Green Brick Partners, Inc. (GRBK)

NYSE: GRBK · Real-Time Price · USD
57.63
+0.94 (1.66%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.66%
Market Cap 2.56B
Revenue (ttm) 1.98B
Net Income (ttm) 347.92M
Shares Out 44.50M
EPS (ttm) 7.71
PE Ratio 7.48
Forward PE 7.24
Dividend n/a
Ex-Dividend Date n/a
Volume 324,353
Open 56.21
Previous Close 56.69
Day's Range 56.21 - 58.39
52-Week Range 48.38 - 84.66
Beta 1.80
Analysts Hold
Price Target 65.50 (+13.66%)
Earnings Date Oct 30, 2024

About GRBK

Green Brick Partners, Inc. is a diversified homebuilding and land development company in the United States. The company operates through three segments: Builder operations Central, Builder operations Southeast, and Land Development. The Builder operations Central segment operates builders in Texas; and the closing and delivery of homes. The Builder operations Southeast operates builders in Georgia and Florida. The Land Development segment acquires land for the development of residential lots that are transferred to our controlled builders or so... [Read more]

Founded 2006
Employees 600
Stock Exchange NYSE
Ticker Symbol GRBK
Full Company Profile

Financial Performance

In 2023, Green Brick Partners's revenue was $1.78 billion, an increase of 1.13% compared to the previous year's $1.76 billion. Earnings were $281.75 million, a decrease of -2.52%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for GRBK stock is "Hold." The 12-month stock price forecast is $65.5, which is an increase of 13.66% from the latest price.

Price Target
$65.5
(13.66% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Green Brick Partners, Inc. Appoints Elizabeth K. Blake as Lead Independent Director

PLANO, Texas--(BUSINESS WIRE)--Green Brick Partners, Inc. (NYSE: GRBK) (“Green Brick” or the “Company”), the third largest homebuilder in Dallas-Fort Worth, and one of Fortune Magazine's fastest growi...

16 days ago - Business Wire

Normandy Homes and CB JENI Homes Announce the Launch of Hazelwood, a Premier Community in Frisco, TX

PLANO, Texas--(BUSINESS WIRE)--Normandy Homes and CB JENI Homes, subsidiaries of Green Brick Partners, Inc. (NYSE: GRBK), are proud to announce the opening of Hazelwood, an exciting new community loca...

18 days ago - Business Wire

Green Brick Partners, Inc. (GRBK) Q3 2024 Earnings Call Transcript

Green Brick Partners, Inc. (NYSE:GRBK) Q3 2024 Earnings Conference Call October 31, 2024 12:00 PM ET Company Participants Rick Costello – Chief Financial Officer Jim Brickman – Co-Founder and Chief E...

7 weeks ago - Seeking Alpha

Southgate Homes Unveils New Design Studio for Luxury Buyers

PLANO, Texas--(BUSINESS WIRE)--Southgate Homes, a subsidiary of Green Brick Partners, Inc. (NYSE: GRBK), is proud to announce the opening of its cutting-edge Design Studio, offering over 3,000 square ...

7 weeks ago - Business Wire

Green Brick Partners, Inc. Reports Record Third Quarter 2024 Results

PLANO, Texas--(BUSINESS WIRE)--Green Brick Partners, Inc. (NYSE: GRBK) (“we,” “Green Brick” or the “Company”), today reported record results for its third quarter ended September 30, 2024. “We are ple...

7 weeks ago - Business Wire

Homebuilders to Expand into Hutto

HUTTO, Texas--(BUSINESS WIRE)--Trophy Signature Homes, a subsidiary of Green Brick Partners, Inc. (NYSE: GRBK), and Meritage Homes (NYSE:MTH) are excited to announce the new Prairie Winds residential ...

Other symbols: MTH
7 weeks ago - Business Wire

Green Brick Partners: Optimism Ahead As Industry Signals Improve

Green Brick Partners, Inc. has achieved great growth in the tailwind-aided home building industry. The land development strategy has brought a great competitive advantage during higher interest rates,...

2 months ago - Seeking Alpha

Green Brick Partners, Inc. Announces Dates For 8-K Filing and Earnings Call

PLANO, Texas--(BUSINESS WIRE)--Green Brick Partners, Inc. (NYSE: GRBK) (the “Company” or “Green Brick”), the third largest homebuilder in Dallas-Fort Worth, and one of Fortune Magazine's fastest growi...

2 months ago - Business Wire

Top 5 Stocks To Buy For The First Fed Rate Cut

The Federal Reserve cut interest rates for the first time in four years on Wednesday, signaling confidence that inflation was finally low enough to reverse its course. Homebuilders, Tech, and Financia...

Other symbols: APPMHOWFZETA
3 months ago - Seeking Alpha

Fall Into Profits: Top 10 Stocks For A September Dip

September is a historically challenging month for equity markets. Upcoming events on the economic calendar, inflation hysteria, and the November election could amplify the seasonal volatility in marke...

3 months ago - Seeking Alpha

The Providence Group Named One of the Best Places to Work in Atlanta

ATLANTA--(BUSINESS WIRE)--The Providence Group, a subsidiary of Green Brick Partners, Inc. (NYSE: GRBK) and the premier developer and homebuilder of award-winning neighborhoods throughout Atlanta, has...

3 months ago - Business Wire

Market Place: A New Master-planned Residential Neighborhood by The Providence Group to Begin Development in Cumming, GA

CUMMING, Ga.--(BUSINESS WIRE)--The Providence Group, a subsidiary of Green Brick Partners, Inc. (NYSE: GRBK), and a highly respected top ten builder in Atlanta, announced today the acquisition of a 93...

4 months ago - Business Wire

Green Brick Partners, Inc. Reports Record Second Quarter 2024 Results

PLANO, Texas--(BUSINESS WIRE)--Green Brick Partners, Inc. (NYSE: GRBK) (“we,” “Green Brick” or the “Company”), today reported record results for its second quarter ended June 30, 2024. “Our business m...

5 months ago - Business Wire

Discover the Future of Home Living: New Model Homes Open at Trails of Lavon by Trophy Signature Homes

LAVON, Texas--(BUSINESS WIRE)--Trophy Signature Homes, a subsidiary of Green Brick Partners, Inc. (NYSE: GRBK), is thrilled to announce the grand opening of their stunning new model homes at Trails of...

5 months ago - Business Wire

Trophy Signature Homes Addresses DFW Housing Demand with New Windmore Community in Princeton, Texas

PRINCETON, Texas--(BUSINESS WIRE)--In response to the significant housing demand in the Dallas/Fort Worth area, Trophy Signature Homes, a subsidiary of Green Brick Partners, Inc. (NYSE: GRBK), proudly...

5 months ago - Business Wire

Ragsdale Ranch: A New Community that Blends Local Aesthetics with Modern Home Architecture

GEORGETOWN, Texas--(BUSINESS WIRE)--Trophy Signature Homes, a subsidiary of Green Brick Partners, Inc. (NYSE: GRBK), the third largest homebuilder in Dallas-Fort Worth, is excited to announce the upco...

6 months ago - Business Wire

The Providence Group Unveils New Model Home in Grant Park, Atlanta's #1 Selling Condominium Community

ATLANTA--(BUSINESS WIRE)--The Providence Group, the premier developer and homebuilder of award-winning neighborhoods throughout Atlanta, announces re-grand opening at Grant Place condominium community...

6 months ago - Business Wire

Lakeside at Tessera Taps Trophy Signature Homes for Community Expansion

LAGO VISTA, Texas--(BUSINESS WIRE)--Developers at Lakeside at Tessera, a community in the beautiful Texas Hill Country located along the north shores of Lake Travis, announced Trophy Signature Homes, ...

6 months ago - Business Wire

Atlanta St. Jude Dream Home Tickets Went on Sale on May 16, 2024

ATLANTA--(BUSINESS WIRE)--The Providence Group, the premier developer and homebuilder of award-winning neighborhoods throughout Atlanta, announces tickets are on sale for the 2024 St. Jude Dream Home ...

7 months ago - Business Wire

Home builders' stocks have soared since we said they were cheap. These five are expected to grow profits rapidly through 2025.

Back in October, we published a list of 17 home-builder stocks and showed that the group was trading cheaply on a forward price-to-earnings basis when compared with the S&P 500, and also when compared...

Other symbols: NVRCCSLGIHTPH
8 months ago - Market Watch

Green Brick Partners, Inc. (GRBK) Q1 2024 Earnings Call Transcript

Green Brick Partners, Inc. (NYSE:GRBK) Q1 2024 Earnings Conference Call May 2, 2024 12:00 PM ET Company Participants Richard Costello - CFO James Brickman - Co-Founder and CEO Jed Dolson - President ...

8 months ago - Seeking Alpha

Green Brick Partners, Inc. Reports Record First Quarter 2024 Results

PLANO, Texas--(BUSINESS WIRE)--Green Brick Partners, Inc. (NYSE: GRBK) (“we,” “Green Brick” or the “Company”) today reported record results for its first quarter ended March 31, 2024. “Green Brick kic...

8 months ago - Business Wire

Riviera Pines: A New Residential Community Coming to the Grand Parkway of Houston

HUFFMAN, Texas--(BUSINESS WIRE)--Meritage Homes, the fifth-largest public homebuilder in the U.S., and Trophy Signature Homes, a subsidiary of Green Brick Partners, Inc. (NYSE: GRBK), the third larges...

9 months ago - Business Wire

Rise Of The Rest, Look Past Mega Caps, And Invest Elsewhere

The rate of rise for big-cap tech stocks is slowing down or losing altitude, suggesting it may not be the best time to invest in them. The economy is growing, inflation is under control, and the Fed i...

9 months ago - Seeking Alpha

Green Brick Offers Low P/E, Growth Prospects Even In Down Market

Green Brick Partners is a Texas-centric homebuilding and land development company that has broken new records in the most recent quarter and fiscal year. They have a strong presence in Dallas-Fort Wor...

9 months ago - Seeking Alpha