Forestar

FOR NYSE
19.71
-0.54
-2.67%
After Hours: 19.71 0 0.00% 16:53 07/18 EDT
Open
20.23
Prev Close
20.25
High
20.23
Low
19.62
Volume
10.92K
Avg Vol (3M)
37.42K
52 Week High
25.95
52 Week Low
12.77
% Turnover
0.03%
Market Cap
827.03M
1D
5D
1M
3M
1Y
5Y

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Company Profile

Forestar Group Inc. is a residential and mixed-use real estate development company. The Company operates through three segments. The Real Estate segment secures entitlements and develops infrastructure on its lands, for single-family residential and mixed-use communities. The Mineral resources segment is focused on its owned oil and gas mineral interests through promoting exploration, development and production activities. The Other segment manages its timber holdings, recreational leases and water resource initiatives. As of December 31, 2016, its core community development business had directly or through ventures interests in 50 residential and mixed-use projects consisting of 4,600 acres of real estate located in 10 states and 14 markets. As of December 31, 2016, its non-core assets included approximately 523,000 net acres of owned mineral assets, 19,000 acres of timberland and undeveloped land, four multifamily assets and approximately 20,000 acres of groundwater leases.
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