Forestar Group Inc (FRA:4F31)
€ 31.4 -0.8 (-2.48%) Market Cap: 1.58 Bil Enterprise Value: 1.86 Bil PE Ratio: 8.39 PB Ratio: 1.16 GF Score: 73/100

Forestar Group Inc at JPMorgan Homebuilding & Building Products Conference (Virtual) Transcript

May 19, 2020 / 06:15PM GMT
Release Date Price: €13 (+2.36%)
Michael Jason Rehaut
JP Morgan Chase & Co, Research Division - Senior Analyst

Good afternoon. Welcome to the afternoon portion of our second day of our 13th Annual JPMorgan Homebuilding and Building Products Conference. My name is Mike Rehaut. I'm the senior analyst of the homebuilding and building products franchise here at JPMorgan. Thank you for your patience. A couple of minutes late after quarter past 2. A couple of technical difficulties on my end, but we're all set. We're thrilled to have with us Forestar, a kind of an emerging company that we cover, reinvented over the last couple of years through its majority ownership by D.R. Horton, and rapidly emerging as a leader in the finished lot production business.

With us, we have Daniel Bartok, CEO; Jim Allen, CFO; and Treasurer, Collin Dawson. As with our prior sessions, this will be about a 35-minute session. Forestar has some slides to walk through, some prepared remarks. I'll have some questions and we can also field questions from our virtual audience. If you click on the Ask A Question feature, I'll see that and relay those

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