Greystone Housing Impact Investors Lp (GHI)
NYSE:GHI
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Earnings Data
Report Date
Apr 30, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.22Last Year’s EPS
0.31Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed outlook: management acknowledged meaningful near-term challenges (GAAP losses driven by JV lease-up operating losses, deed-in-lieu on four South Carolina properties, occupancy softness in select markets, and a market price at a ~50% discount to book). Offsetting strengths include a substantial mortgage revenue bond portfolio ($1.28B), ample liquidity (cash and credit availability), positive CAD, tangible recent returns of capital from JVs, a defined strategy to shift into more stable tax‑exempt mortgage revenue bonds, and interest-rate hedging that limits sensitivity. Given the balance of concrete operational/valuation headwinds and a clear, plausible plan plus adequate liquidity, the overall tone is cautious but constructive.Company Guidance
Clear Strategic Repositioning Toward Tax-Exempt Mortgage Revenue Bonds
Management announced a deliberate shift away from market-rate multifamily JV equity investments toward high-quality tax-exempt mortgage revenue bond investments to drive more stable, tax-advantaged recurring earnings and reduce volatility from sales-driven JV income.
Positive Cash Available for Distribution (CAD)
Reported CAD of $2.8 million for Q4 2025, or $0.12 per unit, demonstrating current positive cash generation despite a GAAP loss.
Sustainable Quarterly Distribution Set
Board and management set a new quarterly unitholder distribution level of $0.14 per unit, described as sustainable while the partnership repositions its portfolio.
Strong Mortgage/Debt Investment Base and Liquidity
Debt investment portfolio totaled $1.28 billion (85% of total assets) with 83 mortgage revenue bonds across 12 states. Unrestricted cash of $39.5 million and ~$49.2 million availability on secured lines of credit as of Dec 31, 2025.
Recent Return of Capital from JV Projects
Received $4.5 million return of capital from two projects (Carson Valley and Freestone Greenville) after rightsizing construction financing; reflects JV partners' execution and ability to return capital.
Interest Rate Sensitivity Largely Hedged
Interest rate sensitivity analysis indicates an immediate 100 bps move would change net interest income and CAD by approximately $1.1 million (about $0.049 per unit); 79% of debt financing ($802M) is structured to be generally insulated from short-term rate changes.
Favorable Municipal Market Backdrop
Municipal market recovered in H2 2025: high-grade muni index +4.3% and high-yield +2.5% for 2025; record muni issuance ($582B) and positive fund flows (+$49B) support secondary market liquidity for mortgage revenue bonds.
Greystone Housing Impact Investors (GHI) Earnings, Revenues Date & History
GHI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GHI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 16, 2026 | $6.98 | $6.00 | -14.06% |
Nov 06, 2025 | $7.71 | $6.88 | -10.80% |
Aug 11, 2025 | $9.39 | $9.45 | +0.68% |
May 07, 2025 | $10.32 | $10.10 | -2.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Greystone Housing Impact Investors Lp (GHI) report earnings?
Greystone Housing Impact Investors Lp (GHI) is schdueled to report earning on Apr 30, 2026, TBA (Confirmed).
What is Greystone Housing Impact Investors Lp (GHI) earnings time?
Greystone Housing Impact Investors Lp (GHI) earnings time is at Apr 30, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GHI EPS forecast?
GHI EPS forecast for the fiscal quarter 2026 (Q1) is 0.22.