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Forestar Group Inc. (FOR)

NYSE - Nasdaq Real Time Price. Currency in USD
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17.525+0.02 (+0.14%)
As of 2:04PM EDT. Market open.
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Previous Close17.500
Bid17.450 x 2100
Ask17.500 x 21100
Day's Range17.400 - 17.600
52 Week Range10.600 - 17.770
Avg. Volume1,126,885
Market Cap734.91M
PE Ratio (TTM)8.43
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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  • American City Business Journals4 days ago

    D.R. Horton ups bid for Forestar, emerges with inside track on buyout

    Amid a flurry of back and forth bids, Arlington-based homebuilder D.R. Horton Inc. appears to have the upper hand to acquire most of the shares of Austin-based real estate developer Forestar Group Inc. On Friday, D.R. Horton (DHI) boosted its bid to acquire 75 percent of Forestar's outstanding shares to $17.75 per share, up from its original bid of $16.25. The move came after the other bidder, Starwood Capital Group, a Connecticut-based global investment firm, increased its own bid to acquire all outstanding Forestar shares at $16 apiece.

  • American City Business Journals4 days ago

    D.R. Horton ups the ante to land Forestar in key acquisition deal

    Homebuilding giant D.R. Horton Inc. (DHI) has upped its offer to acquire 75 percent of the outstanding shares of Forestar Group Inc. (FOR) by $1.50 per share, which could help them expand their building pipeline business throughout the United States . The Arlington-based homebuilder increased its offer Friday to acquire the majority of the Austin-based land development firm to $17.75 per share in an amended proposal. Earlier this month, D.R. Horton made an offer to Forestar to buy 75 percent of outstanding shares at $16.25 per share.

  • Reuters4 days ago

    Forestar says D.R. Horton's sweetened offer superior to Starwood bid

    Forestar Group Inc said on Friday top U.S. homebuilder D.R. Horton Inc had sweetened its offer to buy a 75 percent stake in the real estate developer, escalating a bidding war with investment firm Starwood Capital Group. Forestar said D.R. Horton's new cash offer of $17.75 per Forestar share — up from $16.25 per share previously — was superior to a proposal from Starwood to buy all of Forestar. Texas-based Forestar agreed in April to be acquired by Starwood for $14.25 per share.