Greystone Housing Impact Investors Future Growth

Future criteria checks 5/6

Greystone Housing Impact Investors is forecast to grow earnings and revenue by 108.1% and 58.6% per annum respectively while EPS is expected to grow by 98.4% per annum.

Key information

108.1%

Earnings growth rate

98.4%

EPS growth rate

Diversified Financial earnings growth	-4.2%
Revenue growth rate	58.6%
Future return on equity	n/a
Analyst coverage	Low
Last updated	12 Nov 2024

Recent future growth updates

Recent updates

Greystone Housing Impact Investors (NYSE:GHI) Has Affirmed Its Dividend Of $0.37

Sep 17

Greystone Housing: Solid Q2 Results Reaffirm Strong Dividend Yield

Aug 14

America First Multifamily Investors reports Q4 results

Feb 23

America First Multifamily Investors declares $0.37 dividend

Dec 19

America First Multifamily Investors declares $0.37 dividend

Sep 14

America First Multifamily Investors GAAP EPS of $0.76

Aug 04

America First Multifamily Investors says San Antonio property sold, ~$19.4M cash received

Jul 20

America First: A Unique Alternative To Mortgage REITs And Muni Bonds

May 23

America First Multifamily: Interest Rate Changes Will Impact 2022

Feb 15

America First Multifamily Investors: A Solid Company But Not A Primary Target For Growth And Income Investors

Dec 03

America First Multifamily Investors: 2 Quarters, 2 Distribution Hikes

Aug 20

America First Multifamily Investors secures $40M line of credit

Jun 14

ATAX: 6% Yield From Tax Free Mortgage Bonds, 30% Discount To NAV

Jan 06

Earnings and Revenue Growth Forecasts

NYSE:GHI - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	109	43	N/A	N/A	3
12/31/2024	99	12	N/A	N/A	4
9/30/2024	34	14	18	18	N/A
6/30/2024	34	28	20	20	N/A
3/31/2024	39	43	27	28	N/A
12/31/2023	38	47	24	25	N/A
9/30/2023	27	44	20	22	N/A
6/30/2023	32	52	18	20	N/A
3/31/2023	31	50	10	12	N/A
12/31/2022	38	59	19	21	N/A
9/30/2022	54	64	30	30	N/A
6/30/2022	51	58	35	33	N/A
3/31/2022	50	49	36	36	N/A
12/31/2021	44	32	34	34	N/A
9/30/2021	37	25	26	26	N/A
6/30/2021	30	12	20	22	N/A
3/31/2021	29	8	21	21	N/A
12/31/2020	26	4	15	16	N/A
9/30/2020	30	14	17	18	N/A
6/30/2020	34	24	20	20	N/A
3/31/2020	33	23	17	17	N/A
12/31/2019	38	25	18	18	N/A
9/30/2019	42	29	20	20	N/A
6/30/2019	52	36	25	25	N/A
3/31/2019	53	35	26	26	N/A
12/31/2018	53	36	25	26	N/A
9/30/2018	54	37	21	22	N/A
6/30/2018	46	25	N/A	17	N/A
3/31/2018	46	26	N/A	15	N/A
12/31/2017	45	26	N/A	17	N/A
9/30/2017	42	17	N/A	19	N/A
6/30/2017	41	18	N/A	12	N/A
3/31/2017	42	24	N/A	15	N/A
12/31/2016	42	20	N/A	15	N/A
9/30/2016	46	20	N/A	15	N/A
6/30/2016	45	18	N/A	20	N/A
3/31/2016	45	17	N/A	20	N/A
12/31/2015	44	17	N/A	19	N/A
9/30/2015	34	14	N/A	21	N/A
6/30/2015	35	15	N/A	22	N/A
3/31/2015	32	12	N/A	20	N/A
12/31/2014	30	15	N/A	17	N/A
9/30/2014	41	15	N/A	14	N/A
6/30/2014	40	13	N/A	15	N/A
3/31/2014	39	13	N/A	13	N/A
12/31/2013	37	14	N/A	14	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GHI's forecast earnings growth (108.1% per year) is above the savings rate (2.6%).

Earnings vs Market: GHI's earnings (108.1% per year) are forecast to grow faster than the US market (15.4% per year).

High Growth Earnings: GHI's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GHI's revenue (58.6% per year) is forecast to grow faster than the US market (9% per year).

High Growth Revenue: GHI's revenue (58.6% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if GHI's Return on Equity is forecast to be high in 3 years time

Greystone Housing Impact Investors Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 35%, revenue upgraded

Consensus EPS estimates fall by 25%

Consensus EPS estimates increase by 14%, revenue downgraded

Consensus EPS estimates increase by 17%

Price target decreased by 9.1% to US$19.00

Consensus EPS estimates increase by 73%

Recent updates

Opportunity For A Tax-Advantaged 13% Yield: Greystone Housing

Consensus EPS estimates fall by 35%, revenue upgraded

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

A Winning Fat Dividend For October: Greystone Housing

Now 21% undervalued after recent price drop

Second quarter dividend of US$0.37 announced

Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution, Payable on October 31, 2024

Now 20% undervalued after recent price drop

11% Yield, Tax Efficient, And Monthly Pay: Greystone Housing

Now 22% undervalued after recent price drop

Chief Executive Officer recently bought US$56k worth of stock

Consensus EPS estimates fall by 25%

New major risk - Dividend sustainability

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Now 20% undervalued after recent price drop

Greystone Housing: Payout Ratio Reaches 160% In Q1 2024

First quarter dividend of US$0.37 announced

Greystone Housing Impact Investors LP Declares Regular Quarterly Cash Distribution, Payable on July 31, 2024

New minor risk - Profit margin trend

Chief Executive Officer recently bought US$56k worth of stock

New major risk - Revenue and earnings growth

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Greystone Housing: 9.6% Tax Advantaged Yield, Where We Would Buy

Upcoming dividend of US$0.37 per share

Fourth quarter dividend of US$0.37 announced

Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution, Payable on April 30, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates increase by 14%, revenue downgraded

Greystone Housing Impact: Mostly Good For Stable Income

Upcoming dividend of US$0.44 per share at 9.0% yield

Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution, Payable on January 31, 2024

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 21% undervalued

Earn A Massive 9.7% Tax-Free Passive Income: Greystone Housing

Consensus EPS estimates increase by 17%

New minor risk - Shareholder dilution

Upcoming dividend of US$0.37 per share at 9.3% yield

Greystone Housing Impact Investors (NYSE:GHI) Has Affirmed Its Dividend Of $0.37

Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution, Payable on October 31, 2023

Greystone Housing: Solid Q2 Results Reaffirm Strong Dividend Yield

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Robert K. Jacobsen to Join Greystone AF Manager LLC Board of Managers, Effective August 1, 2023

Upcoming dividend of US$0.37 per share at 11% yield

Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution, Payable on July 31, 2023

Price target decreased by 9.1% to US$19.00

Greystone Housing Impact Investors Appoints Jason R. Kaye as Managing Director

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.37 per share at 9.7% yield

Consensus EPS estimates increase by 73%

Chief Executive Officer recently bought US$71k worth of stock

Consensus EPS estimates increase by 29%

Full year 2022 earnings: EPS and revenues miss analyst expectations

America First Multifamily Investors reports Q4 results

An unknown buyer acquired Vantage at Stone Creek and Vantage at Coventry from Greystone Housing Impact Investors LP (NYSE:GHI) for $27.7 million.

Greystone Housing Impact Investors LP Announces Regular Quarterly Distribution, Payable on January 31, 2023

America First Multifamily Investors declares $0.37 dividend

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: US$0.83 (vs US$0.57 in 3Q 2021)

Less than half of directors are independent

Brett Southworth Joins Greystone’s ATAX Affiliate as Managing Director

Upcoming dividend of US$0.37 per share

America First Multifamily Investors, L.P. Announces Regular Quarterly Cash Distribution, Payable on October 31, 2022

America First Multifamily Investors declares $0.37 dividend

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

America First Multifamily Investors GAAP EPS of $0.76

America First Multifamily Investors says San Antonio property sold, ~$19.4M cash received

Upcoming dividend of US$0.57 per share

America First Multifamily Investors, L.P. Announces Quarterly Distribution, Payable on July 29, 2022