Forestar Group Inc (NYSE:FOR) Given Average Recommendation of “Hold” by Brokerages

Posted by Geri Gentry on May 16th, 2026

Forestar Group Inc (NYSE:FOR – Get Free Report) has earned a consensus rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $32.6667.

FOR has been the topic of several recent research reports. BTIG Research initiated coverage on shares of Forestar Group in a report on Monday, March 30th. They issued a “hold” rating on the stock. Citigroup upped their price objective on shares of Forestar Group from $36.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Wall Street Zen downgraded shares of Forestar Group from a “buy” rating to a “hold” rating in a report on Friday, January 23rd. Zacks Research downgraded shares of Forestar Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 30th. Finally, Weiss Ratings raised shares of Forestar Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th.

Read Our Latest Stock Analysis on Forestar Group

Forestar Group Trading Down 3.5%

NYSE FOR opened at $25.53 on Monday. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.44. The firm has a market cap of $1.30 billion, a PE ratio of 7.78 and a beta of 1.45. The company has a 50 day moving average price of $26.02 and a 200 day moving average price of $26.24. Forestar Group has a 52 week low of $18.50 and a 52 week high of $30.74.

Forestar Group (NYSE:FOR – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The oil and gas exploration company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.09). Forestar Group had a return on equity of 9.49% and a net margin of 9.80%.The firm had revenue of $374.30 million for the quarter, compared to the consensus estimate of $372.57 million. During the same quarter last year, the firm earned $0.62 EPS. The company’s revenue was up 6.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Forestar Group will post 3.06 EPS for the current fiscal year.

Hedge Funds Weigh In On Forestar Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FOR. Caitong International Asset Management Co. Ltd lifted its holdings in Forestar Group by 1,206.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 993 shares of the oil and gas exploration company’s stock valued at $26,000 after purchasing an additional 917 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in Forestar Group during the fourth quarter valued at $27,000. Fifth Third Bancorp purchased a new position in Forestar Group during the first quarter valued at $31,000. Comerica Bank lifted its holdings in Forestar Group by 76.5% during the third quarter. Comerica Bank now owns 1,269 shares of the oil and gas exploration company’s stock valued at $34,000 after purchasing an additional 550 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in Forestar Group by 201.1% during the second quarter. Tower Research Capital LLC TRC now owns 2,105 shares of the oil and gas exploration company’s stock valued at $42,000 after purchasing an additional 1,406 shares in the last quarter. 35.50% of the stock is owned by hedge funds and other institutional investors.

About Forestar Group

(Get Free Report)

Forestar Group Inc, headquartered in Austin, Texas, is a residential lot development and management company focused on delivering finished home sites to homebuilders across the United States. The company acquires, entitles and develops land for single-family and multi-family housing, managing zoning, infrastructure and environmental approvals to prepare lots for construction. Forestar’s integrated approach to land development spans from initial site acquisition through final lot delivery, providing homebuilders with ready-to-build parcels in a variety of markets.

In addition to lot development, Forestar operates a retail homebuilding segment through joint ventures and strategic partnerships with national and regional homebuilders.