Forestar Group Inc (NYSE:FOR) Receives $32.67 Average Target Price from Analysts

Posted by Brian Himes on Aug 24th, 2026

Forestar Group Inc (NYSE:FOR – Get Free Report) has been given an average rating of “Hold” by the six brokerages that are covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $32.6667.

Several research analysts have issued reports on the company. Citizens Jmp reaffirmed a “market outperform” rating and issued a $35.00 price target on shares of Forestar Group in a report on Wednesday, July 22nd. Weiss Ratings raised Forestar Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th.

View Our Latest Report on FOR

Forestar Group Stock Performance

Shares of FOR opened at $29.15 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.44 and a quick ratio of 1.44. The firm’s 50 day moving average is $29.54 and its 200-day moving average is $27.92. Forestar Group has a 12-month low of $22.81 and a 12-month high of $32.06. The stock has a market capitalization of $1.49 billion, a P/E ratio of 8.75 and a beta of 1.41.

Forestar Group (NYSE:FOR – Get Free Report) last released its earnings results on Tuesday, July 21st. The oil and gas exploration company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.11). The business had revenue of $407.00 million for the quarter, compared to analyst estimates of $437.73 million. Forestar Group had a net margin of 9.88% and a return on equity of 9.42%. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.65 earnings per share.

Hedge Funds Weigh In On Forestar Group

A number of hedge funds and other institutional investors have recently modified their holdings of FOR. Vanguard Group Inc. increased its stake in Forestar Group by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 2,813,034 shares of the oil and gas exploration company’s stock worth $69,285,000 after purchasing an additional 43,440 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Forestar Group by 1.1% during the first quarter. Dimensional Fund Advisors LP now owns 2,805,806 shares of the oil and gas exploration company’s stock valued at $68,573,000 after buying an additional 30,347 shares in the last quarter. BlackRock Inc. purchased a new stake in Forestar Group during the second quarter valued at about $56,174,000. Ameriprise Financial Inc. boosted its holdings in shares of Forestar Group by 232.9% in the second quarter. Ameriprise Financial Inc. now owns 529,863 shares of the oil and gas exploration company’s stock worth $10,597,000 after buying an additional 370,685 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of Forestar Group by 2.2% in the fourth quarter. Royal Bank of Canada now owns 511,362 shares of the oil and gas exploration company’s stock worth $12,594,000 after buying an additional 10,987 shares during the period. Institutional investors and hedge funds own 35.50% of the company’s stock.

Forestar Group Company Profile

(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.