Forestar Group (FOR) Stock Forecast, Price Target & Predictions


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FOR Stock Forecast


Forestar Group (FOR) stock forecast, based on 9 Wall Street analysts, predicts a 12-month average price target of $40.00, with a high of $40.00 and a low of $40.00. This represents a 72.04% increase from the last price of $23.25.

$20 $25 $30 $35 $40 $45 High: $40 Avg: $40 Low: $40 Last Closed Price: $23.25

FOR Stock Rating


Forestar Group stock's rating consensus is Buy, based on 9 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 9 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 9 0 9 Strong Sell Sell Hold Buy Strong Buy

FOR Price Target Upside V Benchmarks


TypeNameUpside
StockForestar Group72.04%
SectorReal Estate Stocks 14.12%
IndustryReal Estate Development Stocks 26.29%

Price Target Trends


1M3M12M
# Anlaysts--1
Avg Price Target--$40.00
Last Closing Price$23.25$23.25$23.25
Upside/Downside--72.04%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 25-31--4
Jan, 25-31--4
Dec, 24-31--4
Nov, 24-31--4
Oct, 24331--7
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Ryan GilbertBTIG$40.00$31.7525.98%72.04%
Nov 15, 2022J.P. Morgan$13.50$14.05-3.91%-41.94%
Apr 28, 2022Citigroup$25.00$16.1654.70%7.53%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024BTIGBuyBuyhold
May 17, 2024CitigroupBuyBuyhold
Jul 21, 2023Cantor FitzgeraldOverweightinitialise
Apr 22, 2023CitigroupBuyBuyhold
Apr 28, 2022CitigroupBuyBuyhold

Financial Forecast


EPS Forecast

$0 $1 $2 $3 $4 $5 Sep 20 Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26 Sep 27
Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26Sep 27
Reported$1.27$2.25$3.59$3.34$4.04---
Avg Forecast$0.99$2.09$2.58$2.83$3.72$3.57$4.05$4.70
High Forecast$0.98$2.07$2.06$2.79$3.67$3.52$3.99$4.64
Low Forecast$1.02$2.14$3.10$2.88$3.78$3.64$4.12$4.79
Surprise %28.28%7.66%39.15%18.02%8.60%---

Revenue Forecast

$500M $800M $1B $1B $2B $2B Sep 20 Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26 Sep 27
Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26Sep 27
Reported$931.80M$1.33B$1.52B$1.44B$1.51B---
Avg Forecast$786.20M$1.31B$1.66B$1.26B$1.46B$1.65B$1.83B$1.95B
High Forecast$778.77M$1.30B$1.33B$1.25B$1.45B$1.63B$1.81B$1.95B
Low Forecast$800.67M$1.34B$2.00B$1.28B$1.48B$1.67B$1.86B$1.95B
Surprise %18.52%1.06%-8.67%13.62%3.26%---

Net Income Forecast

$50M $110M $170M $230M $290M $350M Sep 20 Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26 Sep 27
Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26Sep 27
Reported$60.80M$110.20M$178.80M$166.90M$203.40M---
Avg Forecast$256.43M$92.06M$144.16M$184.30M$189.23M$182.53M$206.90M$238.84M
High Forecast$205.14M$73.65M$115.33M$147.44M$186.22M$179.03M$202.77M$235.61M
Low Forecast$307.71M$110.47M$172.99M$221.16M$192.24M$184.82M$209.33M$243.22M
Surprise %-76.29%19.70%24.03%-9.44%7.49%---

FOR Forecast FAQ


Is Forestar Group stock a buy?

Forestar Group stock has a consensus rating of Buy, based on 9 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 9 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Forestar Group is a favorable investment for most analysts.

What is Forestar Group's price target?

Forestar Group's price target, set by 9 Wall Street analysts, averages $40 over the next 12 months. The price target range spans from $40 at the low end to $40 at the high end, suggesting a potential 72.04% change from the previous closing price of $23.25.

How does Forestar Group stock forecast compare to its benchmarks?

Forestar Group's stock forecast shows a 72.04% upside, outperforming the average forecast for the real estate stocks sector (14.12%) and outperforming the real estate development stocks industry (26.29%).

What is the breakdown of analyst ratings for Forestar Group over the past three months?

  • February 2025: 0% Strong Buy, 75.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • January 2025: 0% Strong Buy, 75.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 75.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.

What is Forestar Group’s EPS forecast?

Forestar Group's average annual EPS forecast for its fiscal year ending in September is $3.57 for 2025, a -11.63% decrease from the reported $4.04 in 2024. The prediction for 2026 is $4.05, and $4.7 for 2027.

What is Forestar Group’s revenue forecast?

Forestar Group's average annual revenue forecast for its fiscal year ending in September is $1.65B for 2025, a 9.25% increase from the reported $1.51B in 2024. The forecast for 2026 is $1.83B, and $1.95B for 2027.

What is Forestar Group’s net income forecast?

For its fiscal year ending in September, Forestar Group's average annual net income forecast is $182.53M for 2025, reflecting a -10.26% decrease from the reported $203.4M in 2024. The projection for 2026 is $206.9M, and $238.84M for 2027.