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

Greystone Housing Impact Investors (NYSE:GHI) is set to release its earnings data after the market closes on Wednesday, November 6th. Analysts expect Greystone Housing Impact Investors to post earnings of $0.20 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Greystone Housing Impact Investors (NYSE:GHI) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.15). The company had revenue of $21.97 million for the quarter, compared to the consensus estimate of $25.57 million. Greystone Housing Impact Investors had a net margin of 32.12% and a return on equity of 6.90%. During the same quarter in the previous year, the company posted $0.85 EPS. 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 Price Performance

GHI opened at $12.32 on Monday. The firm has a market cap of $286.93 million, a P/E ratio of 9.96 and a beta of 0.70. The firm has a 50-day moving average of $13.52 and a 200 day moving average of $14.36. The company has a debt-to-equity ratio of 3.36, a quick ratio of 13.29 and a current ratio of 13.29. Greystone Housing Impact Investors has a fifty-two week low of $11.94 and a fifty-two week high of $17.55.

Greystone Housing Impact Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Monday, September 30th were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 12.01%. The ex-dividend date was Monday, September 30th. Greystone Housing Impact Investors’s dividend payout ratio (DPR) is presently 119.61%.

Analyst Ratings Changes

Several equities research analysts have commented on GHI shares. Janney Montgomery Scott started coverage on shares of Greystone Housing Impact Investors in a report on Thursday, August 1st. They set a “buy” rating and a $17.00 price objective on the stock. Raymond James dropped their price objective on shares of Greystone Housing Impact Investors from $18.50 to $17.50 and set an “outperform” rating on the stock in a report on Monday, August 12th.

About Greystone Housing Impact Investors

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.