Latest news with #ForestarGroupInc
Yahoo
4 days ago
- Business
- Yahoo
Forestar Group Inc. to Release 2025 Third Quarter Earnings on July 22, 2025
ARLINGTON, Texas, June 04, 2025--(BUSINESS WIRE)--As previously announced, Forestar Group Inc. (NYSE: FOR) will release financial results for its third quarter ended June 30, 2025 on Tuesday, July 22, 2025 before the market opens. The Company will host a conference call that morning at 11:00 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 716713. Participants are encouraged to call in five minutes before the call begins (10:55 a.m. ET). The call will also be webcast from the Company's website at A replay of the call will be available after 3:00 p.m. ET on Tuesday, July 22, 2025 at 877-481-4010. When calling, please reference replay passcode 52408. The teleconference replay will be available through July 29, 2025. The webcast replay will be available from the Company's website at through November 15, 2025. About Forestar Group Inc. Forestar Group Inc. is a residential lot development company with operations in 65 markets and 24 states. Based in Arlington, Texas, the Company delivered more than 14,300 residential lots during the twelve-month period ended March 31, 2025. Forestar is a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. View source version on Contacts Chris Hibbetts, 817-769-1860Vice President of Finance & Investor RelationsInvestorRelations@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
4 days ago
- Business
- Business Wire
Forestar Group Inc. to Release 2025 Third Quarter Earnings on July 22, 2025
ARLINGTON, Texas--(BUSINESS WIRE)--As previously announced, Forestar Group Inc. (NYSE: FOR) will release financial results for its third quarter ended June 30, 2025 on Tuesday, July 22, 2025 before the market opens. The Company will host a conference call that morning at 11:00 a.m. Eastern Time (ET). The dial-in number is 888-506-0062. When calling, please reference access code 716713. Participants are encouraged to call in five minutes before the call begins (10:55 a.m. ET). The call will also be webcast from the Company's website at A replay of the call will be available after 3:00 p.m. ET on Tuesday, July 22, 2025 at 877-481-4010. When calling, please reference replay passcode 52408. The teleconference replay will be available through July 29, 2025. The webcast replay will be available from the Company's website at through November 15, 2025. About Forestar Group Inc. Forestar Group Inc. is a residential lot development company with operations in 65 markets and 24 states. Based in Arlington, Texas, the Company delivered more than 14,300 residential lots during the twelve-month period ended March 31, 2025. Forestar is a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002.
Yahoo
11-04-2025
- Business
- Yahoo
Is Forestar Group Inc. (FOR) the Best Russell 2000 Stock to Buy According to Wall Street Analysts?
We recently published a list of . In this article, we are going to take a look at where Forestar Group Inc. (NYSE:FOR) stands against other best Russell 2000 stocks to buy according to Wall Street analysts. Since President Trump announced new tariffs, the U.S. stock market has been steadily declining. The Wall Street Journal has estimated the loss to be around $6.6 trillion. Many large economies like China and the EU have started retaliating against these new rates, sparking a global trade war and making investors scramble to make sense of the chaos. READ ALSO: Is this a buying opportunity or a trap? This is the question investors, market experts, and analysts are currently asking themselves. While social media is buzzing with calls to buy the dip, experts call the attempts to time the market a fool's errand. Predicting market moves is impossible without sheer luck, and when investors make their decisions by relying on such luck, they also inherit the huge risk accompanying it. Waiting on the sidelines can be painful, too, since some experts strongly believe that the best returns follow the most significant dips. To use the opportunity, however, investors need disciplined strategies backed by valuable information regarding the market and the stocks. Combining the strategy with credible information, we have compiled a list of the 11 best Russell small-cap stocks that income-seeking investors may be interested in buying. Though mega-cap stocks dominate the headlines, small-cap companies in the Russell index also quietly steal the spotlight. These companies, often called America's economic backbone, are domestically focused, which prevents them from taking on the full impact of tariff crossfires. Also, thanks to their agility and growth potential, small caps have a history of outperforming large caps during early-cycle recoveries. The consecutive rate cuts by the Fed to counter recession risks this year could also favor these stocks since low borrowing cost leads to progress in the companies' expansion plans. Understanding their potential, Wall Street analysts are combing through the Russell small-cap companies to find valuable stocks that incorporate resilience and growth. Amidst the growing uncertainties surrounding the mid-caps and even large-caps, small-caps in the Russell index, backed by the analysts' ratings, might prove to be a safer harbor for investors. We have put together our list by following a few criteria. Primarily, all the stocks we have considered for our list are small caps and part of the Russell 2000. We have filtered out those stocks that do not have a strong Buy rating from the analysts. The criteria ensured that all the picks in our list have future growth potential, benefiting income-seeking investors. The average volume has been set at 100,000 to gather stocks with strong liquidity. Additionally, we have included only those stocks with positive earnings per share (EPS) over the past five years, which provides a historical overview of the companies' growth. All the data in the article was taken from financial databases and analyst reports, with all information updated as of April 7, 2025. To rank the stocks, we used the hedge funds in the Insider Monkey database as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). An aerial view of a large, newly constructed residential community in Arlington, Texas. Forestar Group Inc. (NYSE:FOR) is a residential and real estate development company focused on lot development for homebuilders. The company runs its operations primarily across the southern and southeastern United States from its headquarters in Texas. It functions as a strategic land supplier for D.R. Horton, its majority shareholder in these regions. The company takes on its competitors in the market with strong capital backing and geographic diversification. Their growth model is centered around land acquisition discipline and scalable development execution. Despite a slow recovery after the pandemic, the real estate market notably favored the company, with a 38.51% EPS gain over five years. Delivering over 2300 lots, Forestar Group Inc. (NYSE:FOR) generated approximately $250.4 million in the first quarter of 2025. The number of owned lots has also increased nearly twice that of the previous year, reaching the highest number since 2020. Government delays are extending the cycle time at an unprecedented rate. However, significant investment in land acquisitions, with a 50% increase in the last quarter, is expected to reflect positively on the company's revenue in 2025. Institutional interest in Forestar Group Inc. (NYSE:FOR) stands low compared to other Russell 2000 stocks on our list, with only 16 hedge funds holding stakes. However, an upside potential of 51.73% and a Buy rating from analysts increase its appeal among investors looking to buy within the housing development segment. Overall,FOR ranks 11th on our list of best Russell 2000 stocks to buy according to Wall Street analysts. While we acknowledge the potential of FOR, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FOR but trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Associated Press
12-03-2025
- Business
- Associated Press
Forestar Group Inc. Announces Expiration and Final Results of Tender Offer for Any and All of its 3.850% Senior Notes due 2026
ARLINGTON, Texas--(BUSINESS WIRE)--Mar 12, 2025-- Forestar Group Inc. (NYSE: FOR) announced today the expiration and final results of the previously announced cash tender offer (the 'Tender Offer') to purchase any and all of its outstanding 3.850% Senior Notes due 2026 (the 'Notes') listed in the following table upon the terms and conditions described in the offer to purchase, dated March 5, 2025 (the 'Offer to Purchase'), and the related notice of guaranteed delivery, dated March 5, 2025 (the 'Notice of Guaranteed Delivery' and, together with the Offer to Purchase, the 'Offer Documents'). Title of Security CUSIP Numbers / ISINs Principal Amount Outstanding Principal Amount Tendered (2) Percent of Outstanding Principal Amount Tendered (2) 3.850% Senior Notes due 2026 (1) Rule 144A: 346232 AF8 / US346232AF83 Reg. S: U3455L AC8 / USU3455LAC82 $400,000,000 $329,434,000 82.36% (1) On or after May 15, 2025, Forestar is entitled to redeem all or a part of the Notes, at a redemption price of 100.000% of the principal amount thereof, plus accrued and unpaid interest, if any, to but excluding the applicable redemption date. (2) Not including $667,000 in aggregate principal amount tendered pursuant to the guaranteed delivery procedures, for which delivery of such Notes must be made by 5:00 p.m., New York City time, on March 13, 2025. The Tender Offer expired at 5:00 p.m., New York City time, on March 11, 2025 (the 'Expiration Time'). Tendered Notes may not be withdrawn after the Expiration Time. As of the Expiration Time, Forestar had received tenders for an aggregate principal amount of $329,434,000 of the outstanding Notes, or 82.36% of the aggregate principal amount of the Notes outstanding. These amounts exclude $667,000 aggregate principal amount of the Notes that remain subject to the guaranteed delivery procedures described in the Offer to Purchase. Guaranteed deliveries will expire at 5:00 p.m., New York City time, on March 13, 2025. Holders of the Notes validly tendered, and not validly withdrawn, and accepted for purchase pursuant to the Tender Offer, will receive the purchase price of $999.46 per $1,000 principal amount of the Notes accepted for purchase (the 'Purchase Price'), plus accrued and unpaid interest thereon from the last interest payment date up to, but excluding, the settlement date for all Notes tendered prior to the Expiration Time or pursuant to a Notice of Guaranteed Delivery, which date is currently expected to be March 14, 2025. There can be no assurance that any Notes will be purchased. The Tender Offer is conditioned upon the satisfaction of certain conditions, including the completion of a contemporaneous debt financing (the 'Debt Financing') by Forestar on terms and conditions (including, but not limited to, the amount of proceeds raised in such financing) satisfactory to Forestar. The Tender Offer is not an offer to sell or a solicitation of an offer to buy any debt instruments or otherwise an invitation to participate in the Debt Financing. The Tender Offer is not conditioned upon any minimum amount of Notes being tendered. The Tender Offer may be amended, extended, terminated or withdrawn. Forestar intends to use a portion of the net proceeds from the Debt Financing to pay the Purchase Price for Notes validly tendered, and not validly withdrawn, and accepted for purchase pursuant to the Tender Offer. From time to time, subject to applicable law, after completion of the Tender Offer, Forestar or its affiliates may purchase additional Notes in the open market, in privately negotiated transactions, through tender offers, exchange offers, or otherwise, or Forestar may redeem Notes that Forestar is permitted to redeem pursuant to their terms. Any future purchases may be on the same terms or on terms that are more or less favorable to Holders of Notes than the terms of the Tender Offer and could occur as soon as the Expiration Time. Any future purchases by Forestar or its affiliates will depend on various factors existing at that time. There can be no assurance as to which, if any, of these alternatives (or combinations thereof) Forestar or its affiliates may choose to pursue in the future. Forestar has retained J.P. Morgan Securities LLC, Mizuho Securities USA LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC to serve as Dealer Managers for the Tender Offer. Questions regarding the terms of the Tender Offer may be directed to J.P. Morgan Securities LLC, Liability Management Group, at (866) 834-4666 (toll-free) or (212) 834-7489 (collect). This press release shall not constitute an offer to purchase or the solicitation of an offer to sell the Notes or any other securities, nor shall there be any offer or sale of any Notes or other securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any jurisdiction. About Forestar Group Inc. Forestar Group Inc. is a residential lot development company with operations in 62 markets and 24 states. Based in Arlington, Texas, Forestar delivered more than 14,200 residential lots during the twelve-month period ended December 31, 2024. Forestar is a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. Forward-Looking and Cautionary Statements This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Although Forestar believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. All forward-looking statements are based upon information available to Forestar on the date this release was issued. Forestar does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. All statements, other than statements of historical fact, included in this press release regarding, among other things, the expected settlement of the Tender Offer, the Debt Financing and the use of proceeds therefrom and our strategy, plans and objectives of management, are forward-looking statements. When used in this press release, the words 'could,' 'should,' 'will,' 'believe,' 'anticipate,' 'intend,' 'estimate,' 'expect' and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on current expectations, estimates, forecasts and projections as well as the current beliefs and assumptions of management. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control, including, but not limited to, market risks and uncertainties, including those which might affect the Debt Financing or the Tender Offer. Should one or more of these risks or uncertainties occur, or should any underlying assumptions prove incorrect, our actual results and plans could differ materially from those expressed in any forward-looking statements. All forward-looking statements, expressed or implied, included in this press release are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that we or persons acting on our behalf may issue. SOURCE: Forestar Group Inc. Copyright Business Wire 2025. PUB: 03/12/2025 06:30 AM/DISC: 03/12/2025 06:30 AM
Associated Press
05-03-2025
- Business
- Associated Press
Forestar Announces Proposed Offering of Senior Unsecured Notes
Forestar Group Inc. (NYSE: FOR) ('Forestar') today announced that it is proposing to sell $500 million aggregate principal amount of senior unsecured notes due 2033 (the 'Notes'). The Notes will be offered and sold in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the 'Securities Act'), and to non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act. Forestar intends to use the net proceeds from this offering to fund a tender offer for any and all of its $400 million aggregate principal amount of existing 3.850% Senior Notes due 2026 and for general corporate purposes, including to repay outstanding borrowings under the Company's credit facility. The Notes have not been and will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States or to, or for the benefit of, U.S. persons absent registration under, or an applicable exemption from, the registration requirements of the Securities Act and applicable state securities laws. This announcement does not constitute an offer to sell or a solicitation of an offer to buy the Notes or any other security and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which, or to any persons to whom, such an offer, solicitation or sale would be unlawful. Any offers of the Notes will be made only by means of a private offering memorandum. About Forestar Group Inc. Forestar Group Inc. is a residential lot development company with operations in 62 markets and 24 states. Based in Arlington, Texas, the Company delivered more than 14,200 residential lots during the twelve-month period ended December 31, 2024. Forestar is a majority-owned subsidiary of D.R. Horton, the largest homebuilder by volume in the United States since 2002. Forward-Looking Statements Portions of this document may constitute 'forward-looking statements' as defined by the Private Securities Litigation Reform Act of 1995. Although Forestar believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. All forward-looking statements are based upon information available to Forestar on the date this release was issued. Forestar does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Factors that may cause the actual results to be materially different from the future results expressed by the forward-looking statements include, but are not limited to: the effect of D.R. Horton's controlling level of ownership on Forestar and the holders of Forestar's securities; Forestar's ability to realize the potential benefits of the strategic relationship with D.R. Horton; the effect of Forestar's strategic relationship with D.R. Horton on its ability to maintain relationships with its customers; the cyclical nature of the homebuilding and lot development industries and changes in economic, real estate and other conditions; the impact of significant inflation, higher interest rates or deflation; supply shortages and other risks of acquiring land, construction materials and skilled labor; the effects of public health issues such as a major epidemic or pandemic; the impacts of weather conditions and natural disasters; health and safety incidents relating to Forestar's operations; Forestar's ability to obtain or the availability of surety bonds to secure its performance related to construction and development activities and the pricing of bonds; the impact of governmental policies, laws or regulations and actions or restrictions of regulatory agencies; Forestar's ability to achieve its strategic initiatives; continuing liabilities related to assets that have been sold; the cost and availability of property suitable for residential lot development; general economic, market or business conditions where Forestar's real estate activities are concentrated; Forestar's dependence on relationships with national, regional and local homebuilders; competitive conditions in its industry; obtaining reimbursements and other payments from governmental districts and other agencies and timing of such payments; Forestar's ability to succeed in new markets; the conditions of the capital markets and Forestar's ability to raise capital to fund expected growth; Forestar's ability to manage and service its debt and comply with its debt covenants, restrictions and limitations; the volatility of the market price and trading volume of Forestar's common stock; Forestar's ability to hire and retain key personnel; and the strength of Forestar's information technology systems and the risk of cybersecurity breaches and its ability to satisfy privacy and data protection laws and regulations. Additional information about issues that could lead to material changes in performance is contained in Forestar's annual report on Form 10-K and its most recent quarterly report on Form 10-Q, both of which are filed with the Securities and Exchange Commission. SOURCE: Forestar Group Inc. Copyright Business Wire 2025. PUB: 03/05/2025 07:45 AM/DISC: 03/05/2025 07:47 AM
