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FOR

Forestar Group Inc New

$13.31

Earnings Summary

Revenue
$308.5Mn
Net Profits
$39.7Mn
Net Profit Margins
12.87%
PE Ratio
3.96

Highlights

Revenue:

Forestar Group Inc New’s revenue fell -1.41% since last year same period to $308.5Mn in the Q2 2022. On a quarterly growth basis, Forestar Group Inc New has generated -26.83% fall in its revenue since last 3-months.

Net Profits:

Forestar Group Inc New’s net profit jumped 151.27% since last year same period to $39.7Mn in the Q2 2022. On a quarterly growth basis, Forestar Group Inc New has generated -16.95% fall in its net profits since last 3-months.

Net Profit Margins:

Forestar Group Inc New’s net profit margin jumped 154.85% since last year same period to 12.87% in the Q2 2022. On a quarterly growth basis, Forestar Group Inc New has generated 13.5% jump in its net profit margins since last 3-months.

PE Ratio:

Forestar Group Inc New’s price-to-earnings ratio after this Q2 2022 earnings stands at 3.96.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Forestar Group Inc New post its latest quarter earnings

EPS Estimate Current Quarter
0.51
EPS Estimate Current Year
0.51

Highlights

EPS Estimate Current Quarter:

Forestar Group Inc New’s earning per share (EPS) estimates for the current quarter stand at 0.51 - a -37.04% fall from last quarter’s estimates.

EPS Estimate Current Year:

Forestar Group Inc New’s earning per share (EPS) estimates for the current year stand at 0.51.

Key Ratios

Key ratios of the Forestar Group Inc New post its Q2 2022 earnings

Earning Per Share (EPS)
0.8
Return on Assets (ROA)
0.06
Return on Equity (ROE)
0.16
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Forestar Group Inc New’s earning per share (EPS) jumped 35.59% since last year same period to 0.8 in the Q2 2022. This indicates that the Forestar Group Inc New has generated 35.59% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Forestar Group Inc New’s return on assets (ROA) stands at 0.06.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Forestar Group Inc New’s return on equity (ROE) stands at 0.16.

Dividend Per Share (DPS):

Forestar Group Inc New declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-22
0.7
0.96
37.14%
2022-07-20
0.81
0.8
-1.23%

Company Information

Forestar Group Inc. is a residential lot development company with operations in 49 markets in 21 states at September 30, 2020 and is a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002.

Organisation
Forestar Group Inc New
Headquarters
Arlington, Texas, US
Employees
143
Industry
Finance
CEO
James DeCosmo