Greystone Housing Impact Investors (GHI) Projected to Post Quarterly Earnings on Thursday

Greystone Housing Impact Investors (NYSE:GHI) is expected to be announcing its earnings results after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $26.02 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Greystone Housing Impact Investors Stock Performance

GHI opened at $12.89 on Tuesday. The firm has a fifty day moving average price of $11.55 and a 200 day moving average price of $12.53. Greystone Housing Impact Investors has a 1 year low of $10.12 and a 1 year high of $16.89. The stock has a market cap of $300.09 million, a P/E ratio of 20.82 and a beta of 0.73. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were given a $0.37 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 11.49%. Greystone Housing Impact Investors’s dividend payout ratio (DPR) is currently 239.10%.

Analyst Upgrades and Downgrades

Separately, JMP Securities dropped their target price on 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.

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.