Accessibility Menu
Greystone Housing Impact Investors logo

Greystone Housing Impact Investors

(NYSE) GHI

Current Price$5.21
Market Cap$122.15MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1992)+433%
5 Year-54%
1 Year-48%
1 Month+3%
Greystone Housing Impact Investors last closing stock price
MetricPriceDate
Last closeUSD 5.252026-07-16
Greystone Housing Impact Investors stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-2.96%USD 5.412026-07-09
1 month+3.36%USD 5.082026-06-16
3 month+1.6%USD 5.172026-04-17
Year to date-19.75%USD 6.542025-12-31
1 year-47.96%USD 10.092025-07-16
3 year-53.91%USD 11.392023-07-17
5 year-54.1%USD 11.442021-07-16
Since inception+432.91%USD 0.991992-05-01

Greystone Housing Impact Investors Financials at a Glance

Market Cap

$122.15MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$68.96M

Net Income (TTM)

-$9.61M

EPS (TTM)

-$0.60

P/E Ratio

-8.69

Dividend

$0.83

Beta (Volatility)

0.40 (Low)

Price

$5.21

Volume

19,507.519

Open

$5.24

Previous Close

$5.25

Daily Range

$5.19 - $5.28

52-Week Range

$4.71 - $11.45

Estimated Earnings Date

Aug 6, 2026

GHI News

Foolcom-Featured.png

Greystone (GHI) Q2 Loss Widens 236%

Motley Fool Markets TeamAug 7, 2025

GHI: Motley Fool Moneyball Superscore

30

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About Greystone Housing Impact Investors

Greystone helps finance affordable housing and senior living projects in the US. Its investments support new apartment buildings and care facilities. These services make housing more accessible for families and older adults.

Products and Services

  • Affordable Multifamily MRBs: Mortgage revenue bonds for affordable apartment projects; 93.9% of 2025 revenue.
  • Seniors and Skilled Nursing MRBs: Bonds for senior and nursing care housing; 5.9% of 2025 revenue.
  • Market-Rate Joint Venture Investments: Equity stakes in market-rate housing projects; less than 1% of 2025 revenue.
  • MF Properties: Direct ownership of residential properties; less than 1% of 2025 revenue.
  • Governmental Issuer Loans (GILs): Loans for building or renovating affordable and senior housing.

Growth and Expansion

  • Changed name from America First Multifamily Investors to Greystone in December 2022.
  • Formed Construction Lending JV with BlackRock Impact Opportunities in October 2024.
  • Issued 2.5 million Series B Preferred Units for $25 million in 2025.
  • Filed shelf registration in November 2025 for up to $200 million in new securities.
  • Acquired four new MF Properties in early 2026.

What Makes Greystone Stand Out

Greystone focuses on tax-advantaged investments in affordable and senior housing. It uses joint ventures and securitization to manage risk and income. The company passes tax benefits directly to investors through its partnership structure.

Five Things You Need to Know

  • Revenue was $17 million in Q4 2025, down 44.3% from Q4 2024.
  • Net income was negative $7.6 million in 2025, down from $21.3 million in 2024.
  • Cash available for distribution was $19.1 million in 2025, down 12.8% year-over-year.
  • Leverage ratio was 75% at December 31, 2025; maximum allowed is 80%.
  • MRB investments covered 10,865 housing units across 12 states in 2025.

Bottom Line

Greystone has shifted focus to stable, recurring income from affordable housing bonds. The company adapts to market changes while managing risk and supporting essential housing needs.

AI Generated • Apr 16, 2026

Industry

Diversified Financial Services

Sector

Financials

Employees

17

CEO

Kenneth C. Rogozinski, MBA

Website

www.ghiinvestors.com

Headquarters

Omaha, NE 68154, US

GHI Financials

Key Financial Metrics (TTM)

Gross Margin

28.33%

Operating Margin

-12.74%

Net Income Margin

-13.94%

Return on Equity

-0.01%

Return on Capital

-0.46%

Return on Assets

-0.00%

Earnings Yield

-11.51%

Dividend Yield

15.81%

Payout Ratio

-3.43%

Stock Overview

Market Cap

$122.15MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

23.27M

Volume

19.51K

Avg. Volume

63.12K

Financials (TTM)

Gross Profit

$19.53M

Operating Income

-$8.79M

EBITDA

-$6.03M

Operating Cash Flow

-$80.67M

Capital Expenditure

-$63.30M

Free Cash Flow

-$143.97M

Cash & ST Invst.

$20.63B

Total Debt

$1.10B

Greystone Housing Impact Investors Performance Analysis

Greystone Housing Impact Investors annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 122,816,96946.0%
20232023-12-31USD 138,451,92712.7%
20242024-12-31USD 101,305,077-26.8%
20252025-12-31USD 85,317,099-15.8%
Greystone Housing Impact Investors sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30-4.5%
Q32025-09-30-2.0%
Q42025-12-31-55.0%
Q12026-03-31100.2%
Greystone Housing Impact Investors annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 2.5971.5%
20232023-12-31USD 2.07-19.9%
20242024-12-31USD 0.77-62.7%
20252025-12-31USD -0.50N/A
Greystone Housing Impact Investors sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30-418.2%
Q32025-09-30111.5%
Q42025-12-31-848.1%
Q12026-03-31103.2%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$18.42M

-15.7%

Gross Profit

$5.25M

-32.0%

Gross Margin

28.51%

N/A

Market Cap

$122.15MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$7.19M

N/A

Employees

17

N/A

Net Income

$1.33M

-60.1%

EBITDA

$4.07M

+22.3%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$20.63B

+40040.8%

Total Debt

$1.10B

-1.6%

Accounts Receivable

$7.02B

+12780.7%

Inventory

$0.00

N/A

Long Term Debt

$783.80M

-29.7%

Short Term Debt

$313.14M

N/A

Return on Assets

-0.00%

N/A

Return on Invested Capital

-0.00%

N/A

Free Cash Flow

-$170.52M

-1748.7%

Operating Cash Flow

-$107.22M

-1136.6%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
YBYuanbao Inc. American Depositary Shares
$13.94-0.36%
SWKHSWK Holdings Corporation
$15.90-4.96%
CPSSConsumer Portfolio Services, Inc.
$9.42+1.51%
PMTSCPI Card Group Inc.
$18.91-1.36%

Trending Stocks

Symbol / CompanyPricePrice Chg
AALAmerican Airlines Group
$15.12-0.03%
TQQQProShares Trust - ProShares UltraPro Qqq
$68.87-0.03%
MUUDirexion Shares ETF Trust - Direxion Daily Mu Bull 2x Shares
$29.95+0.09%
SKHYSK Hynix
$160.60+0.05%

Questions About GHI

What is the current price of Greystone Housing Impact Investors?

Greystone Housing Impact Investors is trading at $5.21 per share.

What is the 52-week range for Greystone Housing Impact Investors?

Over the past 52 weeks, Greystone Housing Impact Investors has traded between $4.71 and $11.45.

How much debt does Greystone Housing Impact Investors have?

As of the most recent reporting period, Greystone Housing Impact Investors reported total debt of $1.10B.

How much cash does Greystone Housing Impact Investors have on hand?

Greystone Housing Impact Investors reported $32.41M in cash and cash equivalents in its most recent financial results.

What is Greystone Housing Impact Investors’s dividend yield?

Greystone Housing Impact Investors currently has a dividend yield of 15.81%.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services