How to Buy Forestar Group Stock

Forestar Group Inc

Forestar Group is a real estate development company located in Texas, United States, which is part of the Real Estate sector, and is traded under the ticker FOR on the NYSE exchange.

Forestar Group stock last closed at $27.84, down 1.83% from the previous day, and has decreased 14.13% in one year. It has underperformed other stocks in the Real Estate - Development industry by 0.01 percentage points. Forestar Group stock is currently +1.77% from its 52-week low of $27.36, and -31.96% from its 52-week high of $40.92.

There are currently 50.67M FOR shares outstanding. The market value of FOR is $1.41B. In the last 24 hours, 135,071 FOR shares were traded.

How to Buy Forestar Group Stock

Not sure how to invest in Forestar Group stock? Here's how.

  1. Decide where to buy Forestar Group stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Forestar Group stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Select your payment method and add your details.
  4. Analyze Forestar Group stock: The Forestar Group ticker symbol is FOR. Is Forestar Group stock a good investment? Should you buy shares of FOR? How do FOR's underlying business fundamentals look? Do top analysts think Forestar Group is a good buy? Why has FOR's stock price moved recently? (Hint: Our stock analysis website can help you decide if FOR is a good stock to buy).
  5. Execute your FOR trade: Decide if you will purchase FOR shares at the current market price or use a limit order to purchase FOR stock at a given price.
  6. Monitor your FOR position: Create a watchlist to important notifications about your new investment in Forestar Group stock.

Step 1: Decide where to buy Forestar Group stock

You need a brokerage account in order to access the NYSE market and buy FOR stock.

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Step 2: Sign up for a brokerage account

Now that you've picked the right brokerage, you'll need to fill out some personal details so you can invest in FOR stock today.

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Step 3: Deposit money your investment account

Now that you have filled out your info on our top ranked stock app, your next step is to transfer the money for your investment:

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Step 4: Analyze Forestar Group stock

After you have selected the best place to buy Forestar Group stock, it's crucial to evaluate their stock before you buy, so you can wrap your head around the risk as well as the upside.

Forestar Group stock at a glance

FOR Price
$27.84
1w %
-1.76%
1y %
-14.13%
5y %
42.7%
P/E
6.91x
P/B
0.88x
P/S
0.93x
PEG
6.22x
Revenue
$1.51B
Earnings
$203.40M
Fore. Rev. Growth
9.75%
Fore. Earn. Growth
1.23%
Market Cap
$1.41B
Next Earnings
Jan 21, 2025
Next Dividend
N/A

Forestar Group Overview

WallStreetZen was created to help part-time investors do better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on FOR's stock page.

Is FOR stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge FOR's true value.

Using relative valuations methods:

  • FOR may be overvalued based on its P/E ratio of 6.91x, relative to Real Estate - Development industry P/E ratio of 3.17x
  • FOR may be undervalued based on its P/B ratio of 0.88x, relative to Real Estate - Development industry P/B ratio of 1.12x
  • FOR could be overvalued based on its PEG ratio of 6.22x

You can access additional valuation research on FOR's stock here.

FOR Financial Health

Positive Health Checks:

  • FOR profit margin has gone up from 11.6% to 13.5% in the past year.
  • Total FOR debt is lower than 5 years ago, relative to shareholder equity.

Negative Health Checks:

  • FOR has a relatively high debt to equity ratio of 0.78.

Do analysts think it's a good time to buy FOR stock

Out of 3 Equities analysts who monitor FOR, the consensus analyst rating on Forestar Group is a Strong Buy

It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Forestar Group stock forecast page.

FOR Technicals

SMA10
28.7
SMA20
29.14
SMA50
30.62
SMA100
30.73
SMA200
32.42
MACD
-0.69
MACD Signal
-0.61
MACD Histogram
-0.08
RSI
32.73
Stochastic %K
17.43
Stochastic %D
19.29
StochRSI %K
17.9
StochRSI %D
25.92

How are FOR Revenues/Earnings doing?

Last year, FOR earnings were $203.40M. Over the last 5 year, FOR's earnings have increased by 38.53% per year. This was faster than the Real Estate - Development industry average of 15.19%.

Last year, FOR revenue was $1.51B. During the past five year, FOR's revenue has grown by 28.65% per year. This was slower than the Real Estate - Development industry average of 229.74%.

Learn more about FOR's earnings and revenue performance here.

Latest Insiders Trades at FOR

Over the past year, insiders at FOR have sold more shares than they have bought.

James Douglas Allen, Chief Financial Officer of FOR, was the latest FOR insider to sell. They sold $71,848.95 worth of FOR shares on Nov 29, 2024.

Research more about who owns FOR stock here.

Can I rely on FOR as an income stream?

No, Forestar Group doesn't provide an income stream by paying out dividends.

What others are saying about FOR

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Step 5: Execute your FOR trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally sufficient.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price, use a limit order.

Click the Open Trade button and your broker will execute the order.

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Step 6: Monitor your FOR position

Now that you own some FOR stock, you'll want to keep up with your new stock purchase.

Start a watchlist to get notified of the latest news about your FOR stock.

FOR Feed

How to Buy Stock in Forestar Group

To reiterate, here are the 6 steps to buy stock in Forestar Group:

  1. Decide where to buy Forestar Group stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Analyze Forestar Group stock
  5. Execute your FOR trade
  6. Monitor your FOR position

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If you would like to monitor your investment in Forestar Group, click below.

NYSE: FOR
$27.84-0.52 (-1.83%)
Updated Dec 13, 2024
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NYSE: FOR
$27.84-0.52 (-1.83%)
Updated Dec 13, 2024
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FAQ

How much does it cost to buy one Forestar Group share?

As of Dec 13, 2024, it costs $27.84 to buy one share of Forestar Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.359 shares of FOR.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Forestar Group stock?

According to 3 Wall Street analysts who monitor Forestar Group, their consensus recommendation is to buy Forestar Group stock.

What is the best way to buy Forestar Group stock?

One way to place an order for Forestar Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.