Forestar Group Inc. Stock: price and insider trades · United States

Forestar’s competitive position is supported by several factors. First, it has national scale in a fragmented sector, with a large and diversified market presence across the United States. Second, it benefits from a strategic relationship with D.R. Horton, its majority owner and the largest homebuilder by volume in the United States. That relationship provides commercial stability and a meaningful source of recurring demand, while also giving Forestar a strong platform to serve both national and regional builders. Third, the company’s focus on entitled land reduces some of the entitlement risk faced by broader land investors.

Recent results show a business that remains operationally solid despite affordability pressures and a cautious housing backdrop. For fiscal 2025, Forestar reported roughly 14,240 lots sold, about $1.7 billion in revenue, and nearly 99,800 owned and controlled lots at September 30, 2025. In its fiscal first quarter 2026 update, the company reported approximately 101,000 owned and controlled lots, with a significant portion already under contract, supporting future revenue visibility. For investors, Forestar represents a U.S. residential real estate name with a niche but essential role: it is not a diversified property company, but a focused lot developer with national reach, a strong builder relationship, and a business model tied to long-term housing supply needs.