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Green Brick Partners Inc - GRBK STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Green Brick Partners's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Green Brick Partners's position in the market.

Rhea-AI Summary
Meritage Homes and Trophy Signature Homes, a subsidiary of Green Brick Partners, Inc. (NYSE: GRBK), announced the development of Riviera Pines, a new residential community in Huffman, Texas. The project will offer 920 residential lots with one- and two-story single-family homes, ranging from 1,200 to 3,000 square feet. The homes will start in the high $200,000s and feature 3 to 5 bedrooms and 2 to 4 bathrooms. The community will include an amenity center and access to quality education in the Huffman Independent School District.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
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none
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Rhea-AI Summary
Green Brick Partners, Inc. reports record high diluted EPS of $6.14 and total revenues of $1.8 billion for Q4, with net new home orders up 60.5% and debt to total capital at 21.1%. The company's expansion into Houston, Texas and strong performance in Dallas-Fort Worth and Atlanta markets contribute to its success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.65%
Tags
earnings
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Rhea-AI Summary
Green Brick Partners, Inc. and Hersh Family Investments announce Rainwater Crossing, a new residential project in Celina, Texas. The development will feature 1,900 homesites spread across 550 acres with impressive amenities. This marks Green Brick's sixth community in Celina, aiming to enhance residents' quality of life.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.34%
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none
Rhea-AI Summary
U.S. Marine Corps Corporal Neftali “Nef” Mendoza and his family received a newly completed home in Celina, Texas through a partnership between Operation Finally Home, Normandy Homes, and Green Brick Partners, Inc. The Mendozas were surprised with a mortgage-free home, graciously provided by the community and various organizations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.21%
Tags
partnership
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Rhea-AI Summary
Green Brick Partners, Inc. (NYSE: GRBK), the third largest homebuilder in Dallas-Fort Worth, announced the release of its financial results for the fourth quarter ended December 31st, 2023. The company will host an earnings conference call on Friday, March 1st, 2024, to discuss the results. Green Brick was recognized as one of Fortune Magazine’s fastest-growing companies in 2022 and its fastest-growing public homebuilder.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
Tags
earnings
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Rhea-AI Summary
Green Brick Partners, Inc. (NYSE: GRBK) received a 2023 Platinum Safety Partner award from Texas Mutual Insurance Company, recognizing their commitment to workplace safety. Only 200 out of 76,000 policyholders were honored, reflecting Green Brick's outstanding safety record and core value of prioritizing employee health and safety.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
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none
Rhea-AI Summary
The Providence Group (NYSE: GRBK) partners with St. Jude Children’s Research Hospital for the 2024 St. Jude Dream Home in Cumming, Georgia. The home will feature a modern farmhouse elevation with 2,579 square feet of living space. The home's value is estimated to be between $650,000-$700,000, with ticket sales starting in May 2024 and the raffle on August 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
none
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Rhea-AI Summary
Southgate Homes (NYSE: GRBK) introduces new floorplans in The Reserve at Watters in Allen and Painted Tree Lakeside South in McKinney, Texas. The luxury homebuilder, a subsidiary of Green Brick Partners, Inc., has seen significant growth and is listed as one of Fortune Magazine’s fastest growing companies in 2022. The Reserve at Watters in Allen features 124 homesites with prices starting from the low millions, while Painted Tree Lakeside South in McKinney offers 67 homesites with prices starting from the mid-$800s.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
Tags
none
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Rhea-AI Summary
Green Brick Partners, Inc. reported strong financial results for Q3 2023. The company achieved a record high homebuilding gross margin of 33.3%, with Q3 diluted EPS of $1.56 and $4.55 year-to-date. New home orders increased by 95.0% for the quarter and 72.7% year-to-date, and backlog grew by 10.4% year-over-year and 68.7% from the end of 2022. The company's debt to total capital ratio was 21.8%, with a net debt to total capital ratio of 9.0%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.18%
Tags
earnings
Rhea-AI Summary
Green Brick Partners, Inc. announced the promotion of Jed Dolson to President and Chief Operating Officer. Dolson has been with the company since 2010 and has played a key role in its growth. Green Brick has been recognized as one of the fastest growing homebuilders and land development companies in the country. Dolson's strategic and disciplined approach has led to the success of the company and its subsidiary builder brands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
management
Green Brick Partners Inc

NYSE:GRBK

GRBK Rankings

GRBK Stock Data

2.69B
31.12M
7.85%
78.42%
3.07%
New Single-Family Housing Construction (except For-Sale Builders)
Construction
Link
US
Plano

About GRBK

green brick partners, inc. is a publicly traded company listed on the nasdaq capital market under the ticker symbol "grbk"​. green brick partners, inc. invests in a wide range of real estate investments. we develop neighborhoods for our builders and for many of the most well-known, largest, public and private builders in the nation under our green brick communities brand. our mission is to provide expertise and capital to build neighborhoods with timeless, classic architecture interwoven with the latest technological advancements, and in turn provide a superior long term return for our investors, residents, and cities we build in. because we are actively involved in every step of the land entitlement, land development and home construction process with our building partners (the providence group, normandy homes, cb jeni homes, southgate homes, centre living homes) – we are uniquely experienced to optimally master plan and develop complex higher density residential communities.