Buy, Sell or Hold? before and after EPS results Green Brick Partners (NASDAQ:GRBK)

Earnings results for Green Brick Partners (NASDAQ:GRBK)

Green Brick Partners last announced its quarterly earnings data on March 9th, 2021. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by $0.05. The company earned $254.10 million during the quarter, compared to the consensus estimate of $256.20 million. Green Brick Partners has generated $1.16 earnings per share over the last year and currently has a price-to-earnings ratio of 13.2. Green Brick Partners has confirmed that its next quarterly earnings report will be published on Tuesday, May 4th, 2021. Green Brick Partners will be holding an earnings conference call on Tuesday, May 4th. Interested parties can register for or listen to the call using this link.

Analyst Opinion on Green Brick Partners (NASDAQ:GRBK)

4 Wall Street analysts have issued ratings and price targets for Green Brick Partners in the last 12 months. Their average twelve-month price target is $28.25, predicting that the stock has a possible upside of 9.45%. The high price target for GRBK is $31.00 and the low price target for GRBK is $24.00. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Green Brick Partners has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $28.25, Green Brick Partners has a forecasted upside of 9.5% from its current price of $25.81. Green Brick Partners has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Green Brick Partners (NASDAQ:GRBK)

Green Brick Partners does not currently pay a dividend. Green Brick Partners does not have a long track record of dividend growth.

Insiders buying/selling: Green Brick Partners (NASDAQ:GRBK)

In the past three months, Green Brick Partners insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $220,000.00 in company stock and sold $0.00 in company stock. 53.10% of the stock of Green Brick Partners is held by insiders. A high percentage of insider ownership can be a sign of company health. 84.75% of the stock of Green Brick Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Green Brick Partners (NASDAQ:GRBK

Earnings for Green Brick Partners are expected to grow by 23.14% in the coming year, from $2.29 to $2.82 per share. The P/E ratio of Green Brick Partners is 13.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.67. The P/E ratio of Green Brick Partners is 13.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.04. Green Brick Partners has a P/B Ratio of 2.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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