Earnings ·
Forestar reports $59.2M Q4 net income on $580.8M revenue as fiscal year earnings decline
FORForestar Group Inc.
Forestar Group Inc. reported fourth-quarter and full-year fiscal 2026 results for the period ended September 30, 2026. Fourth-quarter net income attributable to Forestar decreased 32% to $59.2 million, or $1.15 per diluted share, on revenues of $580.8 million from 5,004 lots sold. Full-year net income fell 15% to $142.6 million, or $2.78 per diluted share, with annual revenues declining 2% to $1.6 billion as the company delivered 13,545 lots. The company ended the year with a book value per share of $37.56 and total liquidity of $1.3 billion. Forestar Group Inc. is a leading national residential lot developer supplying finished lots to homebuilders.