(GHI) Greystone Housing Impact - Ratings and Ratios
Mortgage Revenue Bonds, Governmental Issuer Loans, Multifamily Housing
GHI EPS (Earnings per Share)
GHI Revenue
Description: GHI Greystone Housing Impact
Greystone Housing Impact Investors LP (NYSE:GHI) is a real estate investment trust that focuses on acquiring and managing mortgage revenue bonds (MRBs) to finance various types of housing and commercial properties across the United States. The companys diverse portfolio is segmented into Affordable Multifamily Investments, Seniors and Skilled Nursing Investments, Market-Rate Joint Venture Investments, and MF Properties, providing a range of investment opportunities.
From a financial perspective, key performance indicators (KPIs) such as dividend yield, debt-to-equity ratio, and interest coverage ratio are crucial in evaluating GHIs financial health and investment potential. As a real estate investment trust (REIT), GHI is required to distribute at least 90% of its taxable income to shareholders, making dividend yield an important metric. A review of GHIs historical dividend yield and payout ratio can provide insights into its ability to sustain dividend payments.
Additionally, GHIs investment strategy and portfolio composition can be assessed by examining metrics such as the weighted-average coupon rate of its MRB portfolio, the average loan-to-value ratio of its investments, and the geographic distribution of its properties. These KPIs can help investors understand the companys risk profile, potential for returns, and exposure to various market segments.
It is also worth noting that GHIs rebranding from America First Multifamily Investors, L.P. to Greystone Housing Impact Investors LP in December 2022 may indicate a shift in the companys investment strategy or focus. Further analysis of the companys recent financial reports and investor presentations can provide more information on the implications of this change.
GHI Stock Overview
| Market Cap in USD | 253m |
| Sector | Financial Services |
| Industry | Mortgage Finance |
| GiC Sub-Industry | Regional Banks |
| IPO / Inception | 1986-04-02 |
GHI Stock Ratings
| Growth Rating | 4.59 |
| Fundamental | 48.3% |
| Dividend Rating | 85.5 |
| Rel. Strength | -34.6 |
| Analysts | 4.67 of 5 |
| Fair Price Momentum | 10.91 USD |
| Fair Price DCF | - |
GHI Dividends
| Dividend Yield 12m | 12.89% |
| Yield on Cost 5y | 16.51% |
| Annual Growth 5y | 10.16% |
| Payout Consistency | 90.3% |
| Payout Ratio | 5.4% |
GHI Growth Ratios
| Growth Correlation 3m | -38.2% |
| Growth Correlation 12m | -31.6% |
| Growth Correlation 5y | 10.5% |
| CAGR 5y | 3.85% |
| CAGR/Max DD 5y | 0.11 |
| Sharpe Ratio 12m | -1.59 |
| Alpha | -26.64 |
| Beta | 0.227 |
| Volatility | 22.77% |
| Current Volume | 65k |
| Average Volume 20d | 43.8k |
| Stop Loss | 9.9 (-4.1%) |
As of August 10, 2025, the stock is trading at USD 10.32 with a total of 65,000 shares traded.
Over the past week, the price has changed by -6.27%, over one month by -10.34%, over three months by -6.97% and over the past year by -18.49%.
No, based on ValueRay´s Fundamental Analyses, Greystone Housing Impact (NYSE:GHI) is currently (August 2025) a stock to sell. It has a ValueRay Fundamental Rating of 48.27 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of GHI is around 10.91 USD . This means that GHI is currently overvalued and has a potential downside of 5.72%.
Greystone Housing Impact has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy GHI.
- Strong Buy: 2
- Buy: 1
- Hold: 0
- Sell: 0
- Strong Sell: 0
According to our own proprietary Forecast Model, GHI Greystone Housing Impact will be worth about 11.8 in August 2026. The stock is currently trading at 10.32. This means that the stock has a potential upside of +14.24%.
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 14.8 | 43.7% |
| Analysts Target Price | 14.8 | 43.7% |
| ValueRay Target Price | 11.8 | 14.2% |
Piotroski VR‑10 (Strict) 2.0
| Net Income (14.0m TTM) > 0 and > 6% of Revenue (6% = 6.14m TTM) |
| FCFTA 0.0 (>2.0%) and ΔFCFTA -1.89pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 86.59% (prev 44.30%; Δ 42.28pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 18.43 (>3.0%) and CFO 28.33b > Net Income 14.0m (YES >=105%, WARN >=100%) |
| Net Debt (1.06b) to EBITDA (46.3m) ratio: 22.98 <= 3.0 (WARN <= 3.5) |
| Current Ratio 6.10 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (23.2m) change vs 12m ago 0.74% (target <= -2.0% for YES) |
| Gross Margin 70.68% (prev 97.67%; Δ -26.99pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 6.84% (prev 7.04%; Δ -0.20pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 0.77 (EBITDA TTM 46.3m / Interest Expense TTM 60.4m) >= 6 (WARN >= 3) |
Altman Z'' 1.04
| (A) 0.06 = (Total Current Assets 105.9m - Total Current Liabilities 17.4m) / Total Assets 1.54b |
| (B) 0.14 = Retained Earnings (Balance) 215.4m / Total Assets 1.54b |
| (C) 0.03 = EBIT TTM 46.3m / Avg Total Assets 1.50b |
| (D) -0.00 = Book Value of Equity -17.2k / Total Liabilities 1.15b |
| Total Rating: 1.04 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay Score 48.27
| 1. Piotroski 2.0pt = -3.0 |
| 4. Debt/Equity 2.15 = 0.56 |
| 5. Debt/Ebitda 18.19 = -2.50 |
| 6. ROIC - WACC 0.35% = 0.35 |
| 7. RoE 0.01% = 0.00 |
| 8. Rev. Trend 35.52% = 5.0 |
| 9. Rev. CAGR 2.84% = 0.36 |
| 11. EPS CAGR -42.85% = -2.50 |
GHI Fundamental Data Overview
CCE Cash And Equivalents = 51.4m USD (last quarter)
P/E Trailing = 23.8
P/E Forward = 6.7935
P/S = 7.4385
P/B = 0.851
Beta = 0.666
Revenue TTM = 102.3m USD
EBIT TTM = 46.3m USD
EBITDA TTM = 46.3m USD
Long Term Debt = 842.2m USD (from longTermDebt, last quarter)
[93m Short Term Debt = unknown (0.0)
[39m Debt = 842.2m USD (Calculated: Short Term 0.0 + Long Term 842.2m)
Net Debt = 1.06b USD (from netDebt column, last quarter)
Enterprise Value = 1.04b USD (253.4m + Debt 842.2m - CCE 51.4m)
Interest Coverage Ratio = 0.77 (Ebit TTM 46.3m / Interest Expense TTM 60.4m)
[93m FCF Yield = none (FCF TTM 0.0 / Enterprise Value 1.04b)
[39m[93m FCF Margin = unknown (0.0 / 102280798.0)
[39m Net Margin = 13.69% (Net Income TTM 14.0m / Revenue TTM 102.3m)
Gross Margin = 70.68% ((Revenue TTM 102.3m - Cost of Revenue TTM 30.0m) / Revenue TTM)
[93m Tobins Q-Ratio = -60.8k (set to none) (Enterprise Value 1.04b / Book Value Of Equity -17.2k)
[39m Interest Expense / Debt = 1.68% (Interest Expense 14.1m / Debt 842.2m)
Taxrate = 0.15% (from yearly Income Tax Expense: 32.4k / 21.4m)
NOPAT = 46.2m (EBIT 46.3m * (1 - 0.15%))
Current Ratio = 6.10 (Total Current Assets 105.9m / Total Current Liabilities 17.4m)
Debt / Equity = 2.15 (Debt 842.2m / last Quarter total Stockholder Equity 391.8m)
Debt / EBITDA = 18.19 (Net Debt 1.06b / EBITDA 46.3m)
[93m Debt / FCF = none (Debt 842.2m / FCF TTM 0.0)
[39m Total Stockholder Equity = 197.89b (last 4 quarters mean)
RoA = 0.91% (Net Income 14.0m, Total Assets 1.54b )
RoE = 0.01% (Net Income TTM 14.0m / Total Stockholder Equity 197.89b)
RoCE = 0.02% (Ebit 46.3m / (Equity 197.89b + L.T.Debt 842.2m))
RoIC = 3.22% (NOPAT 46.2m / Invested Capital 1.43b)
WACC = 2.87% (E(253.4m)/V(1.10b) * Re(6.85%)) + (D(842.2m)/V(1.10b) * Rd(1.68%) * (1-Tc(0.00)))
Shares Correlation 5-Years: 100.0 | Cagr: 1.90%
Discount Rate = 6.85% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[93m Fair Price DCF = unknown (Cash Flow 0.0)
[39m Revenue Correlation: 35.52 | Revenue CAGR: 2.84%
Revenue Growth Correlation: -18.17%
EPS Correlation: N/A | EPS CAGR: -42.85%
EPS Growth Correlation: -32.52%
Additional Sources for GHI Stock
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Fund Manager Positions: Dataroma | Stockcircle