Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Director Lila A. Murphy was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 31
Green Brick Partners, Inc. to Report Q1, 2026 Results on Apr 29, 2026 Green Brick Partners, Inc. announced that they will report Q1, 2026 results After-Market on Apr 29, 2026 Announcement • Mar 25
Green Brick Partners, Inc. And HFI Capital Management, LLC Debut Rainwater Crossing Master-Planned Community In Celina, Texas Green Brick Partners, Inc. and HFI Capital Management, LLC (HFI) developed Rainwater Crossing, a welcoming master-planned community in Celina, Texas, which was on track for its spring 2026 debut. The community will showcase its first model homes in May 2026. Phase One homebuilders include Normandy Homes and Centre Living Homes. Each builder brings thoughtfully designed homes that combine timeless style and modern appeal. These homes will offer exceptional quality, flexible living spaces and a range of price points suitable for families at all stages of life. Upon arrival, residents and guests will be greeted by Whispering Grove, a beautifully landscaped two-acre entrance park coming this summer to the community. This serene space will further establish a unique sense of place through a fine-art sculpture, “Scout’s Tree,” created by nationally recognized Dallas-based artist team Brad Oldham and Christy Coltrin. The 35-foot-tall placemaking artwork reflects the neighborhood’s natural beauty and honors the site’s history as a former tree farm. Crafted from stainless steel and cor-ten steel, the sculpture captures attention upon arrival and glows at night through integrated lighting. Surrounded by walking trails and a reflection pond, this immersive art piece will serve as a unique and inspiring focal point. Rainwater Crossing is designed to be a vibrant community for active and social living, where “life flows here” in every detail. A wide range of thoughtfully designed amenities will help bring neighbors together and promote a balanced, healthy lifestyle. Construction of “The Perch,” the community's highly anticipated Phase One amenity center site, is set to begin in May 2026, with completion targeted for spring 2027. Once finished, “The Perch” will feature a resort-style pool and splashpad, pickleball courts, a playground, hammock park, and clubhouse. The community will also include over 6 miles of trails and three additional amenity sites in future phases. Announcement • Feb 26
Green Brick Partners, Inc. (NYSE:GRBK) announces an Equity Buyback for $150 million worth of its shares. Green Brick Partners, Inc. (NYSE:GRBK) announces a share repurchase program. Under the program, the company will repurchase up to $150 million worth of outstanding common stock. Announcement • Jan 22
Green Brick Partners, Inc. to Report Q4, 2025 Results on Feb 25, 2026 Green Brick Partners, Inc. announced that they will report Q4, 2025 results After-Market on Feb 25, 2026 Announcement • Sep 29
Green Brick Partners, Inc. to Report Q3, 2025 Results on Oct 29, 2025 Green Brick Partners, Inc. announced that they will report Q3, 2025 results After-Market on Oct 29, 2025 Announcement • Aug 21
Green Brick Partners, Inc. and Trophy Signature Homes Celebrate Grand Opening of First-Ever Houston Community Green Brick Partners, Inc. has officially broken ground on its highly anticipated first community in the Houston area. This landmark event, which took place on August 1, 2025, signifies the company's strategic expansion into the Houston market and introduces its subsidiary, Trophy Signature Homes, as a new builder in the region. The new community, Riviera Pines, will bring Green Brick Partners' signature quality and design to Houston homebuyers, with the first model homes expected to open in November 2025. Announcement • Jul 03
Green Brick Partners, Inc. to Report Q2, 2025 Results on Jul 30, 2025 Green Brick Partners, Inc. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025 Announcement • Jun 30
Green Brick Partners, Inc.(NYSE:GRBK) dropped from Russell 2000 Dynamic Index Green Brick Partners, Inc.(NYSE:GRBK) dropped from Russell 2000 Dynamic Index Announcement • May 01
Green Brick Partners, Inc., Annual General Meeting, Jun 10, 2025 Green Brick Partners, Inc., Annual General Meeting, Jun 10, 2025. Announcement • Apr 10
Green Brick Partners, Inc. to Report Q1, 2025 Results on Apr 30, 2025 Green Brick Partners, Inc. announced that they will report Q1, 2025 results After-Market on Apr 30, 2025 Announcement • Mar 01
Green Brick Partners, Inc. (NYSE:GRBK) announces an Equity Buyback for $100 million worth of its shares. Green Brick Partners, Inc. (NYSE:GRBK) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of outstanding common stock. The shares repurchased will be retired. The program has no time deadline. Announcement • Feb 06
Green Brick Partners, Inc. to Report Q4, 2024 Results on Feb 26, 2025 Green Brick Partners, Inc. announced that they will report Q4, 2024 results After-Market on Feb 26, 2025 Announcement • Dec 06
Green Brick Partners, Inc. Appoints Elizabeth K. Blake as Lead Independent Director Green Brick Partners, Inc. 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 Committee and Compensation Committee. Among other experience, Ms. Blake previously served as Executive Vice President-- Corporate Affairs, General Counsel and Corporate Secretary for US Airways Group, Inc., Senior Vice President and General Counsel of Trizec Properties, Inc., Vice President and General Counsel of General Electric Power Systems, Vice President and Chief of Staff of Cinergy Corp, and Senior Vice President — Advocacy, Government Affairs & General Counsel of Habitat For Humanity International Inc. She also had a distinguished career as an attorney at the law firms of Frost & Jacobs and Davis Polk & Wardwell. Announcement • Nov 02
Green Brick Partners, Inc. Provides Revenue Guidance for Fiscal Year 2024 Green Brick Partners, Inc. provided revenue guidance for fiscal year 2024. For the year, The company expects to achieve record revenue for fiscal year 2024. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$1.99 (vs US$1.58 in 3Q 2023) Third quarter 2024 results: EPS: US$1.99 (up from US$1.58 in 3Q 2023). Revenue: US$523.7m (up 25% from 3Q 2023). Net income: US$88.4m (up 24% from 3Q 2023). Profit margin: 17% (in line with 3Q 2023). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 10
Green Brick Partners, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Green Brick Partners, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €74.74, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Consumer Durables industry in Europe. Total returns to shareholders of 294% over the past three years. Recent Insider Transactions • Aug 21
CFO, Treasurer & Secretary recently sold €987k worth of stock On the 19th of August, Richard Costello sold around 15k shares on-market at roughly €65.77 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Richard has been a net seller over the last 12 months, reducing personal holdings by €3.1m. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: US$2.35 (vs US$1.64 in 2Q 2023) Second quarter 2024 results: EPS: US$2.35 (up from US$1.64 in 2Q 2023). Revenue: US$560.6m (up 23% from 2Q 2023). Net income: US$105.4m (up 41% from 2Q 2023). Profit margin: 19% (up from 16% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €56.42, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Consumer Durables industry in Europe. Total returns to shareholders of 212% over the past three years. Announcement • Jul 11
Green Brick Partners, Inc. to Report Q2, 2024 Results on Jul 31, 2024 Green Brick Partners, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Jul 31, 2024 Recent Insider Transactions • May 07
CFO, Treasurer & Secretary recently sold €2.1m worth of stock On the 6th of May, Richard Costello sold around 40k shares on-market at roughly €52.69 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Richard has been a net seller over the last 12 months, reducing personal holdings by €2.6m. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$1.85 (vs US$1.38 in 1Q 2023) First quarter 2024 results: EPS: US$1.85 (up from US$1.38 in 1Q 2023). Revenue: US$447.3m (down 1.0% from 1Q 2023). Net income: US$83.3m (up 31% from 1Q 2023). Profit margin: 19% (up from 14% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 01
Green Brick Partners, Inc., Annual General Meeting, Jun 11, 2024 Green Brick Partners, Inc., Annual General Meeting, Jun 11, 2024, at 10:00 Central Standard Time. Agenda: To consider Election of seven directors to the Board Recommendation; to ratify the appointment of RSM US LLP as Independent Registered Public Accountants for 2024 Recommendation; to approve the 2024 Omnibus Incentive Plan Recommendation. Announcement • Apr 11
Green Brick Partners, Inc. to Report Q1, 2024 Results on May 01, 2024 Green Brick Partners, Inc. announced that they will report Q1, 2024 results After-Market on May 01, 2024 Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: US$6.26 (vs US$6.07 in FY 2022) Full year 2023 results: EPS: US$6.26. Revenue: US$1.78b (up 1.1% from FY 2022). Net income: US$284.6m (down 1.5% from FY 2022). Profit margin: 16% (in line with FY 2022). Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. Announcement • Feb 23
Green Brick Partners, Inc. and Hersh Family Investments Announces Rainwater Crossing, A New Joint Venture Community in Celina, Texas Green Brick Partners, Inc. and Hersh Family Investments announced Rainwater Crossing, a new residential project in Celina, Texas, one of the fastest growing areas of the Dallas-Fort Worth metroplex. This will be the sixth community in Celina in which Green Brick has been involved. Spanning over 550 acres, the development will feature more than 1,900 homesites and an impressive array of amenities designed to enhance the quality of life for residents. The primary amenity center will boast a resort-style clubhouse, a swimming pool, playground, and sport courts. The development will be located just east of Preston Road, near County Road 134. Plans incorporate around 42 acres of open space, including approximately 13 acres dedicated to the city of Celina as public parkland, private amenity sites, miles of pedestrian trails, linear parks, and pocket parks that encourage community connectivity and outdoor activities. The new community will feature homes built by four Green Brick subsidiary builders — CB JENI Homes, Normandy Homes, Southgate Homes, and Centre Living Homes. Announcement • Feb 09
Green Brick Partners, Inc. to Report Q4, 2023 Results on Feb 29, 2024 Green Brick Partners, Inc. announced that they will report Q4, 2023 results After-Market on Feb 29, 2024 Recent Insider Transactions • Dec 17
COO & Executive VP recently sold €463k worth of stock On the 14th of December, Jed Dolson sold around 10k shares on-market at roughly €46.32 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jed has been a net seller over the last 12 months, reducing personal holdings by €902k. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €41.02, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Consumer Durables industry in Europe. Total returns to shareholders of 149% over the past three years. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: US$1.59 (vs US$1.58 in 3Q 2022) Third quarter 2023 results: EPS: US$1.59. Revenue: US$419.0m (up 2.7% from 3Q 2022). Net income: US$72.2m (flat on 3Q 2022). Profit margin: 17% (in line with 3Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Consumer Durables industry in Germany. Announcement • Oct 31
Green Brick Partners, Inc. Announces Promotion of Jed Dolson to President and Chief Operating Officer Green Brick Partners, Inc. announced the promotion of Jed Dolson to President and Chief Operating Officer. Mr. Dolson first joined Green Brick in 2010, serving as primary development consultant. Mr. Dolson then served from 2013-2017 as Green Brick’s Head of Land Acquisition and Development. From 2017 to 2020, Mr. Dolson served as the President of the Texas Region until his promotion to Executive Vice President and Chief Operating Officer in September 2020. Mr. Dolson received a bachelor’s degree in civil engineering from Texas A&M University and a master’s degree in Civil Engineering from Stanford University. Announcement • Oct 11
Green Brick Partners, Inc. to Report Q3, 2023 Results on Oct 31, 2023 Green Brick Partners, Inc. announced that they will report Q3, 2023 results After-Market on Oct 31, 2023 Announcement • Sep 08
Green Brick Partners, Inc. has completed a Follow-on Equity Offering in the amount of $38.8875 million. Green Brick Partners, Inc. has completed a Follow-on Equity Offering in the amount of $38.8875 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 850,000
Price\Range: $45.75 Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$1.66 (vs US$2.09 in 2Q 2022) Second quarter 2023 results: EPS: US$1.66 (down from US$2.09 in 2Q 2022). Revenue: US$456.3m (down 13% from 2Q 2022). Net income: US$75.3m (down 25% from 2Q 2022). Profit margin: 17% (down from 19% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 13
Green Brick Partners, Inc. to Report Q2, 2023 Results on Aug 02, 2023 Green Brick Partners, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 02, 2023 Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to €45.62, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Total returns to shareholders of 427% over the past three years. Recent Insider Transactions • May 11
Lead Independent Director recently sold €900k worth of stock On the 8th of May, Richard Press sold around 20k shares on-market at roughly €45.02 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.6m more than they bought in the last 12 months. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$1.38 (vs US$1.20 in 1Q 2022) First quarter 2023 results: EPS: US$1.38 (up from US$1.20 in 1Q 2022). Revenue: US$452.1m (up 15% from 1Q 2022). Net income: US$63.5m (up 4.3% from 1Q 2022). Profit margin: 14% (down from 16% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 04
Green Brick Partners, Inc. (NYSE:GRBK) announces an Equity Buyback for $100 million worth of its shares. Green Brick Partners, Inc. (NYSE:GRBK) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of outstanding common stock. The shares repurchased will be retired. The program has no time deadline. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: US$6.13 (vs US$3.75 in FY 2021) Full year 2022 results: EPS: US$6.13 (up from US$3.75 in FY 2021). Revenue: US$1.76b (up 25% from FY 2021). Net income: US$291.9m (up 54% from FY 2021). Profit margin: 17% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 19% p.a. on average during the next 2 years, while revenues in the Consumer Durables industry in Germany are expected to grow by 5.3%. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Announcement • Feb 07
Green Brick Partners, Inc. to Report Q4, 2022 Results on Feb 27, 2023 Green Brick Partners, Inc. announced that they will report Q4, 2022 results After-Market on Feb 27, 2023 Board Change • Nov 17
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Independent Director Lila A. Murphy was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €20.35, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Consumer Durables industry in Germany. Total returns to shareholders of 103% over the past three years. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: US$1.60 (vs US$0.96 in 3Q 2021) Third quarter 2022 results: EPS: US$1.60 (up from US$0.96 in 3Q 2021). Revenue: US$407.9m (up 19% from 3Q 2021). Net income: US$73.5m (up 52% from 3Q 2021). Profit margin: 18% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 7.0% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Germany are expected to grow by 4.5%. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$2.11 (vs US$1.03 in 2Q 2021) Second quarter 2022 results: EPS: US$2.11 (up from US$1.03 in 2Q 2021). Revenue: US$525.1m (up 41% from 2Q 2021). Net income: US$101.3m (up 94% from 2Q 2021). Profit margin: 19% (up from 14% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 5.9% compared to a 2.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 22% share price decline to €17.27, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 9x in the Consumer Durables industry in Germany. Total returns to shareholders of 119% over the past three years. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 16% share price gain to €22.62, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 10x in the Consumer Durables industry in Germany. Total returns to shareholders of 184% over the past three years. Reported Earnings • May 05
First quarter 2022 earnings released: EPS: US$1.22 (vs US$0.51 in 1Q 2021) First quarter 2022 results: EPS: US$1.22 (up from US$0.51 in 1Q 2021). Revenue: US$393.6m (up 68% from 1Q 2021). Net income: US$61.6m (up 137% from 1Q 2021). Profit margin: 16% (up from 11% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 1.9% compared to a 7.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Director Lila A. Murphy was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 09
Independent Director recently bought €449k worth of stock On the 31st of March, Harry Brandler bought around 25k shares on-market at roughly €17.98 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €927k more in shares than they have sold in the last 12 months. Reported Earnings • Mar 03
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$3.75 (up from US$2.25 in FY 2020). Revenue: US$1.40b (up 44% from FY 2020). Net income: US$190.2m (up 67% from FY 2020). Profit margin: 14% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 11%, compared to a 7.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Dec 30
Independent Director recently sold €268k worth of stock On the 28th of December, Richard Press sold around 10k shares on-market at roughly €26.84 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.0m more than they sold in the last 12 months. Recent Insider Transactions • Dec 30
Independent Director recently sold €268k worth of stock On the 28th of December, Richard Press sold around 10k shares on-market at roughly €26.84 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.0m more than they sold in the last 12 months. Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS US$0.96 (vs US$0.69 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$342.3m (up 24% from 3Q 2020). Net income: US$48.5m (up 39% from 3Q 2020). Profit margin: 14% (up from 13% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improved over the past week After last week's 16% share price gain to €21.17, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Consumer Durables industry in Germany. Total returns to shareholders of 166% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €38.77 per share. Recent Insider Transactions • Aug 11
Independent Director recently bought €210k worth of stock On the 6th of August, Kathleen Olsen bought around 10k shares on-market at roughly €21.65 per share. In the last 3 months, there was an even bigger purchase from another insider worth €458k. Insiders have collectively bought €1.3m more in shares than they have sold in the last 12 months. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS US$1.03 (vs US$0.67 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: US$373.8m (up 61% from 2Q 2020). Net income: US$52.3m (up 55% from 2Q 2020). Profit margin: 14% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Announcement • May 28
Green Brick Partners, Inc. (NasdaqCM:GRBK) acquired Ten Communities in Dallas-Fort Worth, Texas and Atlanta, Georgia. Green Brick Partners, Inc. (NasdaqCM:GRBK) acquired Ten Communities in Dallas-Fort Worth, Texas and Atlanta, Georgia on May 27, 2021.
Green Brick Partners, Inc. (NasdaqCM:GRBK) completed the acquisition of Ten Communities in Dallas-Fort Worth, Texas and Atlanta, Georgia on May 27, 2021. Recent Insider Transactions • May 15
Independent Director recently bought €458k worth of stock On the 12th of May, Harry Brandler bought around 25k shares on-market at roughly €18.31 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.0m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$17.10, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Consumer Durables industry in Germany. Total returns to shareholders of 78% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €20.02 per share. Reported Earnings • May 07
First quarter 2021 earnings released: EPS US$0.51 (vs US$0.32 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$234.5m (up 9.9% from 1Q 2020). Net income: US$26.0m (up 63% from 1Q 2020). Profit margin: 11% (up from 7.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 27
Director recently bought €361k worth of stock On the 23rd of March, Harry Brandler bought around 20k shares on-market at roughly €18.05 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €545k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 17
Independent Director recently bought €184k worth of stock On the 11th of March, Richard Press bought around 10k shares on-market at roughly €18.39 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €231k more in shares than they have sold in the last 12 months. Reported Earnings • Mar 10
Full year 2020 earnings released: EPS US$2.25 (vs US$1.16 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$976.0m (up 23% from FY 2019). Net income: US$113.7m (up 94% from FY 2019). Profit margin: 12% (up from 7.4% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Mar 10
Revenue beats expectations Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 37%, compared to a 8.2% growth forecast for the Consumer Durables industry in Germany. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$15.70, the stock is trading at a trailing P/E ratio of 10.1x, down from the previous P/E ratio of 12.1x. This compares to an average P/E of 27x in the Consumer Durables industry in Germany. Total returns to shareholders over the past three years are 79%. Announcement • Jan 26
Green Brick Partners, Inc. has completed a Follow-on Equity Offering in the amount of $125.7 million. Green Brick Partners, Inc. has completed a Follow-on Equity Offering in the amount of $125.7 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 6,000,000
Price\Range: $20.95 Announcement • Jan 23
Green Brick Partners, Inc. to Report Q4, 2020 Results on Mar 08, 2021 Green Brick Partners, Inc. announced that they will report Q4, 2020 results After-Market on Mar 08, 2021 Valuation Update With 7 Day Price Move • Nov 05
Market bids up stock over the past week After last week's 15% share price gain to US$17.20, the stock is trading at a trailing P/E ratio of 9.9x, up from the previous P/E ratio of 8.6x. This compares to an average P/E of 28x in the Consumer Durables industry in Germany. Total returns to shareholders over the past three years are 88%. Is New 90 Day High Low • Nov 05
New 90-day high: €17.20 The company is up 38% from its price of €12.50 on 06 August 2020. The German market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.87 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of US$100.3m, up 79% from the prior year. Total revenue was US$952.0m over the last 12 months, up 27% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 30
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 20% at US$275.8m. Revenue is forecast to grow 14% over the next year, compared to a 5.0% growth forecast for the Consumer Durables industry in Germany. Announcement • Oct 16
Green Brick Partners, Inc. to Report Q3, 2020 Results on Oct 29, 2020 Green Brick Partners, Inc. announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Oct 29, 2020 Is New 90 Day High Low • Oct 09
New 90-day high: €16.10 The company is up 64% from its price of €9.80 on 07 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.18 per share. Announcement • Sep 24
Green Brick Partners, Inc. Announces the Promotion of Jed Dolson to Chief Operating Officer and Executive Vice President Green Brick Partners, Inc. (“Green Brick”) announced that Mr. Jed Dolson has been promoted to Chief Operating Officer and Executive Vice President of Green Brick Partners. Mr. Dolson previously served as President of the Texas Region where he oversaw Green Brick’s majority ownership position in Centre Living Homes, total ownership position of CB JENI Homes, Normandy Homes, and Southgate Homes, as well as the successful launch of Trophy Signature Homes. In his new role, Mr. Dolson will oversee operations across the entirety of Green Brick Partners’ Team Builder™ network including Texas, Georgia, Florida, and Colorado. He will continue to drive efficiencies and growth across all builders and affiliates following Green Brick’s values of H.O.M.E – Honesty, Objectivity, Maturity, and Efficiency. Announcement • Aug 29
Green Brick Partners, Inc. announced that it has received $37.5 million in funding from The Prudential Insurance Company of America, Inc., Prudential Universal Reinsurance Company On August 28, 2020, Green Brick Partners, Inc. (NasdaqCM:GRBK) closed the transaction. Announcement • Aug 27
Green Brick Partners, Inc. announced that it expects to receive $37.5 million in funding from The Prudential Insurance Company of America, Inc., Prudential Universal Reinsurance Company Green Brick Partners, Inc. (NasdaqCM:GRBK) announced that it has entered into a note purchase agreement for private placement of senior unsecured notes for gross proceeds of $37.5 million on August 26, 2020. The transaction will included participation from The Prudential Insurance Company of America, Inc. and Prudential Universal Reinsurance Company. The notes are due on August 26, 2027 at a fixed rate of 3.35% per annum. Interest will be payable quarterly in arrears commencing on November 26, 2020 .The notes are guaranteed on a senior unsecured basis by the company's significant subsidiaries and certain other subsidiaries pursuant to a guaranty agreement. Announcement • Jul 18
Green Brick Partners, Inc. to Report Q2, 2020 Results on Aug 04, 2020 Green Brick Partners, Inc. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 04, 2020 Announcement • Jul 03
Green Brick Partners, Inc.(NasdaqCM:GRBK) dropped from Russell 2500 Growth Index Green Brick Partners, Inc.(NasdaqCM:GRBK) dropped from Russell 2500 Growth Index Announcement • Jul 02
Green Brick Partners, Inc.(NasdaqCM:GRBK) dropped from Russell 3000 Growth Index Green Brick Partners, Inc.(NasdaqCM:GRBK) dropped from Russell 3000 Growth Index