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Forestar Group Inc is a real estate-development business based in the US. Forestar Group shares (FOR) are listed on the NYSE and all prices are listed in US Dollars. Forestar Group employs 143 staff and has a trailing 12-month revenue of around USD$931.8 million.
|Latest market close||USD$20.77|
|52-week range||USD$9.43 - USD$23.11|
|50-day moving average||USD$19.6188|
|200-day moving average||USD$17.7923|
|Wall St. target price||USD$23.2|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$1.26|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-14)||-5.63%|
|1 month (2020-12-22)||0.68%|
|3 months (2020-10-21)||17.28%|
|6 months (2020-07-21)||29.81%|
|1 year (2020-01-21)||-8.26%|
|2 years (2019-01-18)||37.46%|
|3 years (2018-01-19)||21.9|
|5 years (2016-01-21)||135.22%|
Valuing Forestar Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Forestar Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Forestar Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Forestar Group shares trade at around 17x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Forestar Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.5. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Forestar Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Forestar Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$77.3 million.
The EBITDA is a measure of a Forestar Group's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$931.8 million|
|Operating margin TTM||7.77%|
|Gross profit TTM||USD$118.1 million|
|Return on assets TTM||2.83%|
|Return on equity TTM||7.34%|
|Market capitalisation||USD$1 billion|
TTM: trailing 12 months
There are currently 461,935 Forestar Group shares held short by investors – that's known as Forestar Group's "short interest". This figure is 2.4% down from 473,271 last month.
There are a few different ways that this level of interest in shorting Forestar Group shares can be evaluated.
Forestar Group's "short interest ratio" (SIR) is the quantity of Forestar Group shares currently shorted divided by the average quantity of Forestar Group shares traded daily (recently around 74266.077170418). Forestar Group's SIR currently stands at 6.22. In other words for every 100,000 Forestar Group shares traded daily on the market, roughly 6220 shares are currently held short.
However Forestar Group's short interest can also be evaluated against the total number of Forestar Group shares, or, against the total number of tradable Forestar Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Forestar Group's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Forestar Group shares in existence, roughly 10 shares are currently held short) or 0.0279% of the tradable shares (for every 100,000 tradable Forestar Group shares, roughly 28 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Forestar Group.
Find out more about how you can short Forestar Group stock.
We're not expecting Forestar Group to pay a dividend over the next 12 months.
Over the last 12 months, Forestar Group's shares have ranged in value from as little as $9.43 up to $23.11. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Forestar Group's is 2.1958. This would suggest that Forestar Group's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Forestar Group Inc. operates as a residential lot development company in the United States. It engages in the acquisition, entitlement, and development of infrastructure for single-family residential communities. Forestar Group Inc. sells residential lots primarily to homebuilders. The company was incorporated in 1955 and is headquartered in Arlington, Texas. Forestar Group Inc. operates as a subsidiary of D.R. Horton, Inc.
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