Professional
Added to YB: 2025-06-25
Pitch date: 2025-06-11
GRBK [bullish]
Green Brick Partners, Inc.
+26.69%
current return
Author Info
No bio for this author
Company Info
Green Brick Partners, Inc (NYSE: GRBK), the third largest homebuilder in Dallas-Fort Worth, is a diversified homebuilding and land development company that operates in Texas, Georgia, and Florida.
Market Cap
$3.1B
Pitch Price
$60.24
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.29
P/E
9.06
EV/Sales
1.59
Sector
Household Durables
Category
growth
Green Brick Partners, Inc. Investment Thesis
GRBK: Homebuilder with land-light model posting 34% gross margins vs 25% peer avg. Uses Texas public financing to recover 70%+ development costs. Owns 10yr lot supply supporting 25%+ units CAGR & 40% IRR through 2029. Trades at just 7x P/E despite 34% TSR since 2019 & low leverage.
Read full article (30 min)