Forestar Group Inc. (NASDAQ: FOR) Market Updates

Forestar Group Inc. day trading at USD 15.14 per share, then rallying to 15.33 and closing at USD 14.99 per share. A net loss of -0.99% for the day. Long term pricing analysis shows the stock trading at 33.66% lower than it’s 52week high and -57.37% higher than the 52week low. The share volume traded for the day was 146K which was 0 times the 50 Day Average Volume.

Forestar Group Inc. had a market cap of 720,065K as of 1st July 2020. The Earnings Per Share (EPS) for Q4 2019 is $1.01.

Forestar Group Inc. is a real estate, oil and gas, and other natural resources company based in Austin, Texas. The company owns directly or through ventures almost 120,000 acres (49,000 ha) of real estate located in ten states and 13 markets, approximately 590,000 acres of oil and gas mineral interests, and approximately 358,000 net acres of leasehold oil and gas interests.

Financial Results

Forestar Group Inc. Reports Second Quarter Of Fiscal 2020.

  • Net income attributable to Forestar for the second quarter of fiscal 2020 was $9.6 million, or $0.20 per diluted share, compared to $10.1 million, or $0.24 per diluted share, in the same quarter of fiscal 2019.
  • Revenues for the second quarter of fiscal 2020 increased 144% to $159.1 million from $65.3 million in the same quarter of fiscal 2019. Residential lots sold in the quarter increased 256% to 1,951 lots compared to 548 lots in the same quarter of fiscal 2019.

Forestar Group Inc. (1st July 2020): The Institutional Ownership as of today stood at 31.53% and the Total Value of Holdings (millions) is $ 228

New Institutional Holders and other activity – As of today, the total number of shares held is, 15,146,252 by 99 institutional holders.

LATEST NEWS:

16-June-2020:- Forestar Group Inc. (NYSE: FOR) CFO James Douglas Allen Buys 5,200 Shares – Modern Readers

Forestar Group Inc. (NYSE: FOR) CFO James Douglas Allen acquired 5,200 shares of Forestar Group stock in a transaction on Friday, June 12th. The shares were bought at an average price of $14.41 per share, with a total value of $74,932.00.

4-June-2020:- Lateef Investment Management L.P. Purchases 23,602 Shares of Forestar Group Inc. (NYSE: FOR)

Lateef Investment Management L.P. increased its position in Forestar Group Inc. (NYSE: FOR) by 12.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 208,630 shares of the oil and gas exploration company’s stock after purchasing an additional 23,602 shares during the period.

1-June-2020:- American International Group Inc. Acquires 2,300 Shares of Forestar Group Inc. (NYSE: FOR)

American International Group Inc. lifted its holdings in shares of Forestar Group Inc. (NYSE: FOR) by 30.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,846 shares of the oil and gas exploration company’s stock after acquiring an additional 2,300 shares during the quarter.

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