Forestar Group assumed with a Neutral at BTIG

BTIG assumed coverage of Forestar Group (FOR) with a Neutral rating. The firm is positive on the company’s lot manufacturing strategy and believes there is an opportunity for Forestar to gain market share, adding however that since 2022 it has lost market share, both nationally and with D.R. Horton (DHI), and the 2026 lot sales guidance points to limited share gains at best, the analyst tells investors in a research note.