America First Multifamily Investors (ATAX) Stock Price, News & Analysis

America First Multifamily Investors, L.P. (NASDAQ:ATAX) announced its quarterly earnings data on Thursday, November, 4th. The financial services provider reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.06. The financial services provider earned $17.68 million during the quarter. America First Multifamily Investors had a trailing twelve-month return on equity of 20.85% and a net margin of 88.87%.

America First Multifamily Investors (NASDAQ:ATAX) pays an annual dividend of $1.48 per share and currently has a dividend yield of 7.96%. ATAX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 51.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, ATAX will have a dividend payout ratio of 155.79% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ATAX.

Shares of America First Multifamily Investors reverse split before market open on Monday, April 4th 2022. The 1-3 reverse split was announced on Monday, April 4th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, April 4th 2022. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other America First Multifamily Investors investors own include Energy Transfer (ET), CBL & Associates Properties (CBL), New Residential Investment (NRZ), AGNC Investment (AGNC), Orchid Island Capital (ORC), Annaly Capital Management (NLY), AT&T (T), NGL Energy Partners (NGL), Prospect Capital (PSEC) and Chimera Investment (CIM).