Greystone Housing Impact Investors (NYSE:GHI - Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Investors that wish to register for the company's conference call can do so using this link.
Greystone Housing Impact Investors (NYSE:GHI - Get Free Report) last released its earnings results on Wednesday, August 7th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.15). Greystone Housing Impact Investors had a net margin of 32.12% and a return on equity of 6.90%. The business had revenue of $21.97 million for the quarter, compared to analysts' expectations of $25.57 million. During the same quarter in the previous year, the business posted $0.85 earnings per share. 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 Stock Up 6.0 %
Shares of NYSE GHI traded up $0.72 during trading on Wednesday, reaching $12.80. The company had a trading volume of 130,590 shares, compared to its average volume of 48,279. The business's 50-day moving average is $13.56 and its 200 day moving average is $14.39. The company has a quick ratio of 13.29, a current ratio of 13.29 and a debt-to-equity ratio of 3.36. The stock has a market cap of $298.10 million, a PE ratio of 10.32 and a beta of 0.68. Greystone Housing Impact Investors has a 12-month low of $11.94 and a 12-month high of $17.55.
Greystone Housing Impact Investors Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Monday, September 30th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 11.56%. The ex-dividend date of this dividend is Monday, September 30th. Greystone Housing Impact Investors's dividend payout ratio (DPR) is currently 119.35%.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on GHI. Janney Montgomery Scott initiated coverage on shares of Greystone Housing Impact Investors in a report on Thursday, August 1st. They set a "buy" rating and a $17.00 price target on the stock. Raymond James lowered their price target on Greystone Housing Impact Investors from $18.50 to $17.50 and set an "outperform" rating on the stock in a report on Monday, August 12th.
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Greystone Housing Impact Investors Company Profile
(
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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.
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