Green Brick Partners, Inc. to Join S&P SmallCap 600 Index

Rhea-AI Summary

Green Brick Partners, Inc. (NYSE: GRBK) announced its inclusion in the S&P SmallCap 600 index effective July 20, 2022. The Company, recognized as Fortune Magazine’s fastest-growing public homebuilder in 2021, operates through eight homebuilder brands across five major markets. Its subsidiaries include CB JENI Homes and Normandy Homes in Texas, The Providence Group in Atlanta, and GHO Homes in Florida. Green Brick is involved in all aspects of homebuilding, from land acquisition to sales.

Positive

• Included in the S&P SmallCap 600 index enhances visibility and credibility.
• Recognized as Fortune's fastest-growing public homebuilder in 2021.

Negative

• None.

News Market Reaction

-2.55%

1 alert

-2.55% News Effect

On the day this news was published, GRBK declined 2.55%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

PLANO, Texas, July 18, 2022 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (NYSE: GRBK) (the “Company” or “Green Brick”), Fortune Magazine’s top 20 fastest growing company of 2021 and its fastest growing public homebuilder, announced today that the Company was named for inclusion in the S&P SmallCap 600 index effective on Wednesday, July 20, 2022.

About Green Brick Partners, Inc.
Green Brick Partners, Inc. is a diversified homebuilding and land development company operating through eight homebuilder brands in five major markets. Green Brick owns five subsidiary homebuilders in Texas (CB JENI Homes, Normandy Homes, Southgate Homes, Trophy Signature Homes, and a 90% interest in Centre Living Homes), as well as a controlling interest in a homebuilder in Atlanta, Georgia (The Providence Group) and an 80% interest in a homebuilder in Port St. Lucie, Florida (GHO Homes). Green Brick also owns a noncontrolling interest in Challenger Homes in Colorado Springs, Colorado, and retains interests in related financial services platforms, including Green Brick Title, Green Brick Mortgage, and BHome Mortgage. The Company is engaged in all aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, and sales for its residential neighborhoods and master-planned communities. For more information about Green Brick Partners Inc.’s subsidiary homebuilders, please visit greenbrickpartners.com/homebuilders.

Contact:
Benting Hu
Vice President of Finance
(469) 808-1014
IR@greenbrickpartners.com

FAQ

When was Green Brick Partners included in the S&P SmallCap 600 index?

Green Brick Partners was included in the S&P SmallCap 600 index effective July 20, 2022.

What recognition did Green Brick receive from Fortune Magazine?

Green Brick was named Fortune Magazine’s fastest-growing public homebuilder of 2021.

What markets does Green Brick operate in?

Green Brick operates in five major markets through eight homebuilder brands.

What are some of the homebuilder brands owned by Green Brick?

Homebuilder brands include CB JENI Homes, Normandy Homes, Trophy Signature Homes, and GHO Homes.

What aspects of homebuilding does Green Brick engage in?

Green Brick engages in land acquisition, development, design, construction, marketing, and sales.