NASDAQ:ATAX

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

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
N/A
50-Day Range
$17.15
$19.10
52-Week Range
N/A
Volume
485 shs
Average Volume
41,768 shs
Market Capitalization
$413.79 million
P/E Ratio
6.46
Dividend Yield
7.96%
Price Target
N/A
ATAX stock logo

About America First Multifamily Investors Stock (NASDAQ:ATAX)

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 and/or permanent financing for multifamily and student housing, and residential and commercial properties. It operates through five segments: Affordable Multifamily MRB Investments, Seniors and Skilled Nursing MRB Investments, MF Properties, Market-Rate Joint Venture Investments, and Public Housing Capital Fund Trusts. As of December 31, 2021, the company owned 74 MRBs issued by state and local housing authorities in order to provide construction or permanent financing for 76 multifamily and seniors housing properties comprising a total of 12,584 rental units located in 17 states; and nine governmental issuer loans related to affordable multifamily properties containing a total of 1,832 rental units located in six 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 incorporated in 1998 and is based in Omaha, Nebraska.

ATAX Stock News Headlines

World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
The Analyst Verdict: First American Financial In The Eyes Of 4 Experts
First American Financial Slips To Loss In Q3, Adj. EPS Tops View
What Wall Street expects from First American Financial's earnings
Everton sold to American investment firm
See More Headlines
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Company Calendar

Last Earnings
11/04/2021
Today
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:ATAX
Employees
2,020
Year Founded
N/A

Profitability

Net Income
$38.10 million
Pretax Margin
88.85%

Debt

Sales & Book Value

Annual Sales
$68.50 million
Book Value
$16.77 per share

Miscellaneous

Free Float
21,958,000
Market Cap
$413.79 million
Optionable
Optionable
Beta
0.58
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Key Executives

  • Mr. Kenneth C. RogozinskiMr. Kenneth C. Rogozinski (Age 60)
    Chief Exec. Officer
  • Mr. Jesse A. Coury (Age 36)
    Chief Financial Officer
  • Mr. Maurice E. Cox Jr. (Age 80)
    Investor Relations Contact
  • Mr. Andy Grier
    Sr. VP
  • Mr. Robert Schultz
    Managing Director
  • Mr. Neil S. Bø
    Managing Director
  • Mr. Frank Bravo
    Managing Director
  • Mr. Brett Southworth
    Managing Director

ATAX Stock Analysis - Frequently Asked Questions

How were America First Multifamily Investors' earnings last quarter?

America First Multifamily Investors, L.P. (NASDAQ:ATAX) announced its earnings results on Thursday, November, 4th. The financial services provider reported $0.57 earnings per share (EPS) for the quarter, beating 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%.

Is America First Multifamily Investors a good dividend stock?

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.

When did America First Multifamily Investors' stock split?

America First Multifamily Investors's stock reverse split 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 closing bell 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.

What other stocks do shareholders of America First Multifamily Investors own?

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).

This page (NASDAQ:ATAX) was last updated on 4/25/2024 by MarketBeat.com Staff

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