Greystone Housing Impact Investors (NYSE:GHI – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.15), Zacks reports. The firm had revenue of $21.97 million during the quarter, compared to analysts’ expectations of $25.57 million. Greystone Housing Impact Investors had a net margin of 45.87% and a return on equity of 11.65%. During the same period in the previous year, the company earned $0.85 earnings per share.
Greystone Housing Impact Investors Stock Down 0.6 %
Shares of GHI stock traded down $0.08 during trading hours on Friday, hitting $14.16. 21,474 shares of the company were exchanged, compared to its average volume of 42,802. The company has a debt-to-equity ratio of 2.93, a quick ratio of 12.65 and a current ratio of 12.65. Greystone Housing Impact Investors has a one year low of $13.76 and a one year high of $17.55. The business’s 50-day simple moving average is $14.73 and its two-hundred day simple moving average is $15.56. The stock has a market capitalization of $329.77 million, a price-to-earnings ratio of 7.49 and a beta of 0.66.
Greystone Housing Impact Investors Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Friday, June 28th were given a dividend of $0.37 per share. The ex-dividend date was Friday, June 28th. This represents a $1.48 annualized dividend and a dividend yield of 10.45%. Greystone Housing Impact Investors’s payout ratio is 78.31%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on GHI
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.
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