NASDAQ:ATAX - America First Multifamily Investors Stock Price, News, & Analysis

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$6.68 +0.02 (+0.30 %)
(As of 02/17/2019 04:00 PM ET)
Previous Close$6.68
Today's Range$6.65 - $6.70
52-Week Range$5.17 - $6.70
Volume81,419 shs
Average Volume196,453 shs
Market Capitalization$403.83 million
P/E Ratio10.90
Dividend Yield7.51%
Beta0.34
America First Multifamily Investors, L.P. acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction or permanent financing for multifamily and student housing, and residential and commercial properties. It operates through four segments: Mortgage Revenue Bond Investments, MF Properties, Public housing Capital Fund Trust, and Other Investments. As of December 31, 2017, the company owned 87 MRBs, of which various bonds were issued by state and local housing authorities in order to provide construction or permanent financing for 63 residential properties comprising a total of 10,666 rental units located in 14 states in the United States. America First Capital Associates Limited Partnership Two serves as the general partner of the company. America First Multifamily Investors, L.P. was founded in 1998 and is based in Omaha, Nebraska.

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Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:ATAX
CUSIPN/A
Phone402-444-1630

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$70.38 million
Cash Flow$0.5628 per share
Book Value$5.25 per share

Profitability

Net Income$30.59 million

Miscellaneous

EmployeesN/A
Market Cap$403.83 million
OptionableOptionable

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

What is America First Multifamily Investors' stock symbol?

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

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

America First Multifamily Investors declared a quarterly dividend on Monday, December 17th. Shareholders of record on Monday, December 31st will be given a dividend of $0.125 per share on Thursday, January 31st. This represents a $0.50 dividend on an annualized basis and a yield of 7.49%. The ex-dividend date of this dividend is Friday, December 28th. View America First Multifamily Investors' Dividend History.

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

America First Multifamily Investors announced that its Board of Directors has initiated a share buyback program on Saturday, March 3rd 2018, which authorizes the company to repurchase 270,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its stock is undervalued.

How were America First Multifamily Investors' earnings last quarter?

America First Multifamily Investors LP (NASDAQ:ATAX) posted its quarterly earnings results on Monday, November, 5th. The financial services provider reported $0.25 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.08 by $0.17. The financial services provider had revenue of $26 million for the quarter. America First Multifamily Investors had a return on equity of 14.33% and a net margin of 46.47%. View America First Multifamily Investors' Earnings History.

When is America First Multifamily Investors' next earnings date?

America First Multifamily Investors is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for America First Multifamily Investors.

What is the consensus analysts' recommendation for America First Multifamily Investors?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for America First Multifamily Investors in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for America First Multifamily Investors.

Has America First Multifamily Investors been receiving favorable news coverage?

Headlines about ATAX stock have trended negative this week, InfoTrie reports. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. America First Multifamily Investors earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term.

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

Who are America First Multifamily Investors' key executives?

America First Multifamily Investors' management team includes the folowing people:
  • Ms. Lisa Yanney Roskens, Chairman, CEO & Pres of the Burlington Capital Group LLC (Age 52)
  • Mr. Chad L. Daffer, Chief Exec. Officer (Age 54)
  • Mr. Craig S. Allen, Chief Financial Officer (Age 60)
  • Mr. Maurice E. Cox Jr., Investor Relations Contact (Age 77)

Who are America First Multifamily Investors' major shareholders?

America First Multifamily Investors' stock is owned by many different of retail and institutional investors. Top institutional investors include America First Investment Advisors LLC (0.67%), Raymond James & Associates (0.66%), Raymond James Financial Services Advisors Inc. (0.47%), LPL Financial LLC (0.33%), Creative Planning (0.12%) and Geode Capital Management LLC (0.11%). Company insiders that own America First Multifamily Investors stock include Chad L Daffer, Craig Steven Allen, George H Krauss, Lisa Y Roskens, Michael B Yanney, Patrick J Jung and William S Carter. View Institutional Ownership Trends for America First Multifamily Investors.

Which institutional investors are selling America First Multifamily Investors stock?

ATAX stock was sold by a variety of institutional investors in the last quarter, including Cambridge Investment Research Advisors Inc., Creative Planning, Cavalier Investments LLC, Raymond James Financial Services Advisors Inc., Oppenheimer & Co. Inc. and America First Investment Advisors LLC. Company insiders that have sold America First Multifamily Investors company stock in the last year include Lisa Y Roskens and Michael B Yanney. View Insider Buying and Selling for America First Multifamily Investors.

Which institutional investors are buying America First Multifamily Investors stock?

ATAX stock was purchased by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, NEXT Financial Group Inc, LPL Financial LLC, BB&T Securities LLC, Private Advisor Group LLC, Raymond James & Associates, Advisor Group Inc. and Intercontinental Wealth Advisors LLC. Company insiders that have bought America First Multifamily Investors stock in the last two years include Chad L Daffer, Craig Steven Allen, George H Krauss, Lisa Y Roskens, Patrick J Jung and William S Carter. View Insider Buying and Selling for America First Multifamily Investors.

How do I buy shares of America First Multifamily Investors?

Shares of ATAX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is America First Multifamily Investors' stock price today?

One share of ATAX stock can currently be purchased for approximately $6.68.

How big of a company is America First Multifamily Investors?

America First Multifamily Investors has a market capitalization of $403.83 million and generates $70.38 million in revenue each year.

What is America First Multifamily Investors' official website?

The official website for America First Multifamily Investors is http://www.ataxfund.com.

How can I contact America First Multifamily Investors?

America First Multifamily Investors' mailing address is 1004 FARNAM ST STE 400, OMAHA NE, 68102. The financial services provider can be reached via phone at 402-444-1630.


MarketBeat Community Rating for America First Multifamily Investors (NASDAQ ATAX)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  150 (Vote Outperform)
Underperform Votes:  193 (Vote Underperform)
Total Votes:  343
MarketBeat's community ratings are surveys of what our community members think about America First Multifamily Investors and other stocks. Vote "Outperform" if you believe ATAX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ATAX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/17/2019 by MarketBeat.com Staff

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