Forestar Group Inc. (NYSE:FOR) changes shares on Friday trading session, with a change of 2.45% or $0.35 shares. The trading starts at $14.94 and closed at $14.31 throughout the day. The trading session low price was $14.08 and day high was $15.05 on Friday, June 12. After the session, the Real Estate sector daily volume shifted to 0.13 million while its average volume is 151.74K. In other hand, the FOR market cap reached to $687.41M. While, its current target price is $14.66 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -7.86% and up 17.09% for month. Its quarterly performance was 4.49% above, while its half year performance is down -24.86%. FOR yearly performance stood at negative -18.87% and fall -29.69% for year-to-date. Current recommendation for Forestar Group Inc. is 1.60.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. FOR EPS (TTM) for 12-month is 1.02. EPS for this year is -53.70%, while for the next year its value is 0.91. Sales growth for the current quarter is 9.61 while its EPS Q/Q reached -17.00%. It has an EPS of -3.50% down for past five years and for the next five years will be up 1.50%.
Let’s take a look on the analyst recommendations on FOR for the current month and previous month. For the current month, 4 of 5 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $12.00-$19.00. Average target price for FOR was reached at $15.40.
Long Pond Capital, LP, Vanguard Group, Inc. (The) and Blackrock Inc. are the top three holders in Forestar Group Inc. (FOR) stock. On Mar 30, 2020, Long Pond Capital, LP has 4.68 million shares which valued 48.46 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 2.41 million shares which valued at 24.94 million. On Mar 30, 2020, Blackrock Inc. has a total of 1.41 million shares which valued at 14.64 million. In the end, Blackrock Inc. have 2.94% shares outstanding of Forestar Group Inc. (FOR) on Mar 30, 2020. The insider ownership moved to 0.10% and institutional holding shifted to 32.00%.
The company posted an EPS (TTM) of 1.02. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of -0.02, while 0.16 EPS posted a year ago period. Analyst Estimated EPS for FOR published in the report was -0.06-0.05 during the same period. Comparing with last year, the average estimated EPS was 0.16 which is lower than 0.2 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for FOR fall -16.83% for period of 200 days. SMA for 50 days was 9.74% which is showing green signal, while SMA-20 was -1.87%. The moving average value for Forestar Group Inc. (FOR) is 16.79 and 14.24 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in FOR stock. On Mar 17, BARTOK DANIEL C, Chief Executive Officer, bought 250 trading shares at the cost of $11.40, which valued at 2850.0. On Mar 13, BARTOK DANIEL C, Chief Executive Officer, bought 500 shares at the cost of $13.25, with total shares of 13,526. On Nov 25, Ringler G.F. (Rick) III, Director, sold 2,000 shares at the cost of 20.88. After this transaction, Ringler G.F. (Rick) III total shares reached to 2,000 which valued at 41764.0.