News headlines about Forestar Group (NYSE:FOR) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Forestar Group earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned press coverage about the oil and gas exploration company an impact score of 45.3632688600304 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of FOR stock opened at $22.60 on Friday. Forestar Group has a twelve month low of $14.10 and a twelve month high of $26.39. The firm has a market capitalization of $947.82, a price-to-earnings ratio of 19.48 and a beta of 1.80. The company has a debt-to-equity ratio of 0.18, a current ratio of 17.88 and a quick ratio of 17.88.
In other news, insider Donald J. Tomnitz bought 4,000 shares of the stock in a transaction on Tuesday, March 6th. The stock was acquired at an average cost of $24.17 per share, for a total transaction of $96,680.00. Following the acquisition, the insider now owns 2,000 shares of the company’s stock, valued at $48,340. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.13% of the stock is currently owned by corporate insiders.
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About Forestar Group
Forestar Group Inc operates as a real estate development company. The company engages in the acquisition, entitlement, development, and sale of real estate, primarily single-family residential and mixed-use communities. It also sells residential lots to home builders; and commercial properties. As of December 31, 2017, Forestar Group Inc had 49 entitled, developed, or under development projects in 11 states and 16 markets planned for residential and commercial uses in the United States.
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