Greystone Housing Impact Investors LP (GHI)

GHI's stock price has been impacted by several events over the past six months. The company reported lower than expected Q3 2025 earnings and revenue, and listed a market-rate property for sale, which could signal a strategic shift. A previous dividend cut continued to affect investor sentiment, although a further dividend was declared in December 2025. GHI's stock experienced a considerable decline over the past 12 months, although there was a slight gain in early February 2026. Analysts have reduced price targets for Greystone Housing Impact Investors, reflecting a reduced outlook on the company's future performance. GHI secured an $80 million credit line, providing additional capacity for managing capital and liquidity.

The provided information does not explicitly detail the demand seasonality for Greystone Housing Impact Investors LP's products and services. However, its demand could be influenced by factors such as interest rate environments, government housing initiatives, demographic shifts, and broader economic conditions. Seasonal patterns in investor behavior, such as tax loss selling, may also impact the stock price.

Greystone Housing Impact Investors LP (GHI) is a publicly traded real estate investment trust (REIT) focused on financing and preserving affordable and sustainable rental housing in the United States. The company operates in the Diversified Financials sector, specifically in the Commercial and Residential Mortgage Finance industry. GHI acquires, holds, sells, and deals in mortgage revenue bonds (MRBs) issued by state and local housing authorities for financing various property types, including affordable multifamily housing, seniors housing, skilled nursing facilities, and commercial properties. The interest earned on these MRBs is generally tax-exempt. GHI's operations are structured across segments such as Affordable Multifamily MRB Investments, Seniors and Skilled Nursing MRB Investments, MF Properties, and Market-Rate Joint Venture Investments, with the Affordable Multifamily MRB Investments segment generating the majority of its revenue. The company also invests in governmental issuer loans and Low-Income Housing Tax Credits (LIHTC).

Greystone Housing Impact Investors LP's lending platform spans major U.S. markets, targeting properties serving low- and moderate-income tenants throughout the United States.

Greystone Housing Impact Investors has a consensus rating of "Moderate Buy" from analysts. However, short interest in GHI recently increased significantly, indicating a decrease in investor sentiment. The company's stock has underperformed both the US Diversified Financial industry and the broader US Market over the past year. A Seeking Alpha article suggests that GHI remains a "sell or avoid" due to an unsustainable price recovery and concerns about the dividend payout ratio.

Greystone Housing Impact Investors LP has a conventional ownership structure. Institutions own 3.93% of outstanding shares, insiders own 1.05%, and public/other investors hold 95.02%. Major institutional shareholders include Morgan Stanley, Raymond James Financial Inc, and Equitable Holdings, Inc. The largest insider shareholders are CEO Kenneth Rogozinski, CFO Jesse A. Coury, and Director Walter K Griffith. Insider ownership decreased during the 90 days ending February 1, 2026.