Greystone Housing Impact Investors LP

GHI · NYSE

$4.75−$0.055 (−1.14%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $4.81

GHI analyst rating

BuyConsensus of 2 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy1
Hold1
Underperform0
Sell0

12-month price target · 2 analysts

Average $7.14 (+50.3% upside)

Low: $7.07
Now: $4.75
High: $7.35

Upgrades and downgrades

The latest rating actions, newest first

GHI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Citizens	Mar 20, 2026	Downgrade	Market Outperform → Market Perform	—	26%
Jones Trading	Mar 20, 2026	Maintains	Buy	$9.00 → $7.00	44%
Citizens	Nov 7, 2025	Maintains	Market Outperform	$14.00 → $12.00	26%
Jones Trading	Nov 7, 2025	Maintains	Buy	$11.00 → $9.00	44%

The case for and against

Updated Apr 28, 2026

Bull case

Greystone Housing Impact is expected to face challenges in their joint-venture investments due to a saturated market for market-rate multifamily properties and pressure on municipal bond markets. However, their decision to divest this strategy and focus on their core strategy of mortgage revenue bonds and government-insured loans is a smart move, as it will likely result in better return on investments. In the short-term, their dividend may be at risk until they are able to redeploy their capital. Despite these challenges, the company has not realized any significant losses on their joint-venture investments and is expected to recycle their capital into tax-advantaged investments, further supporting their positive outlook.

Bear case

Greystone Housing Impact is expected to struggle in the near term due to continued losses in its JV equity investments, a challenging environment for commercial real estate financing, and the cut of its distribution to investors. The partnership faces significant risk from its leveraged strategy and low liquidity in its shares. While it has made strides in deploying capital in its core businesses, the potential phase-out of LIBOR and changing regulatory environment may further impact its performance.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.