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Green Brick Partners, Inc - GRBK STOCK NEWS

Welcome to our dedicated page for Green Brick Partners news (Ticker: GRBK), a resource for investors and traders seeking the latest updates and insights on Green Brick Partners stock.

Green Brick Partners, Inc. (NASDAQ: GRBK) is a prominent homebuilding and land development company that invests in a diverse range of real estate projects. Operating under the brand Green Brick Communities, the company collaborates with both public and private builders across the nation to develop neighborhoods featuring timeless architecture combined with the latest technological advancements.

Green Brick Partners, Inc. is involved in multiple facets of the homebuilding process including land acquisition, development, entitlements, design, construction, marketing, and sales. The company has three primary reportable segments: Builder Operations Central, Builder Operations Southeast, and Land Development. The majority of its revenue is generated from the Builder Operations Central segment, largely driven by its activities in Texas.

The company owns several subsidiary homebuilders, including CB JENI Homes, Normandy Homes, Southgate Homes, Trophy Signature Homes, and a 90% interest in Centre Living Homes in Texas. It also holds a controlling interest in The Providence Group based in Atlanta, Georgia, and an 80% interest in GHO Homes located in Port St. Lucie, Florida. Additionally, Green Brick has a non-controlling interest in Challenger Homes in Colorado Springs, Colorado.

Beyond homebuilding, Green Brick Partners extends its services through financial platforms such as Green Brick Title and BHome Mortgage. This comprehensive involvement in every step of the land entitlement, development, and home construction process enables Green Brick to master plan and develop complex, high-density residential communities optimally.

With a mission to provide superior long-term returns for investors, residents, and the cities in which it builds, Green Brick Partners, Inc. continues to lead the industry in creating neighborhoods designed for modern living.

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Green Brick Partners and Century Communities announce joint development project in Austin, Texas.
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Green Brick Partners, Inc. has purchased 78 homes sites in Grand Harbor, Vero Beach. The company expects attractive returns and gross margins due to low inventory and limited competition. Homes will be priced from $1.5 to $2.5 million.
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Green Brick Partners, Inc. completes move of corporate headquarters to Legacy office park in Plano, Texas, reflecting continued growth and commitment to better serve stakeholders.
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Trophy Signature Homes, a subsidiary of Green Brick Partners, offers entry-level homes at the new Trinity Ranch community in Elgin, Texas. Homes are available for move-in now, priced from $279,900. Trinity Ranch will bring more than 1,700 homesites to the area. Construction of amenities and recreation have begun.
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Green Brick Partners, Inc. announces pricing of secondary offering of 850,000 shares at $45.75 per share.
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Green Brick Partners, Inc. announces underwritten public offering of 850,000 shares of its common stock held by an investment fund. Green Brick will not receive any proceeds from the sale. Goldman Sachs & Co. LLC is acting as the book-running manager for the Offering.
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Green Brick Partners, Inc. reports record results for Q1 2023, with $1.37 earnings per share, $449.4 million home closings revenue, and $630.9 million new home orders. Sales momentum was strong, with net sales up 78% YoY and 152% sequentially. Backlog increased 49% sequentially to $551 million. Debt to total capital ratio decreased to 23.8%.
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FAQ

What is the current stock price of Green Brick Partners (GRBK)?

The current stock price of Green Brick Partners (GRBK) is $57.63 as of December 20, 2024.

What is the market cap of Green Brick Partners (GRBK)?

The market cap of Green Brick Partners (GRBK) is approximately 2.5B.

What is Green Brick Partners, Inc.?

Green Brick Partners, Inc. is a publicly traded homebuilding and land development company listed on NASDAQ under the ticker symbol GRBK.

What services does Green Brick Partners, Inc. offer?

The company is involved in land acquisition and development, entitlements, design, construction, marketing, sales, and financial services through its subsidiaries.

Which regions does Green Brick Partners, Inc. operate in?

Green Brick Partners operates primarily in Texas, Georgia, and Florida, with an interest in a homebuilder in Colorado.

Who are Green Brick Partners, Inc.'s subsidiary homebuilders?

The subsidiaries include CB JENI Homes, Normandy Homes, Southgate Homes, Trophy Signature Homes, Centre Living Homes, The Providence Group, and GHO Homes.

What is the main source of revenue for Green Brick Partners, Inc.?

The company's primary revenue comes from the Builder Operations Central segment, which includes its Texas-based homebuilding activities.

What financial services does Green Brick Partners, Inc. provide?

The company offers home financing services through Green Brick Title and BHome Mortgage.

What is the mission of Green Brick Partners, Inc.?

Green Brick Partners aims to provide expertise and capital to build neighborhoods with classic architecture and modern technology, ensuring long-term returns for investors, residents, and cities.

How does Green Brick Partners, Inc. contribute to the homebuilding industry?

Green Brick Partners is actively involved in every step of the homebuilding process, from land acquisition to sales, making it uniquely equipped to develop complex residential communities.

What is Green Brick Communities?

Green Brick Communities is the brand under which Green Brick Partners develops neighborhoods in collaboration with public and private builders.

How can I contact Green Brick Partners, Inc. for more information?

For more information, you can contact Benting Hu, Vice President of Finance, at 469-573-6755 or via email at IR@greenbrickpartners.com.

Green Brick Partners, Inc

NYSE:GRBK

GRBK Rankings

GRBK Stock Data

2.52B
41.28M
7.22%
79.37%
2.62%
Residential Construction
Operative Builders
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United States of America
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