Should I buy or sell Greystone Housing Impact Investors stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Greystone Housing Impact Investors in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GHI shares. View GHI analyst ratings or view top-rated stocks .

What is Greystone Housing Impact Investors' stock price target for 2024?

2 Wall Street research analysts have issued 1-year target prices for Greystone Housing Impact Investors' shares. Their GHI share price targets range from $19.00 to $20.00. On average, they anticipate the company's stock price to reach $19.33 in the next twelve months. This suggests a possible upside of 26.5% from the stock's current price. View analysts price targets for GHI or view top-rated stocks among Wall Street analysts .

How have GHI shares performed in 2024?

Greystone Housing Impact Investors' stock was trading at $16.79 at the start of the year. Since then, GHI shares have decreased by 9.0% and is now trading at $15.28. View the best growth stocks for 2024 here .

Are investors shorting Greystone Housing Impact Investors?

Greystone Housing Impact Investors saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 23,700 shares, a drop of 25.5% from the March 15th total of 31,800 shares. Based on an average daily volume of 39,700 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the company's stock are sold short. View Greystone Housing Impact Investors' Short Interest .

When is Greystone Housing Impact Investors' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our GHI earnings forecast .

How were Greystone Housing Impact Investors' earnings last quarter?

Greystone Housing Impact Investors LP (NYSE:GHI) posted its quarterly earnings data on Thursday, February, 22nd. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.80 by $0.92. The business earned $25.19 million during the quarter, compared to analysts' expectations of $26 million. Greystone Housing Impact Investors had a net margin of 51.49% and a trailing twelve-month return on equity of 13.73%.

How often does Greystone Housing Impact Investors pay dividends? What is the dividend yield for Greystone Housing Impact Investors?

Greystone Housing Impact Investors declared a quarterly dividend on Wednesday, March 13th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.37 per share on Tuesday, April 30th. This represents a $1.48 dividend on an annualized basis and a yield of 9.69%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for GHI .

Is Greystone Housing Impact Investors a good dividend stock?

Greystone Housing Impact Investors (NYSE:GHI) pays an annual dividend of $1.48 per share and currently has a dividend yield of 9.70%. GHI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 71.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, GHI will have a dividend payout ratio of 96.73% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for GHI .

How do I buy shares of Greystone Housing Impact Investors?

Shares of GHI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:GHI

Greystone Housing Impact Investors (GHI) Stock Price, News & Analysis

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Free GHI Stock Alerts

$15.28

+0.02 (+0.13%)

(As of 04/15/2024 ET)

Compare

Today's Range: $15.25
▼
$15.32
50-Day Range: $15.25
▼
$16.84
52-Week Range: $14.56
▼
$17.80

Volume: 24,514 shs
Average Volume: 39,039 shs
Market Capitalization: $351.75 million

P/E Ratio: 7.38
Dividend Yield: 9.69%
Price Target: $19.33

Get Greystone Housing Impact Investors alerts:

Greystone Housing Impact Investors MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 26.5% Upside
$19.33 Price Target
Short Interest: Healthy
0.10% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.00
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.52%
From $1.45 to $1.53 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.06 out of 5 stars

Finance Sector

329th out of 873 stocks

Nondepository Credit Institutions Industry

8th out of 44 stocks

3.5

Analyst's Opinion

Consensus Rating
Greystone Housing Impact Investors has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Greystone Housing Impact Investors has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.10% of the float of Greystone Housing Impact Investors has been sold short.
Short Interest Ratio / Days to Cover
Greystone Housing Impact Investors has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Greystone Housing Impact Investors has recently decreased by 25.47%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Greystone Housing Impact Investors is a leading dividend payer. It pays a dividend yield of 9.70%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Greystone Housing Impact Investors has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Greystone Housing Impact Investors is 71.45%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, Greystone Housing Impact Investors will have a dividend payout ratio of 96.73% in the coming year. This indicates that Greystone Housing Impact Investors may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GHI.

3.9

News and Social Media Coverage

News Sentiment
Greystone Housing Impact Investors has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Greystone Housing Impact Investors this week, compared to 1 article on an average week.
Search Interest
2 people have searched for GHI on MarketBeat in the last 30 days.
MarketBeat Follows
5 people have added Greystone Housing Impact Investors to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Greystone Housing Impact Investors insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.30% of the stock of Greystone Housing Impact Investors is held by insiders.
Percentage Held by Institutions
Only 9.01% of the stock of Greystone Housing Impact Investors is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Greystone Housing Impact Investors are expected to grow by 5.52% in the coming year, from $1.45 to $1.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Greystone Housing Impact Investors is 7.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Greystone Housing Impact Investors is 7.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.38.
Price to Book Value per Share Ratio
Greystone Housing Impact Investors has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Greystone Housing Impact Investors Stock (NYSE:GHI)

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. The company operates in four segments: Affordable Multifamily MRB Investments; Seniors and Skilled Nursing MRB Investments; MF Properties; Market-Rate Joint Venture Investments. It also invests in governmental issuer loans. The company was formerly known as America First Multifamily Investors, L.P. and changed its name to Greystone Housing Impact Investors LP in December 2022. Greystone Housing Impact Investors LP was incorporated in 1998 and is based in Omaha, Nebraska.

GHI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GHI Stock News Headlines

April 15, 2024 | seekingalpha.com

Greystone Housing: 9.6% Tax Advantaged Yield, Where We Would Buy

March 13, 2024 | globenewswire.com

Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution and Supplemental BUCs Distribution

April 16, 2024 | InvestorPlace (Ad)

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March 12, 2024 | benzinga.com

Thriving with Robust Performance: Radian Group Delivers Growing Profits to Investors

March 6, 2024 | globenewswire.com

Greystone Housing Impact Investors LP Increases Line of Credit to $50 Million

March 4, 2024 | globenewswire.com

Greystone Housing Impact Investors Files Form 10-K and Issues Investor Schedule K-1s

February 24, 2024 | uk.finance.yahoo.com

Greystone Housing Impact Investors Full Year 2023 Earnings: Misses Expectations

February 23, 2024 | markets.businessinsider.com

Analysts Offer Insights on Financial Companies: Root (ROOT), Greystone Housing Impact Investors (GHI) and Blue Owl Capital (OBDC)

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

February 23, 2024 | finance.yahoo.com

Greystone Housing Impact Investors LP (NYSE:GHI) Q4 2023 Earnings Call Transcript

February 23, 2024 | finance.yahoo.com

Q4 2023 Greystone Housing Impact Investors LP Earnings Call

February 22, 2024 | finance.yahoo.com

Greystone Housing Impact Investors LP Reports Solid Earnings for Q4 and Full Year 2023

February 22, 2024 | msn.com

Greystone Housing Impact GAAP EPS of $0.24, revenue of $25.18M

February 22, 2024 | finance.yahoo.com

Greystone Housing Impact Investors Reports Fourth Quarter and Annual 2023 Financial Results

February 22, 2024 | globenewswire.com

Greystone Housing Impact Investors Reports Fourth Quarter and Annual 2023 Financial Results

February 21, 2024 | markets.businessinsider.com

Greystone Provides $39 Million in Freddie Mac Permanent Financing Towards New Affordable Housing Development in Tysons Corner, Virginia

February 8, 2024 | msn.com

Greystone Announces Major Transaction with Investor Risk Advisory

February 7, 2024 | finance.yahoo.com

Greystone Housing Impact Investors LP Schedules Fourth Quarter 2023 Earnings Conference Call for Thursday, February 22, 2024 at 4:30 p.m. Eastern Time

February 7, 2024 | msn.com

Greystone Secures $5M for Housing Projects with Texas Capital

February 6, 2024 | msn.com

Greystone Housing Impact Investors issues 500,000 series B preferred units

February 6, 2024 | finance.yahoo.com

Greystone Housing Impact Investors LP Issues 500,000 Series B Preferred Units

January 31, 2024 | markets.businessinsider.com

Analysts Offer Insights on Financial Companies: Greystone Housing Impact Investors (GHI) and Capital Southwest (CSWC)

January 22, 2024 | finance.yahoo.com

Greystone Housing Impact Investors LP Issues 1,750,000 Series B Preferred Units

December 29, 2023 | seekingalpha.com

Greystone Housing Impact: Mostly Good For Stable Income

December 12, 2023 | benzinga.com

Exceeding Expectations: Radian Group Achieves Strong Performance and Rewards Investors

December 11, 2023 | msn.com

Greystone Housing Impact announces sale of Suites on Paseo for $40.7M

December 11, 2023 | finance.yahoo.com

Greystone Housing Impact Investors LP Announces Sale of Suites on Paseo

See More Headlines

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Company Calendar

Ex-Dividend for 1/31 Dividend: 12/28/2023
Dividend Payable: 1/31/2024
Last Earnings: 2/22/2024
Ex-Dividend for 4/30 Dividend: 3/27/2024
Today: 4/16/2024
Dividend Payable: 4/30/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Nondepository credit institutions
Sub-Industry: N/A
Current Symbol: NYSE:GHI
CUSIP: N/A
CIK: 1059142
Web: N/A
Phone: (402) 952-1235
Fax: 402-930-3047
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $19.33
High Stock Price Target: $20.00
Low Stock Price Target: $19.00
Potential Upside/Downside: +26.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.0713
Trailing P/E Ratio: 7.38
Forward P/E Ratio: 10.54
P/E Growth: N/A
Net Income: $54.01 million
Net Margins: 51.49%
Pretax Margin: 51.50%
Return on Equity: 13.73%
Return on Assets: 2.89%

Debt

Debt-to-Equity Ratio: 3.01
Current Ratio: 15.26
Quick Ratio: 15.26

Sales & Book Value

Annual Sales: $104.90 million
Price / Sales: 3.35
Cash Flow: $2.16 per share
Price / Cash Flow: 7.09
Book Value: $15.17 per share
Price / Book: 1.01

Miscellaneous

Outstanding Shares: 23,020,000
Free Float: 22,724,000
Market Cap: $351.75 million
Optionable: Optionable
Beta: 0.65

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Key Executives

Mr. Kenneth C. Rogozinski (Age 62)
Chief Executive Officer
Mr. Jesse A. Coury (Age 38)
Chief Financial Officer
Mr. Maurice E. Cox Jr. (Age 82)
Investor Relations Contact
Mr. Andy Grier
Senior Vice President
Mr. Robert Schultz
Managing Director
Mr. Neil S. Bø
Managing Director
Mr. Frank Bravo
Managing Director
Mr. Brett Southworth
Managing Director
Mr. Jason R. Kaye
Managing Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GHI Stock Analysis - Frequently Asked Questions

Should I buy or sell Greystone Housing Impact Investors stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Greystone Housing Impact Investors in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GHI shares.
View GHI analyst ratings or view top-rated stocks.
What is Greystone Housing Impact Investors' stock price target for 2024?: 2 Wall Street research analysts have issued 1-year target prices for Greystone Housing Impact Investors' shares. Their GHI share price targets range from $19.00 to $20.00. On average, they anticipate the company's stock price to reach $19.33 in the next twelve months. This suggests a possible upside of 26.5% from the stock's current price.
View analysts price targets for GHI or view top-rated stocks among Wall Street analysts.
How have GHI shares performed in 2024?: Greystone Housing Impact Investors' stock was trading at $16.79 at the start of the year. Since then, GHI shares have decreased by 9.0% and is now trading at $15.28.
View the best growth stocks for 2024 here.
Are investors shorting Greystone Housing Impact Investors?: Greystone Housing Impact Investors saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 23,700 shares, a drop of 25.5% from the March 15th total of 31,800 shares. Based on an average daily volume of 39,700 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the company's stock are sold short.
View Greystone Housing Impact Investors' Short Interest.
When is Greystone Housing Impact Investors' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our GHI earnings forecast.

How were Greystone Housing Impact Investors' earnings last quarter?: Greystone Housing Impact Investors LP (NYSE:GHI) posted its quarterly earnings data on Thursday, February, 22nd. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.80 by $0.92. The business earned $25.19 million during the quarter, compared to analysts' expectations of $26 million. Greystone Housing Impact Investors had a net margin of 51.49% and a trailing twelve-month return on equity of 13.73%.
How often does Greystone Housing Impact Investors pay dividends? What is the dividend yield for Greystone Housing Impact Investors?: Greystone Housing Impact Investors declared a quarterly dividend on Wednesday, March 13th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.37 per share on Tuesday, April 30th. This represents a $1.48 dividend on an annualized basis and a yield of 9.69%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for GHI.
Is Greystone Housing Impact Investors a good dividend stock?: Greystone Housing Impact Investors (NYSE:GHI) pays an annual dividend of $1.48 per share and currently has a dividend yield of 9.70%. GHI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 71.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, GHI will have a dividend payout ratio of 96.73% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GHI.
How do I buy shares of Greystone Housing Impact Investors?: Shares of GHI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GHI) was last updated on 4/16/2024 by MarketBeat.com Staff

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