Forestar Group surges as Q4 earnings soar past expectations By Investing.com
Update: 2025-10-28
Description
Forestar Group, a leading residential lot developer, reported a robust fourth quarter, with a 4.9% stock price increase and a 22% revenue surge to $675.5 million. Despite a 9% drop in lot sales, strong demand for finished building lots kept their core business thriving. The company's pre-tax income rose 4% to $113.1 million, with a healthy 16.7% profit margin and a solid cash cushion of $379.2 million. Forestar's conservative financial management and a key partnership with D.R. Horton are expected to drive growth, as they forecast total revenue between $1.6 and $1.7 billion and deliver 14,000-15,000 lots in fiscal 2026.
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