Green Brick Partners (GRBK) Getting Somewhat Favorable Press Coverage, Accern Reports

News stories about Green Brick Partners (NASDAQ:GRBK) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Green Brick Partners earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 46.7043237551648 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

NASDAQ:GRBK opened at $10.30 on Thursday. Green Brick Partners has a 12 month low of $8.90 and a 12 month high of $12.50. The company has a market capitalization of $530.02 million, a PE ratio of 8.71 and a beta of 1.46.

Green Brick Partners (NASDAQ:GRBK) last released its quarterly earnings results on Monday, August 6th. The financial services provider reported $0.41 EPS for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.14. Green Brick Partners had a net margin of 5.09% and a return on equity of 13.67%. The company had revenue of $155.01 million for the quarter.

GRBK has been the topic of several recent research reports. BidaskClub lowered shares of Green Brick Partners from a “buy” rating to a “hold” rating in a research report on Tuesday, June 26th. Citigroup raised their price objective on shares of Green Brick Partners from $11.50 to $13.00 and gave the company a “neutral” rating in a research report on Wednesday, June 20th.

In other news, CAO Summer Loveland purchased 5,300 shares of the company’s stock in a transaction dated Wednesday, June 27th. The shares were bought at an average price of $9.47 per share, with a total value of $50,191.00. Following the completion of the transaction, the chief accounting officer now directly owns 5,300 shares in the company, valued at approximately $50,191. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CFO Richard Arthur Costello purchased 6,000 shares of the company’s stock in a transaction dated Wednesday, June 27th. The stock was purchased at an average cost of $9.40 per share, for a total transaction of $56,400.00. Following the transaction, the chief financial officer now owns 37,514 shares of the company’s stock, valued at $352,631.60. The disclosure for this purchase can be found here. In the last three months, insiders bought 60,900 shares of company stock worth $577,111. Insiders own 52.00% of the company’s stock.

Green Brick Partners Company Profile

Green Brick Partners, Inc operates as a homebuilding and land development company in the United States. It operates in Builder Operations and Land Development segments. The company is involved in the land acquisition and development, entitlements, design, construction, marketing, and sale of townhomes, single family, and luxury homes in residential neighborhoods and master planned communities; development and sale of lots for public and large private builders; and land and construction financing business.

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Insider Buying and Selling by Quarter for Green Brick Partners (NASDAQ:GRBK)

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