{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-026197","form_type":"8-K","ticker":"FOR","cik":"0001406587","company_name":"Forestar Group Inc.","filed_at":"2026-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.243853+00:00","generated_at":"2026-05-15T05:05:09.810568+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Forestar Q2 net income up 2% to $32.1M; lot deliveries guidance trimmed","bullets":["Net income $32.1M ($0.63 diluted EPS) vs $31.6M ($0.62) in prior-year quarter.","Revenue $374.3M, up 7% YoY; lots sold 2,938, down 14% from 3,411.","Liquidity $1.0B (cash $362.2M + revolver capacity $672.1M); net debt to capital 19.2%.","Fiscal 2026 lot delivery guidance narrowed to 14,000-14,500 from 14,000-15,000; revenue guidance reaffirmed $1.6-1.7B.","Book value per share up 10% to $35.66; 24,100 lots under contract representing $2.2B future revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-026197","json":"https://secwatch.observer/filing/0001628280-26-026197.json","markdown":"https://secwatch.observer/filing/0001628280-26-026197.md","text":"https://secwatch.observer/filing/0001628280-26-026197.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1406587/000162828026026197/0001628280-26-026197-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1406587/000162828026026197/for-20260421.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T05:05:09.810568+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8bf3ad3ed692736ac2caa16a9d949449ddb58b19","claim":"Forestar Group Inc. reported the second fiscal quarter ended March 31, 2026 results: revenue $374.3 million, net income $32.1 million, EPS $0.63 per diluted share. Guidance lowered.","evidence_excerpt":"Net income attributable to Forestar for the second quarter of fiscal 2026 increased 2% to $32.1 million, or $0.63 per diluted share, compared to $31.6 million, or $0.62 per diluted share, in the same quarter of fiscal 2025. Pre-tax income for the quarter increased 8% to $43.9 million from $40.7 million in the same quarter of fiscal 2025. Revenues for the second quarter increased 7% to $374.3 million from $351.0 million in the same quarter of fiscal 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1406587/000162828026026197/0001628280-26-026197-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second fiscal quarter ended March 31, 2026"},{"label":"Revenue","value":"$374.3 million"},{"label":"Net income","value":"$32.1 million"},{"label":"EPS","value":"$0.63 per diluted share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"90f34bcf1088f3abb8d713d4ed07ca724ab15617","claim":"Forestar Group Inc. reported the six months ended March 31, 2026 results: revenue $647.3 million, net income $47.5 million, EPS $0.93 per diluted share. Guidance lowered.","evidence_excerpt":"For the six months ended March 31, 2026, net income attributable to Forestar decreased 1% to $47.5 million, or $0.93 per diluted share, compared to $48.1 million, or $0.94 per diluted share, in the same period of fiscal 2025. Pre-tax income for the six months ended March 31, 2026 increased 4% to $64.8 million from $62.6 million in the same period of fiscal 2025. Revenues for the first six months of fiscal 2026 increased 8% to $647.3 million from $601.3 million in the same period of fiscal 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1406587/000162828026026197/0001628280-26-026197-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended March 31, 2026"},{"label":"Revenue","value":"$647.3 million"},{"label":"Net income","value":"$47.5 million"},{"label":"EPS","value":"$0.93 per diluted share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}