Overview Dividends

(GHI) Greystone Housing Impact - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US02364V1070

Mortgage Revenue Bonds, Multifamily Housing, Senior Housing, Skilled Nursing, Governmental Loans

GHI EPS (Earnings per Share)

EPS Growth (3Y CAGR): -10.43%
EPS Trend (3Y Correlation): -47.4%

GHI Revenue

Revenue Growth (3Y CAGR): -1.28%
Revenue Trend (3Y Correlation): 38.5%

Description: GHI Greystone Housing Impact October 27, 2025

Greystone Housing Impact Investors LP (NYSE:GHI) acquires, holds, sells, and manages mortgage-revenue bonds that finance construction and permanent debt for U.S. multifamily, student-housing, senior-citizen, skilled-nursing, and commercial properties.

The firm’s operations are organized into four segments: (1) Affordable Multifamily Investments, (2) Seniors and Skilled Nursing Investments, (3) Market-Rate Joint-Venture Investments, and (4) MF Properties, with additional exposure to governmental issuer loans.

Originally incorporated in 1998 as America First Multifamily Investors, L.P., the company rebranded to Greystone Housing Impact Investors LP in December 2022 and is headquartered in Omaha, Nebraska.

Key industry metrics that directly affect GHI’s performance include: (i) the national affordable-housing vacancy rate, which has hovered around 7% in Q2 2025, indicating continued demand for low-income units; (ii) the Federal Reserve’s policy rate, as higher rates increase borrowing costs for new bond issuances and can compress yields on existing securities; and (iii) the pipeline of Low-Income Housing Tax Credits (LIHTC), projected to exceed $30 billion in 2025, providing a steady flow of capital to the affordable-multifamily segment.

For a data-driven deep-dive into GHI’s valuation sensitivities and comparable peer analysis, consider exploring the detailed dashboards on ValueRay.

GHI Stock Overview

Market Cap in USD	204m
Sub-Industry	Regional Banks
IPO / Inception	1986-04-02

GHI Stock Ratings

Growth Rating	-36.5%
Fundamental	44.5%
Dividend Rating	80.3%
Return 12m vs S&P 500	-33.7%
Analyst Rating	4.67 of 5

GHI Dividends

Dividend Yield 12m	15.47%
Yield on Cost 5y	18.43%
Annual Growth 5y	12.86%
Payout Consistency	90.3%
Payout Ratio	2.6%

GHI Growth Ratios

Growth Correlation 3m	-62.6%
Growth Correlation 12m	-17.1%
Growth Correlation 5y	-11.4%
CAGR 5y	-14.12%
CAGR/Max DD 3y (Calmar Ratio)	-0.35
CAGR/Mean DD 3y (Pain Ratio)	-0.97
Sharpe Ratio 12m	-2.06
Alpha	-39.96
Beta	0.620
Volatility	32.67%
Current Volume	53.6k
Average Volume 20d	103.3k
Stop Loss	8.3 (-4.2%)
Signal	-0.49

Piotroski VR‑10 (Strict, 0-10) 0.0

Net Income (1.74m TTM) > 0 and > 6% of Revenue (6% = 6.11m TTM)

FCFTA 0.01 (>2.0%) and ΔFCFTA -0.61pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 53.5k% (prev 40.9k%; Δ 12.6kpp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.00 (>3.0%) and CFO 30.1m > Net Income 1.74m (YES >=105%, WARN >=100%)

Current Ratio 2912 (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 0.38% (target <= -2.0% for YES)

Gross Margin 70.56% (prev 98.24%; Δ -27.68pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 0.01% (prev 6.57%; Δ -6.56pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.00 (EBITDA TTM 34.6m / Interest Expense TTM 14.27b) >= 6 (WARN >= 3)

ValueRay F-Score (Strict, 0-100) 44.52

1. Piotroski 0.0pt = -5.0

2. FCF Yield -22.48% = -5.0

3. FCF Margin data missing

4. Debt/Equity 0.00 = 2.50

5. Debt/Ebitda data missing

6. ROIC - WACC (= 1.20)% = 1.50

7. RoE 0.00% = 0.00

8. Rev. Trend 38.46% = 2.88

9. EPS Trend -47.41% = -2.37

What is the price of GHI shares?

As of October 29, 2025, the stock is trading at USD 8.66 with a total of 53,566 shares traded.
Over the past week, the price has changed by -3.46%, over one month by -17.05%, over three months by -18.79% and over the past year by -20.62%.

Is Greystone Housing Impact a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Greystone Housing Impact (NYSE:GHI) is currently (October 2025) a stock to sell. It has a ValueRay Fundamental Rating of 44.52 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 9.48 USD . This means that GHI is currently overvalued and has a potential downside of 9.47%.

Is GHI a buy, sell or hold?

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

What are the forecasts/targets for the GHI price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	12.5	44.3%
Analysts Target Price	12.5	44.3%
ValueRay Target Price	10	15.5%

GHI Fundamental Data Overview October 29, 2025

Market Cap USD = 203.8m (203.8m USD * 1.0 USD.USD)
P/E Forward = 6.7935
P/S = 7.4561
P/B = 0.867
Beta = 0.62
Revenue TTM = 101.8m USD
EBIT TTM = 34.6m USD
EBITDA TTM = 34.6m USD
Long Term Debt = 741.2m USD (from longTermDebt, last fiscal year)
Short Term Debt = unknown (none)
Debt = 1.16b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -47.47b USD (from netDebt column, last quarter)
Enterprise Value = -46.10b USD (203.8m + Debt 1.16b - CCE 47.47b)
Interest Coverage Ratio = 0.00 (Ebit TTM 34.6m / Interest Expense TTM 14.27b)
FCF Yield = -22.48% (FCF TTM 10.36b / Enterprise Value -46.10b)
FCF Margin = 10.2k% (FCF TTM 10.36b / Revenue TTM 101.8m)
Net Margin = 1.71% (Net Income TTM 1.74m / Revenue TTM 101.8m)
Gross Margin = 70.56% ((Revenue TTM 101.8m - Cost of Revenue TTM 30.0m) / Revenue TTM)
Gross Margin QoQ = 99.99% (prev 43.74%)
Tobins Q-Ratio = -0.03 (set to none) (Enterprise Value -46.10b / Total Assets 1480.64b)
Interest Expense / Debt = 1222 % (Interest Expense 14.23b / Debt 1.16b)
Taxrate = 0.04% (-2762 / -7.07m)
NOPAT = 34.6m (EBIT 34.6m * (1 - 0.04%))
Current Ratio = 2912 (out of range, set to none) (Total Current Assets 54.47b / Total Current Liabilities 18.7m)
Debt / Equity = 0.00 (Debt 1.16b / totalStockholderEquity, last quarter 376.21b)
Debt / EBITDA = -1371 (out of range, set to none) (Net Debt -47.47b / EBITDA 34.6m)
Debt / FCF = -4.58 (Net Debt -47.47b / FCF TTM 10.36b)
Total Stockholder Equity = 196.08b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.00% (Net Income 1.74m / Total Assets 1480.64b)
RoE = 0.00% (Net Income TTM 1.74m / Total Stockholder Equity 196.08b)
RoCE = 0.02% (EBIT 34.6m / Capital Employed (Equity 196.08b + L.T.Debt 741.2m))
RoIC = 2.44% (NOPAT 34.6m / Invested Capital 1.42b)
WACC = 1.24% (E(203.8m)/V(1.37b) * Re(8.30%) + (debt cost/tax rate unavailable))
Discount Rate = 8.30% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.49%
[DCF Debug] Terminal Value 77.66% ; FCFE base≈6.23b ; Y1≈6.35b ; Y5≈6.99b
Fair Price DCF = 4982 (DCF Value 117.48b / Shares Outstanding 23.6m; 5y FCF grow 1.71% → 3.0% )
EPS Correlation: -47.41 | EPS CAGR: -10.43% | SUE: -1.02 | # QB: 0
Revenue Correlation: 38.46 | Revenue CAGR: -1.28% | SUE: -0.06 | # QB: 0

Additional Sources for GHI Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle