Green Brick Partners is a homebuilding and land development company. Co. acquires and develops land and builds homes through its builders. Co. also owns a noncontrolling interest in a builder in Colorado Springs, CO. Co. is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, title and mortgage services, marketing and sales and the creation of brand images at its residential neighborhoods and communities. Co. sells finished lots to its subsidiary builders or option lots from third-party developers for its builders' homebuilding operations and provides them with construction funding and strategic planning. We show 44 historical shares outstanding datapoints in our GRBK shares outstanding history coverage, used to compute GRBK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GRBK market cap history over the course of time is important for investors
interested in comparing GRBK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of GRBK versus a peer is one thing; comparing
GRBK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like GRBK can fluctuate over the course of history.
With this page we aim to empower investors researching GRBK by allowing them to research the GRBK market cap history. |
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Video: The Importance of Market Cap
