Forrester Research (FORR) Stock Insights
FORR$12.04+0.02 +0.17%
$229.23M
Market Cap
-5.37
P/E
15.54
Forward P/E
33
Score
Forrester Research (FORR) Stock Insights
FORR price $12.04 +0.02 +0.17%
- Ticker
- FORR
- Price
- $12.04
- Change
- +0.02 +0.17%
- Market cap ?
- $229.23M
- P/E ?
- -5.37
- Forward P/E ?
- 15.54
- Dividend yield ?
- 0.00%
- Beta ?
- 1.00
- Sector
- Industrials
- Industry
- Consulting Services
- Stocklytics score
- 33
- Value
- 59
- Quality
- 34
- Growth
- 7
Stocklytics score rationale: value 59, quality 34, growth 7.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 326095000 | 337673000 | 357575000 | 461697000 | 448984000 | 494315000 | 537787000 | 480779000 | 432470000 | 396888000 |
Forrester Research, Inc. operates as an autonomous provider of research and advisory solutions. The company's business activities are structured into three primary divisions: Research, Consulting, and Events. Within its Research division, Forrester provides key subscription offerings such as Forrester Research, SiriusDecisions Research, and Forrester Decisions. These services are specifically engineered to equip…
Fair value
FORR fair value $23.09. Price $12.04. Price is 48% below fair value.
Below fair value, but more expensive than usual. A smaller discount than on 96% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 17.90M. Growth 0.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.79% (beta 1.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 19.04M. Net debt 8.56M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-10-29 | — | 0.21 | — | 81.78M |
| 2026-07-30 | 0.40 | 0.27 | 100.23M | 96.91M |
| 2026-05-06 | -0.04 | 0.12 | 85.45M | 83.28M |
| 2026-02-12 | 0.17 | 0.21 | 101.06M | 103.25M |
| 2025-10-30 | 0.37 | 0.31 | 94.30M | 103.25M |
| 2025-07-31 | 0.51 | 0.50 | 111.66M | 109.97M |
| 2025-05-06 | 0.11 | 0.08 | 89.88M | 90.70M |
| 2025-02-11 | 0.36 | 0.34 | 108.04M | 106.25M |
| 2024-11-05 | 0.29 | 0.34 | 102.53M | 101.94M |
| 2024-07-30 | 0.68 | 0.70 | 121.83M | 121.21M |
| 2024-04-30 | 0.14 | 0.22 | 100.08M | 104.21M |
| 2024-02-08 | 0.25 | 0.26 | 118.09M | 116.43M |
| 2023-10-26 | 0.44 | 0.34 | 113.43M | 113.44M |
| 2023-07-27 | 0.94 | 0.73 | 135.59M | 115.07M |
| 2023-05-04 | 0.27 | 0.46 | 113.67M | 121.54M |
| 2023-02-09 | 0.45 | 0.33 | 136.89M | 138.71M |
| 2022-11-02 | 0.57 | 0.39 | 127.68M | 126.79M |
| 2022-07-28 | 1.00 | 0.74 | 148.25M | 146.87M |
| 2022-05-05 | 0.45 | 0.32 | 124.97M | 121.78M |
| 2022-02-10 | 0.59 | 0.56 | 133.73M | 133.79M |
| 2021-11-03 | 0.41 | 0.26 | 118.14M | 116.09M |
| 2021-07-28 | 0.66 | 0.56 | 128.67M | 116.68M |
| 2021-05-05 | 0.45 | 0.18 | 113.78M | 106.51M |
| 2021-02-11 | 0.35 | 0.32 | 120.52M | 112.79M |
| 2020-10-29 | 0.24 | 0.09 | 108.58M | 45.24M |
| 2020-07-30 | 0.65 | 0.27 | 113.54M | 47.16M |
| 2020-05-07 | 0.37 | 0.15 | 106.34M | 28.74M |
| 2020-02-13 | 0.57 | 0.48 | 124.27M | 104.65M |
| 2019-10-24 | 0.34 | 0.29 | 108.60M | 92.63M |
| 2019-07-31 | 0.65 | 0.60 | 128.18M | 118.32M |
| 2019-04-30 | 0.08 | 0.02 | 100.65M | 50.32M |
| 2019-02-13 | 0.52 | 0.51 | 98.58M | 96.69M |
| 2018-10-24 | 0.33 | 0.29 | 84.89M | 92.61M |
| 2018-07-27 | 0.53 | 0.38 | 96.35M | 69.12M |
| 2018-04-26 | -0.01 | 0.06 | 77.75M | 466.20M |
| 2018-02-07 | 0.32 | 0.30 | 90.38M | 84.75M |
| 2017-10-25 | 0.31 | 0.23 | 80.37M | 59.65M |
| 2017-07-26 | 0.42 | 0.30 | 89.73M | 64.07M |
| 2017-04-26 | 0.17 | 0.15 | 77.19M | 68.12M |
| 2017-02-08 | 0.38 | 0.22 | 83.45M | 56.33M |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency Quarterly.
Safety score 55/100 · Moderate. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. Dividends were paid in 8 separate years. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2018-12-11 | $0.20 | 2018-12-12 | 2018-12-26 | Quarterly |
| 2018-09-11 | $0.20 | 2018-09-12 | 2018-09-26 | Quarterly |
| 2018-06-12 | $0.20 | 2018-06-13 | 2018-06-27 | Quarterly |
| 2018-03-06 | $0.20 | 2018-03-07 | 2018-03-21 | Quarterly |
| 2017-12-05 | $0.19 | 2017-12-06 | 2017-12-20 | Quarterly |
| 2017-09-01 | $0.19 | 2017-09-06 | 2017-09-20 | Quarterly |
| 2017-06-05 | $0.19 | 2017-06-07 | 2017-06-21 | Quarterly |
| 2017-02-27 | $0.19 | 2017-03-01 | 2017-03-15 | Quarterly |
| 2016-12-05 | $0.18 | 2016-12-07 | 2016-12-21 | Quarterly |
| 2016-09-02 | $0.18 | 2016-09-07 | 2016-09-21 | Quarterly |
| 2016-06-06 | $0.18 | 2016-06-08 | 2016-06-22 | Quarterly |
| 2016-02-29 | $0.18 | 2016-03-02 | 2016-03-16 | Quarterly |
| 2015-11-30 | $0.17 | 2015-12-02 | 2015-12-16 | Quarterly |
| 2015-08-31 | $0.17 | 2015-09-02 | 2015-09-16 | Quarterly |
| 2015-06-08 | $0.17 | 2015-06-10 | 2015-06-24 | Quarterly |
| 2015-03-02 | $0.17 | 2015-03-04 | 2015-03-18 | Quarterly |
| 2014-12-01 | $0.16 | 2014-12-03 | 2014-12-17 | Quarterly |
| 2014-08-29 | $0.16 | 2014-09-03 | 2014-09-17 | Quarterly |
| 2014-06-02 | $0.16 | 2014-06-04 | 2014-06-18 | Quarterly |
| 2014-03-03 | $0.16 | 2014-03-05 | 2014-03-19 | Quarterly |
| 2013-12-02 | $0.15 | 2013-12-04 | 2013-12-18 | Quarterly |
| 2013-08-30 | $0.15 | 2013-09-04 | 2013-09-18 | Quarterly |
| 2013-06-03 | $0.15 | 2013-06-05 | 2013-06-19 | Quarterly |
| 2013-03-04 | $0.15 | 2013-03-06 | 2013-03-20 | Quarterly |
| 2012-12-03 | $0.14 | 2012-12-05 | 2012-12-19 | Quarterly |
| 2012-08-31 | $0.14 | 2012-09-05 | 2012-09-19 | Quarterly |
| 2012-06-04 | $0.14 | 2012-06-06 | 2012-06-20 | Quarterly |
| 2012-03-05 | $0.14 | 2012-03-07 | 2012-03-21 | Quarterly |
| 2010-12-06 | $3.00 | 2010-12-08 | 2010-12-20 | Special |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-09-01 | Favre Christophe | Buy | 552 | — | — |
| 2026-09-01 | Favre Christophe | Sell | 257 | $12.23 | 3.14K |
| 2026-09-01 | Favre Christophe | Sell | 552 | — | — |
| 2026-08-20 | Darrah Ryan | Sell | 5.00K | $11.78 | 58.88K |
| 2026-08-20 | Finn Leo Christian | Sell | 7.00K | $11.78 | 82.43K |
| 2026-08-13 | Johnson Carrie | Sell | 5.00K | $11.51 | 57.55K |
| 2026-08-01 | Favre Christophe | Buy | 634 | — | — |
| 2026-08-01 | Favre Christophe | Sell | 301 | $11.50 | 3.46K |
| 2026-08-01 | Favre Christophe | Sell | 634 | — | — |
| 2026-08-01 | Chouinard Scott | Buy | 925 | — | — |
| 2026-08-01 | Chouinard Scott | Sell | 271 | $11.50 | 3.12K |
| 2026-08-01 | Chouinard Scott | Sell | 925 | — | — |
| 2026-08-01 | Facemire Michael | Buy | 2.60K | — | — |
| 2026-08-01 | Facemire Michael | Sell | 1.10K | $11.50 | 12.67K |
| 2026-08-01 | Facemire Michael | Sell | 1.97K | — | — |
| 2026-08-01 | Facemire Michael | Sell | 634 | — | — |
| 2026-08-01 | Cox Andrew | Buy | 308 | — | — |
| 2026-08-01 | Cox Andrew | Sell | 106 | $11.50 | 1.22K |
| 2026-08-01 | Cox Andrew | Sell | 308 | — | — |
| 2026-06-01 | BRADFORD NEIL | Sell | 198 | $7.22 | 1.43K |
| 2026-06-01 | Gonsalves Jobina | Buy | 4.91K | — | — |
| 2026-06-01 | Gonsalves Jobina | Sell | 1.44K | $7.22 | 10.40K |
| 2026-06-01 | Gonsalves Jobina | Sell | 4.91K | — | — |
| 2026-06-01 | Cox Andrew | Sell | 4.26K | — | — |
| 2026-06-01 | Cox Andrew | Buy | 4.26K | — | — |
| 2026-06-01 | Cox Andrew | Sell | 1.57K | $7.22 | 11.32K |
| 2026-05-12 | Friscia Anthony J | Buy | 8.00K | — | — |
| 2026-05-12 | BRADFORD NEIL | Buy | 8.00K | — | — |
| 2026-05-12 | Munchbach Cory | Buy | 8.00K | — | — |
| 2026-05-12 | Romine Warren N | Buy | 8.00K | — | — |
| 2026-05-12 | Bennett Robert Paul | Buy | 8.00K | — | — |
| 2026-04-15 | Chouinard Scott | Buy | 6.80K | — | — |
| 2026-04-01 | Favre Christophe | Buy | 3.18K | — | — |
| 2026-04-01 | Favre Christophe | Sell | 1.53K | $5.39 | 8.26K |
| 2026-04-01 | Favre Christophe | Sell | 2.19K | — | — |
| 2026-04-01 | Favre Christophe | Sell | 987 | — | — |
| 2026-04-01 | Cox Andrew | Buy | 25.00K | — | — |
| 2026-04-01 | Cox Andrew | Sell | 1.34K | — | — |
| 2026-04-01 | Cox Andrew | Buy | 1.82K | — | — |
| 2026-04-01 | Cox Andrew | Sell | 723 | $5.39 | 3.90K |
| 2026-04-01 | Cox Andrew | Sell | 480 | — | — |
| 2026-04-01 | Gonsalves Jobina | Buy | 25.00K | — | — |
| 2026-04-01 | Gonsalves Jobina | Sell | 5.00K | — | — |
| 2026-04-01 | Gonsalves Jobina | Buy | 5.00K | — | — |
| 2026-04-01 | Gonsalves Jobina | Sell | 1.73K | $5.39 | 9.34K |
| 2026-04-01 | Chouinard Scott | Buy | 4.64K | — | — |
| 2026-04-01 | Chouinard Scott | Sell | 1.61K | $5.39 | 8.67K |
| 2026-04-01 | Chouinard Scott | Sell | 3.21K | — | — |
| 2026-04-01 | Chouinard Scott | Sell | 1.44K | — | — |
| 2026-04-01 | Finn Leo Christian | Buy | 50.00K | — | — |
| 2026-04-01 | Finn Leo Christian | Buy | 14.34K | — | — |
| 2026-04-01 | Finn Leo Christian | Sell | 4.21K | $5.39 | 22.68K |
| 2026-04-01 | Finn Leo Christian | Sell | 2.45K | — | — |
| 2026-04-01 | Finn Leo Christian | Sell | 6.00K | — | — |
| 2026-04-01 | Johnson Carrie | Buy | 50.00K | — | — |
| 2026-04-01 | Johnson Carrie | Buy | 14.34K | — | — |
| 2026-04-01 | Johnson Carrie | Sell | 5.35K | $5.39 | 28.85K |
| 2026-04-01 | Johnson Carrie | Sell | 8.33K | — | — |
| 2026-04-01 | Johnson Carrie | Sell | 6.00K | — | — |
| 2026-04-01 | Leaver Sharyn | Buy | 10.45K | — | — |
| 2026-04-01 | Leaver Sharyn | Buy | 30.00K | — | — |
| 2026-04-01 | Leaver Sharyn | Sell | 2.96K | $5.39 | 15.93K |
| 2026-04-01 | Leaver Sharyn | Sell | 6.25K | — | — |
| 2026-04-01 | Leaver Sharyn | Sell | 4.20K | — | — |
| 2026-04-01 | Darrah Ryan | Sell | 9.32K | — | — |
| 2026-04-01 | Darrah Ryan | Sell | 3.64K | $5.39 | 19.62K |
| 2026-04-01 | Darrah Ryan | Buy | 25.00K | — | — |
| 2026-04-01 | Darrah Ryan | Sell | 5.42K | — | — |
| 2026-04-01 | Darrah Ryan | Sell | 3.90K | — | — |
| 2026-04-01 | Facemire Michael | Buy | 25.00K | — | — |
| 2026-04-01 | Facemire Michael | Sell | 5.00K | — | — |
| 2026-04-01 | Facemire Michael | Buy | 5.99K | — | — |
| 2026-04-01 | Facemire Michael | Sell | 2.85K | $5.39 | 15.39K |
| 2026-04-01 | Facemire Michael | Sell | 994 | — | — |
| 2026-03-02 | Favre Christophe | Buy | 30.00K | — | — |
| 2026-03-01 | Chouinard Scott | Buy | 745 | — | — |
| 2026-03-01 | Chouinard Scott | Sell | 258 | $5.98 | 1.54K |
| 2026-03-01 | Chouinard Scott | Sell | 745 | — | — |
| 2026-03-01 | Johnson Carrie | Buy | 6.02K | — | — |
| 2026-03-01 | Johnson Carrie | Sell | 2.57K | $5.98 | 15.34K |
| 2026-03-01 | Johnson Carrie | Sell | 3.78K | — | — |
| 2026-03-01 | Johnson Carrie | Sell | 2.23K | — | — |
| 2026-03-01 | BRADFORD NEIL | Sell | 197 | $5.98 | 1.18K |
| 2026-03-01 | Leaver Sharyn | Buy | 4.07K | — | — |
| 2026-03-01 | Leaver Sharyn | Sell | 1.37K | $5.98 | 8.21K |
| 2026-03-01 | Leaver Sharyn | Sell | 2.46K | — | — |
| 2026-03-01 | Leaver Sharyn | Sell | 1.61K | — | — |
| 2026-03-01 | Darrah Ryan | Buy | 3.45K | — | — |
| 2026-03-01 | Darrah Ryan | Sell | 1.47K | $5.98 | 8.78K |
| 2026-03-01 | Darrah Ryan | Sell | 2.08K | — | — |
| 2026-03-01 | Darrah Ryan | Sell | 1.36K | — | — |
| 2026-03-01 | Cox Andrew | Buy | 190 | — | — |
| 2026-03-01 | Cox Andrew | Sell | 75 | $5.98 | 449 |
| 2026-03-01 | Cox Andrew | Sell | 190 | — | — |
| 2026-03-01 | Favre Christophe | Buy | 408 | — | — |
| 2026-03-01 | Favre Christophe | Sell | 196 | $5.98 | 1.17K |
| 2026-03-01 | Favre Christophe | Sell | 408 | — | — |
| 2026-03-01 | Facemire Michael | Buy | 288 | — | — |
| 2026-03-01 | Facemire Michael | Sell | 136 | $5.98 | 813 |
| 2026-03-01 | Facemire Michael | Sell | 98 | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 99, holders -4 vs prior quarter. Ownership 56.74%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| PORTOLAN CAPITAL MANAGEMENT, LLC | 1.62M | 82.65K | +5.36% | 13.66M |
| NANTAHALA CAPITAL MANAGEMENT, LLC | 763.45K | 69.02K | +9.94% | 6.42M |
| TIETON CAPITAL MANAGEMENT, LLC | 757.48K | 198.44K | +35.50% | 6.37M |
| FIRST MANHATTAN CO. LLC. | 750.00K | 0 | 0.00% | 6.31M |
| PACIFIC RIDGE CAPITAL PARTNERS, LLC | 705.34K | -5.50K | -0.77% | 5.93M |
| VANGUARD CAPITAL MANAGEMENT LLC | 500.39K | 13.47K | +2.77% | 4.21M |
| ACADIAN ASSET MANAGEMENT LLC | 429.61K | 6.27K | +1.48% | 3.61M |
| RENAISSANCE TECHNOLOGIES LLC | 418.21K | -18.50K | -4.24% | 3.52M |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 366.69K | -16.90K | -4.41% | 3.08M |
| AQR CAPITAL MANAGEMENT LLC | 357.67K | 171.74K | +92.37% | 3.01M |
| QUANTINNO CAPITAL MANAGEMENT LP | 289.19K | 65.11K | +29.06% | 2.43M |
| BLACKROCK, INC. | 270.11K | -637.27K | -70.23% | 2.27M |
| ANCORA ADVISORS LLC | 269.89K | 269.89K | New | 2.27M |
| ARROWMARK COLORADO HOLDINGS LLC | 231.81K | -241.14K | -50.99% | 1.95M |
| DIMENSIONAL FUND ADVISORS LP | 211.96K | -54.43K | -20.43% | 1.78M |
| SEI INVESTMENTS CO | 200.41K | -84.02K | -29.54% | 1.69M |
| RUSSELL INVESTMENTS GROUP, LTD. | 199.01K | 194.28K | +4110.11% | 1.67M |
| GEODE CAPITAL MANAGEMENT, LLC | 169.09K | -147.70K | -46.62% | 1.42M |
| JANE STREET GROUP, LLC | 168.33K | 81.99K | +94.96% | 1.42M |
| MORGAN STANLEY | 163.79K | 61.72K | +60.46% | 1.38M |
| TWO SIGMA INVESTMENTS, LP | 132.20K | 30.60K | +30.12% | 1.11M |
| NIERENBERG INVESTMENT MANAGEMENT COMPANY, LLC | 131.11K | 0 | 0.00% | 1.10M |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 123.62K | -27.24K | -18.06% | 1.04M |
| KESTREL INVESTMENT MANAGEMENT CORP | 91.50K | 0 | 0.00% | 769.51K |
| TREXQUANT INVESTMENT LP | 76.92K | 43.30K | +128.78% | 646.86K |
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