J.P. Morgan analyst Michael Rehaut maintained a Hold rating on Green Brick Partners (NASDAQ:GRBK) on Thursday, setting a price target of $26.5, which is approximately 1.30% below the present share price of $26.85.
Rehaut expects Green Brick Partners to post earnings per share (EPS) of $0.96 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Green Brick Partners, with an average price target of $30.17.
The analysts price targets range from a high of $34 to a low of $26.5.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $342.34 million and a net profit of $57.63 million. The company's market cap is $1.36 billion.
According to TipRanks.com, J.P. Morgan analyst Michael Rehaut is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.9% and a 57.08% success rate.
Green Brick Partners, Inc. engages in residential land development and homebuilding. It operates through the Builder Operations and Land Development segments. The Builder Operations segment consists of the Builder operations Southeast and Builder operations Central segments. It offers customization options and builds energy-efficient homes located in the metropolitan areas of Dallas, Texas, and Atlanta, Georgia. The Land Development segment sells finished lots or option lots from third-party developers to their controlled builders for homebuilding operations and provide them with construction financing and strategic planning. The company was founded by James R. Brickman on April 11, 2006 and is headquartered in Plano, TX.