GRBK Stock Recent News

Green Brick Partners has a unique, diversified business model that should thrive amid favorable industry headwinds. Following a 33% stock decline after its Q3 results and the election, the current share price offers a favorable entry point. While GRBK does not offer a dividend, the recent focus on share buybacks adds another 2.6% in shareholder yield.

Howard Hughes, Green Brick Partners and LGI Homes have been highlighted in this Industry Outlook article.

Despite industry woes, healthy demand for certain real estate categories and limited supply bodes well for Real Estate Development industry players like HHH, GRBK and LGIH.

The company's gross profit margin was 32.7% while its closest competitor reached a value of 28.8%. Revenues for the quarter amounted to $523 million, which represents an increase of 25.7% YoY. By the end of 2024, the company has a total of 31,425 lots compared to 6,420 in 2019.

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 growing companies in 2023 and its fastest growing public homebuilder, today announced that Elizabeth K. Blake has been appointed as lead independent director. Ms. Blake has served as an independent director on the Company's Board since 2014 and serves on the Board's Governance and Sustainability Committ.

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 located in the highly sought-after city of Frisco, Texas. Situated at the prime intersection of FM 423 and Rockhill Parkway, just a short distance from the PGA Headquarters, Hazelwood offers a perfect blend of modern living, luxury amenities, and convenience in one of the fastest-growing regions in the.

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.

David Einhorn has a penchant for picking stocks to short.

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

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