Forestar Group (FOR) Scheduled to Post Quarterly Earnings on Tuesday

Forestar Group (NYSE:FOR - Get Free Report) will announce its earnings results before the market opens on Tuesday, October 29th. Analysts expect the company to announce earnings of $1.31 per share for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

Forestar Group Stock Performance

Shares of Forestar Group stock traded down $0.31 on Tuesday, reaching $31.56. 105,470 shares of the company were exchanged, compared to its average volume of 195,680. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of 7.85 and a beta of 1.76. Forestar Group has a 1-year low of $22.97 and a 1-year high of $40.92. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.50 and a current ratio of 1.50. The company's 50-day moving average is $31.39 and its two-hundred day moving average is $32.17.

Analysts Set New Price Targets

FOR has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut their target price on Forestar Group from $37.50 to $36.00 and set a "neutral" rating on the stock in a research note on Thursday, July 25th. Citigroup dropped their price objective on shares of Forestar Group from $46.00 to $43.00 and set a "buy" rating on the stock in a report on Tuesday, July 2nd. Finally, BTIG Research reduced their target price on shares of Forestar Group from $41.00 to $37.00 and set a "buy" rating for the company in a research note on Friday, July 19th.

Insider Buying and Selling at Forestar Group

In other news, Director G.F. (Rick) Ringler III sold 2,000 shares of the stock in a transaction on Friday, September 27th. The stock was sold at an average price of $32.58, for a total value of $65,160.00. Following the completion of the transaction, the director now owns 5,951 shares of the company's stock, valued at approximately $193,883.58. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders have sold 3,548 shares of company stock valued at $112,411 in the last quarter. Corporate insiders own 0.49% of the company's stock.

About Forestar Group

Forestar Group Inc operates as a residential lot development company in the United States. The company 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 was incorporated in 2005 and is headquartered in Arlington, Texas.