(FOR) Forestar - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US3462321015
Stock: Residential Lots, Land Development, Infrastructure
Total Rating 54
Risk 78
Buy Signal -0.26
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 41.0% |
| Relative Tail Risk | -13.4% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.68 |
| Alpha | 12.93 |
| Character TTM | |
|---|---|
| Beta | 0.767 |
| Beta Downside | 0.624 |
| Drawdowns 3y | |
|---|---|
| Max DD | 54.72% |
| CAGR/Max DD | 0.49 |
Description: FOR Forestar January 20, 2026
Forestar Group Inc. (NYSE: FOR) is a U.S.-based residential lot developer that purchases raw land, installs essential infrastructure, and sells finished single-family lots to homebuilders ranging from local contractors to national builders. Established in 2005 and headquartered in Arlington, Texas, the company operates as a subsidiary of D.R. Horton, the nation’s largest homebuilder.
Key operating metrics show FY 2023 revenue of roughly $1.2 billion with a net income margin near 8 %, while the firm held an inventory of about 4,800 developable lots at quarter-end, reflecting a 12 % year-over-year increase in lot supply. The business is highly sensitive to macro-drivers such as residential mortgage rates, housing-starts trends, and regional population growth-particularly in Sun Belt metros where demand for new single-family homes remains robust.
For a deeper, data-driven view of FOR’s valuation dynamics and how its lot-development model stacks up against peers, you might explore the analytics platform ValueRay for additional insight.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 166.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 18.27 > 1.0 |
| NWC/Revenue: -13.10% < 20% (prev 8.65%; Δ -21.75% < -1%) |
| CFO/TA 0.03 > 3% & CFO 95.3m > Net Income 166.9m |
| Net Debt (598.1m) to EBITDA (211.3m): 2.83 < 3 |
| Current Ratio: 0.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (51.0m) vs 12m ago -0.17% < -2% |
| Gross Margin: 21.57% > 18% (prev 0.24%; Δ 2134 % > 0.5%) |
| Asset Turnover: 54.91% > 50% (prev 49.11%; Δ 5.80% > 0%) |
| Interest Coverage Ratio: -6.77 > 6 (EBITDA TTM 211.3m / Interest Expense TTM -28.1m) |
Altman Z'' 1.89
| A: -0.07 (Total Current Assets 250.4m - Total Current Liabilities 471.2m) / Total Assets 3.18b |
| B: 0.33 (Retained Earnings 1.06b / Total Assets 3.18b) |
| C: 0.06 (EBIT TTM 190.1m / Avg Total Assets 3.07b) |
| D: 0.80 (Book Value of Equity 1.11b / Total Liabilities 1.39b) |
| Altman-Z'' Score: 1.89 = BBB |
Beneish M -3.26
| DSRI: 0.47 (Receivables 20.0m/36.4m, Revenue 1.69b/1.45b) |
| GMI: 1.09 (GM 21.57% / 23.55%) |
| AQI: 0.97 (AQ_t 0.90 / AQ_t-1 0.93) |
| SGI: 1.16 (Revenue 1.69b / 1.45b) |
| TATA: 0.02 (NI 166.9m - CFO 95.3m) / TA 3.18b) |
| Beneish M-Score: -3.26 (Cap -4..+1) = AA |
What is the price of FOR shares?
As of February 07, 2026, the stock is trading at USD 29.27 with a total of 185,313 shares traded.
Over the past week, the price has changed by +12.49%, over one month by +15.87%, over three months by +19.57% and over the past year by +25.57%.
Over the past week, the price has changed by +12.49%, over one month by +15.87%, over three months by +19.57% and over the past year by +25.57%.
Is FOR a buy, sell or hold?
Forestar has received a consensus analysts rating of 4.50.
Therefore, it is recommended to buy FOR.
- StrongBuy: 3
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the FOR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 33 | 12.7% |
| Analysts Target Price | 33 | 12.7% |
| ValueRay Target Price | 33.3 | 13.8% |
FOR Fundamental Data Overview February 02, 2026
P/E Trailing = 7.9088
P/S = 0.7859
P/B = 0.7369
P/EG = 3.5
Revenue TTM = 1.69b USD
EBIT TTM = 190.1m USD
EBITDA TTM = 211.3m USD
Long Term Debt = 793.2m USD (from longTermDebt, last quarter)
Short Term Debt = 9.90m USD (from shortTermDebt, last fiscal year)
Debt = 809.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 598.1m USD (from netDebt column, last quarter)
Enterprise Value = 1.92b USD (1.32b + Debt 809.8m - CCE 211.7m)
Interest Coverage Ratio = -6.77 (Ebit TTM 190.1m / Interest Expense TTM -28.1m)
EV/FCF = 20.52x (Enterprise Value 1.92b / FCF TTM 93.7m)
FCF Yield = 4.87% (FCF TTM 93.7m / Enterprise Value 1.92b)
FCF Margin = 5.56% (FCF TTM 93.7m / Revenue TTM 1.69b)
Net Margin = 9.91% (Net Income TTM 166.9m / Revenue TTM 1.69b)
Gross Margin = 21.57% ((Revenue TTM 1.69b - Cost of Revenue TTM 1.32b) / Revenue TTM)
Gross Margin QoQ = 20.15% (prev 22.31%)
Tobins Q-Ratio = 0.61 (Enterprise Value 1.92b / Total Assets 3.18b)
Interest Expense / Debt = 0.25% (Interest Expense 2.00m / Debt 809.8m)
Taxrate = 25.96% (5.40m / 20.8m)
NOPAT = 140.7m (EBIT 190.1m * (1 - 25.96%))
Current Ratio = 0.53 (Total Current Assets 250.4m / Total Current Liabilities 471.2m)
Debt / Equity = 0.45 (Debt 809.8m / totalStockholderEquity, last quarter 1.79b)
Debt / EBITDA = 2.83 (Net Debt 598.1m / EBITDA 211.3m)
Debt / FCF = 6.38 (Net Debt 598.1m / FCF TTM 93.7m)
Total Stockholder Equity = 1.72b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.44% (Net Income 166.9m / Total Assets 3.18b)
RoE = 9.70% (Net Income TTM 166.9m / Total Stockholder Equity 1.72b)
RoCE = 7.56% (EBIT 190.1m / Capital Employed (Equity 1.72b + L.T.Debt 793.2m))
RoIC = 5.51% (NOPAT 140.7m / Invested Capital 2.55b)
WACC = 5.49% (E(1.32b)/V(2.13b) * Re(8.74%) + D(809.8m)/V(2.13b) * Rd(0.25%) * (1-Tc(0.26)))
Discount Rate = 8.74% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.53%
[DCF Debug] Terminal Value 88.43% ; FCFF base≈93.7m ; Y1≈115.6m ; Y5≈196.9m
Fair Price DCF = 100.9 (EV 5.73b - Net Debt 598.1m = Equity 5.13b / Shares 50.9m; r=5.90% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -17.22 | EPS CAGR: -27.84% | SUE: -0.06 | # QB: 0
Revenue Correlation: 16.48 | Revenue CAGR: -10.94% | SUE: 0.12 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.64 | Chg30d=-0.019 | Revisions Net=-2 | Analysts=3
EPS current Year (2026-09-30): EPS=3.03 | Chg30d=-0.000 | Revisions Net=-1 | Growth EPS=-8.4% | Growth Revenue=-0.5%
EPS next Year (2027-09-30): EPS=3.37 | Chg30d=-0.119 | Revisions Net=-2 | Growth EPS=+11.4% | Growth Revenue=+7.7%
P/S = 0.7859
P/B = 0.7369
P/EG = 3.5
Revenue TTM = 1.69b USD
EBIT TTM = 190.1m USD
EBITDA TTM = 211.3m USD
Long Term Debt = 793.2m USD (from longTermDebt, last quarter)
Short Term Debt = 9.90m USD (from shortTermDebt, last fiscal year)
Debt = 809.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 598.1m USD (from netDebt column, last quarter)
Enterprise Value = 1.92b USD (1.32b + Debt 809.8m - CCE 211.7m)
Interest Coverage Ratio = -6.77 (Ebit TTM 190.1m / Interest Expense TTM -28.1m)
EV/FCF = 20.52x (Enterprise Value 1.92b / FCF TTM 93.7m)
FCF Yield = 4.87% (FCF TTM 93.7m / Enterprise Value 1.92b)
FCF Margin = 5.56% (FCF TTM 93.7m / Revenue TTM 1.69b)
Net Margin = 9.91% (Net Income TTM 166.9m / Revenue TTM 1.69b)
Gross Margin = 21.57% ((Revenue TTM 1.69b - Cost of Revenue TTM 1.32b) / Revenue TTM)
Gross Margin QoQ = 20.15% (prev 22.31%)
Tobins Q-Ratio = 0.61 (Enterprise Value 1.92b / Total Assets 3.18b)
Interest Expense / Debt = 0.25% (Interest Expense 2.00m / Debt 809.8m)
Taxrate = 25.96% (5.40m / 20.8m)
NOPAT = 140.7m (EBIT 190.1m * (1 - 25.96%))
Current Ratio = 0.53 (Total Current Assets 250.4m / Total Current Liabilities 471.2m)
Debt / Equity = 0.45 (Debt 809.8m / totalStockholderEquity, last quarter 1.79b)
Debt / EBITDA = 2.83 (Net Debt 598.1m / EBITDA 211.3m)
Debt / FCF = 6.38 (Net Debt 598.1m / FCF TTM 93.7m)
Total Stockholder Equity = 1.72b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.44% (Net Income 166.9m / Total Assets 3.18b)
RoE = 9.70% (Net Income TTM 166.9m / Total Stockholder Equity 1.72b)
RoCE = 7.56% (EBIT 190.1m / Capital Employed (Equity 1.72b + L.T.Debt 793.2m))
RoIC = 5.51% (NOPAT 140.7m / Invested Capital 2.55b)
WACC = 5.49% (E(1.32b)/V(2.13b) * Re(8.74%) + D(809.8m)/V(2.13b) * Rd(0.25%) * (1-Tc(0.26)))
Discount Rate = 8.74% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.53%
[DCF Debug] Terminal Value 88.43% ; FCFF base≈93.7m ; Y1≈115.6m ; Y5≈196.9m
Fair Price DCF = 100.9 (EV 5.73b - Net Debt 598.1m = Equity 5.13b / Shares 50.9m; r=5.90% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -17.22 | EPS CAGR: -27.84% | SUE: -0.06 | # QB: 0
Revenue Correlation: 16.48 | Revenue CAGR: -10.94% | SUE: 0.12 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.64 | Chg30d=-0.019 | Revisions Net=-2 | Analysts=3
EPS current Year (2026-09-30): EPS=3.03 | Chg30d=-0.000 | Revisions Net=-1 | Growth EPS=-8.4% | Growth Revenue=-0.5%
EPS next Year (2027-09-30): EPS=3.37 | Chg30d=-0.119 | Revisions Net=-2 | Growth EPS=+11.4% | Growth Revenue=+7.7%