Forestar Group Inc.
Market Cap
1.4B
Short interest (May 15)
1.0%
Net Short (Jun 03 ): 0.0%
Borrow Fee
0.41%
↓ 2.8%
Available Shares
400K
↓ 60.0%
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Company Overview
Forestar Group Inc is a residential lot development company engaged in land acquisition and development for the sale of finished single-family residential lots to local, regional, and national homebuilders. The company operates through a single real estate segment, which acquires land, installs infrastructure for residential communities, and generates all revenue from lot sales. Its communities mainly support entry-level, first-time move-up, and active-adult homes, with certain communities also marketed to build-to-rent operators. The company generally invests in entitled, short-duration projects that can be developed in phases to align lot production with market demand and support efficient capital deployment.
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