Forestar Group Inc
Description
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. Forestar Group Inc. operates as a subsidiary of D.R. Horton, Inc.
About
CEO
Mr. Anthony W. Oxley
Employees
376
Instrument type
Common Stock
Sector
Real Estate
Industry
Real Estate - Development
MIC code
XNYS
Address
2221 East Lamar Boulevard, Arlington, TX 76006, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Jan 19, 2026 | — | — | — | — |
| Oct 27, 2025 | — | — | — | — |
| Jul 16, 2025 | — | — | — | — |
| Apr 16, 2025 | — | — | — | — |
| Jan 21, 2025 | 0.70 | 0.32 | -0.38 | -54.29% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Sep 2025)
|
Next Year
(Sep 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 4 | 4 | 4 | 4 |
| Average estimate | 0.79 | 0.90 | 3.57 | 4.05 |
| Low estimate | 0.71 | 0.79 | 3.40 | 3.73 |
| High estimate | 0.91 | 1.06 | 3.85 | 4.35 |
| Last year EPS | 0.89 | 0.76 | 4.00 | 3.57 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
-11.060%
Next qtr. (Jun 2025)
18.840%
Current year (Sep 2025)
-10.680%
Next year (Sep 2026)
13.270%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
| Total reported revenue | 1.51B | 1.44B | 1.52B | 1.33B | 931.80M |
| Cost of revenue | 1.15B | 1.13B | 1.20B | 1.10B | 813.70M |
| Gross profit | 359.30M | 304.10M | 324.00M | 229.20M | 118.10M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 118.50M | 97.70M | 93.60M | 68.40M | 45.70M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 240.80M | 206.40M | 230.40M | 160.80M | 72.40M |
| Non operating interest income | |||||
| Income | 19.80M | 13.60M | 1.00M | 1.20M | 4.90M |
| Expense | — | — | — | — | — |
| Other income expense | 9.50M | 1.60M | 4.40M | -15.40M | 800,000 |
| Pretax income | 270.10M | 221.60M | 235.80M | 146.60M | 78.10M |
| Tax provision | 66.70M | 54.70M | 57.00M | 36.10M | 16.40M |
| Net income | 203.40M | 166.90M | 178.80M | 110.50M | 61.70M |
| Basic EPS | 4.03 | 3.34 | 3.59 | 2.25 | 1.26 |
| Diluted EPS | 4.00 | 3.33 | 3.59 | 2.25 | 1.26 |
| Basic average shares | 50.43M | 49.99M | 49.80M | 48.90M | 48.00M |
| Diluted average shares | 50.43M | 49.99M | 49.80M | 48.90M | 48.00M |
| EBITDA | 234.30M | 207.80M | 229.90M | 179.10M | 77.20M |
| Net income from continuing op. | 203.40M | 166.90M | 178.80M | 110.50M | 61.70M |
| Minority interests | — | — | — | -300,000 | -900,000 |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 |
| Total assets | 2.84B | 2.47B | 2.34B | 2.10B | 1.74B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 481.20M | 616.00M | 264.80M | 153.60M | 394.30M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 28.40M | 25.70M | 11.40M | 400,000 | 400,000 |
| Other receivables | 8.90M | — | — | 700,000 | 4.80M |
| Inventory | — | — | — | — | — |
| Prepaid assets | 36.60M | 22.70M | 28.90M | 25.80M | 10.40M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | 18.70M | 14.60M | 14.50M | 9.80M | 4.70M |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | — | — | — | — | — |
| Construction in progress | — | — | — | — | 5.50M |
| Leases | 1.80M | 1.60M | 1.60M | 900,000 | 1.20M |
| Accumulated depreciation | -3.80M | -2.70M | -2.70M | -900,000 | -1.20M |
| Goodwill | — | — | — | — | — |
| Investment properties | 2.27B | 1.79B | 2.02B | 1.91B | 1.31B |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | — | — | — | — |
| Investments and advances | 300,000 | 500,000 | 500,000 | 900,000 | 3.60M |
| Other non current assets | 1.80M | 2.00M | 1.80M | 5.30M | 10.50M |
| Total liabilities | 1.25B | 1.10B | 1.14B | 1.09B | 868.10M |
| Current liabilities | |||||
| Accounts payable | 85.90M | 68.40M | 72.20M | 47.40M | 29.20M |
| Accrued expenses | 159.90M | 115.90M | 137.10M | 121.90M | 68.60M |
| Short term debt | — | — | — | — | — |
| Deferred revenue | 179.10M | 135.50M | 156.40M | 160.90M | 107.80M |
| Tax payable | 16.80M | 12.30M | 14.40M | 10.20M | 4.30M |
| Pensions | 13.50M | 11.20M | 11.60M | 7.90M | 6.20M |
| Other current liabilities | — | — | — | 1.30M | 1.40M |
| Non current liabilities | |||||
| Long term debt | 716.60M | 703.10M | 714.10M | 711.80M | 644.90M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 67.50M | 50.70M | 36.90M | 24.40M | 5.70M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 5.70M | 3.70M | 1.00M | 1.30M | 1.40M |
| Shareholders equity | |||||
| Common stock | 50.70M | 49.90M | 49.80M | 49.60M | 48.10M |
| Retained earnings | 878.20M | 674.80M | 507.90M | 329.10M | 218.90M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 1.60B | 1.37B | 1.20B | 1.02B | 871.80M |
| Additional paid in capital | 665.20M | 644.20M | 640.60M | 636.20M | 603.90M |
| Treasury stock | — | — | — | — | — |
| Minority interest | 1.00M | 1.00M | 1.00M | 1.00M | 900,000 |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||
| Net Income | 203.40M | 166.90M | 178.80M | 110.50M | 61.70M | 36.30M | 52.30M | 60.18M | -212.37M | 17.09M | 35.06M | 17.88M | 9.24M | 5.83M | 61.57M | 14.21M | 24.80M | 51.84M | 34.90M |
| Depreciation | 3.00M | 3.00M | 2.70M | 2.70M | 4.90M | 6.70M | 5.50M | 11.45M | 45.09M | 41.72M | 29.98M | 18.93M | 10.80M | 10.56M | 9.79M | 7.67M | 2.92M | 2.36M | 2.25M |
| Deferred Taxes | 16.80M | 13.80M | 12.50M | 19.20M | 23.10M | 9.50M | -1.70M | -1.36M | 41.26M | 1.65M | -862,000 | -6.36M | -27.32M | -6.39M | -22.73M | -11.40M | -19.54M | -4.91M | 1.58M |
| Stock-Based Compensation | 5.30M | 4.30M | 3.30M | 2.60M | 2.00M | 1.30M | 6.60M | 4.04M | 4.25M | 3.42M | 16.81M | 14.93M | 7.07M | 11.60M | 12.00M | 4.52M | 1.40M | — | — |
| Other Non-Cash Items | — | — | — | 100,000 | 100,000 | 1.40M | 800,000 | -48.71M | -88.13M | -42.76M | -94.27M | -80.98M | -77.85M | -35.36M | 79.68M | 34.91M | 46.91M | -81.29M | -17.80M |
| Accounts Receivable | — | — | — | 6.30M | -3.10M | 1.20M | 4.20M | 13.49M | -978,000 | 10.70M | -3.86M | -1.13M | 1.36M | 104,000 | -747,000 | 22,000 | 659,000 | -313,000 | -3.59M |
| Accounts Payable | 24.70M | -12.70M | 40.90M | 28.00M | 15.00M | 24.40M | -7.80M | -17.01M | -11.87M | -4.65M | -1.56M | -2.53M | 4.55M | -6.39M | — | — | 7.51M | 3.54M | — |
| Other Assets & Liabilities | -446.70M | 184.60M | -155.40M | -551.00M | -562.90M | -1.02B | -32.50M | 1.49M | -4.55M | -11.38M | 3.29M | -7.91M | 5.21M | -863,000 | 2.71M | — | — | — | — |
| Operating Cash Flow | -193.50M | 359.90M | 82.80M | -381.60M | -459.20M | -941.80M | 27.40M | 23.55M | -227.31M | 15.78M | -15.42M | -47.18M | -66.95M | -20.92M | 142.26M | 49.93M | 64.64M | -28.77M | 17.34M |
| Investing Activities | |||||||||||||||||||
| Capital Expenditures | — | — | — | — | — | — | -2.40M | -579,000 | -49.72M | -102.25M | -96.07M | 8.06M | -4.30M | 2.60M | -7.30M | -5.15M | -3.03M | -2.68M | -517,000 |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | 1.60M | 2.60M | 4.30M | 100,000 | 6.90M | -389,000 | -14.18M | -33.05M | 2.64M | -110.48M | 1.06M | -26.50M | — | — | -14.49M | -17.61M | -29.61M |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | — | — | — | -2.01M | -3.29M | -2.88M | -17.85M | -14.49M | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | 3.07M | 14.85M | 3.80M | 6.17M | 3.24M | — | — |
| Investing Cash Flow | 9.50M | 1.60M | 4.80M | 5.20M | 5.60M | 100,000 | 134.60M | 426.88M | -45.64M | -113.33M | -92.10M | -102.38M | -1.79M | -9.74M | -6.37M | -16.67M | -25.32M | 7.41M | -5.53M |
| Financing Activities | |||||||||||||||||||
| Long-Term Debt Issuance | — | — | — | 458.00M | 300.00M | 435.00M | 3.00M | 3.18M | 11.46M | 264.54M | 164.71M | 203.64M | 123.40M | 81.59M | 43.84M | 151.55M | 226.45M | 186.82M | 40.68M |
| Long-Term Debt Payments | — | -12.50M | — | -422.00M | -118.90M | -85.00M | -10.00M | -315.23M | -58.22M | -225.48M | -106.08M | -74.23M | -123.40M | -63.42M | -166.96M | -82.02M | -22.53M | -89.14M | -29.73M |
| Other Financing Charges | — | — | — | -7.40M | -5.90M | -10.80M | -2.40M | -2.68M | -1.73M | -14.00M | -8.64M | -9.75M | -10.35M | -6.83M | -3.25M | -1.26M | -102.83M | -78.61M | -27.78M |
| Financing Cash Flow | 16.30M | -13.20M | 1.20M | 61.40M | 174.90M | 439.80M | -9.40M | -318.26M | -48.48M | 469,000 | 194.99M | 118.26M | -23.33M | -3.84M | -126.37M | 68.27M | 71.98M | 19.07M | -16.83M |
| Other Cash Details | |||||||||||||||||||
| End Cash Position | 481.20M | 616.00M | 264.80M | 153.60M | 394.30M | 382.80M | 363.00M | 266.07M | 96.44M | 170.13M | 192.31M | 10.36M | 18.28M | 5.37M | 21.05M | 8.13M | 7.52M | 10.35M | 12.94M |
| Income Tax Paid | 45.70M | 44.70M | 42.40M | 4.30M | — | — | — | 10.21M | — | 18.32M | 4.96M | 21.68M | 25.34M | 8.42M | 48.30M | 18.41M | 33.43M | — | — |
| Interest Paid | — | — | — | — | — | — | 3.30M | 14.79M | 27.33M | 22.94M | 13.82M | 12.82M | 14.17M | 11.89M | 16.95M | 21.01M | 10.01M | — | — |
| Free Cash Flow | -160.60M | 362.80M | 105.20M | -304.70M | -169.00M | -392.10M | -17.80M | 60.43M | -29.28M | -11.56M | -19.12M | -46.37M | 33.50M | 10.85M | 134.83M | -57.09M | -67.18M | -33.06M | 19.48M |
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