Forestar Group

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.

References

https://en.wikipedia.org/wiki/Forestar_Group

https://in.investing.com/equities/forestar-group-inc

https://www.comparably.com/companies/vision/mission

https://www.crunchbase.com/organization/forestar-group

https://finance.yahoo.com/quote/FOR/

https://www.forestar.com

https://sec.report/CIK/0001406587

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