Forestar Q3 profit rises 9% to $35.9 million; fiscal 2026 guidance maintained
Forestar Group reported fiscal third-quarter 2026 results for the quarter ended June 30, 2026. Net income attributable to Forestar rose 9% to $35.9 million, or $0.70 per diluted share, and revenue rose 4% to $407.0 million, while the company kept its fiscal 2026 lot delivery and revenue guidance unchanged.
Key points
- Net income attributable to Forestar rose 9% to $35.9 million, or $0.70 per diluted share, versus $0.65 a year earlier
- Revenue rose 4% to $407.0 million on 3,659 lots sold; nine-month lots sold fell 9% to 8,541
- Fiscal 2026 guidance maintained: 14,000 to 14,500 lots delivered and $1.6 billion to $1.7 billion in revenue
- Total liquidity of $1.1 billion and a net debt to total capital ratio of 17.7% at June 30, 2026
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.