2 Followers USX:FOR - Forestar Group Inc Forestar Group Inc
Sector: Real Estate, Industry: Real Estate Development
Next Earnings: 18 Jul 2024
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USD 31.19    -0.42 (-1.33%)

22 Apr 2024


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General

CEO: Mr. Donald J. Tomnitz

IPO: 2007-12-12

Headquarters: US

Employees: 329

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Description

Forestar Group Inc is a residential lot development company with operations across the United States. The core business segment for the company is real estate which generates all of it's revenues. The firm fundamentally acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency. Single-family residential communities account for the majority of their real estate projects. The company utilizes a lower-risk business model mainly by investing in short duration, phased development projects.

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