Green Brick PartnersGRBK
Market Cap: $3.55B
About: Green Brick Partners Inc is a homebuilding and land development company. It acquires and develops land, as well as provides land and construction financing to its controlled builders. The company has three reportable segments: builder operations central, builder operations southeast, and land development. The majority of the company's revenue is generated from the builder operations central segment which is entirely the operations of builders in Texas. The company is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, sales, and brand image creation. In addition to homebuilding, the company provides home financing services, such as mortgage and title, through its subsidiaries.
Employees: 600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
43% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 74
25% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]
15% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 39
2% more funds holding
Funds holding: 257 [Q1] → 263 (+6) [Q2]
0.7% less ownership
Funds ownership: 78.97% [Q1] → 78.28% (-0.7%) [Q2]
6% less capital invested
Capital invested by funds: $2.14B [Q1] → $2.01B (-$124M) [Q2]
43% less call options, than puts
Call options by funds: $3.47M | Put options by funds: $6.08M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
B. Riley Securities Alex Rygiel 60% 1-year accuracy 18 / 30 met price target | 2%downside $78 | Neutral Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 5 articles about GRBK published over the past 30 days