Greystone Housing Impact Investors (NYSE:GHI – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.15), Zacks reports. Greystone Housing Impact Investors had a net margin of 45.87% and a return on equity of 11.65%. The company had revenue of $21.97 million during the quarter, compared to analyst estimates of $25.57 million. During the same period in the prior year, the firm earned $0.85 earnings per share.
Greystone Housing Impact Investors Price Performance
GHI traded down $0.08 on Friday, reaching $14.16. The stock had a trading volume of 21,474 shares, compared to its average volume of 42,802. Greystone Housing Impact Investors has a fifty-two week low of $13.76 and a fifty-two week high of $17.55. The firm has a 50-day moving average of $14.73 and a 200-day moving average of $15.56. The company has a current ratio of 12.65, a quick ratio of 12.65 and a debt-to-equity ratio of 2.93. The company 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 Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Friday, June 28th were issued a $0.37 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $1.48 dividend on an annualized basis and a yield of 10.45%. Greystone Housing Impact Investors’s payout ratio is presently 78.31%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on Greystone Housing Impact Investors
Greystone Housing Impact Investors Company Profile
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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