Forestar Group Inc. (FOR) Form 8-K — Oct 29, 2026
Forestar Group reported Q4 fiscal 2026 net income of $59.2 million ($1.15 per diluted share), down 32% from $87.0 million a year ago, on revenues of $580.8 million, down 13%. For the full fiscal year, net income fell 15% to $142.6 million ($2.78 per diluted share) on revenues of $1.6 billion, with 13,545 lots sold, and results included $7.6 million of impairment charges. The company guided fiscal 2027 to 12,000-13,000 lot deliveries and $1.4-$1.5 billion of revenue, below FY26 levels, citing affordability constraints and rising mortgage rates.
Key figures
- Eps
- 2.78
- Guidance
- Fiscal 2027: 12,000-13,000 lots delivered, $1.4-$1.5 billion of revenue
- Net Income
- 142600000
- Total Debt
- 794200000
- Revenue Yoy
- -2% (fiscal year); -13% (Q4)
- Cash Position
- 657000000
- Shares Outstanding
- 51017627
- Q4 eps
- 1.15
- Q4 revenue
- 580800000
- Lots sold fy
- 13545
- Lots sold q4
- 5004
- Q4 net income
- 59200000
- Q4 gain on sale
- 10000000
- Total liquidity
- $1.3 billion
- Fy pretax income
- 192100000
- Fy pretax margin
- 11.7%
- Q4 pretax income
- 78600000
- Q4 pretax margin
- 13.5%
- Return on equity
- 7.8%
- Book value per share
- 37.56
- Q4 impairment charges
- 7600000
- Contracted future revenue
- $2.2 billion
- Lots owned and controlled
- 84400
- Net debt to total capital
- 6.7%
- Owned lots under contract
- 21500
- Avg sales price per lot q4
- 108300
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