24%.

Forestar Group Inc's Key Ratios

Forestar Group Inc has a market cap of $1.43 billion, indicating a price to book ratio of 0.6359 and a price to sales ratio of 0.5092.

In the last 12-months Forestar Group Inc’s revenue was $1.27 billion with a gross profit of $327.80 million and an EBITDA of $205 million. The EBITDA ratio measures Forestar Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Forestar Group Inc’s operating margin was 15.92% while its return on assets stood at 5.44% with a return of equity of 11.89%.

In Q2, Forestar Group Inc’s quarterly earnings growth was a positive 16.8% while revenue growth was a positive 19.6%.

Forestar Group Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

9.7153

PEG

3.5

Its diluted EPS in the last 12-months stands at $2.95 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 3.5. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Forestar Group Inc’s profitability.

Forestar Group Inc stock is trading at a EV to sales ratio of 0.7974 and a EV to EBITDA ratio of 5.1966. Its price to sales ratio in the trailing 12-months stood at 0.5092.

Forestar Group Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.38 billion

Total Liabilities

$213.80 million

Operating Cash Flow

$800000.00

Capital Expenditure

$500000

Dividend Payout Ratio

0%

Forestar Group Inc ended 2024 with $2.38 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.38 billion while shareholder equity stood at $1.30 billion.

Forestar Group Inc ended 2024 with $34.10 million in deferred long-term liabilities, $213.80 million in other current liabilities, 49900000.00 in common stock, $602.40 million in retained earnings and $0 in goodwill. Its cash balance stood at $401.00 million and cash and short-term investments were $401.00 million. The company’s total short-term debt was $-11,600,000 while long-term debt stood at $707.20 million.

Forestar Group Inc’s total current assets stands at $401.00 million while long-term investments were $500000.00 and short-term investments were $0. Its net receivables were $24.60 million compared to accounts payable of $68.60 million and inventory worth $1.91 billion.

In 2024, Forestar Group Inc's operating cash flow was $800000.00 while its capital expenditure stood at $500000.

Comparatively, Forestar Group Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$28.01

52-Week High

$31.43

52-Week Low

$10.28

Analyst Target Price

$25

Forestar Group Inc stock is currently trading at $28.01 per share. It touched a 52-week high of $31.43 and a 52-week low of $31.43. Analysts tracking the stock have a 12-month average target price of $25.

Its 50-day moving average was $27.67 and 200-day moving average was $19.5 The short ratio stood at 1.54 indicating a short percent outstanding of 0%.

Around 6348% of the company’s stock are held by insiders while 3676.3% are held by institutions.