Green Brick Partners Inc
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Consumer Discretionary : Household Durables | Small Cap Blend
Company profile

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. Builder operations consist of three operating segments: Texas, Georgia, and corporate and other. Corporate operations segment develops and implements strategic initiatives and supports its builder operations and land development by centralizing certain administrative functions, such as finance, treasury, information technology and human resources. The land development segment includes operations related to the acquisition and development of land, which is sold to its controlled builders and third-party homebuilders. As of December 31, 2016, it had owned or controlled over 5,200 home sites in various locations in the Dallas and Atlanta markets.

Closing Price
$21.49
Day's Change
-0.11 (-0.51%)
Bid
--
Ask
--
B/A Size
--
Day's High
22.11
Day's Low
21.20
Volume
(Below Average)
Volume:
345,119

10-day average volume:
430,699
345,119

Nikola is a 'prove me' stock, analyst says

11:03 am ET September 14, 2020 (MarketWatch)
Print

Nikola Corp. (NKLA) stock on Monday looked poised to snap a three-session losing streak, with analyst Dan Ives with Wedbush saying it remains a "prove me" stock and keeping its neutral rating on the shares. Nikola last week traded at its lowest since late July following a scathing report from short seller Hindenburg, which called the company an "intricate fraud." Nikola on Monday provided a more detailed response (http://www.marketwatch.com/story/nikola-fires-off-a-detail-rebuttal-saying-hindenburg-short-seller-report-was-false-and-misleading-2020-09-14)to the short seller's report, calling it "false and misleading." For Ives, Nikola "is a story stock now and its all about execution looking ahead through 2023." If the company can build out its Arizona factory, turn prototypes into models, and build its its charging network, then the opportunity is "massive." However, "clearly there is much wood to chop to get there over the next 12 to 18 months," the analyst said. Shares of Nikola were recently up more than 4%, and they have gained 223% so far this year, compared with gains around 5% for the S&P 500 index .

-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 14, 2020 11:03 ET (15:03 GMT)

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