Green Brick Partners, Inc. operates as a homebuilding and land development company in the United States. It operates in three segments: Builder operations Central, Builder operations Southeast, and Land development. The company is involved in the land acquisition and development, entitlements, design, construction, title and mortgage services, marketing, and sale of townhomes, patio homes, single family homes, and luxury semi-custom homes in residential neighborhoods and master planned communities; development and sale of lots; and land and construction financing business. It owns or controls approximately 14,500 home sites in Dallas-Forth Worth, Atlanta metropolitan areas, and the Treasure Coast, Florida market. The company sells its homes through sales representatives and independent real estate brokers. Green Brick Partners, Inc. was incorporated in 2006 and is based in Plano, Texas.
IPO Year: 2021
Exchange: NASDAQ
Website: greenbrickpartners.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/26/2023 | $62.00 | Buy → Neutral | B. Riley Securities |
| 5/4/2023 | $30.00 → $48.00 | Neutral → Buy | B. Riley Securities |
| 11/22/2022 | $19.50 → $26.50 | Underweight → Neutral | JP Morgan |
| 8/19/2022 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 8/8/2022 | $26.00 | Outperform → Neutral | Wedbush |
| 6/16/2022 | $25.00 → $23.00 | Buy → Neutral | B. Riley Securities |
| 3/10/2022 | $26.50 → $20.00 | Neutral → Underweight | JP Morgan |
| 12/6/2021 | $33.00 | Outperform | Wedbush |
| 10/14/2021 | $32.00 → $28.00 | Overweight → Neutral | JP Morgan |
4 - Green Brick Partners, Inc. (0001373670) (Issuer)
4 - Green Brick Partners, Inc. (0001373670) (Issuer)
4 - Green Brick Partners, Inc. (0001373670) (Issuer)
4 - Green Brick Partners, Inc. (0001373670) (Issuer)
4 - Green Brick Partners, Inc. (0001373670) (Issuer)
4 - Green Brick Partners, Inc. (0001373670) (Issuer)
4 - Green Brick Partners, Inc. (0001373670) (Issuer)
4 - Green Brick Partners, Inc. (0001373670) (Issuer)
4 - Green Brick Partners, Inc. (0001373670) (Issuer)
4 - Green Brick Partners, Inc. (0001373670) (Issuer)
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10-Q - Green Brick Partners, Inc. (0001373670) (Filer)
8-K - Green Brick Partners, Inc. (0001373670) (Filer)
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10-Q - Green Brick Partners, Inc. (0001373670) (Filer)
8-K - Green Brick Partners, Inc. (0001373670) (Filer)
8-K - Green Brick Partners, Inc. (0001373670) (Filer)
10-Q - Green Brick Partners, Inc. (0001373670) (Filer)
8-K - Green Brick Partners, Inc. (0001373670) (Filer)
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PLANO, Texas, April 19, 2022 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (NYSE:GRBK) (the "Company" or "Green Brick"), Fortune Magazine's top 20 fastest-growing company of 2021 and its fastest-growing public homebuilder, announced today that it has appointed Lila Manassa Murphy, CFA as a new independent director to the Green Brick Partners Board of Directors. Ms. Manassa Murphy will be filling a newly added seat on the GRBK Board. Since May 2021, Ms. Lila Manassa Murphy has served as EVP and Chief Financial Officer of Dundee Corporation, a public Canadian independent holding company, focused on holding and managing investments in the mining, energy, natural resources, agriculture, and
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 feet of exquisite space dedicated exclusively to its luxury buyers. Southgate Homes, known for its award-winning architecture and quality craftsmanship, created this new studio to elevate the home buying experience and allow buyers to immerse themselves in a world of endless design possibilities. From sophisticated finishes to premium materials, the studio offers an extensive selection of options and colors to inspire even the most discerning tastes. "We are delighted to offer our luxury buyers an extraordinary Design Studi
HOME CLOSINGS REVENUE OF $523M, A RECORD FOR ANY THIRD QUARTER, UP 25.7% YOY DILUTED EPS OF $1.98, A RECORD FOR ANY THIRD QUARTER, UP 26.9% YOY NET NEW HOME ORDERS OF 877, A RECORD FOR ANY THIRD QUARTER, UP 11.3% YOY DEBT TO TOTAL CAPITAL OF 16.4%; NET DEBT TO TOTAL CAPITAL OF 12.5% 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 pleased to report that we completed our best third quarter in history, highlighted by 25.7% home closings revenues growth year-over-year. During the third quarter, we delivered 956 homes with an average selling price of $546,900, bringing total
Prairie Winds to meet growing demand for homes in one of Austin's fastest growing suburbs 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 community, located off of CR 1660 and Limmer Loop, and opening in Q1 2025. This highly anticipated development will feature 1,093 homesites and offer a range of beautiful homes designed to suit first-time homebuyers and growing families alike. With a blend of modern design and sustainable building practices, Trophy Signature Homes is scheduled to build its Trophy, Gem, and Texas Tree series in Prairie Winds. Trophy Signature Homes will
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 growing companies in 2023 and its fastest growing public homebuilder, announced that it will release its financial results for the third quarter ended September 30th, 2024, after the market closes on October 30th, 2024. Jim Brickman, Green Brick's CEO, will host an earnings conference call to discuss its results at 12:00 p.m. Eastern Time on Thursday, October 31st, 2024. The call will be webcast on the Company's website Investors.greenbrickpartners.com. To participate in the live telephone conference call: Domestic toll-
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 acre tract in Cumming, which is within minutes of Georgia 400 and Cumming City Center. This community will be the third venture by The Providence Group in this fast-growing, highly sought-after market. The gated community will include a blend of home designs across 444 homesites at prices expected to range from the mid $500's to the high $800's. The Providence Group will feature traditional single family homes offering both alley entry and front entry designs on 244 homesites. Additionally, the community will include 200
Record Home Closings Revenue of $547M, Up 20.4% YOY Record Homebuilding Gross Margin of 34.5%, Up 320 BPS YOY Record Diluted EPS of $2.32, Up 42.3% YOY Net New Home Orders of 855, Up 4.0% YOY Debt to Total Capital of 17.7%; Net Debt to Total Capital of 10.9% 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 model continued to demonstrate its strength and enabled us to deliver record results for any quarter. In the second quarter of 2024, home closings revenue totaled $546.9 million, a record that reflects growth of 20.4% year-over-year as we closed a record 987 un
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 growing companies in 2023 and its fastest growing public homebuilder, announced that it will release its financial results for the second quarter ended June 30th, 2024, after the market closes on July 31st, 2024. Jim Brickman, Green Brick's CEO, will host an earnings conference call to discuss its results at 12:00 p.m. Eastern Time on Thursday, August 1st, 2024. The call will be webcast on the Company's website Investors.greenbrickpartners.com. To participate in the live telephone conference call: Domestic toll-free di
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 Lavon in Lavon, Texas. This highly anticipated event will take place on July 12th, 2024 from 10am – 6pm. What: Grand opening of Trophy Signature Homes' 2 new model homes Where: Trails of Lavon, Lavon, Texas. This new development is easily accessible off Highway 78, poised to become a key residential area in the Dallas/Fort Worth region. When: Friday, July 12, 2024 from 10am – 6pm Why: This event is an opportunity for prospective homebuyers, real estate professionals, and media representatives to explore the latest in
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 announces the grand opening of its latest community, Windmore, in Princeton, Texas. The DFW area is experiencing a surge in housing needs, particularly among millennials looking to purchase their first homes and growing families seeking more space. Windmore is designed to meet this demand by offering affordable, energy-efficient homes. "Our new Windmore community addresses the critical housing shortage in the Dallas/Fort Worth area," said Jed Dolson, President of Trophy Signature Homes. "Millennials are eager to buy their fi
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 upcoming development of Ragsdale Ranch, a 1,161-home master-planned community situated on a historic ranch in Georgetown, Texas. Spanning 335.84 acres, Ragsdale Ranch will seamlessly blend the charm of local aesthetics with contemporary modern Texas hill country architecture, offering residents resort-style amenities and stunning views. Georgetown is consistently recognized as one of the fastest-growing cities in the U.S., attracting families with its expansive park systems, family-friendly festivals, and scenic natural landscapes
4 - Green Brick Partners, Inc. (0001373670) (Issuer)
4 - Green Brick Partners, Inc. (0001373670) (Issuer)
4 - Green Brick Partners, Inc. (0001373670) (Issuer)
4/A - Green Brick Partners, Inc. (0001373670) (Issuer)
B. Riley Securities downgraded Green Brick Partners from Buy to Neutral and set a new price target of $62.00
B. Riley Securities upgraded Green Brick Partners from Neutral to Buy and set a new price target of $48.00 from $30.00 previously
JP Morgan upgraded Green Brick Partners from Underweight to Neutral and set a new price target of $26.50 from $19.50 previously
JMP Securities downgraded Green Brick Partners from Mkt Outperform to Mkt Perform
Wedbush downgraded Green Brick Partners from Outperform to Neutral and set a new price target of $26.00
B. Riley Securities downgraded Green Brick Partners from Buy to Neutral and set a new price target of $23.00 from $25.00 previously
JP Morgan downgraded Green Brick Partners from Neutral to Underweight and set a new price target of $20.00 from $26.50 previously
Wedbush initiated coverage of Green Brick Partners with a rating of Outperform and set a new price target of $33.00
JP Morgan downgraded Green Brick Partners from Overweight to Neutral and set a new price target of $28.00 from $32.00 previously
B. Riley resumed coverage of Green Brick Partners with a rating of Buy and set a new price target of $31.00 from $29.00 previously
HOME CLOSINGS REVENUE OF $523M, A RECORD FOR ANY THIRD QUARTER, UP 25.7% YOY DILUTED EPS OF $1.98, A RECORD FOR ANY THIRD QUARTER, UP 26.9% YOY NET NEW HOME ORDERS OF 877, A RECORD FOR ANY THIRD QUARTER, UP 11.3% YOY DEBT TO TOTAL CAPITAL OF 16.4%; NET DEBT TO TOTAL CAPITAL OF 12.5% 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 pleased to report that we completed our best third quarter in history, highlighted by 25.7% home closings revenues growth year-over-year. During the third quarter, we delivered 956 homes with an average selling price of $546,900, bringing total
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 growing companies in 2023 and its fastest growing public homebuilder, announced that it will release its financial results for the third quarter ended September 30th, 2024, after the market closes on October 30th, 2024. Jim Brickman, Green Brick's CEO, will host an earnings conference call to discuss its results at 12:00 p.m. Eastern Time on Thursday, October 31st, 2024. The call will be webcast on the Company's website Investors.greenbrickpartners.com. To participate in the live telephone conference call: Domestic toll-
Record Home Closings Revenue of $547M, Up 20.4% YOY Record Homebuilding Gross Margin of 34.5%, Up 320 BPS YOY Record Diluted EPS of $2.32, Up 42.3% YOY Net New Home Orders of 855, Up 4.0% YOY Debt to Total Capital of 17.7%; Net Debt to Total Capital of 10.9% 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 model continued to demonstrate its strength and enabled us to deliver record results for any quarter. In the second quarter of 2024, home closings revenue totaled $546.9 million, a record that reflects growth of 20.4% year-over-year as we closed a record 987 un
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 growing companies in 2023 and its fastest growing public homebuilder, announced that it will release its financial results for the second quarter ended June 30th, 2024, after the market closes on July 31st, 2024. Jim Brickman, Green Brick's CEO, will host an earnings conference call to discuss its results at 12:00 p.m. Eastern Time on Thursday, August 1st, 2024. The call will be webcast on the Company's website Investors.greenbrickpartners.com. To participate in the live telephone conference call: Domestic toll-free di
DILUTED EPS OF $1.82, A RECORD FOR ANY FIRST QUARTER, UP 32.8% RECORD HOMEBUILDING GROSS MARGIN OF 33.4%, UP 580 BASIS POINTS NET NEW HOME ORDERS OF 1,071, FLAT YOY AND UP 58% SEQUENTIALLY BACKLOG OF $725 MILLION, UP 31.8% YOY DEBT TO TOTAL CAPITAL OF 18.3%; NET DEBT TO TOTAL CAPITAL OF 8.2% 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 kicked off 2024 with excellent first quarter results highlighted by diluted earnings per share of $1.82, a record for any first quarter and an increase of 32.8% year-over-year. I am extremely proud of our teams being able to deli
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 growing companies in 2023 and its fastest growing public homebuilder, announced that it will release its financial results for the first quarter ended March 31st, 2024, after the market closes on Wednesday, May 1st, 2024. Jim Brickman, Green Brick's CEO, will host an earnings conference call to discuss its results at 12:00 p.m. Eastern Time on Thursday, May 2nd, 2024. The call will be webcast on the Company's website Investors.greenbrickpartners.com. To participate in the live telephone conference call: Domestic toll-fre
EXPANSION INTO HOUSTON, TEXAS Q4 HOMEBUILDING GROSS MARGIN OF 31.4%, UP 520 BPS YOY Q4 DILUTED EPS OF $1.58, UP 33.9% YOY RECORD HIGH FULL YEAR DILUTED EPS OF $6.14 NET NEW HOME ORDERS UP 60.5% FOR THE QUARTER AND 70.1% YOY DEBT TO TOTAL CAPITAL OF 21.1%; NET DEBT TO TOTAL CAPITAL OF 11.4% 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 finished 2023 with a record $6.14 diluted EPS and record total revenues of $1.8 billion. "For the fourth quarter, we delivered a record 825 homes, an increase of 13.5% due to shorter construction cycle times and strong demand. Our
PLANO, Texas, Feb. 08, 2024 (GLOBE NEWSWIRE) -- 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 growing companies in 2022 and its fastest growing public homebuilder, announced that it will release its financial results for the fourth quarter ended December 31st, 2023, after the market closes on Thursday, February 29th, 2024. Jim Brickman, Green Brick's CEO, will host an earnings conference call to discuss its results at 12:00 p.m. Eastern Time on Friday, March 1st, 2024. The call will be webcast on the Company's website Investors.greenbrickpartners.com. To participate in the l
HOMEBUILDING GROSS MARGIN 33.3%, RECORD HIGH IN COMPANY HISTORYQ3 DILUTED EPS OF $1.56 AND $4.55 YEAR-TO-DATENEW HOME ORDERS UP 95.0% FOR THE QUARTER AND 72.7% YEAR-TO-DATEBACKLOG UP 10.4% YOY AND 68.7% FROM END OF 2022DEBT TO TOTAL CAPITAL OF 21.8%; NET DEBT TO TOTAL CAPITAL OF 9.0% PLANO, Texas, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (NYSE:GRBK) ("we," "Green Brick" or the "Company") today reported results for its third quarter ended September 30, 2023. "Green Brick produced another outstanding quarter, highlighted by our $1.56 EPS and by gross margins and sales orders far outperforming the market. Benefiting from a more normalized supply chain, lower construction
PLANO, Texas, Oct. 10, 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 growing public homebuilder, announced that it will release its financial results for the third quarter ended September 30th, 2023, after the market closes on Tuesday, October 31st, 2023. Jim Brickman, Green Brick's CEO, will host an earnings conference call to discuss its results at 12:00 p.m. Eastern Time on Wednesday, November 1st, 2023. The call will be webcast on the Company's website Investors.greenbrickpartners.com. To participate in the live telephone conference call: Domestic toll-free
B. Riley Securities analyst Alex Rygiel maintains Green Brick Partners (NYSE:GRBK) with a Neutral and raises the price target from $59 to $62.
Wedbush analyst Jay McCanless maintains Green Brick Partners (NYSE:GRBK) with a Neutral and raises the price target from $49 to $53.
Wedbush analyst Jay McCanless reiterates Green Brick Partners (NYSE:GRBK) with a Neutral and maintains $49 price target.
Green Brick Partners (NYSE:GRBK) reported quarterly earnings of $1.82 per share which beat the analyst consensus estimate of $1.51 by 20.53 percent. This is a 32.85 percent increase over earnings of $1.37 per share from the same period last year. The company reported quarterly sales of $447.338 million which beat the analyst consensus estimate of $439.986 million by 1.67 percent. This is a 1.04 percent decrease over sales of $452.061 million the same period last year.
What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Below is a list of notable value stocks in the consumer cyclical sector: Applied UV (NASDAQ:AUVI) - P/E: 0.01 MarineMax (NYSE:HZO) - P/E: 8.14 Digital Brands Group (NASDAQ:DBGI) - P/E: 0.01 Green Brick Partners (NYSE:GRBK) - P/E: 8.44 Toll Brothers (NYSE:TOL) - P/E: 9.08 This q
B. Riley Securities analyst Alex Rygiel maintains Green Brick Partners (NYSE:GRBK) with a Neutral and raises the price target from $55 to $59.
Wedbush analyst Jay McCanless reiterates Green Brick Partners (NYSE:GRBK) with a Neutral and maintains $45 price target.
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