NASDAQ:ATAX - America First Multifamily Investors Stock Price, Price Target & More

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$6.38 -0.03 (-0.47 %)
(As of 07/17/2018 04:00 PM ET)
Previous Close$6.40
Today's Range$6.35 - $6.40
52-Week Range$5.85 - $6.50
Volume14,474 shs
Average Volume80,916 shs
Market Capitalization$386.39 million
P/E Ratio14.52
Dividend Yield7.81%
Beta0.35
America First Multifamily Investors logoAmerica 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
SymbolNASDAQ:ATAX
CUSIPN/A
Phone402-444-1630

Debt

Debt-to-Equity Ratio2.21
Current Ratio4.85
Quick Ratio4.85

Price-To-Earnings

Trailing P/E Ratio14.52
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$70.38 million
Price / Sales5.47
Cash Flow$0.5582 per share
Price / Cash11.43
Book Value$5.25 per share
Price / Book1.22

Profitability

EPS (Most Recent Fiscal Year)$0.44
Net Income$30.59 million
Net Margins35.12%
Return on Equity9.48%
Return on Assets2.73%

Miscellaneous

EmployeesN/A
Outstanding Shares60,370,000
Market Cap$386.39

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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 Thursday, June 14th. Investors of record on Friday, June 29th will be paid a dividend of $0.125 per share on Tuesday, July 31st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 7.84%. The ex-dividend date of this dividend is Thursday, June 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 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 repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

How were America First Multifamily Investors' earnings last quarter?

America First Multifamily Investors LP (NASDAQ:ATAX) announced its quarterly earnings results on Monday, May, 7th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.08 by $0.01. The financial services provider had revenue of $16.46 million for the quarter, compared to the consensus estimate of $15.19 million. America First Multifamily Investors had a return on equity of 9.48% and a net margin of 35.12%. 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 Monday, August, 6th 2018. View Earnings Estimates for America First Multifamily Investors.

What price target have analysts set for ATAX?

2 brokerages have issued 1-year price objectives for America First Multifamily Investors' stock. Their predictions range from $6.00 to $6.00. On average, they anticipate America First Multifamily Investors' stock price to reach $6.00 in the next year. This suggests that the stock has a possible downside of 6.0%. View Analyst Ratings for America First Multifamily Investors.

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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for America First Multifamily Investors in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

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 50)
  • 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)

Has America First Multifamily Investors been receiving favorable news coverage?

Press coverage about ATAX stock has trended somewhat positive on Tuesday, according to Accern. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. America First Multifamily Investors earned a coverage optimism score of 0.18 on Accern's scale. They also gave media coverage about the financial services provider an impact score of 44.78 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

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 Bank of Montreal Can (0.04%). Company insiders that own America First Multifamily Investors stock include Chad L Daffer, Craig Steven Allen, George H Krauss, 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 Bank of Montreal Can. 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, 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 $6.38.

How big of a company is America First Multifamily Investors?

America First Multifamily Investors has a market capitalization of $386.39 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.

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:  133 (Vote Outperform)
Underperform Votes:  164 (Vote Underperform)
Total Votes:  297
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 7/17/2018 by MarketBeat.com Staff

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