Janney Montgomery Scott LLC Takes $557,000 Position in Forestar Group Inc $FOR

Posted by Francis Steltz on Jul 16th, 2026

Janney Montgomery Scott LLC acquired a new stake in Forestar Group Inc (NYSE:FOR – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 22,780 shares of the oil and gas exploration company’s stock, valued at approximately $557,000.

A number of other large investors have also recently bought and sold shares of FOR. Total Wealth Planning & Management Inc. bought a new position in Forestar Group during the fourth quarter valued at about $552,000. Vanguard Group Inc. increased its holdings in shares of Forestar Group by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 2,813,034 shares of the oil and gas exploration company’s stock valued at $69,285,000 after acquiring an additional 43,440 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Forestar Group by 63.7% during the 1st quarter. NewEdge Advisors LLC now owns 4,829 shares of the oil and gas exploration company’s stock valued at $102,000 after acquiring an additional 1,879 shares during the last quarter. Strs Ohio bought a new position in shares of Forestar Group in the 1st quarter valued at approximately $74,000. Finally, State of Wyoming bought a new position in shares of Forestar Group in the 4th quarter valued at approximately $66,000. 35.50% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on FOR shares. BTIG Research started coverage on Forestar Group in a research report on Monday, March 30th. They set a “hold” rating for the company. Zacks Research lowered shares of Forestar Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. Finally, Weiss Ratings cut shares of Forestar Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 18th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Forestar Group currently has a consensus rating of “Hold” and a consensus price target of $32.67.

View Our Latest Report on Forestar Group

Forestar Group Trading Up 0.3%

Shares of Forestar Group stock opened at $30.42 on Thursday. Forestar Group Inc has a 52-week low of $21.53 and a 52-week high of $32.06. The firm has a market capitalization of $1.55 billion, a PE ratio of 9.28 and a beta of 1.39. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.36 and a quick ratio of 1.36. The company’s fifty day moving average price is $28.58 and its two-hundred day moving average price is $27.32.

Forestar Group (NYSE:FOR – Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The oil and gas exploration company reported $0.63 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.09). Forestar Group had a return on equity of 9.49% and a net margin of 9.80%.The business had revenue of $374.30 million for the quarter, compared to the consensus estimate of $372.56 million. During the same period in the previous year, the business posted $0.62 earnings per share. Forestar Group’s revenue was up 6.6% on a year-over-year basis.

Forestar Group Profile

(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.