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Green Brick Partners (GRBK)
NYSE:GRBK
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.01Last Year’s EPS
2.32Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: 1.98%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a strong performance in terms of record-breaking revenue and home closings, along with strategic expansions and a solid financial position. However, challenges such as a decline in gross margins, economic uncertainties, and a decrease in net income and EPS present some concerns. While the highlights are significant, the lowlights indicate notable challenges that balance the overall outlook.Company Guidance
During Green Brick Partners' first-quarter 2025 earnings call, the company reported robust financial performance despite economic headwinds. They closed 910 homes, with home closings revenue rising 11.8% year-over-year to $495 million, marking a record for any first quarter. The company achieved a leading homebuilding gross margin of 31.2%, while net income attributable to Green Brick was $75 million, with diluted EPS at $1.67. The book value per share increased by 25% year-over-year to $37.09, and net new home orders totaled 1,106, breaking previous records by 2.2%. In terms of financial strategy, Green Brick maintained a total debt-to-capital ratio of 14.5% and a net debt-to-capital ratio of 9.8%, with a total deployable capital of over $430 million. The first quarter also saw the authorization of $100 million in share buybacks, with $38.3 million repurchased through April. The company plans to invest approximately $300 million in land development throughout the year, reflecting their strategic focus on high-quality assets in desirable locations. Despite challenges like high interest rates and tariffs, Green Brick remains optimistic about long-term market opportunities, driven by household formation among Millennials and Gen Z, along with an undersupplied housing market.Record-Breaking Revenue and Home Closings
Home closings revenue increased by 11.8% year-over-year to $495 million, setting a record for any first quarter in company history. Home closings increased by 10.8% to 910 units.
Strong Net New Home Orders
Net new home orders grew by 3.3% year-over-year to 1,106, a new company record.
Solid Financial Position
The company's total debt-to-capital ratio stood at only 14.5%, and net debt to total capital was 9.8%, providing flexibility to navigate market conditions.
Expansion into Houston Market
Green Brick Partners is expanding its Trophy brand into Houston, with the first community expected to open in the fall.
Strong Backlog and Ending Community Count
Ending backlog value increased by 29% sequentially to $594 million, and the community count increased by 5% year-over-year to 103.
GRBK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GRBK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | $58.99 | $58.32 | -1.14% |
Feb 26, 2025 | $57.84 | $61.20 | +5.81% |
Oct 30, 2024 | $76.15 | $69.01 | -9.38% |
Jul 31, 2024 | $73.15 | $72.88 | -0.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Green Brick Partners (GRBK) report earnings?
Green Brick Partners (GRBK) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Green Brick Partners (GRBK) earnings time?
Green Brick Partners (GRBK) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GRBK EPS forecast?
GRBK EPS forecast for the fiscal quarter 2025 (Q2) is 2.01.