Greystone Housing Impact Investors
Financier of affordable rental housing through mortgage bonds and issuer loans.
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Profile
Supplies debt and equity capital to U.S. affordable multifamily, seniors, and skilled-nursing properties, chiefly through mortgage revenue bonds and governmental issuer loans. Income is primarily interest-based, within an externally managed limited-partnership structure that relies on leverage, capital-markets financing, and property-level repayment.
Provides capital for affordable rental housing chiefly by acquiring tax-exempt mortgage revenue bonds and governmental issuer loans. The portfolio also includes taxable companion debt, property loans, construction-lending interests, and joint-venture equity across multifamily, seniors, and skilled-nursing projects in the United States.
Earns mainly investment and other interest income from its affordable multifamily portfolio, while joint-venture investments depend on operations, refinancing, or sales. Externally managed through a Greystone-controlled general-partner chain, it uses leverage, capital-markets financing, and interest-rate hedges. Repayment on most mortgage revenue bonds relies on property cash flow and sale or refinancing proceeds; tax-exempt interest depends on legal and property-compliance requirements.
Company facts
Key statistics
Year to date −10.2% · Average volume (30d) 71.7K
Analysts
Ratings
Target range
Latest analyst notes
No analyst notes in the last 24 months.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 10, 2026Q2 FY26 | $0.11 | $0.10 | −9.1% | $20.5M | $21.2M | +3.4% | 0.00% |
| May 11, 2026Q1 FY26 | $0.22 | $0.13 | −40.9% | $22.5M | $21.8M | −3.1% | +2.16% |
| Mar 16, 2026Q4 FY25 | $0.39 | $0.12 | −69.2% | $24.3M | $17.2M | −29.5% | −14.07% |
| Nov 6, 2025Q3 FY25 | $0.60 | $0.03 | −95.0% | $24.3M | $20.5M | −16.0% | −3.95% |
Financial highlights
| 11 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $21.9M | $20.9M | $20.5M | $9.2M | $18.4M | $21.2M | |
| Gross profit | $7.7M | $6.7M | $7.3M | $308.4K | $5.3M | $7.8M | |
| Operating income | $3.3M | −$7.1M | $2.0M | −$5.0M | $1.3M | −$1.5M | |
| Net income | $3.3M | −$7.1M | $2.0M | −$5.8M | $1.3M | −$1.5M | |
| Diluted EPS | $0.11 | −$0.35 | $0.04 | −$0.30 | $0.01 | −$0.11 | |
| Gross margin | 35.3% | 31.9% | 35.8% | 3.4% | 28.5% | 36.8% | |
| Operating margin | 15.2% | -33.9% | 9.6% | -54.4% | 7.2% | -7.2% |
Fiscal years (4-quarter sums)FY24 $100.0M · FY25 $72.4M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $56.2K · Total debt $990.4M · Total assets $1.39B · Shareholders' equity $366.2M
Dividends
Last cut to $0.14 from $0.25 in Mar 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 30, 2026 | Jun 30 | Jul 31 | $0.14 | |
| Mar 31, 2026 | Mar 31 | Apr 30 | $0.14 | cut from $0.25 |
| Dec 31, 2025 | Dec 31 | Jan 30 | $0.25 | cut from $0.30 |
| Sep 30, 2025 | Sep 30 | Oct 31 | $0.30 | |
| Jun 30, 2025 | Jun 30 | Jul 31 | $0.30 | cut from $0.37 |
| Mar 31, 2025 | Mar 31 | Apr 30 | $0.37 | |
| Dec 31, 2024 | Dec 31 | Jan 31 | $0.37 | |
| Sep 30, 2024 | Sep 30 | Oct 31 | $0.37 |
Ownership
Shares outstanding 23.56M · Float 23.08M · 98.0% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Equitable Holdings, Inc. | 623.9K | 2.65% | 13F | Aug 17, 2026 |
| Morgan Stanley | 557.5K | 2.37% | 13F | Aug 13, 2026 |
| Bluefin Capital Management, LLC | 103.2K | 0.44% | 13F | Aug 14, 2026 |
| Susquehanna International Group, LLP | 99.6K | 0.42% | 13F | Aug 14, 2026 |
| Raymond James Financial Inc | 61.0K | 0.26% | 13F | Aug 14, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- PNC Financial Services Group
Affordable multifamily debt, agency lending, and LIHTC equity.
- Wells Fargo
Affordable-housing construction, bridge, and permanent debt.
- Bank of America
Affordable-housing debt, tax-exempt options, and equity.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Greystone Housing Impact Investors | $6.28 | −0.63% | $148.9M | — | 10.9 | 2.1 | −12.7% |
| PNC Financial Services Group | $256.30 | +5.78% | $96.65B | 13.3 | 11.9 | 2.7 | +21.4% |
| Wells Fargo | $86.69 | +0.01% | $262.12B | 12.5 | 11.6 | 2.0 | +8.6% |
| Bank of America | $62.30 | −0.04% | $442.26B | 14.4 | 12.7 | 2.3 | +19.3% |
| Median | 13.3 | 11.9 | 2.3 | +19.3% |