Forestar Group Inc. · Real Estate

FOR

Low riskNext report: In 0 days (est.)

View price ↗

The short version

A profitable company with steady sales. Institutions are adding.

Going well

Profitable every year for 9 years
Sales up 10% last year

Money moves

No insider buying or selling in the last 30 days
Institutions added 2.1% to their holdings in the quarter ending June 2026 (95 bought, 64 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$25.97-0.3% that day

Company value: $1.3B; Share price times all shares
Price vs profit (P/E): 7.8x; You pay about $8 for each $1 of yearly profit
Price vs sales: 0.77x; Company value is 0.77 times a year of sales
Cash vs value: 30%; Cash as a share of company value
Debt vs value: 60%; Debt as a share of company value

From FOR's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$407.0M+4.2% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $1.7B, up 12% from the 12 months before. Over 5 years, sales grew about 12% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of FOR. Starting points are the company's recent numbers.

Sales growth+12% a yearRecently: +12% a yearProfit margin10%Last 12 months: 9.9%P/E at the end8xToday: 7.8x. Many steady companies trade at 12x to 25xShare count change+1% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$3.0B

Profit in 5 years$304M

Price these guesses point to$45.35+75% vs $25.97 todayAbout +12% a year, before dividends

What today's price needs: with a 10% margin and a 8x P/E, sales would have to grow about 0.2% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

3/6Mixed

MissReturn on equity 15%+Earns a lot on the money owners have in the business.9.9%
PassDebt under half of equityNot relying on borrowed money.0.44x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.10.1%
PassProfitable every yearSteady profits, not one good year.9 of 9 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$199.9M
MissShare count not growingNot diluting owners. Falling means buybacks.+2.4% in 3 years

Revenue: $1.7B; +10.1% vs prior year
5-year growth: +12.3%/yr; revenue, per year
Total debt: $793.2M; 0.44x equity
Free cash flow: -$199.9M; -12.0% of revenue

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Jul 21

Revenue: $407.0M; +4.2% YoY
EPS: $0.70; vs $0.65
Gross margin: 20.7%; +0.3 pts
Free cash flow: $32.7M
Share count: +0.5%; vs a year ago

Insider rating

Last 90 days

No open-market insider buys or sells in the last 90 days.

Weekly insider trend

No trades to chart yet.

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 0.2
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Accumulating+2.1%

Institutions added 2.1% to their holdings. 95 bought, 64 sold. 2 quarters of net buying in a row.

Shares held by institutions18.8M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

+0.7%

Cash runwayAt last year's cash burn

24 months

Debt to equityLatest balance sheet: debt compared with what owners have

0.4x · $793.8M debt

Shares outstandingLatest reported

51M

Earnings reports

Last 12

Next reportIn 0 days (est.)Estimated from the same quarter last year

Results filedJul 21
Results filedApr 21
Results filedJan 20
Results filedOct 28, 2025
Results filedJul 22, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

No offerings, red flags or new big holders. Clean record.

Insider trades

Open-market buys and sells, last 90 days

No open-market buys or sells in 90 days. Grants and option exercises are left out.

"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.

Latest filings

Straight from SEC EDGAR

SoldLisa H. JamiesonDirector

3,000 shares at $29.25 · $88K

-11% of holdings
Now owns 23,107 shares
Not a pre-planned sale
Filed 1 day after trade

Aug 18Form 4 ↗

Planned insider saleAug 18 · Form 144 ↗Quarterly reportJul 22 · Form 10-Q ↗Earnings resultsJul 21 · Form 8-K ↗

SoldElizabeth ParmerDirector

2,535 shares at $27.44 · $70K

-41% of holdings
Now owns 3,713 shares
Not a pre-planned sale
Filed 1 day after trade

Jun 2Form 4 ↗

Planned insider saleJun 2 · Form 144 ↗Quarterly reportApr 23 · Form 10-Q ↗Earnings resultsApr 21 · Form 8-K ↗

Option exerciseMark Stephen WalkerChief Operating Officer

2,815 shares

+11% of holdings
Now owns 28,101 shares
Filed 2 days after trade
Also: Shares withheld for taxes

Mar 31Form 4 ↗

Option exerciseJames Douglas AllenChief Financial Officer

4,505 shares

+12% of holdings
Now owns 42,126 shares
Filed 2 days after trade
Also: Shares withheld for taxes

Mar 31Form 4 ↗

Option exerciseSamuel R FullerDirector

402 shares

+1% of holdings
Now owns 31,607 shares
Filed 3 days after trade

Mar 28Form 4 ↗

Option exerciseLisa H. JamiesonDirector

402 shares

+2% of holdings
Now owns 26,107 shares
Filed 3 days after trade

Mar 28Form 4 ↗

Insider tradeMar 31 · Form 4 ↗Insider tradeMar 31 · Form 4 ↗Insider tradeMar 31 · Form 4 ↗

Source: SEC EDGAR filings. For informational purposes. Not investment advice.

Report a problem with this page