Green Brick Partners, Inc. (GRBK)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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 ...
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...
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 ...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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, ...
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 ...
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...
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 ...
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...
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...
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...
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...