Is FOR a good stock to buy right now?

Based on our 6-factor quantitative model, Forestar Group Inc. (FOR) receives a "Reduce" rating with a composite score of 38.9/100. It is ranked #2,942 out of 4,446 stocks. Key factor scores: Quality 10/100, Value 43/100, Momentum 50/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for FOR?

Forestar Group Inc. (FOR) has a "Reduce" rating and 2-star score. The composite score of 38.9 ranks it #2,942 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is FOR in?

Forestar Group Inc. operates in the Real Estate sector (Real Estate industry) with a market cap of $1.26 billion. It is classified as a small-cap stock.

Does FOR pay a dividend?

FOR does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is FOR's P/E ratio?

FOR has a trailing P/E ratio of 13.06x. The Real Estate sector average is 32.3x. This below-average P/E may indicate the stock is undervalued.

How profitable is FOR?

FOR's quality factor score is 10/100. Gross margin: 21.3%. ROE: 5.4% vs sector average 1.5%. Margins are moderate to low, reflecting competitive market dynamics.

How is FOR valued compared to peers?

FOR's value factor score is 43/100 (higher = cheaper). Key multiples: P/E 13.1x, EV/EBITDA 16.2x. Valuation is roughly in line with peers.

What is FOR's debt level?

FOR's debt-to-equity ratio is 44%. Sector average: 60%. Low leverage suggests conservative financial management.

FOR has a beta of 0.82, meaning it tracks the market. Stability score: 70/100.

Does FOR have high short interest?

FOR's short interest factor score is 63/100 (higher = less short selling). Moderate short interest.

FOR Stock Analysis: Top Small-Cap Reduce (Score 38.9/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
FOR	-1.07%	+5.44%	+2.73%	+5.48%	+34.19%	-	-	-
Industry Proxy XLRE	+0.21%	+2.91%	-0.23%	+6.12%	+11.57%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	-1.00%	+1.84%	+2.39%	+5.84%	+4.67%	-	-	-
Alpha vs Sector	-1.28%	+2.53%	+2.96%	-0.64%	+22.63%	-	-	-

Metric	FOR	Benchmark
P/E Ratio	13.1x	-60%
EV/EBITDA	16.2x	+87%
Price / Book	0.7x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
JLL JONES LANG LASALLE INC	56	67	68	48	27.4x	7.1%	0.0%	2.2%	15.7%	134.0x	$14.3B	VS
GTY GETTY REALTY CORP /MD/	53	63	60	53	29.4x	6.3%	0.0%	31.6%	11.3%	93.0x	$1.9B	VS
UE Urban Edge Properties	52	59	62	48	27.6x	6.8%	85.0%	20.4%	12.8%	141.0x	$2.5B	VS
CURB Curbline Properties Corp.	51	59	46	53	193.6x	0.8%	100.0%	5.0%	63.4%	22.0x	$2.7B	VS
FPH Five Point Holdings, LLC	50	70	41	35	2.6x	5.9%	47.0%	265.2%	-73.7%	37.0x	$347M	VS
AXR AMREP CORP.	49	64	48	56	14.6x	7.0%	-	17.5%	22.4%	0.0x	$149M	VS
KW Kennedy-Wilson Holdings, Inc.	48	41	53	58	-	-6.4%	44.0%	-20.0%	-11.8%	321.0x	$1.5B	VS
TRC TEJON RANCH CO	46	55	34	54	319.5x	-0.7%	28.1%	-10.4%	110.4%	29.0x	$511M	VS
INTG INTERGROUP CORP	40	10	42	75	48.3x	-	-	-2.6%	16.3%	-170.0x	$78M	VS
FOR Forestar Group Inc.	39	10	43	50	13.1x	5.4%	21.3%	7.4%	-14.3%	44.0x	$1.3B
STRS STRATUS PROPERTIES INC	37	10	55	67	20.4x	-4.5%	-24.1%	-67.8%	-41.5%	62.0x	$241M	VS

Key Ratio	TTM	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017
Gross Margin %	0.2%	0.2%	0.2%	0.2%	0.2%	0.2%	0.2%	0.0%	0.0%	-0.1%	-0.0%
Operating Margin %	0.1%	0.1%	0.1%	0.2%	0.2%	0.2%	0.1%	1.0%	1.0%	1.1%	1.0%
EBITDA Margin %	0.1%	0.1%	0.1%	0.2%	0.2%	0.2%	0.1%	0.1%	0.1%	0.3%	0.2%
Net Margin %	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.4%	0.2%
FCF Margin %	-	-	-	-	-	-	-	18.0%	-90.9%	-106.6%	-8.1%
ROE %	0.1%	0.0%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.0%	0.0%	0.1%
ROA %	0.0%	0.0%	0.1%	0.1%	0.1%	0.1%	0.1%	0.0%	0.0%	0.0%	0.1%
ROIC %	0.0%	0.6%	6.7%	9.3%	8.5%	9.8%	6.7%	65.9%	38.5%	5.4%	46.2%

Key Ratio

TTM

2026

2025

2024

2023

2022

2021

2020

2019

2018

2017

Gross Margin %

0.2%

0.0%

-0.1%

-0.0%

Operating Margin %

0.1%

0.2%

0.1%

1.0%

1.1%

1.0%

EBITDA Margin %

0.1%

0.2%

0.1%

0.3%

0.2%

Net Margin %

0.1%

0.4%

0.2%

FCF Margin %

18.0%

-90.9%

-106.6%

-8.1%

ROE %

0.1%

0.0%

0.1%

0.0%

0.1%

ROA %

0.0%

0.1%

0.0%

0.1%

ROIC %

0.0%

0.6%

6.7%

9.3%

8.5%

9.8%

6.7%

65.9%

38.5%

5.4%

46.2%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2017	2016	2015
	$1.3B	$1.7B	$1.5B	$1.4B	$1.5B	$1.3B	$932M	$431M	$219M	$344M	$186M
	—	$1.3B	$1.2B	$1.1B	$1.2B	$1.1B	—	—	—	—	—
	$269M	$364M	$359M	$304M	$324M	$229M	$0	$0	-$9M	-$20M	-$34M
Gross Margin	21.3%	21.9%	23.8%	21.2%	21.3%	17.3%	0.0%	0.0%	-3.9%	-5.8%	-18.3%
	—	$154M	$119M	$98M	$94M	$68M	—	—	—	—	—
Depreciation	—	—	—	—	—	—	-$5M	$7M	$5M	$11M	$45M
Total Operating Expenses	—	$144M	$89M	$83M	$88M	$83M	—	—	—	—	—
	$127M	$219M	$270M	$222M	$236M	$147M	$932M	$431M	$228M	$364M	$220M
EBIT	$127M	$219M	$270M	$222M	$236M	$147M	$932M	$431M	$228M	$364M	$220M
EBITDA	$127M	$219M	$270M	$222M	$236M	$147M	$82M	$52M	$36M	$96M	$35M
Operating Margin	9.8%	13.2%	17.9%	15.4%	15.5%	11.1%	100.0%	100.0%	103.9%	105.8%	118.3%
EBITDA Margin	10.0%	13.2%	17.9%	15.4%	15.5%	11.1%	8.8%	12.0%	16.5%	27.9%	18.8%
	—	—	—	—	—	—	$0	$0	$9M	$20M	$34M
	—	$219M	$270M	$222M	$236M	$147M	—	—	—	—	—
Income Tax Expense	—	$51M	$67M	$55M	$57M	$36M	$16M	$9M	$46M	$15M	$35M
	$96M	$168M	$203M	$167M	$179M	$111M	$62M	$36M	$52M	$60M	-$212M
Net Margin	7.4%	10.1%	13.5%	11.6%	11.8%	8.3%	6.6%	8.3%	23.9%	17.5%	-114.1%
	$0.30	$3.30	$4.03	$3.34	$3.59	$2.25	$1.26	$0.79	$1.19	$1.40	$-6.22
Diluted EPS	$0.30	$3.29	$4.00	$3.33	$3.59	$2.25	$1.26	$0.79	$1.19	$1.40	$-6.22
Weighted Avg Basic	—	51M	50M	50M	50M	49M	—	—	—	—	—
Weighted Avg Diluted	—	51M	51M	50M	50M	49M	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2017

2016

2015

$1.3B

$1.7B

$1.5B

$1.4B

$1.5B

$1.3B

$932M

$431M

$219M

$344M

$186M

—

$1.3B

$1.2B

$1.1B

$1.2B

$1.1B

—

$269M

$364M

$359M

$304M

$324M

$229M

-$9M

-$20M

-$34M

Gross Margin

21.3%

21.9%

23.8%

21.2%

21.3%

17.3%

0.0%

-3.9%

-5.8%

-18.3%

—

$154M

$119M

$98M

$94M

$68M

—

Depreciation

—

-$5M

$7M

$5M

$11M

$45M

Total Operating Expenses

—

$144M

$89M

$83M

$88M

$83M

—

$127M

$219M

$270M

$222M

$236M

$147M

$932M

$431M

$228M

$364M

$220M

EBIT

$127M

$219M

$270M

$222M

$236M

$147M

$932M

$431M

$228M

$364M

$220M

EBITDA

$127M

$219M

$270M

$222M

$236M

$147M

$82M

$52M

$36M

$96M

$35M

Operating Margin

9.8%

13.2%

17.9%

15.4%

15.5%

11.1%

100.0%

103.9%

105.8%

118.3%

EBITDA Margin

10.0%

13.2%

17.9%

15.4%

15.5%

11.1%

8.8%

12.0%

16.5%

27.9%

18.8%

—

$9M

$20M

$34M

—

$219M

$270M

$222M

$236M

$147M

—

Income Tax Expense

—

$51M

$67M

$55M

$57M

$36M

$16M

$9M

$46M

$15M

$35M

$96M

$168M

$203M

$167M

$179M

$111M

$62M

$36M

$52M

$60M

-$212M

Net Margin

7.4%

10.1%

13.5%

11.6%

11.8%

8.3%

6.6%

8.3%

23.9%

17.5%

-114.1%

$0.30

$3.30

$4.03

$3.34

$3.59

$2.25

$1.26

$0.79

$1.19

$1.40

$-6.22

Diluted EPS

$0.30

$3.29

$4.00

$3.33

$3.59

$2.25

$1.26

$0.79

$1.19

$1.40

$-6.22

Weighted Avg Basic

—

51M

50M

49M

—

Weighted Avg Diluted

—

51M

50M

49M

—

Forestar Group Inc. (FOR) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does Forestar Group Inc. Do?

Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to homebuilders. The company is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R. Horton, Inc. Forestar Group Inc. (FOR) is classified as a small-cap stock in the Real Estate sector. The company is led by CEO Daniel C. Bartok and employs approximately 290 people, headquartered in Austin, Texas. With a market capitalization of $1.3B, FOR is one of the notable companies in the Real Estate sector.

Forestar Group Inc. (FOR) Stock Rating — Reduce (April 2026)

As of April 2026, Forestar Group Inc. receives a Reduce rating with a composite score of 38.9/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.FOR ranks #2,942 out of 4,446 stocks in our coverage universe. Within the Real Estate sector, Forestar Group Inc. ranks #37 of 57 stocks, placing it in the lower half of its Real Estate peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

FOR Stock Price and 52-Week Range

Forestar Group Inc. (FOR) currently trades at $25.98. The stock lost $0.28 (1.1%) in the most recent trading session. The 52-week high for FOR is $30.74, which means the stock is currently trading -15.5% from its annual peak. The 52-week low is $18.00, putting the stock 44.3% above its annual trough. Recent trading volume was 96K shares, suggesting relatively thin trading activity.

Is FOR Overvalued or Undervalued? — Valuation Analysis

Forestar Group Inc. (FOR) carries a value factor score of 43/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 13.06x, compared to the Real Estate sector average of 32.31x — a discount of 60%. The price-to-book ratio stands at 0.70x, versus the sector average of 1.18x. The price-to-sales ratio is 0.99x, compared to 0.80x for the average Real Estate stock. On an enterprise value basis, FOR trades at 16.16x EV/EBITDA, versus 8.62x for the sector.

Overall, FOR's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Forestar Group Inc. Profitability — ROE, Margins, and Quality Score

Forestar Group Inc. (FOR) earns a quality factor score of 10/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 5.4%, compared to the Real Estate sector average of 1.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 3.0% versus the sector average of 0.8%.

On a margin basis, Forestar Group Inc. reports gross margins of 21.3%, compared to 26.0% for the sector. The operating margin is 9.8% (sector: 3.7%). Net profit margin stands at 7.4%, versus 1.8% for the average Real Estate stock. Revenue growth is running at -14.3% on a trailing basis, compared to 6.1% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

FOR Debt, Balance Sheet, and Financial Health

Forestar Group Inc. has a debt-to-equity ratio of 44.0%, compared to the Real Estate sector average of 60.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 2.29x, indicating strong short-term liquidity. Total debt on the balance sheet is $793M.

FOR has a beta of 0.82, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Forestar Group Inc. is 70/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

Forestar Group Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Forestar Group Inc. reported revenue of $1.26B and earnings per share (EPS) of $0.30. Net income for the quarter was $96M. Gross margin was 21.3%. Operating income came in at $127M.

In Q1 2026, Forestar Group Inc. reported revenue of $273M and earnings per share (EPS) of $0.30. Net income for the quarter was $15M. Gross margin was 20.2%. Revenue grew 9.0% year-over-year compared to Q1 2025. Operating income came in at $21M.

In FY 2025, Forestar Group Inc. reported revenue of $1.66B and earnings per share (EPS) of $3.30. Net income for the quarter was $168M. Gross margin was 21.9%. Revenue grew 10.1% year-over-year compared to FY 2024. Operating income came in at $219M.

In Q3 2025, Forestar Group Inc. reported revenue of $391M and earnings per share (EPS) of $0.65. Net income for the quarter was $33M. Gross margin was 20.4%. Revenue grew 22.6% year-over-year compared to Q3 2024. Operating income came in at $44M.

Over the past 8 quarters, Forestar Group Inc. has demonstrated a growth trajectory, with revenue expanding from $318M to $1.26B. Investors analyzing FOR stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

FOR Dividend Yield and Income Analysis

Forestar Group Inc. (FOR) does not currently pay a dividend. This is common among smaller companies in the Real Estate industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Real Estate dividend stocks may want to explore other Real Estate stocks or use the stock screener to filter by dividend yield.

FOR Momentum and Technical Analysis Profile

Forestar Group Inc. (FOR) has a momentum factor score of 50/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 37/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 63/100 reflects moderate short selling activity.

FOR vs Competitors — Real Estate Sector Ranking and Peer Comparison

Within the Real Estate sector, Forestar Group Inc. (FOR) ranks #37 out of 57 stocks based on the Blank Capital composite score. This places FOR in the lower half of all Real Estate stocks in our coverage universe. Key competitors and sector peers include Urban Edge Properties (UE) with a score of 51.9/100, Kennedy-Wilson Holdings, Inc. (KW) with a score of 48.0/100, AMREP CORP. (AXR) with a score of 49.0/100, GETTY REALTY CORP /MD/ (GTY) with a score of 53.1/100, and Curbline Properties Corp. (CURB) with a score of 50.5/100.

Comparing FOR against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full FOR vs S&P 500 (SPY) comparison to assess how Forestar Group Inc. stacks up against the broader market across all factor dimensions.

FOR Next Earnings Date

No upcoming earnings date has been announced for Forestar Group Inc. (FOR) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy FOR? — Investment Thesis Summary

The quantitative profile for Forestar Group Inc. suggests caution. The quality score of 10/100 flags below-average profitability. Low volatility (stability score 70/100) reduces downside risk.

In summary, Forestar Group Inc. (FOR) earns a Reduce rating with a composite score of 38.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on FOR stock.

Related Resources for FOR Investors

Explore more research and tools: FOR vs S&P 500 comparison, top Real Estate stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare FOR head-to-head with peers: FOR vs UE, FOR vs KW, FOR vs AXR.

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Forestar Group Inc. (FOR) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does Forestar Group Inc. Do?

Forestar Group Inc. (FOR) Stock Rating — Reduce (April 2026)

FOR Stock Price and 52-Week Range

Is FOR Overvalued or Undervalued? — Valuation Analysis

Forestar Group Inc. Profitability — ROE, Margins, and Quality Score

FOR Debt, Balance Sheet, and Financial Health

Forestar Group Inc. Revenue and Earnings History — Quarterly Trend

FOR Dividend Yield and Income Analysis

FOR Momentum and Technical Analysis Profile

FOR vs Competitors — Real Estate Sector Ranking and Peer Comparison

FOR Next Earnings Date

Should You Buy FOR? — Investment Thesis Summary

Related Resources for FOR Investors

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