Forestar Group Inc.
Forestar Group Inc. (FOR) is listed on NYSE and classified in Real Estate - Development, part of the Real Estate sector. It is headquartered in Arlington, United States and has 402 employees. The company is worth $1.34B and trades at 7.6x its earnings of the last twelve months; the median for its sector is 22.1x. Revenue was $1.66B in fiscal 2025, up 10.1% from the year before. Net income was $167.9M. The share price is 18.2% below its 52-week high of $32.06. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $10.91M. In that quarter, 1 of them reduced the position. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +29.5% over 5Y.
today you would have $1,311.70▲ +31.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 16 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $24.63 | $25.92 | $33.07 | $15.41 | $21.75 | $20.18 | $20.85 | $22.00 | $13.30 | $10.94 | $15.40 | $21.27 | $17.33 | $15.13 | $19.30 | $21.98 | |
| P/E | 16.0x | 7.5x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 21.2% a year plus a 0.0% dividend yield. Growth capped at 25%.
Median P/E of 22.1 among peers in the sector.
Median P/E of 16.0 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Real Estate, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| OGCPEmpire State Realty OP, L.P. | $4.70 | 235.0x | 0.8x | 2.98% | 0.52% | $1.32B |
| UMHUMH Properties Inc | $15.45 | 128.8x | 2.4x | 5.83% | 3.40% | $1.32B |
| ESBAEmpire State Realty OP, L.P. | $4.60 | 230.0x | 0.7x | 3.04% | 0.52% | $1.29B |
| FISKEmpire State Realty OP, L.P. |
| 6.5x |
| 9.9x |
| 4.3x |
| 9.7x |
| 16.0x |
| 26.4x |
| 18.5x |
| 9.6x |
| — |
| 40.5x |
| 26.6x |
| 48.1x |
| 75.7x |
| 137.9x |
| 13.4x |
| P/S | 2.2x | 0.8x | 0.9x | 1.1x | 0.5x | 0.8x | 1.0x | 2.3x | 8.1x | 2.8x | 1.7x | 2.2x | 2.2x | 3.5x | 3.9x | 6.9x | 5.4x |
| P/B | 1.1x | 0.7x | 0.8x | 1.2x | 0.6x | 1.1x | 1.1x | 1.2x | 1.5x | 1.0x | 0.7x | 0.7x | 1.0x | 1.1x | 1.0x | 1.4x | 1.5x |
| EPS | $3.29 | $4.00 | $3.33 | $3.59 | $2.25 | $1.26 | $0.79 | $1.19 | $1.38 | -$6.22 | $0.38 | $0.80 | $0.36 | $0.20 | $0.14 | $1.64 |
| Profit margin | 8.58% | 10.10% | 13.48% | 11.62% | 11.77% | 8.31% | 6.53% | 7.70% | 44.01% | 29.72% | -97.47% | 6.96% | 8.86% | 7.50% | 5.28% | 5.06% | 40.41% |
| ROE | 7.65% | 9.50% | 12.76% | 12.19% | 14.92% | 10.86% | 6.98% | 4.08% | 8.32% | 10.46% | -42.47% | 2.34% | 4.13% | 2.44% | 1.40% | 1.01% | 11.40% |
Median of the years shown; P/E years above 200x are left out.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
4 methods answered, across 1 families.
Room for errors in the reported numbers.
+146.3% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| $4.51 |
| 225.5x |
| 0.7x |
| 3.10% |
| 0.52% |
| $1.26B |
| ALXAlexanders Inc | $247.25 | 7.2x | 5.6x | 7.28% | 92.02% | $1.26B |
| UNITUniti Group Inc. | $5.19 | 3.4x | 7.6x | 0.00% | — | $1.26B |