Green Brick Partners: A Bullish Update

Nov. 08, 2021 7:37 AM ETGreen Brick Partners, Inc. (GRBK)7 Comments
Alex Galanis profile picture
Alex Galanis
587 Followers

Summary

  • Q3 2021 results are in and point to a sustainable growth trajectory.
  • Green Brick has improved gross margins to 26% and grown its top and bottom-line at impressive rates.
  • Valuation multiples still offer investors a great deal.

real estate concept, choose house to buy

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Thesis

In a previous article, about nine months ago, I detailed the reasons why I believed Green Brick Partners (NYSE:GRBK) presented an excellent investment opportunity, being a high-quality, promising small-cap homebuilder trading at a discount. Since

Green Brick Partners vs SPY
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GRBK stock valuation
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This article was written by

Alex Galanis profile picture
587 Followers
Financial Analyst, interested in U.S equities, examining Growth, Dividend Growth and Value Investment opportunities, as well as ETFs.  Accounting and Finance Graduate. CFA level I candidate.

Disclosure: I/we have a beneficial long position in the shares of GRBK either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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