Forestar Group Inc. (FOR) Q2 2025 Earnings Call Transcript |
Forestar Group Inc. (NYSE:FOR ) Q2 2025 Earnings Conference Call April 17, 2025 11:00 AM ET Company Participants Chris Hibbetts - VP of Finance & IR Anthony Oxley - President & CEO James Allen - CFO Mark Walker - COO Conference Call Participants Carl Reichardt - BTIG Anthony Pettinari - Citi Trevor Allinson - Wolfe Research Alex Isaac - J.P. Morgan Operator Good morning and welcome to Forestar's Second Quarter 2025 Earnings Conference Call. |
seekingalpha.com |
2025-04-17 22:01:14 |
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Forestar Reports Fiscal 2025 Second Quarter Results |
ARLINGTON, Texas--(BUSINESS WIRE)--Forestar reported net income of $31.6 million or $0.62 per diluted share in its second fiscal quarter of 2025. |
businesswire.com |
2025-04-17 10:30:00 |
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Forestar Group Inc. Announces Expiration and Final Results of Tender Offer for Any and All of its 3.850% Senior Notes due 2026 |
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced the expiration and final results of the previously announced cash tender offer to purchase its outstanding 3.850% Senior Notes. |
businesswire.com |
2025-03-12 08:30:00 |
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Forestar Group Inc. Announces Pricing Terms of Tender Offer for Any and All of its 3.850% Senior Notes due 2026 |
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar today announced the pricing of the previously announced cash tender offer to purchase any and all of its outstanding 3.850% Senior Notes. |
businesswire.com |
2025-03-11 18:27:00 |
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3 Housing-Related Book Value Bargains |
The housing sector continues to be more than challenged triggering a recent sharp downturn in most housing related stocks. Housing affordability remains near historical lows, new home inventory is surging, and mortgage rates are stubbornly hovering near the 7% level. New tariffs are also pushing the price of lumber higher, which will hurt profit margins for the home builders. |
seekingalpha.com |
2025-03-11 15:13:49 |
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Forestar Announces Pricing of $500 Million Offering of Senior Unsecured Notes |
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. announced that it has priced an offering of $500 million aggregate principal amount of 6.500% senior unsecured notes due 2033. |
businesswire.com |
2025-03-05 20:31:00 |
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Forestar Group Inc. Announces Tender Offer for Any and All of its 3.850% Senior Notes due 2026 |
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. announced today that it is commencing a cash tender offer to purchase any and all of its outstanding 3.850% Senior Notes due 2026. |
businesswire.com |
2025-03-05 09:46:00 |
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Forestar Announces Proposed Offering of Senior Unsecured Notes |
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. today announced that it is proposing to sell $500 million aggregate principal amount of senior unsecured notes due 2033. |
businesswire.com |
2025-03-05 09:45:00 |
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Forestar Group Inc. (FOR) Q1 2025 Earnings Call Transcript |
Forestar Group Inc. (NYSE:FOR ) Q1 2025 Results Conference Call January 21, 2025 11:00 AM ET Company Participants Chris Hibbetts - Vice President of Finance & Investor Relations Andy Oxley - President and CEO Jim Allen - Chief Financial Officer Mark Walker - Chief Operating Officer Conference Call Participants Carl Reichardt - BTIG Asher Sohnen - Citigroup Operator Good morning, and welcome to Forestar's First Quarter 2025 Earnings Conference Call. [Operator Instructions]. |
seekingalpha.com |
2025-01-21 14:44:04 |
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Forestar Reports Fiscal 2025 First Quarter Results |
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar reported net income of $16.5 million or $0.32 per diluted share in its first fiscal quarter of 2025. |
businesswire.com |
2025-01-21 08:30:00 |
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Forestar Group: Capitalizing On Lot Supply Constraints And Strong Market Demand |
Forestar is poised to benefit from persistent residential housing shortage and a favorable interest rate environment, driving demand for residential lots and land sales. The company has shown impressive growth, with a 22% increase in net income for FY'24, driven by increased lot sales and strategic market expansion. The company's strong financial position, minimal leverage, and substantial liquidity provide a solid foundation for future growth and shareholder returns. |
seekingalpha.com |
2024-12-14 09:08:16 |
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Forestar Group Inc. to Release 2025 First Quarter Earnings on January 21, 2025 |
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that the Company will release financial results for its first quarter ended December 31, 2024 on Tuesday, January 21, 2025. |
businesswire.com |
2024-12-03 19:00:00 |
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Forestar Group Inc. (FOR) Q4 2024 Earnings Conference Call Transcript |
Forestar Group Inc. (NYSE:FOR ) Q4 2024 Earnings Conference Call October 29, 2024 11:00 AM ET Company Participants Katie Smith - Director of Finance and IR Andy Oxley - President and CEO Jim Allen - CFO Mark Walker - COO Conference Call Participants Carl Reichardt - BTIG Asher Sohnen - Citigroup Trevor Allinson - Wolfe Research Alex Barron - Housing Research Center Operator Good morning, and welcome to Forestar's Fourth Quarter and Fiscal 2024 Earnings Conference Call. At this time all participants are in a listen-on mod, and we will open for questions following the presentation. |
seekingalpha.com |
2024-10-29 18:07:07 |
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Forestar Reports Fourth Quarter and Fiscal 2024 Results |
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. (“Forestar”) (NYSE: FOR), a leading national residential lot developer, today reported financial results for its fourth quarter and fiscal year ended September 30, 2024. Fiscal 2024 Fourth Quarter Highlights All comparisons are year-over-year Net income increased 13% to $81.6 million or $1.60 per diluted share Pre-tax income increased 14% to $108.5 million, with a pre-tax profit margin of 19.7% Revenues of $551.4 million on 5,374 lots sold. |
businesswire.com |
2024-10-29 08:30:00 |
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3 Real Estate Development Stocks to Consider as Fundamentals Rebound |
Interest rate cut and healthy demand for certain real estate categories poise Real Estate Development industry players like HHH, GRBK and FOR well for growth. |
zacks.com |
2024-10-03 17:40:19 |
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Forestar Group: Benefitting From Constraints On Residential Lot Supply |
Forestar Group is well-positioned to benefit from persistent residential housing shortage and a favorable interest rate environment, driving demand for residential lots and land sales. The company aims to double its market share to 5% by leveraging its national footprint and strategic relationship with D.R. Horton, but also with other builders too. Forestar's disciplined focus on return on equity and selective project underwriting enhances profitability and minimizes risk, ensuring high-quality developments. |
seekingalpha.com |
2024-09-22 13:17:44 |
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Why Forestar Group Stock Is Down Today |
Forestar missed top- and bottom-line estimates in the quarter. The company is building its inventory of lots ahead of an eventual recovery in the homebuilding market. |
fool.com |
2024-07-18 16:16:34 |
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Forestar Group (FOR) Q3 Earnings and Revenues Miss Estimates |
Forestar Group (FOR) came out with quarterly earnings of $0.76 per share, missing the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.93 per share a year ago. |
zacks.com |
2024-07-18 12:41:07 |
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Zacks Industry Outlook Howard Hughes, Green Brick Partners and Forestar |
Howard Hughes, Green Brick Partners and Forestar have been highlighted in this Industry Outlook article. |
zacks.com |
2024-07-15 09:11:05 |
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3 Real Estate Development Stocks to Consider Despite Industry Woes |
Despite a high interest rate environment, recovery in demand for certain real estate categories and constrained supply poise Real Estate Development industry players like HHH, GRBK and FOR well for growth. |
zacks.com |
2024-07-12 16:32:17 |
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Forestar: Underappreciated, With A Proven Business Model |
Forestar Group Inc. targets double digit returns through land acquisition with significant cash and expertise, supported by financing from D.R. Horton. Given the previous unlevered FCF growth, management outlook, planned land acquisition in 2024, and my previous assumptions, I expect FCF close to $192 million in 2025. FOR recently reported constrained lot supply in the United States, which, in my view, may benefit its business model. |
seekingalpha.com |
2024-07-10 18:04:01 |
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Forestar to Release 2024 Third Quarter Earnings on July 18, 2024 |
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar announced that it will release financial results for its third quarter ended June 30, 2024 on Thursday, July 18, 2024. |
businesswire.com |
2024-05-30 21:22:00 |
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3 Real Estate Development Stocks to Consider Despite Industry Woes |
Despite a high interest rate environment, recovery in demand for certain real-estate property types and constrained supply poise Real Estate Development industry players like GRBK, FOR and LSEA well for growth. |
zacks.com |
2024-04-22 15:16:04 |
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Why Forestar Group Stock Was Sinking This Week |
The real estate lot developer took the wraps off its latest set of quarterly results. It trounced the average prognosticator forecast for net income and beat handily on the top line. |
fool.com |
2024-04-19 20:45:00 |
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Forestar Group (FOR) Q2 Earnings Surpass Estimates |
Forestar Group (FOR) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.54 per share a year ago. |
zacks.com |
2024-04-18 12:41:05 |
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Forestar Reports Fiscal 2024 Second Quarter Results |
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar reported that net income for the second quarter of fiscal 2024 increased 67% to $45.0 million or $0.89 per diluted share. |
businesswire.com |
2024-04-18 10:30:00 |
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CPI Shock Waves: 3 Undervalued Stocks to Ride the Volatility |
CPI, the Consumer Price Index, is a metric used to gauge the rate of inflation and deflation. It's released by the Bureau of Labor Statistics (BLS) and reports the monthly fluctuations in consumer goods and services prices. |
investorplace.com |
2024-04-15 20:30:00 |
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This Real Estate Stock Trades In A Buy Zone After Jumping 19% In March |
Real estate stock Forestar is worth watching on account of its strong fundamentals and excellent institutional support. |
investors.com |
2024-04-05 18:37:01 |
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Forestar Group (FOR) Surges 6.3%: Is This an Indication of Further Gains? |
Forestar Group (FOR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. |
zacks.com |
2024-03-28 12:01:37 |
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3 Momentum Anomaly Picks as Markets Stumble on Inflation Data |
Dream Finders Homes (DFH), Coinbase Global (COIN) and Forestar Group (FOR) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it. |
zacks.com |
2024-03-18 10:21:07 |
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