FORESTAR GROUP INC.

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Symbol
NYSE : FOR
Price
$
Volume
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Delayed up to 15 minutes

Corporate Profile

Forestar Group Inc. is a residential lot development company with operations in 57 markets and 23 states. Based in Arlington, Texas, the Company delivered more than 14,900 residential lots during the twelve-month period ended December 31, 2023. Forestar is a majority-owned subsidiary of D.R. Horton, the largest homebuilder by volume in the United States since 2002. The Company primarily acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency.

Residential Lots Sold in FY 2023

%

Increase in lots sold FY 2018-2023

Year Forestar Became Publicly Traded

Upcoming Events

April 18, 2024 5:00 PM ETQ2 2024 Forestar Earnings Conference Call
Event Link

You are about to review presentations, reports and/or filings of Forestar Group Inc., that contain time-sensitive information. The information contained therein is only accurate as of the date thereof. Forestar Group Inc. will not be reviewing or updating the material that is contained in these items after the date thereof. The information contained therein may be updated, amended, supplemented or otherwise altered by subsequent presentations, reports and/or filings by Forestar Group Inc.

FEATURED PRESENTATION

Q1 FY 2024 Investor Presentation

WHY INVEST IN FORESTAR?

Long-Term Growth
Forestar plans to significantly grow into a large-scale, national lot developer.
Strategic Relationship
Through its strategic relationship with D.R. Horton, the largest homebuilder in the country, Forestar has significant built-in demand for current and future lot deliveries.
Strong Balance Sheet & Liquidity Position
Forestar has accessed the capital markets and obtained growth capital for fiscal 2024 and beyond while maintaining modest leverage and approximately $840 million of liquidity at December 31, 2023.
Geographic Diversification
Forestar is more geographically diversified than most homebuilders with operations in 57 markets across 23 states and 82,400 lots controlled at December 31, 2023.

LATEST NEWS

Forestar Reports Fiscal 2024 First Quarter Results

Forestar Reports Fiscal 2024 First Quarter Results Forestar Group Inc. (“Forestar”) (NYSE: FOR), a leading national residential lot developer, today reported financial results for its first fiscal quarter ended December 31, 2023. Fiscal 2024 First...

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