Forestar Group (FOR) Receiving Somewhat Favorable Media Coverage, Analysis Finds
Press coverage about Forestar Group (NYSE:FOR) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Forestar Group earned a news impact score of 0.10 on Accern’s scale. Accern also assigned press coverage about the oil and gas exploration company an impact score of 44.9488573706365 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Forestar Group (NYSE:FOR) opened at $21.65 on Wednesday. The company has a quick ratio of 26.13, a current ratio of 26.13 and a debt-to-equity ratio of 0.18. Forestar Group has a 1-year low of $12.30 and a 1-year high of $22.70. The company has a market capitalization of $903.78 and a price-to-earnings ratio of 18.71.
Separately, ValuEngine lowered Forestar Group from a “buy” rating to a “hold” rating in a report on Friday, December 1st.
About Forestar Group
Forestar Group Inc is a residential and mixed-use real estate development company. The Company operates through three segments. The Real Estate segment secures entitlements and develops infrastructure on its lands, for single-family residential and mixed-use communities. The Mineral resources segment is focused on its owned oil and gas mineral interests through promoting exploration, development and production activities.
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