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

Greystone Housing Impact Investors (NYSE:GHI - Get Free Report) is scheduled to post its quarterly earnings results 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 interested in listening to the company's earnings conference call can do so using this link.

Greystone Housing Impact Investors (NYSE:GHI - Get Free Report) last issued 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). The firm had revenue of $25.19 million for the quarter, compared to the consensus estimate of $26.00 million. Greystone Housing Impact Investors had a net margin of 51.49% and a return on equity of 13.73%. 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 Price Performance

Shares of GHI traded up $0.07 during trading hours on Wednesday, hitting $15.65. 24,338 shares of the company were exchanged, compared to its average volume of 41,346. The company has a market capitalization of $360.31 million, a PE ratio of 7.56 and a beta of 0.65. The company has a debt-to-equity ratio of 3.01, a current ratio of 15.26 and a quick ratio of 15.26. The firm has a fifty day simple moving average of $16.04 and a 200-day simple moving average of $16.41. Greystone Housing Impact Investors has a one year low of $14.49 and a one year high of $17.55.

Greystone Housing Impact Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Thursday, March 28th were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 9.46%. The ex-dividend date of this dividend was Wednesday, March 27th. Greystone Housing Impact Investors's dividend payout ratio is presently 71.50%.

Analyst Upgrades and Downgrades

Separately, Jonestrading restated a "buy" rating and issued a $20.00 target price on shares of Greystone Housing Impact Investors in a report on Friday, March 1st.

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.