BTIG analyst Ryan Gilbert reiterated a Buy rating on Forestar Group (NYSE:FOR) Inc on Wednesday, setting a price target of $31, which is approximately 48.54% above the present share price of $20.87.
Gilbert expects Forestar Group Inc to post earnings per share (EPS) of $0.59 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Forestar Group, with an average price target of $29.67.
The analysts price targets range from a high of $32 to a low of $26.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $287.1 million and a net profit of $37 million. The company's market cap is $1.03 billion.
According to TipRanks.com, BTIG analyst Ryan Gilbert is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.7% and a 58.18% success rate.
Forestar Group, Inc. is a residential and mixed-use real estate development company. The company was founded in December 2007 and is headquartered in Austin, TX.