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Forestar Group Inc (FOR)
NYSE:FOR
Earnings Data
Report Date
Jul 22, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.78Last Year’s EPS
0.76Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 17, 2025
|% Change Since: -0.68%
|Next Earnings Date:Jul 22, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed performance with several positive aspects such as increased revenue, expanded market presence, and strong liquidity. However, these are offset by challenges like decreased net income, lower profit margins, and increased SG&A expenses. The company faces headwinds in the homebuilding market due to affordability constraints and consumer confidence issues.Company Guidance
During Forestar Group Inc.'s second-quarter 2025 earnings call, the company provided updated guidance, expecting to deliver between 15,000 and 15,500 lots, generating $1.5 to $1.55 billion in revenue for fiscal 2025. Forestar reported $31.6 million in net income, or $0.62 per diluted share, with revenues increasing by 5% year-over-year to $351 million. The company sold 3,411 lots, a 4% year-over-year increase, and lots under contract rose 41% to 25,400, representing 37% of their owned lot position. The current backlog, valued at $2.3 billion, is the highest in four years. Forestar has strong liquidity of $800 million and a net debt to capital ratio of 29.8%, supported by a refinancing transaction extending their debt maturity profile. The company is focused on maintaining a minimum 15% pre-tax return on inventory and expects to invest approximately $1.9 billion in land acquisition and development in fiscal 2025. Despite headwinds from home affordability constraints, Forestar aims to expand market share and maintain stable gross margins between 21% and 23%.Increased Revenue and Lot Sales
Forestar Group Inc. generated $351 million in revenue, a 5% increase from the prior year quarter. Lot sales increased by 4% from the previous year and 46% sequentially, reaching 3,411 lots.
Strong Contracted Backlog
The company reported a 41% increase in lots under contract to sell, totaling 25,400 lots, which represents $2.3 billion of future revenue, marking the highest contracted backlog in the last four years.
Liquidity and Financial Strength
Forestar Group Inc. increased its liquidity position to approximately $800 million and extended its debt maturity profile through a refinancing transaction. The company ended the quarter with $792 million in liquidity and an 11% increase in book value per share.
Market Expansion
Forestar Group Inc. expanded into ten new markets and increased its community count by 21%, showing diversification and growth in its operations.
FOR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FOR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 17, 2025 | $19.04 | $18.93 | -0.58% |
Jan 21, 2025 | $26.79 | $24.27 | -9.41% |
Oct 29, 2024 | $31.82 | $31.75 | -0.22% |
Jul 18, 2024 | $36.00 | $31.24 | -13.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Forestar Group Inc (FOR) report earnings?
Forestar Group Inc (FOR) is schdueled to report earning on Jul 22, 2025, TBA Not Confirmed.
What is Forestar Group Inc (FOR) earnings time?
Forestar Group Inc (FOR) earnings time is at Jul 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FOR EPS forecast?
FOR EPS forecast for the fiscal quarter 2025 (Q3) is 0.78.