Forestar Group Inc. (FOR)Real Estate | Real Estate - Development | Arlington, United States | NYSE
24.78 USD
-0.63
(-2.479%) ⇩
(Oct. 14, 2026, 3:59 p.m.
EDT)
After hours: 24.85 +0.07 (0.282%) ⇧ (Oct. 14, 2026, 4 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 1:11 a.m. EDT
Forestar Group presents a classic value trap scenario where the math looks attractive but the market has priced in severe structural issues. While the stock trades at a discount to book value and offers a low P/E, the company is trapped in a multi-year decline with negative revenue growth and deteriorating fundamentals. The market is not seeing a bargain here; it is pricing in a continued struggle for the development business. The short-term outlook remains bearish due to the overwhelming options positioning. The sheer volume of put open interest at strikes significantly below the current price signals that traders expect a sharp correction, likely testing the $15–$22 support zone. This speculative fear overrides the static valuation metrics. Long-term, the investment case is neutral-to-negative. The company lacks the dominant competitive moat or sustained high-quality growth required to justify a premium or even a stable hold. The balance sheet is manageable but not fortress-like, and the trajectory of declining revenue and earnings suggests the business is failing to adapt to current market dynamics. Until there is clear evidence of a turnaround in lot outlooks and revenue growth, the 'undervalued' label is misleading; the market has correctly identified that the business quality has degraded. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.051038 |
| AutoARIMA | 0.051039 |
| AutoTheta | 0.051071 |
| MSTL | 0.054983 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 38.14 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.105 |
| Excess Kurtosis | -1.45 |
| Attribute | Value |
|---|---|
| Sector | Real Estate |
| Debt to Equity Ratio | 43.611 |
| Revenue per Share | 33.811 |
| Market Cap | 1,263,996,416 |
| Trailing P/E | 7.44 |
| Forward P/E | 8.68 |
| Beta | 1.40 |
| Profit Margins | 9.88% |
| Website | https://www.forestar.com |
As of Oct. 10, 2026, 1:11 a.m. EDT: Speculators are overwhelmingly positioned for downside protection, with massive open interest in deep out-of-the-money puts (strikes 15 and 22.5) expiring in November and December. This 'put wall' suggests a fear of a significant drop to the $15–$22 range within the next few months. Conversely, call activity is sparse and concentrated near the money or slightly out-of-the-money, indicating a lack of aggressive bullish conviction despite the stock trading below book value.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.02344352 |
| Address1 | 2,221 East Lamar Boulevard |
| Address2 | Suite 790 |
| All Time High | 40.92 |
| All Time Low | 2.93 |
| Ask | 24.77 |
| Ask Size | 200 |
| Audit Risk | 8 |
| Average Daily Volume10 Day | 201,330 |
| Average Daily Volume3 Month | 150,165 |
| Average Volume | 150,165 |
| Average Volume10Days | 201,330 |
| Beta | 1.402 |
| Bid | 24.69 |
| Bid Size | 300 |
| Board Risk | 5 |
| Book Value | 36.398 |
| City | Arlington |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 4 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 24.78 |
| Current Ratio | 2.069 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 25.135 |
| Day Low | 24.5654 |
| Debt To Equity | 43.611 |
| Display Name | Forestar |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,793,304,000 |
| Earnings Call Timestamp Start | 1,793,304,000 |
| Earnings Growth | 0.084 |
| Earnings Quarterly Growth | 0.091 |
| Earnings Timestamp | 1,793,277,000 |
| Earnings Timestamp End | 1,793,277,000 |
| Earnings Timestamp Start | 1,793,277,000 |
| Ebitda | 216,900,000 |
| Ebitda Margins | 0.12575 |
| Enterprise To Ebitda | 7.897 |
| Enterprise To Revenue | 0.993 |
| Enterprise Value | 1,712,857,856 |
| Eps Current Year | 2.88 |
| Eps Forward | 2.85333 |
| Eps Trailing Twelve Months | 3.33 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 27.4758 |
| Fifty Day Average Change | -2.6957989 |
| Fifty Day Average Change Percent | -0.09811539 |
| Fifty Two Week Change Percent | -2.344352 |
| Fifty Two Week High | 32.06 |
| Fifty Two Week High Change | -7.2800007 |
| Fifty Two Week High Change Percent | -0.22707425 |
| Fifty Two Week Low | 22.81 |
| Fifty Two Week Low Change | 1.9700012 |
| Fifty Two Week Low Change Percent | 0.086365685 |
| Fifty Two Week Range | 22.81 - 32.06 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,197,556,200,000 |
| Float Shares | 19,274,970 |
| Forward Eps | 2.85333 |
| Forward P E | 8.68459 |
| Free Cashflow | 152,662,496 |
| Full Exchange Name | NYSE |
| Full Time Employees | 402 |
| Fullday Change | 0.39999962 |
| Fullday Change Percent | 1.5993587 |
| Fullday Price | 24.85 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.21388 |
| Gross Profits | 368,900,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0057099997 |
| Held Percent Institutions | 0.38426998 |
| Implied Shares Outstanding | 51,008,733 |
| Industry | Real Estate - Development |
| Industry Disp | Real Estate - Development |
| Industry Key | real-estate-development |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,759,190,400 |
| Long Business Summary | 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. |
| Long Name | Forestar Group Inc. |
| Market | us_market |
| Market Cap | 1,263,996,416 |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_7910540 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 170,400,000 |
| Next Fiscal Year End | 1,790,726,400 |
| Non Diluted Market Cap | 1,364,211,345 |
| Number Of Analyst Opinions | 2 |
| Open | 25.06 |
| Operating Cashflow | 283,900,000 |
| Operating Margins | 0.11253 |
| Overall Risk | 4 |
| Payout Ratio | 0.0 |
| Peg Ratio | 4.9 |
| Phone | 817 769 1860 |
| Post Market Change | 0.069999695 |
| Post Market Change Percent | 0.28248465 |
| Post Market Price | 24.85 |
| Post Market Time | 1,792,008,022 |
| Previous Close | 25.41 |
| Price Eps Current Year | 8.604167 |
| Price Hint | 2 |
| Price To Book | 0.6808067 |
| Price To Sales Trailing12 Months | 0.7328365 |
| Profit Margins | 0.09879 |
| Quick Ratio | 1.853 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.62999916 |
| Regular Market Change Percent | -2.4793355 |
| Regular Market Day High | 25.135 |
| Regular Market Day Low | 24.5654 |
| Regular Market Day Range | 24.5654 - 25.135 |
| Regular Market Open | 25.06 |
| Regular Market Previous Close | 25.41 |
| Regular Market Price | 24.78 |
| Regular Market Time | 1,792,007,988 |
| Regular Market Volume | 144,238 |
| Return On Assets | 0.042129997 |
| Return On Equity | 0.09644 |
| Revenue Growth | 0.042 |
| Revenue Per Share | 33.811 |
| Sand P52 Week Change | 0.17004645 |
| Sector | Real Estate |
| Sector Disp | Real Estate |
| Sector Key | real-estate |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 51,008,733 |
| Shares Percent Shares Out | 0.018 |
| Shares Short | 919,223 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 640,029 |
| Short Name | Forestar Group Inc |
| Short Percent Of Float | 0.0476 |
| Short Ratio | 5.47 |
| Source Interval | 15 |
| State | TX |
| Symbol | FOR |
| Target High Price | 35.0 |
| Target Low Price | 33.0 |
| Target Mean Price | 34.0 |
| Target Median Price | 34.0 |
| Total Cash | 394,900,000 |
| Total Cash Per Share | 7.74 |
| Total Debt | 810,200,000 |
| Total Revenue | 1,724,800,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 3.33 |
| Trailing P E | 7.441442 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 27.43365 |
| Two Hundred Day Average Change | -2.6536484 |
| Two Hundred Day Average Change Percent | -0.09672969 |
| Type Disp | Equity |
| Volume | 144,238 |
| Website | https://www.forestar.com |
| Zip | 76,006 |