Forestar Group Inc s trend and data analysis indicates that the stock price has dropped -2.66% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 9.31% . Looking at the past 52 week period, the stock price is up at 4.92% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Forestar Group Inc has a negative value of -3.33 compared to overall market performance.Forestar Group Inc. is having a Relative Strength Index of 44.12 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Forestar Group Inc (NYSE:FOR) has tumbled 1.16% during the past week and has dropped 1.92% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.39%. Forestar Group Inc (NYSE:FOR) has underperformed the index by 3.03% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
For the current week, the company shares have a recommendation consensus of Buy. Forestar Group Inc (NYSE:FOR) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.2 points or 1.54% at $12.8 with 1,356,561 shares getting traded. Post opening the session at $13, the shares hit an intraday low of $12.75 and an intraday high of $13.05 and the price was in this range throughout the day. The company has a market cap of $534 million and the number of outstanding shares has been calculated to be 41,694,432 shares. The 52-week high of Forestar Group Inc (NYSE:FOR) is $14.05 and the 52-week low is $10.6.
Company has reported several Insider transactions to the SEC, on Mar 9, 2016, Richard D. Squires (director) purchased 5,000 shares at 10.94 per share price.
Forestar Group Last issued its quarterly earnings results on Mar 1, 2017. The company reported $1.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.43. Analyst had a consensus of $0.60. The company had revenue of $64.50 million for the quarter, compared to analysts expectations of $101.75 million. The companys revenue was down -38.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.45 EPS.
Forestar Group, Inc. formerly known as Forestar Real Estate Group Inc. operates in two business segments: real estate and natural resources. The real estate segment owns directly or through ventures real estate. The natural resources segment manages acres of oil and gas mineral interests. In addition, the company also sells wood fiber from its land primarily located in Georgia, and leases land for recreational uses.