Forestar Group Inc. (NYSE:FOR) has been upgraded to Hold in a statement by TheStreet earlier today.
- Updated: November 26, 2016
TheStreet has upgraded Forestar Group Inc. (NYSE:FOR) to Hold in a statement released on 11/21/2016.
On 11/11/2016, Zacks Investment Research released a statement about Forestar Group Inc. (NYSE:FOR) upped the target price from $0.00 to $14.00 that suggested an upside of 0.12%.
Having a price of $12.85, Forestar Group Inc. (NYSE:FOR) traded 0.78% higher on the day. With the last stock price up 7.95% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. FOR has recorded a 50-day average of $11.62 and a two hundred day average of $11.95. Trade Volume was down over the average, with 72,513 shares of FOR changing hands under the typical 256,545
Recent Performance Chart
Forestar Group Inc. has PE ratio of 74.14 with a one year low of $7.95 and a one year high of $13.98 and has a market capitalization of $0.
General Company Details For Forestar Group Inc. (NYSE:FOR)
Forestar Group Inc. is a residential and mixed-use real estate development company. The Company operates through three segments: Real Estate, Oil and Gas, and Other Natural Resources. Its Real Estate segment secures entitlements and develops infrastructure on its lands for single-family residential and mixed-use communities, and manages its undeveloped land, commercial and income producing properties, mainly a hotel and its multifamily properties. Its Oil and Gas segment is an independent oil and gas exploration, development and production operation and manages its owned and leased mineral interests. Its Other Natural Resources segment manages its timber, recreational leases and water resource initiatives. The Company owns directly or through ventures interests in approximately 60 residential and mixed-use projects consisting of over 7,000 acres of real estate located in approximately 10 states and approximately 20 markets.
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