Forestar Group, Inc. (FOR)
NYSEReal EstateReal Estate - DevelopmentSnapshot 2026-09-04
NYSEReal EstateReal Estate - DevelopmentSnapshot 2026-09-04
QuarterlyIQ Insights · FOR
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $28 FOR trades at 8.4× p/e, below its 13× p/e peer median. Our $45 fair value sits well above the price. It's a high-confidence read. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| dcf fcfe | 12M | $69.29 | — | — | Hist. CAGR | high |
| dcf fcff | 12M | $131.84 | — | — | Hist. CAGR | high |
| graham number | 12M | $52.12 | — | — | TTM | high |
| Peer EV/EBITDA | 12M | $40.83 | 19.9 | 2.44 | TTM | high |
| Peer P/FCF | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Only weak execution quality — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks cheaper than most peers in the same business.
Around its own typical valuation.
Trailing four: 2025-Q4, 2026-Q1, 2026-Q2, 2026-Q3
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $85.87 |
| 15.6 |
| 5.51 |
| TTM |
| high |
| Peer P/E | 12M | $43.95 | 13.2 | 3.33 | TTM | high |
| Peer P/S | 12M | $99.18 | 3.8 | 25.90 | TTM | high |
| residual income | 12M | $36.97 | — | — | TTM | high |
| Own P/E history | 12M | $29.42 | 8.8 | 3.33 | TTM | high |
| triangulated | 12M | $42.54 | 13.2 | 3.22 | Triangulated | high |
| Peer P/FCF | 3Y | $95.54 | 15.6 | 6.13 | Hist. CAGR(prov.) | medium |
| Peer P/E | 3Y | $31.53 | 13.2 | 2.39 | Hist. CAGR(prov.) | medium |
| Peer P/S | 3Y | $148.03 | 3.8 | 38.66 | guidance | medium |
| Own P/E history | 3Y | $21.11 | 8.8 | 2.39 | Hist. CAGR(prov.) | medium |
| Peer P/FCF | 5Y | $102.58 | 15.6 | 6.59 | Hist. CAGR(prov.) | low |
| Peer P/E | 5Y | $25.27 | 13.2 | 1.91 | Hist. CAGR(prov.) | low |
| Peer P/S | 5Y | $195.77 | 3.8 | 51.12 | guidance | low |
| Own P/E history | 5Y | $16.92 | 8.8 | 1.91 | Hist. CAGR(prov.) | low |