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

Greystone Housing Impact Investors (NYSE:GHI) is scheduled to release its earnings data after the market closes on Wednesday, May 8th. Analysts expect Greystone Housing Impact Investors to post earnings of $0.24 per share for the quarter. Individual that are interested in registering 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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.92). Greystone Housing Impact Investors had a return on equity of 13.73% and a net margin of 51.49%. The firm had revenue of $25.19 million during the quarter, compared to the consensus estimate of $26.00 million. 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 Trading Down 0.7 %

NYSE:GHI opened at $15.60 on Monday. The company has a 50-day moving average price of $16.00 and a 200-day moving average price of $16.39. Greystone Housing Impact Investors has a 12 month low of $14.49 and a 12 month high of $17.55. The company has a current ratio of 15.26, a quick ratio of 15.26 and a debt-to-equity ratio of 3.01. The stock has a market cap of $359.11 million, a price-to-earnings ratio of 7.53 and a beta of 0.65.

Greystone Housing Impact Investors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Thursday, March 28th were given a $0.37 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.48 annualized dividend and a dividend yield of 9.49%. Greystone Housing Impact Investors’s dividend payout ratio is 71.45%.

Wall Street Analysts Forecast Growth

Separately, Jonestrading reaffirmed a “buy” rating and issued a $20.00 target price on shares of Greystone Housing Impact Investors in a research report 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.