PLANO, Texas, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Green Brick Partners, Inc. (Nasdaq: GRBK) (“Green Brick”) is pleased to announce that it has made Fortune’s 2019 list of 100 Fastest Growing Companies in the World.
To qualify for the list, companies must meet a rigorous set of qualifying factors and are then ranked by revenue growth rate, EPS growth rate, and three-year annualized total return for the period ended June 28, 2019. Overall ranks are then determined based on the sum of the three ranks.
Green Brick received the prestigious honor due to a 3-year annual revenue growth rate of 28%, placing the company 54th in the rankings of 3-year revenue growth. The company also reported a 30% EPS 3-year annual growth rate.
“It is an honor to receive such a glowing review from Fortune,” said Jim Brickman, Chief Executive Officer and co-founder of Green Brick Partners. “The first quarter of 2019 proved to be our best first quarter in Green Brick’s history, followed by another strong second quarter. With the launch of our new entry-level homebuilder, Trophy Signature Homes, whom we have dedicated over 1,600 homesites to, coupled with the closing of our 4.0% senior unsecured notes offering through Prudential Private Capital, we are positioned for continued top and bottom line growth in 2020 and beyond.”
Green Brick Partners was only one of two homebuilders in the world to place on the top 100 list. For more information on Green Brick Partners, please visit www.greenbrickpartners.com.
About Green Brick Partners, Inc.:
Green Brick Partners, Inc. (Nasdaq: GRBK) is a diversified homebuilding and land development company. Green Brick owns a controlling interest in five homebuilders in Dallas, Texas (CB JENI Homes, Normandy Homes, Southgate Homes, Centre Living Homes, and Trophy Signature Homes), as well as a homebuilder in Atlanta, Georgia (The Providence Group) and a homebuilder in Port St. Lucie, Florida (GHO Homes). Green Brick also owns a noncontrolling interest in Challenger Homes in Colorado Springs, Colorado and retains interests in related financial services platforms, including Green Brick Title, Providence Group Title, and Green Brick Mortgage. The Company is engaged in all aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, and sales for its residential neighborhoods and master planned communities. For more information about Green Brick Partners Inc.'s homebuilding partners, please visit https://greenbrickpartners.com/team-builders/.
