Forestar Group Inc – Consensus ‘Buy’ rating and 16.7% Upside Potential

Broker Ratings
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Forestar Group Inc with ticker code (FOR) have now 2 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 22 and 20 calculating the average target price we see $21.00. Now with the previous closing price of $18.00 and the analysts are correct then there would likely be a percentage uptick in value of 16.7%. It’s also worth noting that there is a 50 day moving average of $14.89 and the 200 day MA is $13.95. The company has a market capitalization of $952m. You can visit the company’s website by visiting: https://www.forestar.com

The potential market cap would be $1,111m 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

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 6.55, revenue per share of 24.23 and a 5.29% return on assets.

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