Somewhat Positive Media Coverage Somewhat Unlikely to Impact Forestar Group (NYSE:FOR) Share Price
Media coverage about Forestar Group (NYSE:FOR) has been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Forestar Group earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave headlines about the oil and gas exploration company an impact score of 46.7724303075879 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern’s analysis:
- HCR Wealth Advisors Has $223000 Stake in Phillips 66 (PSX) (leisuretravelaid.com)
- Critical Analysis: Gafisa SA (GFA) and Forestar Group (FOR) (americanbankingnews.com)
- Forestar Group Shares Up 41.2% Since SmarTrend’s Buy Recommendation (FOR) (mysmartrend.com)
- Financial Comparison: Gazit-Globe (GZT) vs. Forestar Group (NYSE:FOR) (americanbankingnews.com)
Shares of Forestar Group (NYSE:FOR) remained flat at $17.10 during trading on Friday. The company’s stock had a trading volume of 377,490 shares. The firm has a market cap of $717.07 million, a P/E ratio of 9.89 and a beta of 1.95. Forestar Group has a one year low of $10.60 and a one year high of $17.77. The stock’s 50-day moving average price is $17.21 and its 200-day moving average price is $14.76.
A number of equities analysts have commented on FOR shares. TheStreet cut shares of Forestar Group from a “b-” rating to a “c+” rating in a research note on Friday, May 26th. BidaskClub cut shares of Forestar Group from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th.
About Forestar Group
Forestar Group Inc is a residential and mixed-use real estate development company. The Company operates through three segments. The Real Estate segment secures entitlements and develops infrastructure on its lands, for single-family residential and mixed-use communities. The Mineral resources segment is focused on its owned oil and gas mineral interests through promoting exploration, development and production activities.
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