NYSE:GHI

Greystone Housing Impact Investors (GHI) Stock Forecast, Price & News

$16.45

-0.02 (-0.12%)

(As of 09/22/2023 ET)

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Today's Range: $16.40
▼
$16.68
50-Day Range: $15.71
▼
$16.73
52-Week Range: $15.07
▼
$19.28

Volume: 16,337 shs
Average Volume: 22,966 shs
Market Capitalization: $375.55 million

P/E Ratio: 7.06
Dividend Yield: 9.00%
Price Target: $20.00

Greystone Housing Impact Investors MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 21.6% Upside
$20.00 Price Target
Short Interest: Healthy
0.05% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$31,840 Bought Last Quarter
Proj. Earnings Growth: -23.32%
From $1.93 to $1.48 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.97 out of 5 stars

Finance Sector

642nd out of 845 stocks

Nondepository Credit Institutions Industry

18th out of 44 stocks

2.5

Analyst's Opinion

Consensus Rating
Greystone Housing Impact Investors has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $20.00, Greystone Housing Impact Investors has a forecasted upside of 21.6% from its current price of $16.45.
Amount of Analyst Coverage
Greystone Housing Impact Investors has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.05% of the float of Greystone Housing Impact Investors has been sold short.
Short Interest Ratio / Days to Cover
Greystone Housing Impact Investors has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Greystone Housing Impact Investors has recently increased by 16.67%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
Greystone Housing Impact Investors is a leading dividend payer. It pays a dividend yield of 9.00%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Greystone Housing Impact Investors does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Greystone Housing Impact Investors is 63.52%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, Greystone Housing Impact Investors will have a dividend payout ratio of 100.00% in the coming year. This indicates that Greystone Housing Impact Investors may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GHI.

0.6

News and Social Media Coverage

MarketBeat Follows
1 people have added Greystone Housing Impact Investors to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Greystone Housing Impact Investors insiders have bought more of their company's stock than they have sold. Specifically, they have bought $31,840.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.30% of the stock of Greystone Housing Impact Investors is held by insiders.
Percentage Held by Institutions
Only 9.55% of the stock of Greystone Housing Impact Investors is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Greystone Housing Impact Investors are expected to decrease by -23.32% in the coming year, from $1.93 to $1.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Greystone Housing Impact Investors is 7.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of Greystone Housing Impact Investors is 7.06, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 65.19.
Price to Book Value per Share Ratio
Greystone Housing Impact Investors has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Greystone Housing Impact Investors (NYSE:GHI) Stock

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 and student housing residential properties and commercial properties. It operates through four segments: Affordable Multifamily MRB Investments, Seniors and Skilled Nursing MRB Investments, MF Properties, Market-Rate Joint Venture Investments. The company was formerly known as America First Multifamily Investors, L.P. and changed its name to Greystone Housing Impact Investors LP in December 2022. The company was incorporated in 1998 and is based in Omaha, Nebraska.

GHI Price History

30 days | 90 days | 365 days | Advanced Chart

GHI Stock News Headlines

September 15, 2023 | finance.yahoo.com

Investors in Greystone Housing Impact Investors (NYSE:GHI) have seen respectable returns of 76% over the past three years

September 15, 2023 | americanbankingnews.com

Greystone Housing Impact Investors (NYSE:GHI) versus Medallion Financial (NASDAQ:MFIN) Head to Head Comparison

September 24, 2023 | Legacy Research (Ad)

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September 4, 2023 | finance.yahoo.com

All You Need to Know About Greystone Housing Impact (GHI) Rating Upgrade to Strong Buy

August 18, 2023 | msn.com

Greystone Housing Impact Investors: High Payout Ratio Isn't Looking Very Sustainable

August 14, 2023 | msn.com

Greystone Housing: Solid Q2 Results Reaffirm Strong Dividend Yield

August 9, 2023 | finance.yahoo.com

Greystone Housing Impact Investors LP Announces Release of Schedule K-3

August 5, 2023 | finance.yahoo.com

Greystone Housing Impact Investors LP's (NYSE:GHI) Price Is Right But Growth Is Lacking

September 24, 2023 | Legacy Research (Ad)

WARNING: Mandatory U.S. Dollar Recall is Weeks Away

August 4, 2023 | markets.businessinsider.com

JMP Securities Reaffirms Their Buy Rating on Greystone Housing Impact Investors (GHI)

August 3, 2023 | finance.yahoo.com

Greystone Housing Impact: Q2 Earnings Snapshot

August 3, 2023 | finance.yahoo.com

Greystone Housing Impact Investors Reports Second Quarter 2023 Financial Results

July 27, 2023 | finance.yahoo.com

Robert K. Jacobsen to Join Greystone AF Manager LLC Board of Managers

July 19, 2023 | finance.yahoo.com

Greystone Housing Impact Investors LP Schedules Second Quarter 2023 Earnings Conference Call for Thursday, August 3, 2023 at 4:30 p.m. Eastern Time

June 28, 2023 | msn.com

Greystone Housing Impact Investors LP sells Vantage at Conroe for $19.8M

June 28, 2023 | finance.yahoo.com

Greystone Housing Impact Investors LP Announces Sale of Vantage at Conroe

June 27, 2023 | finance.yahoo.com

New Strong Sell Stocks for June 27th

June 14, 2023 | markets.businessinsider.com

4 Analysts Have This to Say About Greystone Housing Impact

June 14, 2023 | finance.yahoo.com

Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution and Supplemental BUCs Distribution

June 5, 2023 | finance.yahoo.com

Greystone Housing Impact Investors LP Issues 1,000,000 Series A-1 Preferred Units

June 5, 2023 | finance.yahoo.com

Greystone Housing Impact Investors LP Issues 1,000,000 Series A-1 Preferred Units

May 19, 2023 | msn.com

JMP Securities Reiterates Greystone Housing Impact Investors LP - Unit (GHI) Outperform Recommendation

May 19, 2023 | markets.businessinsider.com

JMP Securities Sticks to Their Buy Rating for Greystone Housing Impact Investors (GHI)

May 16, 2023 | msn.com

JonesTrading Reiterates Greystone Housing Impact Investors LP - Unit (GHI) Buy Recommendation

May 15, 2023 | msn.com

Greystone Housing: Upgrading Despite Risks

May 11, 2023 | finance.yahoo.com

Jason R. Kaye Joins Greystone Housing Impact Investors to Originate Tax-Exempt Financings

May 11, 2023 | finance.yahoo.com

Jason R. Kaye Joins Greystone Housing Impact Investors to Originate Tax-Exempt Financings

See More Headlines

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GHI Company Calendar

Ex-Dividend for 7/31 Dividend: 6/29/2023
Dividend Payable: 7/31/2023
Last Earnings: 8/03/2023
Today: 9/24/2023
Ex-Dividend for 10/31 Dividend: 9/28/2023
Dividend Payable: 10/31/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Nondepository credit institutions
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:GHI
CUSIP: N/A
CIK: 1059142
Web: N/A
Phone: (402) 952-1235
Fax: 402-930-3047
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $20.00
High Stock Price Forecast: $22.00
Low Stock Price Forecast: $19.00
Forecasted Upside/Downside: +21.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.33
Trailing P/E Ratio: 7.06
Forward P/E Ratio: 8.52
P/E Growth: N/A
Net Income: $65.56 million
Net Margins: 61.07%
Pretax Margin: 60.98%
Return on Equity: 18.07%
Return on Assets: 3.79%

Debt

Debt-to-Equity Ratio: 3.39
Current Ratio: 20.27
Quick Ratio: 20.27

Sales & Book Value

Annual Sales: $81.07 million
Price / Sales: 4.63
Cash Flow: $3.09 per share
Price / Cash Flow: 5.32
Book Value: $14.56 per share
Price / Book: 1.13

Miscellaneous

Outstanding Shares: 22,830,000
Free Float: 22,534,000
Market Cap: $375.55 million
Optionable: Optionable
Beta: 0.66

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Key Executives

Mr. Kenneth C. Rogozinski (Age 61)
Chief Exec. Officer

Mr. Jesse A. Coury (Age 37)
Chief Financial Officer

Mr. Maurice E. Cox Jr. (Age 81)
Investor Relations Contact

Mr. Andy Grier
Sr. VP

Mr. Robert Schultz
Managing Director

Mr. Neil S. Bø
Managing Director

Mr. Frank Bravo
Managing Director

Mr. Brett Southworth
Managing Director

Mr. Jason R. Kaye
Managing Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GHI Stock - Frequently Asked Questions

Should I buy or sell Greystone Housing Impact Investors stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greystone Housing Impact Investors in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GHI shares.
View GHI analyst ratings or view top-rated stocks.
What is Greystone Housing Impact Investors' stock price forecast for 2023?: 2 analysts have issued 1-year target prices for Greystone Housing Impact Investors' shares. Their GHI share price forecasts range from $19.00 to $22.00. On average, they expect the company's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 21.6% from the stock's current price.
View analysts price targets for GHI or view top-rated stocks among Wall Street analysts.
How have GHI shares performed in 2023?: Greystone Housing Impact Investors' stock was trading at $17.40 on January 1st, 2023. Since then, GHI shares have decreased by 5.5% and is now trading at $16.45.
View the best growth stocks for 2023 here.
Are investors shorting Greystone Housing Impact Investors?: Greystone Housing Impact Investors saw a increase in short interest in August. As of August 31st, there was short interest totaling 10,500 shares, an increase of 16.7% from the August 15th total of 9,000 shares. Based on an average trading volume of 32,800 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company's stock are short sold.
View Greystone Housing Impact Investors' Short Interest.
When is Greystone Housing Impact Investors' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our GHI earnings forecast.
How were Greystone Housing Impact Investors' earnings last quarter?: Greystone Housing Impact Investors LP (NYSE:GHI) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.41. The firm earned $28.30 million during the quarter, compared to analyst estimates of $26.50 million. Greystone Housing Impact Investors had a net margin of 61.07% and a trailing twelve-month return on equity of 18.07%.

How often does Greystone Housing Impact Investors pay dividends? What is the dividend yield for Greystone Housing Impact Investors?: Greystone Housing Impact Investors declared a quarterly dividend on Wednesday, September 13th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.37 per share on Tuesday, October 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 9.00%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for GHI.
Is Greystone Housing Impact Investors a good dividend stock?: Greystone Housing Impact Investors (NYSE:GHI) pays an annual dividend of $1.48 per share and currently has a dividend yield of 8.99%. GHI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 63.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, GHI will have a dividend payout ratio of 100.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GHI.
What is Greystone Housing Impact Investors' stock symbol?: Greystone Housing Impact Investors trades on the New York Stock Exchange (NYSE) under the ticker symbol "GHI."
Who are Greystone Housing Impact Investors' major shareholders?: Greystone Housing Impact Investors' stock is owned by a variety of retail and institutional investors. Top institutional investors include Raymond James & Associates (0.77%), Raymond James Financial Services Advisors Inc. (0.75%), America First Investment Advisors LLC (0.55%), Equitable Holdings Inc. (0.53%), Bluefin Capital Management LLC (0.44%) and Bluefin Capital Management LLC (0.44%).
View institutional ownership trends.
How do I buy shares of Greystone Housing Impact Investors?: Shares of GHI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Greystone Housing Impact Investors' stock price today?: One share of GHI stock can currently be purchased for approximately $16.45.
How much money does Greystone Housing Impact Investors make?: Greystone Housing Impact Investors (NYSE:GHI) has a market capitalization of $375.55 million and generates $81.07 million in revenue each year. The company earns $65.56 million in net income (profit) each year or $2.33 on an earnings per share basis.
How can I contact Greystone Housing Impact Investors?: Greystone Housing Impact Investors' mailing address is 14301 Fnb Parkway, Omaha, Nebraska 68154. The company can be reached via phone at (402) 952-1235 or via fax at 402-930-3047.

This page (NYSE:GHI) was last updated on 9/24/2023 by MarketBeat.com Staff

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