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GHI
Upturn stock ratingUpturn stock rating

Greystone Housing Impact Investors LP (GHI)

Upturn stock ratingUpturn stock rating
$11.32
Last Close (24-hour delay)
Profit since last BUY-7.29%
upturn advisory
WEAK BUY
BUY since 10 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
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Upturn Advisory Summary

06/30/2025: GHI (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $14.83

1 Year Target Price $14.83

Analysts Price Target For last 52 week
$14.83Target price
Low$9.68
Current$11.32
high$13.93

Analysis of Past Performance

Type Stock
Historic Profit -14.22%
Avg. Invested days 48
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 278.66M USD
Price to earnings Ratio 26.47
1Y Target Price 14.83
Price to earnings Ratio 26.47
1Y Target Price 14.83
Volume (30-day avg) 3
Beta 0.67
52 Weeks Range 9.68 - 13.93
Updated Date 06/29/2025
52 Weeks Range 9.68 - 13.93
Updated Date 06/29/2025
Dividends yield (FY) 10.08%
Basic EPS (TTM) 0.45

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 39.91%
Operating Margin (TTM) 59.03%

Management Effectiveness

Return on Assets (TTM) 0.94%
Return on Equity (TTM) 3.42%

Valuation

Trailing PE 26.47
Forward PE 6.79
Enterprise Value 1437554944
Price to Sales(TTM) 8.18
Enterprise Value 1437554944
Price to Sales(TTM) 8.18
Enterprise Value to Revenue 45.27
Enterprise Value to EBITDA 14.06
Shares Outstanding 23397400
Shares Floating 22874036
Shares Outstanding 23397400
Shares Floating 22874036
Percent Insiders 2.24
Percent Institutions 9.06

Analyst Ratings

Rating 2
Target Price 14.83
Buy 1
Strong Buy 2
Buy 1
Strong Buy 2
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Greystone Housing Impact Investors LP

stock logo

Company Overview

overview logo History and Background

Greystone Housing Impact Investors LP (GHI) invests in affordable multifamily properties. Originally known as Capstead Mortgage Corporation, it transitioned its focus to affordable housing in 2021. The company seeks to generate attractive risk-adjusted returns.

business area logo Core Business Areas

  • Affordable Multifamily Housing Investments: GHI primarily invests in mortgage revenue bonds that finance affordable multifamily properties. These properties often benefit from government subsidies and tax credits.

leadership logo Leadership and Structure

Robert Del Priore is the Chief Executive Officer. The company operates as a limited partnership, with its units traded on the NYSE under the ticker symbol GHI.

Top Products and Market Share

overview logo Key Offerings

  • Mortgage Revenue Bonds (MRBs): GHI invests in MRBs that are used to finance the development and rehabilitation of affordable multifamily housing. The returns are largely driven by the credit quality of the bond issuer and the underlying properties. Market share data specifically for GHI's MRB investments is not readily available. Competitors include other REITs and investment firms specializing in affordable housing finance and bond markets.

Market Dynamics

industry overview logo Industry Overview

The affordable housing market in the US faces a significant supply shortage. Government programs like the Low-Income Housing Tax Credit (LIHTC) play a crucial role in incentivizing the development of affordable properties. Demand is strong and growing, driven by demographic trends and income inequality.

Positioning

GHI positions itself as a specialized investor in the affordable housing sector, aiming to generate attractive returns while supporting socially responsible investments. Its focus on MRBs provides a relatively stable income stream compared to direct property ownership.

Total Addressable Market (TAM)

The TAM for US affordable housing is estimated to be in the trillions of dollars, considering the vast unmet need. GHI's positioning allows it to participate in a segment of this market through its investments in mortgage revenue bonds.

Upturn SWOT Analysis

Strengths

  • Specialized focus on affordable housing
  • Experienced management team
  • Relatively stable income stream from MRBs
  • Alignment with ESG (Environmental, Social, and Governance) investing trends

Weaknesses

  • Reliance on government programs and policies
  • Sensitivity to interest rate changes
  • Concentration in a specific asset class
  • Potential for credit risk in MRB investments

Opportunities

  • Growing demand for affordable housing
  • Increased government support for affordable housing initiatives
  • Expansion into new geographic markets
  • Development of new investment products focused on affordable housing

Threats

  • Changes in government regulations and funding
  • Rising interest rates
  • Economic downturn impacting affordability
  • Increased competition in the affordable housing finance market

Competitors and Market Share

competitor logo Key Competitors

  • IVR
  • RESI
  • TWO

Competitive Landscape

GHI faces competition from other REITs and investment firms that invest in mortgage-backed securities and affordable housing. Its competitive advantage lies in its specialized focus and experience in the affordable housing market.

Growth Trajectory and Initiatives

Historical Growth: GHI's growth has been tied to the expansion of its investment portfolio in affordable housing MRBs.

Future Projections: Future growth projections depend on factors like interest rates, government policy, and the overall demand for affordable housing. Analyst estimates should be consulted for specific forecasts.

Recent Initiatives: Recent initiatives should be determined by reviewing the company's press releases, investor presentations, and SEC filings. They would likely focus on expanding its investment portfolio and managing interest rate risk.

Summary

Greystone Housing Impact Investors LP is a specialized investor in affordable housing mortgage revenue bonds. Its stable income stream is linked to government-supported projects. Rising interest rates pose a risk, but the high demand for affordable housing presents a significant opportunity. The company should focus on efficiently managing its portfolio and diversifying its investments within the sector.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Greystone Housing Impact Investors LP SEC Filings
  • Greystone Housing Impact Investors LP Investor Relations
  • Industry Reports on Affordable Housing
  • Analyst Reports on Mortgage REITs

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It is not financial advice. Market share percentages are estimates based on investment portfolio data of comparable companies.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Greystone Housing Impact Investors LP

Exchange NYSE
Headquaters Omaha, NE, United States
IPO Launch date 1986-04-02
CEO -
Sector Financial Services
Industry Mortgage Finance
Full time employees -
Full time employees -

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 permanent financing for multifamily, student, and senior citizen housing; skilled nursing properties; and commercial properties in the United States. The company operates through four segments: Affordable Multifamily Investments; Seniors and Skilled Nursing Investments; Market-Rate Joint Venture Investments; and MF Properties. It also invests in governmental issuer loans. The company was formerly known as America First Multifamily Investors, L.P. and changed its name to Greystone Housing Impact Investors LP in December 2022. Greystone Housing Impact Investors LP was incorporated in 1998 and is based in Omaha, Nebraska.