Stocks · Real Estate · Real Estate - Development
Forestar Group Inc. FOR
$25.75 -1.08% Close, Oct 2, 2026 · NYSE · Market cap $1.31B
Inexpensive vs sector
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Revenue over the last four quarters was $1.72B, up 11.8% from a year earlier, slowing from 16.1% a quarter earlier.
- Diluted EPS over the last four quarters was $3.33, up 4.4% year over year.
- Over the past year the stock returned -4.3%, behind the S&P 500 by 19.3 percentage points.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 32%
- EPS growth (TTM, YoY)Bottom 45%
- Revenue growth, 3-year CAGRBottom 37%
- Revenue growth accelerationBottom 17%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 33%
- Gross marginBottom 27%
- Operating marginBottom 28%
- Cash conversion (OCF / net income)Bottom 48%
- Accruals (lower is better)Top 45%
- Net debt / EBITDA (lower is better)Top 10%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 9%
- Free-cash-flow yieldTop 10%
- EBITDA / enterprise valueTop 7%
- Sales / enterprise valueTop 4%
- P/E vs own 5-year history (lower is better)Bottom 37%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 49%
- 6-month returnTop 31%
- 1-year return vs S&P 500Top 45%
- Distance from 52-week highTop 47%
- Trend checklist (0–4)Top 41%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 38%
- Consecutive EPS beatsBottom 18%
- Share of analysts rating BuyTop 6%
- Upside to consensus price targetBottom 12%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 32%
- Maximum drawdown, 3 yearsBottom 23%
- Beta vs S&P 500 (lower is better)Top 48%
- Net debt / EBITDA (lower is better)Top 10%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 16.1% | 11.8% | ↓ |
| EPS growth (YoY) | -0.6% | 4.4% | ↑ |
| Gross margin | 22.4% | 21.4% | ↓ |
| Operating margin | 13.1% | 12.4% | ↓ |
| FCF margin | -21.8% | 16.4% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 11.8% | 16.1% | ↓ | Top 32% |
| EPS growth (TTM, YoY) | 4.4% | -0.6% | ↑ | Bottom 45% |
| Gross margin | 21.4% | 22.4% | ↓ | Bottom 27% |
| Operating margin | 12.4% | 13.1% | ↓ | Bottom 28% |
| Net margin | 9.9% | 10.5% | ↓ | — |
| Free-cash-flow margin | 16.4% | -21.8% | ↑ | — |
| Return on invested capital | 5.8% | — | Top 33% | |
| Revenue growth, 3-year CAGR | 3.1% | — | Bottom 37% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.67×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -60.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.86×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.01%
- Shareholder yield
- 0.01%
- Share count change, 1 year
- +0.0%
- Share count change, 3-year CAGR
- +0.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 22, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- +12.9%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $28.38
- Target vs current price
- +10.2%
- Analysts with a rating
- 12
- Share rating Buy or Strong Buy
- 83%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 21, 2026 | -13.6% | -4.2% | +2.4% | +3.4% | — |
| Apr 21, 2026 | -12.5% | +1.1% | +7.2% | -3.0% | +16.9% |
| Jan 20, 2026 | +42.9% | -5.0% | -10.6% | +9.6% | -3.8% |
| Oct 28, 2025 | +34.9% | +7.3% | -1.7% | -6.7% | -5.0% |
| Jul 22, 2025 | -16.7% | +8.2% | +13.5% | +22.6% | +17.4% |
| Apr 17, 2025 | -9.9% | -0.6% | +4.1% | +5.6% | +16.3% |
| Jan 21, 2025 | -50.8% | -9.4% | -10.0% | -11.8% | -28.2% |
| Oct 29, 2024 | +22.1% | -0.2% | -1.4% | -3.3% | -24.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 21, 2026 | $0.70 | $0.81 | -13.6% | $407.0M |
| Apr 21, 2026 | $0.63 | $0.72 | -12.5% | $374.3M |
| Jan 20, 2026 | $0.30 | $0.21 | +42.9% | $273.0M |
| Oct 28, 2025 | $1.70 | $1.26 | +34.9% | $670.5M |
| Jul 22, 2025 | $0.65 | $0.78 | -16.7% | $390.5M |
| Apr 17, 2025 | $0.64 | $0.71 | -9.9% | $351.0M |
| Jan 21, 2025 | $0.32 | $0.65 | -50.8% | $250.4M |
| Oct 29, 2024 | $1.60 | $1.31 | +22.1% | $551.4M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 7.7× | 7.7× | 48th | Top 9% |
| P/E (forward) | 8.9× | — | — | — |
| EV / EBITDA | 7.8× | — | — | Top 7% |
| EV / Sales | 1.00× | — | — | Top 4% |
| Free-cash-flow yield | 21.56% | — | — | Top 10% |
| Earnings yield | 12.93% | — | — | Top 9% |
P/E over the past five years
Range 3.8× – 11.2× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -4.3%
- Earnings per share growth (TTM)
- +4.4%
- Change in P/E multiple
- +2.1%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -4.9%
- 200-day average slope (20 days)
- +0.5%
- Distance from 50-day average
- -7.8%
- Distance from 200-day average
- -6.1%
- RSI (14)
- 36.0
- Relative volume
- 0.85×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 28.4%
- Volatility vs own 5-year history
- 6th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.57
- Correlation with S&P 500
- 0.26
- Current drawdown from 1-year high
- -19.5%
- Maximum drawdown, 3 years
- -54.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 16, 2021 | Oct 21, 2022 | -59.6% | 383 days | 186 days (Jul 21, 2023) |
| Apr 9, 2024 | Apr 21, 2025 | -54.7% | 258 days | Not yet recovered |
| Aug 7, 2023 | Oct 19, 2023 | -26.0% | 52 days | 18 days (Nov 14, 2023) |
| Oct 12, 2020 | Oct 30, 2020 | -13.0% | 14 days | 11 days (Nov 16, 2020) |
| Jan 22, 2024 | Feb 5, 2024 | -12.5% | 10 days | 21 days (Mar 6, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.31B
- P/E (TTM)
- 7.7
- EPS, diluted (TTM)
- $3.33
- Revenue (TTM)
- $1.72B
- 52-week range
- $22.81 – $32.06
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.33B | $1.52B | $1.44B | $1.51B | $1.66B |
| Gross profit | $229.2M | $324.0M | $304.1M | $359.3M | $363.5M |
| Operating income | $160.8M | $230.4M | $206.4M | $240.8M | $209.1M |
| Net income | $110.2M | $178.8M | $166.9M | $203.4M | $167.9M |
| EPS (diluted) | $2.25 | $3.59 | $3.33 | $4.00 | $3.29 |
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $551.4M | $250.4M | $351.0M | $390.5M | $670.5M | $273.0M | $374.3M | $407.0M |
| Net income | $81.6M | $16.5M | $31.6M | $32.9M | $87.0M | $15.4M | $32.1M | $35.9M |
| EPS (diluted) | $1.60 | $0.32 | $0.62 | $0.65 | $1.70 | $0.30 | $0.63 | $0.70 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$303.1M | $108.7M | $364.1M | -$158.4M | -$197.7M |
| Capital expenditure | -$1.6M | -$3.5M | -$1.3M | -$2.2M | -$2.2M |
| Free cash flow | -$304.7M | $105.2M | $362.8M | -$160.6M | -$199.9M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $32.8M | $1.2M | -$700,000 | $16.3M | -$1.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $394.9M
- Total assets
- $3.22B
- Total liabilities
- $1.36B
- Total debt
- $810.2M
- Net debt
- $415.3M
- Shareholders’ equity
- $1.86B
As of Jun 30, 2026 (filed Jul 22, 2026).
Short interest
- Shares sold short
- 762,209
- Days to cover
- 5.54
- Change vs previous report
- +19.1%
FINRA short interest, settlement date Sep 15, 2026.