Highest-materiality recent filing
Forestar Q3 net income up 9% to $35.9M; revenue +4% to $407M
Diluted EPS $0.70 vs $0.65 in prior year quarter; pre-tax income up 12% to $48.7M.
Forestar Q2 net income up 2% to $32.1M; lot deliveries guidance trimmed
Net income $32.1M ($0.63 diluted EPS) vs $31.6M ($0.62) in prior-year quarter.
Forestar Group annual meeting results: all director nominees and proposals approved
48,470,427 of 50,885,325 eligible shares represented at Jan 19, 2026 annual meeting.
Forestar Q1 net income $15.4M ($0.30 EPS); revenue up 9% to $273M; lots sold down 17%
Net income $15.4M, $0.30 diluted EPS vs $0.32 prior year; pre-tax income $20.8M.
Forestar Q4 net income up 7% to $87M; full yr EPS down 17% to $3.29; fy2026 guide 14k-15k lots
Q4 net income $87.0M ($1.70 diluted EPS), up 7% YoY; revenue $670.5M, up 22%.
Forestar Q3 net income down 15% to $32.9M; cuts FY lot delivery guidance
Net income $32.9M ($0.65 diluted EPS) vs. $38.7M ($0.76) YoY; pre-tax income down 16% to $43.6M.
Forestar Q2 net income down 30% to $31.6M; cuts FY25 lot guidance to 15,000-15,500
Diluted EPS $0.62 vs $0.89 YoY; pre-tax income $40.7M (-31%); revenue $351M (+5%).
Forestar appoints CEO Anthony W. Oxley to Board of Directors
CEO Anthony W. Oxley appointed to Board effective April 14, 2025; board expands from 6 to 7 directors.
Forestar Group issues $500M 6.5% senior notes due 2033, completes tender offer for 2026 notes
Issued $500M aggregate principal of 6.500% Senior Notes due 2033; priced at par, interest payable semi-annually from Sep 15, 2025.
Forestar prices $500M 6.5% senior notes due 2033; proceeds to fund tender for $400M 3.85% notes
$500M aggregate principal of 6.500% senior unsecured notes due March 15, 2033 priced March 5, 2025.
Forestar commences cash tender offer for any and all $400M 3.850% senior notes due 2026
Tender offer for any and all of $400 million outstanding 3.850% senior notes due 2026.
Forestar shareholders approve charter amendment raising investment approval thresholds
Amendment approved with 46,726,864 for vs 8,819 against; increases monetary threshold for Board vs Investment Committee approval.
Forestar Q1 net income down 57% to $16.5M; revenue $250.4M, lots sold 2,333
Net income $16.5M ($0.32 diluted EPS) vs $38.2M ($0.76) in prior-year quarter, down 57%.
Forestar Group extends credit facility to Dec 2029, boosts capacity to $640M and up to $1B
Termination date extended to December 18, 2029 for Series A Revolving Credit Facility.
Forestar Group enters $300M at-the-market equity distribution agreement
Agreement with 10 sales agents, including J.P. Morgan, Citigroup, Mizuho, and Wells Fargo, for up to $300M in common stock.
Forestar amends stockholder agreement with D.R. Horton, raises investment approval threshold to $45M
Investment approval threshold increased from $20M to $45M under amended Stockholder’s Agreement with D.R. Horton (owner of ~62% of FOR).
Forestar Q4 net income $81.6M ($1.60 EPS); FY revenue $1.5B; guides FY25 16,000-16,500 lots
Q4 net income +13% to $81.6M ($1.60 diluted EPS); pre-tax income $108.5M (margin 19.7%).
Forestar Group appoints two new independent directors, board expands to six
Director Rick Ringler, 77, resigned Oct 28, 2024; resignation not due to any disagreement.
Net income $38.7M ($0.76 diluted EPS), down from $46.8M ($0.93) YoY; YTD net income up 29% to $121.8M.
Forestar Q2 net income up 67% to $45M ($0.89 EPS); revenue +11% to $333.8M
Pre-tax income increased 64% to $58.9M; pre-tax margin of 17.6%.
Forestar Q1 net income up 84% to $38.2M, revenue up 41% to $305.9M
Net income $38.2M ($0.76 diluted EPS) vs $20.8M ($0.42) YoY; pre-tax income up 84% to $51.2M.
Forestar Group annual meeting results: all proposals approved
Elect directors: Fuller 45.5M for, Jamieson 45.5M for, Parmer 45.8M for, Ringler 43.2M for, Tomnitz 45.8M for.
CEO Daniel Bartok to step down Jan 1, 2024; consulting and separation agreements approved
Effective Jan 1, 2024, Daniel C. Bartok steps down as President and CEO of Forestar Group.
Forestar names Anthony W. Oxley as CEO effective Jan 1, 2024; CEO Dan Bartok retires
Daniel C. Bartok retiring as President and CEO effective January 1, 2024.
Forestar Q4 net income up 43% to $72.4M, EPS $1.44; FY2024 guidance 14,500-15,500 lots
Q4 net income $72.4M ($1.44 diluted EPS) vs $50.8M ($1.02) YoY; revenue +44% to $549.7M on 4,986 lots sold.
Forestar Q3 net income up 18% to $46.8M; revenue +20% to $368.9M on 3,812 lots sold
Net income $46.8M ($0.93/diluted) vs $39.7M ($0.80) prior year; pre-tax income +18% to $62.4M, margin 16.9%.
Forestar Q2 fiscal 2023 net income down 44% to $26.9M; revenue down 28% to $301.5M
Net income $26.9M ($0.54 diluted EPS) vs $47.8M ($0.96); pre-tax profit margin 11.9%.
Forestar Group appoints Elizabeth Parmer to board of directors
Elizabeth 'Betsy' Parmer appointed to board effective March 1, 2023.
Director Donald C. Spitzer resigns from Forestar Group board
Donald C. Spitzer, 73, resigned from the Board of Directors effective February 21, 2023.
Forestar Q1 net income down 49% to $20.8M; revenue falls 47% on fewer lots sold
Diluted EPS $0.42 vs $0.81 YoY; net income $20.8M; revenue $216.7M (down 47%).
Forestar stockholders approve all proposals, including 2022 ESPP with 2.5M share reserve
All five director nominees elected with >43M votes each; Donald J. Tomnitz highest support at 46,285,374.
Forestar Q4 net income up 15% to $50.8M; FY22 EPS $3.59, revenues $1.5B
Q4 net income $50.8M ($1.02/diluted share), up 15% YoY; pre-tax profit margin expanded 340 bps to 17.4%.
Forestar extends revolving credit facility maturity to Oct 2026, switches to SOFR-based rates
Amendment extends termination date of $400M revolver to October 28, 2026.
Forestar appoints Mark Walker as COO effective Oct 1; he oversaw 52% of lots sold
Mark Walker promoted to Executive Vice President and COO, effective October 1, 2022.
Net income $39.7M ($0.80 diluted EPS) vs $15.8M ($0.32) a year ago, up 151%.
Forestar Q2 net income up 68% to $47.8M; raises FY22 pre-tax margin guidance to 14.0%-14.5%
EPS of $0.96 per diluted share vs. $0.59 a year ago; revenues up 47% to $421.6M.
Forestar Q1 net income up 84% to $40.5M; raises FY2022 guidance on lots, revenue, margin
Net income attributable to Forestar $40.5M ($0.81 diluted EPS) vs $22.0M ($0.46) a year ago; pre-tax income $53.5M.
Forestar shareholders elect all five director nominees, approve exec comp and auditor ratification
All five director nominees elected: Sam Fuller, Lisa Jamieson, Rick Ringler, Don Spitzer, Don Tomnitz; each with >45M votes for.
Forestar Group enters into $300M at-the-market equity distribution agreement with multiple agents
Agreement allows sale of up to $300M of common stock through agents on NYSE at market prices or in blocks.
Forestar posts Q4 net income up 82% to $44.0M; FY 2022 lot guidance 19,000-19,500
Q4 net income $44.0M ($0.89 diluted EPS) vs $24.2M ($0.50) YoY; revenue $418.7M (+20%).
Forestar Q3 revenues up 76% to $312.9M; EPS $0.32 vs $0.21; lots sold +91%
Net income $15.8M ($0.32/diluted) vs $10.1M ($0.21) in prior year quarter.
On April 14, 2025, the Company’s Board of Directors (the “Board”) appointed Anthony W. Oxley, the Company’s President and Chief Executive Officer, to serve as a director on the Board.
Effective October 28, 2024, G.F. (Rick) Ringler, III, age 77, Director of Forestar Group Inc. ( the “Company” ), resigned from the Company’s Board of Directors ( the “Board” ), including his positions as a member of the Audit Committee and Compensation Committee and as Chair of the Nominating and Governance Committee.
Effective October 28, 2024, the Board appointed two new independent directors. The new directors are Ms. Kellie L. Fischer and Mr. George W. Seagraves, II.
Effective October 28, 2024, the Board appointed two new independent directors. The new directors are Ms. Kellie L. Fischer and Mr. George W. Seagraves, II.
effective January 1, 2024, Daniel C. Bartok, will step down from his role as the President and Chief Executive Officer of Forestar Group Inc.
On November 28, 2023, Forestar Group Inc. (“the Company”) announced the upcoming retirement of Daniel C. Bartok, President and Chief Executive Officer, effective January 1, 2024.
On November 27, 2023, the Board of Directors appointed Anthony W. Oxley, age 59, as President and Chief Executive Officer, effective January 1, 2024.
On March 1, 2023, the Company’s Board of Directors (the “Board”) appointed Elizabeth “Betsy” Parmer to serve as a director, effective immediately.
On February 21, 2023, Donald C. Spitzer, age 73, Director of Forestar Group Inc. (the “Company”), resigned from the Board of Directors, the Audit Committee, Compensation Committee and Nominating and Governance Committee on which he served.
appointed and promoted Mark S. Walker, age 45, to the office of Executive Vice President and Chief Operating Officer of the Company, effective October 1, 2022.
Max materiality 0.85 · Median 0.65 · Most common event earnings