Forestar Group Inc at JPMorgan Homebuilding & Building Products Conference (Virtual) Transcript
Good afternoon. Welcome to the closing or the final presentation of our afternoon session today. We're at the JPMorgan -- 14th Annual JPMorgan Homebuilding and Building Products Conference virtually. And my name is Mike Rehaut, as it has been all day. I'm covering the -- I've been the lead analyst for the homebuilding and building products sector for JPMorgan for more years than I care to admit. But we're happy to have with us today. Closing out the day, I think, a really unique story within the space in Forestar Group. Really happy to have with us as CEO, Dan Bartok; and CFO, Jim Allen. Forestar, as many of you probably know, a lot developer and manufacturer as they like to call themselves. And I think it really is, I propose, given the kind of higher turnover nature of their business relative to what you might think of as a traditional land developer. Kind of a high-growth opportunity within the industry, not only growing with DHI, who owns currently on still about 65% of the company, which would go down over time.
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