MarketBeat reports USD 32.67 target for Forestar stock

Published on 10/07/2026 at 01:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Forestar stock stood at EUR 23.30 on October 5, 2026 after EUR 23.30. MarketBeat lists a USD 32.67 consensus target and Hold rating.

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MarketBeat reports a USD 32.67 consensus price target and a Hold rating for Forestar stock. The reference comes as the residential lot developer approaches its scheduled fiscal fourth-quarter and year-end results on October 29, 2026.

Revenue reached USD 407 million

Forestar reported USD 407.00 million in revenue for its fiscal third quarter ended June 30, 2026, up 4.20 percent from the same quarter a year earlier, according to MarketBeat.

Fiscal third-quarter net income was USD 36.00 million, while diluted earnings per share came to USD 0.70. MarketBeat shows the earnings-per-share result below the USD 0.81 consensus estimate by USD 0.11, making the quarterly comparison more important than the revenue increase alone.

Lots and land remain the key measures

Forestar Group said it operates in 65 markets across 24 states and delivered more than 13,400 residential lots during the twelve-month period ended June 30, 2026. Its model is built around acquiring land, preparing infrastructure and selling finished lots to homebuilders rather than constructing homes for individual buyers.

The company also reported 91,700 lots under control at June 30, 2026 and more than USD 1.00 billion of liquidity. Those figures give the October 29 report two clear tests: lot deliveries and cash deployment alongside quarterly revenue and profit.

Results date sets the next checkpoint

Forestar's official investor-relations release dated September 10, 2026 states that fiscal fourth-quarter and year-end results for the year ended September 30, 2026 will be released before the market opens on October 29, 2026, with the conference call scheduled for 11:00 a.m. ET.

The Lang & Schwarz prior close for Forestar was EUR 23.30 on October 5, 2026. MarketBeat lists a USD 22.81 to USD 32.06 52-week range and a USD 1.29 billion market capitalization for the NYSE-listed company.The further course of trading is shown by the continuously updated real-time quote of Forestar stock.