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

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Earnings data Q1 2022

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Earnings data Q1 2023

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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.

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Green Brick Partners, Inc. (NYSE:GRBK ) Q3 2022 Earnings Conference Call November 3, 2022 12:00 PM ET Company Participants Jim Brickman - Co-Founder & Chief Executive Officer Rick Costello - Chief Financial Officer Jed Dolson - Chief Operating Officer Conference Call Participants Carl Reichardt - BTIG Jay McCanless - Wedbush Alex Rygiel - B. Riley Securities Alex Barron - Housing Research Center Operator Good afternoon and welcome to Green Brick Partners Earnings Call for the Third Quarter Ended September 30, 2022.

Green Brick Partners, Inc. (GRBK) CEO Jim Brickman on Q3 2022 Results - Earnings Call Transcript

Green Brick Partners (GRBK) delivered earnings and revenue surprises of 18.05% and 3.07%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Green Brick Partners (GRBK) Q3 Earnings and Revenues Top Estimates

Diluted EPS of $1.57, Up 65.3% Net Income Attributable to Green Brick Partners of $73.5 Million, Up 51.6% Record Home Building Gross Margin Up 550 BPS to 32.4% Total Revenues of $407.9 Million, Up 19.2%

Green Brick Partners, Inc. Reports Third Quarter 2022 Results

Green Brick Partners (GRBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Green Brick Partners (GRBK) Reports Next Week: Wall Street Expects Earnings Growth

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Green Brick Partners, Inc. (NYSE:GRBK ) Q2 2022 Earnings Conference Call August 4, 2022 12:00 PM ET Company Participants Jim Brickman - Co-Founder & Chief Executive Officer Rick Costello - Chief Financial Officer Jed Dolson - Chief Operating Officer Conference Call Participants Alex Rygiel - B. Riley Carl Reichardt - BTIG Jay McCanless - Wedbush Securities Alex Barron - Housing Research Bill Dezellem - Tieton Capital Operator Good afternoon and welcome to Green Brick's Partners Earnings Call for the Second Quarter Ended June 30th, 2022.

Green Brick Partners, Inc. (GRBK) CEO Jim Brickman on Q2 2022 Results - Earnings Call Transcript

Green Brick Partners (GRBK) delivered earnings and revenue surprises of 69.11% and 29.85%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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

RECORD HOME CLOSINGS REVENUE OF $510.5 MILLION, UP 53.6% RECORD INCOME BEFORE TAXES OF $138.3 MILLION, UP 86.9% HOME BUILDING GROSS MARGIN UP 550 BPS TO 32.3% RECORD DILUTED EPS OF $2.08, UP 103.9%

Green Brick Partners, Inc. Reports Record Second Quarter 2022 Results

PLANO, Texas, July 18, 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 the Company was named for inclusion in the S&P SmallCap 600 index effective on Wednesday, July 20, 2022.

Green Brick Partners, Inc. to Join S&P SmallCap 600 Index

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NEW YORK , July 13, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: S&P SmallCap 600 constituent Coca-Cola Consolidated Inc. (NASD: COKE) will replace PS Business Parks Inc. (NYSE: PSB) in the S&P MidCap 400, and Green Brick Partners Inc. (NYSE: GRBK) will replace Coca-Cola Consolidated in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 20. Blackstone Inc. (NYSE: BX) is acquiring PS Business Parks in a deal expected to be completed on or about that date, pending final closing conditions.

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PLANO, Texas--(BUSINESS WIRE)--Green Brick Partners, Inc. (NYSE: GRBK) announces the purchase of 152 acres in Cumming, GA for a vertically integrated mixed-use development.

Green Brick Partners, Inc. Closes on Land for New Mixed-Use Concept in North Atlanta Suburb Market

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Green Brick Partners (GRBK) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Green Brick Partners (GRBK) Shows Fast-paced Momentum But Is Still a Bargain Stock

Green Brick Partners (GRBK) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Looking for a Growth Stock? 3 Reasons Why Green Brick Partners (GRBK) is a Solid Choice

Green Brick Partners (GRBK) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Green Brick Partners (GRBK) Upgraded to Strong Buy: What Does It Mean for the Stock?

Green Brick Partners, one of the fastest growing public homebuilders, seems to have put in a bottom after rising rates collapsed the sector. The stock has fallen over 30% since the recent highs on December 10th, 2021, presenting a margin of safety for long-term investors.

Green Brick Partners: The Bottom Is In For The Year, Look Towards 2023

Is Green Brick Partners (GRBK) a Solid Growth Stock? 3 Reasons to Think " Yes "

Green Brick Partners (GRBK) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Green Brick Partners (GRBK)

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

Will Green Brick Partners (GRBK) Gain on Rising Earnings Estimates?

The mean of analysts' price targets for Green Brick Partners (GRBK) points to a 44.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 45% Upside in Green Brick Partners (GRBK): Can the Stock Really Move This High?

Green Brick Partners, Inc. (NYSE:GRBK ) Q1 2022 Earnings Conference Call May 4, 2022 ET Company Participants Jim Brickman - Chief Executive Officer Rick Costello - Chief Financial Officer Jed Dolson - Chief Operating Officer Conference Call Participants Doug Wardlaw - JPMorgan Carl Reichardt - BTIG Alex Rygiel - B. Riley Jay McCanless - Wedbush Bill Dezellem - Tieton Capital Management Alex Barron - Housing Research Center Operator Good afternoon, everyone, and welcome to Green Brick's Partners Earnings Call for the First Quarter Ended March 31, 2022.

Green Brick Partners, Inc. (GRBK) CEO Jim Brickman on Q1 2022 Results - Earnings Call Transcript

Home Closings Revenue of $363.1 Million, Up 68.0% Record Income Before Income Taxes of $82.6 Million, Up 134.3% Home Building Gross Margin Up 240 Bps to 27.8% Lots Owned and Controlled Up 42.5%

Green Brick Partners, Inc. Reports Record First Quarter 2022 Results

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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.

Green Brick Partners, Inc. Announces the Appointment of Lila Manassa Murphy to its Board of Directors

Capitalize on the wave of migration to Texas with this homebuilder trading below five times next year's earnings.

News for Green Brick Partners Stock (GRBK)