USD 29.28
↓ -0.33 (-1.11%)
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| FOR | -1.1 | -9.2 | -9.2 | -0.9 | -16.0 | -7.2 | 37.2 | 45.2 | 75.0 | 22 |
| S&P 500 | -1.4 | -1.8 | 0.9 | 5.9 | 10.5 | 30.3 | 25.3 | 88.0 | 187.5 | 33126.5 |
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| Attribute | Value |
|---|---|
| symbol | FOR |
| name | Forestar Group Inc. |
| price | 29.28 |
| changes percentage | -1.1145 |
| change | -0.33 |
| day low | 29.2 |
| day high | 29.8 |
| year high | 40.92 |
| year low | 27.49 |
| market cap | 1483137408 |
| price avg 50 | 31.7446 |
| price avg 200 | 32.72485 |
| exchange | NYSE |
| volume | 74137 |
| avg volume | 132462 |
| open | 29.8 |
| previous close | 29.61 |
| eps | 4 |
| pe | 7.32 |
| earnings announcement | 2025-01-21T13:30:00.000+0000 |
| shares outstanding | 50653600 |
| timestamp | 2024-11-15 19:44:48 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2024 | 2023 | Y/Y change % | |
|---|---|---|---|
| 0001406587 | |||
| revenue | 1509400000 | 1436900000 | 5.05 |
| gross profit | 359300000 | 304100000 | 18.15 |
| gross profit ratio | 0.24 | 0.21 | 12.48 |
| research and development expenses | 0 | 0.15 | -100.00 |
| operating expenses | -118500000 | 97700000 | -221.29 |
| interest income | 0 | 13600000 | -100.00 |
| interest expense | 0 | 0 | NaN |
| ebitda | 240800000 | 209400000 | 15.00 |
| ebitdaratio | 0.16 | 0.14 | 11.93 |
| operating income | 240800000 | 204800000 | 17.58 |
| operating income ratio | 0.16 | 0.14 | 11.93 |
| net income | 203400000 | 166900000 | 21.87 |
| net income ratio | 0.13 | 0.12 | 16.02 |
| eps | 4.04 | 3.34 | 20.96 |
| 2024Q4 | 2024Q3 | Q/Q change % | |
|---|---|---|---|
| 0001406587 | |||
| revenue | 551400000 | 318400000 | 73.18 |
| gross profit | 131900000 | 72200000 | 82.69 |
| gross profit ratio | 0.24 | 0.23 | 5.49 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | -32000000 | 29300000 | -209.22 |
| interest income | 0 | 4400000 | -100.00 |
| interest expense | 0 | 0 | NaN |
| ebitda | 99900000 | 43100000 | 131.79 |
| ebitdaratio | 0.18 | 0.13 | 34.47 |
| operating income | 99900000 | 42900000 | 132.87 |
| operating income ratio | 0.18 | 0.13 | 34.47 |
| net income | 81600000 | 38700000 | 110.85 |
| net income ratio | 0.15 | 0.12 | 21.75 |
| eps | 1.61 | 0.76 | 111.84 |
Revenue Growth: revenue increased to 551 million in 2024Q4 from 318 million in 2024Q3 representing a change of 73.18%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 132 million in 2024Q4 from 72 million in 2024Q3 representing a change of 82.69%. This indicates a sales profitability growth, which is a positive sign for the company.
Operating Expenses: Operating Expenses decreased to -32 million in 2024Q4 from 29 million in 2024Q3 representing a change of -209.22%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 100 million in 2024Q4 from 43 million in 2024Q3 representing a change of 131.79%. The increase in EBITDA indicates improved operational efficiency and profitability.
Operating Income: Operating income increased to 100 million in 2024Q4 from 43 million in 2024Q3 representing a change of 132.87%. The increase in operating income indicates better operational performance and increased profitability.
Net Income: Net income increased to 82 million in 2024Q4 from 39 million in 2024Q3 representing a change of 110.85%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 1.61 in 2024Q4 from 1.61 in 2024Q3 representing a change of 111.84%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.
| 2024 | 2023 | Y/Y change % | |
|---|---|---|---|
| 0001406587 | |||
| total assets | 2840100000 | 2470700000 | 14.95 |
| total liabilities | 1245000000 | 1100800000 | 13.10 |
| total equity | 1595100000 | 1369900000 | 16.44 |
| cash and cash equivalents | 481200000 | 616000000 | -21.88 |
| short term investments | 0 | 0 | NaN |
| long term investments | 0 | 500000 | -100.00 |
| total current assets | 0 | 616000000 | -100.00 |
| total non current assets | 0 | 1854700000 | -100.00 |
| total current liabilities | 0 | 233700000 | -100.00 |
| total non current liabilities | 0 | 867100000 | -100.00 |
| common stock | 50700000 | 49900000 | 1.60 |
| retained earnings | 878200000 | 674800000 | 30.14 |
| total debt | 706400000 | 695000000 | 1.64 |
Total Assets: Total Assets increased to 2,840 million in 2024 from 2,471 million in 2023 representing a change of 14.95%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 1,595 million in 2024 from 1,370 million in 2023 representing a change of 16.44%. This indicates an increase in shareholders' equity.
Total Current Liabilities: Total Current Liabilities decreased to 0 million in 2024 from 234 million in 2023 representing a change of -100.0%. This indicates a lower short-term debt burden.
Common Stock: Common Stock increased to 51 in 2024 from 50 in 2023 representing a change of 1.6%. This indicates an increase in ownership interest.
Retained Earnings: Retained Earnings increased to 878 million in 2024 from 675 million in 2023 representing a change of 30.14%. This indicates an accumulated profits.
Total Liabilities: Total Liabilities increased to 1,245 million in 2024 from 1,101 million in 2023 representing a change of 13.1%. This indicates an increase in overall liabilities.
Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 481 million in 2024 from 616 million in 2023 representing a change of -21.88%. This indicates a decrease in available liquid assets.
Total Current Assets: Total Current Assets decreased to 0 million in 2024 from 616 million in 2023 representing a change of -100.0%. This indicates a worsen liquidity position.
Total Debt: Total Debt increased to 706 million in 2024 from 695 million in 2023 representing a change of 1.64%. This indicates an increase in overall debt burden.
| 2024Q4 | 2024Q3 | Q/Q change % | |
|---|---|---|---|
| 0001406587 | |||
| total assets | 2840100000 | 2675000000 | 6.17 |
| total liabilities | 1245000000 | 1162100000 | 7.13 |
| total equity | 1595100000 | 1512900000 | 5.43 |
| cash and cash equivalents | 481200000 | 359200000 | 33.96 |
| short term investments | 0 | 0 | NaN |
| long term investments | 0 | 300000 | -100.00 |
| total current assets | 0 | 419400000 | -100.00 |
| total non current assets | 0 | 2255600000 | -100.00 |
| total current liabilities | 0 | 390700000 | -100.00 |
| total non current liabilities | 0 | 771400000 | -100.00 |
| common stock | 50700000 | 50600000 | 0.20 |
| retained earnings | 878200000 | 796700000 | 10.23 |
| total debt | 706400000 | 715100000 | -1.22 |
Total Assets: Total Assets increased to 2,840 million in 2024Q4 from 2,675 million in 2024Q3 representing a change of 6.17%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 1,595 million in 2024Q4 from 1,513 million in 2024Q3 representing a change of 5.43%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 481 million in 2024Q4 from 359 million in 2024Q3 representing a change of 33.96%. This indicates an increase in available liquid assets.
Total Current Liabilities: Total Current Liabilities decreased to 0 million in 2024Q4 from 391 million in 2024Q3 representing a change of -100.0%. This indicates a lower short-term debt burden.
Common Stock: Common Stock increased to 51 in 2024Q4 from 51 in 2024Q3 representing a change of 0.2%. This indicates an increase in ownership interest.
Retained Earnings: Retained Earnings increased to 878 million in 2024Q4 from 797 million in 2024Q3 representing a change of 10.23%. This indicates an accumulated profits.
Total Debt: Total Debt decreased to 706 million in 2024Q4 from 715 million in 2024Q3 representing a change of -1.22%. This indicates a reduction in overall debt burden.
Total Liabilities: Total Liabilities increased to 1,245 million in 2024Q4 from 1,162 million in 2024Q3 representing a change of 7.13%. This indicates an increase in overall liabilities.
Total Current Assets: Total Current Assets decreased to 0 million in 2024Q4 from 419 million in 2024Q3 representing a change of -100.0%. This indicates a worsen liquidity position.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001406587 | |||
| net change in cash | 351200000 | 111200000 | 215.83 |
| operating cash flow | 364100000 | 108700000 | 234.96 |
| free cash flow | 362800000 | 105200000 | 244.87 |
| capital expenditure | -1300000 | -3500000 | 62.86 |
| depreciation and amortization | 3000000 | 2700000 | 11.11 |
| deferred income tax | 13800000 | 12500000 | 10.40 |
| stock based compensation | 4300000 | 3300000 | 30.30 |
| accounts payables | -12700000 | 40900000 | -131.05 |
| inventory | 0 | 0 | NaN |
| acquisitions net | 1600000 | 1600000 | 0.00 |
| investments in property plant and equipment | -1300000 | -3500000 | 62.86 |
| net cash used for investing activites | 300000 | 1300000 | -76.92 |
| debt repayment | -12500000 | 0 | NaN |
| common stock issued | 0 | 1700000 | -100.00 |
| common stock repurchased | -700000 | -500000 | -40.00 |
| dividends paid | 0 | 0 | NaN |
| net cash used provided by financing activities | -13200000 | 1200000 | -1200.00 |
| cash at end of period | 616000000 | 264800000 | 132.63 |
| accounts receivables | 0 | 0 | NaN |
| cash at beginning of period | 264800000 | 153600000 | 72.40 |
Net Change in Cash: Net Change in Cash increased to 351 million in 2023 from 111 million in 2022 representing a change of 215.83%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 364 million in 2023 from 109 million in 2022 representing a change of 234.96%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 363 million in 2023 from 105 million in 2022 representing a change of 244.87%. This indicates an increase in cash generated after accounting for capital expenditures.
Accounts Payables: The absolute value of Accounts Payables decreased to 13 million in 2023 from 41 million in 2022 representing a change of -131.05%. This indicates that the company has reduced its outstanding obligations to its suppliers.
Capital Expenditure: Capital Expenditure increased to -1 million in 2023 from -4 million in 2022 representing a change of 62.86%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Deferred Income Tax: Deferred Income Tax increased to 14 million in 2023 from 12 million in 2022 representing a change of 10.4%. This indicates that the company's tax liability for future periods has increased.
Stock-Based Compensation: Stock-Based Compensation increased to 4 million in 2023 from 3 million in 2022 representing a change of 30.3%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001406587 | |||
| operating cash flow | -61700000 | -59200000 | -4.22 |
| free cash flow | -52300000 | -59800000 | 12.54 |
| capital expenditure | -600000 | -600000 | 0.00 |
| depreciation and amortization | 900000 | 600000 | 50.00 |
| deferred income tax | 2000000 | 600000 | 233.33 |
| stock based compensation | 1400000 | 1800000 | -22.22 |
| accounts receivables | 0 | 0 | NaN |
| accounts payables | 9400000 | -11200000 | 183.93 |
| inventory | 0 | 0 | NaN |
| acquisitions net | 5000000 | 0 | NaN |
| investments in property plant and equipment | -600000 | -600000 | 0.00 |
| net cash used for investing activites | 4500000 | -600000 | 850.00 |
| debt repayment | 0 | 0 | NaN |
| common stock issued | 0 | 19700000 | -100.00 |
| common stock repurchased | 200000 | -2600000 | 107.69 |
| dividends paid | 0 | 0 | NaN |
| net cash used provided by financing activities | 200000 | 17100000 | -98.83 |
| net change in cash | -57000000 | -42700000 | -33.49 |
| cash at end of period | 359200000 | 416200000 | -13.70 |
| cash at beginning of period | 416200000 | 458900000 | -9.30 |
Net Change in Cash: Net Change in Cash decreased to -57 million in 2024Q3 from -43 million in 2024Q2 representing a change of -33.49%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow decreased to -62 million in 2024Q3 from -59 million in 2024Q2 representing a change of -4.22%. This indicates that the company generated less cash from its core business operations.
Deferred Income Tax: Deferred Income Tax increased to 2 million in 2024Q3 from 1 million in 2024Q2 representing a change of 233.33%. This indicates that the company's tax liability for future periods has increased.
Free Cash Flow: Free Cash Flow increased to -52 million in 2024Q3 from -60 million in 2024Q2 representing a change of 12.54%. This indicates an increase in cash generated after accounting for capital expenditures.
Stock-Based Compensation: Stock-Based Compensation decreased to 1 million in 2024Q3 from 2 million in 2024Q2 representing a change of -22.22%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Accounts Payables: The absolute value of Accounts Payables decreased to 9 million in 2024Q3 from 11 million in 2024Q2 representing a change of 183.93%. This indicates that the company has reduced its outstanding obligations to its suppliers.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q4 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2024-09-30 | 2023-09-30 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2024 | 2023 | NaN |
| revenue per share | 29.95 | 28.75 | 4.18 |
| net income per share | 4.04 | 3.34 | 20.87 |
| operating cash flow per share | None | 7.28 | NaN |
| free cash flow per share | None | 7.26 | NaN |
| cash per share | 9.55 | 12.32 | -22.52 |
| book value per share | 31.65 | 27.41 | 15.48 |
| tangible book value per share | 31.65 | 76.83 | -58.81 |
| shareholders equity per share | 31.63 | 27.39 | 15.50 |
| interest debt per share | 14.02 | 13.9 | 0.81 |
| market cap | 1631448000.0 | 1346637010.44 | 21.15 |
| enterprise value | 1856648000.0 | 1425637010.44 | 30.23 |
| pe ratio | 8.02 | 8.07 | -0.59 |
| price to sales ratio | 1.08 | 0.94 | 15.33 |
| pocfratio | 0 | 3.7 | -100.00 |
| pfcf ratio | 0 | 3.71 | -100.00 |
| pb ratio | 1.02 | 0.98 | 4.03 |
| ptb ratio | 1.02 | 0.98 | 4.03 |
| ev to sales | 1.23 | 0.99 | 23.98 |
| enterprise value over ebitda | 7.71 | 6.81 | 13.25 |
| ev to operating cash flow | 0 | 3.92 | -100.00 |
| ev to free cash flow | 0 | 3.93 | -100.00 |
| earnings yield | 0.12 | 0.12 | 0.59 |
| free cash flow yield | None | 0.27 | NaN |
| debt to equity | 0.44 | 0.51 | -12.72 |
| debt to assets | 0.25 | 0.28 | -11.58 |
| net debt to ebitda | 0.94 | 0.38 | 147.89 |
| current ratio | 0 | 2.64 | -100.00 |
| interest coverage | 0 | 0 | NaN |
| income quality | 0 | 2.18 | -100.00 |
| dividend yield | None | 0 | NaN |
| payout ratio | None | 0 | NaN |
| sales general and administrative to revenue | 0 | 0 | NaN |
| research and ddevelopement to revenue | 0 | 0.0 | -100.00 |
| intangibles to total assets | 0 | -1 | 100.00 |
| capex to operating cash flow | 0 | 0.0 | -100.00 |
| capex to revenue | None | 0.0 | NaN |
| capex to depreciation | 0 | 0.43 | -100.00 |
| stock based compensation to revenue | None | 0.0 | NaN |
| graham number | 53.59 | 45.36 | 18.15 |
| roic | 0.08 | 0.07 | 5.47 |
| return on tangible assets | 0.07 | 0.03 | 112.04 |
| graham net net | -15.15 | -9.31 | -62.73 |
| working capital | 0 | 382300000 | -100.00 |
| tangible asset value | 1595100000 | 3840600000 | -58.47 |
| net current asset value | -1245000000 | -484800000 | -156.81 |
| invested capital | 7100000 | -2082500000 | 100.34 |
| average receivables | 12850000 | 18550000 | -30.73 |
| average payables | 34200000 | 70300000 | -51.35 |
| average inventory | 0.5 | -20149999.5 | 100.00 |
| days sales outstanding | 0 | 6.53 | -100.00 |
| days payables outstanding | 0 | 22.04 | -100.00 |
| days of inventory on hand | 0 | 0.0 | -100.00 |
| receivables turnover | 0 | 55.91 | -100.00 |
| payables turnover | 0 | 16.56 | -100.00 |
| inventory turnover | 0 | 1132800000 | -100.00 |
| roe | 0.13 | 0.12 | 4.65 |
| capex per share | None | 0.03 | NaN |
ROE:
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 8.02 on 2024-09-30 from 8.07 on 2023-09-30, representing a change of -0.59%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 0.00 on 2024-09-30 from 2.64 on 2023-09-30, representing a change of -100.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.44 on 2024-09-30 from 0.51 on 2023-09-30, representing a change of -12.72%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
| 2024-09-30 Q4 | 2024-06-30 Q3 | Q/Q change % | |
|---|---|---|---|
| FOR | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 10.88 | 6.27 | 73.37 |
| net income per share | 1.61 | 0.76 | 111.08 |
| operating cash flow per share | None | -1.22 | NaN |
| free cash flow per share | None | -1.03 | NaN |
| cash per share | 9.49 | 7.08 | 34.11 |
| book value per share | 31.46 | 29.81 | 5.55 |
| tangible book value per share | 31.46 | 29.81 | 5.55 |
| shareholders equity per share | 31.44 | 29.79 | 5.55 |
| interest debt per share | 13.93 | 13.91 | 0.15 |
| market cap | 1641159000.0 | 1594730771.92 | 2.91 |
| enterprise value | 1866359000.0 | 1950630771.92 | -4.32 |
| pe ratio | 5.03 | 10.3 | -51.19 |
| price to sales ratio | 2.98 | 5.01 | -40.57 |
| pocfratio | 0 | -25.85 | 100.00 |
| pfcf ratio | 0 | -30.49 | 100.00 |
| pb ratio | 1.03 | 1.05 | -2.40 |
| ptb ratio | 1.03 | 1.05 | -2.40 |
| ev to sales | 3.38 | 6.13 | -44.75 |
| enterprise value over ebitda | 18.68 | 45.26 | -58.72 |
| ev to operating cash flow | 0 | -31.61 | 100.00 |
| ev to free cash flow | 0 | -37.3 | 100.00 |
| earnings yield | 0.05 | 0.02 | 104.89 |
| free cash flow yield | None | -0.03 | NaN |
| debt to equity | 0.44 | 0.47 | -5.12 |
| debt to assets | 0.25 | 0.26 | -5.77 |
| net debt to ebitda | 2.25 | 8.26 | -72.70 |
| current ratio | 0 | 1.07 | -100.00 |
| interest coverage | 0 | 0 | NaN |
| income quality | 0 | -1.59 | 100.00 |
| dividend yield | None | 0 | NaN |
| payout ratio | None | 0 | NaN |
| sales general and administrative to revenue | 0 | 0 | NaN |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0 | 0 | NaN |
| capex to operating cash flow | 0 | -0.01 | 100.00 |
| capex to revenue | None | 0.0 | NaN |
| capex to depreciation | 0 | 0.67 | -100.00 |
| stock based compensation to revenue | None | 0.0 | NaN |
| graham number | 33.74 | 22.61 | 49.27 |
| roic | 0.03 | 0.01 | 125.14 |
| return on tangible assets | 0.03 | 0.01 | 98.60 |
| graham net net | -15.07 | -15.33 | 1.74 |
| working capital | 0 | 28700000 | -100.00 |
| tangible asset value | 1595100000 | 1512900000 | 5.43 |
| net current asset value | -1245000000 | -742700000 | -67.63 |
| invested capital | 7100000 | 43600000 | -83.72 |
| average receivables | 16500000 | 30750000 | -46.34 |
| average payables | 35450000 | 66300000 | -46.53 |
| average inventory | 0.5 | 0.5 | 0.00 |
| days sales outstanding | 0 | 9.33 | -100.00 |
| days payables outstanding | 0 | 25.92 | -100.00 |
| days of inventory on hand | 0 | 0.0 | -100.00 |
| receivables turnover | 0 | 9.65 | -100.00 |
| payables turnover | 0 | 3.47 | -100.00 |
| inventory turnover | 0 | 246200000 | -100.00 |
| roe | 0.05 | 0.03 | 99.98 |
| capex per share | None | 0.01 | NaN |
ROE: Return on Equity (ROE) increased to 0.05 on 2024-09-30 Q4 from 0.03 on 2024-06-30 Q3, representing a change of 99.98%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 5.03 on 2024-09-30 Q4 from 10.30 on 2024-06-30 Q3, representing a change of -51.19%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 0.00 on 2024-09-30 Q4 from 1.07 on 2024-06-30 Q3, representing a change of -100.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.44 on 2024-09-30 Q4 from 0.47 on 2024-06-30 Q3, representing a change of -5.12%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
None
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Positive
Publish Date: 2024-10-29 16:07:07
Forestar Group Inc. (NYSE:FOR ) Q4 2024 Earnings Conference Call October 29, 2024 11:00 AM ET Company Participants Katie Smith - Director of Finance and IR Andy Oxley - President and CEO Jim Allen - CFO Mark Walker - COO Conference Call Participants Carl Reichardt - BTIG Asher Sohnen - Citigroup Trevor Allinson - Wolfe Research Alex Barron - Housing Research Center Operator Good morning, and welcome to Forestar's Fourth Quarter and Fiscal 2024 Earnings Conference Call. At this time all participants are in a listen-on mod, and we will open for questions following the presentation.
Sentiment: Positive
Publish Date: 2024-10-29 06:30:00
ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar Group Inc. (“Forestar”) (NYSE: FOR), a leading national residential lot developer, today reported financial results for its fourth quarter and fiscal year ended September 30, 2024. Fiscal 2024 Fourth Quarter Highlights All comparisons are year-over-year Net income increased 13% to $81.6 million or $1.60 per diluted share Pre-tax income increased 14% to $108.5 million, with a pre-tax profit margin of 19.7% Revenues of $551.4 million on 5,374 lots sold.
Sentiment: Positive
Publish Date: 2024-10-03 13:40:19
Interest rate cut and healthy demand for certain real estate categories poise Real Estate Development industry players like HHH, GRBK and FOR well for growth.
Sentiment: Positive
Publish Date: 2024-09-22 09:17:44
Forestar Group is well-positioned to benefit from persistent residential housing shortage and a favorable interest rate environment, driving demand for residential lots and land sales. The company aims to double its market share to 5% by leveraging its national footprint and strategic relationship with D.R. Horton, but also with other builders too. Forestar's disciplined focus on return on equity and selective project underwriting enhances profitability and minimizes risk, ensuring high-quality developments.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
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| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
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