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Greystone Housing Impact Investors (GHI)
NYSE:GHI
RESEARCH TOOLSreports
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.47Last Year’s EPS
0.23Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: -3.65%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced sentiment with strong operational performance and strategic advances in liquidity and investment pipeline. However, challenges such as decreased book value, increased insurance costs, and market uncertainties pose significant concerns.Company Guidance
During the Greystone Housing Impact Investors' fourth quarter 2024 earnings call, several performance metrics and financial results were discussed. The company reported a GAAP net income of $10.1 million or $0.39 per unit, with a cash available for distribution (CAD) of $4.2 million or $0.18 per unit. The portfolio's physical occupancy was at 91.2% as of December 31, 2024. The book value per unit was $13.15, a decrease attributed to a drop in the fair value of the mortgage revenue bond portfolio. The company advanced $36.8 million for mortgage revenue bond investments and $32 million for governmental issuer loans in the fourth quarter. Their debt investment portfolio was valued at $1.35 billion, comprising 85% of total assets, and they held unrestricted cash of $14.7 million with $31 million available on secured lines of credit. The company also noted a net reduction in credit loss allowances by $1 million for the year. Additionally, the board is cautiously assessing distributions, considering the impact of CAD fluctuations and market conditions on their strategy.Strong Occupancy Rates
Physical occupancy on the underlying properties was at 91.2% for the stabilized mortgage revenue bond portfolio as of December 31, 2024.
Successful Lease Activities
Good leasing activity was observed in properties where construction is complete, with no material supply chain or labor disruptions on the Vantage projects under construction.
Impact of Interest Rate Derivatives
The fourth quarter GAAP net income was significantly impacted by $7 million of noncash unrealized gains on interest rate derivatives, supporting the hedging strategy.
Liquidity Improvements
Liquidity events in January 2025 added approximately $31 million to available liquidity, positioning the company well to fund current financing commitments.
Pipeline Developments
Excitement about the new construction lending joint venture with BlackRock Impact Opportunities, indicating strong future potential.
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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
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GHI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $12.60 | $12.14 | -3.65% |
| Nov 06, 2024 | $11.77 | $11.44 | -2.80% |
| Aug 07, 2024 | $13.46 | $13.04 | -3.12% |
| May 08, 2024 | $14.28 | $13.84 | -3.08% |
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.
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FAQ
When does Greystone Housing Impact Investors (GHI) report earnings?
Greystone Housing Impact Investors (GHI) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Greystone Housing Impact Investors (GHI) earnings time?
Greystone Housing Impact Investors (GHI) earnings time is at May 01, 2025, TBA Not 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 2025 (Q1) is 0.47.
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