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

Company Overview

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. The company operates in four segments: Affordable Multifamily MRB Investments; Seniors and Skilled Nursing MRB Investments; MF Properties; Market-Rate Joint Venture Investments. It also invests in governmental issuer loans. 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. Greystone Housing Impact Investors LP was incorporated in 1998 and is based in Omaha, Nebraska.

Key Stats

• Today's Range: $11.60 to $11.77
• 50-Day Range: $11.05 to $14.03
• 52-Week Range: $10.92 to $17.55
• Volume: 51,244 shs
• Average Volume: 52,753 shs
• Market Capitalization: $273.66 million
• P/E Ratio: 18.98
• Dividend Yield: 12.60%
• Price Target: $17.38
• Consensus Rating: Buy

Greystone Housing Impact Investors Stock Analysis - MarketRank™

Greystone Housing Impact Investors scored higher than 85% of companies evaluated by MarketBeat, and ranked 210th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

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 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Greystone Housing Impact Investors has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 287.76%

Earnings Growth

Earnings for Greystone Housing Impact Investors are expected to grow by 287.76% in the coming year, from $0.49 to $1.90 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Greystone Housing Impact Investors is 18.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Greystone Housing Impact Investors is 18.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.34.

Price to Book Value per Share Ratio

Greystone Housing Impact Investors has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.12% 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 0.4, 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 decreased by 3.42%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Greystone Housing Impact Investors is a leading dividend payer. It pays a dividend yield of 12.96%, 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 238.71%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Greystone Housing Impact Investors will have a dividend payout ratio of 77.89% in the coming year. This indicates that Greystone Housing Impact Investors may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.12% 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 0.4, 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 decreased by 3.42%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Greystone Housing Impact Investors has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Greystone Housing Impact Investors this week, compared to 1 article on an average week.

Search Interest

Only 2 people have searched for GHI on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Greystone Housing Impact Investors insiders have not sold or bought any 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 9.01% of the stock of Greystone Housing Impact Investors is held by institutions.

GHI Stock Analysis - Frequently Asked Questions

How have GHI shares performed this year?

Greystone Housing Impact Investors' stock was trading at $16.79 at the beginning of 2024. Since then, GHI shares have decreased by 30.0% and is now trading at $11.75.
View the best growth stocks for 2024 here.

How were Greystone Housing Impact Investors' earnings last quarter?

Greystone Housing Impact Investors LP (NYSE:GHI) announced its quarterly earnings data on Wednesday, November, 6th. The company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by $0.43. The company had revenue of $24.35 million for the quarter, compared to analyst estimates of $23.64 million. Greystone Housing Impact Investors had a trailing twelve-month return on equity of 2.46% and a net margin of 17.55%.

Who are Greystone Housing Impact Investors' major shareholders?

Top institutional investors of Greystone Housing Impact Investors include Rockefeller Capital Management L.P. (0.11%) and PFG Investments LLC (0.08%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Greystone Housing Impact Investors own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Greystone Housing Impact Investors investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Jabil (JBL), Adobe (ADBE), Disc Medicine (IRON) and e.l.f. Beauty (ELF).

Company Calendar

• Ex-Dividend for 10/31 Dividend: 9/30/2024
• Dividend Payable: 10/31/2024
• Last Earnings: 11/06/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• 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 Target: $17.38
• High Stock Price Target: $17.50
• Low Stock Price Target: $17.00
• Potential Upside/Downside: +48.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.62
• Trailing P/E Ratio: 18.95
• Forward P/E Ratio: 23.94
• P/E Growth: N/A
• Net Income: $54.01 million
• Net Margins: 17.55%
• Pretax Margin: 18.52%
• Return on Equity: 2.46%
• Return on Assets: 0.55%

Debt

• Debt-to-Equity Ratio: 3.36
• Current Ratio: 10.78
• Quick Ratio: 10.78

Sales & Book Value

• Annual Sales: $36.57 million
• Price / Sales: 7.47
• Cash Flow: $2.21 per share
• Price / Cash Flow: 5.30
• Book Value: $15.17 per share
• Price / Book: 0.77

Miscellaneous

• Outstanding Shares: 23,290,000
• Free Float: 22,987,000
• Market Cap: $273.19 million
• Optionable: Optionable
• Beta: 0.70