Texas Capital Securities downgrades Green Brick Partners stock rating to Hold

Investing.com - Texas Capital Securities downgraded Green Brick Partners (NYSE:GRBK) from Buy to Hold on Thursday, maintaining a price target of $71.00. The stock, which has declined nearly 10% over the past week, maintains a "GREAT" financial health score according to InvestingPro analysis.

The downgrade comes despite expectations for favorable Federal Reserve rate cuts, with the research firm citing Green Brick Partners’ geographic exposure as a potential challenge.

Texas Capital Securities specifically noted that the homebuilder’s "notable exposure to softer markets in TX" could restrain deliveries in the near term.

The firm maintained its price target of $71.00, representing a multiple of 1.8x price-to-tangible book value.

Green Brick Partners is scheduled to announce its third-quarter 2025 financial results on October 29, after market close. For deeper insights into GRBK’s valuation and 10+ additional ProTips, visit InvestingPro, where you’ll find comprehensive analysis and the detailed Pro Research Report.

In other recent news, Green Brick Partners Inc. reported its second-quarter 2025 earnings, which did not meet market expectations. The company’s earnings per share (EPS) came in at $1.85, below the forecasted $2.08, and its revenue reached $549.15 million, missing the anticipated $559.95 million. Additionally, James Hardie Building Products Inc., a subsidiary of James Hardie Industries, announced the renewal of its exclusive agreement with Green Brick Partners. This agreement extends for three additional years through 2028, ensuring that Hardie siding and trim products remain the exclusive choice for new developments by Green Brick Partners. The partnership covers homebuilding subsidiaries in Texas, Georgia, and Florida. These developments reflect recent activities concerning Green Brick Partners.

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