On November 21, 2024, Elizabeth Parmer, a Director at Forestar Group Inc (FOR, Financial), sold 680 shares of the company. Following this transaction, the insider now owns 1,320 shares of the company. The details of this transaction can be found in the SEC Filing.
Forestar Group Inc is a residential and real estate development company. It operates through its subsidiaries and is primarily engaged in the acquisition, entitlement, and development of infrastructure for single-family residential communities. The company is focused on delivering finished residential lots to homebuilders.
Over the past year, Elizabeth Parmer has sold a total of 3,775 shares and has not purchased any shares. The insider transaction history for Forestar Group Inc indicates that there have been 1 insider buy and 15 insider sells over the same period.
On the day of the recent sale, shares of Forestar Group Inc were trading at $29.33, giving the stock a market cap of $1,478.040 million. The company's price-earnings ratio is 7.27, which is lower than the industry median of 14.81 and also lower than the company’s historical median price-earnings ratio.
With a trading price of $29.33 and a GF Value of $23.13, Forestar Group Inc has a price-to-GF-Value ratio of 1.27, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
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.
