1 unchanged sentence
Market Information
−Removed: Our common stock is traded on the New York Stock Exchange (NYSE) under the trading symbol "FOR." As of November 10, 2021, the closing price of our common stock on the NYSE was $21.51, and there were approximately 1,167 holders of record.
+Added: Our common stock is traded on the NYSE under the trading symbol "FOR." As of November 10, 2022, the closing price of our common stock on the NYSE was $13.45, and there were approximately 1,076 holders of record.
Dividend Policy
2 unchanged sentences
Stock Performance Graph
−Removed: The following graph illustrates the cumulative total stockholder return of an initial investment of $100 on December 31, 2016 in Forestar common stock for the period from December 31, 2016 through September 30, 2021 compared to the same investment in the Russell 2000 Index and certain peer groups.
−Removed: Pursuant to SEC rules, returns of each of the companies in the peer groups are weighted according to the respective company’s stock market capitalization at the beginning of each period for which a return is indicated.
−Removed: Shareholder returns over the indicated period are based on historical data and should not be considered indicative of future shareholder returns.
−Removed: The graph and related disclosure in no way reflect our forecast of future financial performance.
−Removed: During the fiscal year ended September 30, 2021, we revised our peer group to include M.D.C.
+Added: The following graph illustrates the cumulative total stockholder return of an initial investment of $100 on December 31, 2017 in Forestar common stock for the period from December 31, 2017 through September 30, 2022 compared to the same investment in the Russell 2000 Index and our peer group.
+Added: The companies included in our peer group are M.D.C.
Holdings, Inc.;
7 unchanged sentences
These companies were selected based on their industries, similar market capitalization and business model.
−Removed: Our former peer group consisted of the following real estate companies:
−Removed: Tejon Ranch Co.;
−Removed: Five Point Holdings, LLC (Class A);
−Removed: and Alexander & Baldwin, Inc.
+Added: Pursuant to SEC rules, returns of each of the companies in the peer groups are weighted according to the respective company’s stock market capitalization at the beginning of each period for which a return is indicated.
+Added: Shareholder returns over the indicated period are based on historical data and should not be considered indicative of future shareholder returns.
+Added: The graph and related disclosure in no way reflect our forecast of future financial performance.
December 31, September 30,
2 unchanged sentences
$ 100.00 $ 96.36 $ 83.09 $ 80.45 $ 84.68 $ 50.86
−Removed: Former Peer Group 100.00 94.43 80.21 78.95 57.18 111.99
Russell 2000 100.00 111.51 101.60 101.99 150.62 115.23
−Removed: New Peer Group 100.00 124.56 109.14 119.80 112.14 148.37
+Added: Peer Group 100.00 87.62 96.18 90.03 119.11 81.68
This performance graph shall not be deemed to be incorporated by reference into our SEC filings and should not constitute soliciting material or otherwise be considered filed under the Securities Act of 1933, as amended (Securities Act) or the Exchange Act.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.