Forestar Group Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 10 out of 41 in the Construction & Engineering industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 35.33.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Forestar Group Inc's Score
Industry at a Glance
Industry Ranking
10 / 41
Overall Ranking
103 / 4564
Industry
Construction & Engineering
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Forestar Group Inc Highlights
StrengthsRisks
Forestar Group Inc. is a residential lot development company, which is focused on making investments in land acquisition and development to sell finished single-family residential lots to homebuilders. It manages its operations through its real estate segment. Its real estate segment conducts a wide range of project planning and management activities related to the entitlement, acquisition, community development and sale of residential lots. It primarily invests in entitled short-duration projects that can be developed in phases, enables to complete and sell lots at a pace that matches market demand. The Company has diversified its lot development operations across 62 markets in 24 states. Its customers are primarily local, regional and national homebuilders.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 15.69% year-on-year.
Overvalued
The company’s latest PE is 9.51, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 18.81M shares, decreasing 10.01% quarter-over-quarter.
Forestar Group Inc. is a residential lot development company, which is focused on making investments in land acquisition and development to sell finished single-family residential lots to homebuilders. It manages its operations through its real estate segment. Its real estate segment conducts a wide range of project planning and management activities related to the entitlement, acquisition, community development and sale of residential lots. It primarily invests in entitled short-duration projects that can be developed in phases, enables to complete and sell lots at a pace that matches market demand. The Company has diversified its lot development operations across 62 markets in 24 states. Its customers are primarily local, regional and national homebuilders.