BTIG analyst Carl Reichardt maintained a Hold rating on Green Brick Partners (GRBK – Research Report) on December 28. The company’s shares closed last Friday at $51.94.
Reichardt covers the Consumer Cyclical sector, focusing on stocks such as DR Horton, PulteGroup, and Lennar. According to TipRanks, Reichardt has an average return of 18.9% and a 64.42% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Green Brick Partners with a $51.00 average price target.
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GRBK market cap is currently $2.36B and has a P/E ratio of 9.05.
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GRBK in relation to earlier this year.
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Green Brick Partners (GRBK) Company Description:
Green Brick Partners, Inc. engages in residential land development and homebuilding. It operates through the Builder Operations and Land Development segments. The Builder Operations segment consists of the Builder operations Southeast and Builder operations Central segments. It offers customization options and builds energy-efficient homes located in the metropolitan areas of Dallas, Texas, and Atlanta, Georgia. The Land Development segment sells finished lots or option lots from third-party developers to their controlled builders for homebuilding operations and provide them with construction financing and strategic planning. The company was founded by James R. Brickman on April 11, 2006 and is headquartered in Plano, TX.
Read More on GRBK:
- Green Brick Partners, Inc. Receives Platinum Safety Partner Award from Texas Mutual
- The Providence Group Joins Again with St. Jude Children’s Research Hospital to Build the Atlanta 2024 St. Jude Dream Home
- Southgate Homes opens new luxury communities in Allen and McKinney, Texas
- Greenlight Capital buys DHT, exits Capri in Q3
- Green Brick price target lowered to $51 from $60 at B. Riley
