Forestar Group Inc (FOR, Financial) is set to release its Q4 2024 earnings on Oct 29, 2024. The consensus estimate for Q4 2024 revenue is $503.76 million, and the earnings are expected to come in at $1.33 per share. The full year 2024's revenue is expected to be $1.46 billion and the earnings are expected to be $3.74 per share. More detailed estimate data can be found on the Forecast page.
Forestar Group Inc (FOR, Financial) Estimate Trends
Revenue estimates for Forestar Group Inc (FOR) have remained steady at $1.46 billion for the full year 2024 and $1.65 billion for 2025 over the past 90 days. Earnings estimates for Forestar Group Inc (FOR) have also remained steady at $3.74 per share for the full year 2024 and $3.93 per share for 2025 over the past 90 days.
Forestar Group Inc (FOR, Financial) Reported History
In the previous quarter of 2024-06-30, Forestar Group Inc's (FOR) actual revenue was $318.4 million, which missed analysts' revenue expectations of $379.20 million by -16.03%. Forestar Group Inc's (FOR) actual earnings were $0.76 per share, which missed analysts' earnings expectations of $0.93 per share by -18.28%. After releasing the results, Forestar Group Inc (FOR) was down by -13.22% in one day.
Forestar Group Inc (FOR, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 3 analysts, the average target price for Forestar Group Inc (FOR) is $39.67 with a high estimate of $43 and a low estimate of $37. The average target implies an upside of 26.01% from the current price of $31.48.
Based on GuruFocus estimates, the estimated GF Value for Forestar Group Inc (FOR, Financial) in one year is $24.71, suggesting a downside of -21.51% from the current price of $31.48.
Based on the consensus recommendation from 4 brokerage firms, Forestar Group Inc's (FOR, Financial) average brokerage recommendation is currently 1.5, indicating a "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
