Forestar missed earnings and revenue for the third straight quarter as housing affordability headwinds squeezed the land developer, though management is sticking to full-year guidance backed by $2.3 billion in contracted future revenue.
Forestar Group :
FOR
FOR
Stock Data
$29.64
$0.43 (1.47%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
REAL ESTATE
Industry
REAL ESTATE - DEVELOPMENT
Forestar Group Inc specializes in developing residential lots across the United States. Founded in 2005 and based in Arlington, Texas, this company focuses on acquiring land and preparing it for single-family homes. These developed lots are then sold to a variety of homebuilders, ranging from local to national companies. As a key player in the housing development sector, Forestar operates under the umbrella of D.R. Horton, Inc., a major name in home construction.
Latest Activity
Q3 2026
EPS
$0.70
est $0.81-13.6%
Revenue
$407M
est $438M-7.0%
All Forestar Group Articles
2 Articles