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

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$5.60 -0.09 (-1.58 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$5.60
Today's Range$5.56 - $5.70
52-Week Range$5.17 - $6.50
Volume64,359 shs
Average Volume52,960 shs
Market Capitalization$343.98 million
P/E Ratio12.73
Dividend Yield8.79%
Beta0.28
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

Stock Exchange NASDAQ
Industry Nondepository credit institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:ATAX
Previous Symbol
CUSIPN/A
Phone402-444-1630

Debt

Debt-to-Equity Ratio2.08
Current Ratio4.05
Quick Ratio4.05

Price-To-Earnings

Trailing P/E Ratio12.73
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$70.38 million
Price / Sales4.81
Cash Flow$0.5512 per share
Price / Cash Flow10.16
Book Value$5.25 per share
Price / Book1.07

Profitability

EPS (Most Recent Fiscal Year)$0.44
Net Income$30.59 million
Net Margins46.47%
Return on Equity14.33%
Return on Assets4.08%

Miscellaneous

EmployeesN/A
Outstanding Shares60,450,000
Market Cap$343.98 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 announced a quarterly dividend on Friday, September 14th. Shareholders of record on Friday, September 28th will be paid a dividend of $0.125 per share on Wednesday, October 31st. This represents a $0.50 annualized dividend and a dividend yield of 8.93%. The ex-dividend date is Thursday, September 27th. View America First Multifamily Investors' Dividend History.

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

America First Multifamily Investors declared that its Board of Directors has approved a stock 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 reacquire shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors 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 data on Monday, November, 5th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.17. The financial services provider earned $26 million during 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 Wednesday, February 27th 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?

Media coverage about ATAX stock has trended somewhat positive recently, according to InfoTrie. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. America First Multifamily Investors earned a news impact score of 0.7 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the immediate future.

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 51)
  • Mr. Chad L. Daffer, Chief Exec. Officer (Age 53)
  • Mr. Craig S. Allen, Chief Financial Officer (Age 59)
  • Mr. Maurice E. Cox Jr., Investor Relations Contact (Age 76)

Who are America First Multifamily Investors' major shareholders?

America First Multifamily Investors' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.35%), LPL Financial LLC (0.30%), Wells Fargo & Company MN (0.30%), Cambridge Investment Research Advisors Inc. (0.15%), Creative Planning (0.14%) and US Bancorp DE (0.08%). 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 major investors are buying America First Multifamily Investors stock?

ATAX stock was bought by a variety of institutional investors in the last quarter, including US Bancorp DE, Renaissance Technologies LLC, Cambridge Investment Research Advisors Inc., Creative Planning, LPL Financial LLC and Wells Fargo & Company MN. 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 $5.60.

How big of a company is America First Multifamily Investors?

America First Multifamily Investors has a market capitalization of $343.98 million and generates $70.38 million in revenue each year. The financial services provider earns $30.59 million in net income (profit) each year or $0.44 on an earnings per share basis.

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:  146 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  333
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 12/15/2018 by MarketBeat.com Staff

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