Highest-materiality recent filing
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%.
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.
Max materiality 0.85 · Median 0.60 · Most common event earnings