---
schema_version: "secwatch.filing_event.v1"
accession: "0001406587-24-000071"
form_type: "8-K"
ticker: "FOR"
cik: "0001406587"
company_name: "Forestar Group Inc."
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T18:37:07.278517+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Forestar Q2 net income up 67% to $45M ($0.89 EPS); revenue +11% to $333.8M

## Summary
- Pre-tax income increased 64% to $58.9M; pre-tax margin of 17.6%.
- Residential lots sold up 10% to 3,289 lots; owned + controlled lots up 26% to 96,100.
- Return on equity expanded 320 bps to 14.9% for trailing twelve months.
- Net debt to total capital ratio of 16.4%; total liquidity of $798.2M.
- FY 2024 outlook affirms 14,500-15,500 lots delivered with $1.4-1.5B revenue.

## SEC filing metadata
- accession: 0001406587-24-000071
- form_type: 8-K
- ticker: FOR
- cik: 0001406587
- company_name: Forestar Group Inc.
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1406587/000140658724000071/0001406587-24-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1406587/000140658724000071/for-20240418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001406587-24-000071
- JSON: https://secwatch.observer/filing/0001406587-24-000071.json
- Plain text: https://secwatch.observer/filing/0001406587-24-000071.txt

## Key facts
- Earnings Releases
  Forestar Group Inc. reported second fiscal quarter ended March 31, 2024 results: net income $45.0 million, EPS $0.89 per diluted share.
  - Period: second fiscal quarter ended March 31, 2024
  - Net income: $45.0 million
  - EPS: $0.89 per diluted share
  - Result: reported results
  source text: On April 18, 2024, Forestar Group Inc. issued a press release announcing its results and related information for its second quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1406587/000140658724000071/0001406587-24-000071-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.