| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
GRBK Stock Overview
Green Brick Partners, Inc. operates as a homebuilding and land development company in the United States.
Green Brick Partners, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$30.36 |
| 52 Week High | US$32.25 |
| 52 Week Low | US$16.80 |
| Beta | 1.6 |
| 1 Month Change | 26.92% |
| 3 Month Change | 33.45% |
| 1 Year Change | 17.49% |
| 3 Year Change | 219.92% |
| 5 Year Change | 212.99% |
| Change since IPO | -75.60% |
Recent News & Updates
Should You Investigate Green Brick Partners, Inc. (NYSE:GRBK) At US$28.76?
While Green Brick Partners, Inc. ( NYSE:GRBK ) might not be the most widely known stock at the moment, it led the NYSE...
Why The 21% Return On Capital At Green Brick Partners (NYSE:GRBK) Should Have Your Attention
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Black Bear Value Fund - Green Brick Partners: An Excellent Capital Allocator
There is a long-term fundamental supply/demand imbalance in housing inventory. Green Brick Partners has been reinvesting their cashflow in additional lots/land inventory. GRBK stock is valued somewhere between 5-8x steady-state earnings and potentially even cheaper than that. The following segment was excerpted from this fund letter. Green Brick Partners (GRBK) Green Brick Partners is a residential land developer and homebuilder. Most of their operations are in Texas, Georgia, and Florida. GRBK was formerly a private partnership between Jim Brickman and entities related to Greenlight Capital (managed by David Einhorn). David is currently the Chairman of the Board. As discussed earlier, there is a long-term fundamental supply/demand imbalance in housing inventory. This is a direct result of underproduction of new homes amid a challenging mortgage financing environment over the last 10+ years since the Great Financial Crisis. Looking forward we should have increased housing demand from millennials as they enter the family-phase of life and desire more space. It is rare to be able to partner with an excellent operator and an excellent capital allocator. As evidenced by our investment in AutoNation, when you marry those 2 concepts you can wind up with a wonderful result. GRBK has been reinvesting their cashflow in additional lots/land inventory. This masks the earnings power of the company. The company is valued somewhere between 5-8x steady-state earnings and potentially even cheaper than that. I tend to be more conservative given the potential for rate rises and inflationary increases in development costs. We have high-quality stewards at both the operating and Board level.
Shareholder Returns
| GRBK | US Consumer Durables | US Market | |
|---|---|---|---|
| 7D | 10.4% | 3.6% | 3.2% |
| 1Y | 17.5% | -26.7% | -10.2% |
Return vs Industry: GRBK exceeded the US Consumer Durables industry which returned -26.7% over the past year.
Return vs Market: GRBK exceeded the US Market which returned -10.2% over the past year.
Price Volatility
| GRBK volatility | |
|---|---|
| GRBK Average Weekly Movement | 8.6% |
| Consumer Durables Industry Average Movement | 7.6% |
| Market Average Movement | 7.7% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: GRBK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: GRBK's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 540 | Jim Brickman | https://greenbrickpartners.com |
Green Brick Partners, Inc. operates as a homebuilding and land development company in the United States. It operates through Builder operations Central, Builder operations Southeast, and Land development segments. 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 homes in residential neighborhoods, and master planned communities.
Green Brick Partners, Inc. Fundamentals Summary
| GRBK fundamental statistics | |
|---|---|
| Market Cap | US$1.40b |
| Earnings (TTM) | US$273.30m |
| Revenue (TTM) | US$1.71b |
5.1x
P/E Ratio0.8x
P/S RatioIs GRBK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GRBK income statement (TTM) | |
|---|---|
| Revenue | US$1.71b |
| Cost of Revenue | US$1.23b |
| Gross Profit | US$479.35m |
| Other Expenses | US$206.04m |
| Earnings | US$273.30m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.94 |
| Gross Margin | 27.98% |
| Net Profit Margin | 15.95% |
| Debt/Equity Ratio | 39.1% |
How did GRBK perform over the long term?
See historical performance and comparison