Forestar Group Inc (FOR) has been rated "Buy/High Risk" by Citi, despite a -7% drop in shares following a first-quarter miss due to a double-digit y/y decline in delivery volumes. The company attributes the softer volumes to a timing issue, with some deliveries pulled forward into Q4 2024. Management has reiterated its FY 2025 volume and revenue guidance of 16.0-16.5k lots, maintaining confidence in achievi
Forestar Group Inc (FOR) shares are experiencing a decline today, primarily influenced by broader market reactions to the latest U.S. jobs report. Released at 8:30 a.m. EST, the report revealed that the U.S. added 256,000 jobs in December, significantly surpassing the consensus forecast of 155,000. This unexpected strength in the labor market has heightened concerns about the Federal Reserve's interest rate
Forestar Group Inc (FOR) shares are experiencing a decline in after-hours trading, which can be attributed to its inclusion in a list compiled by Wolfe Research of the worst-performing stocks for tax loss selling. This list, released on December 16, 2024, highlights stocks that have underperformed significantly, making them potential candidates for investors looking to offset capital gains with losses. The