FORESTAR GROUP INC.

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NYSE : FOR

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Corporate Profile

Forestar Group Inc. is a residential lot development company with operations in 54 markets and 22 states. Based in Arlington, Texas, the Company delivered more than 14,000 residential lots during thefiscal year ended September 30, 2023. Forestar is a majority-owned subsidiary of D.R. Horton, the largest homebuilder by volume in the United States since 2002. The Company primarily acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency.

Residential Lots Sold in FY 2023

%

Increase in lots sold FY 2018-2023

Year Forestar Became Publicly Traded

Upcoming Events

January 23, 2024 5:00 PM ETQ1 2024 Forestar Earnings Conference Call

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You are about to review presentations, reports and/or filings of Forestar Group Inc., that contain time-sensitive information. The information contained therein is only accurate as of the date thereof. Forestar Group Inc. will not be reviewing or updating the material that is contained in these items after the date thereof. The information contained therein may be updated, amended, supplemented or otherwise altered by subsequent presentations, reports and/or filings by Forestar Group Inc.

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FEATURED PRESENTATION

Q4 FY 2023 Investor Presentation

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WHY INVEST IN FORESTAR?

Long-Term Growth

Forestar plans to significantly grow into a large-scale, national lot developer.

Strategic Relationship

Through its strategic relationship with D.R. Horton, the largest homebuilder in the country, Forestar has significant built-in demand for current and future lot deliveries.

Strong Balance Sheet & Liquidity Position

Forestar has accessed the capital markets and obtained growth capital for fiscal 2024 and beyond while maintaining modest leverage and approximately $1 billion of liquidity at September 30, 2023.

Geographic Diversification

Forestar is more geographically diversified than most homebuilders with operations in 54 markets across 22 states and 79,200 lots controlled at September 30, 2023.

LATEST NEWS

Forestar to Release 2024 First Quarter Earnings on January 23, 2024

Dec 8, 2023

Forestar to Release 2024 First Quarter Earnings on January 23, 2024 Forestar Group Inc. (NYSE: FOR) announced today that the Company will release financial results for its first quarter ended December 31, 2023 on Tuesday, January 23, 2024 before the market opens. The...

Forestar Names Anthony W. Oxley as Incoming CEO and Announces Retirement of Daniel C. Bartok

Nov 28, 2023

Forestar Names Anthony W. Oxley as Incoming CEO and Announces Retirement of Daniel C. Bartok Forestar Group Inc. (“Forestar”) (NYSE: FOR), a leading national residential lot developer, today announced the retirement of Daniel (Dan) C. Bartok and the...

Forestar Reports Fourth Quarter and Fiscal 2023 Results

Nov 7, 2023

Forestar Group Inc. (“Forestar”) (NYSE: FOR), a leading national residential lot developer, today reported financial results for its fourth quarter and fiscal year ended September 30, 2023. Fiscal 2023 Fourth Quarter Highlights All comparisons are year-over-year Net...