FOR

Forestar Group Inc. Real Estate Real Estate Russell 3000
$23.94Close $1.2BMarket cap $23.09 – $31.9852-week range Late-januaryNext report · estimated

Highlights

Cautions

  • Not in an uptrend 1 of 8 trend conditions
  • Lagging the market RS 22 · weaker than 78% of stocks over 12 months
  • Far from its high 25% below its 52-week high
  • Distribution down-day volume 2.0× up-day volume over 50 sessions

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Sep 30, 2025 · filed Jul 22, 2026
Off 12-month high 25%
1wk down 8.2% price change
1mo down 7.0% price change
12-month return down 9% market up 11% · its own down 22%
F-score — — Not assessed
Altman Z — Unknown
P/E 7.2× price / earnings
PEG — P/E / EPS growth
P/B 0.7× price / book
Earnings yield up 13.4% EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth up 10% year on year
EPS growth up 9% latest quarter · +7 pts
Sales growth up 4% latest quarter · -2 pts
ROE up 10% return on equity
Free cash margin down 12% -$199.9M FCF
D/E 0.45 long-term debt / equity
Net debt / EBITDA 1.9×
Interest cover —EBIT / interest

Trade setup

ATR% 3.7% $0.90 a day · 2×ATR $22.15
RS 22 / 99 vs the universe
Trend 1 / 8 trend template
Relative volume 2.1× vs 50-day average
Up/down volume 0.50 50 sessions
Implied move — no scheduled report
Trend template · 1 of 8
  • 150-day average above the 200-day: passes

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Profit not backed by cash Reported profit of $167.9M came with -$197.7M of operating cash flow. Profit that cash does not follow is the classic signature of aggressive accounting.
  • Gross margin narrowing Gross margin fell from 23.8% to 21.9%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Oct 29, 2026
Results reaction Oct 29, 2026-5% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $1.7B +10% on FY2024
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $931.8M FY2021 · $1.3B FY2022 · $1.5B FY2023 · $1.4B FY2024 · $1.5B FY2025 · $1.7B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $167.9M -17% on FY2024
$0 $250M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $60.8M FY2021 · $110.2M FY2022 · $178.8M FY2023 · $166.9M FY2024 · $203.4M FY2025 · $167.9M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$199.9M
-$500M $0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$169.0M FY2021 · -$304.7M FY2022 · $105.2M FY2023 · $362.8M FY2024 · -$160.6M FY2025 · -$199.9M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 22%
  • Net 10%
  • Free cash -12%
-25% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 13% · Net 7% · Free cash -18% FY2021 · Gross 17% · Net 8% · Free cash -23% FY2022 · Gross 21% · Net 12% · Free cash 7% FY2023 · Gross 21% · Net 12% · Free cash 25% FY2024 · Gross 24% · Net 13% · Free cash -11% FY2025 · Gross 22% · Net 10% · Free cash -12%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $423.5M net debt
  • Cash
  • Long-term debt
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $394.3M · Long-term debt $641.1M FY2021 · Cash $153.6M · Long-term debt $704.5M FY2022 · Cash $264.8M · Long-term debt $706.0M FY2023 · Cash $616.0M · Long-term debt $695.0M FY2024 · Cash $481.2M · Long-term debt $706.4M FY2025 · Cash $379.2M · Long-term debt $802.7M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 50.83m +5.8% since FY2020
50.83m 48.06m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 48.06m FY2021 · 49.58m FY2022 · 49.76m FY2023 · 49.90m FY2024 · 50.65m FY2025 · 50.83m
  FY2020Sep 30, 2020 FY2021Sep 30, 2021 FY2022Sep 30, 2022 FY2023Sep 30, 2023 FY2024Sep 30, 2024 FY2025Sep 30, 2025
Revenue $931.8M $1.3B $1.5B $1.4B $1.5B $1.7B
Gross margin 13% 17% 21% 21% 24% 22%
Net income $60.8M $110.2M $178.8M $166.9M $203.4M $167.9M
Net margin 7% 8% 12% 12% 13% 10%
Earnings per share $1.26 $2.25 $3.59 $3.33 $4.00 $3.29
Free cash flow -$169.0M -$304.7M $105.2M $362.8M -$160.6M -$199.9M
Free cash margin -18% -23% 7% 25% -11% -12%
Cash $394.3M $153.6M $264.8M $616.0M $481.2M $379.2M
Long-term debt $641.1M $704.5M $706.0M $695.0M $706.4M $802.7M
Shareholders' equity $870.9M $1.0B $1.2B $1.4B $1.6B $1.8B
Shares outstanding 48.06m 49.58m 49.76m 49.90m 50.65m 50.83m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Jul 22, 2026 Quarterly ↗ Jun 30, 2026 22d
Apr 23, 2026 Quarterly ↗ Mar 31, 2026 23d
Jan 22, 2026 Quarterly ↗ Dec 31, 2025 22d
Nov 19, 2025 Annual ↗ Sep 30, 2025 50d
Jul 23, 2025 Quarterly ↗ Jun 30, 2025 23d
Apr 22, 2025 Quarterly ↗ Mar 31, 2025 22d
Jan 23, 2025 Quarterly ↗ Dec 31, 2024 23d
Nov 19, 2024 Annual ↗ Sep 30, 2024 50d
Jul 22, 2024 Quarterly ↗ Jun 30, 2024 22d
Apr 23, 2024 Quarterly ↗ Mar 31, 2024 23d
Jan 24, 2024 Quarterly ↗ Dec 31, 2023 24d
Nov 17, 2023 Annual ↗ Sep 30, 2023 48d

Current reports

FiledDisclosed
Oct 29, 2026 Results ↗
Oct 29, 2026 Director or officer change ↗
Jul 21, 2026 Results ↗
Apr 21, 2026 Results ↗
Jan 20, 2026 Results ↗
Jan 20, 2026 Shareholder vote ↗
Oct 28, 2025 Results ↗
Jul 22, 2025 Results ↗
Apr 17, 2025 Results ↗
Apr 15, 2025 Director or officer change ↗
Mar 14, 2025 Material agreement · New obligation · Regulation FD ↗
Mar 6, 2025 Other events ↗