Green Brick Partners

Green Brick Partners, Inc. engages in residential land development and homebuilding. It operates through the following segments: Builder Operations Central, Builder Operations Southeast, and Land Development segments. The Builder Operations Central segment segment represents operations of its builders in Texas. The Builder Operations Southeast segment includes operations of builders in Georgia and Florida. The Land Development segment sells finished lots or option lots from third-party developers to their controlled builders for homebuilding operations and provides them with construction financing and strategic planning. The company was founded by James R. Brickman on April 11, 2006 and is headquartered in Plano, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Green Brick Partners reports record-breaking 2022 results and strategic growth

Green Brick Partners delivered exceptional results in 2022, marked by record home deliveries, revenue growth, and earnings per share. The company's strategic advantages, diverse product range, and strong sales momentum position it well for continued success.
While facing challenges such as a slight decline in net orders, Green Brick's focus on efficient inventory management and cost reduction strategies enhances its resilience. Opportunities lie in capitalizing on market momentum, leveraging strategic advantages, and optimizing operational efficiency.
Overall, Green Brick Partners' performance reflects a robust financial position, successful partnerships, and a prudent approach to market dynamics. The company's cautious optimism and focus on customer satisfaction underscore its commitment to sustainable growth and profitability.

Green Brick Partners achieves record Q1 results amidst market challenges

Green Brick Partners delivered exceptional first quarter results, showcasing robust sales performance, operational efficiency, and strong financial metrics.
With strategic advantages in high-growth markets and a focus on maintaining a strong balance sheet, the company is well-positioned to capitalize on market opportunities.
While facing challenges such as interest rate volatility, Green Brick Partners remains optimistic about its growth prospects and is prepared to navigate market uncertainties effectively.
Overall, Green Brick Partners' performance, strengths, and proactive approach to capital deployment position it for continued success and sustainable growth in the housing market.

Green Brick Partners (GRBK) posts strong Q2 earnings amidst delivery challenges

Green Brick Partners (GRBK) reported robust financial results in Q2 2023, driven by strong demand, increased margins, and strategic share repurchases. While facing challenges in home deliveries, the company's focus on operational efficiencies and market positioning presents opportunities for sustained growth and profitability.

Green Brick Partners excels in Q3 with record margins and strong demand

Green Brick Partners' Q3 2023 performance reflects robust growth, strong financial health, and a strategic focus on meeting evolving market demands.
While facing challenges such as market uncertainties and managing cancellation rates, the company's strengths in prime land opportunities and resilient sales orders position it well for future opportunities.
By leveraging its solid balance sheet, expanding active selling communities, and optimizing operational efficiency, Green Brick Partners can navigate challenges and capitalize on growth prospects in the real estate sector.

Green Brick Partners achieves record results in 2023, eyes strategic growth opportunities

Green Brick Partners delivered exceptional financial performance in 2023, driven by strong home closings revenue, margin growth, and increased net new orders. The company's strategic focus on quality backlog, operational efficiencies, and sustainable margins positions it well for future growth and expansion.

Green Brick Partners reports stellar Q1 performance and eyes strategic growth opportunities

Green Brick Partners excelled in Q1 2024, showcasing strong financial performance, operational efficiency, and strategic advantages. Despite market challenges, the company remains optimistic about sustaining a healthy housing market and is well-positioned for future growth and investment opportunities.

Green Brick Partners reports strong Q3 earnings and growth prospects

Green Brick Partners delivered robust financial results in Q3 2024, showcasing revenue growth, margin stability, and profitability improvements.
While facing challenges such as backlog value decline, the company's strong financial position, efficient operations, and growth prospects position it well for the future.
By leveraging its strengths in land strategy and financial management, Green Brick can navigate challenges, capitalize on opportunities, and drive sustained growth in the real estate market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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 Executive Officer Jed Dolson – President and Chief Operating Officer Conference Call Participants Alex Rygiel – B. Riley Carl Reichardt – BTIG Jay McCanless – Wedbush Operator Hello, everyone.

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

Although the revenue and EPS for Green Brick Partners (GRBK) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Green Brick Partners (GRBK) Reports Q3 Earnings: What Key Metrics Have to Say

Green Brick Partners (GRBK) came out with quarterly earnings of $1.98 per share, missing the Zacks Consensus Estimate of $2.08 per share. This compares to earnings of $1.56 per share a year ago.

Green Brick Partners (GRBK) Lags Q3 Earnings and Revenue Estimates

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 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. F.

Southgate Homes Unveils New Design Studio for Luxury Buyers

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 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 home closings revenues to $522.9 million. We continued to.

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

Meritage Homes

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 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.

Homebuilders to Expand into Hutto

GRBK's Q3 earnings are likely to have been aided by strong demand for new homes in its markets and acquisitions of land positions.

Green Brick Set to Report Q3 Earnings: Key Factors to Consider

Evaluate the expected performance of Green Brick Partners (GRBK) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Green Brick Partners (GRBK) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates

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, making the recent interest rate falls a double-edge sword for Green Brick Partners. The home building industry's near-term outlook has improved with several macroeconomic factors pushing a recovery. Green Brick Partners' Q3 should be aided further by a strong backlog.

Green Brick Partners: Optimism Ahead As Industry Signals Improve

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 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 it.

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

Forestar Group

Howard Hughes Holdings Inc

Interest rate cut and healthy demand for certain real estate categories poise Real Estate Development industry players like HHH, GRBK and FOR well for growth.

3 Real Estate Development Stocks to Consider as Fundamentals Rebound

David Einhorn has a penchant for picking stocks to short.

David Einhorn Is Betting 26% of His Money on Just One Stock

AppLovin Corp

M/I Homes

Woori Bank

Zeta Global Holdings Corp

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 Financials stand to benefit from the 50 bps cut, as cheaper financing can positively impact their cost structures and drive up consumer demand. Typically, the market falls the first week after the first rate cut. History has shown that in subsequent periods, the market rallies, presenting a potential buying opportunity.

Top 5 Stocks To Buy For The First Fed Rate Cut

Investors need to pay close attention to Green Brick Partners (GRBK) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Green Brick Partners (GRBK) Stock?

Abercrombie & Fitch

Blue Bird

General Motors

Kirby

Powell Industries

Royal Caribbean Cruises

SkyWest

Synchrony Financial

Taiwan Semiconductor Manufacturing

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 markets. SA Quant has identified 10 top “Strong Buy” Quant-rated stocks backed by positive factor grades that could be an opportunity to purchase on the dip during the September pullback. Consider SA's Quant Rating System, which offers powerful analytics to draw on stocks that are collectively attractive on valuation, growth, profitability, earnings strength, and relative momentum.

Fall Into Profits: Top 10 Stocks For A September Dip

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 been ranked #2 in 2024's Best Places to Work by The Atlanta Business Chronicle. “We are excited and proud to be recognized by The Atlanta Business Chronicle for our collaborative and supportive workplace environment,” said Warren Jolly, President of The Providence Group. “Our commitment to advanci.

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

Axos Financial Inc.

Following Berkshire Hathaway's investing themes -- not Buffett's individual stock buys -- can yield better investing results.

Buffett's Best Advice: 2 Stocks to Buy Berkshire Doesn't Own

The best way to play the homebuilder space might not be with one of the larger players.

1 Under-the-Radar Stock to Watch in 2025

Green Brick Partners (GRBK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Green Brick Partners (GRBK) Stock

Green Brick Partners (GRBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Green Brick Partners (GRBK) Upgraded to Strong Buy: Here's What You Should Know

Here is how Green Brick Partners (GRBK) and The Bank of New York Mellon Corporation (BK) have performed compared to their sector so far this year.

Are Finance Stocks Lagging Green Brick Partners (GRBK) This Year?

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 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 expect.

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

The headline numbers for Green Brick Partners (GRBK) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Green Brick Partners (GRBK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Green Brick Partners (GRBK) came out with quarterly earnings of $2.32 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $1.63 per share a year ago.

Green Brick Partners (GRBK) Tops Q2 Earnings and Revenue Estimates

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 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 units, a 26.1% increase of closed homes y.

News for Green Brick Partners Stock (GRBK)