secwatch.observer — SEC 8-K summary
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Issuer:     Green Brick Partners, Inc. (GRBK)
CIK:        0001373670
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001373670-24-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Brick Q1 record EPS $1.82, up 32.8%; homebuilding margin 33.4% (record)
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- Diluted EPS of $1.82 (record for Q1), up 32.8% YoY; net income $83.3M.
- Homebuilding gross margin 33.4% (record), up 580 bps YoY; total revenues $447.3M.
- Net new home orders 1,071 (second highest quarterly); backlog $725M, up 31.8% YoY.
- Debt to total capital 18.3% (down 550 bps YoY); net debt to capital 8.2%.
- Quarterly dividend on Series A Preferred: $0.35938 per depositary share, payable June 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1373670/000137367024000042/0001373670-24-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1373670/000137367024000042/grbk-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001373670-24-000042

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