|Bid||11.81 x 900|
|Ask||11.87 x 800|
|Day's Range||11.72 - 12.42|
|52 Week Range||9.75 - 23.11|
|Beta (5Y Monthly)||1.82|
|PE Ratio (TTM)||11.01|
|Earnings Date||Jan 22, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.33|
The Zacks Analyst Blog Highlights: Telenav, Forestar, Alpine Income Property Trust, Innovative Industrial Properties and MDU Resources
Moody's Investors Service ("Moody's") assigned a B2 rating to Forestar Group Inc.'s (Forestar) proposed $300 million senior unsecured notes due 2028. Pro forma for the proposed offering and the repayment of the convertible notes at maturity, Forestar's total debt to capitalization will stand at approximately 44% from 36% at December 31, 2019. "With the proposed $300 million offering, the redemption of the convertible notes and $373 million in cash on hand at December 31, 2019, Forestar will have significant financial flexibility and no debt maturities until April 2024 at the expense of lower interest coverage and higher leverage," said Emile El Nems, a Moody's VP-Senior Analyst.
Moody's Investors Service (Moody's) upgraded D.R. Horton, Inc.'s (Horton) senior unsecured note ratings to Baa2 from Baa3. The ratings upgrade reflects the strength of Horton's credit profile and its operating strategy, track record of solid execution, and Moody's belief that the company will be able to maintain a strong balance sheet during both the favorable market conditions and industry weakness. Supportive factors also include Horton's leading market position in the country, which allows for significant purchasing efficiencies and land acquisition opportunities, and a majority of revenue from the sale of entry level homes, the growth of which Moody's expects to exceed that of other product.
Forestar Group (FOR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Forestar Group (FOR) delivered earnings and revenue surprises of 133.33% and 45.84%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Previously owned home rose 3.6% in December boosted by low interest rates that pushed sales of both multi-family and single-family homes.
Forestar Group (FOR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The buyout of two Class AAA towers in The Woodlands, Texas and the Century Park campus, enclosing 17 office buildings, enables Howard Hughes (HHC) to cater to the growing demand for office space.
It's time to think big and set an investment goal for 2020 that could double your money. The key to accomplish this task is to look for top-ranked stocks in top-ranked industries.
The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
Both housing starts and building permits increased modestly in October. Here are five top picks from the housing sector that are poised to gain.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
Based on the fact that hedge funds have collectively under-performed the market for several years, it would be easy to assume that their stock picks simply aren't very good. However, our research shows this not to be the case. In fact, when it comes to their very top picks collectively, they show a strong ability […]
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Forestar Group Inc. New York, October 31, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Forestar Group Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.