Forestar Group Inc (FOR) : During the past 4 weeks, traders have been relatively bearish on Forestar Group Inc (FOR), hence the stock is down -4.59% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.9% relative to the S&P 500. The 4-week change in the price of the stock is -6.52% and the stock has fallen -4.39% in the past 1 week.
The stock has recorded a 20-day Moving Average of 7.85% and the 50-Day Moving Average is 7.06%.The 200 Day SMA reached 2.16% Forestar Group Inc. has dropped 8.11% during the last 3-month period . Year-to-Date the stock performance stands at 3.56%.
Forestar Group Inc (FOR) : 2 Wall Street analysts covering Forestar Group Inc (FOR) believe that the average level the stock could reach for the short term is $16.5. The maximum price target given is $17 and the minimum target for short term is around $16, hence the standard deviation is calculated at $0.71.
For the current week, the company shares have a recommendation consensus of Buy. Forestar Group Inc (NYSE:FOR): stock was range-bound between the intraday low of $11.3 and the intraday high of $11.525 after having opened at $11.49 on Fridays session. The stock finally closed in the red at $11.49, a loss of -1.56%. The stock remained in the red for the whole trading day. The total traded volume was 1,207,042 shares. The stock failed to cross $11.525 in Fridays trading. The stocks closing price on Thursday was $11.33.
Forestar Group Inc. is a real estate, and oil and gas company. The Company owns directly or through ventures, approximately 113,000 acres of real estate located in 10 states and 13 markets, including approximately 102,000 acres with timber, primarily in Georgia. It also has approximately 960,000 net acres of oil and gas mineral interests. The Company operates in three segments: real estate, oil and gas, and other natural resources. Its real estate segment conducts project planning and management activities related to the acquisition, entitlement, development and sale of real estate, primarily residential and mixed-use communities. Its oil and gas segment is engaged in the exploration, development and production of oil and gas on the Companys owned and leasehold mineral interests. Its other natural resources segment sells wood fiber from portions of its land, primarily in Georgia, and leases land for recreational uses.