Somewhat Positive Press Coverage Somewhat Unlikely to Affect Green Brick Partners (GRBK) Stock Price
Media stories about Green Brick Partners (NASDAQ:GRBK) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Green Brick Partners earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 47.4045851763663 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.
Green Brick Partners (NASDAQ GRBK) traded up 1.60% on Thursday, hitting $9.55. 30,228 shares of the stock traded hands. The stock has a market cap of $468.97 million, a price-to-earnings ratio of 16.81 and a beta of 1.84. Green Brick Partners has a 52-week low of $7.50 and a 52-week high of $12.10. The company’s 50 day moving average price is $10.80 and its 200-day moving average price is $10.33.
Green Brick Partners (NASDAQ:GRBK) last announced its quarterly earnings results on Monday, August 7th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.09. The company had revenue of $104.95 million for the quarter, compared to the consensus estimate of $115.23 million. Green Brick Partners had a net margin of 6.69% and a return on equity of 11.30%. Green Brick Partners’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 EPS. On average, analysts forecast that Green Brick Partners will post $0.66 earnings per share for the current fiscal year.
Several research analysts have recently weighed in on GRBK shares. TheStreet raised shares of Green Brick Partners from a “c+” rating to a “b” rating in a report on Thursday, August 17th. BidaskClub raised shares of Green Brick Partners from a “hold” rating to a “buy” rating in a report on Thursday, July 6th.
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About Green Brick Partners
Green Brick Partners, Inc operates in the real estate industry. The Company operates through two segments. The builder operations segment includes its controlled builders results, which include building and selling single-family detached homes and townhomes that are designed and built to meet local customer preferences, and the sale of lots.
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