Streetbeat News

GHI

Greystone Housing Impact Investors LP

www.ghiinvestors.com

Industry

Financial - Mortgages

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.

Open

11.45

Mkt cap

266M

Volume

73K

High

11.53

P/E Ratio

17.57

52-wk high

17.48

Low

11.38

Div yield

0.14

52-wk low

10.92

JonesTrading analyst Jason Stewart has reiterated a Buy rating on Greystone Housing Impact (NYSE:GHI), maintaining a $20 price target. This reaffirms the firm's positive outlook on GHI's stock.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 3:58 pm

Greystone Housing Impact (NYSE:GHI) reported Q4 earnings of $0.24 per share, missing the consensus estimate of $0.74 by 67.57%. Quarterly sales were $25.18M, missing the estimate of $29.40M by 14.34%. Despite the misses, both earnings and sales showed significant increases from the previous year.

Portfolio Pulse from saritha@benzinga.com

February 22, 2024 | 1:42 pm

Earnings reports for various companies are scheduled for February 22, 2024, covering a wide range of industries. These reports include both earnings per share and revenue forecasts, with some companies expected to report losses.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 10:27 am

Merchants Bancorp (NASDAQ:MBIN) has announced a dividend payout of $0.08 per share with an annualized yield of 0.99%, payable on January 2, 2024, to shareholders on record as of December 15, 2023. The company has shown a positive trend in dividend growth from $0.21 to $0.32 per share from 2020 to 2023 and an increase in earnings per share from $3.16 to $5.18 over the same period. This consistent performance suggests financial health and the potential for future dividend increases, positioning Merchants Bancorp favorably among income-seeking investors.

Portfolio Pulse from Benzinga Insights

January 02, 2024 | 3:05 pm

Radian Group (NYSE:RDN) is set to pay a dividend of $0.23 per share on December 12, 2023, with an annualized yield of 3.37% to shareholders on record before November 24, 2023. The company has shown a positive trend in dividend per share growth from $0.01 in 2019 to $0.80 in 2022, and earnings per share growth from $3.04 to $4.91 from 2019 to 2022, indicating strong financial health and commitment to shareholder value. Greystone Housing Impact (NYSE:GHI) has the highest annualized dividend yield in the industry at 8.97%.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 3:05 pm

Greystone Housing Impact Investors LP (NYSE:GHI) sold Suites on Paseo, a student housing property, to an affiliate of San Diego State University for approximately $40.7 million. The sale is expected to result in a gross gain of about $9.9 million in Q4 2023's net income, with a taxable gain of $5.9 million to be allocated to investors. The sale will not materially impact the Partnership's Cash Available for Distribution as it represents a recovery of prior depreciation expense.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:17 pm

MGIC Investment (NYSE:MTG) is distributing a dividend of $0.12 per share with an annualized yield of 2.78%. Shareholders as of November 08, 2023, are eligible. The company has shown a positive trend in dividend per share growth from $0.24 in 2020 to $0.36 in 2022, and earnings per share growth from $1.78 to $2.88 over the same period. This suggests financial health and potential for future dividend increases. Greystone Housing Impact (NYSE:GHI) has the highest yield in the industry at 8.80%.

Portfolio Pulse from Benzinga Insights

November 28, 2023 | 3:05 pm

Greystone Housing Impact (NYSE:GHI) reported Q3 earnings of $0.39 per share, beating the analyst consensus estimate of $0.14 by 178.57%. However, this is a 50.63% decrease from the same period last year. The company's quarterly sales were $26.47 million, missing the analyst consensus estimate of $27.60 million by 4.08%, but showing a 42.97% increase from the same period last year.

Portfolio Pulse from mahesh@benzinga.com

November 08, 2023 | 1:28 pm

Greystone Housing Impact (NYSE:GHI) reported Q2 earnings of $0.85 per share, beating the analyst consensus estimate of $0.44 by 93.18%. This is an 18.06% increase from the same period last year. The company also reported quarterly sales of $28.30 million, beating the analyst consensus estimate of $26.50 million by 6.81%, a 64.24% increase from the same period last year.

Portfolio Pulse from bharat@benzinga.com

August 04, 2023 | 1:14 pm

JonesTrading analyst Jason Stewart reiterates a Buy rating on Greystone Housing Impact (NYSE:GHI) and maintains a $22 price target.

Portfolio Pulse from richadhand@benzinga.com

June 15, 2023 | 2:03 pm

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