FORESTAR GROUP INC (FOR)
Real Estate · residential land development · NYSE
Forestar Group is a residential land development company focused on acquiring and developing lots for homebuilders.
What FORESTAR GROUP INC does
Forestar Group Inc. is a residential lot development company that acquires and develops land for residential home construction. The company focuses on producing and selling developed residential lots to homebuilders, operating as a partner to developers in the residential housing market.
Themes: residential housing market, real estate development, land acquisition
Fundamentals
- Price$29.17 as of 2026-08-21 close
- Market cap$1.5B as of 2026-08-21
- 1-year return+8.1% 2025-08-21 close $26.99 → 2026-08-21 close $29.17
- P/E8.74 as of 2026-08-24
- Net margin+9.9% as of 2026-08-24
- Gross margin+22.0% as of 2026-08-24
- ROE+9.4% as of 2026-08-24
- Debt / equity0.43 as of 2026-08-24
- Revenue growth (YoY)+11.8% as of 2026-08-24
- Revenue CAGR (3y)+3.1% SEC XBRL
- Beta1.41 as of 2026-08-24
- Last reported earnings2026-07-21 SEC EDGAR Form 8-K (Item 2.02)
How FOR compares in its sector
- price-to-earnings ratiobottom 10% 127 covered Real Estate peers, as of 2026-08-24
- net profit marginmiddle range 161 covered Real Estate peers, as of 2026-08-24
- operating marginmiddle range 161 covered Real Estate peers, as of 2026-08-24
- gross marginbottom 10% 156 covered Real Estate peers, as of 2026-08-24
- return on equitymiddle range 162 covered Real Estate peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 155 covered Real Estate peers
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 42 covered Real Estate peers, as of FY2025
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How FORESTAR GROUP INC looks technically
FORESTAR GROUP INC (FOR) is trading 7.6% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 53 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 12, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 50, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 24 trading days ago. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move.
Trend
8
| Distance from the 200-day | it is trading 7.6% above its 200-day average, the long-term trend line — a longer-term uptrend | +7.6% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $29.49 | $29.49 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $27.10 | $27.10 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing high 14 calendar days ago — the swings before that are what the structure reading is measured on | 14 sessions |
| Wave structure | its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes above 29.86. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible downward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 53 trading days ago — a "golden cross", a bullish long-term signal | 53 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 12, below the 25 that marks a real trend) | 11.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 50, neither overbought (above 70) nor oversold (below 30) | 50.3 |
|---|---|---|
| Position in its 14-day range | it is trading around the middle of its 14-day range ($28.26 to $29.92) — its "stochastic" reading is 55 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 54.8 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 13 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $32.05 | $32.05 |
|---|---|---|
| From the 52-week high | it is 9.0% below its 52-week high (its highest price of the past year) | -9.0% |
| Above the 52-week low | it is 27.9% above its 52-week low (its lowest price of the past year) | +27.9% |
| Below the 52-week high | it is 9.0% below its highest point of the past year | 9.0% |
| Since a 20-day breakout | it made a new 20-day low about 24 trading days ago | 24 sessions |
| Since a 55-day breakout | it made a new 55-day high about 39 trading days ago | 39 sessions |
| All-time high | its highest closing price on record is $40.92 (set on 2024-03-28) | $40.92 |
| Given back of the 52-week move | over the past year its closes ranged ($23.09 to $31.98), and it has given back roughly a third of its rise from last year’s low — 32% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $26.20 to $26.49. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 31.6% |
| From the all-time high | it is 28.7% below its all-time high | -28.7% |
| Nearest price level | it is trading 1.1% below a resistance level at $29.49 — a price it turned at 7 times since 2024-09-03, most recently on 2026-08-07. Since 2024-08-21 it has 11 such levels below the current price and 3 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +1.1% |
| All-time low | its lowest closing price on record is $2.93 (set on 2008-11-20) | $2.93 |
| Above the all-time low | it is 895.6% above its all-time low | +895.6% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move | 0th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.845 between its high and its low — about 2.9% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.845 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $28.35 and $29.83 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $28.35 – $29.09 – $29.83 |
| Typical daily range (% of price) | its price moves about 2.9% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.9% |
| Stretch from the 200-day average | it is trading 2.5 daily ranges above its 200-day average price (7.6% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 2.5 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.94× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
1
| Since a hammer | 7 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 7 sessions ago |
|---|
Price gaps
1
| Gap at the open | it opened on 2026-08-21 0.6% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.6% |
|---|
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 5.6 percentage points (the stock gained 8.0% while the market gained 2.3%) | +5.6% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 8.2 percentage points (the stock gained 11.3% while the market gained 3.1%) | +8.2% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 13.5 percentage points (the stock lost 2.5% while the market gained 11.1%) | -13.5% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 12.4 percentage points (the stock gained 8.1% while the market gained 20.5%) | -12.4% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: lagging the market over 6 months — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is moderate, spanning 5.6% of the share price. | 0.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 6% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $27.55 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | +5.9% |
|---|---|---|
| Vs the average paid since it last reported | the price is 2% above the average price paid since it last reported on 2026-07-21 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $28.64 — a volume-weighted average of daily closes over 24 sessions, not a true tick-by-tick VWAP. | +1.9% |
Price levels it has turned at before
FOR last closed at $29.17 on 2026-08-21. Since 2024-08-21 it has turned at 11 prices below its last close and 3 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $29.49 | Resistance | 1.1% above the last close | turned there 7 times · 2024-09-03 to 2026-08-07 |
| $28.72 | Support | 1.6% below the last close | turned there three times · 2024-11-19 to 2026-04-28 |
| $27.84 | Support | 4.6% below the last close | turned there four times · 2025-01-17 to 2026-05-11 |
| $31.00 | Resistance | 6.3% above the last close | turned there five times · 2024-10-10 to 2026-07-16 |
| $27.21 | Support | 6.7% below the last close | turned there three times · 2025-09-03 to 2025-12-03 |
| $34.67 | Resistance | 18.9% above the last close | turned there twice · 2024-09-19 to 2024-10-29 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes above $29.86.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $21.56 and $24.73 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close above $29.86.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · in a Bollinger Band volatility squeeze · trendless / choppy (low ADX) · lagging the market · Trading inside the Ichimoku cloud · Near a resistance level (pressing into a price that has capped it before) | Learn: moving average · golden cross · adx · rsi · breakout · bollinger bands
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$34.00 range $33.00 – $35.00
Analyst estimates, as of 2026-08-21. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for FOR
- Consensus EPS estimate$1.26 next reporting period, as of 2026-08-21
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Dependence on the residential housing market and homebuilder demand.","Risks associated with real estate development, including land acquisition and regulatory requirements.","Sensitivity to interest rate fluctuations affecting housing demand and financing costs."]
What changed in the latest 10-Q
AI-assisted comparison of FOR's 10-Q filed 2026-04-23 against the prior one filed 2026-01-22.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-04-23) includes consolidated statements comparing six months ended March 31, 2026 vs. 2025, whereas older filing (2026-01-22) presented only three months ended December 31, 2025 vs. 2024
- Newer filing adds consolidated statement of total equity for six-month period ended March 31, 2026 with comparison to six months ended March 31, 2025
- Newer filing adds consolidated statement of cash flows for six months ended March 31, 2026 vs. six months ended March 31, 2025
- Newer balance sheet (2026-04-23) reflects March 31, 2026 as primary comparison date instead of December 31, 2025
- In consolidated statements of operations (newer filing), 'Loss on extinguishment of debt' line item appears for six-month periods
- In consolidated statements of operations (newer filing), 'Net income attributable to noncontrolling interests' is separately presented for the periods shown
- Removed:
- Older filing (2026-01-22) presented consolidated statements of operations for three months ended December 31, not included in newer filing's quarterly presentation
- Older filing's consolidated statements of cash flows showed 'Borrowings under revolving credit facility' line item not present in newer filing's six-month cash flow statement
- Older filing Note 1 included statement 'Net income attributable to noncontrolling interests is zero for all periods presented in the Company's statements of operations' - this statement is removed in newer filing
- Reworded:
- Item 2 page reference changed from page 18 (older, 2026-01-22) to page 17 (newer, 2026-04-23)
- Item 3 page reference changed from page 28 (older, 2026-01-22) to page 27 (newer, 2026-04-23)
- Item 4 page reference changed from page 28 (older, 2026-01-22) to page 27 (newer, 2026-04-23)
- Item 1 (Legal Proceedings) page reference changed from page 29 (older, 2026-01-22) to page 28 (newer, 2026-04-23)
- Item 5 page reference changed from page 29 (older, 2026-01-22) to page 28 (newer, 2026-04-23)
- Item 6 page reference changed from page 30 (older, 2026-01-22) to page 29 (newer, 2026-04-23)
- SIGNATURE page reference changed from page 31 (older, 2026-01-22) to page 30 (newer, 2026-04-23)
- Notes:
- The newer filing presents consolidated financial statements for different reporting periods (six months ended March 31, 2026) compared to the older filing (three months ended December 31, 2025), making direct line-item comparisons of operating results between the two filings not directly comparable as presented
- Financial data contained in the two filings reflects different interim periods and therefore different year-to-date results
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 1 open-market sale by insiders in the last 90 days.
- Last 90 days0 buys · 1 sell ($69560) — 1 selling insider
- Last 180 days0 buys · 1 sell ($69560) — 1 selling insider
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-02. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about FOR's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding FOR as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 2,217,518
- Reported value $54,196,134
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 3 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
FOR had 519,317 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
FOR had 1.02% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 3.4 days to cover at the same settlement.
- Reported short interest (shares) 519,317
- Short interest (% of shares outstanding) 1.02%
- Prior settlement (shares) 530,204
- Reported change -2.05%
- Days to cover (reported) 3.4
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does FORESTAR GROUP INC (FOR) do?
Forestar Group Inc. is a residential lot development company that acquires and develops land for residential home construction. The company focuses on producing and selling developed residential lots to homebuilders, operating as a partner to developers in the residential housing market.
What sector is FORESTAR GROUP INC (FOR) in?
FORESTAR GROUP INC (FOR) is classified in the Real Estate sector. Its industry is residential land development. It trades on NYSE.
Who are FORESTAR GROUP INC's (FOR) competitors?
Notable peers of FORESTAR GROUP INC (FOR) include St. Joe Company and Tejon Ranch. This peer set is informational only — not financial advice.
Is FORESTAR GROUP INC (FOR) overbought or oversold right now?
FORESTAR GROUP INC (FOR) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 50, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on FOR come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.