America First Multifamily Investors LP Company Profile (NASDAQ:ATAX)

About America First Multifamily Investors LP (NASDAQ:ATAX)

America First Multifamily Investors LP logoAmerica First Multifamily Investors, L.P. is engaged in acquiring, holding, selling and dealing with a portfolio of mortgage revenue bonds, which have been issued to provide construction and/or permanent financing for multifamily and student housing (collectively Residential Properties) and commercial properties. Its segments are Mortgage Revenue Bond Investments, MF Properties, Public Housing Capital Fund Trusts and mortgage-backed securities (MBS) Investments. Its Mortgage Revenue Bond Investments segment consists of its portfolio of mortgage revenue bonds, which have been issued to provide construction and/or permanent financing for the residential properties and a commercial property. The MF Properties segment consists of indirect equity interests in multifamily, student housing, and senior citizen residential properties, which are not financed by mortgage revenue bonds held by the Company, but which it intends to finance by such bonds through a restructuring.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Mortgage Investment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:ATAX
  • CUSIP: N/A
  • Web: www.ataxfund.com
Capitalization:
  • Market Cap: $355.49 million
  • Outstanding Shares: 60,252,000
Average Prices:
  • 50 Day Moving Avg: $5.74
  • 200 Day Moving Avg: $5.64
  • 52 Week Range: $5.10 - $6.11
P/E:
  • Trailing P/E Ratio: 15.09
  • Foreward P/E Ratio: 23.60
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $41.89 million
  • Price / Sales: 8.49
  • Book Value: $4.92 per share
  • Price / Book: 1.20
Dividend:
  • Annual Dividend: $0.50
  • Dividend Yield: 8.6%
Profitability:
  • Net Margins: 50.35%
  • Return on Equity: 8.38%
  • Return on Assets: 3.21%
Debt:
  • Debt-to-Equity Ratio: 1.44%
  • Current Ratio: 6.22%
  • Quick Ratio: 6.22%
Misc:
  • Average Volume: 106,357 shs.
  • Beta: 0.62
  • Short Ratio: 0.21
 

Frequently Asked Questions for America First Multifamily Investors LP (NASDAQ:ATAX)

What is America First Multifamily Investors LP's stock symbol?

America First Multifamily Investors LP trades on the NASDAQ under the ticker symbol "ATAX."

How often does America First Multifamily Investors LP pay dividends? What is the dividend yield for America First Multifamily Investors LP?

America First Multifamily Investors LP declared a quarterly dividend on Monday, March 13th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.125 per share on Friday, April 28th. This represents a $0.50 annualized dividend and a yield of 8.47%. The ex-dividend date of this dividend is Wednesday, March 29th. View America First Multifamily Investors LP's Dividend History.

How will America First Multifamily Investors LP's stock buyback program work?

America First Multifamily Investors LP announced that its board has approved a stock repurchase program on Thursday, April 6th 2017, which permits the company to buyback 250,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

How were America First Multifamily Investors LP's earnings last quarter?

America First Multifamily Investors LP (NASDAQ:ATAX) announced its quarterly earnings data on Friday, May, 5th. The company reported $0.10 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.06 by $0.04. The business had revenue of $16 million for the quarter, compared to analyst estimates of $16.36 million. America First Multifamily Investors LP had a net margin of 50.35% and a return on equity of 8.38%. View America First Multifamily Investors LP's Earnings History.

When will America First Multifamily Investors LP make its next earnings announcement?

America First Multifamily Investors LP is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for America First Multifamily Investors LP.

Where is America First Multifamily Investors LP's stock going? Where will America First Multifamily Investors LP's stock price be in 2017?

1 analysts have issued twelve-month target prices for America First Multifamily Investors LP's shares. Their predictions range from $6.00 to $6.00. On average, they expect America First Multifamily Investors LP's stock price to reach $6.00 in the next year. View Analyst Ratings for America First Multifamily Investors LP.

Who are some of America First Multifamily Investors LP's key competitors?

Who owns America First Multifamily Investors LP stock?

America First Multifamily Investors LP's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include UBS Group AG (0.00%), America First Investment Advisors LLC (0.69%), Raymond James Financial Services Advisors Inc. (0.00%), Renaissance Technologies LLC (0.00%), Morgan Stanley (0.00%) and Wells Fargo & Company MN (0.32%). Company insiders that own America First Multifamily Investors LP stock include Chad L Daffer, Clayton K Yeutter, Craig Steven Allen, George H Krauss, Patrick J Jung and Walter K Griffith. View Institutional Ownership Trends for America First Multifamily Investors LP.

Who sold America First Multifamily Investors LP stock? Who is selling America First Multifamily Investors LP stock?

America First Multifamily Investors LP's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, America First Investment Advisors LLC, Renaissance Technologies LLC, JPMorgan Chase & Co., Creative Planning, Stifel Financial Corp and Cutler Group LP. View Insider Buying and Selling for America First Multifamily Investors LP.

Who bought America First Multifamily Investors LP stock? Who is buying America First Multifamily Investors LP stock?

America First Multifamily Investors LP's stock was purchased by a variety of institutional investors in the last quarter, including Raymond James Financial Services Advisors Inc., Wells Fargo & Company MN, Private Advisor Group LLC, Geode Capital Management LLC, Cambridge Investment Research Advisors Inc. and UBS Group AG. Company insiders that have bought America First Multifamily Investors LP stock in the last two years include Chad L Daffer, Clayton K Yeutter, Craig Steven Allen, George H Krauss, Patrick J Jung and Walter K Griffith. View Insider Buying and Selling for America First Multifamily Investors LP.

How do I buy America First Multifamily Investors LP stock?

Shares of America First Multifamily Investors LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of America First Multifamily Investors LP stock cost?

One share of America First Multifamily Investors LP stock can currently be purchased for approximately $5.90.

Analyst Ratings

Consensus Ratings for America First Multifamily Investors LP (NASDAQ:ATAX) (?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $6.00 (1.69% upside)

Analysts' Ratings History for America First Multifamily Investors LP (NASDAQ:ATAX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/8/2017Oppenheimer Holdings Inc.Set Price TargetBuy$6.00MediumView Rating Details
(Data available from 5/22/2015 forward)

Earnings

Earnings History for America First Multifamily Investors LP (NASDAQ:ATAX)
Earnings by Quarter for America First Multifamily Investors LP (NASDAQ:ATAX)
Earnings History by Quarter for America First Multifamily Investors LP (NASDAQ:ATAX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2017        
5/5/2017Q1 2017$0.06$0.10$16.36 million$16.00 millionViewN/AView Earnings Details
3/3/2017Q4 2016$0.06$0.09$14.60 million$15.90 millionViewN/AView Earnings Details
11/7/2016Q3$0.09$0.07$16.37 million$13.20 millionViewListenView Earnings Details
8/5/2016Q2 2016$0.08$0.15$16.42 million$14.90 millionViewN/AView Earnings Details
5/2/2016Q116$0.08$0.04$15.40 million$14.93 millionViewN/AView Earnings Details
8/6/2015Q215$0.10$0.12$15.50 million$17.12 millionViewN/AView Earnings Details
5/7/2015Q115$0.08$0.04$13.44 million$13.31 millionViewN/AView Earnings Details
11/6/2014Q3 2014$0.09$0.06$11.84 millionViewN/AView Earnings Details
8/8/2014Q2 2014$0.09$0.05$12.16 million$11.25 millionViewN/AView Earnings Details
5/8/2014Q1 2014$0.12$0.10$13.51 million$13.20 millionViewN/AView Earnings Details
4/4/2014$0.12$0.04ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for America First Multifamily Investors LP (NASDAQ:ATAX)
2017 EPS Consensus Estimate: $0.20
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.06$0.06$0.06
Q2 20171$0.04$0.04$0.04
Q3 20171$0.05$0.05$0.05
Q4 20171$0.05$0.05$0.05
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for America First Multifamily Investors LP (NASDAQ:ATAX)
Most Recent Dividend:4/28/2017
Annual Dividend:$0.50
Dividend Yield:8.47%
Payout Ratio:125.00% (Trailing 12 Months of Earnings)
208.33% (Based on This Year's Estimates)
200.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for America First Multifamily Investors LP (NASDAQ:ATAX)

Dividend History by Quarter for America First Multifamily Investors LP (NASDAQ:ATAX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/13/2017Quarterly$0.138.85%3/29/20173/31/20174/28/2017
12/28/2016special$0.1312/28/201612/30/20161/30/2017
9/14/2016Quarterly$0.138.21%9/28/20169/30/201610/31/2016
6/14/2016Quarterly$0.139.04%6/28/20166/30/20167/29/2016
3/15/2016quarterly$0.139.67%3/29/20163/31/20164/29/2016
12/15/2015quarterly$0.139.67%12/29/201512/31/20151/29/2016
9/15/2015quarterly$0.139.16%9/28/20159/30/201510/30/2015
6/16/2015quarterly$0.138.76%6/26/20156/30/20157/31/2015
3/16/2015quarterly$0.138.82%3/27/20153/31/20154/30/2015
12/16/2014quarterly$0.139.21%12/29/201412/31/20141/30/2015
9/16/2014quarterly$0.138.33%9/26/20149/30/201410/31/2014
6/13/2014quarterly$0.138.24%6/26/20146/30/20147/31/2014
3/17/2014quarterly$0.138.35%3/27/20143/31/20144/30/2014
12/16/2013quarterly$0.137.84%12/27/201312/31/20131/31/2014
9/13/2013quarterly$0.137.13%9/26/20139/30/201310/31/2013
6/14/2013quarterly$0.137.28%6/26/20136/28/20137/31/2013
3/18/2013quarterly$0.136.93%3/26/20133/29/20134/30/2013
12/13/2012quarterly$0.137.14%12/27/201212/31/20121/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for America First Multifamily Investors LP (NASDAQ:ATAX)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 8.21%
Insider Trades by Quarter for America First Multifamily Investors LP (NASDAQ:ATAX)
Institutional Ownership by Quarter for America First Multifamily Investors LP (NASDAQ:ATAX)
Insider Trades by Quarter for America First Multifamily Investors LP (NASDAQ:ATAX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/9/2017Craig Steven AllenCFOBuy385$5.80$2,233.00View SEC Filing  
12/2/2016Chad L DafferCEOBuy17,857$5.57$99,463.49View SEC Filing  
11/9/2016George H KraussDirectorBuy1,295$5.75$7,446.25View SEC Filing  
9/19/2016Patrick J JungDirectorBuy2,500$5.97$14,925.00View SEC Filing  
8/24/2016Patrick J JungDirectorBuy2,500$5.72$14,300.00View SEC Filing  
8/11/2016Chad L DafferCEOBuy28,000$5.65$158,200.00View SEC Filing  
8/9/2016George H KraussDirectorBuy1,286$5.65$7,265.90View SEC Filing  
5/13/2016George H KraussDirectorBuy1,310$5.40$7,074.00View SEC Filing  
3/21/2016Patrick J JungDirectorBuy2,800$5.25$14,700.00View SEC Filing  
3/10/2016George H KraussDirectorBuy1,350$5.16$6,966.00View SEC Filing  
12/18/2015George H KraussDirectorBuy19,800$5.19$102,762.00View SEC Filing  
11/24/2015Walter K GriffithDirectorBuy10,000$5.35$53,500.00View SEC Filing  
11/12/2015George H. KraussDirectorBuy2,331$5.49$12,797.19View SEC Filing  
11/9/2015Clayton K. YeutterDirectorBuy4,000$5.38$21,520.00View SEC Filing  
9/9/2015George H KraussDirectorBuy1,053$5.30$5,580.90View SEC Filing  
6/17/2015Clayton K YeutterDirectorBuy8,000$5.64$45,120.00View SEC Filing  
6/11/2015George H KraussDirectorBuy1,900$5.59$10,621.00View SEC Filing  
3/18/2015Craig Steven AllenCFOBuy1,400$5.65$7,910.00View SEC Filing  
12/19/2014Clayton K YeutterDirectorBuy4,000$5.61$22,440.00View SEC Filing  
12/16/2014George H KraussDirectorBuy3,652$5.35$19,538.20View SEC Filing  
12/15/2014Martin MassengaleDirectorBuy1,000$5.35$5,350.00View SEC Filing  
12/12/2014Gail Walling YanneyDirectorBuy16,362$5.30$86,718.60View SEC Filing  
12/11/2014Patrick J JungDirectorBuy5,000$5.25$26,250.00View SEC Filing  
9/8/2014Patrick J JungDirectorBuy4,000$6.04$24,160.00View SEC Filing  
5/20/2014Michael B YanneyDirectorBuy33,167$6.09$201,987.03View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for America First Multifamily Investors LP (NASDAQ:ATAX)
Latest Headlines for America First Multifamily Investors LP (NASDAQ:ATAX)
Source:
DateHeadline
americanbankingnews.com logoQ2 2017 EPS Estimates for America First Multifamily Investors LP (ATAX) Lowered by Oppenheimer Holdings
www.americanbankingnews.com - May 10 at 8:42 AM
americanbankingnews.com logoOppenheimer Holdings Inc. Reiterates $6.00 Price Target for America First Multifamily Investors LP (ATAX)
www.americanbankingnews.com - May 9 at 6:52 PM
seekingalpha.com logoAmerica First's (ATAX) CEO Chad Daffer on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 9 at 9:07 AM
americanbankingnews.com logoAmerica First Multifamily Investors LP (ATAX) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 8 at 5:28 PM
americanbankingnews.com logoAmerica First Multifamily Investors LP (ATAX) Announces Earnings Results
www.americanbankingnews.com - May 8 at 3:18 PM
finance.yahoo.com logoInvestor Network: America First Multifamily Investors, L.P. to Host Earnings Call
finance.yahoo.com - May 8 at 10:43 AM
nasdaq.com logoAmerica First Multifamily Investors, L.P. Reports First Quarter 2017 Earnings
www.nasdaq.com - May 5 at 3:43 PM
marketbeat.com logoAmerica First posts 1Q profit
marketbeat.com - May 5 at 8:26 AM
americanbankingnews.com logoAmerica First Multifamily Investors LP (ATAX) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - May 2 at 6:28 PM
americanbankingnews.com logoAmerica First Multifamily Investors (ATAX) Given Daily News Sentiment Score of 0.26
www.americanbankingnews.com - April 29 at 2:27 PM
americanbankingnews.com logoAmerica First Multifamily Investors LP (ATAX) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - April 29 at 1:22 AM
americanbankingnews.com logoAmerica First Multifamily Investors LP (ATAX) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - April 29 at 1:02 AM
americanbankingnews.com logoAmerica First Multifamily Investors (ATAX) Given Daily Media Impact Rating of 0.29
www.americanbankingnews.com - April 26 at 4:52 PM
finance.yahoo.com logoAmerica First Multifamily Investors, L.P. Increases Unsecured Line of Credit Commitment With Lead Participant, Bankers Trust Company, to $50 Million
finance.yahoo.com - April 25 at 11:05 AM
americanbankingnews.com logoAmerica First Multifamily Investors (ATAX) Receiving Somewhat Favorable Press Coverage, Study Finds
www.americanbankingnews.com - April 22 at 1:35 PM
finance.yahoo.com logoAmerica First Multifamily Investors LP breached its 50 day moving average in a Bullish Manner : ATAX-US : April 14, 2017
finance.yahoo.com - April 14 at 11:25 AM
globenewswire.com logoAmerica First Multifamily Investors, L.P. Schedules First Quarter ... - GlobeNewswire (press release)
globenewswire.com - April 11 at 8:44 PM
finance.yahoo.com logoAmerica First Multifamily Investors LP : ATAX-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017
finance.yahoo.com - April 11 at 3:42 PM
americanbankingnews.com logoAmerica First Multifamily Investors (ATAX) to Buyback 250,000 Outstanding Shares
www.americanbankingnews.com - April 6 at 3:01 PM
nasdaq.com logoFinancial Sector Update for 04/03/2017: ATAX - Nasdaq
www.nasdaq.com - April 3 at 4:00 PM
seekingalpha.com logoAmerican First Multifamily Investors, L.P. - A History Of Distributions Isn't Enough - Seeking Alpha
seekingalpha.com - April 3 at 4:00 PM
nasdaq.com logoAmerica First Multifamily Investors, LP (ATAX) Ex-Dividend Date Scheduled for March 29, 2017 - Nasdaq
www.nasdaq.com - March 28 at 3:40 PM
seekingalpha.com logoAmerica First Multifamily Investors goes ex-dividend tomorrow
seekingalpha.com - March 28 at 11:08 AM
americanbankingnews.com logoAmerica First Multifamily Investors LP Announces Quarterly Dividend of $0.13 (ATAX)
www.americanbankingnews.com - March 24 at 11:52 AM
streetinsider.com logoAmerica First Multifamily Investors (ATAX) Sells Northern View Property for $13.8M
www.streetinsider.com - March 18 at 3:36 PM
reuters.com logoBRIEF-America First Multifamily Investors announces the sale of Northern View
www.reuters.com - March 17 at 4:20 PM
finance.yahoo.com logoAmerica First Multifamily Investors, L.P. Announces the Sale of Northern View, an MF Property
finance.yahoo.com - March 17 at 4:20 PM
biz.yahoo.com logoAMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - March 17 at 4:20 PM
globenewswire.com logoAmerica First Multifamily Investors, LP Announces Unit Repurchase Program - GlobeNewswire (press release)
globenewswire.com - March 10 at 9:31 PM
finance.yahoo.com logoAMERICA FIRST MULTIFAMILY INVESTORS, L.P. Financials
finance.yahoo.com - March 9 at 4:16 PM
us.rd.yahoo.com logoAmerica First Multifamily Investors, L.P. Announces Unit Repurchase Program
us.rd.yahoo.com - March 8 at 4:23 PM
us.rd.yahoo.com logo8:01 am America First Tax Exempt Investors announces that the Board of Managers of Burlington Capital, co's GP, authorized a program for the repurchase of up to 254,656 of the Partnership's outstanding beneficial unit certificates represent
us.rd.yahoo.com - March 8 at 4:23 PM
biz.yahoo.com logoAMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhi
biz.yahoo.com - March 8 at 4:23 PM
seekingalpha.com logoAmerica First Multifamily Investors' (ATAX) Chad Daffer on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 7 at 8:54 AM
finance.yahoo.com logoEdited Transcript of ATAX earnings conference call or presentation 6-Mar-17 9:30pm GMT
finance.yahoo.com - March 7 at 8:54 AM
finance.yahoo.com logoAmerica First Multifamily Investors, L.P. Receives Proceeds of $6,131,000 From Issuance of Series A Preferred Units
finance.yahoo.com - March 6 at 11:03 AM
finance.yahoo.com logo8:06 am America First Tax Exempt Investors enters into a Subscription Agreement to issue 613,100 Series A Preferred Units representing limited partnership interests in the Partnership resulting in $6,131,000 in aggregate proceeds
finance.yahoo.com - March 6 at 11:03 AM
biz.yahoo.com logoAMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistere
biz.yahoo.com - March 6 at 11:03 AM
globenewswire.com logoAmerica First Multifamily Investors, LP Reports Fourth Quarter 2016 Earnings - GlobeNewswire (press release)
globenewswire.com - March 4 at 4:13 PM
reuters.com logoBRIEF-America First Multifamily Investors reports • Q4 earnings per share $0.09
www.reuters.com - March 3 at 9:03 PM
finance.yahoo.com logoAmerica First Multifamily Investors, L.P. Reports Fourth Quarter 2016 Earnings
finance.yahoo.com - March 3 at 9:03 PM
biz.yahoo.com logoAMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 3 at 9:03 PM
biz.yahoo.com logoAMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Results of Operations and Financial Condition, Financia
biz.yahoo.com - February 14 at 9:23 PM
finance.yahoo.com logoAmerica First Multifamily Investors, L.P. Schedules Fourth Quarter 2016 Conference Call for Monday, March 6, 2017 at 4:30 p.m. Eastern Standard Time
finance.yahoo.com - February 14 at 4:21 PM
seekingalpha.com logoAmerica First Multifamily Investors - Tax-Free Income Has Pulled Me Out Of My Comfort Zone
seekingalpha.com - January 17 at 4:23 PM
biz.yahoo.com logoAMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of
biz.yahoo.com - December 20 at 9:00 PM
biz.yahoo.com logoAMERICA FIRST MULTIFAMILY INVESTORS, L.P. Files SEC form 8-K, Other Events
biz.yahoo.com - December 16 at 3:49 PM
reuters.com logoBRIEF-America First Multifamily Investors receives $7 mln from issuance of series A preferred units
www.reuters.com - December 6 at 12:35 PM

Social

America First Multifamily Investors LP (ATAX) Chart for Monday, May, 22, 2017

This page was last updated on 5/22/2017 by MarketBeat.com Staff