Forestar Group, Inc. (FOR) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

119.37 k

Shareholding (Mar 2025)

FII

4.67%

Held by 94 FIIs

DII

75.28%

Held by 22 DIIs

Promoter

0.00%

How big is Forestar Group, Inc.?

22-Jun-2025

As of Jun 18, Forestar Group, Inc. has a market capitalization of 986.49 million, with net sales of 1,471.20 million and a net profit of 172.40 million over the latest four quarters.

What does Forestar Group, Inc. do?

22-Jun-2025

Forestar Group, Inc. is a residential and mixed-use real estate development company with a market cap of approximately $986.49 million, reporting net sales of $351 million and a net profit of $33 million for Q1 2025. Key metrics include a P/E ratio of 6.00 and a return on equity of 10.56%.

Who are in the management team of Forestar Group, Inc.?

22-Jun-2025

As of March 2022, the management team of Forestar Group, Inc. includes Executive Chairman Donald Tomnitz, Presiding Independent Director George Ringler, and Independent Directors Samuel Fuller, Lisa Jamieson, and Donald Spitzer, who oversee the company's strategic direction and governance.

Is Forestar Group, Inc. overvalued or undervalued?

20-Sep-2025

As of July 7, 2025, Forestar Group, Inc. is considered undervalued with a P/E ratio of 6 and an EV to EBITDA ratio of 3.87, significantly lower than its peers, despite a recent stock decline, while achieving a 121.06% return over the last three years, outperforming the S&P 500.

Is Forestar Group, Inc. technically bullish or bearish?

20-Sep-2025

As of August 22, 2025, Forestar Group, Inc. shows a mildly bullish trend supported by daily moving averages and weekly MACD, despite mixed signals from monthly indicators and a recent underperformance compared to the S&P 500.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Strong Long Term Fundamental Strength with a 30.83% CAGR growth in Operating Profits

Healthy long term growth as Net Sales has grown by an annual rate of 13.47% and Operating profit at 30.83%

Flat results in Jun 25

With ROE of 10.56%, it has a attractive valuation with a 0.60 Price to Book Value

Underperformed the market in the last 1 year

Mojo Parameters

Stock DNA

Industry

Realty

Market cap

USD 1,448 Million (Small Cap)

P/E

6.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-999,999.00

Return on Equity

10.05%

Price to Book

0.86

Revenue and Profits:

Net Sales:

390 Million

(Quarterly Results - Jun 2025)

Net Profit:

34 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-6.64%

6 Months

34.27%

1 Year

-10.24%

2 Years

-16.01%

3 Years

75.03%

4 Years

29.96%

5 Years

30.93%

Forestar Group, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

Is Forestar Group, Inc. technically bullish or bearish?

As of 22 August 2025, the technical trend for Forestar Group, Inc. has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, while the monthly MACD remains bearish, indicating mixed signals across time frames. The daily moving averages are bullish, supporting the mildly bullish stance. However, the weekly Dow Theory is mildly bearish, which adds some caution. In terms of performance, the stock has underperformed the S&P 500 over the past year with a return of -17.84% compared to the S&P's 17.14%, but it has significantly outperformed over the last three years with a return of 121.06% versus 70.41%. Overall, the current technical stance is mildly bullish, driven by the daily moving averages and weekly MACD, despite some bearish signals in the monthly indicators....

Is Forestar Group, Inc. overvalued or undervalued?

As of 7 July 2025, the valuation grade for Forestar Group, Inc. has moved from expensive to attractive, indicating a significant improvement in its valuation outlook. The company appears undervalued, particularly when considering its P/E ratio of 6, which is substantially lower than the industry average, and its Price to Book Value of 0.60. Additionally, the EV to EBITDA ratio stands at 3.87, further supporting the notion of undervaluation compared to peers. In comparison to its peers, Forestar Group, Inc. has a more favorable valuation profile, with Jones Lang LaSalle, Inc. at a P/E of 25.21 and Howard Hughes Holdings, Inc. at 18.48, both indicating higher valuations. Despite recent stock performance showing a decline of 17.84% over the past year compared to a 17.14% gain in the S&P 500, the long-term perspective is more favorable, as the company has achieved a 121.06% return over the last three years, ou...

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

13.47%

EBIT Growth (5y)

30.83%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

24.38%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

40.30%

ROCE (avg)

19.77%

ROE (avg)

11.81%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.60

EV to EBIT

3.91

EV to EBITDA

3.87

EV to Capital Employed

0.56

EV to Sales

0.56

PEG Ratio

Dividend Yield

ROCE (Latest)

14.25%

ROE (Latest)

10.56%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bearish

Dow Theory

Mildly Bearish

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 63 Schemes (20.06%)

Foreign Institutions

Held by 94 Foreign Institutions (4.67%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is 22.64% vs -13.69% in Jun 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is -14.61% vs -16.95% in Jun 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Jun'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "390.50",
          "val2": "318.40",
          "chgp": "22.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "59.20",
          "val2": "42.90",
          "chgp": "38.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "-1.90",
          "val2": "-0.70",
          "chgp": "-171.43%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "33.90",
          "val2": "39.70",
          "chgp": "-14.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "147.50%",
          "val2": "134.70%",
          "chgp": "1.28%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Sep 2024 is 5.05% vs -5.41% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Sep 2024 is 21.74% vs -6.62% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,509.40",
          "val2": "1,436.90",
          "chgp": "5.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "250.90",
          "val2": "236.40",
          "chgp": "6.13%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "-4.10",
          "val2": "-24.00",
          "chgp": "82.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "204.40",
          "val2": "167.90",
          "chgp": "21.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "162.20%",
          "val2": "160.30%",
          "chgp": "0.19%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Jun'25

Jun'24

Change(%)

Net Sales

390.50

318.40

22.64%

Operating Profit (PBDIT) excl Other Income

59.20

42.90

38.00%

Interest

0.00

Exceptional Items

-1.90

-0.70

-171.43%

Consolidate Net Profit

33.90

39.70

-14.61%

Operating Profit Margin (Excl OI)

147.50%

134.70%

1.28%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Jun 2025 is 22.64% vs -13.69% in Jun 2024

Consolidated Net Profit

YoY Growth in quarter ended Jun 2025 is -14.61% vs -16.95% in Jun 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Sep'24

Sep'24

Sep'23

Change(%)

Net Sales

1,509.40

1,436.90

5.05%

Operating Profit (PBDIT) excl Other Income

250.90

236.40

6.13%

Interest

0.00

Exceptional Items

-4.10

-24.00

82.92%

Consolidate Net Profit

204.40

167.90

21.74%

Operating Profit Margin (Excl OI)

162.20%

160.30%

0.19%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Sep 2024 is 5.05% vs -5.41% in Sep 2023

Consolidated Net Profit

YoY Growth in year ended Sep 2024 is 21.74% vs -6.62% in Sep 2023

All Annual Results

Company CV

About Forestar Group, Inc.

Forestar Group, Inc.

Realty

Forestar Group Inc. is a residential and mixed-use real estate development company. The Company operates through three segments. The Real Estate segment secures entitlements and develops infrastructure on its lands, for single-family residential and mixed-use communities. The Mineral resources segment is focused on its owned oil and gas mineral interests through promoting exploration, development and production activities. The Other segment manages its timber holdings, recreational leases and water resource initiatives. As of December 31, 2016, its core community development business had directly or through ventures interests in 50 residential and mixed-use projects consisting of 4,600 acres of real estate located in 10 states and 14 markets. As of December 31, 2016, its non-core assets included approximately 523,000 net acres of owned mineral assets, 19,000 acres of timberland and undeveloped land, four multifamily assets and approximately 20,000 acres of groundwater leases.

Company Coordinates

Company Details

2221 E Lamar Blvd Ste 790 , ARLINGTON TX : 76006-7429

Tel: 1 817 7691860

http://www.forestargroup.com/

Registrar Details

Forestar Group, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

How big is Forestar Group, Inc.?

Watch in Real-Time

What does Forestar Group, Inc. do?

Who are in the management team of Forestar Group, Inc.?

Is Forestar Group, Inc. overvalued or undervalued?

Is Forestar Group, Inc. technically bullish or bearish?

MarketsMojo — Loved in India, Now Global

Dashboard

Strong Long Term Fundamental Strength with a 30.83% CAGR growth in Operating Profits

Healthy long term growth as Net Sales has grown by an annual rate of 13.47% and Operating profit at 30.83%

Flat results in Jun 25

With ROE of 10.56%, it has a attractive valuation with a 0.60 Price to Book Value

Underperformed the market in the last 1 year

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Is Forestar Group, Inc. technically bullish or bearish?

Is Forestar Group, Inc. overvalued or undervalued?

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY

Annual Results Snapshot (Consolidated) - Sep'24

About Forestar Group, Inc.

Company Coordinates