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

Greystone Housing Impact Investors (NYSE:GHI) is expected to release its earnings data after the market closes on Thursday, February 20th. Analysts expect Greystone Housing Impact Investors to post earnings of $0.28 per share and revenue of $26.02 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Greystone Housing Impact Investors Price Performance

GHI stock opened at $12.84 on Wednesday. The company has a quick ratio of 10.78, a current ratio of 10.78 and a debt-to-equity ratio of 3.36. Greystone Housing Impact Investors has a 12 month low of $10.12 and a 12 month high of $16.89. The firm has a market cap of $299.04 million, a P/E ratio of 20.74 and a beta of 0.73. The company’s 50-day moving average price is $11.59 and its two-hundred day moving average price is $12.52.

Greystone Housing Impact Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were paid a $0.37 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 11.53%. Greystone Housing Impact Investors’s payout ratio is currently 239.10%.

Wall Street Analyst Weigh In

Separately, JMP Securities reduced their price target on shares of Greystone Housing Impact Investors from $19.00 to $17.50 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th.

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.