Forestar (FOR)
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Forestar Group: Capitalizing On Lot Supply Constraints And Strong Market Demand
Seeking Alpha· 2024-12-14 12:08
Forestar Group (NYSE: FOR ) is a residential lot supply company that sells parcels of land to homebuilders for their developments . The company primarily buys lots for D.R. Horton, who's been the largest homebuilder in the U.S. for overI'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptional returns on capital, and can compoun ...
Forestar (FOR) - 2024 Q4 - Annual Report
2024-11-19 18:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From To Commission File Number: 001-33662 Forestar Group Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 26-1336998 (State or Ot ...
Forestar (FOR) - 2024 Q4 - Earnings Call Transcript
2024-10-29 20:07
Forestar Group Inc. (NYSE:FOR) Q4 2024 Earnings Conference Call October 29, 2024 11:00 AM ET Company Participants Katie Smith - Director of Finance and IR Andy Oxley - President and CEO Jim Allen - CFO Mark Walker - COO Conference Call Participants Carl Reichardt - BTIG Asher Sohnen - Citigroup Trevor Allinson - Wolfe Research Alex Barron - Housing Research Center Operator Good morning, and welcome to Forestar's Fourth Quarter and Fiscal 2024 Earnings Conference Call. At this time all participants are in a ...
Forestar (FOR) - 2024 Q4 - Earnings Call Presentation
2024-10-29 16:41
FORESTAR Investor Presentation Q4 2024 FORWARD-LOOKING STATEMENTS Factors that may cause the actual results to be materially different from the future results expressed by the forward-looking statements include, but are not limited to: the effect of D.R. Horton's controlling level of ownership on us and the holders of our securities; our ability to realize the potential benefits of the strategic relationship with D.R. Horton; the effect of our strategic relationship with D.R. Horton on our ability to mainta ...
Forestar (FOR) - 2024 Q4 - Annual Results
2024-10-29 16:19
FORESTAR REPORTS FOURTH QUARTER AND FISCAL 2024 RESULTS ARLINGTON, Texas (Business Wire) - October 29, 2024 — Forestar Group Inc. ("Forestar") (NYSE: FOR), a leading national residential lot developer, today reported financial results for its fourth quarter and fiscal year ended September 30, 2024. Fiscal 2024 Fourth Quarter Highlights All comparisons are year-over-year • Net income increased 13% to $81.6 million or $1.60 per diluted share • Pre-tax income increased 14% to $108.5 million, with a pre-tax pro ...
3 Real Estate Development Stocks to Consider as Fundamentals Rebound
ZACKS· 2024-10-03 17:40
The Zacks Real Estate – Development industry constituents are poised to benefit from the recent interest rate cut, healthy demand for a number of real estate property types and a slowdown in the pace of new deliveries, placing players like Howard Hughes Holdings Inc. (HHH) , Green Brick Partners, Inc. (GRBK) and Forestar Group Inc. (FOR) well for growth. However, macroeconomic uncertainty and geopolitical tensions are concerns, resulting in supply-chain constraints and are projected to inflate material expe ...
Forestar Group: Benefitting From Constraints On Residential Lot Supply
Seeking Alpha· 2024-09-22 13:17
Forestar Group Inc (NYSE: FOR ) is a top idea of mine in the real estate development sector. The company essentially acquires land and develops the infrastructure need to support the growth in creating single-family residential communities, selling finished I'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptional returns on ca ...
Forestar (FOR) - 2024 Q3 - Quarterly Report
2024-07-22 19:04
Table of Contents (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From To 2221 E. Lamar Blvd., Suite 790 Arlington, Texas 76006 (Address of Principal Executive Offices, including Zip Code) (817) 769-1860 (Registrant's telephone number, including area code) Indicate by check mark whether the re ...
Forestar (FOR) - 2024 Q3 - Earnings Call Transcript
2024-07-18 22:09
Forestar Group Inc. (NYSE:FOR) Q3 2024 Earnings Conference Call July 18, 2024 5:00 PM ET Company Participants Katie Smith - Director of Finance and IR Andy Oxley - President and CEO Jim Allen - CFO Mark Walker - COO Conference Call Participants Carl Reichardt - BTIG Anthony Pettinari - Citi Operator Good afternoon and welcome to Forestar’s Third Quarter 2024 Earnings Conference Call. At this time, All participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. ...
Forestar (FOR) - 2024 Q3 - Quarterly Results
2024-07-18 17:54
Exhibit 99.1 ARLINGTON, Texas (Business Wire) - July 18, 2024 — Forestar Group Inc. ("Forestar") (NYSE: FOR), a leading national residential lot developer, today reported financial results for its third fiscal quarter ended June 30, 2024. • Net income of $38.7 million or $0.76 per diluted share • Pre-tax income of $51.6 million, with a pre-tax profit margin of 16.2% • Consolidated revenues of $318.4 million on 3,255 lots sold • Owned and controlled lots increased 40% to 102,100 lots • Return on equity expan ...