NYSE: FOR

Forestar (FOR) Stock Analysis & Forecast

Oct 12 close

$25.01−0.64 (−2.5%)

Gekko Brief

AI summaryOct 12 close

Forestar's stock rose 3.8% to $26.31 on 7 October, with commentary flagging the shares as undervalued relative to a $29.62 estimate and noting a GF Score of 84/100 built on valuation and momentum sub-ranks despite moderate financial strength. Separate coverage recapped the company's recent quarterly trend, pointing to increased Q3 and Q2 income for 2026, a Q1 2026 income drop in line with estimates, and a Q4 2025 earnings beat.

As of 12 October, Forestar closes at $25.01, down 2.5% on the day and sitting between its 50-day average of $27.55 and 200-day average of $27.43, with three-month returns of -17.6% and one-month returns of -6.9%. The GekkoIndex reads 66.5, placing the stock in the Accumulation zone, down 1.5 over the past five readings. The current price stands 38.5% below Gekko Fair Value of $40.64.

Forestar's next earnings report is scheduled for 29 October, 16 days out, falling inside a typical 20-trading-day holding window; the last report on 21 July showed EPS of $0.70 against a $0.82 estimate, with an average absolute reaction of 5.9% across recent quarters. No insider, Congress, or unusual options activity appears in the respective 90-day and 30-day windows. Seasonality from this point in the calendar has averaged a 6.1% gain over the next 20 trading days across 5 years, higher in 4 of them. The sole covering analyst holds a consensus target of $34.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Forestar price vs fair value

▲$40.64$25.01Oct ’25Apr ’26Oct ’26
Close $25.01200-day averageGekko Fair Value $40.64

Forestar quick facts

Market cap
$1.28B
P/E ratio
7.8
Forward P/E
49
EPS, TTM
$3.33
Revenue, TTM
$1.72B
Profit margin
9.9%
Dividend yield
—
Beta
1.40
Volume
214,148 avg 197,441
1-year return
−2.2%
Typical daily move
±3%
Typical 20-day move
±7.1%
50-day average
$27.55
200-day average
$27.43
Next earnings
Oct 29
Shares outstanding
51.02M
52-week range
$22.81$32.06

Forestar swing-trade checklist

Forestar scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $25.01 sits between the 50-day ($27.55) and 200-day ($27.43) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    66.5, Accumulation

    Reading 66.5 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    38.5% below

    Price is 38.5% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 17 days

    Reports on Oct 29, 2026, 17 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +6.1% on average

    From this point in the calendar, the next 20 trading days averaged +6.1% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Forestar stock chart and price history

Forestar closed at $25.01 on Oct 12, 2026, −2.2% over the past year, inside a 52-week range of $22.81 to $32.06.

Close50-day average200-day averageVolume
Forestar share price, past year, with 50-day and 200-day moving averages and volume$24$26$28$30$32NovDecJan 2026FebMarAprMayJunJulAugSepOct25.01

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−6.9%
3 months
−17.6%
6 months
−4.4%
1 year
−2.2%
The full FOR chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open FOR in Gekko

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About Forestar

Forestar focuses on turning raw land into residential building lots. The company buys parcels of ground and puts in the infrastructure needed to support new single-family home neighborhoods, and it is best known for this land development work that sits just ahead of actual home construction.

Once lots are fully prepared, Forestar sells them on to home construction companies, which then build and market the finished houses. Its role in the chain is therefore upstream of homebuilding itself, supplying ready-to-build sites rather than houses. Forestar operates as a subsidiary of D.R. Horton, Inc.

Forestar is headquartered in Arlington, Texas. Its shares are listed on the NYSE under the ticker FOR.

Listed
NYSE
Sector
Finance
Industry
Real estate development
Website
forestar.com

Forestar GekkoIndex: the smart money zone

Forestar’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 66.5, in the Accumulation zone, down 1.5 points over five sessions.

010066.5Accumulation

Down 1.5 points over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying44+1.0%+1.1%−0.9%−7.1%
Accumulation (current zone)281+0.4%+0.6%+0.4%+0.9%
Neutral339−0.4%−0.8%−0.4%−0.8%
Distribution17−2.9%−1.4%−2.7%−4.3%
Selling1Too few readings yet

Average FOR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the FOR price, zone by zone.Track FOR in Gekko

Is Forestar stock overvalued? Gekko Fair Value

Forestar trades 38.5% below Gekko Fair Value of $40.64, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Forestar shares are worth, recalculated every trading day.

$40.64

Gekko Fair Value, Oct 10, 2026

38.5% Undervalued

At the end of Aug 2026 the price was 34.9% below the estimate.

Gekko Fair ValueShare price, month end
$41$26Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open FOR in Gekko

Forestar insider and Congress trading

No open-market insider purchases were filed for Forestar, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for FOR in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every FOR insider filing, plotted on the chart in Gekko.Open FOR in Gekko

Congress trades last 90 days

No trades in FOR were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for FOR, plotted on the chart in Gekko.Open FOR in Gekko

Buybacks

Forestar has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$2.00M
As a share of market cap
0.16%
Trailing four quarters
$4.10M

From company filings.

Forestar earnings: next date and track record

Forestar reports on Oct 29, 2026 (17 days away), and beat the EPS estimate in 3 of its last 8 reports.

3 of 8reports beat the EPS estimate
±5.9%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+0.9%Oct ’24−10.1%Jan ’25−3.1%Apr ’25+16.5%Jul ’25+3.9%Oct ’25−6.2%Jan ’26+3.3%Apr ’26−2.8%Jul ’26

Last earnings call, Jul 21, 2026 AI summary

What they said
Forestar reported Q3 revenues of $407M, up 4% YoY, with 3,660 lots sold at $109K average price. EPS increased 8% to $0.70, pretax income rose 12% to $48.7M, and pretax margin expanded 80bps to 12.1%. Book value per share grew 10% YoY to $36.40. The company reached a milestone of 100,000 lots delivered since 2017 and maintains $1.1B liquidity with $2.3B contracted backlog.
Guidance
Management targets 3-4 year land supply and aims to grow D.R. Horton lot penetration from 14% to 1-in-3 homes. Headcount expected to remain flat for the remainder of the year. Focus on capital efficiency and market share consolidation amid affordability headwinds.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 21, 2026$0.70
est $0.82
−14.6%$407.0M
est $437.7M
−7.0%−2.8%
Apr 21, 2026$0.63
est $0.63
0.0%$374.3M
est $373.7M
+0.2%+3.3%
Jan 20, 2026$0.30
est $0.21
+42.9%$273.0M
est $265.6M
+2.8%−6.2%
Oct 28, 2025$1.70
est $1.26
+34.9%$670.5M
est $556.6M
+20.5%+3.9%
Jul 22, 2025$0.65
est $0.78
−16.7%$390.5M
est $556.6M
−29.8%+16.5%
Apr 17, 2025$0.64
est $0.71
−9.9%$351.0M
est $419.5M
−16.3%−3.1%
Jan 21, 2025$0.32
est $0.65
−50.8%$250.4M
est $372.8M
−32.8%−10.1%
Oct 29, 2024$1.60
est $1.31
+22.1%$551.4M
est $503.8M
+9.5%+0.9%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Forestar stock forecast and analyst price targets

Analysts’ average 12-month price target for Forestar is $34.00, +35.9% from the last close, from 1 firm rating the stock in the last 90 days.

$34.00consensus 12-month target, +35.9% from the last close
Buy0
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 1 firm.

Latest analyst actions

DateFirmRatingTargetvs price
Jul 22BTIGHold, maintained——
+0.4%average 20-day move after past Accumulation readings
+6.1%average move over the next 20 trading days in the last 5 years
±3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Forestar seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Forestar averaged +6.1% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+11.4%2021+4.9%2022+13.7%2023+3.4%2024−2.6%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.1%3 of 5
Next 10 trading days−1.9%2 of 5
Next 15 trading days+1.0%4 of 5
Next 20 trading days+6.1%4 of 5
Next 30 trading days+9.0%3 of 5

For scale, FOR’s typical 20-trading-day move in either direction is about 7.1%.

Forestar market cap and key statistics

Forestar’s market cap is $1.28B, with a P/E ratio of 7.8 and revenue of $1.72B over the last twelve months.

Valuation

Market cap
$1.28B
P/E ratio
7.8
Forward P/E
49
EPS, TTM
$3.33
Gekko Fair Value
$40.64

Trading

Volume
214,148
Avg volume, 20 days
197,441
52-week high
$32.06
52-week low
$22.81
Shares outstanding
51.02M

Financials

Revenue, TTM
$1.72B
Profit margin
9.9%
Return on equity
9.6%
Quarterly earnings growth, YoY
+8.4%

Risk and income

Beta
1.40
Typical daily move
±3%
Typical 20-day move
±7.1%

Forestar stock news this week

2 headlines about Forestar from the past week, newest first, each linking to the publisher.

Forestar peers

Forestar’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
CBRECBRE−0.2%Accumulation0.4% below
JLLJones Lang LaSalle−0.6%Accumulation22.8% below
FSVFirstService−0.3%Accumulation5.2% below
HHHHoward Hughes−0.5%Neutral13.5% above
MTHMeritage Homes−0.6%Buying33.3% below
JOESt. Joe+1.7%Neutral20.9% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Forestar stock FAQ

What is Forestar’s market cap?

Forestar’s market cap is $1.28B at the Oct 12, 2026 close of $25.01, with 51.02M shares outstanding. The shares trade on a P/E ratio of 7.8.

What is the Forestar stock forecast?

The consensus analyst 12-month price target for Forestar is $34.00, +35.9% from the last close. Of the 1 firm that rated the stock in the last 90 days, 0 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Forestar stock overvalued or undervalued?

On Gekko’s estimate Forestar is undervalued: the Oct 12, 2026 close of $25.01 is 38.5% below Gekko Fair Value of $40.64. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Forestar report earnings next?

Forestar is expected to report on Oct 29, 2026 (17 days away). Analysts expect earnings of $1.25 per share on revenue of $603.1M. Forestar beat the earnings estimate in 3 of its last 8 reports, moving 5.9% on average across the report.

What is Forestar’s 52-week high and low?

Forestar’s 52-week high is $32.06 and its 52-week low is $22.81; it closed at $25.01 on Oct 12, 2026, −2.2% over the past year. Over the last five years the shares peaked at $40.92 on Mar 28, 2024.

Is Forestar stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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