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 $31.31, up 0.51% from the previous day, and has increased 72.51% in one year. It has overperformed other stocks in the Real Estate - Development industry by 0.83 percentage points. Forestar Group stock is currently +75.06% from its 52-week low of $17.89, and -23.48% from its 52-week high of $40.92.
As of Apr 25, 2024, there are 50.6M FOR shares outstanding. The market cap of FOR is $1.58B. In the past 24 hours, 337,279 FOR shares were traded.
How to Buy Forestar Group Stock
Wondering how to invest in Forestar Group stock? Here's how.
- Decide where to buy Forestar Group stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Forestar Group stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your payment method and add your information.
- 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 research tools can help you decide if FOR is a good stock to buy).
- 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 particular price.
- Monitor your FOR position: Create a watchlist to monitor your investment in Forestar Group stock.
Step 1: Decide where to buy Forestar Group stock
You need an online brokerage account to access the NYSE market and buy FOR shares.
Our favorite brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal information so you are able to invest in FOR today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new trading account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on a investment app, you can securely and quickly fund your account:
Watch the tutorial below for more details depositing funds into your investment account.
Step 4: Analyze Forestar Group stock
After you have chosen the best place to buy Forestar Group stock, it's absolutely critical to analyze their stock before you invest, so you truly wrap your head around the risk and opportunity.
Overview of key FOR info
Fundamentals of FOR
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on FOR's stock page.
Is FOR stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge FOR's fair value.
Using relative valuations methods:
- FOR may be overvalued based on its P/E ratio of 7.73x, relative to Real Estate - Development industry P/E ratio of 7.43x
- FOR could be undervalued based on its P/B ratio of 1.08x, relative to Real Estate - Development industry P/B ratio of 1.14x
- FOR could be undervalued based on its PEG ratio of 0.63x
You can access more valuation research on FOR's stock here.
FOR Financial Health Summary
Positive Health Checks:
- FOR earnings of $267.90M is not enough to cover its interest payments.
- FOR profit margin has gone up from 11.4% to 13% in the past year.
Negative Health Checks:
- Total FOR debt is higher than 5 years ago, relative to shareholder equity.
- FOR has a relatively high debt to equity ratio of 0.77.
- FOR's operating cash flow of $126.90M allows it to safely service it's debt of $705.70M.
Do Wall Street analysts think it's a good time to buy Forestar Group stock
Out of 1 Equities analysts who monitor FOR, the consensus analyst rating on Forestar Group is a Hold
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Forestar Group stock forecast page.
Metrics for Advanced FOR Traders
How is FOR performing as a company?
Last year, FOR earnings were $202.40M. During the last 5 year, FOR's earnings have gone up by 16.97% per year. This was slower than the Real Estate - Development industry average of 30.95%.
Last year, FOR revenue was $1.56B. In the past five year, FOR's revenue has grown by 57.75% per year. This was faster than the Real Estate - Development industry average of 35.98%.
You can analyze FOR's earnings and revenue performance here.
Latest Insiders Trades at FOR
In the last year, executives and large shareholders 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 $44,088.43 worth of FOR stock on Mar 31, 2024.
Get more info about who owns FOR shares here.
Does FOR provide a stable income stream?
No, Forestar Group doesn't provide an income stream by paying out dividends.
What others are saying about FOR
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your FOR trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open button and your broker will place your order.
If you need more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Monitor your FOR position
Now that you own some shares in FOR, you'll want to stay up-to-date on your investment.
Add FOR to a watchlist to see the latest developments about your FOR stock.
FOR Feed
How to Buy Stock in Forestar Group
To summarize, here are the 6 steps to buy stock in Forestar Group:
- Decide where to buy Forestar Group stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze Forestar Group stock
- Execute your FOR trade
- Monitor your FOR position
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Forestar Group, get started below.
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