Green Brick Partners, Inc. (GRBK)
| Market Cap | 2.47B |
| Revenue (ttm) | 1.78B |
| Net Income (ttm) | 284.63M |
| Shares Out | 44.97M |
| EPS (ttm) | 6.14 |
| PE Ratio | 9.06 |
| Forward PE | 7.97 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 74,171 |
| Open | 55.68 |
| Previous Close | 56.26 |
| Day's Range | 54.85 - 56.15 |
| 52-Week Range | 35.62 - 61.62 |
| Beta | 1.72 |
| Analysts | Hold |
| Price Target | 52.00 (-5.2%) |
| Earnings Date | May 1, 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, GRBK's revenue was $1.78 billion, an increase of 1.13% compared to the previous year's $1.76 billion. Earnings were $284.63 million, a decrease of -2.49%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for GRBK stock is "Hold." The 12-month stock price forecast is $52.0, which is a decrease of -5.20% from the latest price.
News
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...
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...
Green Brick Partners, Inc. Reports Fourth Quarter and Full Year 2023 Results
PLANO, Texas--(BUSINESS WIRE)--Green Brick Partners, Inc. (NYSE: GRBK) (“we,” “Green Brick” or the “Company”), today reported results for its fourth quarter ended December 31, 2023. Green Brick finish...
Green Brick Partners, Inc. and Hersh Family Investments Announce Rainwater Crossing, a New Joint Venture Community in Celina, Texas
PLANO, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. ("Green Brick"), the third largest homebuilder in Dallas-Fort Worth, and Hersh Family Investments ("HFI") are excited to anno...
Normandy Homes Partners with Operation Finally Home to Deliver Mortgage-Free Home for Veteran in Celina, Texas
PLANO, Texas, Feb. 13, 2024 (GLOBE NEWSWIRE) -- U.S. Marine Corps Corporal Neftali “Nef” Mendoza and his family received the keys to their newly completed and personalized home in Celina, Texas during...
Green Brick Partners, Inc. Receives Platinum Safety Partner Award from Texas Mutual
PLANO, Texas, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (NYSE: GRBK) (the “Company” or “Green Brick”), one of Fortune Magazine's fastest growing companies in 2022 and its fastest gr...
The Providence Group Joins Again with St. Jude Children's Research Hospital to Build the Atlanta 2024 St. Jude Dream Home
ATLANTA, Dec. 07, 2023 (GLOBE NEWSWIRE) -- The Providence Group, a premier developer and homebuilder of award-winning neighborhoods throughout Atlanta, is partnering for the second time with St. Jude ...
Southgate Homes opens new luxury communities in Allen and McKinney, Texas
DALLAS, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Southgate Homes, a premier luxury homebuilder in Dallas-Fort Worth, recently released a lineup of fresh new floorplans in The Reserve at Watters in Allen and ...
David Einhorn's Greenlight Capital snaps up gold as it cuts stake in top two holdings
David Einhorn's Greenlight Capital cut its stakes in its top two holdings, U.S. housebuilder Green Brick Partners and Pennsylvania coal miner Consol Energy , and instead plowed millions into gold in t...
Green Brick Partners, Inc. Reports Third Quarter 2023 Results
HOMEBUILDING GROSS MARGIN 33.3% , RECORD HIGH IN COMPANY HISTORY Q3 DILUTED EPS OF $1.56 AND $4.55 YEAR-TO-DATE NEW HOME ORDERS UP 95.0% FOR THE QUARTER AND 72.7% YEAR-TO-DATE BACKLOG UP 10.4% YOY AND...
Green Brick Partners, Inc. Announces Promotion of Jed Dolson to President
PLANO, Texas, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (NYSE: GRBK) (the “Company” or “Green Brick”) today announced the promotion of Jed Dolson to President and Chief Operating Of...
The Providence Group Built the First Ever St. Jude Dream Home in Atlanta, GA
ATLANTA, Oct. 30, 2023 (GLOBE NEWSWIRE) -- The Providence Group, one of Atlanta's most respected homebuilders, is honored to have been selected by St. Jude Children's Research Hospital to participate ...
Green Brick Partners, Inc. and Century Communities Announce New Land Acquisition in Austin, Texas
AUSTIN, Texas, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Green Brick Partners and Century Communities today announced a new joint development project in Austin, Texas. The two companies have purchased approxi...
Green Brick Partners, Inc. Announces New Land Acquisition in Vero Beach, FL
PLANO, Texas, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (NYSE: GRBK) (the “Company” or “Green Brick”), one of Fortune Magazine's fastest growing companies in 2022 and its fastest gr...
Green Brick Partners, Inc. Announces Its New Corporate Headquarters at Legacy in Plano, Texas
PLANO, Texas, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (NYSE: GRBK) (the “Company” or “Green Brick”), one of Fortune Magazine's fastest growing companies in 2022 and its fastest gr...
Elgin, Texas has new residential community opening with Trophy Signature Homes
AUSTIN, Texas, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Trophy Signature Homes, a subsidiary of Green Brick Partners, Inc., NYSE symbol GRBK, offers entry-level homes at the new Trinity Ranch community in E...
Green Brick Partners Announces Pricing of Secondary Offering of Shares of Common Stock by Selling Stockholder
PLANO, Texas, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (NYSE: GRBK) (“Green Brick,” or the “Company”), a leading national homebuilder and land development company, today announced...
Green Brick Partners Announces Launch of Secondary Offering of Shares of Common Stock by Selling Stockholder
PLANO, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (NYSE: GRBK) (“Green Brick,” or the “Company”), a leading national homebuilder and land development company, today announced...
Green Brick Partners, Inc. Reports Second Quarter 2023 Results
NEW HOME ORDERS UP 50.8% FOR THE QUARTER AND 64.8% YEAR-TO-DATE RESIDENTIAL UNITS REVENUE OF $454.4 MILLION, SECOND HIGHEST IN COMPANY HISTORY HOMEBUILDING GROSS MARGIN 31.3% , UP 370 BPS SEQUENTIALLY...
Housing Demand Gives Home Builders a Solid Foundation for More Gains
Home-builder stocks D.R. Horton, Lennar, and NVR are up between 29% and 33% this year, well above the S&P 500's 13% gain.
2 Outstanding Stocks in David Einhorn's Portfolio
David Einhorn (Trades, Portfolio) is a legendary value investor and the founder of Greenlight Capital, an investment firm that reported ~$1.84 billion in 13F holdings as of its latest portfolio update...
Southgate Homes recognized 8 years in a row as one of D Home's Best Home Builders in Dallas
DALLAS, TX, May 16, 2023 (GLOBE NEWSWIRE) -- Southgate Homes, a premier luxury homebuilder in Dallas-Fort Worth, was recognized for the 8th consecutive year as one of D Home's best homebuilders in Dal...
Green Brick Partners, Inc. Reports Fourth Quarter and Full Year 2022 Results
RECORD HOME CLOSINGS REVENUE FOR ANY Q4 OF $428.6 MILLION RECORD GROSS PROFIT FOR ANY Q4 OF $112.4 MILLION DEBT TO TOTAL CAPITAL FELL TO 25.7% AVERAGE PRICE OF Q4 HOMES CLOSED OF $589.5K , UP 15.7% Q4...
3 investments David Einhorn believe will pay off big in the future
David Einhorn needs no introduction as he is one of Wall Street's most famous investors. He is not afraid of making bold calls, and the hedge fund he manages, Greenlight Capital, has about $1.4 billio...
The Providence Group Awarded Two OBIE Awards
ATLANTA, Nov. 15, 2022 (GLOBE NEWSWIRE) -- The Providence Group, one of Atlanta's most respected homebuilders, was honored with two “Community of the Year” awards at the 42nd annual OBIE Award ceremon...