earnings
confidence high
sentiment neutral
materiality 0.55
Forestar Q1 net income $15.4M ($0.30 EPS); revenue up 9% to $273M; lots sold down 17%
Forestar Group Inc.
2026-Q1 EPS reported
$0.30
revenue$273,000,000
- Net income $15.4M, $0.30 diluted EPS vs $0.32 prior year; pre-tax income $20.8M.
- Revenue $273.0M, +9% YoY; lots sold 1,944, -17% YoY.
- Owned/controlled 101,000 lots; 24,100 lots contracted for $2.2B future revenue.
- Net debt to total capital 24.6%; liquidity $819.3M (cash $211.7M + revolver capacity $607.6M).
- Fiscal 2026 guidance reaffirmed: 14,000-15,000 lots, $1.6B-$1.7B revenue.