Greystone Housing Impact Investors (GHI) to Release Earnings on Wednesday

Greystone Housing Impact Investors (NYSE:GHI) will release its earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.24 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Greystone Housing Impact Investors (NYSE:GHI) last announced its quarterly earnings results on Thursday, February 22nd. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.92). The firm had revenue of $25.19 million for the quarter, compared to analyst estimates of $26.00 million. Greystone Housing Impact Investors had a net margin of 51.49% and a return on equity of 13.73%. On average, analysts expect Greystone Housing Impact Investors to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Greystone Housing Impact Investors Stock Up 0.4 %

GHI stock opened at $15.67 on Tuesday. Greystone Housing Impact Investors has a one year low of $14.49 and a one year high of $17.55. The company has a debt-to-equity ratio of 3.01, a quick ratio of 15.26 and a current ratio of 15.26. The firm has a market cap of $360.77 million, a PE ratio of 7.57 and a beta of 0.65. The firm’s 50 day moving average price is $15.98 and its 200-day moving average price is $16.39.

Greystone Housing Impact Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Thursday, March 28th were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 9.44%. The ex-dividend date was Wednesday, March 27th. Greystone Housing Impact Investors’s payout ratio is 71.50%.

Wall Street Analyst Weigh In

Separately, Jonestrading restated a “buy” rating and issued a $20.00 price target on shares of Greystone Housing Impact Investors in a research note on Friday, March 1st.

Greystone Housing Impact Investors Company Profile

Greystone Housing Impact Investors LP acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction and/or permanent financing for multifamily, student, and senior citizen housing; skilled nursing properties; and commercial properties in the United States.