Trade Forestar Group Inc - FOR CFD

Trading Conditions

• TypeThis financial instrument is available for trading through CFDs and Knock-outs.Knock-out options available only for selected countries.Learn more about:CFDsKnock-outs:
  CFD

  

  Knock-out

  
• Spread: 0.39
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.021429 %(-$1.07)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: -0.02143%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000793 %(-$0.04)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: -0.00079%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 20.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.021429 %
  (-$1.07)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000793 %
  (-$0.04)

Key Stats

• Prev. Close: 30.12
• Open: 29.55
• 1-Year Change: 33.05%
• Day's Range: 29.33 - 30.48

Trade Forestar Group Inc - FOR

About Forestar Group Inc.

Forestar Group Inc is a residential lot development company. The Company acquires entitled real estate and develops it into finished residential lots for sale to homebuilders. It operates through its real estate segment. Its real estate segment acquires land and develops infrastructure for single-family residential communities and sells residential single-family finished lots to local, regional, and national homebuilders. It is engaged in project planning and management activities related to entitlement, acquisition, community development and sale of residential lots. It focuses on developing single-family residential communities for entry-level, first-time and first-time move-up homebuyers. It also manages the process of community design through infrastructure construction. Its commercial tracts are developed internally or ventured with commercial developers that specialize in the construction and operation of properties, such as apartments, retail centers or office buildings.

Financial summary

BRIEF: For the three months ended 31 December 2021, Forestar Group Inc. revenues increased 33% to $407.6M. Net income increased 84% to $40.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Equity in earnings of unconsolidated ven increase from $200K to $1.1M (income), Gain on sale of assets increase from $0K to $500K (income).

Equity composition

Common Stock $1 Par, 03/11, 200M auth., 36,700,008 issd., less 1,279,605 shs. in Treas. @ $20.6M. Insiders & Strategic owns 1.81%. IPO 12/31/07, 35.4M shares @ $19 per shareby Temple-Inland LLC. 11/08, Name changed from Forestar Real Estate Group Inc.