GP

Green Brick Partners

GRBK
NYSEConsumer Discretionary
$72.19
USD
-0.85(-1.16%)
At close: Jun 12, 20:00 UTC

Open

$72.66

Prev. Close

$72.67

High

$72.66

Low

$72.20

Market Snapshot

Market Cap

$3.12B

P/E Ratio

10.4

EPS

8.50

Revenue

$2.1B

Employees

620

Why GRBK moved

Green Brick Partners benefited from new U.S. housing legislation aimed at limiting institutional homebuyer purchases, positively impacting their market position in the residential construction industry.

About

Green Brick Partners, Inc. is a homebuilding and land development company, which engages in acquiring and developing land, and building homes. The company is headquartered in Plano, Texas and currently employs 620 full-time employees. The company went IPO on 2007-06-19. The firm is engaged in all aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, title and mortgage services, marketing and sales and the creation of brand images at its residential neighborhoods and master planned communities. The firm operates through three segments: Builder operations Central, Builder operations Southeast, and Land Development. The Builder operations Central segment represents operations by its builders in Texas. The Builder operations Southeast segment represents operations by its builders in Georgia and Florida. The Land Development segment acquires land for the development of residential lots that are transferred to its controlled builders or sold to third party homebuilders. Its homebuilding projects include single family homes, townhomes, condos, luxury homes, and patio homes.

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