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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 $32.36, down 1.1% from the previous day, and has increased 130.16% in one year. It has overperformed other stocks in the Real Estate - Development industry by 1.43 percentage points. Forestar Group stock is currently +135.95% from its 52-week low of $13.72, and -16.45% from its 52-week high of $38.73.

As of Feb 22, 2024, there are 49.91M FOR shares outstanding. The market cap of FOR is $1.62B. In the past 24 hours, 194,816 FOR shares were traded.

How to Buy Forestar Group Stock

Wondering how to invest in Forestar Group stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Select your payment method and add your information.
  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 research tools 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 particular price.
  6. 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.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  1. Send your information by clicking the "Create Account" button.
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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.

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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

FOR Price
$32.36
1w %
-0.89%
1y %
130.16%
5y %
83.34%
P/E
8.77x
P/B
1.15x
P/S
1.06x
PEG
0.73x
Revenue
$1.53B
Earnings
$184.30M
Fore. Rev. Growth
2.23%
Fore. Earn. Growth
N/A
Market Cap
$1.62B
Next Earnings
Apr 18, 2024
Next Dividend
N/A

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 8.77x, relative to Real Estate - Development industry P/E ratio of 7.7x
  • FOR could be overvalued based on its P/B ratio of 1.15x, relative to Real Estate - Development industry P/B ratio of 0.99x
  • FOR could be undervalued based on its PEG ratio of 0.73x

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

FOR Financial Health Summary

Positive Health Checks:

  • FOR's operating cash flow of $257.20M allows it to safely service it's debt of $705.30M.
  • FOR earnings of $244.90M is not enough to cover its interest payments.
  • FOR profit margin has gone up from 12% to 12.1% 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 0.8.

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

SMA10
32.27
SMA20
31.92
SMA50
32.82
SMA100
30.27
SMA200
27.6
MACD
-0.07
MACD Signal
-0.17
MACD Histogram
0.1
RSI
50.65
Stochastic %K
69.21
Stochastic %D
64.3
StochRSI %K
75.4
StochRSI %D
70.3

How is FOR performing as a company?

Last year, FOR earnings were $184.30M. During the last 5 year, FOR's earnings have gone up by 16.49% per year. This was slower than the Real Estate - Development industry average of 24.7%.

Last year, FOR revenue was $1.53B. In the past five year, FOR's revenue has grown by 67.19% per year. This was faster than the Real Estate - Development industry average of 30.55%.

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.

Daniel C. Bartok, Chief Executive Officer of FOR, was the latest FOR insider to sell. They sold $34,225.00 worth of FOR stock on Dec 27, 2023.

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.

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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:

  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

If you need a place to buy stocks, eToro is our favorite venue.

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

If you want to keep tabs on your new investment in Forestar Group, get started below.

NYSE: FOR
$32.36-0.36 (-1.1%)
Updated Feb 22, 2024
Open eToro Account
NYSE: FOR
$32.36-0.36 (-1.1%)
Updated Feb 22, 2024
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FAQ

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

As of Feb 22, 2024, it costs $32.36 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 0.309 shares of FOR.

Get Started with eToro Today
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 1 Wall Street analysts who monitor Forestar Group, their consensus recommendation is to hold 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.