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Forestar Group Inc. - $FOR STOCK NEWS

Welcome to our dedicated page for Forestar Group news (Ticker: $FOR), a resource for investors and traders seeking the latest updates and insights on Forestar Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Forestar Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Forestar Group's position in the market.

Rhea-AI Summary
Forestar Group Inc. reported a strong fourth quarter and fiscal year ended September 30, 2023, with a 43% increase in net income to $72.4 million in Q4 and a 44% increase in pre-tax income to $95.4 million. For the full fiscal year, net income was $166.9 million, pre-tax income was $221.6 million, and revenues were $1.4 billion on 14,040 lots sold. The company's return on equity was 13.2% and its book value per share increased 14% to $27.43.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.93%
Tags
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Rhea-AI Summary
D.R. Horton, Inc. (NYSE:DHI) reported a net income of $1.5 billion or $4.45 per diluted share for the fourth fiscal quarter ended September 30, 2023, and $4.7 billion or $13.82 per diluted share for the fiscal year. Consolidated revenues increased 9% to $10.5 billion for the quarter and 6% to $35.5 billion for the year. The Company's debt to total capital ratio at September 30, 2023, was 18.3%. The Company repurchased 3.5 million shares of common stock for $423.1 million during the fourth quarter of fiscal 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.93%
Tags
dividends earnings
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Rhea-AI Summary
D.R. Horton, Inc. to release Q4 and FY 2023 financial results on November 7, 2023 before the market opens. Conference call at 8:30 a.m. ET. Webcast available. Replay available until November 14, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags
Rhea-AI Summary
Forestar Group Inc. will release financial results for Q4 and fiscal year ended September 30, 2023 on November 7, 2023. Conference call to be held at 5:00 p.m. ET. Webcast available. Replay available until November 18, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags
-
Rhea-AI Summary
D.R. Horton promotes Paul J. Romanowski to CEO, effective October 1, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.67%
Tags
none
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Rhea-AI Summary
Forestar Group Inc. reported financial results for Q3 2023, with net income increasing 18% to $46.8 million and consolidated revenues increasing 20% to $368.9 million. The company sold 3,812 lots during the quarter and owned 73,000 lots as of June 30, 2023. Forestar is confident about its ability to capitalize on opportunities in the homebuilding industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
Rhea-AI Summary
D.R. Horton reports net income of $1.3 billion in Q3 2023, a decrease of 19% compared to the same quarter in 2022. Consolidated revenues increased by 11% to $9.7 billion. Net sales orders increased by 37% to 22,879 homes and 26% in value to $8.7 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
dividends earnings
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
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Forestar Group Inc.

NYSE:FOR

FOR Rankings

FOR Stock Data

1.73B
18.23M
63.52%
36.85%
0.96%
Offices of Real Estate Agents and Brokers
Real Estate and Rental and Leasing
Link
United States of America
ARLINGTON

About FOR

today, we own directly or through ventures about 281,000 acres of real estate located in 9 states and 12 markets, 622,000 net acres of oil and gas mineral interests, about 231,000 forested acres and over 224,000 acres currently leased for recreational purposes.