In a recent development, Forestar Group (FOR, Financial) has come under the coverage radar of JMP Securities. The coverage was initiated by analyst Aaron Hecht, who assigned a "Market Outperform" rating to the stock.
The coverage initiation includes a price target announcement of $30.00 USD for Forestar Group (FOR, Financial). This price target sets an optimistic outlook for the stock as it navigates the current market conditions.
This development was officially documented on July 15, 2025, as part of JMP Securities' efforts to provide comprehensive analysis and insights into the potential performance of Forestar Group (FOR, Financial) in the stock market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Forestar Group Inc (FOR, Financial) is $28.00 with a high estimate of $29.00 and a low estimate of $27.00. The average target implies an upside of 25.22% from the current price of $22.36. More detailed estimate data can be found on the Forestar Group Inc (FOR) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Forestar Group Inc's (FOR, Financial) average brokerage recommendation is currently 1.5, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Forestar Group Inc (FOR, Financial) in one year is $29.15, suggesting a upside of 30.37% from the current price of $22.36. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Forestar Group Inc (FOR) Summary page.
