Forestar (FOR) has disclosed a new risk, in the Litigation & Legal Liabilities category.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Forestar faces significant business risks due to ongoing and potential future litigation, which could lead to substantial defense costs and judgments that may not be fully covered by insurance. The inherent uncertainty of legal proceedings means that the outcomes of these claims could unpredictably impact Forestar’s operations and financial stability. Furthermore, such legal challenges may result in negative publicity, potentially harming the company’s reputation and market position. As Forestar continues to defend itself vigorously, the resolution of these matters remains a critical concern for its future business prospects.
Overall, Wall Street has a Strong Buy consensus rating on FOR stock based on 3 Buys and 1 Hold.
To learn more about Forestar’s risk factors, click here.