Welcome to our dedicated page for Green Brick Partners news (Ticker: GRBK), a resource for investors and traders seeking the latest updates and insights on Green Brick Partners stock.
News about Green Brick Partners, Inc. (NYSE: GRBK) centers on its role as a diversified homebuilding and land development company with operations in Texas, Georgia, and Florida. Company press releases and Form 8-K filings provide regular updates on quarterly financial and operational results, including new homes delivered, home closings revenue, homebuilding gross margins, net new home orders, backlog, and capital structure developments.
Investors following GRBK news will see detailed earnings announcements that discuss revenue, gross profit, net income attributable to Green Brick, and metrics such as average sales price of homes delivered, cancellation rates, absorption rates per community, and the number of active selling communities. Management commentary often focuses on land acquisition and self-development, infill and infill-adjacent locations, and the company’s approach to maintaining homebuilding gross margins.
News coverage also includes updates on Green Brick’s capital markets activity and financing arrangements. Examples from recent filings and releases include information on amendments to the company’s revolving credit facility, total commitments under that facility, and board-authorized share repurchase programs. Announcements regarding dividends on the company’s 5.75% Series A Cumulative Perpetual Preferred Stock and the trading of Series A Depositary Shares (NYSE: GRBK.PRA) are also disclosed through news and 8-K filings.
Beyond corporate-level news, Green Brick’s subsidiary builders generate frequent updates about new community openings, model home unveilings, and recognition in local awards. Releases from brands such as Trophy Signature Homes and Southgate Homes describe new residential communities, amenity offerings, and industry awards in markets like Dallas–Fort Worth and other Texas cities. Together, these items provide a view into Green Brick’s ongoing development activity and its presence in key housing markets.
This news page aggregates these announcements, offering a centralized view of Green Brick Partners’ earnings releases, operational updates, financing developments, and subsidiary-level community and award news for users tracking the GRBK stock and its homebuilding activities.
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.
Green Brick Partners (NYSE: GRBK) reported record third quarter 2024 results with home closings revenue of $523M, up 25.7% year-over-year. The company delivered 956 homes with an average selling price of $546,900. Diluted EPS increased 27% to $1.98, while year-to-date diluted EPS grew 34.5% to $6.12. Net new orders increased 11.3% to 877 units. The company maintained strong margins with a homebuilding gross margin of 32.7%. Trophy Signature Homes represented 52% of total sales in Q3, up from 41% in the previous year. Active selling communities and homes under construction increased 23% and 21% year-over-year, respectively.