Forestar Group (FOR) Hits New 12-Month Low at $17.45

Share on StockTwits

Shares of Forestar Group Inc. (NYSE:FOR) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $17.45 and last traded at $17.35, with a volume of 1392 shares changing hands. The stock had previously closed at $18.28.

The company has a current ratio of 16.56, a quick ratio of 16.56 and a debt-to-equity ratio of 0.18.

Forestar Group (NYSE:FOR) last announced its earnings results on Wednesday, August 8th. The oil and gas exploration company reported $0.22 earnings per share (EPS) for the quarter. The firm had revenue of $23.57 million for the quarter. Forestar Group had a net margin of 37.75% and a negative return on equity of 0.45%.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC purchased a new stake in Forestar Group in the 2nd quarter worth about $118,000. Nisa Investment Advisors LLC purchased a new stake in Forestar Group in the 2nd quarter worth about $210,000. GSA Capital Partners LLP purchased a new stake in Forestar Group in the 2nd quarter worth about $262,000. Strs Ohio raised its position in Forestar Group by 9.9% in the 2nd quarter. Strs Ohio now owns 32,200 shares of the oil and gas exploration company’s stock worth $668,000 after purchasing an additional 2,900 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its position in Forestar Group by 26.5% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 54,574 shares of the oil and gas exploration company’s stock worth $1,133,000 after purchasing an additional 11,424 shares during the period. Hedge funds and other institutional investors own 22.91% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Forestar Group (FOR) Hits New 12-Month Low at $17.45” was first posted by BBNS and is the sole property of of BBNS. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this news story can be read at https://baseballnewssource.com/2018/11/10/forestar-group-for-hits-new-12-month-low-at-17-45/2972909.html.

Forestar Group Company Profile (NYSE:FOR)

Forestar Group Inc operates as a real estate development company. The company engages in the acquisition, entitlement, development, and sale of real estate, primarily single-family residential and mixed-use communities. It also sells residential lots to home builders; and commercial properties. As of December 31, 2017, Forestar Group Inc had 49 entitled, developed, or under development projects in 11 states and 16 markets planned for residential and commercial uses in the United States.

Recommended Story: Growth Stocks

Receive News & Ratings for Forestar Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forestar Group and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.