Forestar Group Inc. Aktie News

Forestar is poised to benefit from the low inventory of available homes. Forestar's financial strength can be leveraged to acquire new land and grow market share. The low valuation leaves room for multiple expansions after the recent dip in the stock price.

Stocks specializing in real estate, such as real estate investment trusts (REITs), are a great option for investors seeking exposure to the real estate market without buying properties for a significant upfront cost. REITs are solid investment options because they typically offer very high dividends to investors.

The real estate lot developer took the wraps off its latest set of quarterly results. It trounced the average prognosticator forecast for net income and beat handily on the top line.

Forestar Group Inc. (NYSE:FOR ) Q2 2024 Earnings Conference Call April 18, 2024 5:00 PM ET Company Participants Katie Smith - Director of Finance and Investor Relations Andy Oxley - President and Chief Executive Officer Jim Allen - Chief Financial Officer Mark Walker - Chief Operating Officer Conference Call Participants Carl Reichardt - BTIG Anthony Pettinari - Citi Mike Rehaut - JPMorgan Oper...

ARLINGTON, Texas--(BUSINESS WIRE)---- $FOR--Forestar reported that net income for the second quarter of fiscal 2024 increased 67% to $45.0 million or $0.89 per diluted share.

CPI, the Consumer Price Index, is a metric used to gauge the rate of inflation and deflation. It's released by the Bureau of Labor Statistics (BLS) and reports the monthly fluctuations in consumer goods and services prices.

Real estate stock Forestar is worth watching on account of its strong fundamentals and excellent institutional support.

This land developer stock hit a new high and is in a buy zone. A burn treatment biotech stock reached a high and gained 47% this year.