Should you buy Forestar Group (Forestar) stock?

Reichardt covers the Consumer Goods sector, focusing on stocks such as DR Horton, Lennar, and Toll Brothers. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Forestar Group with a $17.25 average price target.

What is Forestar Group Inc's market value?

In connection with the merger, Forestar and D.R. Horton entered into certain agreements, including a Stockholders' Agreement, a Master Supply Agreement and a Shared Services Agreement. On 8 June 2020, Forestar Group Inc.'s market value currently stands at $771.95 million.

Who is Forestar Group?

Forestar Group Inc. is a residential lot development company, which engages in the provision of real estate business. The firm focuses on making investments in land acquisition and development to sell finished single-family residential lots to homebuilders. The company was founded in 2007 and is headquartered in Arlington, TX.