| Market Capitalization (Millions $) |
1,446 |
| Shares
Outstanding (Millions) |
51 |
| Employees |
136 |
| Revenues (TTM) (Millions $) |
1,509 |
| Net Income (TTM) (Millions $) |
203 |
| Cash Flow (TTM) (Millions $) |
-135 |
| Capital Exp. (TTM) (Millions $) |
2 |
Forestar Group Inc
Forestar Group Inc is a publicly traded real estate and natural resource management company headquartered in Austin, Texas. The company was founded in 1955 as a timber company, and has since evolved into a diversified real estate and natural resource management company with operations across the United States.
Forestar Group Inc has three main business segments, which include: Real Estate, Natural Resources, and Fiber Resources. The Real Estate segment involves the acquisition, entitlement, development, and sale of residential and commercial land. This includes single-family, mixed-use, and master-planned communities, as well as commercial developments such as office, retail, and industrial properties. The Natural Resources segment involves the management and monetization of the company's timberlands, as well as the sale of hunting, fishing, and recreational leases. The Fiber Resources segment involves the production and sale of wood fiber, primarily used in the manufacture of paper and pulp products.
In addition to its core business segments, Forestar Group Inc also has several strategic partnerships and joint ventures with other real estate and natural resource management companies. These partnerships allow the company to expand its reach and diversify its business offerings.
Forestar Group Inc prides itself on being a responsible and sustainable land and resource management company. The company manages its timberlands in accordance with the Sustainable Forestry Initiative (SFI) program, which aims to ensure that the forests are managed in a way that is ecologically responsible, socially beneficial, and economically viable. The company is also committed to reducing its environmental impact and has implemented several sustainable practices, such as using alternative fuels in its vehicles and facilities, and reducing its use of water and energy.
Forestar Group Inc has a strong financial position, with a market capitalization of approximately $1.2 billion as of 2021. The company has consistently generated revenue and profits over the years, with revenue of $694 million in 2020, up from $511.9 million in 2019.
Overall, Forestar Group Inc is a leading real estate and natural resource management company with a strong focus on sustainability and responsible land management practices. With a diversified business portfolio and strategic partnerships, the company is well-positioned for future growth and success.
Company Address: 2221 E. Lamar Blvd. Arlington 76006 TX
Company Phone Number: 769-1860 Stock Exchange / Ticker: NYSE FOR
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