(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 333.8MM | +9% |
Gross Profit | 83.1MM | - |
Cost Of Revenue | 250.7MM | +8% |
Operating Income | 58.9MM | +15% |
Operating Expenses | 24.2MM | - |
Net Income | 45MM | +18% |
G&A | 29.2MM | +4% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Stocks specializing in real estate, such as real estate investment trusts (REITs), are a great option for investors seeking exposure to the real estate market without buying properties for a significant upfront cost. REITs are solid investment options because they typically offer very high dividends to investors. To be classified as real estate investment trusts, companies must distribute at least 90% of their taxable income to shareholders primarily through dividend payments. Below are a few co
Green Brick Partners, Forestar and Landsea Homes are part of the Zacks Industry Outlook article.
Forestar Group (NYSE:FOR) has had a rough month with its share price down 15%. However, a closer look at its sound...
Despite a high interest rate environment, recovery in demand for certain real-estate property types and constrained supply poise Real Estate Development industry players like GRBK, FOR and LSEA well for growth.
The company easily topped analyst estimates in its fiscal second quarter, but its immediate future might not be so rosy.
Forestar Group Inc. (NYSE:FOR) Q2 2024 Earnings Call Transcript April 18, 2024 Forestar Group Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, and welcome to Forestar’s Second Quarter 2024 Earnings Conference Call. At this time, all participants […]
Q2 2024 Forestar Group Inc Earnings Call
Forestar Group (FOR) delivered earnings and revenue surprises of 5.95% and 3.41%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
ARLINGTON, Texas, April 18, 2024--Forestar reported that net income for the second quarter of fiscal 2024 increased 67% to $45.0 million or $0.89 per diluted share.
CPI, the Consumer Price Index, is a metric used to gauge the rate of inflation and deflation. It’s released by the Bureau of Labor Statistics (BLS) and reports the monthly fluctuations in consumer goods and services prices. The CPI is a market-moving metric in that when it shows a deflation rate compared to the previous year, the market tends to react positively. On the other side, if it’s reported that inflation rose compared to the year before, this can negatively affect investors. The Consume