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
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$552.61 mln
$473.24 mln (4 Analysts)
Q4 Net Income
$78.37 mln
Q4 Homebuilding Gross Margin
29.40%
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.)