Green Brick Partners Inc Stock Price, News & Analysis

Green Brick Partners reported strong Q1 2025 results with record first-quarter home closing revenue of $495 million, up 11.8% year-over-year. The company delivered 910 new homes and maintained a leading 31.2% homebuilding gross margin despite high interest rates. Net new home orders reached a record 1,106 units, increasing 3.3% year-over-year, with a low cancellation rate of 6.1%.

The company's financial position remains solid with $103 million in cash and $330 million available on their credit facility. Their debt-to-total capital ratio stands at 14.5%. Green Brick expanded their lot portfolio to over 40,500 lots owned and controlled, with plans to self-develop 97.9% of these lots. The company also demonstrated commitment to shareholder value by repurchasing approximately 668,000 shares for $38.3 million through April 2025.

Green Brick Partners (NYSE: GRBK), ranked as the third largest homebuilder in Dallas-Fort Worth and recognized among Fortune Magazine's fastest growing companies in 2024, has scheduled its Q1 2025 financial results release for April 30th, 2025, after market close.

CEO Jim Brickman will host an earnings conference call on May 1st, 2025, at 12:00 p.m. Eastern Time. The call will be accessible via webcast on the company's investor relations website, with both domestic (1-888-660-6353) and international (1-929-203-2106) dial-in options available using access code 3162560. A replay will be available through May 31st, 2025.

Green Brick Partners (NYSE: GRBK) has promoted Bobby Samuel to Executive Vice President of Land, recognizing his significant contributions since joining as National Vice President of Land in 2018. Under his leadership, the company's owned and controlled lots increased by 500%, from approximately 6,300 to over 37,800 by the end of 2024.

Samuel, who holds a civil engineering degree from Texas A&M University and an MBA from Texas Christian University, oversees land acquisition and development activities for Green Brick and its subsidiary builders. The company has been recognized by Fortune Magazine for six consecutive years as one of the fastest-growing public homebuilders and land development companies in the country.

CEO Jim Brickman emphasized that this promotion reflects the company's view of land as the foundation of their business and the driver of their industry-leading margins and profitability.

Green Brick Partners (NYSE: GRBK) reported record results for Q4 and full year 2024. The company achieved record Q4 home closings revenue of $557M, up 24.2% YOY, with diluted EPS of $2.31, up 46.2% YOY. Full-year performance included:

- Total revenues of $2.1B, up 18.1% YOY
- Record diluted EPS of $8.45, up 37.6% YOY
- Homebuilding gross margin of 33.8%, up 290 bps YOY
- 3,783 home closings, up 21.1% YOY

The company maintained strong operational metrics with Q4 net new orders up 29.3% to 878 homes, low cancellation rate of 7.8%, and incentives at 6.4%. Green Brick ended 2024 with 106 active selling communities, up 16.5% YOY, and total lots owned and controlled increased 31.9% YOY. The Board approved an increase in share repurchase authorization to $100M.

Green Brick Partners (NYSE: GRBK), ranked as the third largest homebuilder in Dallas-Fort Worth and recognized as one of Fortune Magazine's fastest growing companies in 2023, has announced its upcoming financial results release schedule. The company will disclose its fourth quarter results ending December 31st, 2024, after market close on February 26th, 2025.

CEO Jim Brickman will host an earnings conference call on February 27th, 2025, at 12:00 p.m. Eastern Time. The call will be accessible via webcast on the company's investor relations website, with both domestic and international dial-in options available. A replay of the call will be accessible through March 29th, 2025.

Trophy Signature Homes, a subsidiary of Green Brick Partners (NYSE: GRBK), has announced the development of Lowry Trails, a new community in Lowry Crossing, Texas, set to open in July 2025. The development will feature 435 homesites with homes starting in the $300,000s.

The community will showcase Trophy's Tree Series home plans on 40-foot lots, offering ENERGY STAR® Certified homes that combine style, function, and energy efficiency. Key amenities include a scenic greenbelt with dense trees and family-friendly green spaces for sports and social gatherings.

Designed to accommodate first-time homebuyers, growing families, and empty nesters, Lowry Trails will feature modern floor plans and a fully furnished model home for tours. The development emphasizes new construction benefits, eliminating hidden costs and uncertainties associated with resale homes.

Green Brick Partners (NYSE: GRBK), the third largest homebuilder in Dallas-Fort Worth and one of Fortune Magazine's fastest growing companies in 2023, has appointed Elizabeth K. Blake as lead independent director. Blake, who has served as an independent director since 2014, is a member of the Board's Governance and Sustainability Committee and Compensation Committee.

Blake brings extensive executive experience, having previously served in leadership roles at US Airways Group, Trizec Properties, General Electric Power Systems, Cinergy Corp, and Habitat For Humanity International. She also had a distinguished legal career at Frost & Jacobs and Davis Polk & Wardwell.

Normandy Homes and CB JENI Homes, subsidiaries of Green Brick Partners (NYSE: GRBK), have launched Hazelwood, a new residential community in Frisco, Texas. Located at FM 423 and Rockhill Parkway near the PGA Headquarters, the development will feature 100 townhomes and 226 single-family residences.

The community offers resort-style amenities including an event lawn, fire pit, community pool, playground, and green spaces with scenic trails. The development emphasizes high-quality, energy-efficient features in all homes.

Pricing starts in the $500s for townhomes and $700s for single-family homes. The location provides easy access to schools, shopping, dining, and major highways connecting to downtown Dallas.

Southgate Homes, a subsidiary of Green Brick Partners (NYSE: GRBK), has opened a new 3,000-square-foot Design Studio in Coppell, Texas, dedicated to luxury buyers. Located within the Southwestern Design Showroom, the studio showcases realistic room examples, premium materials, and extensive design options. Buyers can work with personal designers to customize their homes, exploring various finishes and materials in spaces like chef-inspired kitchens and signature baths. The studio aims to enhance the home buying experience by offering a curated selection of luxury design options in an immersive environment.