Alert: Positive Investment/Fundamental Signals (6/21/24)-Green Brick Partners Inc (NYSE: GRBK)

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Recent extremely meaningful positive changes in investment behavior have benefitted Green Brick Partners Inc (NYSE: GRBK): the stock rose on very heavy volume, and its shorter term price trend turned up.

Green Brick Partners Inc (NYSE: GRBK) has recently enjoyed notable positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, GRBK is expected to continue to be an important Value Builder.

Green Brick Partners has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Green Brick Partners has a good Appreciation Score of 82 and a very high Power Rating of 94, leading to the Highest Value Trend Rating.

Recent Price Action

On 6/21/24, Green Brick Partners Inc (NYSE: GRBK) stock rose slightly by 0.2%, closing at $57.04. Moreover, this advance was accompanied by exceptionally high trading volume at 814% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 0.6% during the last week.

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