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 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 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 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 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 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%).
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 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 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 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 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 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