Forestar Group (NYSE:FOR) Shares Gap Down – What’s Next?

Shares of Forestar Group Inc (NYSE:FOR) gapped down before the market opened on Tuesday . The stock had previously closed at $27.40, but opened at $25.50. Forestar Group shares last traded at $25.89, with a volume of 17,840 shares.

More Forestar Group News

Here are the key news stories impacting Forestar Group this week:

• Positive Sentiment: Forestar reported fiscal Q1 net income of $15.4 million, or $0.30 diluted EPS, and revenue of $273.0 million — revenue rose ~9% year-over-year and the company reported revenue and (by some measures) EPS above consensus. These top-line gains support demand in Forestar’s core homebuilding/land business. Business Wire: Forestar Reports Fiscal 2026 First Quarter Results
• Positive Sentiment: The company issued FY2026 revenue guidance in a $1.6B–$1.7B range — roughly in-line with consensus — signaling management expects continued sales activity for the year. (Note: the company did not provide a clear EPS figure in the brief guidance note provided to the filings feed.) Press Release / Slide Deck
• Neutral Sentiment: Investors and analysts can review the full quarterly commentary — the company’s press release, slide deck and the earnings call transcript are available for details on segment performance, land sales timing, and backlog. Earnings Call Transcript
• Neutral Sentiment: Coverage and analyst summaries (Houston Chronicle, Benzinga, Investing) provide useful recaps and color on results and market expectations; review if you follow sell-side reactions. Houston Chronicle: Q1 Snapshot
• Negative Sentiment: Market reaction is negative: several outlets note shares fell after the report. Reasons cited include a slight decline in EPS versus the same quarter last year (Q1 prior-year EPS was $0.32 vs $0.30 this year) and headlines saying EPS “trailed forecasts” — indicating some investors/analysts expected higher profitability or clearer guidance. Yahoo: Why Forestar Stock Is Falling
• Negative Sentiment: Some outlets and MarketWatch framed the quarter as showing lower 1Q profit and an EPS that disappointed certain expectations — combined with the lack of an explicit EPS guidance number, this created uncertainty and put near-term pressure on the share price. MarketWatch: Shares Down After Posting Lower 1Q Profit

Wall Street Analyst Weigh In

FOR has been the subject of a number of recent analyst reports. Zacks Research upgraded Forestar Group from a “strong sell” rating to a “hold” rating in a research report on Friday, September 26th. Citizens Jmp increased their price objective on shares of Forestar Group from $30.00 to $35.00 and gave the stock a “market outperform” rating in a research note on Wednesday, October 29th. Wall Street Zen raised shares of Forestar Group from a “hold” rating to a “buy” rating in a report on Friday, November 28th. JPMorgan Chase & Co. lifted their target price on Forestar Group from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. Finally, JMP Securities set a $35.00 target price on shares of Forestar Group in a research report on Wednesday, October 29th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $32.00.

Forestar Group Trading Down 4.4%

The firm has a 50 day moving average of $25.46 and a 200 day moving average of $25.71. The firm has a market cap of $1.33 billion, a PE ratio of 7.97 and a beta of 1.42. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.45.

Forestar Group (NYSE:FOR) last announced its quarterly earnings data on Tuesday, January 20th. The oil and gas exploration company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.09. Forestar Group had a return on equity of 10.08% and a net margin of 10.11%.The company had revenue of $273.00 million during the quarter, compared to analyst estimates of $265.48 million. During the same quarter last year, the firm posted $0.32 EPS. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. Equities analysts anticipate that Forestar Group Inc will post 3.44 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FOR. Caitong International Asset Management Co. Ltd grew its stake in Forestar Group by 1,206.6% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 993 shares of the oil and gas exploration company’s stock worth $26,000 after buying an additional 917 shares in the last quarter. Comerica Bank lifted its holdings in shares of Forestar Group by 76.5% in the 3rd quarter. Comerica Bank now owns 1,269 shares of the oil and gas exploration company’s stock worth $34,000 after acquiring an additional 550 shares during the last quarter. Allworth Financial LP grew its holdings in shares of Forestar Group by 3,273.8% during the 2nd quarter. Allworth Financial LP now owns 1,417 shares of the oil and gas exploration company’s stock valued at $28,000 after purchasing an additional 1,375 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in Forestar Group by 201.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,105 shares of the oil and gas exploration company’s stock valued at $42,000 after buying an additional 1,406 shares during the last quarter. Finally, Signaturefd LLC increased its position in Forestar Group by 43.1% during the 2nd quarter. Signaturefd LLC now owns 2,166 shares of the oil and gas exploration company’s stock valued at $43,000 after purchasing an additional 652 shares during the period. 35.50% of the stock is currently owned by institutional investors.

Forestar Group Company Profile

Forestar Group Inc, headquartered in Austin, Texas, is a residential lot development and management company focused on delivering finished home sites to homebuilders across the United States. The company acquires, entitles and develops land for single-family and multi-family housing, managing zoning, infrastructure and environmental approvals to prepare lots for construction. Forestar’s integrated approach to land development spans from initial site acquisition through final lot delivery, providing homebuilders with ready-to-build parcels in a variety of markets.

In addition to lot development, Forestar operates a retail homebuilding segment through joint ventures and strategic partnerships with national and regional homebuilders.