Forestar Group Inc. FOR R2K
Real Estate · Real Estate - Development · United States
Forestar Group Inc. operates as a residential lot development company in the United States. It acquires land and develops infrastructure for single-family residential communities. The company sells its residential single-family finished lots to local, regional, and national homebuilders. Forestar Group Inc. was incorporated in 2005 and is headquartered in Arlington, Texas. Forestar Group Inc. operates as a subsidiary of D.R. Horton, Inc.
READ MORE ›$27.47
+43.45% 1Y
Market & Price
Market Cap
$1.40B
Current Price
$27.47
High / Low (52W)
$30.31 / $19.10
Beta
1.45
Valuation
Stock P/E
8.38
Industry PE
26.58
Forward P/E
8.59
PEG Ratio
4.90
Book Value
$35.66
Price to Book
0.77
P/S
0.82
EV/EBITDA
5.60
Dividend Yield
-
Profitability & Returns
ROCE
7.76%
ROE
9.67%
ROA
4.23%
Profit Margin
9.79%
Op Margin
4.68%
EPS (Latest Qtr)
$0.63
EPS (TTM)
$3.28
Balance Sheet & Liquidity
Debt/Equity
0.17
Quick Ratio
1.73
Current Ratio
1.91
Debt
$111.70M
Total Assets
$3.14B
Current Assets
$418.30M
Working Capital
$-24.40M
Ownership
Promoter Holding
62.26%
Chg in Prom Hold
-
FII / Inst Holding
37.41%
Chg in FII Hold
-
Financial Snapshot
Enterprise Value
$1.20B
Total Revenue (TTM)
$1.71B
EBITDA
$213.50M
Free Cash Flow
$176.88M
Operating Cash Flow
$267.00M
Shares Outstanding
51.01M
Gross Margin
21.34%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
3.05%
Profit 5Y
-2.07%
Revenue (YoY)
-3.00%
Earnings (YoY)
22.30%
PROS
- Generates positive free cash flow.
CONS
- Earnings shrank at -2.1% CAGR over 5 years.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | FOR Forestar Group Inc. R2K | 27.47 | 8.38 | $1.40B | - | 7.76% | 9.67% | 3.05% | -2.07% |
| 2 | WELL Welltower Inc. SPX | 205.33 | 99.19 | $144.95B | 1.44% | 0.26% | 3.67% | 22.69% | 87.90% |
| 3 | PLD Prologis, Inc. SPX | 143.47 | 36.14 | $133.76B | 2.98% | 4.94% | 6.84% | 13.74% | -0.36% |
| 4 | EQIX Equinix, Inc. SPX | 1,068.04 | 74.07 | $105.33B | 1.84% | 5.61% | 10.06% | 8.27% | 24.18% |
| 5 | AMT American Tower Corporation SPX | 186.96 | 30.11 | $87.10B | 3.73% | 7.82% | 29.95% | 3.34% | 12.73% |
| 6 | SPG Simon Property Group, Inc. SPX | 204.91 | 14.25 | $77.86B | 4.29% | 17.44% | 113.59% | 6.35% | 29.32% |
| 7 | DLR Digital Realty Trust, Inc. SPX | 190.00 | 50.53 | $67.96B | 2.57% | 3.99% | 5.69% | 9.22% | 51.32% |
| 8 | O Realty Income Corporation SPX | 61.28 | 50.23 | $57.14B | 5.30% | 3.27% | 2.83% | 19.80% | 6.78% |
| 9 | PSA Public Storage SPX | 303.69 | 31.34 | $53.31B | 3.95% | 10.69% | 20.18% | 4.88% | -25.69% |
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Quarterly Results
Figures in USD.
| Metric | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | 22.60M | 23.60M | 32.20M | 38.50M | 65.30M | 88.20M | 236.30M | 247.20M | 159.10M | 177.90M | 347.60M | 307.10M | 287.10M | 312.90M | 418.70M | 407.60M | 421.60M | 308.50M | 216.70M | 301.50M | 368.90M | 305.90M | 333.80M | 318.40M | - | - | 351.00M | 390.50M | 670.50M | 273.00M | 374.30M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 271.80M | 310.80M | 520.90M | 218.00M | 294.10M |
| Gross Profit | 46.66M | 18.58M | -24.95M | 17.40M | 17.35M | -28.33M | 11.56M | 11.25M | 10.06M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 79.20M | 79.70M | 149.60M | 55.00M | 80.20M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 38.40M | 37.40M | 42.60M | 36.50M | 37.90M |
| Operating Income | 29.93M | 13.59M | 69.53M | 6.26M | 50.98M | 36.23M | 6.96M | 12.38M | -15.82M | 3.60M | 8.41M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 40.80M | 42.30M | 107.00M | 18.50M | 42.30M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 41.80M | 43.10M | 107.90M | 19.40M | 43.00M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 40.70M | 43.60M | 113.10M | 20.80M | 43.90M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.10M | 10.70M | 26.20M | 5.40M | 11.70M |
| Net Income | -6.17M | -4.38M | 9.61M | 9.66M | 43.74M | 25.20M | -2.58M | 45.20M | -17.60M | 4.50M | 9.40M | 54.90M | 3.30M | 10.10M | 6.90M | 12.70M | 16.90M | 9.60M | 10.10M | 24.20M | 22.00M | 28.40M | 15.80M | 44.00M | 40.50M | 47.80M | 39.70M | 20.80M | 26.90M | 46.80M | 38.20M | 45.00M | 38.70M | - | - | 31.60M | 32.90M | 86.90M | 15.40M | 32.10M |
| Diluted EPS | -0.14 | -0.10 | 0.23 | 0.23 | 1.03 | 0.59 | -0.06 | 1.06 | -0.42 | 0.11 | 0.22 | 1.31 | 0.08 | 0.24 | 0.16 | 0.30 | 0.35 | 0.20 | 0.21 | 0.50 | 0.46 | 0.59 | 0.32 | 0.89 | 0.81 | 0.96 | 0.80 | 0.42 | 0.54 | 0.93 | 0.76 | 0.89 | 0.76 | - | - | 0.62 | 0.65 | 1.70 | 0.30 | 0.63 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Sep 2019 | Sep 2020 | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 114.30M | 428.30M | 931.80M | - | 1.52B | 1.44B | 1.51B | 1.66B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | 1.20B | 1.13B | 1.15B | 1.30B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | 324.00M | 304.10M | 359.30M | 363.50M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | 93.60M | 97.70M | 118.50M | 154.40M |
| Operating Income | 125.06M | 18.89M | 58.12M | 27.16M | 46.58M | 70.56M | 23.94M | 140.35M | 39.77M | - | - | - | 230.40M | 206.40M | 240.80M | 209.10M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | 233.10M | 209.40M | 243.80M | 212.60M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | 235.80M | 221.60M | 270.10M | 219.30M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | 57.00M | 54.70M | 66.70M | 51.40M |
| Net Income | 59.11M | 5.12M | 7.15M | 12.94M | 29.32M | 16.58M | -213.05M | 58.65M | 50.30M | 33.00M | 60.80M | - | 178.80M | 166.90M | 203.40M | 167.90M |
| Diluted EPS | 1.64 | 0.14 | 0.20 | 0.36 | 0.80 | 0.38 | -6.22 | 1.38 | 1.19 | 0.79 | 1.26 | - | 3.59 | 3.33 | 4.00 | 3.29 |
Compounded Sales Growth
| 5 Years: | 3.05% |
| 1 Year: | -3.00% |
Compounded Profit Growth
| 5 Years: | -2.07% |
| 1 Year: | 22.30% |
Stock Price Performance
| 1 Year: | +43.45% |
| 6 Months: | +7.89% |
| 3 Months: | -4.35% |
| 1 Month: | -0.29% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Sep 2018 | Sep 2019 | Sep 2020 | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 789.32M | 794.86M | 918.43M | 1.17B | 1.26B | 972.25M | 733.21M | 761.91M | 893.10M | 1.46B | 1.74B | - | 2.34B | 2.47B | 2.84B | 3.14B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 295.10M | 657.40M | 531.70M | 418.30M |
| Cash & Equivalents | 8.13M | 21.05M | 5.37M | 18.28M | 10.36M | 192.31M | 170.13M | 96.44M | 265.80M | 321.78M | 318.80M | 382.80M | 394.30M | - | 264.80M | 616.00M | 481.20M | 379.20M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.40M | 25.70M | 28.40M | 20.20M |
| Total Liabilities | - | - | 275.05M | 283.64M | 384.89M | 456.75M | 548.46M | 468.13M | 171.09M | 156.28M | 218.60M | 646.80M | 868.10M | - | 1.14B | 1.10B | 1.25B | 1.37B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 391.70M | 343.30M | 455.20M | 442.70M |
| Long Term Debt | - | - | 221.59M | 221.59M | 294.06M | 357.41M | 432.74M | 381.51M | 110.36M | 108.43M | 111.70M | 460.50M | 641.10M | - | 706.00M | 695.00M | 706.40M | 802.70M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 714.10M | 703.10M | 716.60M | 817.10M |
| Total Equity | - | - | 509.56M | 509.53M | 529.49M | 709.85M | 707.20M | 501.60M | 560.65M | 604.21M | 673.30M | 808.30M | 870.90M | - | 1.20B | 1.37B | 1.59B | 1.77B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 49.76M | 49.90M | 50.65M | 50.83M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Sep 2019 | Sep 2020 | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 142.12M | 13.55M | 39.85M | -22.22M | 88.78M | 107.08M | 35.13M | 66.88M | -15.30M | -391.20M | -168.40M | - | 108.70M | 364.10M | -158.40M | -197.70M |
| Investing Cash Flow | -6.37M | -26.60M | -4.89M | -105.12M | -103.93M | -129.73M | -60.33M | 420.74M | 134.50M | -800.00K | 5.00M | - | 1.30M | 300.00K | 7.30M | 3.20M |
| Financing Cash Flow | -122.82M | -2.64M | -22.04M | 119.42M | 197.10M | 469.00K | -48.48M | -318.26M | -22.50M | 439.80M | 174.90M | - | 1.20M | -13.20M | 16.30M | 92.50M |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | -900.00K | -600.00K | - | -3.50M | -1.30M | -2.20M | -2.20M |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | -392.10M | -169.00M | - | 105.20M | 362.80M | -160.60M | -199.90M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | 111.20M | 351.20M | -134.80M | -102.00M |
| Share Buybacks | - | 15.18M | 12.98M | 1.41M | 0 | 24.59M | 0 | 3.54M | 0 | - | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Sep 2019 | Sep 2020 | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | 21.3% | 21.2% | 23.8% | 21.9% |
| Operating Margin % | - | - | - | - | - | - | - | - | 34.8% | - | - | - | 15.2% | 14.4% | 16.0% | 12.6% |
| Net Margin % | - | - | - | - | - | - | - | - | 44.0% | 7.7% | 6.5% | - | 11.8% | 11.6% | 13.5% | 10.1% |
| ROE % | - | 1.0% | 1.4% | 2.4% | 4.1% | 2.3% | -42.5% | 10.5% | 8.3% | 4.1% | 7.0% | - | 14.9% | 12.2% | 12.8% | 9.5% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | 11.8% | 9.7% | 10.1% | 7.8% |
Shareholding Pattern
Insiders
62.26%
Institutions
37.41%
Public Float
99.13%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Dimensional Fund Advisors LP | 5.50% | 2.81M | $77.08M |
| 2 | Vanguard Portfolio Management LLC | 3.55% | 1.81M | $49.79M |
| 3 | Blackrock Inc. | 3.21% | 1.64M | $44.92M |
| 4 | Vanguard Capital Management LLC | 1.73% | 880.45K | $24.19M |
| 5 | American Century Companies Inc | 1.59% | 809.59K | $22.24M |
| 6 | Goldman Sachs Group Inc | 1.10% | 562.73K | $15.46M |
| 7 | Geode Capital Management, LLC | 1.01% | 516.84K | $14.20M |
| 8 | Royal Bank of Canada | 1.00% | 512.43K | $14.08M |
| 9 | Heartland Advisors Inc. | 0.99% | 505.09K | $13.87M |
| 10 | Ameriprise Financial, Inc. | 0.99% | 504.35K | $13.85M |
Analyst View
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