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

Greystone Housing Impact Investors (NYSE:GHI) is expected to be releasing 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 Stock Down 0.5 %

NYSE:GHI opened at $12.84 on Wednesday. The firm’s 50 day simple moving average is $11.59 and its 200 day simple moving average is $12.52. The company has a debt-to-equity ratio of 3.36, a current ratio of 10.78 and a quick ratio of 10.78. Greystone Housing Impact Investors has a one year low of $10.12 and a one year high of $16.89. The company has a market cap of $299.04 million, a PE ratio of 20.74 and a beta of 0.73.

Greystone Housing Impact Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.48 annualized dividend and a yield of 11.53%. Greystone Housing Impact Investors’s dividend payout ratio is presently 239.10%.

Wall Street Analysts Forecast Growth

Separately, JMP Securities cut their target price 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 report 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.