NYSE$FOR
Forestar Group Inc · Q1 2025 earnings
Q1 2025 earnings · · Investor relations
Briefing
Reported first quarter fiscal 2025 results with a decrease in net income and revenues.
Forestar Group Inc. reported a decrease in net income to $16.5 million and revenues to $250.4 million for the first quarter of fiscal 2025. The company sold 2,333 lots and invested $684.4 million in land acquisition and development.
- Net income totaled $16.5 million or $0.32 per diluted share.
- Revenues of $250.4 million on 2,333 lots sold.
- Land acquisition and development investments totaled $684.4 million.
- Owned and controlled lots of 106,000 at December 31, 2024.
Headline financials
Revenue & EPS history
Forestar · Revenue · Quarterly
$250M
Revenue by segment
Forestar · $550M total across 2 segments · Q4 2023
- Residential Lot Sales$486M+39.8%88.3%
- Tract Sales & Other$64.1M+131.4%11.7%
Forward guidance
Forestar expects lot deliveries to increase over the remaining three quarters of fiscal 2025. They anticipate delivering between 16,000 and 16,500 lots, generating $1.6 billion to $1.65 billion of revenue, and plan to invest approximately $2.0 billion in land acquisition and development.
Tailwinds
- Expects lot deliveries to increase over the remaining three quarters
- Anticipates delivering between 16,000 and 16,500 lots
- Generating $1.6 billion to $1.65 billion of revenue
- Plan to invest approximately $2.0 billion in land acquisition and development
- Strong balance sheet and liquidity give flexibility to adapt to market conditions
Headwinds
- First quarter is expected to be the lowest delivery quarter
- Net income for the first quarter of fiscal 2025 decreased 57%
- Pre-tax income for the quarter decreased 57%
- Revenues totaled $250.4 million in the first quarter compared to $305.9 million in the same quarter of fiscal 2024.
- Lots sold during the first quarter decreased 26%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2025
+0.2%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+3.6%
Avg return
30 days after
49%
32 / 65 earnings
Positive
+17.9%
Q4 2017
Best reaction
-15.3%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +0.4% | +6.3% | -1.3% | |
| Q1 2026 | -4.6% | -9.6% | +8.2% | |
| Q4 2025 | +6.6% | -0.2% | -1.0% | |
| Q3 2025 | +0.6% | +1.3% | +1.8% | |
| Q2 2025 | -0.6% | +1.6% | +6.2% | |
| Q1 2025 | -10.1% | -12.4% | -14.0% | |
| Q4 2024 | +0.9% | -1.9% | -5.6% | |
| Q3 2024 | -14.8% | -11.4% | -18.6% | |
| Q2 2024 | -7.5% | -7.9% | +2.4% | |
| Q1 2024 | -8.7% | -6.2% | -6.9% | |
| Q4 2023 | +14.9% | +14.3% | +20.3% | |
| Q3 2023 | +13.1% | +21.6% | +19.9% | |
| Q2 2023 | +10.4% | +17.0% | +31.7% | |
| Q1 2023 | -9.7% | -10.7% | -15.6% | |
| Q4 2022 | +15.9% | +17.2% | +32.0% | |
| Q3 2022 | -6.2% | -6.9% | -11.6% | |
| Q2 2022 | -3.5% | -2.9% | -6.1% | |
| Q1 2022 | +8.8% | +11.7% | +1.9% | |
| Q4 2021 | +3.2% | +2.2% | -2.5% | |
| Q3 2021 | +12.4% | +12.4% | +5.3% | |
| Q2 2021 | -1.1% | -0.5% | -9.8% | |
| Q1 2021 | -1.1% | -1.6% | -3.2% | |
| Q4 2020 | +5.6% | +7.1% | +12.5% | |
| Q3 2020 | +2.7% | +5.4% | +9.1% | |
| Q2 2020 | +0.9% | +13.0% | +24.0% | |
| Q1 2020 | -0.4% | -9.2% | -2.3% | |
| Q4 2019 | +3.2% | +4.0% | +4.9% | |
| Q3 2019 | +3.0% | +6.8% | -5.2% | |
| Q2 2019 | +0.8% | +1.5% | -2.6% | |
| Q4 2018 | -0.4% | +1.6% | +7.6% | |
| Q3 2018 | -15.3% | -16.4% | -20.3% | |
| Q2 2018 | +1.1% | +0.0% | +5.5% | |
| Q1 2018 | -2.2% | -4.8% | +2.8% | |
| Q4 2017 | +17.9% | +11.0% | +6.7% | |
| Q3 2017 | -4.8% | -1.4% | +27.0% | |
| Q2 2017 | -0.9% | -0.9% | +0.3% | |
| Q1 2017 | +0.0% | +0.0% | +14.9% | |
| Q4 2016 | -1.5% | -1.5% | +2.6% | |
| Q3 2016 | +3.5% | +9.7% | +19.8% | |
| Q2 2016 | -2.0% | -2.6% | +2.5% | |
| Q1 2016 | -5.9% | — | — | |
| Q4 2015 | +10.0% | — | — | |
| Q3 2015 | -5.8% | — | — | |
| Q2 2015 | +3.0% | — | — | |
| Q1 2015 | -5.8% | — | — | |
| Q4 2014 | +8.3% | — | — | |
| Q3 2014 | +0.5% | — | — | |
| Q2 2014 | +0.0% | — | — | |
| Q1 2014 | -5.9% | — | — | |
| Q4 2013 | -0.5% | — | — | |
| Q3 2013 | -6.3% | — | — | |
| Q2 2013 | -4.9% | — | — | |
| Q1 2013 | +5.0% | — | — | |
| Q4 2012 | +3.7% | — | — | |
| Q3 2012 | -10.0% | — | — | |
| Q2 2012 | +4.0% | — | — | |
| Q1 2011 | -1.1% | — | — | |
| Q1 2012 | +2.3% | — | — | |
| Q4 2009 | +5.4% | — | — | |
| Q4 2011 | +5.4% | — | — | |
| Q3 2010 | +3.5% | — | — | |
| Q3 2011 | +3.5% | — | — | |
| Q2 2010 | -9.2% | — | — | |
| Q2 2011 | -9.2% | — | — | |
| Q4 2010 | -9.2% | — | — |
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