Forestar Group Inc which can be found using ticker (FOR) now have 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 21 and 15 and has a mean target at $18.00. Now with the previous closing price of $15.56 and the analysts are correct then there would likely be a percentage uptick in value of 15.7%. Also worth taking note is the 50 day moving average now sits at $14.64 and the 200 day MA is $13.81. The company has a market capitalization of $744m. Visit the company website at: https://www.forestar.com
The potential market cap would be $861m based on the market consensus.
Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to local, regional, and national homebuilders. The company is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R. Horton, Inc.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 4.67, revenue per share of 26.63 and a 5.74% return on assets.
