---
schema_version: "secwatch.filing_event.v1"
accession: "0001406587-25-000002"
form_type: "8-K"
ticker: "FOR"
cik: "0001406587"
company_name: "Forestar Group Inc."
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T22:01:30.998516+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Forestar Q1 net income down 57% to $16.5M; revenue $250.4M, lots sold 2,333

## Summary
- Net income $16.5M ($0.32 diluted EPS) vs $38.2M ($0.76) in prior-year quarter, down 57%.
- Revenue $250.4M on 2,333 lots sold, down 18% and 26% YoY, respectively.
- Amended credit facility: lender commitments increased to $640M, maturity extended to Dec 2029.
- Outlook reaffirms 16,000-16,500 lots and $1.6-1.65B revenue for fiscal 2025.
- Book value per share $31.84, up 13% YoY; return on equity 12.0% trailing twelve months.

## SEC filing metadata
- accession: 0001406587-25-000002
- form_type: 8-K
- ticker: FOR
- cik: 0001406587
- company_name: Forestar Group Inc.
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1406587/000140658725000002/0001406587-25-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1406587/000140658725000002/for-20250121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001406587-25-000002
- JSON: https://secwatch.observer/filing/0001406587-25-000002.json
- Plain text: https://secwatch.observer/filing/0001406587-25-000002.txt

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