Greystone Housing Impact Investors (GHI) Expected to Announce Earnings on Thursday

Greystone Housing Impact Investors (NYSE:GHI) is expected to post its quarterly earnings results 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. Investors that wish to register for the company’s conference call can do so using this link.

Greystone Housing Impact Investors Stock Performance

Shares of NYSE:GHI opened at $12.79 on Thursday. The company has a market cap of $297.88 million, a price-to-earnings ratio of 20.66 and a beta of 0.73. The company has a 50-day moving average price of $11.45 and a 200-day moving average price of $12.58. The company has a current ratio of 10.78, a quick 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.

Greystone Housing Impact Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 11.57%. The ex-dividend date was Tuesday, December 31st. Greystone Housing Impact Investors’s dividend payout ratio (DPR) is 238.71%.

Wall Street Analysts Forecast Growth

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

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.