Latest Forestar Group Inc (FOR) Headlines
Weakness Seen in Forestar Group (FOR) Estimates: Should You Stay Away? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Feb 21, 7:46AM CST
Forestar has seen negative earnings estimate revisions for the current quarter along with a significant decline in its share price for the past month
Growth-Hacked by your own Phone? The latest apps that could turn you into a spammer
Business Wire - Thu Feb 13, 7:00AM CST
AdaptiveMobile, the world leader in mobile security, today called out a growing, aggressive form of viral marketing, used by many of the latest app developers, that is starting to pose an increasing concern for many subscribers, with complaint figures on the rise. This form of growth hacking, as it is known, is where a user-installed app will request to notify or invite the user's contact list of the new game or service by SMS. Well-known examples of current apps using this technique include Glide, Meow and Secrets.
Forestar Group Inc. Reports Full Year and Fourth Quarter 2013 Results
Business Wire - Thu Feb 13, 7:00AM CST
Forestar Group Inc. (NYSE: FOR) today reported full year 2013 net income of approximately $29.3 million, or $0.80 per diluted share, compared with full year 2012 net income of approximately $12.9 million, or $0.36 per diluted share outstanding. Full year 2013 results include a previously unrecognized tax benefit of approximately $6.3 million, or $0.17 per share, related to qualified timber gains. Full year 2012 results include after-tax expenses of approximately ($4.1) million, or ($0.12) per share, associated with acquisition of CREDO Petroleum Corporation, and an after-tax loss of ($2.9) million, or ($0.08) per share, associated with loss on extinguishment of debt related to amendment and extension of our term loan.
Forestar Group to Release Fourth Quarter and Full Year 2013 Results on February 13, 2014
Business Wire - Wed Jan 15, 4:29PM CST
Forestar Group Inc. (NYSE: FOR) will release its results for fourth quarter and full year 2013 on February 13, before the market opens.
Forestar Group (FOR) Shares Cross Above 200 DMA
MarketNewsVideo.com - Thu Dec 26, 12:26PM CST
In trading on Thursday, shares of Forestar Group Inc crossed above their 200 day moving average of $21.41, changing hands as high as $21.42 per share. Forestar Group Inc shares are currently trading up about 1.1% on the day.
Upgrade Alert for Forestar Group (FOR)
Comtex SmarTrend(R) - Fri Dec 20, 7:03AM CST
Forestar Group (NYSE:FOR) was upgraded from Neutral to Buy at Buckingham today. The stock closed yesterday at $20.36 on volume of 526,000 shares, above average daily volume of 352,000. Forestar Group share prices have moved between a 52-week high of $25.12 and a 52-week low of $15.65 and closed yesterday at 30% above that low price at $20.36 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.
Forestar Group Down 15.2% Since SmarTrend Downtrend Call (FOR)
Comtex SmarTrend(R) - Wed Dec 11, 10:01AM CST
SmarTrend identified a Downtrend for Forestar Group (NYSE:FOR) on November 5th, 2013 at $21.81. In approximately 1 month, Forestar Group has returned 15.18% as of today's recent price of $18.50.
Moving Average Crossover: Great News for Forestar Group Inc. (FOR)? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Dec 06, 4:57AM CST
Moving Average Crossover: Great News for Forestar Group Inc. (FOR)?
Forestar Group closes its USD144.8m 6% tangible equity units offering
M2 - Thu Nov 28, 4:01AM CST
Forestar Group Inc (NYSE:FOR), a real estate, oil and gas and other natural resources company, closed its underwritten public offering of 6,000,000 6.00% tangible equity units that resulted in net proceeds of about USD144.8m, together with the full exercise of the underwriters' option to buy additional units.
Forestar Group Inc. Announces the Closing of Its Previously Announced Tangible Equity Units Offering
Business Wire - Wed Nov 27, 3:15PM CST
Forestar Group Inc. (NYSE: FOR) (the "Company") today announced the closing of its previously announced underwritten public offering of 6,000,000 6.00% Tangible Equity Units (the "Offering"), resulting in net proceeds to the Company of approximately $144.8 million. The closing of the Offering includes the full exercise by the underwriters of their option to purchase additional units.
Post Earnings Update: Forestar Group Has Sunk 9.5% Lower in Past 2 Weeks (FOR)
Comtex SmarTrend(R) - Mon Nov 25, 8:06AM CST
When Forestar Group (NYSE:FOR) reported earnings 19 days ago on November 6th, 2013, analysts, on average, expected the company to report earnings of $0.13 on sales of $60.1 million. The company actually reported EPS of $0.16 on sales of $75.1 million, beating EPS estimates by $0.03 and beating revenue estimates by $15.0 million. Since the company's report, shares of Forestar Group have fallen from $21.68 to $19.63, representing a loss of 9.5% in the past 19 days.
Forestar Group Inc. Announces Pricing of Tangible Equity Units
Business Wire - Fri Nov 22, 5:30AM CST
Forestar Group Inc. (NYSE:FOR) (the "Company") today announced the pricing of an underwritten public offering of 5,400,000 6.00% Tangible Equity Units (the "Units"), each with a stated value of $25.00, which will result in net proceeds to the Company of approximately $130.27 million. The underwriters have a 13-day option to purchase up to an additional 600,000 Units from the Company. Settlement of the offering is subject to customary closing conditions and is expected to occur on November 27, 2013.
Forestar Group Inc. Announces Public Offering of Tangible Equity Units
Business Wire - Wed Nov 20, 3:45PM CST
Forestar Group Inc. (NYSE: FOR) (the "Company") today announced that it intends to offer 5,400,000 Tangible Equity Units (the "Units"), each with a stated value of $25.00, in an underwritten public offering. In addition, the Company intends to grant the underwriters an option to purchase up to an additional 600,000 Units. Each Unit will consist of a prepaid stock purchase contract and an amortizing note. Unless earlier settled or redeemed, each stock purchase contract will automatically settle on December 15, 2016 for shares of the Company's common stock (subject to postponement in limited circumstances). The amortizing notes will pay proportionally equal quarterly installments that will constitute a payment of interest and a partial repayment of principal. The amortizing notes will have a final installment payment date of December 15, 2016 and will be unsecured senior obligations of the Company. All of the securities to be offered will be issued under the Company's currently effective shelf registration statement. The Company's common stock is listed on the New York Stock Exchange under the symbol "FOR."
Forestar Group Inc. Reports Third Quarter 2013 Results
Business Wire - Wed Nov 06, 7:00AM CST
Forestar Group Inc. (NYSE: FOR) today reported third quarter 2013 net income of approximately $11.8 million, or $0.33 per diluted share, compared with a third quarter 2012 net loss of approximately ($0.7) million, or ($0.02) per share outstanding. Third quarter 2013 results include a previously unrecognized tax benefit of approximately $6.3 million, or $0.17 per share, related to qualified timber gains. Third quarter 2012 results include a gain of approximately $10.2 million, or $0.19 per share, after-tax, from the sale of the Broadstone Memorial multifamily community in Houston. In addition, third quarter 2012 results include after-tax expenses of approximately ($5.0) million, or ($0.14) per share, after-tax, principally associated with acquisition of Credo Petroleum Corporation and extinguishment of debt related to amendment and extension of our term loan.
Eleven Multifamily Venture Celebrates Grand Opening
Business Wire - Thu Oct 24, 7:39PM CDT
Forestar Group Inc. (NYSE: FOR) and Canyon-Johnson Urban Funds (CJUF) celebrated the official grand opening of East Austin's newest multifamily community, Eleven, at the property this afternoon. The first residents will begin moving into their homes tomorrow.
Forestar Group to Release Third Quarter 2013 Results on November 6, 2013
Business Wire - Tue Oct 22, 5:30PM CDT
Forestar Group Inc. (NYSE: FOR) will release its results for third quarter 2013 on November 6, before the market opens.
Forestar to Present at EnerCom's The Oil & Gas Conference(R) 18
Business Wire - Fri Aug 09, 6:00PM CDT
Forestar Group Inc. (NYSE: FOR) today announced that Jim DeCosmo, president and chief executive officer of Forestar, will present at EnerCom's The Oil & Gas Conference(R) 18 on Wednesday, August 14, 2013. The conference is being held at the Westin Downtown in Denver, Colorado. Forestar's presentation is scheduled to begin at 8:25 a.m. MDT. A live and archived webcast of the presentation may be accessed through the investor relations section of the company's website at www.ForestarGroup.com.
Forestar Group Inc. Reports Second Quarter 2013 Results
Business Wire - Wed Aug 07, 7:30AM CDT
Forestar Group Inc. (NYSE: FOR) today reported second quarter 2013 net income of approximately $0.5 million, or $0.02 per diluted share, compared with second quarter 2012 net income of approximately $0.8 million, or $0.02 per diluted share outstanding. Second quarter 2012 results include after-tax expenses of approximately ($1.6) million, or ($0.05) per diluted share, associated with the acquisition of Credo Petroleum Corporation.
Forestar Group to Release Second Quarter 2013 Results on August 7, 2013
Business Wire - Mon Jul 08, 4:00PM CDT
Forestar Group Inc. (NYSE: FOR) will release its results for second quarter 2013 on August 7, before the market opens.
Is Forestar Group a Cash Machine?
Seth Jayson, The Motley Fool - Motley Fool - Thu Jul 04, 12:09AM CDT
Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less trustworthy than cash flow, since earnings are more open to...
Weakness Seen in Forestar Group (FOR) Estimates: Should You Stay Away? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Feb 21, 7:46AM CST
Forestar has seen negative earnings estimate revisions for the current quarter along with a significant decline in its share price for the past month
Growth-Hacked by your own Phone? The latest apps that could turn you into a spammer
Business Wire - Thu Feb 13, 7:00AM CST
AdaptiveMobile, the world leader in mobile security, today called out a growing, aggressive form of viral marketing, used by many of the latest app developers, that is starting to pose an increasing concern for many subscribers, with complaint figures on the rise. This form of growth hacking, as it is known, is where a user-installed app will request to notify or invite the user's contact list of the new game or service by SMS. Well-known examples of current apps using this technique include Glide, Meow and Secrets.
Forestar Group Inc. Reports Full Year and Fourth Quarter 2013 Results
Business Wire - Thu Feb 13, 7:00AM CST
Forestar Group Inc. (NYSE: FOR) today reported full year 2013 net income of approximately $29.3 million, or $0.80 per diluted share, compared with full year 2012 net income of approximately $12.9 million, or $0.36 per diluted share outstanding. Full year 2013 results include a previously unrecognized tax benefit of approximately $6.3 million, or $0.17 per share, related to qualified timber gains. Full year 2012 results include after-tax expenses of approximately ($4.1) million, or ($0.12) per share, associated with acquisition of CREDO Petroleum Corporation, and an after-tax loss of ($2.9) million, or ($0.08) per share, associated with loss on extinguishment of debt related to amendment and extension of our term loan.
Forestar Group to Release Fourth Quarter and Full Year 2013 Results on February 13, 2014
Business Wire - Wed Jan 15, 4:29PM CST
Forestar Group Inc. (NYSE: FOR) will release its results for fourth quarter and full year 2013 on February 13, before the market opens.
Forestar Group (FOR) Shares Cross Above 200 DMA
MarketNewsVideo.com - Thu Dec 26, 12:26PM CST
In trading on Thursday, shares of Forestar Group Inc crossed above their 200 day moving average of $21.41, changing hands as high as $21.42 per share. Forestar Group Inc shares are currently trading up about 1.1% on the day.
Upgrade Alert for Forestar Group (FOR)
Comtex SmarTrend(R) - Fri Dec 20, 7:03AM CST
Forestar Group (NYSE:FOR) was upgraded from Neutral to Buy at Buckingham today. The stock closed yesterday at $20.36 on volume of 526,000 shares, above average daily volume of 352,000. Forestar Group share prices have moved between a 52-week high of $25.12 and a 52-week low of $15.65 and closed yesterday at 30% above that low price at $20.36 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.5%.
Forestar Group Down 15.2% Since SmarTrend Downtrend Call (FOR)
Comtex SmarTrend(R) - Wed Dec 11, 10:01AM CST
SmarTrend identified a Downtrend for Forestar Group (NYSE:FOR) on November 5th, 2013 at $21.81. In approximately 1 month, Forestar Group has returned 15.18% as of today's recent price of $18.50.
Moving Average Crossover: Great News for Forestar Group Inc. (FOR)? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Dec 06, 4:57AM CST
Moving Average Crossover: Great News for Forestar Group Inc. (FOR)?
Forestar Group closes its USD144.8m 6% tangible equity units offering
M2 - Thu Nov 28, 4:01AM CST
Forestar Group Inc (NYSE:FOR), a real estate, oil and gas and other natural resources company, closed its underwritten public offering of 6,000,000 6.00% tangible equity units that resulted in net proceeds of about USD144.8m, together with the full exercise of the underwriters' option to buy additional units.
Forestar Group Inc. Announces the Closing of Its Previously Announced Tangible Equity Units Offering
Business Wire - Wed Nov 27, 3:15PM CST
Forestar Group Inc. (NYSE: FOR) (the "Company") today announced the closing of its previously announced underwritten public offering of 6,000,000 6.00% Tangible Equity Units (the "Offering"), resulting in net proceeds to the Company of approximately $144.8 million. The closing of the Offering includes the full exercise by the underwriters of their option to purchase additional units.
Post Earnings Update: Forestar Group Has Sunk 9.5% Lower in Past 2 Weeks (FOR)
Comtex SmarTrend(R) - Mon Nov 25, 8:06AM CST
When Forestar Group (NYSE:FOR) reported earnings 19 days ago on November 6th, 2013, analysts, on average, expected the company to report earnings of $0.13 on sales of $60.1 million. The company actually reported EPS of $0.16 on sales of $75.1 million, beating EPS estimates by $0.03 and beating revenue estimates by $15.0 million. Since the company's report, shares of Forestar Group have fallen from $21.68 to $19.63, representing a loss of 9.5% in the past 19 days.
Forestar Group Inc. Announces Pricing of Tangible Equity Units
Business Wire - Fri Nov 22, 5:30AM CST
Forestar Group Inc. (NYSE:FOR) (the "Company") today announced the pricing of an underwritten public offering of 5,400,000 6.00% Tangible Equity Units (the "Units"), each with a stated value of $25.00, which will result in net proceeds to the Company of approximately $130.27 million. The underwriters have a 13-day option to purchase up to an additional 600,000 Units from the Company. Settlement of the offering is subject to customary closing conditions and is expected to occur on November 27, 2013.
Forestar Group Inc. Announces Public Offering of Tangible Equity Units
Business Wire - Wed Nov 20, 3:45PM CST
Forestar Group Inc. (NYSE: FOR) (the "Company") today announced that it intends to offer 5,400,000 Tangible Equity Units (the "Units"), each with a stated value of $25.00, in an underwritten public offering. In addition, the Company intends to grant the underwriters an option to purchase up to an additional 600,000 Units. Each Unit will consist of a prepaid stock purchase contract and an amortizing note. Unless earlier settled or redeemed, each stock purchase contract will automatically settle on December 15, 2016 for shares of the Company's common stock (subject to postponement in limited circumstances). The amortizing notes will pay proportionally equal quarterly installments that will constitute a payment of interest and a partial repayment of principal. The amortizing notes will have a final installment payment date of December 15, 2016 and will be unsecured senior obligations of the Company. All of the securities to be offered will be issued under the Company's currently effective shelf registration statement. The Company's common stock is listed on the New York Stock Exchange under the symbol "FOR."
Forestar Group Inc. Reports Third Quarter 2013 Results
Business Wire - Wed Nov 06, 7:00AM CST
Forestar Group Inc. (NYSE: FOR) today reported third quarter 2013 net income of approximately $11.8 million, or $0.33 per diluted share, compared with a third quarter 2012 net loss of approximately ($0.7) million, or ($0.02) per share outstanding. Third quarter 2013 results include a previously unrecognized tax benefit of approximately $6.3 million, or $0.17 per share, related to qualified timber gains. Third quarter 2012 results include a gain of approximately $10.2 million, or $0.19 per share, after-tax, from the sale of the Broadstone Memorial multifamily community in Houston. In addition, third quarter 2012 results include after-tax expenses of approximately ($5.0) million, or ($0.14) per share, after-tax, principally associated with acquisition of Credo Petroleum Corporation and extinguishment of debt related to amendment and extension of our term loan.
Eleven Multifamily Venture Celebrates Grand Opening
Business Wire - Thu Oct 24, 7:39PM CDT
Forestar Group Inc. (NYSE: FOR) and Canyon-Johnson Urban Funds (CJUF) celebrated the official grand opening of East Austin's newest multifamily community, Eleven, at the property this afternoon. The first residents will begin moving into their homes tomorrow.
Forestar Group to Release Third Quarter 2013 Results on November 6, 2013
Business Wire - Tue Oct 22, 5:30PM CDT
Forestar Group Inc. (NYSE: FOR) will release its results for third quarter 2013 on November 6, before the market opens.
Forestar to Present at EnerCom's The Oil & Gas Conference(R) 18
Business Wire - Fri Aug 09, 6:00PM CDT
Forestar Group Inc. (NYSE: FOR) today announced that Jim DeCosmo, president and chief executive officer of Forestar, will present at EnerCom's The Oil & Gas Conference(R) 18 on Wednesday, August 14, 2013. The conference is being held at the Westin Downtown in Denver, Colorado. Forestar's presentation is scheduled to begin at 8:25 a.m. MDT. A live and archived webcast of the presentation may be accessed through the investor relations section of the company's website at www.ForestarGroup.com.
Forestar Group Inc. Reports Second Quarter 2013 Results
Business Wire - Wed Aug 07, 7:30AM CDT
Forestar Group Inc. (NYSE: FOR) today reported second quarter 2013 net income of approximately $0.5 million, or $0.02 per diluted share, compared with second quarter 2012 net income of approximately $0.8 million, or $0.02 per diluted share outstanding. Second quarter 2012 results include after-tax expenses of approximately ($1.6) million, or ($0.05) per diluted share, associated with the acquisition of Credo Petroleum Corporation.
Forestar Group to Release Second Quarter 2013 Results on August 7, 2013
Business Wire - Mon Jul 08, 4:00PM CDT
Forestar Group Inc. (NYSE: FOR) will release its results for second quarter 2013 on August 7, before the market opens.
Is Forestar Group a Cash Machine?
Seth Jayson, The Motley Fool - Motley Fool - Thu Jul 04, 12:09AM CDT
Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less trustworthy than cash flow, since earnings are more open to...
