Forestar Group (NYSE:FOR) Stock, Quote.Headers.trade-ideas

Forestar Group

Forestar Group Inc is a residential lot development company with operations across the United States. The core business segment for the company is real estate which generates all of it's revenues. The firm fundamentally acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency. Single-family residential communities account for the majority of their real estate projects. The company utilizes a lower-risk business model mainly by investing in short duration, phased development projects.

Dominos pizza

News

Intraday Update

Markets

Movers

Trading Ideas

ACXP

ADTX

AGEN

APVO

AREB

BYND

CETU

CHUY

COMM

CSIQ

CURV

FDMT

FTEL

INFY

JCSE

KOPN

LCFY

LESL

LGVN

LPSN

NKGN

ONCO

SDST

SILO

SPWR

TCBI

TCRT

VIRT

ZIMV

Why Domino&#39;s Pizza Shares Are Trading Lower By Over 11%? Here Are Other Stocks Moving In Thursday&#39;s Mid-Day Session

Short Ideas

Small Cap

Pre-Market Outlook

CHCI

As of April 4, 2024, three stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 3 Real Estate Stocks That Are Ticking Portfolio Bombs

Magnifying,Glass,In,Front,Of,An,Open,Newspaper,With,Paper

Equities

Large Cap

Long Ideas

REIT

Dividends

Real Estate

With interest rates anticipated to lower in 2024, we&#39;ll look at three real estate stocks that are currently trading at favorable valuations.

3 Real Estate Stocks Trading At Attractive Valuations As The Fed Is Set To Lower Rates In 2024

Forestar Group Inc

ForTube - United States Dollar

Forian Inc

Forward Industries Inc

Fortis Inc

Formidable ETF

Four Leaf Acquisition Corporation - Class A Common Stock

Four Leaf Acquisition Corp

Four Leaf Acquisition Corporation - Warrants

FormFactor Inc

Forrester Research Inc

Ampleforth Governance Token - United States Dollar

Formula Systems (1985) Ltd. - American Depositary Shares

Formula Systems (1985) Ltd

ForU Holdings Inc

Forwardly Inc

FORZA INNOVATIONS INC by FORZA INNOVATIONS INC.

Forza Innovations Inc

Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $40.5, along with a high estimate of $46.00 and a low estimate of $36.00. Experiencing a 3.85% decline, the current average is now lower than the previous average price target of $42.12. 
<img src="https://www.benzinga.com/files/images/story/2024/1721923221_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Forestar Group. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Rehaut</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$36.00</td>
<td>$37.50</td>
</tr>
<tr>
<td>Ryan Gilbert</td>
<td>BTIG</td>
<td>Lowers</td>
<td>Buy</td>
<td>$37.00</td>
<td>$41.00</td>
</tr>
<tr>
<td>Anthony Pettinari</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$43.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Anthony Pettinari</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$46.00</td>
<td>$44.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Forestar Group. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Forestar Group compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Forestar Group's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Forestar Group's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FOR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Forestar Group analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Delving into Forestar Group's Background</h2>
Forestar Group Inc is a residential lot development company with operations across the United States. The core business segment for the company is real estate which generates all of it's revenues. The firm fundamentally acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency. Single-family residential communities account for the majority of their real estate projects. The company utilizes a lower-risk business model mainly by investing in short duration, phased development projects.
<h3>Forestar Group: Financial Performance Dissected</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Forestar Group's revenue growth over a period of 3 months has faced challenges. As of 30 June, 2024, the company experienced a revenue decline of approximately -13.69%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Forestar Group's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 12.15%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Forestar Group's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.59%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Forestar Group's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.47% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Forestar Group's debt-to-equity ratio is below the industry average at 0.47, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>The Basics of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

4 Analysts Assess Forestar Group: What You Need To Know

JP Morgan analyst Michael Rehaut maintains Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) with a Neutral and lowers the price target from $37.5 to $36.

Price Target

JP Morgan Maintains Neutral on Forestar Group, Lowers Price Target to $36

BTIG analyst Ryan Gilbert maintains Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) with a Buy and lowers the price target from $41 to $37.

BTIG Maintains Buy on Forestar Group, Lowers Price Target to $37

Shares of Domino&#8217;s Pizza, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) fell sharply during Thursday's session after the company reported <a href="https://www.benzinga.com/news/earnings/24/07/39834307/dominos-pizza-suspends-1-100-global-net-store-outlook-after-q2-earnings-stock-tumbles">mixed quarterly results.</a>
The company reported second-quarter FY24 sales growth of 7.1% year-on-year to $1.097 billion, missing the analyst consensus estimate of $1.103 billion.
The company is temporarily suspending its guidance metric of 1,100+ global net stores growth until the full effect of DPE's store opens and closures on international net store growth are known.
Domino&#8217;s Pizza shares dipped 11.2% to $420.36 on Thursday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Onconetix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONCO#NASDAQ">ONCO</a>) climbed 97.6% to $0.2944. On July 15, Onconetix announced closing of warrant exercise for $1.11 million gross proceeds.</li>
<li>Silo Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SILO#NASDAQ">SILO</a>) jumped 71.6% to $3.86. Silo Pharma said it has entered into a Device and CMC Development Master Plan with Resyca BV, a medical technology provider.</li>
<li>Chuy&#8217;s Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHUY#NASDAQ">CHUY</a>) rose 47.6% to $37.29 after the company and Darden Restaurants, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) jointly announced that Darden will acquire Chuy's Holdings.</li>
<li>JE Cleantech Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JCSE#NASDAQ">JCSE</a>) jumped 24.8% to $0.8873.</li>
<li>CommScope Holding Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COMM#NASDAQ">COMM</a>) gained 19% to $2.0407. Amphenol announced plans to acquire mobile networks businesses from CommScope.</li>
<li>LivePerson, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LPSN#NASDAQ">LPSN</a>) gained 18% to $1.1500. LivePerson is expected to release its second quarter financial results after the closing bell on Wednesday, July 31.</li>
<li>Kopin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOPN#NASDAQ">KOPN</a>) rose 16% to $1.32. Kopin said it has achieved production approval milestone on next generation F-35 OLEDoS Microdisplay.</li>
<li>NKGen Biotech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKGN#NASDAQ">NKGN</a>) surged 15.3% to $1.08 after the company announced it will present new SNK01 biomarker data at the Alzheimer&#8217;s Association International Conference.</li>
<li>ZimVie Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZIMV#NASDAQ">ZIMV</a>) gained 14.7% to $21.74.</li>
<li>Virtu Financial, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>) rose 13.2% to $26.61 after the company reported better-than-expected second-quarter financial results.</li>
<li>Acurx Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACXP#NASDAQ">ACXP</a>) rose 10.7% to $2.90.</li>
<li>D.R. Horton, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) shares rose 10.6% to $174.29 after the company reported better-than-expected third-quarter financial results and revised its FY24 guidance. Also, the company authorized a new $4 billion share repurchase.</li>
<li>Canadian Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) gained 8.3% to $17.89.</li>
<li>Infosys Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INFY#NYSE">INFY</a>) rose 7.4% to $22.07 as the company reported first-quarter revenue growth of 2.5% in constant currency terms year-on-year to $4.71 billion, beating the analyst consensus estimate of $4.65 billion.</li>
<li>Ostin Technology Group Co Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) shares climbed 7.1% to $0.2944.</li>
<li>Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) gained 6% to $135.83 in sympathy with D.R. Horton, which reported better-than-expected third-quarter financial results.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Agenus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGEN#NASDAQ">AGEN</a>) shares fell 52.7% to $8.36 after the company announced the FDA discouraged an accelerated approval pathway at the end-of-Phase 2 meeting.</li>
<li>Leslie&#8217;s, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LESL#NASDAQ">LESL</a>) fell 30.7% to $2.83 after the company reported preliminary financial results for the third quarter and cut its full-year guidance. Multiple analysts also lowered price targets on the stock Thursday morning.</li>
<li>Alaunos Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCRT#NASDAQ">TCRT</a>) fell 26% to $4.57. Alaunos Therapeutics announced a reverse stock split of 1-for-10, effective July 18.</li>
<li>Aptevo Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APVO#NASDAQ">APVO</a>) shares fell 23% to $0.4471 after jumping 76% on Wednesday. On July 1, Aptevo Therapeutics announced the closing of $2.75 million offering.</li>
<li>Aditxt, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTX#NASDAQ">ADTX</a>) shares fell 19.7% to $1.86. Aditxt shares climbed around 46% on Wednesday after the company and Evofem amended and restated their merger agreement.</li>
<li>Locafy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCFY#NASDAQ">LCFY</a>) fell 19% to $5.33.</li>
<li>SunPower Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPWR#NASDAQ">SPWR</a>) fell 17.2% to $2.0850.</li>
<li>Torrid Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CURV#NYSE">CURV</a>) fell 16.7% to $7.16 after Morgan Stanley downgraded the stock from Equal-Weight to Underweight and maintained its $5 price target.</li>
<li>Longeveron Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGVN#NASDAQ">LGVN</a>) declined 16.6% to $3.25. Longeveron announced a $9.0 million registered direct offering priced at-the-market under Nasdaq rules.</li>
<li>Forestar Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) fell 13.9% to $30.99 after the company reported worse-than-expected third-quarter EPS and revenues.</li>
<li>Stardust Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDST#NASDAQ">SDST</a>) shares declined 13.3% to $21.22 after jumping around 145% on Wednesday.</li>
<li>Cetus Capital Acquisition Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CETU#NASDAQ">CETU</a>) shares declined 13.2% to $8.60 after surging 80% on Wednesday.</li>
<li>Meiwu Technology Company Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WNW#NASDAQ">WNW</a>) fell 13.2% to $1.11 after jumping more than 40% on Wednesday.</li>
<li>Fitell Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTEL#NASDAQ">FTEL</a>) fell 12% to $23.55.</li>
<li>American Rebel Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AREB#NASDAQ">AREB</a>) shares fell 12% to $0.80 after jumping around 32% on Wednesday.</li>
<li>Beyond Meat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>) shares fell 9.4% to $6.49 following a report suggesting the company&#8217;s liquidity has weakened and it is engaging bondholders for debt discussions.</li>
<li>4D Molecular Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FDMT#NASDAQ">FDMT</a>) declined 8.1% to $16.73. The company announced the presentation of Phase 2 PRISM interim data.</li>
<li>Texas Capital Bancshares, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBI#NASDAQ">TCBI</a>) fell 6.2% to $66.17 following downbeat quarterly results.</li>
<li>Nokia Oyj (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) fell 5.9% to $3.66 after the company reported mixed quarterly financial results.</li>
<li>Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) declined 5.4% to $37.85 as the company reported second-quarter 2024 total operating revenue growth of 2% year-over-year to $2.897 billion, missing the consensus of $2.945 billion.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39837919/podcastone-and-2-other-stocks-under-2-insiders-are-buying">PodcastOne And 2 Other Stocks Under $2 Insiders Are Buying</a></li>
</ul>

Why Domino's Pizza Shares Are Trading Lower By Over 11%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

&quot;The supply of vacant developed lots, particularly at affordable price points, continues to be constrained across most of the country, and Forestar is uniquely positioned to take advantage of the shortage of finished lots for the homebuilding industry. Based on our fiscal year-to-date results and expectations for the&nbsp;fourth quarter, in fiscal 2024, we now expect to deliver between 14,600 and 15,100 lots compared to prior&nbsp;guidance&nbsp;of delivering between 14,500 and 15,500 lots. We still expect to generate&nbsp;$1.4 billion&nbsp;to&nbsp;$1.5 billion&nbsp;in revenue.

Earnings

Guidance

Forestar Group For Fiscal 2024 Expects To Generate Revenue Of $1.4B-$1.5B Vs. $1.505B Consensus And Deliver Between 14,600-15,100 Lots

WIIM

Forestar Group shares are trading lower after the company reported worse-than-expected Q3 EPS and revenues.

Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) reported quarterly earnings of $0.76 per share which missed the analyst consensus estimate of $0.93 by 18.28 percent. This is a 18.28 percent decrease over earnings of $0.93 per share from the same period last year. The company reported quarterly sales of $318.400 million which missed the analyst consensus estimate of $379.202 million by 16.03 percent. This is a 13.69 percent decrease over sales of $368.900 million the same period last year.

Earnings Misses

Forestar Group Q3 2024 GAAP EPS $0.76 Misses $0.93 Estimate, Sales $318.400M Miss $379.202M Estimate

Citigroup analyst Anthony Pettinari maintains Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) with a Buy and lowers the price target from $46 to $43.

Citigroup Maintains Buy on Forestar Group, Lowers Price Target to $43

Citigroup analyst Anthony Pettinari maintains Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) with a Buy and raises the price target from $44 to $46.

Citigroup Maintains Buy on Forestar Group, Raises Price Target to $46

Forestar Group shares are trading lower. The company reported Q2 2024 financial results.

<h3>Companies Reporting Before The Bell</h3>
&bull; Addex Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADXN#NASDAQ">ADXN</a>) is estimated to report earnings for its fourth quarter.
&bull; Nokia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) is estimated to report quarterly earnings at $0.06 per share on revenue of $5.09 billion.
&bull; Taiwan Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) is likely to report quarterly earnings at $1.31 per share on revenue of $18.41 billion.
&bull; TH International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THCH#NASDAQ">THCH</a>) is projected to report earnings for its fourth quarter.
&bull; Ohmyhome (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMH#NASDAQ">OMH</a>) is likely to report earnings for its Fiscal Year 2023.
&bull; Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) is likely to report quarterly loss at $0.97 per share on revenue of $2.13 billion.
&bull; Snap-on (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNA#NYSE">SNA</a>) is projected to report quarterly earnings at $4.65 per share on revenue of $1.20 billion.
&bull; Texas Capital Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBI#NASDAQ">TCBI</a>) is projected to report quarterly earnings at $0.61 per share on revenue of $253.42 million.
&bull; Infosys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INFY#NYSE">INFY</a>) is likely to report quarterly earnings at $0.17 per share on revenue of $4.55 billion.
&bull; Berkshire Hills Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHLB#NYSE">BHLB</a>) is expected to report quarterly earnings at $0.47 per share on revenue of $89.01 million.
&bull; Ally Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLY#NYSE">ALLY</a>) is estimated to report quarterly earnings at $0.41 per share on revenue of $1.98 billion.
&bull; Genuine Parts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) is estimated to report quarterly earnings at $2.16 per share on revenue of $5.84 billion.
&bull; Comerica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMA#NYSE">CMA</a>) is likely to report quarterly earnings at $1.12 per share on revenue of $807.79 million.
&bull; KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>) is expected to report quarterly earnings at $0.22 per share on revenue of $1.51 billion.
&bull; Elevance Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELV#NYSE">ELV</a>) is projected to report quarterly earnings at $10.49 per share on revenue of $42.62 billion.
&bull; Badger Meter (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMI#NYSE">BMI</a>) is projected to report quarterly earnings at $0.82 per share on revenue of $182.26 million.
&bull; S&amp;T Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STBA#NASDAQ">STBA</a>) is expected to report quarterly earnings at $0.79 per share on revenue of $95.94 million.
&bull; ManpowerGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAN#NYSE">MAN</a>) is likely to report quarterly earnings at $0.91 per share on revenue of $4.43 billion.
&bull; Blackstone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) is expected to report quarterly earnings at $0.98 per share on revenue of $2.53 billion.
&bull; Iridium Comms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRDM#NASDAQ">IRDM</a>) is estimated to report quarterly earnings at $0.15 per share on revenue of $193.75 million.
&bull; Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) is expected to report quarterly earnings at $1.01 per share on revenue of $337.83 million.
&bull; OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) is projected to report quarterly earnings at $0.97 per share on revenue of $152.67 million.
&bull; Marsh &amp; McLennan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>) is estimated to report quarterly earnings at $2.80 per share on revenue of $6.39 billion.
&bull; Home BancShares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOMB#NYSE">HOMB</a>) is expected to report quarterly earnings at $0.46 per share on revenue of $240.40 million.
&bull; Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) is projected to report quarterly earnings at $0.72 per share on revenue of $325.91 million.
&bull; D.R. Horton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) is likely to report quarterly earnings at $3.06 per share on revenue of $8.28 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Hilltop Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HTH#NYSE">HTH</a>) is expected to report quarterly earnings at $0.25 per share on revenue of $109.71 million.
&bull; Five Point Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FPH#NYSE">FPH</a>) is expected to report earnings for its first quarter.
&bull; Provident Finl Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFS#NYSE">PFS</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $92.95 million.
&bull; Western Alliance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>) is expected to report quarterly earnings at $1.67 per share on revenue of $697.64 million.
&bull; Independent Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDB#NASDAQ">INDB</a>) is estimated to report quarterly earnings at $1.11 per share on revenue of $174.77 million.
&bull; Banco Latinoamericano (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLX#NYSE">BLX</a>) is expected to report earnings for its first quarter.
&bull; Glacier Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBCI#NYSE">GBCI</a>) is expected to report quarterly earnings at $0.34 per share on revenue of $171.99 million.
&bull; First Western Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYFW#NASDAQ">MYFW</a>) is expected to report quarterly earnings at $0.22 per share on revenue of $22.97 million.
&bull; Alpine Income Prop Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINE#NYSE">PINE</a>) is projected to report quarterly earnings at $0.38 per share on revenue of $11.63 million.
&bull; Metropolitan Bank Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCB#NYSE">MCB</a>) is projected to report quarterly earnings at $1.34 per share on revenue of $64.56 million.
&bull; Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is likely to report quarterly earnings at $4.50 per share on revenue of $9.26 billion.
&bull; OceanFirst Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCFC#NASDAQ">OCFC</a>) is likely to report quarterly earnings at $0.41 per share on revenue of $87.72 million.
&bull; PPG Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPG#NYSE">PPG</a>) is expected to report quarterly earnings at $1.86 per share on revenue of $4.43 billion.
&bull; SB Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBFG#NASDAQ">SBFG</a>) is estimated to report quarterly earnings at $0.30 per share on revenue of $9.50 million.
&bull; Intuitive Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) is estimated to report quarterly earnings at $1.41 per share on revenue of $1.87 billion.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

ADXN

ALLY

APOG

BHLB

streetTRACKS Dow Jones U.S. Large Cap Value Index Fund

GBCI

HOMB

INDB

IRDM

ISRG

MYFW

NFLX

OCFC

PINE

SBFG

STBA

THCH

Earnings Scheduled For April 18, 2024

Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.81 by 9.88 percent. The company reported quarterly sales of $333.800 million which beat the analyst consensus estimate of $325.913 million by 2.42 percent. This is a 10.71 percent increase over sales of $301.500 million the same period last year.

Earnings Beats

Forestar Group Q2 2024 GAAP EPS $0.89 Beats $0.81 Estimate, Sales $333.800M Beat $325.913M Estimate

As of April 4, 2024, three stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>Forestar Group Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/for#NYSE">FOR</a>)</h3>
<ul>
<li>On Jan. 23, Forestar Group posted better-than-expected quarterly results. The company will release financial results for its second quarter ended March 31, 2024 on April 18, 2024 before the opening bell. The company&rsquo;s stock gained around 16% over the past month and has a <a href="https://www.benzinga.com/quote/FOR">52-week high of $40.92 </a>.</li>
<li>RSI Value: 70.44</li>
<li>FOR Price Action: Shares of Forestar Group gained 2.5% to close at $39.61 on Wednesday.</li>
</ul>
<h3>Healthpeak Properties, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/doc#NYSE">DOC</a>)</h3>
<ul>
<li>On April 1, B of A Securities upgraded the stock from Underperform to Buy and raised its price target from $18 to $25. The company <a href="https://www.benzinga.com/quote/DOC"> has a 52-week high </a> of $22.38.</li>
<li>RSI Value: 72.78</li>
<li>DOC Price Action: Shares of Healthpeak Properties gained 0.7% to close at $18.38 on Wednesday.</li>
</ul>
<h3>Comstock Holding Companies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chci#NASDAQ">CHCI</a>)</h3>
<ul>
<li>On March 21, Comstock Holding posted an increase in quarterly EPS and sales results. &quot;Our fiscal 2023 results underscore the strength and resiliency of the growth engine we&rsquo;ve built at Comstock,&quot; said Christopher Clemente, Comstock&rsquo;s Chairman and Chief Executive Officer. The company&rsquo;s stock gained around 11% over the past month and has a <a href="https://www.benzinga.com/quote/CHCI"> 52-week high </a> of $6.54.</li>
<li>RSI Value: 72.99</li>
<li>CHCI Price Action: Shares of Comstock Holding gained 0.6% to close at $5.25 on Wednesday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/24/04/38084045/levi-strauss-conagra-brands-and-3-stocks-to-watch-heading-into-thursday"> Levi Strauss, Conagra Brands And 3 Stocks To Watch Heading Into Thursday </a>

<h3>The Meaning Behind Value Stocks</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>The following stocks are considered to be notable value stocks in the real estate sector:</h2>
<ol>
<li>Transcontinental Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TCI#NYSE">TCI</a>) - P/E: 4.95</li>
<li>Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) - P/E: 8.95</li>
<li>AFC Gamma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFCG#NASDAQ">AFCG</a>) - P/E: 7.03</li>
<li>Chicago Atlantic Real (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REFI#NASDAQ">REFI</a>) - P/E: 8.0</li>
<li>American Realty Investors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARL#NYSE">ARL</a>) - P/E: 7.07</li>
</ol>
This quarter, Transcontinental Realty experienced an increase in earnings per share, which was $0.06 in Q2 and is now $0.52. Forestar Group saw a decrease in earnings per share from 1.44 in Q4 to $0.76 now. AFC Gamma looks to be undervalued. It possesses an EPS of $0.49, which has not changed since last quarter (Q2). Most recently, the company reported a dividend yield of 15.82%, which has increased by 0.67% from last quarter's yield of 15.15%.
Chicago Atlantic Real's earnings per share for Q3 sits at $0.57, whereas in Q2, they were at 0.55. Most recently, American Realty Investors reported earnings per share at $0.18, whereas in Q2 earnings per share sat at $0.11. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

AFCG

REFI

Overview Of Value Stocks In The Real Estate Sector

Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) reported quarterly earnings of $0.76 per share which beat the analyst consensus estimate of $0.50 by 52 percent. This is a 80.95 percent increase over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $305.90 million which beat the analyst consensus estimate of $272.37 million by 12.31 percent. This is a 41.16 percent increase over sales of $216.70 million the same period last year.

Forestar Group Q1 EPS $0.76 Beats $0.50 Estimate, Sales $305.90M Beat $272.37M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Webster Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WBS#NYSE">WBS</a>) is estimated to report quarterly earnings at $1.46 per share on revenue of $603.11 million.
&bull; Lockheed Martin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) is expected to report quarterly earnings at $7.26 per share on revenue of $17.97 billion.
&bull; Invesco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVZ#NYSE">IVZ</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $1.12 billion.
&bull; Sandy Spring Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASR#NASDAQ">SASR</a>) is expected to report quarterly earnings at $0.52 per share on revenue of $83.53 million.
&bull; RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) is estimated to report quarterly earnings at $1.25 per share on revenue of $19.73 billion.
&bull; Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) is likely to report quarterly earnings at $1.70 per share on revenue of $21.47 billion.
&bull; Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) is projected to report quarterly earnings at $0.80 per share on revenue of $5.78 billion.
&bull; Community Bank System (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBU#NYSE">CBU</a>) is projected to report quarterly earnings at $0.84 per share on revenue of $175.03 million.
&bull; Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) is projected to report quarterly earnings at $2.28 per share on revenue of $20.99 billion.
&bull; General Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) is likely to report quarterly earnings at $0.90 per share on revenue of $17.42 billion.
&bull; Synchrony Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>) is likely to report quarterly earnings at $0.93 per share on revenue of $4.47 billion.
&bull; Peoples Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBO#NASDAQ">PEBO</a>) is projected to report quarterly earnings at $0.96 per share on revenue of $114.16 million.
&bull; Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) is likely to report quarterly earnings at $1.08 per share on revenue of $34.58 billion.
&bull; MakeMyTrip (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMYT#NASDAQ">MMYT</a>) is projected to report quarterly earnings at $0.24 per share on revenue of $208.59 million.
&bull; 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) is expected to report quarterly earnings at $2.31 per share on revenue of $7.70 billion.
&bull; Atlantic Union Bankshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AUB#NYSE">AUB</a>) is likely to report quarterly earnings at $0.75 per share on revenue of $179.29 million.
&bull; Old National (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONB#NASDAQ">ONB</a>) is expected to report quarterly earnings at $0.48 per share on revenue of $449.00 million.
&bull; Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) is projected to report quarterly earnings at $0.50 per share on revenue of $272.37 million.
&bull; D.R. Horton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) is likely to report quarterly earnings at $2.88 per share on revenue of $7.60 billion.
&bull; GATX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GATX#NYSE">GATX</a>) is expected to report quarterly earnings at $1.58 per share on revenue of $365.40 million.
&bull; PACCAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) is estimated to report quarterly earnings at $2.21 per share on revenue of $8.34 billion.
&bull; Telefonaktiebolaget L M (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIC#NASDAQ">ERIC</a>) is projected to report quarterly earnings at $0.16 per share on revenue of $7.00 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) is expected to report quarterly earnings at $0.48 per share on revenue of $6.92 billion.
&bull; Canadian National Railway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNI#NYSE">CNI</a>) is expected to report quarterly earnings at $1.46 per share on revenue of $3.23 billion.
&bull; Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) is expected to report quarterly earnings at $2.66 per share on revenue of $4.14 billion.
&bull; Stride (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LRN#NYSE">LRN</a>) is likely to report quarterly earnings at $1.31 per share on revenue of $500.85 million.
&bull; Wesbanco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSBC#NASDAQ">WSBC</a>) is likely to report quarterly earnings at $0.56 per share on revenue of $116.77 million.
&bull; Premier Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFC#NASDAQ">PFC</a>) is likely to report quarterly earnings at $0.58 per share on revenue of $53.87 million.
&bull; NBT Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBTB#NASDAQ">NBTB</a>) is estimated to report quarterly earnings at $0.75 per share on revenue of $139.00 million.
&bull; National Bank Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NBHC#NYSE">NBHC</a>) is likely to report quarterly earnings at $0.82 per share on revenue of $103.96 million.
&bull; Intuitive Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>) is expected to report quarterly earnings at $1.48 per share on revenue of $1.87 billion.
&bull; QCR Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCRH#NASDAQ">QCRH</a>) is likely to report quarterly earnings at $1.35 per share on revenue of $58.53 million.
&bull; Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is expected to report quarterly earnings at $2.22 per share on revenue of $8.71 billion.
&bull; RF Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RFIL#NASDAQ">RFIL</a>) is likely to report quarterly loss at $0.04 per share on revenue of $16.70 million.
&bull; Renasant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNST#NYSE">RNST</a>) is projected to report quarterly earnings at $0.64 per share on revenue of $162.85 million.
&bull; Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) is expected to report quarterly earnings at $1.46 per share on revenue of $4.12 billion.
&bull; East West Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWBC#NASDAQ">EWBC</a>) is projected to report quarterly earnings at $1.89 per share on revenue of $576.55 million.
&bull; Triumph Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TFIN#NASDAQ">TFIN</a>) is likely to report quarterly earnings at $0.40 per share on revenue of $106.85 million.
&bull; First Busey (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BUSE#NASDAQ">BUSE</a>) is estimated to report quarterly earnings at $0.49 per share on revenue of $107.87 million.
&bull; Hanmi Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAFC#NASDAQ">HAFC</a>) is estimated to report quarterly earnings at $0.59 per share on revenue of $63.15 million.
&bull; Business First Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BFST#NASDAQ">BFST</a>) is projected to report quarterly earnings at $0.60 per share on revenue of $62.47 million.
&bull; Veritex Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBTX#NASDAQ">VBTX</a>) is projected to report quarterly earnings at $0.62 per share on revenue of $110.66 million.
&bull; Covenant Logistics Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVLG#NASDAQ">CVLG</a>) is projected to report quarterly earnings at $1.03 per share on revenue of $281.75 million.
&bull; Trustmark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRMK#NASDAQ">TRMK</a>) is expected to report quarterly earnings at $0.57 per share on revenue of $187.63 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

BFST

BUSE

CVLG

ERIC

EWBC

GATX

HAFC

MMYT

NBHC

NBTB

PCAR

PEBO

QCRH

RFIL

RNST

SASR

STLD

TFIN

TRMK

VBTX

WSBC

Earnings Scheduled For January 23, 2024

Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-01-23. Here's what investors need to know before the announcement.
Analysts estimate that Forestar Group will report an earnings per share (EPS) of $0.50. 
Forestar Group bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.50, which was followed by a 0.7% drop in the share price the next day.
Here's a look at Forestar Group's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.94</td>
<td>0.55</td>
<td>0.34</td>
<td>0.59</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.44</td>
<td>0.93</td>
<td>0.54</td>
<td>0.42</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.7%</td>
<td>7.0%</td>
<td>1.36%</td>
<td>-1.24%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1705942835_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Forestar Group were trading at $33.92 as of January 19. Over the last 52-week period, shares are up 128.81%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/FOR/earnings">To track all earnings releases for Forestar Group visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Forestar Group

With the Fed factoring in <a href="https://www.benzinga.com/economics/macro-economic-events/23/11/35903926/november-fomc-minutes-fed-leans-toward-rate-stability-as-inflation-eases">four rate cuts in 2024</a> per the latest Federal Open Market Committee (FOMC) meeting, market participants are increasingly looking at the <a href="https://www.benzinga.com/money/best-sector-to-invest-in-during-inflation">rate-sensitive sectors of the economy</a>. 
Lower interest rates generally lead to cheaper borrowing costs, which can stimulate demand for real estate. Thus, companies involved in real estate development, property management, or real estate investment trusts (REITs) tend to benefit in a lower rate regime. 
With interest rates anticipated to lower in 2024, we&#8217;ll look at three real estate stocks that are currently trading at <a href="https://www.benzinga.com/real-estate">favorable valuations</a>.
See Also: <a href="https://www.benzinga.com/economics/macro-economic-events/23/11/35903926/november-fomc-minutes-fed-leans-toward-rate-stability-as-inflation-eases">November FOMC Minutes: Fed Leans Toward Rate Stability As Inflation Eases</a>
<ol>
<li>Forestar Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) — The real estate development company is a subsidiary of D.R. Horton Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) and renowned for its expertise in acquiring land and converting it into single-family residential communities. It develops the necessary infrastructure and sells the finished lots to local, regional, and national home builders. It targets regions with growth potential and favorable economic conditions to optimize sale prices of residential properties and deliver robust financial returns. At 9.45 P/E GAAP (FWD), FOR stock trades at over <a href="https://seekingalpha.com/symbol/FOR/valuation/metrics">75%</a> discount to the sector median. </li>
<li>City Office REIT Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIO#NYSE">CIO</a>) — The real estate enterprise concentrates on acquiring and managing superior office properties, primarily situated in Sun Belt markets. At present, City Office possesses or maintains a controlling stake in 5.7 million square feet of office properties. Valuations within the Office REIT sector have experienced a dip, prompting investors to scrutinize the evolving office environment more closely. At 9.33 P/AFFO (FWD), this REIT stock is trading at about <a href="https://seekingalpha.com/symbol/CIO/valuation/metrics">40%</a> discount to sector median. CIO stock also comes with an attractive AFFO Yield (FWD) of <a href="https://seekingalpha.com/symbol/CIO/dividends/yield">9.59</a>%. Rich Hill, head of Real Estate Strategy at Cohen &amp; Steers Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNS#NYSE">CNS</a>) recently <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/12/36401229/how-interest-rates-could-impact-reits-in-2024-cohen-steers-rich-hill-weighs-in">shared his optimism</a> regarding the evolving dynamics within the Office REIT segment. </li>
<li>EPR Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPR#NYSE">EPR</a>) — The diversified REIT specializes in enduring experiential properties. Focused on venues that offer leisure and recreational experiences, EPR manages approximately $5.7 billion in assets across 44 states. The company maintains rigorous standards for underwriting and investments, centered on industry, property, and tenant cash flow. On the valuation front, EPR stock trades at 9.36 P/AFFO (FWD), which makes it very attractive relative to the sector median at <a href="https://seekingalpha.com/symbol/EPR/valuation/metrics">15.40</a> (implying about 40% discount to sector). EPR stock also sports a juicy AFFO Yield (FWD) of <a href="https://seekingalpha.com/symbol/EPR/dividends/yield">10.16</a>%.</li>
</ol>
Now Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/12/36401229/how-interest-rates-could-impact-reits-in-2024-cohen-steers-rich-hill-weighs-in">How Interest Rates Could Impact REITs In 2024 — Cohen &amp; Steers&#8217; Rich Hill Weighs In</a>

<h3>What is a Value Stock?</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>Below is a list of notable value stocks in the real estate sector:</h2>
<ol>
<li>American Realty Investors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARL#NYSE">ARL</a>) - P/E: 5.48</li>
<li>Arbor Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABR#NYSE">ABR</a>) - P/E: 8.69</li>
<li>Rithm Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RITM#NYSE">RITM</a>) - P/E: 7.5</li>
<li>Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) - P/E: 9.96</li>
<li>AFC Gamma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFCG#NASDAQ">AFCG</a>) - P/E: 7.61</li>
</ol>
American Realty Investors saw an increase in earnings per share from 0.11 in Q2 to $0.18 now. This quarter, Arbor Realty Trust experienced a decrease in earnings per share, which was $0.57 in Q2 and is now $0.55. Its most recent dividend yield is at 13.43%, which has increased by 2.78% from 10.65% in the previous quarter.
This quarter, Rithm Capital experienced a decrease in earnings per share, which was $0.62 in Q2 and is now $0.58. Most recently, the company reported a dividend yield of 9.6%, which has decreased by 0.45% from last quarter's yield of 10.05%.
Forestar Group saw an increase in earnings per share from 0.93 in Q3 to $1.44 now. AFC Gamma looks to be undervalued. It possesses an EPS of $0.49, which has not changed since last quarter (Q2). Its most recent dividend yield is at 15.82%, which has increased by 0.67% from 15.15% in the previous quarter.
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

RITM

A Look Into Real Estate Sector Value Stocks

It was reported on December 12, that Daniel C Bartok, Chief Executive Officer at Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) executed a significant insider sell, according to an SEC filing.
What Happened: Bartok's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001406587/000140658723000131//Archives/edgar/data/1406587/000140658723000131/0001406587-23-000131-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday unveiled the sale of 7,555 shares of Forestar Group. The total transaction value is $235,078.
In the Wednesday's morning session, Forestar Group's shares are currently trading at $31.22, experiencing a down of 0.0%.
<h3>About Forestar Group</h3>
Forestar Group Inc is a residential lot development company with operations across the United States. The core business segment for the company is real estate which generates all of it's revenues. The firm fundamentally acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency. Single-family residential communities account for the majority of their real estate projects. The company utilizes a lower-risk business model mainly by investing in short duration, phased development projects.
<h3>A Deep Dive into Forestar Group's Financials</h3>
Revenue Growth: Forestar Group's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 44.15%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 21.04%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Forestar Group's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 1.45.
</li>
</ul>
Debt Management: Forestar Group's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.51, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: Forestar Group's current Price to Earnings (P/E) ratio of 9.38 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.09, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 7.86, Forestar Group presents an attractive value opportunity.
</li>
</ul>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Activity Matters in Finance</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Transaction Codes Worth Your Attention</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001406587">Check Out The Full List Of Forestar Group's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Unloading: Daniel C Bartok Sells $235K Worth Of Forestar Group Shares

Forestar Group Q3 2024 Earnings Preview

Forestar Group GAAP EPS of $0.76 misses by $0.17, revenue of $318.4M misses by $58.05M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Forestar Group (NYSE:<a href="https://investorplace.com/stock-quotes/for-stock-quote/">FOR</a>) just reported results for the third quarter of 2024.<ul><li>Forestar Group reported earnings per share of 76 cents. This was below the analyst estimate for EPS of 88 cents.</li><li>The company reported revenue of $318.40 million.</li><li>This was 16.03% worse than the analyst estimate for revenue of $379.20 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget A.I. THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	The post <a href="https://investorplace.com/earning-results/2024/07/for-stock-earnings-forestar-group-for-q3-of-2024/">FOR Stock Earnings: Forestar Group Misses EPS, Misses Revenue for Q3 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

FOR Stock Earnings: Forestar Group Misses EPS, Misses Revenue for Q3 2024

Forestar Group Inc. (FOR) Q3 2024 Earnings Call Transcript

In a report released yesterday, Carl Reichardt from BTIG reiterated a Buy rating on Forestar Group (FOR – Research Report), with a price target of ...

Buy Rating Affirmed: Forestar Group's Strong Long-Term Outlook Despite Short-Term Setbacks

BTIG analyst Carl Reichardt maintained a Buy rating on Forestar Group (FOR – Research Report) today and set a price target of $37.00. The company's...

BTIG Sticks to Its Buy Rating for Forestar Group (FOR)

There's a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Franklin BSP Realty Trust (FBRT – Research Report) ...

Wall Street Analysts Are Bullish on Top Real Estate Picks

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Rexford Industrial Realty (REXR – Research Report), CoStar Group...

Analysts Offer Insights on Real Estate Companies: Rexford Industrial Realty (REXR), CoStar Group (CSGP) and Forestar Group (FOR)

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Lower interest rates stimulate the economy primarily by lowering lending rates. The stock market and interest rates have an inverse relationship whereby rising interest rates lead to falling share prices. That phenomenon&nbsp;was on display throughout 2022 and 2023. The opposite phenomenon also holds true whereby lower interest rates increase share prices.



It looks like we are headed towards such an environment with the Federal Reserve strongly <a href="https://www.reuters.com/markets/us/fed-expected-hold-rates-steady-open-door-september-cut-2024-07-31/">hinting that the first rate cuts in 4 years are coming</a> in September.&nbsp;



Investors know where to look to find the anticipated winners. <a href="https://investorplace.com/industries/technology/">Tech stocks</a> will receive a renewed bout of attention. And other growth sectors should thrive as the funding for that growth becomes cheaper. At the same time, many less obvious opportunities merit attention.



So, let&rsquo;s uncover seven hidden gems that investors should expect to thrive in a low interest rate environment. 



<h2>Realty Income (O)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/realty1600-300x169.jpg" alt="realty income logo highlighted by a magnifying glass on a web browser"><div>Source: Shutterstock</div></div>Realty Income (NYSE:<a href="https://investorplace.com/stock-quotes/o-stock-quote/">O</a>) is one of the best stocks from within the Real Estate Investment Trust (REIT) sector. Historically, REITs perform well and have exhibited positive performance following peak interest rates.&nbsp;



Realty Income should perform particularly well following this peak rate cycle. Although the company has continued to grow its earnings over the past few years while facing higher rates, share prices have fallen.



O shares are down nearly 22% from their pandemic high of $74. That high corresponded with the first few rate hikes in 2022. As lending costs increased, the value of Realty Income fell. It&rsquo;s a fairly well-worn pattern that investors would do well to follow. Now that we&rsquo;ve reached peak rates, Realty Income is positioned to thrive again.&nbsp;



The firm shows reasonable upside potential while currently paying a dividend yielding 5.4%. <a href="https://stockanalysis.com/stocks/o/">Earnings are continuing to grow</a> meaning the company dividend is safe. Also, it&rsquo;s one of the best monthly dividends overall and offers an increased reinvestment schedule relative to quarterly <a href="https://investorplace.com/stock-types/dividend-stocks/">dividend stocks</a> due to a higher number of payments.&nbsp;



<h2>Ibotta (IBTA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/ibta1600-300x169.png" alt="Closeup of mobile phone screen with logo lettering of ibotta (IBTA) cashback app on computer keyboard (focus on left letter t upper lettering)"><div>Source: Ralf Liebhold / Shutterstock.com</div></div>Ibotta (NYSE:<a href="https://investorplace.com/stock-quotes/ibta-stock-quote/">IBTA</a>) is a cashback app with a well-positioned stock for a low interest rate environment. In fact, the company has been performing well even in this current high interest atmosphere. 



With Ibotta, customers link their loyalty cards and payment accounts to Ibotta allowing the it to credit their qualifying purchases. Once the company does that, it credits their accounts with a cashback reward.&nbsp;



Notably, the company currently has sufficient cash reserves to cover its interest payments. That position should improve as interest rates fall. Additionally, it serves as an indication that Ibotta is a company capable of strong operations in any rate environment. Also, IBTA <a href="https://finbox.com/NYSE:IBTA/">holds more cash than debt</a> on its balance sheet.



The company was profitable in 2023 and expects nearly 23% top line growth in 2024. It will continue to be profitable overall per analyst predictions. I think investors should pay attention to Ibotta because healthy <a href="https://stockanalysis.com/stocks/ibta/forecast/">earnings expansion is predicted</a> in 2025.&nbsp;&nbsp;



<h2>Entergy (ETR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/10/electricity-power-lines-1600-300x169.png" alt="Numerous electric lines are seen at sunset."><div>Source: Pand P Studio / Shutterstock.com</div></div>Entergy (NYSE:<a href="https://investorplace.com/stock-quotes/etr-stock-quote/">ETR</a>) provides electricity across southern states generated through nuclear, coal, natural gas and renewable sources. 



Recently, investors have become aware of the increasing demand put on the electrical grid due to the growth of artificial intelligence (AI) especially in relation to data centers. Did you know that 1% of all <a href="https://www.buildcentral.com/data-center-construction/">electricity demand globally is attributable to data centers</a>?&nbsp;That fact serves as a stark reminder of the opportunity for AI to increase the prices of utilities stocks.



AI hyperscalers are rushing to install as many AI chips as possible at data centers located throughout the U.S. Also, data centers are being built in lower tax areas where the cost of construction is lower. Entergy is positioned to capitalize on the opportunity given its location.



Lower rates should prompt greater capital expenditures from AI hyperscalers who should soon face lower interest fee servicing fees. Consider investing in Entergy for its position relative to the opportunity and its dividend.



<h2>Angel Oak Mortgage (AOMR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/10/mortgage-banking-300x169.jpg" alt="Toy houses rest atop stacks of coins while a hand dangles a set of keys in the air."><div>Source: Shutterstock</div></div>Angel Oak Mortgage (NYSE:<a href="https://investorplace.com/stock-quotes/aomr-stock-quote/">AOMR</a>) offers a dividend yielding more than 10% at the moment. Generally speaking, dividends in that range are highly speculative and risky. However, Angel Oak Mortgage&rsquo;s dividend does not look to be especially risky overall.



During the first quarter the <a href="https://ir.angeloakreit.com/news/news-details/2024/Angel-Oak-Mortgage-REIT-Inc.-Reports-First-Quarter-2024-Financial-Results/default.aspx">company reported 51 cents of net income</a> under GAAP reporting practices. It was only liable for 11 cents of distributable earnings during the same time frame. And, it paid a dividend of 32 cents during the first quarter of fiscal year 2024.



Angel Oak Mortgage continues to perform reasonably well in a high rate environment while also operating a non-traditional mortgage business. The company takes on higher risk mortgages including non-qualified mortgages and others designed for borrowers with unique financial situations. Therefore, it should improve operationally as lending costs fall and risks are alleviated.



<h2>Grindr (GRND)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/11/grindr-grnd-1600-300x169.jpg" alt="Yellow Grindr (GRND) logo displayed on smartphone against gray background"><div>Source: shutterstock.com/Tero Vesalainen</div></div>Grindr (NYSE:<a href="https://investorplace.com/stock-quotes/grnd-stock-quote/">GRND</a>) operates a dating app specific to the LGBTQIA community. Its stock has appreciated by more than 30% in 2024 and more than 90% over the past 12 months.



Generally speaking, text stocks like Grindr tend to perform well in a falling interest rate environment for reasons that have been discussed many times. Grindr doesn&rsquo;t have a high level of debt, instead operating with <a href="https://finbox.com/NYSE:GRND">moderate levels of debt</a>.&nbsp;Nevertheless, the company could seek to take on additional debt which will be coming cheaper in the following months. Any such would likely be used to coax even higher growth rates out of the company&rsquo;s operations.&nbsp;



Investors should consider Grindr because the company is moving into profitability in 2024 with massive <a href="https://stockanalysis.com/stocks/grnd/forecast/">earnings expansion expected</a> throughout 2026. Although Grindr has experienced strong price appreciation over the past 12 months, it is expected to rise by approximately 30% per the most recent consensus targets.



<h2>Aspen Aerogels (ASPN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/02/aspn-stock-1-300x169.jpg" alt="A magnifying glass zooms in on the Aspen Aerogels, Inc. (ASPN) logo"><div>Source: Pavel Kapysh / Shutterstock.com</div></div>Aspen Aerogels (NYSE:<a href="https://investorplace.com/stock-quotes/aspn-stock-quote/">ASPN</a>) sells aerogel insulation products in the sustainable materials market in the U.S. 



The company doesn&rsquo;t operate with particularly high levels of debt. A low interest rate environment&nbsp;directly&nbsp;benefits companies that do operate with high levels of debt immediately making them more&nbsp; viable. Aspen Aerogels operates with moderate levels of debt. The company&rsquo;s liquid assets <a href="https://finbox.com/NYSE:ASPN">exceed its short-term obligations</a>. There&rsquo;s likely no reason for the company to seek additional funding at the moment.&nbsp;



The reason I think the company will garner further attention moving forward is that the markets continue to pivot into small cap stocks overall. Investors have grown weary of the dominance of large tech over the markets. Aspen Aerogels is one such small-cap opportunity that is expected to reach <a href="https://stockanalysis.com/stocks/aspn/forecast/">profitability</a> in 2024.



<h2>Forestar Group (FOR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/03/houses-neighborhood-1600-300x169.jpg" alt="Residential neighborhood subdivision skyline Aerial shot"><div>Source: TDKvisuals / Shutterstock.com</div></div>Forestar Group (NYSE:<a href="https://investorplace.com/stock-quotes/for-stock-quote/">FOR</a>) is a booming residential lot developer which operates as a subsidiary of well-known builder D.R. Horton (NYSE:<a href="https://investorplace.com/stock-quotes/dhi-stock-quote/">DHI</a>).&nbsp;



Falling interest rates should spur an increase in building activity and sales of the lots owned by Forestar Group. Revenues fell during the most recent three months yet increased over the last nine. The company appears particularly well-positioned given the fact that it increased its residential lot holdings by <a href="https://www.businesswire.com/news/home/20240718111623/en/Forestar-Reports-Fiscal-2024-Third-Quarter-Results/">40% in the most recent quarter</a>.&nbsp;



In the Q3 of fiscal year 2024, net income increased by 29% to $121.8 million over the last nine months. Operating efficiently, FOR is decreasing interest rates that should prompt a spike in building activity and loan origination.&nbsp;



It looks like Forestar Group was able to pick up large tracts of undeveloped residential land at low prices due to the current lull in demand because of high interest rates. That is precisely the power of large companies. They have the resources to buy up massive amounts of assets at such times. Those lots should be increasing in value as interest rates fall and demand rises.&nbsp;&nbsp;



On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"> Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>
The post <a href="https://investorplace.com/2024/08/hot-stocks-7-hidden-gems-will-thrive-in-a-low-interest-rate-environment/">Hot Stocks: 7 Hidden Gems Will THRIVE in a Low Interest Rate Environment</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Hot Stocks: 7 Hidden Gems Will THRIVE in a Low Interest Rate Environment

Open Lending names Chuck Jehl next CEO

AOMR

ASPN

CSGP

FBRT

GRND

IBTA

LPRO

REXR

Press Releases

FORESTAR GROUP INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates Forestar Group, Inc. – FOR

Forestar Reports Fiscal 2024 First Quarter Results

D.R. Horton, Inc., America's Builder, Reports Fiscal 2024 First Quarter Earnings and Declares Quarterly Dividend of $0.30 Per Share

Forestar to Release 2024 Second Quarter Earnings on April 18, 2024

Forestar Reports Fiscal 2024 Second Quarter Results

D.R. Horton, Inc., America's Builder, Reports Fiscal 2024 Second Quarter Earnings and Declares Quarterly Dividend of $0.30 Per Share

Forestar to Release 2024 Third Quarter Earnings on July 18, 2024

Forestar Reports Fiscal 2024 Third Quarter Results

D.R. Horton, Inc., America's Builder, Reports Fiscal 2024 Third Quarter Earnings and Declares Quarterly Dividend of $0.30 Per Share

Forestar to Release 2024 Fourth Quarter and Fiscal Year-End Earnings on October 29, 2024

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Forestar Group

Forestar Group (FOR) Forecast

Forestar Group (NYSE:FOR) Stock, Quote.Headers.trade-ideas