FY2025 Earnings Forecast for GRBK Issued By B. Riley

Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) - Investment analysts at B. Riley issued their FY2025 earnings estimates for Green Brick Partners in a research report issued to clients and investors on Sunday, June 29th. B. Riley analyst R. Seth forecasts that the financial services provider will earn $6.30 per share for the year. B. Riley has a "Hold" rating on the stock. The consensus estimate for Green Brick Partners' current full-year earnings is $8.34 per share.

Green Brick Partners Stock Up 1.0%

NASDAQ:GRBK traded up $0.65 on Wednesday, hitting $65.89. The stock had a trading volume of 285,983 shares, compared to its average volume of 336,245. The company has a market cap of $2.89 billion, a PE ratio of 8.56 and a beta of 1.86. Green Brick Partners has a 52 week low of $50.57 and a 52 week high of $84.66. The business's fifty day moving average is $60.29 and its 200 day moving average is $59.05. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last issued its earnings results on Wednesday, April 30th. The financial services provider reported $1.67 EPS for the quarter, missing the consensus estimate of $1.70 by ($0.03). Green Brick Partners had a net margin of 17.70% and a return on equity of 25.35%. During the same period last year, the company earned $1.82 earnings per share. The business's revenue for the quarter was up 11.2% compared to the same quarter last year.

Hedge Funds Weigh In On Green Brick Partners

A number of large investors have recently modified their holdings of the company. Sterling Capital Management LLC raised its holdings in Green Brick Partners by 758.8% during the fourth quarter. Sterling Capital Management LLC now owns 730 shares of the financial services provider's stock worth $41,000 after buying an additional 645 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of Green Brick Partners during the first quarter worth about $46,000. SBI Securities Co. Ltd. acquired a new stake in shares of Green Brick Partners in the 4th quarter worth about $57,000. Covestor Ltd raised its holdings in shares of Green Brick Partners by 10,460.0% in the 4th quarter. Covestor Ltd now owns 1,584 shares of the financial services provider's stock worth $90,000 after acquiring an additional 1,569 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in Green Brick Partners by 207.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,702 shares of the financial services provider's stock valued at $96,000 after acquiring an additional 1,149 shares in the last quarter. 78.24% of the stock is currently owned by institutional investors.

About Green Brick Partners

Green Brick Partners, Inc is a diversified homebuilding and land development company in the United States. The company operates through three segments: Builder operations Central, Builder operations Southeast, and Land Development. The Builder operations Central segment operates builders in Texas; and the closing and delivery of homes.