Green Brick Partners (NASDAQ:GRBK) Target Lowered by B. Riley to $34.00

Green Brick Partners stock has undergone multiple analysts rating changes in the recent past.  stock Target Lowered by B. Riley on 10/12/2021. In a note to investors, the firm issued a new target price of $34.00. The analysts previously had $37.00 target price. B. Riley’s price target would indicate a potential upside of 56.75% from the stock’s previous close.

Shares of traded on monday, reaching $21.52. 73438 shares of the stock traded hands, compared to its average volume of 364137. On monday, Shares of closed at $21.52. The firm’s 50 day moving average is $23.58 and its 200 day moving average is $22.91.  has a 12 month low of $16.70 and a 12 month high of $28.03. While on yearly highs and lows, today has traded high as $21.73 and has touched $21.40 on the downward trend.

Earnings and What to expect: 

Green Brick Partners last announced its quarterly earnings data on August 2nd, 2021. The financial services provider reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.17. The company had revenue of $373.81 million for the quarter, compared to the consensus estimate of $332.39 million. Green Brick Partners has generated $2.24 earnings per share over the last year ($2.79 diluted earnings per share) and currently has a price-to-earnings ratio of 7.8. Earnings for Green Brick Partners are expected to grow by 11.53% in the coming year, from $3.73 to $4.16 per share. Green Brick Partners has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

Earnings for Green Brick Partners are expected to grow by 11.53% in the coming year, from $3.73 to $4.16 per share. The P/E ratio of Green Brick Partners is 7.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.29. The P/E ratio of Green Brick Partners is 7.77, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 13.75. Green Brick Partners has a P/B Ratio of 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

(NASDAQ:GRBK) Moving Average Technical Analysis

5 day Moving Average is $$20.96 And 5 day price change is $1.08 (5.24%)  with average volume for 5 day average is 441,920. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $21.55 and 20 day price change is -$0.93 (-4.11%) and average 20 day moving volume is 406,350. 50 day moving average is $23.58  and 50 day price change is -$3.38 ( -13.48%)  and with average volume for 50 days is : 357,454. 200 day moving average is $22.91  and 200 day price change is -$1.51 (-6.51%)  and with average volume for 200 days is : 674,438.

Other owners latest trading in Green Brick Partners :

  • On 9/10/2021 shares held by Punch & Associates Investment Management Inc. were 1,210,374 which equates to market value of $27.52M and appx 1.60% owners of Green Brick Partners
  • On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 128,216 which equates to market value of $2.92M and appx 0.00% owners of Green Brick Partners
  • On 8/23/2021 shares held by Morgan Stanley were 244,247 which equates to market value of $5.56M and appx 0.00% owners of Green Brick Partners
  • In total Institutional ownership equates to Institutional Ownership Percentage: 82.20% for Green Brick Partners

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