Forestar Group Inc – Consensus ‘Buy’ rating and 15.9% Upside Potential

Broker Ratings
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Forestar Group Inc which can be found using ticker (FOR) now have 3 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 21 and 15 and has a mean target at $18.00. Now with the previous closing price of $15.53 and the analysts are correct then there would likely be a percentage uptick in value of 15.9%. The day 50 moving average is $14.63 while the 200 day moving average is $13.89. The company has a market capitalization of $777m. Visit the company website at: https://www.forestar.com

The potential market cap would be $901m 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 4.77, revenue per share of 26.63 and a 5.74% return on assets.

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