FORESTAR GROUP

Presentation Operator MessageOperator Good afternoon, and welcome to Forestar''s First Quarter 2023 Earnings Conference Call. I will now turn the call over to Katie Smith…

Forestar Group Inc. (NYSE:NYSE:FOR) Q1 2023 Earnings Conference Call January 24, 2023 5:00 PM ETCompany ParticipantsKatie Smith - Director of Finance and Investor RelationsDan Bartok -…

The following slide deck was published by Forestar Group Inc.

Forestar Group Misses Q1 EPS by 12c

Forestar earnings missed by $0.12, revenue fell short of estimates

Forestar Group Inc with ticker code (FOR) have now 2 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 18 and 16 with a mean TP of 17. Given that the stocks previous close was at 10.67 this would imply there is a potential upside of 59.3%. The 50 day MA is 11.92 while the 200 day moving average is 15.33. The company has a market cap of $559m. Visit the company website at: https://www.forestar.com [stock_market_widget type="chart" template="basic" color="green" assets="FOR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $891m based on the market concensus. Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to homebuilders. The company is headquartered in Arlington, Texas.

NAHB sentiment index in September fell to its lowest level since the early days of the pandemic. Find out why Forestar Group (FOR) is a Buy.

Forestar Group Inc found using ticker (FOR) now have 2 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 20 and 16 with the average target price sitting at 18. Given that the stocks previous close was at 11.2 this now indicates there is a potential upside of 60.7%. There is a 50 day moving average of 12.7 and the 200 day MA is 16.11. The market capitalisation for the company is $599m. You can visit the company''s website by visiting: https://www.forestar.com [stock_market_widget type="chart" template="basic" color="green" assets="FOR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $963m based on the market concensus. Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to homebuilders.

Forestar Group (FOR) promotes Mark Walker to Chief Operating Officer, effective October 1, 2022

Forestar Group Inc with ticker code (FOR) have now 2 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 20 and 16 with a mean TP of 18. Now with the previous closing price of 11.5 this would imply there is a potential upside of 56.5%. The day 50 moving average is 13.06 and the 200 moving average now moves to 16.4. The company has a market cap of $569m. Company Website: https://www.forestar.com [stock_market_widget type="chart" template="basic" color="green" assets="FOR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $891m based on the market concensus. Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to homebuilders. The company is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R.

Forestar Group Inc found using ticker (FOR) now have 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 25 and 16 with a mean TP of 19.67. Now with the previous closing price of 12.6 this would imply there is a potential upside of 56.1%. The 50 day moving average now sits at 13.83 and the 200 moving average now moves to 17.18. The company has a market cap of $632m. Find out more information at: https://www.forestar.com [stock_market_widget type="chart" template="basic" color="green" assets="FOR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $987m based on the market concensus. Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to homebuilders. The company is headquartered in Arlington, Texas.

Forestar Group Inc with ticker code (FOR) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 25 and 16 with the average target price sitting at 19.67. Given that the stocks previous close was at 12.71 this indicates there is a potential upside of 54.8%. There is a 50 day moving average of 13.92 while the 200 day moving average is 17.4. The company has a market cap of $625m. You can visit the company''s website by visiting: https://www.forestar.com [stock_market_widget type="chart" template="basic" color="green" assets="FOR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $968m based on the market concensus. Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to homebuilders. The company is headquartered in Arlington, Texas.

Forestar Group Inc with ticker code (FOR) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 25 and 16 with the average target price sitting at 19.67. Now with the previous closing price of 13.39 this now indicates there is a potential upside of 46.9%. The 50 day moving average now sits at 14.52 and the 200 day moving average is 17.74. The company has a market capitalisation of $646m. Find out more information at: https://www.forestar.com [stock_market_widget type="chart" template="basic" color="green" assets="FOR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $950m based on the market concensus. Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to homebuilders.

Forestar Group Inc found using ticker (FOR) have now 3 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 25 and 16 with the average target price sitting at 19.67. With the stocks previous close at 13.75 this now indicates there is a potential upside of 43.1%. The day 50 moving average is 14.81 and the 200 day moving average is 17.9. The market capitalisation for the company is $674m. Company Website: https://www.forestar.com [stock_market_widget type="chart" template="basic" color="green" assets="FOR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $964m based on the market concensus. Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to homebuilders. The company is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R.

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