Forestar Group (FOR) Receives Daily News Sentiment Score of 0.02
Media stories about Forestar Group (NYSE:FOR) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Forestar Group earned a news impact score of 0.02 on Accern’s scale. Accern also gave press coverage about the oil and gas exploration company an impact score of 45.0871389580339 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Forestar Group stock opened at $22.50 on Tuesday. The stock has a market capitalization of $926.85, a P/E ratio of 19.05 and a beta of 1.80. Forestar Group has a 12-month low of $14.10 and a 12-month high of $26.39. The company has a current ratio of 17.88, a quick ratio of 17.88 and a debt-to-equity ratio of 0.18.
In other news, insider Donald J. Tomnitz purchased 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The shares were acquired at an average price of $24.17 per share, for a total transaction of $96,680.00. Following the completion of the acquisition, the insider now directly owns 2,000 shares in the company, valued at $48,340. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.13% of the stock is owned by company insiders.
About Forestar Group
Forestar Group Inc operates as a real estate development company. The company engages in the acquisition, entitlement, development, and sale of real estate, primarily single-family residential and mixed-use communities. It also sells residential lots to home builders; and commercial properties. As of December 31, 2017, Forestar Group Inc had 49 entitled, developed, or under development projects in 11 states and 16 markets planned for residential and commercial uses in the United States.
Receive News & Ratings for Forestar Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forestar Group and related companies with MarketBeat.com's FREE daily email newsletter.