Greystone Housing Impact Investors (NYSE:GHI) Posts Earnings Results, Misses Expectations By $0.48 EPS

Greystone Housing Impact Investors (NYSE:GHI) posted its quarterly earnings results on Monday. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.48), Zacks reports. Greystone Housing Impact Investors had a net margin of 8.11% and a return on equity of 8.07%. The company had revenue of $17.15 million during the quarter, compared to analyst estimates of $24.35 million.

Greystone Housing Impact Investors Stock Performance

Shares of NYSE GHI traded down $0.68 during trading on Tuesday, reaching $6.50. The stock had a trading volume of 151,178 shares, compared to its average volume of 80,123. Greystone Housing Impact Investors has a one year low of $6.01 and a one year high of $13.29. The company has a debt-to-equity ratio of 3.65, a quick ratio of 6.63 and a current ratio of 6.63. The stock has a market cap of $153.32 million, a PE ratio of 35.31 and a beta of 0.58. The firm’s 50 day moving average price is $7.69 and its two-hundred day moving average price is $8.21.

Hedge Funds Weigh In On Greystone Housing Impact Investors

A number of hedge funds have recently added to or reduced their stakes in the business. Equitable Holdings Inc. increased its stake in Greystone Housing Impact Investors by 40.6% during the fourth quarter. Equitable Holdings Inc. now owns 333,875 shares of the company’s stock valued at $2,300,000 after purchasing an additional 96,369 shares during the last quarter. Royal Bank of Canada raised its stake in Greystone Housing Impact Investors by 30.9% during the fourth quarter. Royal Bank of Canada now owns 265,434 shares of the company’s stock worth $1,829,000 after acquiring an additional 62,612 shares during the period. Jump Financial LLC bought a new position in Greystone Housing Impact Investors in the fourth quarter worth about $265,000. Jones Financial Companies Lllp boosted its stake in Greystone Housing Impact Investors by 14,338.9% in the first quarter. Jones Financial Companies Lllp now owns 32,632 shares of the company’s stock valued at $402,000 after acquiring an additional 32,406 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Greystone Housing Impact Investors in the 4th quarter worth approximately $106,000. Institutional investors and hedge funds own 9.01% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Greystone Housing Impact Investors in a research report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $12.67.

About Greystone Housing Impact Investors

Greystone Housing Impact Investors (NYSE:GHI) is a publicly traded real estate investment trust focused on financing and preserving affordable and sustainable rental housing in the United States. As the country’s first social‐impact REIT dedicated to housing, GHI aims to deliver stable, long‐term cash flows to its shareholders while supporting underserved communities through strategic capital deployment.

The company originates, underwrites and manages a diversified portfolio of first‐mortgage loans secured by multifamily residential properties, with an emphasis on workforce, affordable and mixed‐income developments.