Forestar Group

#5459

Rank

$1.02B

Marketcap

United States

Country

Leadership team

Mr. Donald J. Tomnitz (Exec. Chairman)

Mr. Daniel C. Bartok (Chief Exec. Officer)

Mr. James D. Allen CPA (Exec. VP, CFO & Treasurer)

Products/ Services

Real Estate

Number of Employees

100 - 500

Headquarters

Austin, Texas, United States

Established

1955

Company Registration

SEC CIK number: 0001406587

Net Income

100M - 500M

Revenue

Above - 1B

Traded as

FOR

Social Media

URL

https://www.forestar.com

Overview

Location

Recognition and Award

References

Summary

Forestar Group Inc. operates as a residential lot development company in the United States. The acquires land and develops infrastructure for single-family residential communities. It sells its residential single-family finished lots to local, regional, and national homebuilders. The company is headquartered in Arlington, Texas. Forestar Group Inc. is a subsidiary of D.R. Horton, Inc.

History

Forestar Group Inc. was founded in 1951 by brothers Charles and Charles G. Matthews as a family company to manage their forestry land. The company's expertise eventually extended to the fields of real estate development, oil and gas production, and other natural resource management. In 1976 the company was listed on the American Stock Exchange and today is publicly traded on the New York Stock Exchange (NYSE).

Mission

At Forestar, our mission is to manage our resources responsibly, responsibly develop our properties for the benefit of our stakeholders, and sustainably benefit the communities in which we operate.

Vision

Forestar’s vision is to be an exceptional and innovative real estate, oil and gas, and other natural resources development and management firm, creating long-term value for shareholders and creating a trajectory of growth, innovation and sustainability.

Key Team

Mr. Mark Stephen Walker (Exec. VP & COO)

Ms. Katie Smith (Director of Fin. & Investor Relations)

Ashley Dagley (Sr. VP & Corp. Sec.)

Recognition and Awards

Some of Forestar's awards include: the Global Real Estate Sustainability Benchmark Green Star certification, the National Association of Industrial & Office Properties Development of distinction awards, and the U.S. Green Building Council's LEED certification.