On 02 April 2020, Green Brick Partners, Inc. (NASDAQ: GRBK) changed -6.50% to recent value of $6.91. The stock transacted 119756 shares during most recent day however it has an average volume of 134.24K shares. It spotted trading -47.17% off 52-week high price. On the other end, the stock has been noted 22.07% away from the low price over the last 52-weeks.

Green Brick Partners, Inc. (GRBK) recently stated results for its fourth quarter and year ended December 31, 2019.

Results for the Fourth Quarter Ended December 31, 2019:

For the quarter ended December 31, 2019, basic net income attributable to Green Brick per ordinary share (“EPS”), total revenue, residential units revenue, gross profit, and homes under construction all reflect a record for any quarter, as detailed below.

EPS for the three months ended December 31, 2019 was $0.32, a 23.1% increase contrast to the quarterly earnings of $0.26 for the three months ended December 31, 2018.

For the three months ended December 31, 2019, total revenue was $230.1M, a raise of 24.3% contrast to $185.1M for the three months ended December 31, 2018; gross profit was $48.7M, a raise of 11.1% contrast to $43.8M for the three months ended December 31, 2018; and net income attributable to Green Brick was $15.9M, a raise of 19.2% contrast to $13.4M for the three months ended December 31, 2018.

Residential units revenue for the three months ended December 31, 2019 was $223.3M, a raise of 29.8% contrast to $172.0M for the three months ended December 31, 2018. Land and lots revenue for the three months ended December 31, 2019 was $6.9M, a decrease of 47.8% contrast to $13.1M for the three months ended December 31, 2018.

The dollar value of backlog units as of December 31, 2019 was $346.8M, a raise of 31.2% contrast to $264.3M as of December 31, 2018.

Average active selling communities increased from 76 communities for the quarter ended December 31, 2018 to 90 communities for the quarter ended December 31, 2019, a raise of 18.4%.

Homes under construction increased to 1,297 as of December 31, 2019, a 15.1% increase contrast to 1,127 as of December 31, 2018.

Results for the Twelve Months Ended December 31, 2019:

EPS for the twelve months ended December 31, 2019 was $1.16, a raise of 13.7% contrast to $1.02 for the twelve months ended December 31, 2018.

For the twelve months ended December 31, 2019, total revenue was $791.7M, a raise of 26.9% contrast to $623.6M for the twelve months ended December 31, 2018; gross profit was $169.1M, a raise of 9.6%, contrast to $154.2M for the twelve months ended December 31, 2018; and net income attributable to Green Brick was $58.7M, a raise of 13.6% contrast to $51.6M for the twelve months ended December 31, 2018.

Residential units revenue for the twelve months ended December 31, 2019 was $759.8M, a record for any twelve-month period and a raise of 31.3% contrast to $578.9M for the twelve months ended December 31, 2018. Land and lots revenue for the twelve months ended December 31, 2019 was $31.8M, a decrease of 28.9% contrast to $44.8M for the twelve months ended December 31, 2018.

GRBK has a gross margin of 21.40% and an operating margin of 8.30% while its profit margin remained 7.40% for the last 12 months. Its earnings per share (EPS) expected to touch remained 13.90% for this year while earning per share for the next 5-years is expected to reach at 1.72%.  The company has 56.77M of outstanding shares and 47.92M shares were floated in the market. The price moved ahead of -10.58% from the mean of 20 days, -32.59% from mean of 50 days SMA and performed -32.79% from mean of 200 days price. Company’s performance for the week was -17.74%, -38.41% for month and YTD performance remained -39.81%.

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