Picture of Green Brick Partners logo

GRBK — Green Brick Partners News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsBalancedMid CapSuper Stock

Green Brick beats Q4 revenue estimates

Overview

Homebuilder's Q4 revenue beat analyst expectations

Net income for Q4 fell 24.5% yr/yr

Company adopted new $150 mln share repurchase plan

Outlook

Green Brick expects to continue delivering peer-leading gross margins

Green Brick aims to expand its Trophy brand in 2026

Result Drivers

RECORD NEW HOME ORDERS - Co achieved record net new home orders for any fourth quarter, driven by strategic sales adjustments

PEER-LEADING MARGINS - Co maintained peer-leading gross margins attributed to strong land position and self-development strategy

STRONG BALANCE SHEET - Co reported strong liquidity and low debt ratios, positioning it well for future opportunities

Company press release: ID:nBw7zKZTfa

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueBeat$552.61 mln$473.24 mln (4 Analysts)
Q4 Net Income$78.37 mln
Q4 Homebuilding Gross Margin29.40%
Q4 Gross Profit$162.05 mln
Q4 Pretax Profit$113.11 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell" The average consensus recommendation for the homebuilding peer group is "hold" Wall Street's median 12-month price target for Green Brick Partners Inc is $66.50, about 15% below its February 24 closing price of $78.24 The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Green Brick Partners

See all news